BENGALURU Group of 10 currencies will be driven by the U.S.-China trade war and actions by the U.S. Federal Reserve in coming months, while economic developments in other parts of the world are likely to take second stage, a Reuters poll found.
BENGALURU Global funds in August recommended an increase to bonds and cash holdings to the highest since early 2013 at least and cut equities to the lowest since late 2016, penciling in a more than 45% chance of a significant correction in stock markets this year.
BENGALURU World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war.
BENGALURU Euro zone business growth nudged up in August and may provide some modest cheer for policymakers, a survey showed, but the weakness in manufacturing and future expectations will keep the European Central Bank on track to ease policy in September.
BENGALURU The U.S. dollar's dominance will come to an end if the Federal Reserve gives in to pressure from financial markets and President Donald Trump and chops interest rates another 50 basis points this year, a Reuters poll of market strategists showed.
"More caution" was the mantra of global fund managers in July, with recommended equity allocations cut to the lowest since early 2017 and suggested cash holdings increased to the highest in five months, a Reuters poll showed.
A quarter-point Federal Reserve interest rate cut in July is almost a done deal, according to economists in a Reuters poll, who expect another later in the year amid rising economic risks from the ongoing U.S.-China trade war. | Video
BENGALURU The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, according to a Reuters poll of economists, a majority of whom said risks to their already-modest growth forecasts were skewed more to the downside.
BENGALURU Fund managers increased their recommendations for bond holdings for the sixth straight month in June, to the highest since at least the start of 2013, and cut equities for a fourth consecutive month, a Reuters poll found.