Asian shares dip, dollar firms ahead of central bank rate hikes Japan’s Nikkei 0.5% decrease; Australian shares slide 0.7% Greenback drifts greater; US futures fall US yields regular after gaining; oil value rise SYDNEY, Dec 12 (Reuters) – Asian shares dipped on Monday whereas the greenback drifted greater at the beginning of a busy week, as markets awaited a flurry of price selections from the … Read more

US heading for shallow recession, no respite yet from rate hikes: Reuters poll

BENGALURU, Dec 9 (Reuters) – The US financial system is headed for a brief, shallow recession over the following 12 months, based on economists polled by Reuters, who have been unanimous in anticipating the US Federal Reserve to go for a hike. decrease than the rate of interest of fifty foundation factors on December 14. … Read more