Page 15 - Jonathan Cable News Today

A downturn in euro zone business activity deepened much more than expected in July as demand in the blocs dominant services industry declined while factory output fell at the fastest pace since...

South Koreas economic growth likely slowed a bit last quarter as languishing exports and high interest rates hurt private consumption that accounts for about half of the economy, a Reuters poll of...

By Anant Chandak BENGALURU (Reuters) - South Korea's economic growth likely slowed a bit last quarter as languishing exports and high interest rates h...

The European Central Bank will raise interest rates by 25 basis points on July 27, according to all economists in a Reuters poll, a slight majority of whom were now also expecting another hike in...

The Bank of Korea will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as inflation continued to ease, a Reuters poll of economists predicted, but rate cut...

The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as inflation continued to ease, a Reuters poll of economists predicted, but rate cut forecasts were pushed back by a quarter to early 2024. While inflation in major economies remains elevated, prompting the U.S. Federal Reserve and European Central Bank to pursue policy tightening, it fell to a 21-month low in South Korea last month, bringing it closer to the central bank's 2.0...

BENGALURU (Reuters) - Indias inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a cut in interest rates unlikely any time soon, while the Reserve Bank of India is also expected to resist pressure to raise rates.

Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high interest rates that have boosted carry trades, a Reuters poll found on Thursday. The June 30-July 5 poll of 52 currency strategists found as long as most emerging market central banks wait for the U.S. Federal Reserve to finish hiking its own rates, this year's carry trade returns should be safe.

Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high interest rates that have boosted carry trades, a Reuters poll found on Thursday.

Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across the blocs dominant services industry and a deepening decline of factory output, a...