Bloomberg
RBA Surprises With Half-Point Hike
The Reserve Bank of Australia raised its cash rate by 50 basis points to 0.85%, citing accelerating customer prices for its decision on Tuesday. Manus Cranny reports on Bloomberg Television.
Bloomberg
Emerging Market Assets to Perform Well When Fed Stops Hiking: Eaton Vance
Akbar Causer, portfolio manager at Eaton Vance, which is part of Morgan Stanley's asset management division, discusses the outlook for emerging-market assets and the opportunities he sees. He speaks with Shery Ahn, Haidi Stroud-Watts...
Bloomberg
Powell, Draghi, Kuroda, Lowe Speak at ECB Forum
Jun.20 -- Federal Reserve Chairman Jerome Powell, European Central Bank President Mario Draghi, Bank of Japan Governor Haruhiko Kuroda and Reserve Bank of Australia Governor Philip Lowe speak on a panel at the ECB's Central Banking Forum...
Bloomberg
Asian Banks in 'Very Good Position,' UBS Global Wealth Management Says
Kelvin Tay, chief investment officer for South Asia Pacific at UBS Global Wealth Management, discusses the outlook for Asian economies including Singapore, the region's financial markets and central banks' policies, and the opportunities...
Bloomberg
How Will BOE Halt Panic Over the Pound?
The Bank of England may need to step in with an emergency rate rise to calm market nerves about the government's economic plans, Conservative lawmakers said after the pound tumbled to a record low against the dollar. Bloomberg's Guy...
Bloomberg
IMF's Dire Picture for China's Property Market
New research from the IMF is showing a dire picture for China's property market. The fund says 45 percent of developers might NOT be able to cover their debt obligations with earnings, and 20 percent could become insolvent if their...
Bloomberg
Fed's Daly on Rate Hikes, Inflation, Policy Coordination
Federal Reserve Bank of San Francisco President Mary Daly says she doesn't expect interest rates to come down next year. Speaking with Mike McKee on "Bloomberg Markets," Daly also discusses current inflation levels and her views on...
Bloomberg
Russia's Novak on OPEC+ Cut, Production, Oil-Price Cap
Russian Deputy Prime Minister Alexander Novak discusses the 2 million barrel-a-day oil supply reduction OPEC+ announced on Wednesday, Russia's crude oil production plans, and the impact of a proposed price cap on his nation's oil...
Bloomberg
Pakistan Central Bank Sees Moderation in Inflation, Growth
State Bank of Pakistan Governor Reza Baqir discusses the outlook for the economy, monetary policy and the local currency. The central bank on Monday held its benchmark interest rate steady for the first time in four meetings, opting to...
Bloomberg
India's Central Bank Keeps Rate Steady to Support Recovery
Reserve Bank of India Governor Shaktikanta Das discusses monetary policy and the outlook for the economy. The central bank stuck to its dovish tone to ensure an economic recovery, diverging from an increasing number of global policy...
Bloomberg
HSBC Sees Bank of England Hiking Bank Rate to 4.25% by 1Q 2023
Janet Henry, global chief economist at HSBC Holdings Plc, discusses the state of the UK economy and Bank of England's policy. She also talks about rising inflation in European economies, the implications for European Central Bank policy,...
Bloomberg
US Banks Sitting on Billions of Losses
Unrealized losses among US lenders have been growing rapidly under the Federal Reserve's aggressive rate-hike regime, even before the Silicon Valley Bank's collapse. David Ingles reports on Bloomberg Television.
Bloomberg
British Pound in Crisis Mode
Patrick Honohan, former governor of the Central Bank of Ireland, discusses UK market selloff. He speaks with David Westin on Bloomberg's "Balance of Power."
Bloomberg
Doesn't Need to Be a Recession in New Zealand: Robertson
New Zealand Finance Minister and Deputy Prime Minister Grant Robertson discusses Reserve Bank of New Zealand policy, the economy and the country's labor shortage. He speaks exclusively on Bloomberg Television.
Bloomberg
Asian Currencies Face Pressure; Pound at Record Low
Asian currencies including the Japanese yen and the Chinese yuan continue to struggle, while the British pound trades around a record low. Mark Cranfield reports on Bloomberg Television.
Bloomberg
Base Case US Recession Will Be Mild, Says Citi's Clark
Veronica Clark, US economist at Citigroup Inc., discusses a possible recession in the US economy, the labor market and her outlook for Federal Reserve policy. She speaks on Bloomberg Television on the sidelines of Citi's Australia & New...
Bloomberg
30-Year Treasuries Favored, PineBridge Investments Says
Michael Kelly, global head of multi-asset at PineBridge Investments, discusses the volatility in financial markets, the opportunities he sees, and Federal Reserve policy. He also talks about the outlook for China's economy, and the...
Bloomberg
Emerging Southeast Asia Favored, K2 Asset Management Says
George Boubouras, head of research at K2 Asset Management, discusses the outlook for global financial markets, monetary and fiscal policies, and the opportunities he sees. He speaks with Haidi Stroud-Watts and Kathleen Hays on "Bloomberg...
Bloomberg
Fed Bets Batter US Bond Yields
The one-day drop in two-year yields was the biggest since the Volcker era in the early 1980s and surpassed the period surrounding the Black Monday stock market crash of 1987. The move comes as traders radically rethought their...
Bloomberg
JPMorgan Asset Management Has Been Net Short U.S. Treasuries: Liang
Jonathan Liang. head of investment specialists, Asia ex-Japan, global fixed income, currency and commodities group at JPMorgan Asset Management, discusses Federal Reserve policy and its implications for financial markets. He speaks with...
Bloomberg
UK Markets Turmoil: Can Truss Restore Calm?
The British government says it will push ahead with its budget plan despite the Bank of England's dramatic intervention to stave off an imminent crash in the gilt market as the fallout from Prime Minister Liz Truss's tax cuts rip through...
Bloomberg
We Are in Some Kind of Global Recession, Morgan Stanley Says
Jonathan Garner, chief Asia and emerging markets strategist at Morgan Stanley, discusses the outlook for Asian markets, the opportunities he sees, Federal Reserve policy and the global economy. He also talks about...
Bloomberg
HDFC, HDFC Bank Merger Good For India Banking: Subbarao
Former Reserve Bank of India Governor Duvvuri Subbarao discusses the HDFC and HDFC Bank merger, the risks for India's economy and RBI policy. He speaks on "Bloomberg Markets: Asia."
Bloomberg
Japanese Economy Will Continue to Recover: Kameda
Former Bank of Japan Chief Economist and Executive Economist at Sompo Institute Plus Seisaku Kameda discusses the economic stimulus package ordered by Japanese Prime Minister Fumio Kishida, the BOJ's latest policy move and the latest...