Tag: Economy

© Reuters. FILE PHOTO: Brazil’s former President and presidential candidate Luiz Inacio Lula da Silva reacts at an election night gathering on the day of the Brazilian presidential election run-off, in Sao Paulo, Brazil, October 30, 2022. REUTERS/Amanda Perobelli By Marcela Ayres BRASILIA (Reuters) – Brazilian President-elect Luiz Inácio Lula da Silva’s transition team has…

© Reuters. FILE PHOTO: A worker pushing a trolley walks with pedestrians past the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 7, 2017. REUTERS/David Gray SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down…

© Reuters. FILE PHOTO: The OCBC Bank logo is seen outside its headquarters after the bank reported its first-half results, in Singapore, August 3, 2022. REUTERS/Anshuman Daga   DBSDY -1.18% 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…

2/2 © Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes/File Photo/File Photo 2/2   JPM -0.92% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings…

While the S&P 500 index surged 8% in October, sentiment toward stocks dipped, as measured by Bank of America’s Sell Side Indicator (SSI). The Indicator tracks Wall Street strategists’ recommended equity allocation. The SSI slid to 52.8% in October, the lowest level since early 2017, from 53.58% in September. But the dip is actually good…

© Reuters. FILE PHOTO: Pedestrians walk near the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray By Lucy Craymer and Harshita Swaminathan (Reuters) -The Reserve Bank of New Zealand said on Monday its annual stress test on the banking sector showed banks were…

© Reuters. FILE PHOTO: Tunisia’s Central Bank governor Marouane El Abassi attends a news conference in Tunis, Tunisia, February 20, 2019. REUTERS/Zoubeir Souissi TUNIS (Reuters) – Tunisia will soon enact difficult economic reforms that have been delayed for years, the central bank governor said on Saturday, adding that financial authorities were trying to keep the…

© Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez/File Photo By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank is likely to raise borrowing costs to 11% on Friday at its penultimate meeting of the year, in tandem with policymakers around the world who are trying…

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco By Neil Jerome Morales MANILA (Reuters) – The Philippine central bank must be a “little aggressive” in tightening policy to bring inflation down to within…

© Reuters. FILE PHOTO: People shop at the South Melbourne Market on the second day of eased coronavirus disease (COVID-19) lockdown regulations set to curb the outbreak, in Melbourne, Australia, October 23, 2021. REUTERS/Sandra Sanders SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption,…