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Israel economy grew 2.5% in Q4, 1% in 2024, statistics bureau
TEL AVIV, Feb 17 (Reuters) - Israel's economy grew less than expected in the fourth quarter of 2024, with the war in Gaza against Palestinian Islamist group Hamas taking its toll.The Central Bureau of Statistics said in an initial estimate on Monday that gross domestic product ILGDPP=ECI grew by...Reuters
Mon, Feb 17
Japan's GDP Expands for 3 Consecutive Quarters: Will the BOJ Hike Rates Sooner? Trump Matters!
With the release of Japan's Q4 2024 GDP data, the case for the Bank of Japan (BOJ) raising interest rates in January has become more solid, and the market is beginning to consider the possibility of the BOJ raising rates sooner. However, Trump's tariffs remain a risk factor.
Japan's 10-year JGB yield hits 15-year high as GDP beats expectations
TOKYO, Feb 17 (Reuters) - Shorter-duration Japanese government bond (JGB) yields rose on Monday, with the 10-year yield hitting a 15-year high after data revealed that the economy expanded more than expected in the fourth quarter, boosting bets for an interest rate hike.Reuters
Mon, Feb 17
RPT-IFC chief says it is doubling down on Pakistan, eyeing large infrastructure financing
Repeats story from Friday with no changesIFC chief says $2 billion annual investment in Pakistan not hard targetEyeing investment in infrastructure, agriculture, digital and financial sectorsCountry needs investment in big projects such as airports, energy and portsBy Ariba Shahid ISLAMABAD, Feb ...Reuters
Mon, Feb 17
Japan's GDP beats forecasts as consumption, business spending perk up
Q4 GDP rises annualised 2.8% vs forecast 1.0%Consumption growth slows to 0.1%; capex upGrowth momentum among factors BOJ sees key to further rate hikesAdds analyst comments, contextBy Makiko Yamazaki and Satoshi Sugiyama TOKYO, Feb 17 (Reuters) - Japan's economy grew faster than expected in t...Reuters
Mon, Feb 17
Japan’s Hayashi: Will respond carefully to potential impacts of Trump’s tariffs
Japanese Chief Cabinet Secretary Yoshimasa Hayashi noted on Monday that “Japan faces significant challenges if its companies become targets amid US President Donald Trump's policies; the government will respond carefully to potential impacts.” Additional quotes Exports, particularly in services, demonstrated growth, counterbalancing the decline in domestic demand, while the year's value rose by 2.9% year-on-year, exceeding 609.3 trillion yen for the first time.Fxstreet
Mon, Feb 17
PBOC Governor Pan: Will continue to let the market play a decisive role in deciding the Yuan exchange rate
Speaking at the AlUla Conference for Emerging Market Economies in Saudi Arabia on Sunday, People's Bank of China (PBOC) Governor Pan Gongsheng said that the central bank “will continue to let the market play a decisive role in deciding the Yuan exchange rate.” Additional quotes Emphasized that a stable yuan is crucial for global financial and economic stability.
Fxstreet
Mon, Feb 17
