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…
Canadian dollar forecasts cut as BoC trails Fed on peak-rate bets – Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s dollar will gain less than previously thought over the coming year as the domestic economy has lost some sensitivity to oil prices and the Bank…
Economic slump nudges down platinum and palladium forecasts – Reuters poll
By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according to a…
Gold to rebound slightly next year as Fed tightening cycle ends: Reuters poll
By Eileen Soreng (Reuters) – Gold prices will average $1,712.50 an ounce next year, rising from current levels, as an end to U.S. interest rate rises is expected to revive investor interest…
OPEC oil output falls by 20,000 bpd in October -Reuters survey
ABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and September, according to…
Dollar’s retreat temporary, likely to reclaim recent highs – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The dollar’s retreat in foreign exchange markets is temporary, according to a Reuters poll of currency strategists, who said the greenback still had enough strength left…
Mexico’s economy seen growing in Q3, but at slower pace – Reuters poll
MEXICO CITY (Reuters) – Mexico’s economy likely grew between July and September for the fourth consecutive quarter, though at a slower rate due to a slowdown in the United States, a Reuters…
South Korea’s exports to fall in Oct for first time in two years- Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in October, shrinking for the first time in two years in the face of a global economic slowdown and rising interest…
China’s factory activity set to stall in October- Reuters poll
BEIJING (Reuters) – China’s factory activity likely showed no growth in October, with production hit by COVID-19 restrictions and as exports moderate on slowing global demand, a Reuters poll showed on Friday.…
RBA to stick with modest rate hikes despite hot inflation: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia will raise interest rates by a more modest 25 basis points for a second straight month on Tuesday and is set…
South Korea’s economy likely ground to near halt in Q3 – Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – South Korea’s economy likely slowed to a near halt in the third quarter as weakening exports and rising interest rates knocked the wind out of what…
Fed to hike by 75 bps again on Nov. 2, should pause when inflation halves – economists: Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will go for its fourth consecutive 75 basis point interest rate hike on Nov. 2, according to economists polled by Reuters, who…
Russia seen holding benchmark interest rate at 7.5% this week – Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday, ending a months’-long rate-cutting cycle, as an…
Sovereign bond market turmoil to spill well into next year: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest rates to…
Speculators’ net long USD bets grow -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators’ net long bets on the U.S. dollar edged higher in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission…
Mexico’s inflation seen slowing a bit in first half of October – Reuters poll
MEXICO CITY (Reuters) – Mexican headline inflation is forecast to have slowed slightly in the first half of October, a Reuters poll showed on Friday, though it likely did not fall enough…
ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit and refinancing rates when it meets on Oct. 27 as…
BoC to dial down size of rate rises again but not done yet – Reuters poll
By Indradip Ghosh (Reuters) – The Bank of Canada will raise its overnight rate by 50 basis points on Oct. 26, a smaller amount than at previous meetings, but will get rates…
Bank Indonesia playing catch-up, to deliver another 50 bps rate hike on Thursday: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Bank Indonesia (BI) will deliver a second successive half-point interest rate hike on Thursday in an attempt to catch up with its peers and curb inflation…
Brazil’s economy seen in soft landing as private spending cools – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing financial costs,…
Turkish central bank to cut rates to 11% after Erdogan nudge – Reuters Poll
ISTANBUL (Reuters) – Turkey’s central bank is expected to cut its policy rate by 100 basis points to 11% next week, a Reuters poll showed on Friday, after President Tayyip Erdogan called…
Indonesia Sept trade surplus seen at $4.8 billion as exports slow – Reuters Poll
JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed on Friday.…
Japan Sept consumer inflation seen at 8-year high, above BOJ’s target for 6th month: Reuters Poll
TOKYO (Reuters) – Japan’s core consumer inflation rate likely hit an eight-year high in September as firms sought to offset pressure from high raw material costs and a sliding yen by hiking…
China’s Sept exports likely cooled further on weakening global demand: Reuters Poll
BEIJING (Reuters) – China’s export growth is expected to have slowed further in September as overseas demand weakens, adding to strains on the shaky economy amid COVID curbs and a property crisis,…
Japan Inc strongly backs defence spending, many firms near limit on weak yen – Reuters poll
By Rocky Swift TOKYO (Reuters) – Japanese firms overwhelmingly support increasing defence spending amid heightened sabre-rattling in Asia, according to a Reuters monthly poll on Thursday, which also showed half of companies…
Singapore GDP growth to ease in Q3, keeps MAS in delicate balancing act: Reuters Poll
By Chen Lin SINGAPORE (Reuters) – Singapore’s economy is expected to have expanded at a slower pace in the third quarter, underlining the central bank’s challenge as it balances the urgency of…
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