South African Rand Slips Before ThirdQuarter GDP Data

JOHANNESBURG, Dec 5 Reuters The South African rand was slightly weaker in early trade on Tuesday, before the release of thirdquarter gross domestic product GDP data. At 0825 GMT, the rand traded at 18.8350 against the dollar , about 0.1 weaker than its previous close. The dollar last traded around 0.1 stronger against a basket […]
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Euro Zone Yields Fall, Stock Rally Takes Breather

SINGAPORELONDON, Dec 5 Reuters Germany39;s 10year government bond yield dropped to its lowest in six months on Tuesday and world shares paused around fourmonth highs as traders upped bets on European Central Bank rate cuts early in 2024 and grappled with the Federal Reserve39;s outlook. The 10year Bund yield dropped as much as 7 basis […]
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South Korea Inflation Eases in Relief to Policymakers

SEOUL, Dec 5 Reuters South Korea39;s inflation eased for the first time in four months in November, bringing relief to policymakers worried about persistent inflation risks as they plan to keep their restrictive monetary policy in place for longer. The Consumer Price Index stood 3.3 higher than the same month the year before, after a […]
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India Nov Services Growth Softens but Still Solid

BENGALURU, Dec 5 Reuters India39;s dominant services sector stayed strong in November but expanded at its slowest pace in a year as demand softened despite cooling inflationary pressures, a private survey showed. The SP Global India Services Purchasing Managers39; Index fell to 56.9 in November from October39;s 58.4, below all expectations in a Reuters poll which […]
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Australia Trade Drags on Q3 Growth, Govt Spending Boost

SYDNEY, Dec 5 Reuters Australia39;s current account slid into deficit in the September quarter as prices for some commodity exports fell and locals spent more money abroad, leaving trade as a drag on the economy overall. Other data from the Australian Bureau of Statistics on Tuesday showed government spending was surprisingly strong in the quarter, […]
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