Rates as of 0500 GMT Market Recap It all came down to Fridays spectacular US nonfarm payrolls, which far exceeded expectations see table above commentary below. With the labor market clearly stronger than what the Fed and the market had anticipated, US rate expectations rose. The market is now assuming that the fed funds rate […]

LONDON, Aug 5 Reuters House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest rates go up and the costofliving squeeze tightens, mortgage lender Halifax said on Friday. Prices, which recently hit record highs,edged down by 0.1 […]

SYDNEY, Aug 5 Reuters Australia39;s central bank on Friday warned inflation was heading to threedecade highs requiring further hikes in interest rates that would slow growth sharply, making it tough to keep the economy on an even keel. In its quarterly Statement on Monetary Policy, the Reserve Bank of Australia RBA jacked up its forecasts […]

Nonfarm payrolls forecast to increase by 250,000 in July Unemployment rate seen unchanged at 3.6 Average hourly earnings expected to rise 0.3 WASHINGTON, Aug 5 Reuters U.S. job growth likely slowed in July, but the pace was probably strong enough to keep the unemployment rate at 3.6 for a fifth straight month, offering the strongest […]

LONDON, Aug 5 Reuters The Bank of England is trying to maintain flexibility on its options for changing interest rates and investors should not assume it is set to do more big rate hikes, BoE Chief Economist Huw Pill said on Friday. We39;re trying to ensure there39;s an element of flexibility …. Given the uncertainties […]

Q2 GDP 5.44 yy, higher than 5.17 in poll Exports up almost 20; impressive, says stats bureau Headwinds seen in second half analyst Govt asks BI not to hurry with interest rate hikes JAKARTA, Aug 5 Reuters Indonesia39;s economic growth accelerated in the AprilJune quarter amid an export boom driven by rising commodity prices, official […]

Aug 4 Reuters Britain39;s new car registrations fell about 9 in July from a year earlier, as persistent supply shortage of components due to China39;s COVID19 restrictions and the crisis in Ukraine hit deliveries, according to industry data released on Thursday. The Society of Motor Manufacturers and Traders SMMT said July registrations fell to 112,162 […]

PARIS, Aug 3 Reuters Growth in France39;s services sector weakened by less than initially expected in July, yet inflationary pressures were likely to weigh in the nearterm on the euro zone39;s secondbiggest economy, a monthly survey showed on Wednesday. Data compiler SP Global Market Intelligence said its final purchasing managers index for services fell in […]

DUBLIN, Aug 4 Reuters Growth in Ireland39;s services sector accelerated for the first time in four months in July, a survey showed on Thursday, bucking the deteriorating trend seen across the euro zone as a whole and in neighbouring Britain. The AIB SP Global Purchasing Managers39; Index PMI rose to 56.3 from 55.6 in June, […]

Quarterly review could mean price rises more frequent Russian war has hit household costs in Britain like elsewhere Regulator to publish new price cap level later this month LONDON, Aug 4 Reuters British energy market regulator Ofgem will review a price cap on domestic energy prices quarterly rather than twice a year, which will increase […]