EMRG

Euro rises as Eurozone countries release inflation data

Euro rises as Eurozone countries release inflation data

LONDON/SINGAPORE, March 31 (Reuters) – The euro was set for its best week since mid-January on Friday ahead of inflation data that will shape the ECB’s interest rate plans, while Investors expect US rates to peak, meaning the dollar is heading for a second straight quarterly loss. The common European currency was at $1.0883, down …

Euro rises as Eurozone countries release inflation data Read More »

World Bank raises 2023 growth outlook for developing East Asia as China reopens

World Bank raises 2023 growth outlook for developing East Asia as China reopens

March 31 (Reuters) – Growth in developing economies in East Asia and the Pacific will accelerate in 2023 thanks to China’s reopening and economic rebound, but high inflation and household debt will weigh on consumption in some countries, the World Bank announced on Friday. The Washington-based lender said in a report that it expected growth …

World Bank raises 2023 growth outlook for developing East Asia as China reopens Read More »

Morning Bid: The first quarter was difficult to control and a choppy second quarter is ahead - Reuters

Morning Bid: The first quarter was difficult to control and a choppy second quarter is ahead – Reuters

Morning auction: Q1 was difficult to master and a jerky Q2 is comingReuters Rates Spark: rates assess systemic risk, but unevenlyING Think Tight adjustment: As banking concerns fade, credit conditions…The ticker Despite a rocky start to the week, rates remain risk-receptiveDaily Mortgage News Morning Bid: Oscillating between banking fears and interest rate risksReuters See full …

Morning Bid: The first quarter was difficult to control and a choppy second quarter is ahead – Reuters Read More »

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China

TOKYO, March 31 (Reuters) – Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China’s ability to manufacture advanced chips Japan, home to major global chip equipment makers such as Nikon Corp ( 7731.T ) and Tokyo Electron …

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China Read More »

Morning Bid: support for troubled banks calms markets

Morning Bid: What banking crisis? End the first trimester on a high

March 31 (Reuters) – A preview of the day ahead in Asian markets from Jamie McGeever. Asian markets enter the final trading day of the quarter in a buoyant mood, ready to take on Friday’s load of regional economic data with a sense of optimism and resilience that would have been unbelievable a few weeks …

Morning Bid: What banking crisis? End the first trimester on a high Read More »

Egypt's Cenbank raises interest rates by 200 basis points to rein in inflation

Egypt’s Cenbank raises interest rates by 200 basis points to rein in inflation

March 30 (Reuters) – The Central Bank of Egypt (CBE) on Thursday raised overnight interest rates by 200 basis points (bps) following a meeting of its monetary policy committee ( MPC), saying it aimed to bring high inflation under control. The bank has set the lending rate at 19.25% and the deposit rate at 18.25%. …

Egypt’s Cenbank raises interest rates by 200 basis points to rein in inflation Read More »

Australia's February inflation slows to 8-month low, adding to case of rate pause

Brazil unveils new fiscal rules, allaying market fears over fiscal discipline

BRASILIA, March 30 (Reuters) – Brazil’s finance ministry on Thursday unveiled a proposal for new fiscal rules aimed at balancing spending growth limits with the government’s promise to boost social programs and public investment, reviving markets premises after months of uncertainty. The long-awaited proposal is key to allaying budget concerns after leftist President Luiz Inacio …

Brazil unveils new fiscal rules, allaying market fears over fiscal discipline Read More »

Stocks firmer as investors bet banking crisis is behind them

Stocks firmer as investors bet banking crisis is behind them

LONDON, March 30 (Reuters) – A steadier tone in global shares continued on Thursday as investors hoped the banking sector had turned the corner on its recent turmoil to help markets end the quarter on a high note positive The dollar and crude oil prices were steady, with calmer markets allowing investors to focus more …

Stocks firmer as investors bet banking crisis is behind them Read More »

Scroll to Top