Shisa nyama barbecue index shows South Africa's food costs are rising again
Food prices in SA are on a tear yet again, underscoring central bank Governor Lesetja Kganyago’s resolve to keep monetary policy tight for longer.
Source: timeslive.co.za
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Turkey sped up efforts to attract FDI, Erdogan says
Turkey's President Tayyip Erdogan said on Monday that his new economy team accelerated efforts to increase foreign direct investment (FDI) inflows after he secured another five-year term in May elections.
Source: reuters.com
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Morning Bid: Australia rate decision on a knife edge
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
Source: reuters.com
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Rupee to struggle on more Fed rate hike bets; US yields surge
The Indian rupee is expected to struggle on Friday following a jump in U.S. yields and the dollar index on expectations that more Federal Reserve rate hikes were on the way.
Source: reuters.com
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Rouble sinks to over 15-month low vs dollar on political risk concerns
The Russian rouble slumped to a more than 15-month low against the dollar and euro on Friday, weighed down by domestic political risk concerns after an aborted armed mutiny over the weekend and lacking support drivers.
Source: reuters.com