EF: MARKETS-MACROMATURES

US labor market resilient as recession signals strengthen

US labor market resilient as recession signals strengthen

Weekly jobless claims rise by 5,000 to 213,000 Continuing claims drop 22,000 to 1.379 million WASHINGTON, Sept 22 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating that the labor market remains tight despite the Federal Reserve’s attempt to cool demand with aggressive increases in interest rates. …

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US Treasury official criticizes China's 'unconventional' debt practices

US Treasury official criticizes China’s ‘unconventional’ debt practices

Chinese yuan banknotes are seen in this illustration photo taken April 25, 2022. REUTERS/Florence Lo/Illustration Join now for FREE unlimited access to Reuters.com Register China is the world’s largest official creditor Lack of transparency, confidentiality agreements under fire from critics Progress demanded on Common Framework debt agreements for Zambia and others WASHINGTON, Sept 20 (Reuters) …

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Frugal is the new trend for young Chinese as the economy falters

Frugal is the new trend for young Chinese as the economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old marketing consultant from Shanghai is one of many Chinese in their 20s and 30s cutting spending and saving …

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Japan signals possible yen intervention;  market not convinced

Japan signals possible yen intervention; market not convinced

A Japanese yen banknote is seen with an exchange rate graph in this illustrative photo taken June 16, 2022. REUTERS/Florence Lo/Illustration Join now for FREE unlimited access to Reuters.com Register News of rate controls pushes yen away from 24-year low Authorities won’t announce response plan – finance minister MOF will act “quickly without interruption” if …

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Rents and food push up consumer prices in the United States

Rents and food push up consumer prices in the United States

Join now for FREE unlimited access to Reuters.com Register The consumer price index increases by 0.1% in August Rents, food and health care explain the rise in the CPI Core CPI jumped 0.6%; increased 6.3% year-over-year WASHINGTON, Sept 13 (Reuters) – U.S. consumer prices rose unexpectedly in August and core inflation accelerated amid rising rent …

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Fed set for another 75 basis point rate hike;  early pivot unlikely: Reuters poll

Fed set for another 75 basis point rate hike; early pivot unlikely: Reuters poll

A woman holds US dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 13 (Reuters) – The Federal Reserve will hike interest rates another 75 basis points next week and is likely to keep its key rate steady for an extended period …

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