Fed’s Cook sees a less certain outlook for future of monetary policy
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Governor Lisa Cook said Friday that the outlook for the next stage of central bank …
outlook
Hospital operators’ outlook in focus on Medicaid concerns
By Khushi Mandowara (Reuters) – U.S. hospital operators are expected to report strong revenue for the first quarter, while investors will also focus on results …
Indonesia posts $8.7 billion Q1 budget surplus, stronger rupiah seen cutting deficit outlook
JAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening …
Euro zone inflation outlook warrants 50 bps hike in May: ECB’s Holzmann
(Reuters) – The European Central Bank needs to keep raising interest rates and the inflation outlook alone would warrant another 50 basis point increase in …
China’s reopening brightens developing Asia’s 2023 growth outlook – ADB
By Karen Lema MANILA (Reuters) – Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks …
World Bank maintains Thailand’s 2023 growth outlook at 3.6%
BANGKOK (Reuters) – Thailand’s economy is expected to grow by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery …
Fed officials keep rate hike door open, say bank stress may weigh on outlook
By Michael S. Derby, Ann Saphir and Howard Schneider WASHINGTON (Reuters) -Three Federal Reserve officials kept the door open on Thursday to more rate rises …
China’s top airlines post record annual losses, outlook brighter
BEIJING (Reuters) – China’s flagship carrier Air China Ltd posted record annual losses of 38.6 billion yuan ($5.61 billion)on Thursday as the country’s now-abandoned zero-COVID …
McCormick beats quarterly estimates on higher prices, reiterates outlook
(Reuters) – McCormick & Co Inc beat first-quarter sales and profit expectations on Tuesday as the Cholula sauce maker benefited from multiple prices increases. Shares …
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
LONDON (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on …
OECD hikes growth outlook, but warns recovery fragile
By Leigh Thomas PARIS (Reuters) – The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest …
ECB goes big on rates but bank turmoil clouds outlook for central banks
LONDON (Reuters) – The European Central Bank on Thursday stuck with plans for a big interest rate increase, keeping up the pace of its monetary …
Norwegian companies see stable outlook, central bank survey shows
OSLO (Reuters) – Activity in the Norwegian economy is levelling off and companies expect business prospects to be stable in the first half of 2023, …
Rio Tinto sees robust short term outlook for copper
KHANBOGD, Mongolia (Reuters) – The short-term outlook for copper is “pretty healthy,” with global stockpiles trending down and mine disruptions having eroded supply from Latin …
BoE’s Mann says sees pound sensitive to views on Fed, ECB outlook
LONDON (Reuters) – Bank of England rate-setter Catherine Mann said on Tuesday that the pound could face downward pressure if investors have not yet fully …
HelloFresh shares drop as profit outlook disappoints
By Linda Pasquini (Reuters) -HelloFresh forecast 2023 profit below analysts’ expectations on Tuesday, sending its shares down as much as 12.7%, as fewer people order …
Australian pallets maker Brambles hikes annual profit outlook; shares jump
By Harish Sridharan (Reuters) -Australian logistics company Brambles Ltd raised its annual earnings outlook on Friday as it offset cost pressures with product price hikes, …
UK retail sales flat in Feb after Jan fall, outlook gloomy: CBI
LONDON (Reuters) -British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the …
Disasters lower outlook for New Zealand interest rate rise
By Lucy Craymer WELLINGTON (Reuters) – Expected damage to New Zealand’s economy from severe weather over the past three weeks has prompted financial markets to …
Swiss Re 2022 net profit down 67%; sees brighter outlook for 2023
FRANKFURT (Reuters) – Reinsurance company Swiss Re said on Friday that net profit for 2022 fell 67% as it faced claims from Hurricane Ian in …
Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and …
Euro bulls get a reality check as investors assess rate outlook
By Samuel Indyk and Alun John LONDON (Reuters) – Euro bulls might have to curb their enthusiasm after the rush to buy the single currency …
Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue
SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high sales last year, as slowing …
Fed’s Williams: Financial conditions seem broadly consistent with the Fed’s outlook on policy
By Michael S. Derby NEW YORK (Reuters) – New York Fed President John Williams said financial conditions are roughly in line with what central bankers …
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for …
Iceland’s central bank raises key rate as inflation outlook worsens
COPENHAGEN (Reuters) – Iceland’s central bank raised its key policy interest rate by half a percentage point to 6.5% on Wednesday, its first rate hike …
Thai shippers retain export growth outlook of 1-2% this year
BANGKOK (Reuters) – Thailand’s exports are likely to grow 1% to 2% this year, unchanged from a previous forecast, due to slowing global demand, the …
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence …
Brazil currency firms, rate cut bets pushed back by central bank’s hawkish outlook
By Marcela Ayres BRASILIA (Reuters) – Brazil’s currency firmed and interest rate futures jumped on Thursday as a more hawkish outlook from the central bank …
Japan’s Takeda’s profit slips 13%, pipeline bolsters outlook
TOKYO (Reuters) – Japan’s Takeda Pharmaceutical Co posted a 13% drop in operating earnings for the nine months ended December but kept its profit outlook …
German manufacturers’ outlook brightens but orders keep falling in Jan – PMI
BERLIN (Reuters) – German manufacturers started the year with a slightly brighter outlook on the year ahead despite the fact that orders continued to fall, …
Taiwan Dec export orders fall for 4th month, uncertainty darkens outlook
TAIPEI (Reuters) – Taiwan’s export orders contracted for a fourth straight month in December, hit by slumping Chinese demand and weaker global consumer spending due …
IMF slashes UK growth outlook, adding pressure on finance minister Hunt
LONDON (Reuters) – Britain is the only Group of Seven nation to have suffered a cut to its 2023 economic growth outlook in International Monetary …
Thai finance ministry maintains 2023 GDP growth outlook, sees more tourists
BANGKOK (Reuters) – Thailand’s finance ministry on Friday maintained its economic growth outlook for 2023 at 3.8%, helped by a rebound in tourism and domestic …
Bullish bets on Asian FX as easing of China COVID curbs boosts outlook – Reuters poll
By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. …
Marketmind: Cloudy outlook
A look at the day ahead in U.S. and global markets from Mike Dolan. With market visibility extremely low, bouts of optimism about peak interest …
UK economic forecaster to downgrade medium-term growth outlook – Times
LONDON (Reuters) – Britain’s official economic forecaster has told the government that it overestimated the prospects for medium-term growth and that it intends to revise …
Investors eye Boeing jet production outlook, delivery schedule
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – As Boeing battles disruption in its supply chains, investors will be looking for the largest U.S. …
U.S. business activity still soft in early 2023, but outlook perks up
NEW YORK (Reuters) – U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across both the manufacturing and services …
Defense firms set to post higher sales, McCarthy’s election clouds outlook
By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased …
UK businesses face ‘bleak’ outlook after poor end to 2022: BCC
By David Milliken LONDON (Reuters) – British businesses are gloomy about prospects for 2023 as they face the likelihood of a surge energy bills and …
Stumbling Treasury rally clouds bond market outlook for 2023
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are …
U.S. consumers’ 1-year inflation outlook drops to 18-month low – UMich
(Reuters) – U.S. consumers expect price pressures to moderate notably in the next year, with a benchmark survey on Friday showing their one-year inflation outlook …
German employment outlook for Q1 2023 is positive – Ifo
BERLIN (Reuters) – The outlook for employment in Germany, Europe’s largest economy, is positive for the first quarter of next year, the Ifo economic institute …
New Cleveland Fed data points to easing shelter inflation outlook
By Michael S. Derby NEW YORK (Reuters) – New data from the Cleveland Federal Reserve tracking housing sector inflation suggests one of the key drivers …
Taiwan Nov export orders plunge, China’s COVID surge clouds outlook
TAIPEI (Reuters) – Taiwan’s export orders contracted at the worst rate in more than a decade in November, hit by a plunge in China demand …
World Bank cuts China growth outlook on COVID, property woes
BEIJING (Reuters) – The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of …
Ericsson shares extend fall after outlook disappoints
(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the telecom equipment maker said several …
Asian FX bulls return as easing China COVID curbs improves outlook: Reuters poll
By Upasana Singh (Reuters) – Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine conflict broke out in February, …
BOJ to keep ultra-low rates, hold fire until global outlook clearer
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep ultra-low interest rates and dovish guidance next week, signalling its resolve …