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Economy

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Canada posts strong job gains in June, raising odds of rate hike

The Cheap InvestorJuly 7, 2023July 7, 20230

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in June, data showed…

  • Business
  • Economy

U.S. equity funds draw inflows for second week amid inflation relief

The Cheap InvestorJuly 7, 2023July 7, 20230

(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5,…

  • Business
  • Economy

Fed interest-rate hike seen a lock for July

The Cheap InvestorJuly 7, 2023July 7, 20230

(Reuters) -The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet…

  • Business
  • Economy

Instant View: June US jobs growth cooled, but wages won’t comfort Fed

The Cheap InvestorJuly 7, 2023July 7, 20230

NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but…

  • Business
  • Economy

Global investors extend buying streak into equity funds on signs of easing inflation

The Cheap InvestorJuly 7, 2023July 7, 20230

(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from…

  • Business
  • Central America

Mexican inflation continues downward trend in June

The Cheap InvestorJuly 7, 2023July 7, 20230

MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from…

  • Asia
  • Business

China fines Ant 7.1 billion yuan

The Cheap InvestorJuly 7, 2023July 7, 20230

BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group….

  • Business
  • Economy

Continental to phase out activities at Gifhorn plant by end of 2027

The Cheap InvestorJuly 7, 2023July 7, 20230

BERLIN (Reuters) -Continental said on Friday it planned to phase out business activities at its Gifhorn plant by the end…

  • Business
  • Economy

Investors focused on June US jobs data after yields spike

The Cheap InvestorJuly 7, 2023July 7, 20230

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are on edge ahead of Friday’s U.S. jobs report after more evidence…

  • Business
  • Economy

Cash assets under management reach ‘monster $7.8tn’ – BofA

The Cheap InvestorJuly 7, 2023July 7, 20230

By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with…

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