Analysis: Currencies

$4 trillion Nvidia obscures new tariffs

LONDON - 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 AI-chip monster Nvidia the first...

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 pause...

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 such...

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 policy...

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 Latin America's...

Currencies: A last gasp of pride or a dead cat rebounding?

The publication of the US employment report last Thursday caused a sharp jump in the greenback, even as the US economy showed remarkable resilience. The signing - or not - of new trade agreements...

Wall St knocked lower by tariff jitters; Musk's political plan hits Tesla

By Sinéad Carew and Pranav Kashyap -Wall Street's major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and other trading...

Exclusive-China's central bank asks financial institutions about dollar weakness, sources say

China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with knowledge of the matter said. In the survey conducted last week, the People's...

Japan must reduce reliance on US trade, opposition head says

TOKYO -Japan must diversify trade ties beyond the U.S. market to mitigate risks and focus on partnerships with countries favouring free trade, Hirofumi Yoshimura, co-representative of the opposition...

Japan's May real wages fall the most in nearly two years

TOKYO -Japanese real wages in May fell at the fastest pace in nearly two years as persistent inflation continued to outpace wage growth and hinder consumption-led growth in the world's fourth-largest...

Stocks, dollar dip as Trump passes spending bill, trade deal deadline nears

LONDON -Stocks slipped on Friday as U.S. President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the...

Trump administration will focus on Fed chair replacement in fall, Bessent says

WASHINGTON -The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that...

At Sintra getaway, central bankers mull threats to their domain

SINTRA, Portugal -At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their control of the global money system, from political...

Instant view: US job growth beats expectations in June

NEW YORK -U.S. job growth in June rose above expectations, while the unemployment rate fell, suggesting the labor market is stable. Nonfarm payrolls increased by 147,000 jobs in June, after rising...