Some traders in India’s bond market are betting that the central bank may have actually reached the peak of its rate hikes, even as the monetary authority sounded hawkish in its policy.
Inflation in urban parts of Egypt accelerated to its fastest pace in more than five years as last month’s steep currency devaluation heaped more pressures on consumers in the Middle East’s most populous nation.
Investors in the sizzling rally in global artificial intelligence-related stocks are getting a reality check.
Japan’s ruling party members see the possibility of division within the party if Prime Minister Fumio Kishida’s choice for the new Bank of Japan chief is someone who is unlikely to follow the current path of monetary easing.
Indian central bank’s plan to allow a broader set of investors, including insurers and asset managers, to borrow and lend government debt securities may shield bond bears from short squeezes.
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