Asian shares advanced with US and Europe futures on Thursday, extending a rally on Wall Street after Federal Reserve Chair Jerome Powell said the central bank had made progress in its battle against inflation.
Australia plans to drop the head of the British royal family from its five-dollar banknote in favor of a design that honors the culture of the country’s Indigenous people.
South Korea’s inflation accelerated again in January, keeping open the possibility of further central bank policy tightening even as the nation’s economy weakens.
Oil staged a partial rebound after slumping on Wednesday as the US dollar fell and traders weighed the potential for better demand in China.
The Bank of England on Thursday is likely to deliver its 10th consecutive interest-rate increase alongside forecasts underscoring the risk that inflation becomes more persistent in the UK economy.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}