LONDON, Aug 14 Reuters The pound ticked a fraction higher against the dollar on Monday as traders stayed focused on key data due this week for hints on the Bank of England39;s future interest rate hike trajectory. At 1100 GMT, sterling was up 0.07 against the dollar at 1.2706. The euro fell against the pound, […]

MUMBAI, Aug 14 Reuters The Indian rupee slipped to a near 10month low on Monday, tracking a stronger dollar which led to losses across Asian currencies, but likely dollar sales by the country39;s central bank capped losses. The rupee ended at 82.9500 to the U.S. currency compared with a previous close of 82.8450. The unit […]

JOHANNESBURG, Aug 14 Reuters The South African rand weakened on Monday, hampered at the start of the week by worries over the health of China39;s economy and the potential for another U.S. interest rate hike. At 1516 GMT, the rand was at 19.0475 to the dollar , about 0.44 weaker than its closing level on […]

Aug 14 Reuters Russia39;s benchmark stock index retreated on Monday from its highest since before Moscow sent troops into Ukraine on Feb. 24, 2022, after the central bank suddenly announced an emergency policy meeting on Tuesday, ending a sharp slide in the rouble. President Vladimir Putin39;s economic adviser blamed the central bank39;s soft monetary policy for the […]

BENGALURU, Aug 14 Reuters Indian shares fell on Monday to a more than onemonth low, in line with Asian peers, weighed by concerns around local industrial output and weak consumption in top consumer China, while investors focus on domestic inflation data due later in the day. The Nifty 50 index was down 0.6 at 19,310, while […]

SHANGHAI, Aug 14 Reuters The Shanghai Stock Exchange has urged bankers to pay close attention to the marketing practices of Chinese drug and medical equipment makers seeking initial public offerings IPOs amid an escalating anticorruption drive in the sector, sources said. The bourse asked investment bankers and lawyers to ensure drugmakers39; compliance and legitimacy in […]

PREVIOUS TRADING DAY EVENTS 11 August 2023 According to the PPI data, U.S. producer prices increased slightly more than expected in July. The producer price index for final demand increased 0.3 last month. In the 12 months through July, the PPI increased 0.8 after gaining 0.2 in June, boosted by a lower base of comparison […]