By Herbert Lash NEW YORK (Reuters) -The dollar traded little changed on Tuesday after strong consumer price data revived the likelihood that the Federal Reserve will hike interest rates next week as f[...]
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Australia
Rio Tinto sees robust short term outlook for copper
KHANBOGD, Mongolia (Reuters) – The short-term outlook for copper is “pretty healthy,” with global stockpiles trending down and mine disruptions having eroded supply from Latin Americ[...]
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Rebounding New Zealand tourism is a rare bright spot for its economy
By Lucy Craymer WELLINGTON (Reuters) – When cruises started taking bookings at the end of the COVID-19 pandemic, Australians Eunice and John Rowley quickly made plans for their first ever visit[...]
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Domestic data, not SVB collapse, in focus for rate hikes in Australia – top bank analysts
By Sameer Manekar and Mehr Bedi (Reuters) – Australia’s economic health will be its central bank’s compass for plotting the course of rate hikes, as stringent regulation insulates it[...]
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Australia business activity strong in Feb, even as confidence wanes
SYDNEY (Reuters) – Australian business conditions remained resilient in February with sales and employment strong, even as confidence took a turn for the worse amid high inflation and rising int[...]
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Australia consumer mood stuck in the doldrums in March
SYDNEY (Reuters) – Australian consumer sentiment stayed stuck at historically depressed levels in March amid concerns over inflation and interest rates, a survey showed on Tuesday, with the appe[...]
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Biden pledges ‘whatever needed’ for U.S. bank system as SVB meltdown roils markets
By Trevor Hunnicutt, Alun John and Rae Wee (Reuters) – Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take action to ensure the safety of the U.S. banking sy[...]
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Dollar slides as Fed rate hike outlook tumbles after SVB collapse
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar weakened on Monday as markets bet the Federal Reserve will slow if not halt its raising of interest rates to curb inflation after[...]
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Bank shares plunge on contagion fears; precious metals rally
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global bank shares and short-dated U.S. Treasury yields plunged on Monday as concerns over fallout from the collapse of Silicon V[...]
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