PREVIOUS TRADING DAY EVENTS 28 June 2023 Australias monthly CPI indicator rose to 5.6 annually in May, down from 6.8 in April. A measure of core inflation was also reported lower, signalling that the Reserve Bank of Australia RBA might not have to raise interest rates again in July. The market reacted with high AUD […]

LONDON, June 29 Reuters Sterling was struggling on Thursday to recover from a sharp tumble the day before, its biggest daily drop in seven weeks, as markets turned nervous about the impact of rate hikes on the British economy. The pound was broadly steady against the dollar at 1.2638 by 0928 GMT, and also flat […]

LONDON, June 29 Reuters The U.S. dollar touched a more than sevenmonth high against the Japanese yen on Thursday after their respective central banks reaffirmed divergent policy plans, while Sweden39;s crown hit a record low after the Riksbank modestly raised its policy rate. Federal Reserve Chair Jerome Powell speaking on a panel with Bank of Japan Governor […]

Europe shares rise, U.S. futures up slightly Yuan eases despite PBOC39;s firmerthanexpected guidance Yen pressured after Ueda contrasted with Powell, Lagarde Gold slips to 3month low LONDON, June 29 Reuters World shares and the dollar inched higher while gold hit a threemonth low on Thursday as focus flipped between the battle to lower inflation, the […]

JOHANNESBURG, June 29 Reuters The South African rand weakened against a stronger dollar in early trade on Thursday ahead of the central bank39;s quarterly bulletin and producer price index data later in the day. At 0652 GMT, the rand traded at 18.7100 against the dollar , about 0.25 weaker than its previous close. The dollar […]