News

Australia retail sales slide in August, but relief in sight

SYDNEY, Sept 28 (Reuters) – Australian retail sales dived for a third straight month in August as half the population were trapped in coronavirus lockdowns, though reopening is in sight as vaccinations race toward world-beating levels. Figures from the Australian Bureau of Statistics on Tuesday showed retail sales fell 1.7% in August to A$29.3 billion […]
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U.S. dollar rises, lifted by higher Treasury yields

NEW YORK/LONDON (By Gertrude Chavez-Dreyfuss, Ritvik Carvalho-Reuters) -The U.S. dollar gained for a second straight session on Monday, bolstered by the rise in Treasury yields ahead of a slew of Federal Reserve speakers this week who could reinforce expectations of the start of asset purchase tapering before the end of the year. U.S. benchmark 10-year […]
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Dollar climbs as Evergrande uncertainty percolates

NEW YORK (Reuters) – The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session. China Evergrande Group owes $305 billion and has run […]
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