Citi sees US dollar weak in near term, rebounding later in 2024
By Saqib Iqbal Ahmed and David Randall NEW YORK (Reuters) – A comparatively hawkish European Central Bank is likely to keep the dollar under pressure against the euro in the near term,…
Canada’s Ivey PMI shows activity rebounding in August
TORONTO (Reuters) – Canadian economic activity expanded in August, rebounding after a contraction in the previous month, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted PMI rose to…
China’s May new yuan loans seen rebounding: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to have rebounded in May after a sharp drop in April, a Reuters poll showed, as the central bank keeps policy accommodative to…
Rebounding margins silver lining for US retail firms in uncertain economy
By Aishwarya Venugopal (Reuters) – Lower input costs and inventories, as well as extended price hikes are pushing a quicker-than-expected recovery in margins at U.S. consumer-facing firms including PepsiCo, Kraft Heinz, and…
China’s new yuan loans seen rebounding in March: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to rebound in March from a sharp drop in February, a Reuters poll showed, as the central bank keeps policy accommodative to support…
Inflation could make or break rebounding 60/40 portfolio
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge on whether…
Rebounding New Zealand tourism is a rare bright spot for its economy
By Lucy Craymer WELLINGTON (Reuters) – When cruises started taking bookings at the end of the COVID-19 pandemic, Australians Eunice and John Rowley quickly made plans for their first ever visit to…
Rebounding EM stocks pass “bull market” threshold
LONDON (Reuters) – Fast-charging emerging market stocks were entered so-called “bull market” territory on Monday, as another China-driven surge in Asia’s biggest bourses pushed MSCI’s main EM index 20% above its last…
Mexico headline inflation seen rebounding in early December, core inflation to slow – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have rebounded in the first half of December after six fortnights of slowing, backing bets the Bank of Mexico will continue to…
Canadian dollar seen rebounding if risk aversion clears: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar will strengthen over the coming year, recouping recent declines against a broadly stronger U.S. counterpart, supported by solid domestic economic prospects and rising…
U.S. Labor Day weekend travel volumes seen rebounding to pre-pandemic levels
By Doyinsola Oladipo NEW YORK (Reuters) – The number of people traveling for the U.S. Labor Day holiday weekend is expected to rebound to pre-pandemic levels and possibly set new records in…
China’s May new yuan loans seen rebounding on central bank support -Reuters poll
BEIJING – China’s new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy.…
S.Korea export growth seen rebounding in May; inflation tops 5%- Reuters poll
By Jihoon Lee SEOUL – South Korean export growth is expected to have rebounded in May, but the trade balance likely remained in red, while consumer inflation is seen rising above 5%…
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank potentially hikes…
Canada January retail sales seen rebounding from December decline
By Julie Gordon OTTAWA – Canadian retail sales most likely rose 2.4% in January from December, preliminary data from Statistics Canada showed on Friday, following on a 1.8% decline in December as…
Marriott, AirBnB, others see global travel rebounding in 2022
By Danielle Kaye NEW YORK – Marriott and Hilton, two of the biggest U.S. hotel chains, told investors they expect people to resume packing their bags for business and leisure this year…
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