And so a speech from New York Fed chief John Williams make give a better steer on current thinking. Markets are now priced for a Fed ‘terminal rate’ in the 5.25-5.50% range by July and no cut from there by year-end. European central bankers are also talking tough as the region’s economies dodge recession and inflation stays high. But geopolitical concerns rankle again ahead of Friday’s anniversary, with Russia unilaterally withdrawing from a key nuclear arms control treaty. As G20 finance chiefs meet in India, the world is watching closely the extent of the alliance between Beijing and Moscow.
By Stella QiuSYDNEY (Reuters) – Asian shares were flat and Treasuries held onto gains on Friday ahead of the U.S. non-farm payrolls data, the next big test for investors looking for more signs of a shift from the Federal Reserve, while the dollar nursed heavy losses. Nonetheless, the index is set to rise 4.2% for the week, hovering around the highest level since September. The U.S dollar on Friday hovered around its three-month low against a basket of major currencies and was set for a 1.2% weekly drop. The Euro hit a fresh five-month high at $1.0539 while the Japanese yen also scaled a new three-month high against the U.S. dollar. The Aussie dollar dipped slightly to $0.6796, after blowing past major resistance at 68 cents in the previous session, on Fed pivot hopes and China easing its zero-COVID policy.3 months ago 1450 AM 99.7 FM WHTC
By Andrew CawthorneBIRMINGHAM, England (Reuters) -Arsenal reinvigorated their push for a first Premier League title in two decades and retook top spot on Saturday with a thrilling 4-2 win at Aston Villa thanks to two late goals. The result put the Gunners back on top with 54 points after 23 games, three points above Manchester City who go to Nottingham Forest later on Saturday for their 24th match. Zinchenko then levelled for Arsenal in the 62nd minute with a low drive past former Arsenal keeper Martinez. Villa striker Watkins was left scratching his head after the defeat left his side 11th with 28 points from 23 matches. A good team like Arsenal punished us at the end of the day.1 month ago 1450 AM 99.7 FM WHTC
“Cristiano Ronaldo talks to me and everyone in the team. He’s our leader and always tries to help,” Ramos said after netting the first hat-trick of the tournament in Qatar. “We did not show the mentality that we usually bring onto the pitch,” Sommer said. “Today we have to apologise to all of Switzerland, that was not our true face tonight. The coach gave us a plan but it unfortunately did not work out for us.3 months ago 1450 AM 99.7 FM WHTC | Holland
The Spanish coach insisted his side should play their trademark pass-heavy style of football that helped them lift the World Cup in 2010. Spain arrived in Qatar under little pressure from supporters at home, with the third-youngest squad at the tournament. Against Costa Rica, six different players got on the score-sheet, suggesting the pre-tournament criticism that the team lacked an out-and-out goalscorer was misplaced. But as the tournament progressed there were warning signs that their hammering of Costa Rica might prove to be a mirage in the Arabian Gulf. It also remains to be seen if Luis Enrique stays on as coach with reports of interest from leading European clubs.3 months ago 1450 AM 99.7 FM WHTC | Holland
By Nupur Anand and Siddhi NayakMUMBAI (Reuters) – Some of India’s leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed by the central bank, assuaging fears of default risks from their exposure to the conglomerate. Public sector banks in India have in the past been hit by massive corporate defaults. The board will take any decision on the bank’s exposure to the group only after that, the official said. The Adani Group comprises the flagship Adani Enterprises Ltd, as well as Adani Ports and Special Economic Zone Ltd, Adani Power Ltd, Adani Green Energy Ltd and Adani Transmission Ltd. For public sector banks, the debt is at 0.7% of total loans and for private banks, it is at 0.3%.2 months ago WHTC
All three sides are nine points off the top four, with Chelsea having played 20 games to Liverpool and Brentford’s 19 apiece. Chelsea are now without a win in their last six league games on the road, their longest comparable run in the competition since September-December 2015. “We defended in the second half with passion and clear organisation, but we were too deep in these moments. Everton offered little in attack, with away supporters again calling for the club’s board to resign throughout the clash. They have collected just 15 points from their 20 league this season — their fewest points won after 20 games of any league campaign in their history.2 months ago WHTC
By Lucy CraymerWELLINGTON (Reuters) – New Zealand’s main opposition party leader and top prime ministerial contender, Christopher Luxon, wants to change the central bank’s mandate and reverse some of former leader Jacinda Ardern’s polices if he is elected. Luxon’s conservative, centre-right National Party is leading over the governing centre-left Labour Party in opinion polls. There is a general election set for October and with inflation tracking near three-decade highs the cost of living is the key election issue. Luxon said if elected prime minister, he would change the mandate of New Zealand’s central bank to focus solely on inflation, provide tax relief and widen immigration settings in an effort to dampen price inflation. Critics say the dual focus has contributed to inflation tracking at near three-decade highs, which has led to aggressive interest rate increases.2 months ago WHTC