Trade Snax

Updated

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

South Korea December factory activity weakens on demand slump, trucker strike

BY Reuters  • January 2, 2023January 2, 2023
SEOUL (Reuters) – South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers[...]
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Asia Economy Updated

Global economy faces tougher year in 2023, IMF’s Georgieva warns

BY Reuters  • January 1, 2023January 1, 2023
By Dan Burns (Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakeni[...]
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Asia Business Economy Updated US

Historic new year for Croatia as it joins euro, Schengen area

BY Reuters  • January 1, 2023January 1, 2023
BREGANA BORDER CROSSING, Croatia (Reuters) – Croatia rang in two historic changes with the new year, as the European Union’s youngest member joined both the EU’s border-free Schengen[...]
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Economy Europe Politics Updated

Market misery deals sovereign wealth funds historic setback in 2022 -study

BY Reuters  • January 1, 2023January 1, 2023
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the combined value of the world’s sovereign wealth and public pension funds for the first[...]
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Asia Business Canada Economy Europe Middle East Updated

JPMorgan, Deutsche Bank seek dismissal of lawsuits by Jeffrey Epstein accusers

BY Reuters  • December 31, 2022December 31, 2022
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co and Deutsche Bank AG asked a U.S. judge to dismiss lawsuits by women who accused Jeffrey Epstein of sexual abuse, and said the banks ena[...]
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Business Economy Europe Updated US
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