Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
UK set for faster growth in 2026, slower inflation, OECD forecasts
UK growth revised up to 1.2% in 2026, rising to 1.3% in 2027 Inflation forecast to slow from…
Morning Bid: Giving thanks for bad economic news
Nov 26 – What matters in U.S. and global markets today Weaker-than-expected U.S. economic data has upped bets…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
Nigeria’s central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27% Economists had predicted another rate cut Analysts say lower deposit rate signals…
Dollar hedging frenzy fades, bringing relief to greenback
Investor hedging of dollar exposure has slowed, traders say Development supports case for dollar recovery BNY client data…
Top ECB officials urge EU to remove internal barriers amid Trump tariffs
Item 1 of 3 European Central Bank President Christine Lagarde delivers her keynote speech at Euro Finance Week,…
BoE’s Pill does not expect much shift in rate view given high pay growth
LONDON, Nov 18 (Reuters) – Bank of England Chief Economist Huw Pill said on Tuesday that he did…
Fitch retains Ukraine’s sovereign rating at ‘restricted default’
Nov 14 (Reuters) – Global ratings agency Fitch affirmed Ukraine’s long-term foreign currency sovereign credit rating at “restricted…
UK’s commitment to fiscal rules crucial for credit rating, Fitch says
LONDON, Nov 14 (Reuters) – The UK government’s commitment to its own fiscal rules to balance the budget…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…