LONDON, April 28 Reuters British retailers are likely to have to put prices up due to Brexit costs and a global rise in shipping rates and commodity prices, a trade body warned on Wednesday. The British Retail Consortium, which represents major highstreet stores, said prices in April were 1.3 lower than a year earlier, compared […]

SYDNEY, April 28 Reuters Australian consumer prices rose by much less than expected in the first quarter partly due to government subsidies for home building, while a very tame reading for core inflation suggested monetary policy would stay super loose for a long time to come. The consumer price index rose 0.6 in the March […]

SHANGHAI, April 28 Reuters Global securities index publisher MSCI Inc on Wednesday said it has launched 20 thematic indexes to help domestic and international investors bet on megatrends in China that are aligned with the Chinese governments strategic policy goals. MSCI said it designed its first suite of countryspecific thematic indexes to better enable investors […]

Brightening prospects for the economy are helping drive the pound to levels last seen on a sustained basis before the Brexit vote.

Singapores three largest banks are expected to report improved earnings as the global economy recovers from the Covid19 pandemic, said analysts. The banks are scheduled to release firstquarter earnings in the coming days. The largest of the trio, DBS Group Holdings, will be the first to do so on Friday, while smaller peers United Overseas […]

The 10year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the past several weeks, Wells Fargo Securities Michael Schumacher predicts the current risk backdrop will reenergize yields in the coming weeks. He lists the Federal Reserves high level of comfortableness surrounding rising inflation, the massive amount […]

Futures contracts tied to the major U.S. stock indexes were mostly flat early Monday as investors braced for one of the busiest weeks of the firstquarter earnings season. Contracts linked to the Dow and the SP 500 hovered around the flatline. Nasdaq 100 futures traded marginally lower. Tesla shares were slightly lower in premarket trading […]

STOCKHOLM, April 27 Reuters Shares of Swedish real estate web portal Hemnet, backed by U.S. private equity firm General Atlantic, rose 50 on its debut on Nasdaq Stockholm on Tuesday. The shares, trading at 165 Swedish crowns at 0852, were priced at 115 crowns. They touched a high of 172.48 crowns. The offering comprised of […]

SYDNEY, April 27 Reuters The Australian and New Zealand dollars fell against the greenback on Tuesday, as caution reined in markets ahead of the Federal Reserves monetary policy meeting on Wednesday. The Australian dollar was last down 0.21 at 0.7784, partially offsetting gains of half a cent in the previous days session, which were underpinned […]

Rates as of 0500 GMT Note The CAD index is not updating. Market Recap The Bank of Japan BoJ meeting went quite as expected. Policy remains on hold, as its likely to be for the remainder of the Anthropocene Epoch. They upgraded their view of the growth outlook, as nearly every other central bank has […]