Analysis: Currencies

Japan cuts growth forecast on US tariffs drag, weaker consumption

TOKYO -Japan's government cut its growth forecast for this fiscal year on Thursday as U.S. tariffs slow capital expenditure and persistent inflation weighs on private consumption, threatening a...

Wall Street mixed as oil prices decline for 6th session

NEW YORK/LONDON -Major Wall Street indexes were mixed on Thursday, with the Dow and S&P 500 ending lower, as European stocks closed at a one-week high on strong financial stocks and hopes of a...

Trump says he will pick a 'temp' replacement for Fed's Kugler in days

WASHINGTON -U.S. President Donald Trump said on Wednesday he would likely in the next two to three days nominate a candidate, out of a short-list of three, to serve the remaining months of a...

On eve of US tariffs, Brazilian beef exports hit record high in July

SAO PAULO -Exports of fresh beef from Brazil reached a record 276,900 metric tons in July, according to trade data on Wednesday, showing a steep rise before a hefty U.S. tariff applied on sales from...

Exclusive-'I won't humiliate myself': Brazil's president sees no point in tariff talks with Trump

BRASILIA -As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil's President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks now with U.S....

Japan's real wage falls for sixth straight month in June

TOKYO -Japan's real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns about consumption-led...

Trump's attacks on Fed, data integrity weigh on US dollar forecasts

BENGALURU -The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the credibility of official statistics, ballooning fiscal debt and...

Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

WASHINGTON -U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's Board of Governors by the end of the week, and had separately...

Brazil's iFood app announces $3.1 billion in investments

SAO PAULO -Brazilian food delivery app iFood, owned by Dutch investment group Prosus, announced on Tuesday direct investments of 17 billion reais in the country between April 2025 and March 2026. ...

Euro zone business growth inched up in July but remained subdued, PMI shows

LONDON -Business activity in the euro zone grew at a slightly faster pace in July than in June but remained sluggish as demand dipped, a survey showed on Tuesday. The HCOB Eurozone...

Exclusive-Fed's Daly says time is nearing for rate cuts, may need more than two

San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that the U.S. job market is softening and no signs of persistent tariff-driven inflation, the time...

Brazil chooses local relief over retaliation for US tariffs, sources say

BRASILIA -Brazil's government has set aside for now plans for direct retaliation against steep U.S. tariffs taking effect this week, focusing instead on a relief package for industries hit hardest by...

Payrolls soft, messenger fired

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Whatever the market take was from Friday's surprisingly soft U.S. payrolls...

Buy the dip, we can worry about jobs later

A look at the day ahead in European and global markets from Wayne Cole. It's been a case of buy the dip so far on Monday as U.S. and European stock futures edge up, along with the...

Brazil's Azul secures $650 million investment commitment

SAO PAULO -Brazilian airline Azul said it signed an agreement with certain stakeholders for a $650 million investment in a future capitalization deal, according to a late Friday securities filing. ...

Investors react to Kugler's resignation, firing of  BLS commissioner

The Federal Reserve said on Friday that Governor Adriana Kugler was resigning from the central bank effective Aug. 8. Separately, U.S President Donald Trump ordered that the...

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious...

Trump says Fed's Powell should be put 'out to pasture'

U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be put out to pasture. He made the comments in a Truth Social post, where he ordered the...

US labor market cracks widen as job growth hits stall speed

WASHINGTON -U.S. employment growth was weaker than expected in July while the nonfarm payrolls count for the prior two months was revised down by a massive 258,000 jobs, suggesting a sharp...