Data due at 1200 GMT, October 14 BENGALURU, Oct 10 Reuters India39;s retail inflation in September likely overshot the Reserve Bank of India39;s RBI 4 mediumterm target for the first time since July due to a persistent rise in vegetable prices and a lower yearago base, a Reuters poll found. Food items, especially vegetables and […]

Sept wholesale prices up 2.8 yryr vs f39;cast 2.3 Spike in rice prices drive up wholesale inflation Yenbased import prices fall 2.6, eases pain on retailers Focus of BOJ policy shifts to service inflation TOKYO, Oct 10 Reuters Japan39;s wholesale inflation accelerated in September but prices of imported goods slid due to the yen39;s rebound, […]

NEW YORK, Oct 10 Reuters The U.S. dollar slipped against the yen on Thursday as investors weighed data showing labor market weakness as well as a slight uptick in consumer prices, suggesting that the Federal Reserve will likely continue cutting interest rates. Labor Department data on Thursday showed that the consumer price index increased 0.2 in September. […]

Canadian dollar weakens 0.3 against the greenback Touches its weakest since Aug. 7 at 1.3775 Price of US oil jumps 3.8 2year yield eases 7.3 basis points TORONTO, Oct 10 Reuters The Canadian dollar fell for a seventhstraight day against its U.S. counterpart on Thursday as investors weighed prospects of the Federal Reserve pausing its […]

TOKYO, Oct 10 Reuters Nearly 86 of Japanese households expect prices to rise a year from now, a quarterly survey showed on Thursday, a sign of heightening inflation expectations that could help the central bank make the case for additional interest rate hikes. The ratio of households that expect prices to rise a year from […]

SAO PAULO, Oct 9 Reuters Inflation figures released on Wednesday painted opposite scenarios for Latin America39;s two largest economies, indicating that Brazil will keep tightening its monetary policy to combat rising prices while Mexico brings its interest rate down. The annual headline inflation figures in the two countries did not differ that much from each […]

SHANGHAI, Oct 9 Reuters European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing39;s next targets for retaliation, following the EU39;s decision to slap tariffs on China EVs, but analysts say such a move is unlikely. Its a question of how Beijing will respond to the EV tariffs. Is there going to […]

ECB policymakers advocate for rate cut amid economic slowdown Investors expect ECB to lower deposit rate to 3.25, cut further Divergent views within ECB on rate cuts due to volatile energy costs FRANKFURT, Oct 9 Reuters Several European Central Bank policymakers argued their case on Wednesday for another interest rate cut next week, even if […]

Nine out of 10 analysts expect MAS to hold policy Inflation cooled to 2.7 in August from 5.5 peak Singapore39;s GDP growth forecast adjusted to 2.03.0 for 2024 SINGAPORE, Oct 9 Reuters Singapore39;s central bank is widely expected to keep monetary policy unchanged next week and hold off easing settings amid inflation and growth uncertainties […]

MUMBAI, Oct 9 Reuters The Indian rupee rose slightly on Wednesday, comforted by a decline in oil prices and gains in most of its regional peers, while traders awaited the Reserve Bank of India39;s monetary policy decision. The rupee was at 83.9275 as of 0930 a.m. IST, compared to its previous close at 83.9625. The […]