Bank of Japan Governor Haruhiko Kuroda said on Friday he saw no need to expand monetary stimulus now, underscoring the central bank’s preference to save its dwindling ammunition in case the economy takes a bigger hit from heightening overseas risks.
U.S. sparks risk-off move by backing Hong Kong; dollar flat
The dollar was little changed in early London trading on Thursday as a mild overnight risk-off move, sparked by the United States and China clashing over Hong Kong, subsided.
Government wants RBI to buy out stressed assets of shadow banks – source
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country’s top 25 shadow lenders, a government source told reporters on Thursday.
Global Markets: Asian shares climb on prospects of trade progress, low rates
Asian shares ticked higher on Wednesday as more upbeat signals from Sino-U.S. trade talks fanned hopes of an imminent end to tariff hostilities, which helped offset concerns about a slowing U.S. economy.
Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem losses
Oil eased on Wednesday following an industry report showing a surprise build in U.S. crude stockpiles, but hopes surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger drop in prices.
RBI to cut rates again, but still no respite for economy: Reuters poll
The Reserve Bank of India will cut interest rates in December for a sixth time this year, and again before July, according to economists in a Reuters poll who forecast those reductions would either marginally boost the economy or have no impact.
Sensex, Nifty scale fresh peak, trade deal hopes stir global risk sentiment
Indian shares tracked broader Asian peers higher on Tuesday, with NSE and BSE indexes touching record highs, as investors cheered signs of fresh progress in the trade negotiations between the United States and China.
It’s not just trade hopes fueling the U.S. stocks rally
Wall Street stocks have leap-frogged over a host of concerns, including a stall in corporate earnings and political controversy in Washington, on their way to record highs this month.
Gold eases on prospect of U.S.-China trade war truce
Gold fell to a two-week low on Tuesday as talks between top negotiators from the United States and China boosted prospects that an interim trade deal could be reached soon, denting demand for the safe-haven metal.
China and U.S. ‘very close’ to phase one trade deal – Global Times
China and the United States are ‘very close’ to a phase one trade deal, the Global Times, a tabloid run by the ruling Communist Party’s official People’s Daily, said on Monday, discounting “negative” media reports.