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Argentina inflation seen hitting 149% this year, up from previous poll

Argentina inflation seen hitting 149% this year, up from previous poll

© Reuters. FILE PHOTO: A costumer counts money before buying tangerines in a green grocery store, as Argentines struggle amid rising inflation, in Buenos Aires, Argentina May 11, 2023. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous…

Japan upgrades Q1 GDP on solid capex

Japan upgrades Q1 GDP on solid capex

© Reuters. FILE PHOTO: People wearing protective face masks walk on a pedestrian crossing, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 19, 2022. REUTERS/Issei Kato By Kantaro Komiya TOKYO (Reuters) – Japan’s economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending…

Australia’s central bank says hike this week due to inflation risks, warns more may come

Australia’s central bank says hike this week due to inflation risks, warns more may come

© Reuters. FILE PHOTO: Governor of the Reserve Bank of Australia (RBA) Philip Lowe attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Made Nagi/Pool via REUTERS   MS +2.53% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your…

Expectations for Brazil’s long-term inflation to start easing -cenbank chief

Expectations for Brazil’s long-term inflation to start easing -cenbank chief

© Reuters. FILE PHOTO: Brazil’s Central Bank President Roberto Campos Neto attends a session of the Brazilian Senate in Brasilia, Brazil February 15, 2023. REUTERS/Adriano Machado BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Monday that long-term inflation expectations, which have long concerned policymakers, would start to decline and pointed to a clearer economic environment. “We still have a problem with…

US credit default swaps flash default warning and speculators rush in

US credit default swaps flash default warning and speculators rush in

© Reuters. FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo   SPGI +0.85% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…

India’s RBI chief says inflation moderated, flags El Nino worries

India’s RBI chief says inflation moderated, flags El Nino worries

© Reuters. FILE PHOTO: Shaktikanta Das, governor of the Reserve Bank of India, participates in a news conference at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz NEW DELHI (Reuters) -India’s inflation has moderated, but lingering weather-related uncertainties still pose headwinds,…