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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's 'radical uncertainty' among economists on what will happen at Fed meeting: StrategistGalvin Chia of NatWest Markets discusses interest rate forecasts, which range from a 25 basis point cut to a 50 basis point hike, and says such a "divided economist consensus" hasn't been seen in the last year and a half.
The dollar index , which tracks the greenback against six major peers was at 104.48, steady on the day. "The easy part of the short USD trade is over," said Galvin Chia, emerging markets strategist at NatWest Markets. "Until major releases can change the view, the market bias looks like good news is bad news - a resilient U.S. economy is risk-negative." Something that is bad news for risk sentiment, in this case, the likelihood of higher interest rates, would typically boost safe-haven curencies like the dollar. Reporting by Rae Wee and Alun John; Editing by Lincoln Feast and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Nearly all Fed policymakers favoured a scale down in the pace of interest rate hikes at the U.S. central bank's last policy meeting, minutes from the Jan. 31-Feb. 1 FOMC meeting showed on Wednesday. However, they also indicated curbing unacceptably high inflation would be the "key factor" in how much further rates need to rise. "Many central banks around the world ... are trying to put an emphasis in their determination to combat inflation expectations," said Christopher Wong, a currency strategist at OCBC. The kiwi continued to draw some support from the Reserve Bank of New Zealand's hawkish rate rise on Wednesday, after the central bank signalled further tightening ahead to tame high inflation. "The easy part of the short USD trade is over," said Galvin Chia, emerging markets strategist at NatWest Markets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are unlikely to look to Indian budget for 'telltale signs' on how to trade rupee: StrategistGalvin Chia of NatWest Markets says the Indian budget will be something of a "non-event" for those in Singapore.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese yuan will probably strengthen once headwinds from zero-Covid policy are gone: StrategistGalvin Chia of NatWest Markets discusses the outlook for the Chinese economy and currency.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarbon Disclosure Project: Progress slow on deforestation, water securityDexter Galvin from the Carbon Disclosure Project discusses the need for companies to disclose their carbon emissions and what it will take for a company to step up its environmental leadership.
[1/3] Dec 24, 2022; Cleveland, Ohio, USA; New Orleans Saints quarterback Andy Dalton (14) throws the ball against the Cleveland Browns during the first quarter at FirstEnergy Stadium. Mandatory Credit: Scott Galvin-USA TODAY SportsDec 24 (Reuters) - The National Football League (NFL) was hit by the cold that pummeled the United States on Saturday as fans bundled up to watch late-season showdowns in punishing conditions. Cities from Pennsylvania to Georgia were expected to experience their coldest-ever Christmas Eve as an arctic blast gripped much the United States, roiling travel plans during the busy holiday season. "We are exploring every possibility to minimize non-essential power around the stadium," the team said in a statement on Twitter. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J. To see if history repeats itself with a Cowboys win, or if the Giants can pull off the upset, tune in on Thursday at 4:30 p.m. Bill Belichick’s team could be on the cusp of a hot streak and are hitting the Vikings game at just the right time.
Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Allen's fourth quarter touchdown throw to Dawson Knox capped off a 24-20 victory against the Chiefs. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Democrats cite threats to Social Security, MedicareAs Election Day approaches, Democrats are telling voters that Social Security and Medicare may be at risk if Republicans take control of Congress. Scott has called for reauthorizing Social Security and Medicare every five years in Congress, while Johnson suggests revisiting the programs annually. Minimum wage hikes on the horizonVoters will decide this month whether to make certain raises to the minimum wage in Nebraska, Nevada and Washington, D.C. In Nebraska, the measure would ratchet up the minimum wage to $15 an hour by 2026, up from its current $9. The current minimum wage is $9.50 an hour or $10.50 an hour, depending on if a worker is offered health insurance.
The Cincinnati Bengals lost convincingly to their AFC North division rivals, the Cleveland Browns, on Monday Night Football, their chastening 32-13 loss falling on Halloween. Burrow threw an interception on the opening drive of the game before throwing two touchdowns late on when the match was already running away from the Bengals. Garrett celebrates after making a defensive play during the second half of the game against the Bengals. Moving to a more rushing-heavy approach paid dividends for the Browns as Chubb tore up the previously resolute Bengals defense. Cooper catches the ball for a touchdown while defended by Bengals cornerback Tre Flowers during the third quarter.
The Seahawks have won three of their last four while the Giants are on a four-game win streak. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Just last week, Giants quarterback Daniel Jones earned NFC Player of the Week honors for his performance against the Jaguars. The Jaguars played in London just last year, when quarterback Trevor Lawrence became the first rookie quarterback to win a regular season game in London. Jaguars quarterback Trevor Lawrence is coming off a turnover-free Week 7 against the Giants.
Brian Kemp to become the state’s first Black governor — she’d also be the first Black woman in the country’s history to hold a governor seat. In Maryland, Rep. Anthony Brown could be the state’s first Black attorney general if he defeats Republican Michael Peroutka. Smaller historic races include Rep. Karen Bass’ bid to become Los Angeles’ first Black woman mayor. Flowers would be the first Black woman to hold the office in Alabama, and she’s already made history as the first Black woman from either major party to win the nomination for governor. If successful, she would be the first Black woman elected to the chamber in the state’s history.
CNN —Tom Brady has reaffirmed his commitment to the Tampa Bay Buccaneers after a difficult start to the new season, both on and off the field. Jeff Dean/AP It was tough times for the Tampa Bay Buccaneers and Tom Brady on Sunday against the Carolina Panthers. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. David Richard/AP Tampa Bay Buccaneers wide receiver Breshad Perriman fumbles after catching a pass during the first half against the Green Bay Packers in Week 3. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
CNN —Dallas Cowboys’ quarterback Dak Prescott will be back in action this week after missing the last five games with an injury. Ross D. Franklin/AP Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. The Colts beat their division rivals 34-27 thanks to a last-gasp touchdown from quarterback Matt Ryan to rookie Alec Pierce. Adam Hunger/AP Dallas Cowboys quarterback Cooper Rush celebrates with Dak Prescott after the team's 22-10 win against the Los Angeles Rams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
CNN —Tom Brady has apologized for a “very poor choice of words” after he compared playing in the NFL to a military deployment. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Jasen Vinlove/USA Today Pittsburgh Steelers wide receiver George Pickens makes a sensational, one-handed catch over Cleveland Browns cornerback Martin Emerson Jr. on September 22. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
A law set to go into effect in 2023 in Massachusetts would enable immigrants with non-legal status to obtain a driver’s license. The bill would eliminate a restriction that says a driver’s license cannot be issued unless a person has lawful presence in the United States. “This bill [HB 4805] also fails to include any measures to distinguish standard Massachusetts driver’s licenses issued to persons who demonstrate lawful presence from those who do not. Cecilia Calabrese, a Republican candidate for Massachusetts State Senate, wrote on Twitter: “Because in Massachusetts when you get a Driver’s License you are AUTOMATICALLY registered to vote! Unlawful voter registration and unlawful voting are both deportable offenses (see “falsely claiming citizenship” and “unlawful voters”) (here).
"It's a catch-up, or catch-down, kind of effect," said Galvin Chia, an emerging markets strategist at NatWest Markets. "There are some exceptional factors, but none of these would provide that kind of panacea for underlying risks that remain." Indonesia's foreign exchange reserves fell by $1.4 billion last month to $130.8 billion, due to debt payments and Bank Indonesia's efforts to stabilise the rupiah. read moreData for September also showed a surge in Indonesia's inflation to a seven-year high, reflecting a jump in fuel prices. "If you look at consumption, look at credit growth, everything is domestic, unlike the other export markets in Asia.
Toqio, a London-based fintech SaaS startup, has raised $19.2 million in Series A funding. The startup's platform enables companies to launch their own fintech products. London-based fintech startup Toqio has raised $19.2 million in fresh funding. Companies can access a range of different banking and embedded finance products from the startup's platform. The startup believes its platform and marketplace offer a more cost-efficient way for companies to launch their own financial products.
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