US consumer confidence steady in March; inflation expectations creep up
WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation’s political environment ahead of November’s presidential…
Saudi inflation steady at 2.7% in April, driven by housing
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate was 2.7% in April, unchanged from the previous month, driven mostly by housing rental costs, government data released on Monday showed. Housing, water, electricity,…
UK sales growth holds steady in April, retailers hope for better summer
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, and unsettled weather discouraged many from buying…
Bank of Mexico likely to consider holding key interest rate steady
MEXICO CITY (Reuters) – The Bank of Mexico’s governing board may consider keeping its benchmark interest rate steady at its next monetary policy meeting, in what would be its first rate hold…
Hungary central bank to leave base rate steady at 13% next week – Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – The National Bank of Hungary is expected to leave its base rate steady at 13% at next Tuesday’s policy meeting, where the bank has flagged a…
China may hold lending benchmarks steady as recovery remains on track -analysts
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to stand pat on lending benchmarks at the monthly fixing on Thursday, a Reuters survey showed, as economic recovery has been well on track –…
Marketmind: RBA steady, RBNZ hawk shock, next up RBI
By Jamie McGeever (Reuters) – There will be no Asia Morning Bid on Friday, April 7. It will resume on Monday, April 10. A look at the day ahead in Asian markets…
Bank of Canada to hold rates steady at 4.50% through this year: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will keep its key interest rate on hold at 4.50% for the rest of this year, according to economists polled by Reuters,…
Marketmind: Fed’s ‘slow and steady’ lifts market mood
A look at the day ahead in European and global markets from Ankur Banerjee All it took was a bit of a hint that the Federal Reserve may stick to its moderate…
Bank of Canada to hold rates steady in 2023, budget watchdog says
By Ismail Shakil OTTAWA (Reuters) – The Bank of Canada will hold its key policy rate at the current level of 4.5% until the end of this year and will start cutting…
Telefonica hits earnings targets, forecasts steady growth
MADRID (Reuters) – Spain’s Telefonica forecast steady revenue and earnings growth for 2023, sending the telecom firm’s shares higher on Thursday after it posted on-target numbers for last year. Telefonica said it…
Botswana central bank holds monetary policy rate steady
GABORONE (Reuters) -Botswana’s central bank kept its monetary policy rate unchanged at 2.65% on Thursday, saying it expected inflation to fall this year and next. Botswana’s consumer inflation dropped to 9.3% year…
Australia’s IAG cash earnings jump 27% on growth across key businesses, dividend steady
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact of higher…
ECB rates have to rise significantly at steady pace, Lagarde says
FRANKFURT (Reuters) – The European Central Bank will keep raising interest rates quickly to slow inflation which remains far too high, ECB President Christine Lagarde said on Monday, largely repeating the bank’s…
India’s inflation likely remained steady at 5.90% in December: Reuters poll
By Madhumita VikramGokhale BENGALURU (Reuters) – India’s retail inflation held steady in December, staying within the Reserve Bank of India’s comfort zone for a second month as a moderation in food price…
South Korea Dec inflation steady at 5.0%, as expected
SEOUL (Reuters) – South Korea’s consumer prices in December rose 5.0% from a year earlier, official data showed on Friday, matching market expectations and the pace seen in November. The consumer price…
Hungary central bank to keep EU’s highest rate steady as inflation shows no respite
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is likely to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, amid a continued rise in…
TSX futures steady as oil prices recover, Fed worries cap gains
(Reuters) – Futures for Canada’s resources-heavy main stock index rose on Thursday as oil prices recouped early losses, while a sharp drop in gold kept gains in check after hawkish Federal Reserve…
Czech policymaker Dedek says steady rates needed as inflation peaks
By Robert Muller PRAGUE (Reuters) – The Czech National Bank can hold off on interest rate rises as inflation is peaking, although any loosening of monetary policy is still way off, one…
Russia’s Gazprom Neft eyes steady oil refining volumes in 2023
By Olesya Astakhova OMSK, Russia (Reuters) – Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to keep its oil refining steady next year, at around 41 million tonnes, a…
Brazil’s central bank to keep rates steady, stress fiscal concerns: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark interest rate at a cycle-high of 13.75% next week, stressing heightened worries over new government plans…
Swiss inflation steady at 3.0% in November as expected
ZURICH (Reuters) – Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank’s 0-2% target range for the 10th month in a row, data showed…
Canada annual inflation rate holds steady at 6.9% in October
TORONTO (Reuters) – Canada’s annual inflation rate held steady at 6.9% in October, matching analyst forecasts, as higher gasoline prices and mortgage interest costs offset a slight easing of food prices, Statistics…
Argentina set to hold benchmark rate steady again, source and analysts say
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady for a second consecutive month, a source close to the bank and…
Euro slips below parity, yen steady ahead of BOJ
By Rae Wee SINGAPORE (Reuters) – The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the European Central Bank, while the yen was…
Eastward gas flows via Yamal-Europe pipeline rise; flows via Ukraine steady
LONDON (Reuters) – Eastbound gas flows via the Yamal-Europe pipeline from Germany to Poland rose on Wednesday while Russian supplies to Europe via Ukraine remained stable. Exit flows at the Mallnow metering…
Breaking News
