Morning Bid: Risk-wary markets count down to payrolls
A look at the day ahead in European and global markets from Stella Qiu Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea,…
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UK’s Reynolds says balanced trade with US reduces risk of Trump tariffs, FT reports
(Reuters) – Britain’s balanced trade with the U.S. should reduce the risk of tariffs that President-elect Donald Trump will introduce on its products, the Financial Times reported on Friday, citing…
The pressure’s on: Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – The European Central Bank looks set to cut rates again next week as inflation heads down, and financial markets are keen…
India cenbank holds rates steady; cuts banks’ cash reserve ratio
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -The Reserve Bank of India (NS:BOI) (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR)…
RBI holds benchmark rate, cuts cash reserve ratio as economic growth cools
Investing.com– The Reserve Bank of India kept its benchmark rate unchanged as expected on Friday, but cut reserve requirements for banks as recent data showed a sharp cooldown in economic…
US payrolls seen up in November as Boeing workers return, hurricanes over
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth likely surged in November after being severely constrained by hurricanes and strikes, but this probably does not signal a material shift…
Analysis-BOJ is holding cards close to its chest on December rate hike
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption,…
Asian shares slip on South Korea risk, dollar on guard ahead of payrolls
By Stella Qiu SYDNEY (Reuters) – Asian stocks slipped on Friday on political ructions in South Korea, while dollar bulls waited anxiously to see if U.S. payrolls challenged or cemented…
World Bank wins pledges for $100 billion replenishment of fund for poorest countries
By David Lawder WASHINGTON (Reuters) – Donor countries have pledged a record $100 billion three-year replenishment of the World Bank’s fund for the poorest nations, providing a vital lifeline for…
RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Australia’s central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists polled…