Analysis: Currencies

The art of hogging headlines, using tariffs

A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means of dominating the...

Wealth funds warm to active management - and China - to weather volatility, report shows

LONDON -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an...

Trump says he will speak to Lula at some point as Brazil downplays tariff impact

WASHINGTON/BRASILIA/SAO PAULO -Brazil's government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from...

Asian stocks attract foreign inflows for second month, but tariff outlook clouds

Asian stocks drew foreign inflows for a second straight month in June, buoyed by investors wagering on U.S. Federal Reserve interest rate cuts and a softer U.S. dollar, though gains were capped by...

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had grossly mismanaged the central bank, chastising...

Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open

BRASILIA -Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump's threat of 50% tariffs on Brazilian exports, but vowed to...

Fed considers changes to how it grades big banks

WASHINGTON -The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered well managed, removing a hurdle for potential acquisitions...

IMF says new US tariffs keep trade uncertainty running high

WASHINGTON -The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work...

Fed's balance sheet drawdown likely can continue for some time, Waller says

NEW YORK -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offered a potential...

$4 trillion Nvidia obscures new tariffs

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets If in doubt, latch on to artificial intelligence. Making...

BOJ sees firms taking US tariffs in stride but cautious on outlook

TOKYO -Japanese companies are taking U.S. tariffs in their stride for now, but worry about a potential hit from weakening global demand, the central bank said on Thursday, signalling a prolonged...

Huawei eyes greater role in Brazil data center market

RIO DE JANEIRO -Chinese tech giant Huawei is interested in strengthening and improving its capacity as a supplier of data center solutions, it said in a statement to Reuters on Thursday, clarifying...

Fed minutes show little support for interest rate cut later this month

WASHINGTON -Only a couple of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about...

Trump says U.S. interest rate is at least 3 points too high

WASHINGTON -U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central...

White House adviser Hassett emerging as serious contender for next Fed chair, WSJ reports

WASHINGTON -White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal Reserve, the Wall Street Journal reported on Tuesday, citing people...

In the Fed's hunt for a reason to cut rates, surveys and tariffs make answers elusive 

WASHINGTON -Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining if slowing growth or inflation is the greater risk to the U.S....

Bunge charters first Argentine soy meal cargo to China

BUENOS AIRES/BEIJING -U.S. grains trading group Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, marking the first...

BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says

WASHINGTON -The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called anti-American...

Brazil's auto sales, production dip in June

SAO PAULO -Brazil's auto production fell 6.5% in June from the previous month, totaling 200,764 units, data released by automakers association Anfavea showed on Monday. Auto sales in...