NEW YORK (Reuters) - Goldman Sachs cut its GDP forecast in 2022 to 3.2% from a consensus 3.8% as U.S. growth is likely to slow abruptly early in the year as fiscal support fades and the Omicron coronavirus weighs.
SINGAPORE, Feb 3 (Reuters) - Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases.
SINGAPORE : The dollar found a footing in Asia on Thursday, pausing the week's slide as a slump in tech and social media stocks soured appetite for riskier currencies, and as traders awaited central bank meetings in Britain and Europe.
BENGALURU, Feb 3 (Reuters) - The U.S. dollar will reign supreme for at least another 3-6 months, a Reuters poll of strategists found, saying it will take a significant change in market expectations for Federal Reserve rate hikes to push it higher.
Asian stock markets are trading mixed on Thursday, following the broadly positive cues overnight from Wall Street, as traders are cautious ahead of the monetary policy announcements from the Bank of England and the European Central Bank for clues about rates. Traders also remain concerned about the raging spread of the coronavirus omicron variant across the globe and its impact on the pace of economic recovery from the pandemic. Asian markets closed mostly higher on Wednesday.
BEIJING (Reuters) - Growth in China's factory activity slowed in January as a resurgence of COVID-19 cases and tough lockdowns hit production and demand, but the slight expansion offered some signs of resilience as the world's second-largest economy enters a likely bumpy new year.