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…
BOK to hold base rate at 3.50% on Thursday, rate cut call pushed to 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as inflation continued…
Brazil likely registered deflation in June, adding to rate cut case: Reuters Poll
By Gabriel Burin (Reuters) – Brazil likely registered mild deflation in June in monthly terms from lower fuel costs and cheaper foodstuffs, adding to the case for a potential start of a…
India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a cut in…
Brazil real to take near-term support from improving economic outlook: Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of less favorable…
Bank of Israel seen pausing next week, unclear if rate hike cycle over: Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged next week after an aggressive tightening round aimed at battling persistent inflation, but analysts are…
Indian rupee rangebound in near term, to rise a bit in a year: Reuters poll
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The rupee will hold on to its recent gains against the dollar in coming months and strengthen marginally in a year, on strong…
CEE FX set to weaken as rate cuts come into view: Reuters poll
By Jason Hovet and Alan Charlish WARSAW/PRAGUE (Reuters) – Central European currencies are expected to weaken over the next 12 months with the Polish zloty taking the biggest hit, a Reuters poll…
EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high interest rates that have…
RBA to raise cash rate to 4.35% in August, economists split on peak: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will likely deliver a 25 basis point interest rate increase on Aug. 1 following a pause on Tuesday according to economists in a…
Dollar to stay firm on expectations of resilient US economy: Reuters poll
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) – The U.S. dollar will hold its ground against most major currencies for the rest of the year despite expectations of narrowing interest rate…
Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll
By Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday and keep it there for the rest of the year, marking the…
Reuters appeals Turkish court order to remove news article
(Reuters) – Reuters said on Monday it has appealed a Turkish court order to remove a news article on the agency’s website that said U.S. and Swedish prosecutors are studying a graft…
Bearish bets on Asian currencies firm as weak China growth weighs: Reuters poll
By Upasana Singh (Reuters) – Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world’s second-largest economy, weighed on sentiment, a Reuters poll showed on…
China’s factory activity seen contracting for third month in June: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s factory activity likely contracted for a third straight month in June, albeit at a marginally slower pace, a Reuters poll showed on Thursday, underscoring the…
S.Korea export downtrend likely slowed in June, offers hope for global trade: Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s downtrend in exports likely slowed in June, with the trade balance set to swing to a surplus for the first time in 16 months,…
OPEC withholds media access to Reuters, Bloomberg, WSJ for July event
(Reuters) – OPEC has withheld media access to reporters from Reuters, Bloomberg and the Wall Street Journal to cover a meeting of oil industry CEOs with energy ministers from OPEC and its…
Swedish central bank seen hiking by quarter percentage point to 3.75% this week: Reuters poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a quarter percentage point this week in a bid to bring down inflation further, but that is likely to be…
India’s current account likely turned to surplus in Jan-March: Reuters poll
By Vivek Mishra and Anant Chandak BENGALURU (Reuters) – India’s current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a narrower trade…
Turkey’s monthly inflation at 4.84% in June, slight decline in annual reading: Reuters poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s monthly inflation was seen at 4.84% in June, partly due to the lira’s sharp decline after elections last month, a Reuters poll showed on Monday,…
BOJ tankan Q2 factory mood likely perked up for first time since 2021: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory sentiment likely improved in the second quarter for the first time since mid-2021, thanks to an eased chip supply crunch for automakers, a Reuters…
Bond market divergence from Fed entrenched in U.S. yield forecasts: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. bond markets are already pricing beyond expected Federal Reserve interest rate hikes in coming months, with strategists polled by Reuters forecasting short-dated yields to fall…
Japan big manufacturers’ sentiment positive for 3rd consecutive month -Reuters tankan poll
By Tetsushi Kajimoto TOKYO (Reuters) – Business morale at big Japanese manufacturers edged up in June, staying in positive territory for a second straight month and reflecting a post-COVID economic recovery though…
Bank of Mexico seen holding key rate at 11.25% for the second time: Reuters poll
MEXICO CITY (Reuters) – Mexico’s central bank will likely keep its benchmark interest rate unchanged in its next monetary policy decision, a Reuters poll showed on Tuesday, amid a slowdown in inflation.…
Philippine central bank on hold for rest of year, cut in early 2024: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.25% for a second straight meeting on Thursday and the remainder of…
Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its key interest rate unchanged on Wednesday for the last time in a…
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