(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes from the Federal Reserve, though recent data showed a drop in consumer spending. Refinitiv Lipper data showed global equity funds obtained $5.24 billion worth of…
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes from the Federal Reserve, though recent data showed a drop in consumer spending. Refinitiv Lipper data showed global equity funds obtained $5.24 billion worth of…
By Elaine Lies TOKYO (Reuters) – Masami Fujino got his first raise in 20 years recently, but it’s still not enough to let the Tokyo day labourer treat himself to plain McDonald’s hamburgers as much as he used to. “Last year, I finally got a bit of a raise at one place,” said the 54-year-old,…
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite, while the yen eased even as speculation swirls that the Bank of Japan (BOJ) will eventually move away from its ultra-easy policy. The dollar index, which measures the U.S. currency…
A look at the day ahead in European and global markets from Ankur Banerjee With the Year of the Rabbit upon us, the Asian markets shrugged off some of the skittishness seen overnight on Wall Street, attempting a bit of a risk-on rally. Thin liquidity will keep gains capped, though, and fears of an economic…
