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Macroeconomics

Dollar holds onto gains ahead of US jobs data; sterling slips

By Tom Westbrook SINGAPORE (Reuters) -The dollar held steady in Asia on Friday and looked set to extend its longest weekly winning streak in over a year, underpinned by rising...

Morning Bid: Looming payrolls keep bond bears hungry

A look at the day ahead in European and global markets from Stella Qiu Most stocks in Asia are down on Friday, following the lead of Wall Street futures, ahead of the...

Slow, steady US job growth seen in December

By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely slowed to a still-healthy clip in December while the unemployment rate held steady at 4.2%, reinforcing the Federal...

China's central bank halts bond buying, possibly with eye on yuan

SHANGHAI (Reuters) -China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at...

China's Dec exports likely gained momentum ahead of tariff uncertainty: Reuters poll

By Ethan Wang and Joe Cash BEIJING (Reuters) - China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead...

India consumer inflation likely eased in December: Reuters poll

By Vivek Mishra BENGALURU (Reuters) - Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of economists showed,...

Japan November household spending falls as price pressure persists

TOKYO (Reuters) - Japanese household spending fell 0.4% in November from a year earlier, internal affairs ministry data showed on Friday. That compared with the median market...

Peru central bank cuts benchmark interest rate to 4.75%

LIMA (Reuters) - Peru's central bank trimmed its benchmark interest rate by 25 basis points to settle at 4.75% on Thursday, surprising analysts who expected the country's monetary...

Bank of America bonuses for investment bankers to rise about 10%, source says

By Saeed Azhar NEW YORK (Reuters) - Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters. While...

LA wildfire insured losses total billions of dollars, ratings agencies say

LONDON (Reuters) - The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on Thursday, though many homes are...

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