ASXPAC – Page 11 – Money Lowdown

Dollar eyes best week against yen in three months; cryptos leap

November 10, 2023

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3,...

Funds

US Treasury’s Adeyemo sees more actions against Hamas in coming days, weeks

November 9, 2023

NEW YORK/WASHINGTON, Nov 9 (Reuters) - U.S. Deputy Treasury Secretary Wally Adeyemo told Reuters NEXT on Thursday that the U.S....

Stock Market

Yields jump, stocks fall as Powell suggests higher rates possible

November 9, 2023

Wall St falls after Powell comments, Treasury auctionUS yields surge after Powell, 30-year auction disappointsBrent ends at over $80/bbl after...

Currencies

FOREX Dollar ticks higher ahead of Fed chair remarks

November 9, 2023

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsEuro...

Banking

Russia’s depleted workforce threatening economic growth, says central bank

November 9, 2023

Pedestrians walk past the Central Bank headquarters in Moscow, Russia, August 15, 2023. REUTERS/Shamil Zhumatov/File photo Acquire Licensing RightsThis content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Nov 9 (Reuters) - Russia's depleted labour force is causing acute labour shortages and threatening economic growth, Central Bank Governor Elvira Nabiullina said on Thursday, as Moscow pumps fiscal and physical resources into the military.Russia's military production focus as it prosecutes what it calls a "special military operation" in Ukraine is pulling funds away from...