LONDON/NEW YORK, Nov 30 (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5% in November against a basket of other major currencies, is set for its worst …
Read More »Rupee battles persistent dollar demand in face of dovish Fed outlook
A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights MUMBAI, Nov 30 (Reuters) – The Indian rupee is expected to open little changed on Thursday as persistent dollar demand countered increasing confidence that the U.S. Federal Reserve will …
Read More »Dollar drifts near three-month low, focus on inflation data
A New Zealand dollar coin sits atop a United States one dollar bill in this photo illustration taken on March 11, 2016. REUTERS/David Gray/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Nov 30 (Reuters) – The dollar was rooted near a three-month low on Thursday and was set to post its steepest …
Read More »Mining boosts Australia business investment to 8-year high, outlook upbeat
Glencore’s Mount Owen coal mine is pictured in Ravensworth, Australia, June 21, 2022. Picture taken June 21, 2022. Picture taken with a drone. REUTERS/Loren Elliott Acquire Licensing Rights SYDNEY, Nov 30 (Reuters) – Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in …
Read More »China’s Xi visits financial hub Shanghai
Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights SHANGHAI, Nov 29 (Reuters) – China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city’s …
Read More »Most Canadian financial institutions skeptical on digital C$ -BoC
A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights OTTAWA, Nov 29 (Reuters) – Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential …
Read More »S.Africa’s cenbank says systemic risk to country’s financial stability remains elevated
The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central bank governor, Lesetja Kganyago, at the University of the Witwatersrand in Johannesburg, South Africa, November 1, 2022. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Nov 29 (Reuters) – South …
Read More »Bonds bask in talk of Fed interest rate cuts
[1/2]A trader works at his desk at the stock exchange in Frankfurt, Germany, January 21, 2016. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights Two-year Treasury yields hit 4-month low Euro zone sovereign bond yields fall Euro STOXX 600 adds 0.4%, German shares lead Dollar slides broadly; Gold hits 7-month high Global …
Read More »Dollar Tree trims annual sales forecast as customers spend less at its stores
The Dollar Tree sign is seen outside the store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Dollar Tree (DLTR.O) trimmed its full-year sales forecast on Wednesday after missing third-quarter estimates, indicating that persistent inflation was weighing on demand for non-essential products …
Read More »India approves new finance panel to suggest sharing of federal taxes
India’s Information Minister Anurag Thakur addresses a news conference after welcoming delegates to G20 finance officials meeting near Bengaluru, India, February 22, 2023. REUTERS/Samuel Rajkumar Acquire Licensing Rights NEW DELHI, Nov 28 (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will …
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