SYDNEY, Nov 18 Reuters Australia39;s central bank has found no evidence that monetary policy is more potent in the country than elsewhere given households have ways to manage interest rate risks, even though they have more debt exposed to variable rates. In a speech in Canberra on Monday, Reserve Bank of Australia Assistant Governor Christopher […]

Nov 18 Reuters Saudi Arabia39;s crude oil exports in September rose to their highest level in three months, data from the Joint Organizations Data Initiative JODI showed on Monday. The country39;s exports in September rose by 0.080 million barrels per day bpd to 5.751 million bpd from 5.671 million bpd in August. Saudi Arabia is […]

Strong data may slow policy path Investors trim odds for a December cut Fed39;s Goolsbee sees 125 bps of rate cuts through 2025 Several Fed policymakers lean into slower ratecut pace WASHINGTON, Reuters Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest […]

UK economy shrinks by 0.1 in September, ONS says Growth for Q3 cools to 0.1, weaker than BoE expected Finance minister Reeves 39;not satisfied39; by data UK GDP only 3 higher than before COVID GDP per head has not grown in annual terms since 2022 Nov 15 Reuters Britain39;s economy contracted unexpectedly in September and […]

FRANKFURT, Nov 15 Reuters The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in the face of potential new trade tariffs in the United States, ECB board member Piero Cipollone said on Friday. The ECB has cut interest rates three times since June after […]

Oct trade surplus of 2.5 bln is below forecast of 3.1 bln Exports 10.3 yy, vs 3.8 in poll Imports 17.5 yy, vs 7.1 in poll JAKARTA, Nov 15 Reuters Indonesia reported strongerthanexpected export and import growth in October, amid strong agriculture shipments, official data showed on Friday. However, its trade surplus shrank to a […]

UK inflation set to be pushed up by budget A broad trade war could add to price pressures Investors scale back bets on BoE rate cuts New UK government trying to boost growth LONDON, Nov 15 Reuters Just when Britain seemed to be moving beyond its inflation problem, the new government39;s spending splurge and the risk of […]

BEIJING, Nov 15 Reuters China39;s property investment fell at a faster pace from January to October but sales narrowed the slump, showing policy stimulus is starting to inject some life into the crisishit sector, although a robust recovery might take some time. Property investment in China fell 10.3 in the first 10 months of 2024 […]

Q3 GDP rises annualised 0.9 vs 0.7 forecast Consumption picks up to 0.9, capital expenditure down Consumption a surprise but could be one off, says analyst TOKYO, Nov 15 Reuters Japan39;s economy expanded by an annualised 0.9 over the JulySeptember quarter, government data showed on Friday, slowing from the previous three months due to tepid […]

SINGAPORE, Nov 15 Reuters China39;s October aluminium output rose from a year earlier, official data showed on Friday, with a firm demand outlook and higher prices offsetting rising raw material costs. The world39;s biggest aluminium producer churned out 3.72 million metric tons of primary aluminium last month, up 1.6 yearonyear, data from the National Bureau […]