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The euro zone economy is expected to contract this quarter and remain in a state of recession due to the impact of interest rate hikes by central banks, according to a survey. The flash euro zone Composite Purchasing Managers' Index (PMI) rose slightly in September but remained below the 50 mark that indicates growth. Hamburg Commercial Bank predicts a 0.4% contraction this quarter.
By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will struggle to reclaim the ground lost this year, as ...
India's rupee will still be very close to its historic low in six months despite the Reserve Bank of India using its coffers to cut volatility, according to a Reuters poll in which over a third of... -Yesterday at 10:35 pm- MarketScreener
Emerging market currencies will struggle to reclaim the ground lost this year, as high U.S. Treasury yields and safe-haven demand amid a slowing Chinese economy keeps the dollar ascendant, a... -Today at 09:05 pm- MarketScreener
By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will struggle to reclaim the ground lost this year, as ...