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Deutsche Bank sees deeper selloff in US stocks, boosts China call

  Bloomberg Deutsche Bank AG is betting the diverging policy paths between the Federal Reserve and the People’s Bank of China will result in US equities correcting further and China’s getting a boost, joining several other Wall Street banks in making the call. The German lender’s international private banking unit downgraded US equities to neutral from overweight last week, scrapping ...

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Polish central bank to welcome stronger zloty

  Bloomberg A stronger zloty would amplify the impact of Polish interest-rate increases, central bank Governor Adam Glapinski said, pledging to do whatever it takes to drive down spiraling inflation. “Today, the appreciation of the exchange rate would support monetary tightening and would be consistent with the direction of the central bank’s actions,” he said in response to questions from ...

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RBA chief Lowe flags rate rise possibility this year

  Bloomberg Australia’s central bank chief Philip Lowe signalled for the first time that interest rates could rise this year if faster wages growth returns inflation sustainably to the 2-3% target. That is “a plausible scenario” depending on how events unfold, but there are plenty of other scenarios as well, Lowe said in comments that increased his room for maneuver ...

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