Morning Bid: Bitcoin watch party rages on as PMIs loom
A look at the day ahead in European and global markets from Ankur Banerjee A series of manufacturing data will likely dominate markets’ attention on Friday, with the euro rooted…
Economy
1864 posts
Robust services drive India’s business activity to 3-month high in Nov, cost pressures grow
By Anant Chandak BENGALURU (Reuters) – India’s business activity rose at its fastest pace in three months in November, helped by an improving services industry and record job creation, but…
BOJ to hike rates in Dec as yen weakens and Trump returns, majority of analysts say: Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will raise interest rates again at its December meeting as a strengthening economy and concerns over the depreciating yen prompt…
China says stable trade and business development with US will benefit both nations
BEIJING (Reuters) – A stable and sustainable development trend on trade and business matters between China and the United States will benefit both nations, China’s Vice Commerce Minister Wang Shouwen…
Tokyo inflation likely exceeded BOJ’s 2% target again in November – Reuters poll
TOKYO (Reuters) – Consumer inflation in Tokyo for November likely surpassed the Bank of Japan’s 2% price target following a reduction in fuel subsidies and with an increase in food…
Singapore revises Q3 GDP higher, upgrades 2024 outlook
SINGAPORE (Reuters) -Singapore on Friday upgraded its economic outlook for 2024 as third quarter gross domestic product growth beat expectations and initial estimates, helped by stronger semiconductor production and engineering…
Dollar hugs 13-month peak as market awaits next Fed cue
By Brigid Riley TOKYO (Reuters) – The U.S. dollar stuck close to a 13-month high on Friday as investors assessed the outlook for the Federal Reserve’s interest rate path and…
Analysis-Trump’s return could extend US stocks’ dominance over global rivals
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can…
Analysis-Corporate China seeks dollars as trade tensions rise
SHANGHAI (Reuters) – Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign…
Brazil to freeze $860 million in 2024 spending, nears fiscal package announcement
BRASILIA (Reuters) – Brazil’s Finance Minister said on Thursday that government will freeze $860 million in 2024 spending and maintain its yearly primary deficit goal, adding that a fiscal package…