Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets
by Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although renewed optimism over a rebound …
Tag: Inflation
Puma Raises Dividend After Record Sales in 2022 But Sees 2023 Profit Falling
Puma (ETR:PUMG) reported record sales and earnings before interest and taxes in 2022 but warned that profit is likely to fall this year as high …
Philippines Central Bank Chief Expects One More Rate Hike This Year, Possibly in March
The Philippine central bank will likely raise interest rates one more time this year and that could happen at its next monetary policy meeting in …
Asia FX Edges Higher, Korean Won Surges Even As BOK Holds
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even …
Dollar Edges Lower; Fed Minutes Loom Large
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously await the release of …
Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as caution kicked in ahead of …
Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events …
Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged
Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in interest rates, raising the …
ECB To Raise Rates Again And Face Questions About Future Path
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the …
Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their …