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BENGALURU Australian housing market activity won't recover from the recent slowdown for at least a year as dwindling household incomes and soaring unemployment hammer demand, causing home prices to fall this year and next, a Reuters poll of analysts showed.
JOHANNESBURG/BUENOS AIRES/BENGALURU Most major emerging market currencies will hold gains made since March's coronavirus-driven drop into next year, supported by a weaker outlook for the dollar and hopes of domestic economic recoveries, a Reuters poll of FX strategists showed.
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BENGALURU, Sept 3 Activity in India's crippled
services industry fell for a sixth straight month in August as
coronavirus restrictions continued to hurt business operations
and demand, causing the longest streak of job losses on record,
an industry survey showed.
BENGALURU India's retail inflation edged up slightly in July due to higher food prices, remaining firmly above the RBI's medium-term target of 4% for a 10th straight month, a Reuters poll showed.
BENGALURU/JOHANNESBURG/BUENOS AIRES Emerging market currencies are expected to rise a bit further in coming months as a sliding U.S. dollar offsets domestic worries about large economic imbalances stemming from the coronavirus pandemic, a Reuters poll showed.
BENGALURU India's crippled services industry, the lifeblood of economic growth and jobs, contracted sharply in June as an extended lockdown imposed to stop the spread of the coronavirus stalled business activity, a private sector survey showed.
BUENOS AIRES/JOHANNESBURG/BENGALURU Emerging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemic continues in the second half of the year, driving foreign exchange flows to the safer U.S. dollar, a Reuters poll of market strategists showed.
BENGALURU India's enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near halt, causing steep job losses and cementing fears of a deep recession, a survey showed on Wednesday.