Indonesia's inflation will remain above 5% in the first half of 2023, mainly on high food prices, before falling below 4% in the second half, central bank Governor Perry Warjiyo said on Sunday, warning that the fight to control inflation must continue.
South Korea's consumer prices for February grew at their slowest pace in 10 months, bolstering views that the central bank is done with its current policy tightening cycle after it held rates steady last month.
Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European Central Bank interest rate increase later this month is increasingly certain, ECB President Christine Lagarde told Spanish media group Vocento.
The riskiest part of Japan’s government bond market is having a moment in the sun in the middle of a global debt selloff.
China set a modest target for economic growth this year of around 5% on Sunday as it kicked-off the annual session of its National People's Congress (NPC), which is poised to implement the biggest government shake-up in a decade.
Commodity traders likely saw a record US$115.6 billion in gross margin last year on market volatility driven by Russia’s war in Ukraine, according to a new report.
