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India`s economic growth set to accelerate to its fastest in a year India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead. According to the median forecast in a Reuters poll of economists, India's gross domestic product (GDP) grew 7.7% in the past quarter, up from 6.1% growth in the previous quarter and its fastest expansion since April-June 2022. Economists say lower commodity prices helped manufacturers...
India`s economic growth set to accelerate to its fastest in a year
India`s economic growth set to accelerate to its fastest in a year
Source: Reuters
31/08/2023 9:15:49 AM
Oil prices up on tighter supply, China PMI in focus Global oil prices were up in early trade on Thursday backed by tighter U.S. supply, with a focus on China factory activity due later in the day amid recent weak economic expansion data in the world's second-biggest economy. Brent crude futures contract for October and which expires on Thursday was up 14 cents, or 0.16%, at $86 per barrel and the more active November contract was up 10 cents, or 0.12%, at $85.34 at 0039 GMT. U.S. West Texas Intermediate crude futures gained 10 cents,...
Oil prices up on tighter supply, China PMI in focus
Oil prices up on tighter supply, China PMI in focus
Source: Reuters
31/08/2023 8:59:03 AM
Rupee in narrow range ahead of US inflation, Fed minutes The Indian rupee held a narrow range against the U.S. dollar on Wednesday as caution prevailed ahead of an inflation report that would influence the Federal Reserve's next policy move. The rupee finished at 82.0775 per dollar compared with 82.1250 in the previous session. The currency traded in a narrow 10 paisa range as traders kept positions light heading into the release of the critical March U.S. consumer price index (CPI) data. The core CPI likely rose by 0.4% month-on-month...
Rupee in narrow range ahead of US inflation, Fed minutes
Rupee in narrow range ahead of US inflation, Fed minutes
Source: Reuters
12/04/2023 4:33:02 PM
Indian rupee seen struggling to rise much in coming months The Indian rupee, one of the worst-performing Asian currencies last year, is forecast to strengthen very little in coming months and still trade above the 80 per dollar mark a year from now, a Reuters poll of foreign exchange strategists found. Although India is the fastest-growing major economy, with growth slowing but still expected at 6.0% in fiscal 2023/24, that relative strength is not reflected in the currency. Underlying economic problems, including a reliance on imported oil and pe...
Indian rupee seen struggling to rise much in coming months
Indian rupee seen struggling to rise much in coming months
Source: Reuters
7/02/2023 10:20:06 AM
New Delhi to meet fiscal target in coming year, capex a longer shot : Reuters poll BENGALURU - The Indian government will meet its deficit target for the coming fiscal year, according to a Reuters poll of economists who were split on whether New Delhi would undertake all the capital spending it is planning, the most ever. Since taking office in 2014, Prime Minister Narendra Modi's government has broadly stuck to its borrowing targets but has come under sharp criticism for not creating enough jobs, especially for young people. Of 39 economists who responded, 3...
New Delhi to meet fiscal target in coming year, capex a longer shot : Reuters poll
New Delhi to meet fiscal target in coming year, capex a longer shot : Reuters poll
Source: Reuters
6/02/2023 9:47:27 AM
India's inflation likely remained steady at 5.90% in December: Media BENGALURU  - India's retail inflation held steady in December, staying within the Reserve Bank of India's comfort zone for a second month as a moderation in food price rises was partly offset by elevated core inflation, a Reuters poll of economists found. The Jan. 4-9 poll of 45 economists put consumer price inflation at 5.90% in December from a year earlier, little changed from an eleven-month low of 5.88% in November. If confirmed, inflation would be within the RBI's ...
India's inflation likely remained steady at 5.90% in December: Media
India's inflation likely remained steady at 5.90% in December: Media
Source: Reuters
10/01/2023 8:41:56 AM
Budget discipline would give most support to Indian rupee - Media BENGALURU  - A budget that accelerates fiscal consolidation would give more support to the Indian rupee in the near term, according to a Reuters poll of FX analysts who forecast the currency would erase a fifth of last year's losses over the next 12 months. A sell-off in emerging markets and a widening fiscal and current account deficit, exacerbated by rising oil prices - India's biggest import bill - pushed the rupee down over 10% last year, its worst annual performance since...
Budget discipline would give most support to Indian rupee - Media
Budget discipline would give most support to Indian rupee - Media
Source: Reuters
6/01/2023 8:47:27 AM
India's retail inflation likely slipped only modestly in May BENGALURU - India's retail inflation likely slipped modestly in May, but stayed well above the Reserve Bank of India's upper tolerance limit for a fifth consecutive month, as lower fuel prices offset surging food costs, a Reuters poll found. But the dip is expected to be temporary and analysts say the RBI remains on track to keep raising interest rates. Late last month, the government announced a series of changes to the tax structure levied on essential commodities and tri...
India's retail inflation likely slipped only modestly in May
India's retail inflation likely slipped only modestly in May
Source: Reuters
10/06/2022 8:50:05 AM
RBI to go fast with rate hikes this year, slow the next BENGALURU - The Reserve Bank of India will concentrate interest rate hikes over the coming months in a relatively short tightening cycle, according to a Reuters poll of economists who expect the repo rate to reach its terminal level early next year. Following a surprise rate rise on May 4, several members of the Monetary Policy Committee called for more in upcoming meetings this year to control sticky price pressures, which hit an eight-year high last month. That sentiment was echo...
RBI to go fast with rate hikes this year, slow the next
RBI to go fast with rate hikes this year, slow the next
Source: Reuters
2/06/2022 8:15:40 AM
Indian home prices to accelerate again despite higher rates BENGALURU - Indian house prices are set to accelerate this year to a pace not seen in half a decade, according to a Reuters poll of property analysts who also warned that higher interest rates will crimp affordability, especially for first-time buyers. A lack of demand has kept India's property market relatively quiet during the pandemic compared with other world markets that rocketed higher as households scrambled to buy more living space. Those markets are now cooling. But the rel...
Indian home prices to accelerate again despite higher rates
Indian home prices to accelerate again despite higher rates
Source: Reuters
31/05/2022 8:43:48 AM
India Q1 GDP growth likely slowed for the third consecutive quarter BENGALURU - India's economic recovery from the COVID-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation, a Reuters poll showed. Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago in a May 23-26 Reuters poll of 46 economists, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year, and a third consecut...
India Q1 GDP growth likely slowed for the third consecutive quarter
India Q1 GDP growth likely slowed for the third consecutive quarter
Source: Reuters
27/05/2022 8:53:39 AM
RBI to raise rates again in June but not clear by how much BENGALURU - The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to a majority of analysts polled by Reuters who were exceptionally split on the size of the move. India's retail inflation accelerated to an eight-year high in April, remaining above the central bank's tolerance limit for a fourth month in a row, and is likely to stay elevated. The sudden change in views on surging inflation and how to tame it means...
RBI to raise rates again in June but not clear by how much
RBI to raise rates again in June but not clear by how much
Source: Reuters
16/05/2022 8:02:49 AM
India's inflation likely accelerated to an 18-month high in April BENGALURU - India's retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and food prices and staying well above the Reserve Bank of India's upper tolerance limit for a fourth consecutive month, a Reuters poll found. The jump has been long anticipated following the Indian government's decision to wait until after key state elections in March to hike fuel prices. Energy prices globally have soared since Russia's invasion of Ukraine i...
India's inflation likely accelerated to an 18-month high in April
India's inflation likely accelerated to an 18-month high in April
Source: Reuters
10/05/2022 8:57:51 AM
Global growth to slow as inflation bites BENGALURU - The global economy will expand more slowly than predicted three months ago, according to Reuters polls of over 500 economists, who said higher commodity prices and an escalation in the Russia-Ukraine war could prompt another downgrade. Already under pressure from monetary tightening as central banks try to stem rising inflation, world economic output was dealt a body blow when Russia invaded Ukraine on Feb. 24, sending commodity prices through the roof and triggering waves of e...
Global growth to slow as inflation bites
Global growth to slow as inflation bites
Source: Reuters
28/04/2022 8:50:38 AM
Reserve Bank of India to wait at least until August to raise repo rate - Reuters poll BENGALURU - The Reserve Bank of India will delay its first interest rate rise by at least four months to August at the earliest, according to a Reuters poll of economists who said the central bank must now start worrying about inflation. Inflation has held above the RBI's 6% upper threshold so far this year, casting doubt on its current strategy of keeping rates low to bolster growth even as some central banks are already raising borrowing costs in this cycle. At its last policy mee...
Reserve Bank of India to wait at least until August to raise repo rate - Reuters poll
Reserve Bank of India to wait at least until August to raise repo rate - Reuters poll
Source: Reuters
6/04/2022 8:52:49 AM
Global fund managers turned more defensive in March- Reuters poll BENGALURU - Global fund managers maintained a cautious stance in March, increasing recommended bond holdings and cash reserves and suggesting reduced equities exposure, a Reuters poll found. The March 21-31 survey captured this defensive strategy many fund managers adopted after the Russia-Ukraine war broke out. The February survey was taken partly before Russia's Feb. 24 invasion but had still hinted at caution. Recommended equity allocations were lowered to an average of 48.5...
Global fund managers turned more defensive in March- Reuters poll
Global fund managers turned more defensive in March- Reuters poll
Source: Reuters
31/03/2022 7:17:00 PM
Indian inflation likely slipped in February but set to rebound soon - Reuters Poll BENGALURU  - Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists in a Reuters poll who still warned that surging oil prices will push inflation much higher in the coming months. Following Russia's invasion of Ukraine, crude oil prices have skyrocketed - in March alone, they have surged about 35% - which will in turn push up fuel, transport and other related components of inflation this month. Inflation, as measured...
Indian inflation likely slipped in February but set to rebound soon - Reuters Poll
Indian inflation likely slipped in February but set to rebound soon - Reuters Poll
Source: Reuters
10/03/2022 8:56:49 AM
Indian economy likely lost steam in final quarter of 2021 - Reuters poll BENGALURU  - The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and investment, according to economists in a Reuters poll. Asia's third largest economy expanded 6.0% in the October-December quarter compared with the same period from a year ago, the median forecast of 38 economists polled Feb. 21-23 showed, losing more steam even before disruptions from the Omicron variant of the coronavirus came into play....
Indian economy likely lost steam in final quarter of 2021 - Reuters poll
Indian economy likely lost steam in final quarter of 2021 - Reuters poll
Source: Reuters
24/02/2022 8:59:10 AM
Close call for Reserve Bank of India rates lift-off in April-Reuters Poll BENGALURU - Faced with relatively low inflation amid a global surge, the Reserve Bank of India will still wait at least a few more months before it joins other central banks in raising interest rates following the pandemic, a Reuters poll found. Among the hardest-hit emerging economies from shutdowns and disruptions to business by COVID-19, India has only recently begun to recover much of its lost ground and New Delhi's latest budget was modestly stimulative compared with expectations....
Close call for Reserve Bank of India rates lift-off in April-Reuters Poll
Close call for Reserve Bank of India rates lift-off in April-Reuters Poll
Source: Reuters
7/02/2022 9:07:19 AM
Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll BENGALURU - India's economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related mobility restrictions were eased, a Reuters poll of economists found. The Nov. 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4% in the July-September period. The Indian economy expanded 1.6% and 20.1% in the Jan-March and April-June quarters, respectively. The report will be released at 1200 GMT on N...
Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll
Indian GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll
Source: Accord Fintech
26/11/2021 10:43:45 AM
India inflation likely fell to five-month low in September BENGALURU - India's retail inflation probably eased again in September, falling to a five-month low, thanks to a favourable comparison with last year and moderating food prices that offset a surge in the cost of crude oil and fuel, a Reuters poll found. The median from an Oct. 5-7 poll of 37 economists predicted consumer price inflation fell sharply to 4.5% in September from 5.3% in August. That would mark the third consecutive month within the Reserve Bank of India's (RBI) toleran...
India inflation likely fell to five-month low in September
India inflation likely fell to five-month low in September
Source: Reuters
8/10/2021 9:54:58 AM
China`s export, import growth likely eased in Aug on COVID-19 cases, supply bottlenecks: Reuters poll BEIJING - China's export growth is expected to have moderated in August amid port congestion caused by fresh COVID-19 cases, a Reuters poll showed, while the pace of imports also slowed, highlighting the growing pressure on the world's second-largest economy. The forecast slackening in overall trade add to a flurry of soft Chinese data since July and is likely to reinforce market expectations for more near-term support measures https://www.reuters.com/article/us-china-economy-polic...
China`s export, import growth likely eased in Aug on COVID-19 cases, supply bottlenecks: Reuters poll
China`s export, import growth likely eased in Aug on COVID-19 cases, supply bottlenecks: Reuters poll
Source: Reuters
6/09/2021 10:53:20 AM
Bumpy autumnal ride ahead for emerging market currencies: Reuters poll BENGALURU/JOHANNESBURG - Volatility in high-risk, high-return emerging market currencies is set to persist amid fears of a "taper tantrum" once the U.S. Federal Reserve starts cutting its bond buying, according to analysts who say a sell-off is likely in the next three months. A majority of FX strategists in the Aug. 30-Sept. 2 Reuters poll said recent dollar weakness would be temporary as the day the Fed eventually decides to taper its $120 billion of monthly purchases approache...
Bumpy autumnal ride ahead for emerging market currencies: Reuters poll
Bumpy autumnal ride ahead for emerging market currencies: Reuters poll
Source: Reuters
3/09/2021 10:35:03 AM
Japan's July factory output to fall as Delta variant spreads in Asia: Reuters poll TOKYO  - Japan's industrial output likely fell in July as export demand for capital goods stagnated and supply chains were further disrupted by the spread of the Delta coronavirus variant in Asia, a Reuters poll showed on Friday. The poll also showed retail sales, a key barometer of consumer spending, were expected to post a fifth straight month of year-on-year gains in July, helped by growing demand for electronics and clothing. Factory output was projected to have fallen 2.5%...
Japan's July factory output to fall as Delta variant spreads in Asia: Reuters poll
Japan's July factory output to fall as Delta variant spreads in Asia: Reuters poll
Source: Reuters
27/08/2021 10:57:25 AM
Bearish bets soften on Asian FX as U.S. dollar eases: Reuters poll Investors trimmed bearish bets on most Asian currencies as the dollar weakened on hopes of a temporary pushback in the Federal Reserve's tapering timeline, while sentiment on the Indian rupee turned marginally bullish, a Reuters poll showed on Thursday. Investors unwound their bearish bets on the Indian rupee to be slightly bullish for the first time since mid-June, with the currency appreciating 0.2% in August after vaccination programs were ramped up and the central bank continued it...
Bearish bets soften on Asian FX as U.S. dollar eases: Reuters poll
Bearish bets soften on Asian FX as U.S. dollar eases: Reuters poll
Source: Reuters
26/08/2021 4:33:24 PM
India's wobbling housing market to regain its feet next year: Reuters poll BENGALURU  - India's wobbly housing market will find its footing next year, boosted by a recovery from the pandemic and easy monetary policy, according to property analysts in a Reuters poll who were split on what that would mean for affordability. The Aug. 11-24 poll predicted house prices would grow on average 2.5% nationwide this year, an upgrade from next to nothing, 0.75%, expected in a survey three months ago. But that forecast was significantly more modest than expectati...
India's wobbling housing market to regain its feet next year: Reuters poll
India's wobbling housing market to regain its feet next year: Reuters poll
Source: Reuters
26/08/2021 10:57:28 AM
India's GDP growth likely touched a record in April-June: Reuters poll Indian economic growth likely touched a record high in the quarter through June, reflecting a very weak base last year and a rebound in consumer spending, a Reuters poll found. The Aug. 20-25 Reuters poll of 41 economists showed gross domestic product rose 20.0% in the three-month period, compared with a record contraction of 24.4% in the same quarter a year earlier. Forecasts in the poll ranged from 10.5% to 31.6%, showing the considerable uncertainty around those base effects. The ...
India's GDP growth likely touched a record in April-June: Reuters poll
India's GDP growth likely touched a record in April-June: Reuters poll
Source: Reuters
26/08/2021 9:21:01 AM
India's liquidity-driven stock market rally to dry out next year: Reuters poll BENGALURU - India's liquidity-driven stock market rally is expected to cool next year as global and domestic monetary policy starts to tighten, according to a Reuters poll of analysts who expect corporate earnings to rise further. Despite slumps during two damaging waves of the COVID-19 pandemic, the benchmark BSE Sensex Index has surged nearly 120% from a record low of 25,638.9 hit in late March last year, when the country's first lockdown started. Ultra-easy monetary poli...
India's liquidity-driven stock market rally to dry out next year: Reuters poll
India's liquidity-driven stock market rally to dry out next year: Reuters poll
Source: Reuters
25/08/2021 9:25:01 AM
India`s retail inflation likely cooled to 5.78% in July - Reuters poll BENGALURU (Reuters) - India's retail inflation likely slowed to a three-month low in July, bringing it back within the central bank's target range, on falling food prices and an easing of supply chain disruptions, a Reuters poll found. The Aug. 5-9 poll of 48 economists showed consumer price inflation eased to 5.78% last month from 6.26% in June. If realized, it would be the lowest inflation print since May and within the Reserve Bank of India's tolerance band of 2% to 6% - ...
India`s retail inflation likely cooled to 5.78% in July - Reuters poll
India`s retail inflation likely cooled to 5.78% in July - Reuters poll
Source: Reuters
10/08/2021 9:42:08 AM
Roller coaster ride for EM currencies to roll on: Reuters poll JOHANNESBURG/BENGALURU (Reuters) - Short-term volatility in emerging markets currencies will linger as the jury is still out on the timing of U.S. stimulus tapering and as investors support currencies with greater potential for strength, a Reuters poll found. In an Aug. 2-4 survey, the outlook for emerging market currencies was mixed against a range-bound dollar, depending on which central bank has begun raising interest rates or has potential for hikes. The South African rand was expec...
Roller coaster ride for EM currencies to roll on: Reuters poll
Roller coaster ride for EM currencies to roll on: Reuters poll
Source: Reuters
5/08/2021 8:58:45 AM
Gold set for modest rally before easing in 2022 - Reuters poll BENGALURU - Gold prices will average a little above their current level of $1,830 an ounce for the remainder of 2021 before edging lower next year as the global economy recovers and central banks begin to tighten monetary policy, a Reuters poll showed on Thursday. Prices of the metal, traditionally seen as a safe store of wealth, surged to record levels above $2,000 an ounce early in the coronavirus crisis but sagged as economies reopened. "Safe-haven demand should fade furthe...
Gold set for modest rally before easing in 2022 - Reuters poll
Gold set for modest rally before easing in 2022 - Reuters poll
Source: Reuters
30/07/2021 11:13:09 AM
India`s economic rebound faces rising risk from virus variants: Reuters poll By Indradip Ghosh BENGALURU - India's economic rebound, already weakened in recent months, could lose further momentum as coronavirus variants pose the greatest threat and inflation rises, a Reuters poll of economists found. The latest survey results suggest difficult policy decisions lie ahead for the Reserve Bank of India, which has already seen two consecutive months of inflation above the 6% upper limit of the range it tolerates. The RBI said last week that prospects for the ...
India`s economic rebound faces rising risk from virus variants: Reuters poll
India`s economic rebound faces rising risk from virus variants: Reuters poll
Source: Reuters
23/07/2021 2:36:39 PM
India`s inflation likely edged up to seven-month high in June: Reuters poll BENGALURU - India's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above the Reserve Bank of India's comfort zone for a second straight month, a Reuters poll showed. While many of India's states have eased restrictions imposed to contain the coronavirus, supply-side disruptions remain and higher taxes on petroleum products continue to exert upward pressure on inflation. The July 5-7 poll of 37 economists showe...
India`s inflation likely edged up to seven-month high in June: Reuters poll
India`s inflation likely edged up to seven-month high in June: Reuters poll
Source: Reuters
8/07/2021 10:05:29 AM
Dollar's near-term outlook bright, but to fade in a year: Reuters poll BENGALURU - Near-term bets in favour of the dollar should be increased, a majority of analysts in Reuters polls said, who however were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year. Tracking the Federal Reserve's surprisingly hawkish outlook at the June meeting, the dollar ended its two month losing streak and gained about 3% against a basket of currencies last month, marking its best monthly performance in 4-1/2 years. Wha...
Dollar's near-term outlook bright, but to fade in a year: Reuters poll
Dollar's near-term outlook bright, but to fade in a year: Reuters poll
Source: Reuters
2/07/2021 8:46:53 AM
Near-term global bond market correction likely-strategists: Reuters poll BENGALURU - A significant global bond market correction is likely in the next three months as central bankers eye the exit door from pandemic emergency policy, according to a Reuters poll of strategists who also forecast modestly higher yields in a year. Financial markets were caught off guard by the Federal Reserve's surprisingly hawkish tone at its meeting last week, sparking a sell-off in equities and a safe-haven rush into Treasuries. While Fed Chair Jerome Powell played do...
Near-term global bond market correction likely-strategists: Reuters poll
Near-term global bond market correction likely-strategists: Reuters poll
Source: Reuters
25/06/2021 11:41:24 AM
Investors trim long positions on Asian currencies, yuan bets halved: Reuters poll BENGALURU - Long bets on most of Asia's emerging currencies were trimmed, a Reuters poll showed on Thursday, as investors weigh the prospect of tighter monetary settings as the U.S. recovery outperforms, while the COVID-19 situation locally is brought under control. The 13 responses came in before the Federal Reserve's policy meeting late on Wednesday where it stunned by signalling it might raise interest rates as early as 2023, a faster pace than initially assumed. Emerging mar...
Investors trim long positions on Asian currencies, yuan bets halved: Reuters poll
Investors trim long positions on Asian currencies, yuan bets halved: Reuters poll
Source: Reuters
17/06/2021 11:00:55 AM
India`s May retail inflation accelerates to 6.30% y/y - government NEW DELHI- India's retail inflation accelerated to 6.30% in May from a year ago, government data released on Monday showed. Analysts in a Reuters poll had predicted annual inflation at 5.30% for the month.
India`s May retail inflation accelerates to 6.30% y/y - government
India`s May retail inflation accelerates to 6.30% y/y - government
Source: Reuters
14/06/2021 5:52:01 PM
India retail inflation likely rebounded to 5.30% in May - Reuters poll BENGALURU  - India's retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve Bank of India's target range for the sixth consecutive month, a Reuters poll found. "In April, the retail prices of petroleum products were kept unchanged because of multiple state elections being held then, despite rising crude prices," said Kunal Kundu, India economist at Societe Generale. "But...
India retail inflation likely rebounded to 5.30% in May - Reuters poll
India retail inflation likely rebounded to 5.30% in May - Reuters poll
Source: Reuters
9/06/2021 3:57:49 PM
Oil demand rebound to prevail over potential Iran, India headwinds - Reuters poll Oil prices will see a gradual uptick this year as economies shake off pandemic blues and weather headwinds from the coronavirus crisis in India and a potential return of Iranian supply, a Reuters poll showed on Tuesday.     The survey of 45 participants forecast Brent would average $64.79 per barrel -- the sixth straight upward revision in the 2021 consensus -- up slightly from April's $64.17 projection.   (Graphic: Analysts raise oil price forecasts for 2021 ...
Oil demand rebound to prevail over potential Iran, India headwinds - Reuters poll
Oil demand rebound to prevail over potential Iran, India headwinds - Reuters poll
Source: Reuters
1/06/2021 3:43:05 PM
COVID-19 toll on Indian economy deepens, jobs crisis to worsen - Reuters poll BENGALURU - India's economic outlook has weakened again, albeit slightly, with worst-case scenario forecasts suggesting the toll from the coronavirus pandemic could be much deeper, stoking fears the job crisis may worsen over the coming year, a Reuters poll found. Renewed restrictions to curb the current coronavirus wave have stalled economic activity, leaving many millions out of work and pushing economists - who have broadly been bullish - to downgrade their views for the second time...
COVID-19 toll on Indian economy deepens, jobs crisis to worsen - Reuters poll
COVID-19 toll on Indian economy deepens, jobs crisis to worsen - Reuters poll
Source: Reuters
28/05/2021 8:43:24 AM
World stocks to rise modestly, correction unlikely - Reuters poll BENGALURU  - World stocks will continue to rise this year on robust economic and earnings recoveries but any quickening of inflation would temper that enthusiasm, according to Reuters polls of analysts, a majority of whom said a near-term correction was unlikely. Around this time last year, global equity markets were haemorrhaging from the pandemic-driven economic damage but that was followed by a huge upswing, boosted by unprecedented stimulus and the recovery at hand. While stock...
World stocks to rise modestly, correction unlikely - Reuters poll
World stocks to rise modestly, correction unlikely - Reuters poll
Source: Reuters
27/05/2021 9:03:40 AM
Indian stocks to nudge past February`s record high by year-end - Reuters poll BENGALURU  - India's main stock index will exceed the record high it hit before the latest coronavirus wave took hold by year-end, according to a Reuters poll of analysts, most whom predicted modest growth and limited downside risks. After India's worst economic performance in four decades in 2020, a resurgence of COVID-19 cases and a floundering vaccine drive has once again hurt the world's second most populous country's economy, and briefly, its burgeoning equity mar...
Indian stocks to nudge past February`s record high by year-end - Reuters poll
Indian stocks to nudge past February`s record high by year-end - Reuters poll
Source: Reuters
27/05/2021 8:45:52 AM
Global property markets ready to soar this year: Reuters poll BENGALURU  - Residential property markets in major economies will soar this year on huge monetary and fiscal support and amid a recovery from the pandemic, according to Reuters polls, which showed risks for prices skewed to the upside. Average home selling prices have hit eye-watering levels in 2021 in some countries. That trend is expected to continue, driven by low mortgage rates, swift vaccine rollouts and the easing of restrictions after deep pandemic-induced recessions last year....
Global property markets ready to soar this year: Reuters poll
Global property markets ready to soar this year: Reuters poll
Source: Reuters
25/05/2021 9:47:00 AM
Coronavirus wave flattens Indian housing market views: Reuters poll BENGALURU  - Indian house prices will stagnate this year, hurt by a devastating second wave of the coronavirus which has crushed demand and offset government tax rebates and incentives for property developers, a Reuters poll showed. Asia's third-largest economy has become the global epicentre of the pandemic, with around 26 million cases and about 290,000 deaths so far, pushing several states to reimpose restrictions, stalling business activity. That means average house prices ...
Coronavirus wave flattens Indian housing market views: Reuters poll
Coronavirus wave flattens Indian housing market views: Reuters poll
Source: Reuters
21/05/2021 10:22:30 AM
Benign food prices likely dragged India's April inflation to three-month low - Reuters poll BENGALURU- Indian retail inflation likely eased to a three-month low in April on softening prices for vegetables and other perishable foods, a Reuters poll suggested, bringing the headline rate closer to the midpoint of the Reserve Bank of India's medium-term target. That reprieve would provide policymakers with some relief as they seek to keep prices under control amid growing risks that state-wide lockdowns and curfews imposed to tackle a record surge of COVID-19 cases could disrupt ...
Benign food prices likely dragged India's April inflation to three-month low - Reuters poll
Benign food prices likely dragged India's April inflation to three-month low - Reuters poll
Source: IANS
11/05/2021 9:54:47 AM
India`s retail inflation likely rose in March but stayed within target: Reuters poll BENGALURU- India's retail inflation edged up to a four-month high in March, led by an increase in food and fuel prices, but remained within the Reserve Bank of India's target range, a Reuters poll predicted. The April 5-8 poll of more than 50 economists showed retail inflation rose to 5.40% in March from a year earlier as opposed to 5.03% in February. Forecasts ranged from 4.60% to 6.11%. "Although India's core inflation has remained elevated for a while, the recent acc...
India`s retail inflation likely rose in March but stayed within target: Reuters poll
India`s retail inflation likely rose in March but stayed within target: Reuters poll
Source: Reuters
9/04/2021 9:56:28 AM
Investors turn short on most Asian currencies, cut long bets on yuan sharply: Reuters poll BENGALURU - Investors cut long bets sharply on the Chinese yuan while turning short on most other Asian currencies, a Reuters poll showed, as U.S. economic growth and rising Treasury yields bolstered the dollar. Expectation that the U.S. economic recovery will far outpace the rest of the world has seen Treasury yields on the rise and is giving the dollar an added boost, sapping appetite for emerging market currencies and bonds that traditionally yield more though are considered riskie...
Investors turn short on most Asian currencies, cut long bets on yuan sharply: Reuters poll
Investors turn short on most Asian currencies, cut long bets on yuan sharply: Reuters poll
Source: Reuters
11/03/2021 11:17:58 AM
China's factory activity growth likely moderated during February holiday lull: Reuters poll BEIJING - China's factory activity likely grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed by an early resumption of production. The official manufacturing Purchasing Manager's Index (PMI) is expected to dip marginally to 51.1 in February from 51.3 in January, according to the median forecast of 20 economists polled by Reuters. A reading above 50 indicates an expa...
China's factory activity growth likely moderated during February holiday lull: Reuters poll
China's factory activity growth likely moderated during February holiday lull: Reuters poll
Source: Reuters
26/02/2021 10:52:06 AM