German yields touch one-week high as ECB rate cut seen as less likely

[ad_1] (Adds details, updates prices) By Elizabeth Howcroft LONDON, Jan 29 (Reuters) – Euro zone government bond yields rose on Friday and the spread between core and riskier debt narrowed,…

Stimulus checks boost U.S. consumer spending; inflation warming up

[ad_1] Consumer spending increases 4.2% in March Personal income jumps 21.1% Core PCE price index gains 0.4%; up 1.8% year-on-year Labor costs rise 0.9% in first quarter; wages up 1%…

Morning Bid: Treasury yields dive as oil craters, economy softens

[ad_1] A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February…

Oil tumbles on big build in US crude stocks, record crude production

[ad_1] Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing…

Ghana’s government and public labour union agree 23% rise in base pay

[ad_1] A man trades U.S. dollars for Ghanaian cedis at a currency exchange office in Accra, Ghana, June 15, 2015. Picture taken June 15. REUTERS/Francis Kokoroko/ File photo Acquire Licensing…

Take Five: That rate cut trade

[ad_1] LONDON, Nov 10 (Reuters) – Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug…

Euro zone recession fears harden

[ad_1] LONDON, Nov 6 (Reuters) – The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday,…

Canadian services business activity hits 14-month low in October

[ad_1] A man checks an apple while shopping at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio Acquire Licensing Rights TORONTO, Nov 3 (Reuters) – Contraction…

US weekly jobless claims rise marginally; productivity accelerates in Q3

[ad_1] Weekly jobless claims increase 5,000 to 217,000 Continuing claims jump 35,000 to 1.818 million Productivity accelerates at 4.7% rate in third quarter Unit labor costs decrease at 0.8% pace…

Hong Kong seeks fresh economic edge while steeling security in policy blueprint

[ad_1] New national security laws to be tabled in 2024 Economic growth of 4-5% expected in 2023 Property transaction fees halved for some buyers Stock transaction fees shaved from 0.13%…