Page 61 - Eco News Today

Analysts polled by Argentina's central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, according to the monthly survey released on Friday.

Nigeria's suspended central bank Governor Godwin Emefiele has been detained and is being held in custody for investigative reasons, the police's Department of State Services (DSS) said on Saturday.

Factory gate prices fell at the fastest pace in seven years.

A look at the day ahead in Asian markets from Jamie McGeever.

Taiwanese Foreign Minister Joseph Wu will visit Prague next week, Czech Foreign Minister Jan Lipavsky said on Friday following a media report of the trip, adding Czech officials are unlikely to veer away from official policy toward Taiwan, which is claimed by China.

A former deputy governor of China's central bank, Fan Yifei, has been expelled from the Communist Party and removed from his post for serious violations of discipline and law, state media CCTV reported on Friday.

Pandemic-related disruptions to global supply chains and the effects of Russia's war in Ukraine have driven up prices of energy, commodities and necessities.

The Indian rupee is poised to open higher on Friday, tracking losses on the dollar after a jump in U.S. jobless claims made it more likely that the Federal Reserve will refrain from raising rates next week.

The pound headed for a second week of gains on Friday, boosted by the prospect of UK interest rates catching up with U.S. rates, as the Bank of England fights to bring down the highest inflation across leading economies.

Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight month of outflows, the Institute of International Finance (IIF) found.