Page 11 - Frx News Today

Hawkish central banks have sent a resounding "no" to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches.

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

A look at the day ahead in U.S. and global markets from Harry Robertson.

The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve's where it will announce its rates decision.

A look at the day ahead in European and global markets from Ankur Banerjee

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.

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.

A British foreign exchange company boss who used investors' cash to fund his luxury lifestyle was sentenced in his absence to 14 years in jail on Friday over a 70 million pound ($88 million) Ponzi scheme.