Tag: Economy

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo GLOBAL BUSINESS WEEK AHEAD By Wayne Cole SYDNEY (Reuters) – Australia’s central bank is nearer to raising interest rates for the first time in more than a decade as inflation…

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen makes a speech about the current and future state of the U.S. and global economy at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis TOKYO (Reuters) – U.S. Treasury Secretary Janet Yellen will hold a bilateral meeting with her Japanese counterpart Shunichi Suzuki…

© Reuters. FILE PHOTO: Demonstrators apply a sticker on a passing car during a protest against Sri Lankan President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 16, 2022. REUTERS/Navesh Chitr By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s worst economic crisis has triggered…

Among the many issues confronting investors these days, inflation remains a dominant concern.  The Action Alerts Plus team looked closely at the results from March’s economic indicators. First, inflation continues to rise in most major economies worldwide. In the EU, it has topped 7 percent; the same for the UK. Australia reports 3.5 percent, which…

© Reuters. FILE PHOTO: Russian 100-rouble banknotes are placed on a cashier’s desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavko/File Photo (Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to…

© Reuters. FILE PHOTO: U.S. President Joe Biden gets an overview of the electric trucks being manufactured by Mack Trucks as he visits the Mack-Lehigh Valley Operations Manufacturing Facility in Macungie, Pensylvania, U.S., July 28, 2021. REUTERS/Evelyn Hockstein/Fi WASHINGTON (Reuters) – The U.S. Export-Import Bank’s board on Thursday voted to approve a new tool aimed…

© Reuters. FILE PHOTO: World Bank President David Malpass attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman By Andrea Shalal and David Lawder (Reuters) – Countries around the world are working to diversify their supply chains and reduce their dependence on China, which is “probably good for…

© Reuters. FILE PHOTO: The facade of Argentina’s Central Bank is pictured, in downtown Buenos Aires, Argentina September 16, 2020. REUTERS/Agustin Marcarian By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank directors will meet on Wednesday to discuss a possible interest rate hike, a source with the bank told Reuters on Tuesday, as the…

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt…

Updated at 9:05 am EST U.S. equity futures edged lower Monday, while Treasury bond yields and the dollar continued to test multi-year highs, as investors shift focus from the ongoing war in Ukraine to a busy slate of earnings and data releases in a holiday-shortened trading week. Inflation remains the key driver in terms of…