Mexico annual inflation rate near 21-year high, rate hike seen
By Gabriel Araujo and Jackie Botts MEXICO CITY – Mexican inflation rose faster than expected in May, data from the INEGI national statistics agency showed …
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Texas power use seen breaking records in heatwave through next week
By Scott DiSavino (Reuters) – Power demand in Texas will likely set fresh all-time highs every day from June 10-13 as economic growth boosts usage …
Argentina interest rate seen up 200 bps as inflation boils over
By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters …
China’s May new yuan loans seen rebounding on central bank support -Reuters poll
BEIJING – China’s new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets …
Asia’s jet fuel refining profits hit all-time record, seen climbing further
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the …
Analysis-S.Korea’s robust response to N.Korea seen aiding Japan’s military push
By Soo-hyang Choi and Ju-min Park SEOUL – South Korea’s tougher stance towards the North under its new conservative president will be welcomed by Tokyo …
Toronto new condo demand cools but prices seen firm as developers delay launches
By Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are …
Latin America, Caribbean 2022 poverty seen higher as Ukraine war bites: U.N. study
(Reuters) – A United Nations commission has increased its projection for poverty in Latin America and Caribbean for 2022, citing economic disruptions caused by the …
Russia seen cutting key rate by 100 bps to 10% on Friday- Reuters poll
(Reuters) – The Russian central bank is expected to cut its key interest rate by 100 basis points to 10% on Friday as it tries …
Thai economy still seen growing 3% this year – Finance Minister
BANGKOK – Thailand’s economy is still expected to grow 3% this year, driven by exports, despite global uncertainty, the finance minister said on Monday. However, …
14-Year-Old Missing, Last Seen Near Penn Soccer Field
PHILADELPHIA, PA – The Philadelphia Police Department is requesting the public’s assistance in locating missing juvenile Devon Brown. Devon was last seen walking on S. …
Russia’s inflation slowdown cannot yet be seen as sustainable – cenbank
(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends …
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 …
New Jersey Teenager Last Seen on Ocean City Boardwalk Reported Missing
EGG HARBOR TOWNSHIP, NJ – The Egg Harbor Township Police Department is seeking the public’s assistance in locating a 17-year-old girl who has been missing …
China rushes bond sales to spur COVID-hit economy, more seen needed
By Kevin Yao BEIJING – Chinese provinces are racing to issue some $225 billion of bonds in June, frontloading investment to revive the COVID-battered economy …
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 …
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 …
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% …
13-Year-Old Boy Missing In Philadelphia Since Thursday Last Seen on Arch Street
PHILADELPHIA, PA – The Philadelphia Police Department needs the public’s assistance in locating 13-year-old Missing Juvenile Eric Mercer-Smallwood. He was last seen on Thursday May …
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 …
China seen lowering lending benchmark LPR to support economy:Reuters Poll
SHANGHAI – China is expected to cut benchmark lending rates at its monthly fixing on Friday, a second reduction this year, a Reuters survey showed, …
China lifts curbs on Canadian canola, demand seen muted
(Reuters) -China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn’t provide a …
Japan April consumer inflation seen exceeding central bank’s 2% goal: Reuters poll
By Leika Kihara TOKYO – Japan’s core consumer inflation in April is expected be slightly higher than the central bank’s 2% target, hitting a seven-year …
China state banks seen busy with FX swaps, pressing swap points to negative
SHANGHAI -China’s major state-owned banks were actively swapping yuan for dollars in the onshore forwards market on Tuesday, five banking sources said, pressuring swap points …
Chile interest rate seen rising to 9% in June- analyst poll
SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as …
Inflation, Ukraine war seen as chief financial risks -Fed report
(Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to the U.S. financial …
China’s April new yuan loans seen falling as demand weakens-Reuters Poll
BEIJING – China’s new yuan loans are expected to have dropped in April after a rebound in March as credit demand weakened, a Reuters poll …
SoftBank seen posting bruising Vision Fund loss on tech sell-off
By Sam Nussey TOKYO – Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts …
Malaysia end-April palm oil stockpile seen up after five months of falls
By Mei Mei Chu KUALA LUMPUR – Malaysia’s palm oil inventories at the end of April likely rose for the first time in six months …
China’s trade seen faltering in April as COVID curbs hit output: Reuters poll
BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended …
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade …
Massive Chinese Fleet Seen Barreling Towards US Naval Base
Massive Chinese Fleet Seen Barreling Towards US Naval Base Philip Lenczycki on May 3, 2022 The largest Chinese aircraft carrier group reportedly ever assembled is …
Czech central bank seen raising main rate to 5.50%, highest since 1999: Reuters poll
PRAGUE – The Czech National Bank is likely to raise its main rate by 50 basis points to 5.50% on May 5, a Reuters poll …
Asia prices down on soft demand, further downside seen limited
By Marwa Rashad LONDON – Asian spot liquefied natural gas (LNG) prices were down this week on softer Spring demand but further downside is limited …
ASML Q1 earnings beat forecasts slightly, bookings seen strong
By Toby Sterling AMSTERDAM -ASML Holding NV, a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros ($3.8 billion) …
Japan consumer inflation seen picking up, still distant from BOJ target: Reuters poll
TOKYO – Japan’s core consumer inflation likely accelerated in March from a year earlier but was still well short of the Bank of Japan’s price …
China’s GDP growth seen slowing to 5.0% in 2022 on COVID hit – Reuters poll
By Kevin Yao BEIJING – China’s economic growth is likely to slow to 5.0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, …
China seen holding medium-term rate steady Friday, RRR cut seen more likely- Reuters poll
SHANGHAI/BEIJING – China’s central bank is set to step up monetary easing efforts, but a vast majority of market participants in a Reuters poll conducted …
Uniqlo owner’s results seen as bellwether for China shutdown impact
TOKYO – Uniqlo operator Fast Retailing Co’s earnings on Thursday may give an indication of how major global retailers are weathering COVID-related shutdowns in China, …
Ukrainian refugee crisis seen pressuring Europe’s housing market
By Zuzanna Szymanska BERLIN – Ukrainian refugees fleeing war have been hospitably received around Europe, but the longer they stay the more their presence may …
Gasoline seen boosting U.S. consumer prices in March
WASHINGTON – U.S. consumer prices likely increased by the most in 16-1/2 years in March as Russia’s war against Ukraine boosted the cost of gasoline …
Traders reroute coffee bound to Russia, demand hit from war seen
By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that …
Analysis-Politics, not substance, seen guiding U.S. and Iran on terror listing
By Arshad Mohammed and Parisa Hafezi (Reuters) – One of the last obstacles to reviving the 2015 Iran nuclear deal – Tehran’s demand to remove …
Sharif, frontrunner as next Pakistani PM, seen as ‘can-do’ administrator
By Syed Raza Hassan and Gibran Naiyyar Peshimam ISLAMABAD – Shehbaz Sharif, the person most likely to be Pakistan’s next prime minister, is little known …
Sharif, frontrunner as next Pakistani PM, seen as ‘can-do’ administrator
By Syed Raza Hassan and Gibran Naiyyar Peshimam ISLAMABAD – Shehbaz Sharif, the person most likely to be Pakistan’s next prime minister, is little known …
Canadian dollar seen higher if BoC front-loads rate hikes- Reuters poll
By Fergal Smith TORONTO – REUTERS POLL-CANADIAN DOLLAR TO STRENGTHEN SLIGHTLY TO 1.25/USD IN THREE MONTHS, MATCHING MARCH’S FORECAST REUTERS POLL-CANADIAN DOLLAR SEEN UP 2% …
Minutes of Fed’s March meeting seen detailing a speedy balance sheet rundown
By Howard Schneider WASHINGTON – U.S. Federal Reserve officials on Wednesday will release more details on what’s evolving as a three-year plan to trim several …
U.S. buybacks seen at record highs ahead of earnings reports
By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors …
Mexican economy seen growing 3.4% in 2022, says finance ministry
(Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed …
India central bank focussed on growth, seen lagging on inflation fight
By Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as …