macro
President Prabowo Subianto nominated three senior Bank Indonesia officials to fill the central bank’s top leadership positions, reinforcing expectations of policy continuity after he picked Destry Damayanti as the sole candidate for governor.
Inflation may be subdued, yet remains too high.
Asian stocks rose as technology shares rallied and a subdued US inflation report eased concerns about an imminent interest-rate hike by the Federal Reserve. Brent snapped a six-day rally.
Australia’s softening housing market is contributing to financial conditions potentially being a bit more restrictive than otherwise, the Reserve Bank’s Assistant Governor Chris Kent said at an event.
Stocks in Asia were poised to gain Thursday after a subdued US inflation report eased concerns about imminent interest-rate hikes by the Federal Reserve. American crude snapped a five-day rally.
automated-news
Venezuela inflation surges to near 20% in July, central bank says
An enigmatic Fed faces the risk of AI stocks falling and the oil price soaring
An enigmatic Fed faces the risk of AI stocks falling and the oil price soaring
China's C919 makes 1st international flight in challenge to Boeing, Airbus
Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.