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Asian stocks under pressure as pandemic concerns outweigh stimulus hopes
(Reuters) – Asian stocks came under pressure in early trade on Tuesday as investors struggled to balance hopes for more economic stimulus and vaccines with anxiety over the growing number of COVID-19 cases.FILE PHOTO: Men wearing protective face masks chat in front of a screen displaying Nikkei share average and world stock indexes outside a […]
Chile traders see interest rate at 1.75% for next 12 months to Jan 2021: central bank poll
SANTIAGO (Reuters) – The central bank is expected to maintain Chile’s interest rate at 1.75% for the next 12 months until at least January 2021, a monthly poll of 61 traders showed on Thursday. Traders saw the interest rate rising to 2% only by January 2022. They saw inflation at 0.2% in December and at […]
German growth to remain weak in first quarter as coronavirus hits: Bundesbank
FRANKFURT (Reuters) – German economic growth will remain weak in the first quarter of 2020, weighed down by weak exports and the coronavirus outbreak in China, the Bundesbank said in a regular economic report on Monday. Europe’s largest economy stagnated in the fourth quarter and expanded by just 0.6% in all of last year as […]