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Societe Generale’s Kenneth Broux notes that robust UK GDP and services growth are keeping pressure on the Bank of England (BoE) to hike again, with OIS implying three more moves. Despite this, GBP/USD has reversed sharply.
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The USD/CAD pair is seen consolidating its strong gains registered over the past week or so, trading near a one-month top, around mid-1.4200s during the first half of the European session on Friday.
DBS Group Research forecasts Japan’s real GDP to grow 0.8% in Q3, supported by AI-driven exports and stronger wage-led consumption.
Hoban Group is facing a strategic dilemma over its next move in its ongoing ownership battle with Hanjin Group Chairman Cho Won-tae, as sharp swings in Hanjin KAL’s stock make it increasingly costly…
Revenue from operations was flat at ₹292 crore in September quarter as against ₹291 crore a year ago
