A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar …
Inflation,
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Japan households’ inflation expectations rise, keep pressure on BOJ
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – Japanese households’ inflation expectations rose in the three months to June, a central bank survey showed on Wednesday, adding to growing signs that conditions …
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Back-to-school spending set for first decline in nine years as inflation bites – report
by Reutersby ReutersBy Deborah Mary Sophia (Reuters) – Back-to-school spending is expected to fall for the first time in nine years as shoppers across all income levels pull back on non-essential purchases …
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By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate is expected to slow to 7.0% in June, according to the median forecast in a Reuters poll, after hitting …
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BERLIN (Reuters) – German inflation rose in June, interrupting a steady decline since the start of the year. German consumer prices, harmonised to compare with other European Union countries, increased …
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By David Milliken LONDON (Reuters) – Britain’s government and the Bank of England “will do what is necessary, for as long as necessary” to return inflation to its 2% target, …
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By Michael S. Derby (Reuters) – Americans said in June they were expecting the weakest near-term inflation gains in just over two years, while continuing to mark up the expected …
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Bank of Canada seen hiking rates quarter point to tame stubborn inflation
by Reutersby ReutersBy Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed …
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India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
by Reutersby ReutersBy Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a …
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Soaring vegetable prices may tip India’s delicate inflation balance -economists
by Reutersby ReutersMUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of key economic data releases showing whether China …
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Argentina inflation seen at 142% this year, down from previous poll
by Reutersby ReutersBUENOS AIRES (Reuters) – Expectations for galloping consumer prices in Argentina remain solidly in triple-digit territory, a monthly analyst poll showed on Friday, though the forecast edged down slightly compared …
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U.S. equity funds draw inflows for second week amid inflation relief
by Reutersby Reuters(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more …
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Global investors extend buying streak into equity funds on signs of easing inflation
by Reutersby Reuters(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks’ inclination …
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MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from statistics agency INEGI showed on Friday, continuing a downward trend …
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BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The Bank of Japan may revise up this year’s inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy …
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NY Fed data shows underlying inflation may be slower than thought
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central …
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Argentina to hold interest rate at 97% as raging inflation eases – bank sources
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation …
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U.S. service sector picks up in June; inflation gradually slowing – ISM survey
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a measure of prices paid by businesses for inputs fell to …
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Hopes of political change, surging inflation lure hedge funds to Argentinian stocks
by Reutersby ReutersBy Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given …
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Sri Lanka central bank to cut rates further on faster inflation drop
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate cut in June, as …
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FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still saw prices growing faster than the European Central Bank (ECB) …
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UK business momentum slows in June despite falling inflation -PMI
by Reutersby ReutersBy David Milliken LONDON (Reuters) – Growth in Britain’s private sector slowed sharply last month, despite businesses facing lower inflation, as higher Bank of England interest rates weighed on demand, …
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PARIS (Reuters) – Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. …
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Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
by Reutersby ReutersBy Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices …