macro
The dollar headed for its worst week in three months on concerns the Federal Reserve won’t move forcefully enough to contain inflation.
BOJ revises inflation forecast down while keeping rates unchanged
China’s central bank signaled a preference for slower gains in the yuan, setting the daily fixing at a broadly stable level that is much weaker than expected, after the currency climbed to a three-year high.
Kenya’s annual inflation rate climbed slightly up in July, exceeding the midpoint of the central bank’s target range for a third month, as energy costs fueled price growth.
The Bank of Japan has kept its rate policy unchanged and nudged its economic growth forecast higher. Officials stop short of confirming an intervention that drove the yen sharply higher. Hiromi Ishihara, Head of equity investment at Amundi Japan told Bloomberg’s Abeer Abu Omar on Horizons Middle Eas
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Traders trim UK rate hike bets after BoE flags limited Iran spillover Reuters
If US yields keep rising, the RBI could face growing pressure to keep policy tighter.
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Traders trim UK rate hike bets after BoE flags limited Iran spillover Reuters
The yen soared by the most in more than two years against the dollar after authorities stepped in once again to try and prop up the nation’s sagging currency ahead of the Bank of Japan’s policy decision.
Swarthmore College, an elite liberal arts school in Pennsylvania, lost its AAA grade from S&P Global Ratings after running up its debts to finance renovations to dormitories, classrooms and other projects across its campus. Bloomberg's Amanda Albright reports on "Bloomberg Real Yield." (Source: Bloo