A look at the day ahead in European and global markets from Tom WestbrookKazuo Ueda, who takes over as Bank of Japan governor in April, does not give the impression of a man in a hurry.His surprise nomination for the job sent markets into a tizz a couple of weeks back as investors took the appointment
Kazuo Ueda, who takes over as Bank of Japan governor in April, does not give the impression of a man in a hurry.
Yet as he fronted his confirmation hearing before parliament on Friday, he sounded very much like incumbent Haruhiko Kuroda. It will take"some time" to achieve desired inflation, he said."It's important to maintain monetary easing," he said. That could perhaps hold things until next week, when Tokyo CPI is due. Inflation hit a four-decade high last month, Friday figures showed, and the Tokyo reading is a reliable indicator so will be closely watched.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marketmind: Hang on a minuteA look at the day ahead in U.S. and global markets from Mike DolanOnly seven weeks into the new year and many of the year's favoured investments look spent already - or at least they require something of a rethink.With Wall St stocks clocking their worst day of 2023 on Tuesday, many of the big consensu
Read more »
MarketMind: Not if or when but how fast?A look at the day ahead in European and global markets from Anshuman Daga:Is it really good news? Probably yes, probably not.Economies from the United States to Germany to Britain are showing an unexpected pick-up in business activity, but markets are again giving a thumbs-down to these indicators.
Read more »
Marketmind: BOK steadyA look at the day ahead in Asian markets from Jamie McGeever.An interest rate decision from South Korea takes center stage in Asia on Thursday, in the midst of a widespread selloff in risk assets on growing fears that the Fed will keep U.S. interest rates higher for longer to quell inflation.Asian
Read more »
'Play with nine strikers!': Guardiola plots European progressLEIPZIG: Manchester City manager Pep Guardiola joked he could throw caution to the wind to finish off Leipzig in the Champions League by fielding 'nine strikers'. City were held to a 1-1 draw in Germany on Wednesday (Feb 22) in the first leg of their last 16 tie with Riyad Mahrez's opener cancelled out by
Read more »
European Commission bans TikTok on official devicesBRUSSELS: The European Commission has banned TikTok on official devices used by staff amid concerns over data protection, a spokesperson told AFP on Thursday (Feb 23). The ban also means European Commission staff cannot use the Chinese-owned video-sharing app on personal devices including phones that have
Read more »
Union breeze past Ajax 3-1 on glorious European nightBERLIN : Union Berlin cruised past Ajax Amsterdam 3-1 on Thursday to book a spot in the Europa League round of 16 with the club's biggest European victory to date.The Berliners, in the Bundesliga only since 2019, advanced 3-1 on aggregate after a goalless playoff first leg in Amsterdam, amid wild celebrat
Read more »