China's yuan shot up after authorities tweaked cross-border financing rules andwere seen selling dollars, while Turkey's lira was stuck near a record low as its second interest rate hike since President Tayyip Erdogan secured a third decade in power in May underclubbed expectations.
"But there are genuine concerns that if they go too fast they may potentially risk financial stability and shock the economy in general." Bank of Japan Governor Kazuo Ueda said this week there was still some distance to sustainably and stably achieving the central bank's 2% inflation target, dousing speculation of a change to its "yield curve control" policy next week.
Daleep Singh, chief global economist at PGIM Fixed Income, said China's current recovery is unlike others as it relies on consumer-led growth following years of credit fuelled investment in property and infrastructure.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
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World stocks near 15-month high; China data dampens moodWorld shares were steady near their recent 15-month highs and the dollar held close to a one-year low on Tuesday as investors paused to take stock of weak economic data from China and waited for U.S. retail sales data.
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Asia stocks nudge higher, gains capped by China worriesAsian shares inched higher on Thursday as investors took stock of corporate earnings and looked ahead to central bank meetings next week, while disappointing earnings results from Netflix and Tesla pushed U.S. futures lower.
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Stocks climb, sterling weighed down as UK inflation slowsEuropean stocks and government bonds rallied on Wednesday as good news on UK inflation added to a picture of cooling price pressures globally, although the data slammed the brakes on sterling's recent winning streak.
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Global stocks rise, dollar gains as UK inflation bolsters sentimentGlobal stocks rose and the dollar strengthened on Wednesday after a surprise cooling of British inflation bolstered the risk-off sentiment across markets that anticipate the Federal Reserve next week to hike interest rates for the last time.
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