Shri Navaratnam

2 weeks ago | gurutrade.com | Leika Kihara |Sam Holmes |Shri Navaratnam

April core CPI rises 3.5% yr/yr vs f'cast +3.4% Index excluding fresh food, fuel up 3.0% yr/yr in April Services inflation moderate, US tariffs cloud wage outlook Analysts expect inflation to slow back near BOJ target year-end TOKYO, May 23 (Reuters) - Japan's core inflation accelerated at its fastest annual pace in more than two years in April on steady rises in food costs, data showed on Friday, raising the odds of another interest rate hike by year-end.

2 weeks ago | gurutrade.com | Kevin Buckland |Shri Navaratnam |Edmund Klamann

US fiscal concerns hurt dollar, support safe-haven yen Bitcoin hits record high as investors seek dollar alternatives Trump bill could add $3.8 trillion to debt over next decade. TOKYO, May 22 (Reuters) - U.S. fiscal concerns and a tepid auction of Treasury bonds pushed the dollar to a two-week low versus the yen on Thursday, while the U.S. Congress moved closer to passing President Donald Trump's bill for massive cuts in taxes and spending.

2 weeks ago | gurutrade.com | Stella Qiu |Shri Navaratnam

SYDNEY, May 20 (Reuters) - Australia's central bank on Tuesday cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing. The Australian dollar fell 0.4% to $0.6430 and three-year bond futures rose 5 ticks to 96.40. Swaps imply a total easing of 57 basis points by the end of the year.

2 weeks ago | gurutrade.com | Shri Navaratnam |Tom Hogue

BEIJING, May 19 (Reuters) - Property investment in China fell 10.3% in the first four months of 2025 from a year earlier, following a drop of 9.9% in the first quarter, official data showed on Monday. Property sales by floor area shrank 2.8% in January-April from the previous year, after declining 3.0% in the first three months. New construction starts measured by floor area were down 23.8%, versus a 24.4% slump in January-March.

3 weeks ago | gurutrade.com | Ankur Banerjee |Shri Navaratnam |Edwina Gibbs

U.S.-South Korea talks stoke worries of long-term dollar weakness Uncertainty over various trade deals keeps sentiment in check U.S. retail sales data in focus for investors TOKYO, May 15 (Reuters) - The U.S. dollar weakened on Thursday in tandem with a surge in the South Korean won amid persistent speculation that Washington is seeking a weaker greenback, which in turn also lifted other Asian currencies.