ECON
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Currencies
Rupee poised to inch up on fall in U.S. yields; budget, Fed outcome eyed
MUMBAI, Feb 1 (Reuters) – The Indian rupee is likely to open higher versus the dollar on Wednesday, helped by…
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Financial Market
U.S. labor cost growth smallest in a year
Employment cost index rises 1.0% in fourth quarter Wages, salaries increase 1.0%; up 5.1% year-on-year Consumer confidence index drops to…
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Commodities
Gold set for third monthly rise on softer dollar, Fed slowdown bets
Focus on Fed policy decision on Feb. 1 POLL-High interest rates to hold back gold’s rally Gold up over 5%…
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Australian Economy
Australia’s housing prices fall for ninth straight month – CoreLogic
SYDNEY, Feb 1 (Reuters) – Australia’s house prices extended declines for the ninth straight month in January amid high mortgage…
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Commodities
High interest rates to hold back gold’s rally
Gold seen averaging $1,852.50/oz in 2023, $1,890/oz in 2024 Silver seen averaging $23/oz in 2023, $24/oz in 2024 Individual forecasts…
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Currencies
Dollar rises ahead of Fed, but set for fourth monthly drop
LONDON/SINGAPORE, Jan 31 (Reuters) – The dollar ticked higher on Tuesday ahead of a raft of central bank decisions but…
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Trading
Australia and China trade ministers to hold virtual meeting next week
SYDNEY, Jan 31 (Reuters) – The trade ministers of Australia and China will hold a virtual meeting next week, Australia’s…
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Australian Economy
Australia Dec retail spending nosedives in warning for economy
SYDNEY, Jan 31 (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as…
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Financial Market
Asia shares welcome China back, ready for rate hikes
https://tmsnrt.rs/2zpUAr4 Fed seen hiking 25bp this week, ECB and BOE by 50bp Tech giants lead host of earnings results Oil…
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Financial Market
Wall Street ends higher, notches weekly gains as Fed meeting looms
PCE: inflation cools along with consumer spending American Express, Visa climb higher on solid demand Chevron falls after missing profit…
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