Reuters wins Polk Award for coverage of Elon Musk’s business empire
(Reuters) – The staff of Reuters has received a George Polk Award for its coverage of how Elon Musk’s manufacturing operations harmed consumers, workers and laboratory animals. The prestigious Polk Awards, presented…
European shares face bumpy ride to new highs in 2024: Reuters poll
By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Concerns over recession and sticky inflation will weigh on European shares over the coming months but fading policy headwinds could see the main…
S&P 500 seen dipping between now and year-end: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index of U.S. shares will slip marginally between now and year-end as past interest rate hikes, troubled regional banks and weak earnings…
Bank of Korea to hold rates until end of September, cut in Q4- Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep interest rates unchanged for a third time on Thursday to assess the impact of previous hikes on inflation and economic…
RBNZ to hike rates one last time by 25 bps on May 24 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of New Zealand will hike interest rates by a final quarter point on Wednesday then end its most aggressive tightening cycle since adopting…
Bank of Israel to raise rates 25 bps next week, may be last in cycle – Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to raise short-term interest rates by another quarter-point to a more than 16-year high next week, in what may be the…
Bank of Mexico seen holding interest rate after nearly two years of hikes – Reuters poll
MEXICO CITY (Reuters) – The Bank of Mexico is expected to hold the country’s benchmark interest rate on Thursday, halting a cycle of rate hikes that began in June 2021, a Reuters…
Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
JAKARTA (Reuters) – Indonesia’s April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll showed. The…
Japan core CPI likely re-accelerated in April despite energy subsidies- Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s core consumer inflation likely re-accelerated in April, a Reuters poll of 19 economists showed, as a flurry of retail price hikes offset the effect of…
U.S. Treasury yields to rise amid debt ceiling standoff: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will rise significantly over the coming month, according to analysts polled by Reuters who were split over whether the risk of a U.S.…
Japan GDP growth likely accelerated in Q1 on robust services consumption- Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew in January-March at the fastest pace in three quarters, as spending in the services sector offset soft business activity, a Reuters poll…
Malaysia’s Q1 GDP growth likely cooled on weak demand, exports – Reuters poll
By Sujith Pai BENGALURU (Reuters) – Malaysia’s economic growth probably slowed in the first quarter, hit by tepid consumption and declining exports, a Reuters poll of economists showed. The Southeast Asian economy…
India inflation likely hit 18-month low in April- Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, keeping it below the Reserve Bank of…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported by low inventories, but the upside will be curbed by weak physical…
Chile peso to hold stable as economic and political worries fade: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, validating the central bank’s decision to unwind…
Dollar to remain resilient in coming months despite narrowing rate gap – Reuters poll
By Shaloo Shrivastava and Indradip Ghosh BENGALURU (Reuters) – The U.S. dollar will remain resilient against most major currencies over the coming months despite expectations of narrowing interest rate differentials, a Reuters…
Indonesia economy likely grew 4.95% on year in Q1, contracted vs quarter: Reuters poll
By Sujith Pai BENGALURU (Reuters) – Indonesian annual economic growth likely slowed to its weakest in more than a year in January-March and shrank on a quarterly basis as lower commodity prices…
Russia to keep rates on hold in 2023 as economy grows marginally – Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Russia will keep interest rates on hold at 7.5% in 2023 as inflation ends the year above target and the economy grows marginally, a…
High inflation still top concern for global economy, say economists: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for rate rises, according to…
RBA to hold cash rate at 3.60% in May, but may need to raise again: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its interest rate unchanged at 3.6% on Tuesday for a second consecutive meeting to assess the impact of past hikes on…
South Korea exports set for longest falling streak in over three years- Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in April for a seventh consecutive month and their longest falling streak in more than three years, a Reuters survey showed…
Egypt’s economy seen growing 4% this fiscal year as currency weakens- Reuters poll
By Patrick Werr CAIRO (Reuters) – Egypt’s economy will grow 4.0% this fiscal year and 4.5% next even as it endures a continuing depreciation in its currency, a Reuters poll showed on…
Gulf economies to grow at much slower pace in 2023 on lower oil revenues- Reuters poll
By Anant Chandak BENGALURU (Reuters) – Gulf Cooperation Council (GCC) economies will grow at a much slower pace in 2023 than last year as expectations for muted gains in crude prices and…
ECB set to step down to 25 bps move on May 4, at least one more expected- Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will almost certainly add 25 basis points to its deposit rate on May 4 and then take it to 3.50% or higher…
Turkey year-end inflation seen at 46% despite likely post-election rate hikes – Reuters poll
ISTANBUL (Reuters) – Turkish inflation will dip to 46.4% by end-2023, a Reuters poll showed on Monday, while the policy rate is seen rising to 24% next quarter after upcoming elections that…
Swedish central bank seen hiking by half percentage point to 3.5% next week- Reuters Poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point to come…
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