Dollar stems decline after heavy November selloff

Dollar stems decline after heavy November selloff

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Dec 5 (Reuters) – The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators could soon … Read more

Morning Bid: RBA center stage as markets wobble

Morning Bid: RBA center stage as markets wobble

A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing Rights Dec 5 (Reuters) – A look at the day ahead in Asian markets. An interest rate decision from Australia and key inflation readings from Japan and … Read more

Morning Bid: Rallying Nikkei on the cusp of a breakout

Morning Bid: Rallying Nikkei on the cusp of a breakout

Passersby wait at a crossing in front of an electronic board showing Japan’s Nikkei average outside a brokerage, in Tokyo, Japan, March 17, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights Nov 21 (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, U.S. Breaking News Editor for Finance and Markets. A … Read more

Australia News Today: Lithium, RBA pay, money laundering

Australia News Today: Lithium, RBA pay, money laundering

Good morning, it’s Georgie here in Sydney. Here’s what you need to know today… Today’s must-reads:• Lithium rush heats up with SQM’s $1 billion Azure buy• RBA staff threaten strike over pay• US stocks drop on a rout in Big Tech, Aussie futures flat Australia’s lithium frenzy continues with mining giant SQM winning over Perth-based … Read more

Dollar bounces, euro heavy on US/euro zone growth outlook divergence

Dollar bounces, euro heavy on US/euro zone growth outlook divergence

[1/2]U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Oct 25 (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make headway on the back of … Read more

Australia News Today: RBA rate hikes, critical minerals, Microsoft

Australia News Today: RBA rate hikes, critical minerals, Microsoft

Good morning from Sydney. It’s Ed here with the news you need to start your day. Today’s must-reads:• Albanese boosts critical minerals financing• RBA won’t hesitate to hike again• Power market volatility worries BHP Prime Minister Anthony Albanese announced a A$2 billion expansion in critical minerals financing in a potential boost for clean energy and … Read more

Morning Bid: Breaking point? | Reuters

Morning Bid: Breaking point? | Reuters

U.S. House Speaker Kevin McCarthy (R-CA) walks back to the Speaker’s office after a motion to vacate the chair of Speaker of the House and end McCarthy’s continued leadership passed by a vote of 216-210, at the U.S. Capitol in Washington, U.S. October 3, 2023. REUTERS/Jonathan Ernst Acquire Licensing Rights Oct 4 (Reuters) – A … Read more

Australia News Today: Bullock Takes RBA Helm, Chevron LNG Stoppages

Australia News Today: Bullock Takes RBA Helm, Chevron LNG Stoppages

Good morning and welcome back, it’s Ainsley here with all the news you need to start your week. We promise not to mention the rugby… Today’s must-reads:• Michele Bullock takes over today at the RBA• Chevron LNG union stoppages continue• NZ may get first female finance minister in 30 years Michele Bullock beat other candidates … Read more

Global Economy Latest: Philip Lowe’s Tenure at Australia’s Central Bank

Global Economy Latest: Philip Lowe’s Tenure at Australia’s Central Bank

I’m Swati Pandey, an economics reporter in Sydney. Today, I’m looking at the legacy of outgoing RBA Chief Philip Lowe. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you … Read more

Australia News Today: RBA’s Bullock, Voice Referendum

Australia News Today: RBA’s Bullock, Voice Referendum

Happy hump day all, it’s Harry here in Sydney. Our next RBA governor last night warned that rate hikes may not be done, but first… Today’s must-reads:• PM set to name Voice date• Barley heads back to China• Reprieve for Kiwi homebuyers PM Anthony Albanese is expected to announce the date for the Voice to … Read more