rate hikes

 
 

Asia stocks capped, US dollar droops following Trump comments

TOKYO, Aug 21 — Asian stocks were capped and the US dollar dipped today after US President Donald Trump accused China and Europe of manipulating their currencies and said he was “not thrilled” with the Federal Reserve for hiking interest…


US-China trade talks optimism lifts shares, oil gains

NEW YORK, Aug 21 — A gauge of global equity markets rose yesterday on hopes US-China trade talks this week will diffuse the dispute, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the US…


Euro falls with investors cautious about US-China trade talks

LONDON, Aug 20 — The euro slipped today as the dollar gained ahead of proposed trade talks between the United States and China this week that investors hope will ease tensions between the world’s two biggest economies. Anticipated talks between…


Asia shares inch up with yuan, wary on Sino-US talks

SYDNEY, Aug 20 — Asian share markets crept cautiously higher today as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest index of Asia-Pacific shares outside…


Asia shares inch up, cautious on Sino-US trade talks

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SYDNEY, Aug 20 — Asian share markets crept cautiously higher today as investors awaited developments on proposed Sino-US trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira for any new signs of strain. MSCI’s broadest…


UK inflation rises for first time in 2018, seen falling soon

Bank of England governor Mark Carney leads the bank's quarterly inflation report news conference at the Bank of England in London August 7, 2013. The Bank of England broke with tradition on Wednesday, saying it planned to keep interest rates at a record low until unemployment falls to 7 percent or below, which it views as unlikely for another three years.  REUTERS/Simon Dawson/POOL (BRITAIN - Tags: BUSINESS POLITICS EMPLOYMENT)

LONDON, Aug 16 — Britain’s inflation rate rose in July for the first time in 2018, keeping the squeeze on many households’ budgets, but there were signs that the pick-up was a blip and inflation might fall faster than the Bank of England…


US retail sales, manufacturing data bolster Q3 economic outlook

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NEW YORK, Aug 16 — US retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. Other data yesterday showed manufacturing output…


Powell to keep hiking as US growth trumps Turkish turmoil

WASHINGTON, Aug 14 — Don’t count on a Powell Pause. That’s the message seasoned watchers of the Federal Reserve have for any investors hoping that turmoil in Turkey and the wider emerging-market selloff would stay the hand of Chairman Jerome…


Erdogan says Turkey will boycott US electronics, lira steadies

ISTANBUL, Aug 14 — President Tayyip Erdogan said today Turkey will boycott electronic products from the United States, retaliating in a dispute with Washington that has helped drive the lira to record lows. The lira has lost more than 40 per cent…


Powell to keep hiking as US growth overshadows Turkey turmoil

WASHINGTON, Aug 14 — Don’t count on a Powell Pause. That’s the message seasoned watchers of the Federal Reserve have for any investors hoping that turmoil in Turkey and the wider emerging-market selloff would stay the hand of Chairman Jerome…