Oil prices could fall without further OPEC+ cut, analysts say
By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd)…
By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd)…
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their peak, roughly double the fall during the 2008-09 financial crisis,…
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises, and that’s unlikely to change soon. New research from the…
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Provention Bio Inc has priced its diabetes drug teplizumab at $13,850 a vial, it said on Friday, a day after receiving U.S. approval…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady for a second consecutive month, a source close to the…
More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say John Hugh DeMastri on November 8, 2022 Delinquency rates on U.S. auto loans hit their highest level in…
By Nayara Figueiredo SAO PAULO (Reuters) – A decline in Brazilian cattle prices this year and strong demand for the country’s beef exports will widen Brazilian meatpackers’ margins in the…
MOSCOW (Reuters) – Russia’s partial mobilisation is having a negative impact on consumer and entrepreneurial confidence, while also posing new challenges for small and medium-sized companies, Russian central bank analysts…
MUMBAI (Reuters) – India’s consumer price-led inflation is expected to gradually decelerate after September, helped by a fall in commodity prices and easing food inflation, analysts said. India’s annual retail…
Online Investors Believe A Banking Titan Might Be On The Verge Of Collapse, Analysts Disagree. Here’s Why John Hugh DeMastri on October 6, 2022 Shares of Swiss banking giant…
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to fall short of a September forecast for the coming year following sharp losses in recent weeks and as…
By Hari Kishan and Shaloo Shrivastava BENGALURU (Reuters) – The unstoppable dollar, which is already having a banner year, is likely to extend its dominance beyond 2022, according to a…
By Josh Horwitz SHANGHAI (Reuters) – A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds…
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – India’s lower-than-expected economic growth in April-June is unlikely to alter the course for the Reserve Bank of India that is anchored to taming…
SHANGHAI (Reuters) – China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs),…
MUMBAI – India’s headline retail inflation that eased for the third straight month in July is expected to remain above the central bank’s upper tolerance range in the near term,…
(Reuters) – Shares of IWG fell 18% on Tuesday to their lowest since March 2020, as the office rental group’s first-half results failed to impress analysts who are expecting rising…
BUENOS AIRES – Analysts polled by Argentina’s central bank sharply raised their inflation estimate for 2022 to 90.2%, up 16.2 percentage points from the previous month’s forecast, according to a…
LIMA – Analysts and market participants in Peru raised their expectations for the Andean country’s 2022 inflation on Friday, a monthly central bank survey showed, saying they now forecast an…
By Hari Kishan BENGALURU – The dollar’s strength has yet to peak, according to a majority of currency strategists polled by Reuters who were however divided on when the currency’s…
By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters…
By Rowena Edwards LONDON – Ecuador is expected to deal quickly with Anglo-French oil company Perenco’s efforts to enforce a multi-million dollar award payment as delaying could cast a shadow…
By Josh Horwitz SHANGHAI – Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned on Friday, after the…
By Ann Saphir WASHINGTON – After the U.S. central bank raised its policy target interest rate on Wednesday by three-quarters of a percent for the second month in a row,…
SAO PAULO – Nubank Holdings Ltd’s announcement that Brazilian customers’ deposits will not yield interest in the first 30 days was seen by analysts as an important step toward reducing…