Federal Reserve policymakers will soon stop boosting U.S. interest rates out of caution that America’s long economic expansion will be stifled, according to RBC US Wealth Management fixed-income strategist Craig Bishop.
The British govt will set out a new export strategy aimed at boosting exports to 35 percent of gross domestic product, as it looks to increase trade ties with the rest of the world after leaving the European Union.
British households are the most upbeat about their finances since early 2015, buoyed by near-record employment, but the approach of Brexit and concerns about inflation are making them worry more about the future, a survey showed.
Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed socialist policies that will push the chaotic country deeper into crisis.
Germany’s current account surplus is set to remain the world’s largest this year despite increased trade tensions, the Ifo institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.
Germany is not considering financial aid for Turkey as a measure to help Ankara weather its currency crisis, a German government spokesman said.
The 7.17 per cent government security maturing in 2028 rose to Rs 95.61 from Rs 95.4625 previously, while, its yield eased to 7.84 per cent from 7.86 per cent.
India has been "remarkably resilient" in the recent turmoil in emerging market equities largely driven by macro stability, low policy uncertainty, improving growth and domestic flows, says a Morgan Stanley report.
Germany’s current account surplus is set to remain the world’s largest this year despite increased trade tensions, the Ifo institute said, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.