SINGAPORE (Reuters) – The dollar steadied on Monday after its steepest weekly loss in more than a month, as traders weigh the effect of inflation on the relative pace of looming rate hikes – with a wary eye on U.S. growth data and a European Central Bank meeting.FILE PHOTO: An employee of the Korea Exchange […]
By David Milliken LONDON (Reuters) – The Bank of England appears close to cutting interest rates for the first time in more than three years in Governor Mark Carney’s final policy vote on Thursday, the day before Britain leaves the European Union. The British central bank will assess the economy’s near standstill in late 2019, […]
By Daniel Leussink TOKYO (Reuters) – Japan’s machinery orders unexpectedly rose in February, suggesting business investment remained resilient even as companies braced for a major jolt to demand from the coronavirus pandemic. Core machinery orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, rose […]
