Trade Snax

Economy

Bank of Israel raises key rate, seeks fiscal restraint from new govt

BY Reuters  • January 2, 2023January 2, 2023
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel raised its benchmark interest rate by half a point on Monday, and will likely continue its increases a bit more in coming m[...]
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Economy Middle East Updated

Stocks edge higher as darker forecasts loom

BY Reuters  • January 2, 2023January 2, 2023
By Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund’[...]
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Asia Australia Business Economy Europe Top News Updated US

Brazil’s Haddad vows to ‘restore’ public accounts

BY Reuters  • January 2, 2023January 2, 2023
BRASILIA (Reuters) -Brazil’s new finance minister, Fernando Haddad, said on Monday he would propose a new fiscal anchor in the first half of this year as leftist President Luiz Inacio Lula da Si[...]
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Business Economy Latin America Politics Updated

Dollar creeps up in subdued start to new year

BY Reuters  • January 2, 2023January 2, 2023
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a Feder[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Rheinmetall wins quarter-billion euro order for e-vehicle parts

BY Reuters  • January 2, 2023January 2, 2023
(Reuters) – Germany’s Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment, the industrial group said in a statement on Monday. Rheinmetall s[...]
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Business Economy Europe

Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry

BY Reuters  • January 2, 2023January 2, 2023
ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Monday, with exports rising 12.9% to $254.2 billion an[...]
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Asia Business Economy Europe Middle East Politics

Indonesia eyes $11 billion in capital market fundraising this year

BY Reuters  • January 2, 2023January 2, 2023
JAKARTA (Reuters) – Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt instruments, its fin[...]
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Asia Business Economy

Syria weakens official exchange rate

BY Reuters  • January 2, 2023January 2, 2023
DAMASCUS (Reuters) – Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement said on Monday, while black market rates used for most economic acti[...]
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Economy Middle East

Pakistan December CPI rises 24.5% year on year – statistics bureau

BY Reuters  • January 2, 2023January 2, 2023
ISLAMABAD (Reuters) – Pakistan’s consumer price index rose 24.5% in December, year-on-year, the statistics bureau said on Monday. Prices were up 0.5% in December from the previous month, t[...]
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Asia Economy
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