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…
RBI intervention to keep Indian rupee in a tight range, analysts say – Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade in a narrow range over the coming three months and then strengthen slightly in a year as the…
Dollar to remain steadfast in coming months, say FX strategists: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. dollar will hold its ground against most major currencies over the coming three months as a resilient domestic economy bolsters expectations interest rates will…
RBI to hold rates at 6.50% through Q1 2024, cut in April-June: Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Reserve Bank of India (RBI) will hold its key interest rate at 6.50% through end-March 2024, according to a Reuters poll of…
Russia to raise rates past 9% this year under persistent inflation pressure: Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Gradually quickening inflation will force the Bank of Russia to hike interest rates again this year, a Reuters poll showed on Monday, and the…
Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters…
Brazil set to kick off monetary easing with small rate cut on Aug 2: Reuters poll
By Luana Maria Benedito and Marcela Ayres SAO PAULO (Reuters) – Brazil’s central bank is poised for its first interest rate cut in three years on Wednesday, with most economists anticipating a…
China factory activity likely to contract for fourth month in July: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s factory activity likely contracted for a fourth straight month in July, a Reuters poll showed on Friday, reinforcing the need for further policy support to…
RBA to hike rates once more by 25 bps in August – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia will hike interest rates once more by a quarter percentage point on Tuesday and pause for the rest of the year…
Analysts trim gold outlook in absence of fresh spur: Reuters poll
By Ashitha Shivaprasad (Reuters) – Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would need a catalyst for another run to all-time highs, such as an…
Analysts mark down copper forecasts as output ramps up: Reuters poll
By Eric Onstad and Ananya Bajpai LONDON/BENGALURU (Reuters) – Analysts have pared price forecasts for copper and other industrial metals as supply expands while demand in top metals consumer China remains muted,…
South Korea export downturn seen worsening on weak China demand: Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on Thursday, signalling a bumpy road towards recovery.…
Thai central bank to hike rates by 25 bps on Aug. 2, ending tightening cycle – Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Thailand (BOT) will deliver a final 25-basis-point interest rate increase on August 2 and then hold rates steady until 2025 as the inflation…
Taiwan’s economy seen returning to growth in Q2: Reuters poll
TAIPEI (Reuters) – Taiwan’s export-dependent economy likely returned to growth in the second quarter thanks to resilient domestic consumption although exports remained weak, a Reuters poll showed on Wednesday. Gross domestic product…
Rate cut hopes outpace speed of global inflation decline: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Most central banks will cut interest rates in the first half of next year, even though the majority don’t expect their inflation targets to be met…
Mexico’s economy to slow in step with US growth moderation: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth in the United States, but the decline could be limited by increased…
Mexico headline inflation seen slowing in early July to 2021 levels – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of July to its lowest level in more than two years, but still remained above the central bank’s target,…
BOJ won’t tweak YCC in July, say 77% of economists: Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will hold steady its policy including its yield control scheme at next week’s meeting, more than three-quarters of economists polled by Reuters…
South Korea annual economic growth likely slowed slightly in Q2 – Reuters poll
By Anant Chandak BENGALURU (Reuters) – South Korea’s economic growth likely slowed a bit last quarter as languishing exports and high interest rates hurt private consumption that accounts for about half of…
Bank Indonesia rates on hold for rest of year, cut in Q1 2024 – Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% next week and leave it there for the rest of the year…
Japan Inc seen struggling to boost female executive ranks – Reuters poll
By Sam Nussey and Anton Bridge TOKYO (Reuters) – An overwhelming majority of Japanese firms think it would be difficult or impossible to fill at least 30% of executive positions with women…
Japan companies less confident about business conditions – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Confidence at big Japanese manufacturers fell in July for the first time in six months, the Reuters Tankan survey showed on Wednesday, in a sign of…
Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by 500 basis points to 20% this week, a Reuters poll showed on Monday, making good…
Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank is expected to hike rates to 8% on Friday, increasing the cost of borrowing for the first time in over…
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll…
U.S. Treasury yields to fall amid inflation optimism: Reuters Poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will broadly fall over the coming year on expectations the Federal Reserve will soon end its hiking cycle, according to fixed-income strategists polled…
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