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…
Speculators cut net long bets on U.S. dollar -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK -Speculators’ net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released…
RBA to raise rates a modest 25 bps in June, some call for 40 bps – Reuters poll
By Devayani Sathyan BENGALURU – Australia’s central bank will raise rates by a modest 25 basis points for a second straight meeting in June, still opting to move more slowly than most…
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada’s economic outlook and the Bank of Canada likely continues to raise…
Asia FX bears retreat slightly, China concerns persist – Reuters poll
By Harish Sridharan (Reuters) – Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but analysts were still wary of future lockdowns…
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU – Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S. Federal Reserve interest rate hikes and inflation concerns…
Canada housing boom to halt next year on higher mortgage rates – Reuters poll
By Shrutee Sarkar BENGALURU – Canadian house price inflation will slow to 10% this year as the Bank of Canada raises interest rates aggressively, a Reuters poll of property market experts found.…
Russian economic forecasts improve despite lingering conflict in Ukraine – Reuters poll
(Reuters) – Russia’s economy will contract less than expected this year and inflation will be lower than previously thought, a Reuters poll showed on Tuesday, after what Moscow calls a “special military”…
U.S. house price inflation to cool as buyers sidelined by higher rates: Reuters poll
By Indradip Ghosh and Prerana Bhat BENGALURU – Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow further over the next two as already…
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%…
Foreign demand to keep Dubai property prices on steady upward course- Reuters poll
By Md Manzer Hussain BENGALURU – Dubai house prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors, according to a Reuters poll of…
Japan Apr factory output seen posting first fall in 3 months on China lockdown – Reuters poll
TOKYO – Japan’s factory output likely fell in April for the first time in three months as some manufacturers took a hit from strict COVID-19 lockdowns in Shanghai and other industrial centres…
New Zealand house prices to sink 9.0% this year, another 2% in 2023: Reuters poll
By Vivek Mishra BENGALURU – New Zealand’s house prices are forecast to sink 9.0% this year as aggressive interest rate hikes take some heat out of the blazing housing market amid a…
Bank of Canada 50-basis-point June 1 hike a done deal, economists say: Reuters poll
By Shrutee Sarkar BENGALURU – The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who see interest…
German house price inflation to slow as borrowing and living costs bite – Reuters poll
By Zuzanna Szymanska and Jonathan Cable BERLIN/LONDON – German home prices will rise faster this year than thought only three months ago, as a supply shortage outweighs a deepening cost of living…
Australia’s housing boom to deflate as mortgage rates rise: Reuters poll
By Vivek Mishra BENGALURU – Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is expected in 2023 as a cost-of-living crisis worsens…
U.S. senators seek DEA answers on Mexico operations following Reuters reports
(Reuters) – Two senior U.S. senators have written to the head of the U.S. Drug Enforcement Administration (DEA) requesting information on the agency’s foreign operations, especially in Mexico, following news reports about…
Bullish view on Canada’s TSX tempered as analysts fret about growth – Reuters poll
By Fergal Smith TORONTO – Canada’s main stock index is expected to advance less than previously thought this year as economic growth slows and central banks raise interest rates, a Reuters poll…
After rocky period, U.S. stocks will end year up from current levels: Reuters poll
By Caroline Valetkevitch NEW YORK – Wall Street strategists expect U.S. stocks to end 2022 above current beaten-down levels but some warned of turbulence on concerns inflation and aggressive interest rate rises…
Japan’s Nikkei seen rising 7% to 29,000 by year-end, erasing 2022 losses: Reuters poll
By Kevin Buckland TOKYO – Japan’s Nikkei share index, which has had a rollercoaster ride in the past year, is forecast to climb over 7% to 29,000 by end-2022, a level last…
Bank of Korea to raise rates again on May 26, to hit 2.25% by year end – Reuters poll
By Shaloo Shrivastava BENGALURU – South Korea’s central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat inflation running at more than double its…
U.S. dollar net long bets slip, bitcoin futures surge-CFTC, Reuters data
NEW YORK – Speculators’ net long positioning on the U.S. dollar slipped, after hitting their highest level since late November in the previous week, according to calculations by Reuters and U.S. Commodity…
Mexican inflation seen slowing in first half of May- Reuters Poll
MEXICO CITY – Mexican inflation is forecast to have slowed in the first half of May, although still far above central bank targets, a Reuters poll showed Friday, reinforcing expectations of continued…
Bank Indonesia to pull rates lever in Q3, June move possible: Reuters Poll
By Devayani Sathyan BENGALURU – Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive moves by the U.S. Federal Reserve, according…
New Zealand central bank to hike cash rate by another half point on May 25: Reuters poll
By Vivek Mishra BENGALURU – New Zealand’s central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets on May 25, making a…
Exclusive-Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows
By Tetsushi Kajimoto TOKYO – More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from the weak…
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