Currencies

Japan's April core inflation likely sped up to fastest pace in two years

Japan's April core inflation probably rose at its fastest pace in two years on the reduction of energy subsidies and higher food costs, a Reuters poll showed, adding to pressure on the central bank to...

DAX Expected to Open Little Changed at Week's End

According to calculations by banks and brokerage houses, the DAX is expected to start Friday's trading session with little change. On Thursday, the index gained 0.7 percent to close at 23,695 points,...

Fed's Barr says economy on solid footing, trade dispute clouds outlook

WASHINGTON -The U.S. economy is on solid footing with inflation heading to the central bank's 2% target, but trade policies have clouded the outlook, Federal Reserve Governor Michael Barr said on...

US and UAE finalise technology framework agreement, source says

DUBAI -The United States and United Arab Emirates have finalised a technology framework agreement that is expected to be signed later on Thursday during President Donald Trump's last stop of his...

Another won bites the dust

A look at the day ahead in U.S. and global markets by EMEA markets breaking news editor Amanda Cooper. It's looking very much like another risk-off day for the markets today, where...

As euphoria ebbs, Powell on deck

A look at the day ahead in European and global markets from Rae Wee The euphoria from this week's mix of market tailwinds appears to have run its course, with investors left searching...

US dollar dips as retail sales growth slows

NEW YORK -The U.S. dollar slipped on Thursday after a flurry of economic data, including a gauge of consumer health that showed retail spending slowed in April as an uncertain economic outlook...

Fed policymakers on hold to seek clarity from the data, but the data are not cooperating

WASHINGTON -Federal Reserve policymakers are leaving interest rates where they are while they try to assess how U.S. President Donald Trump's sweeping tariffs and ongoing trade negotiations will...

DAX Struggles to Gain Momentum at Market Open

After its recent record-setting run, the DAX opened Wednesday's trading session only marginally higher. Germany's benchmark index edged up by 0.2 percent to 23,685 points. From a technical...

Brazil meatpacker JBS sees slim trade war impact as Q1 earnings top forecasts

JBS, the world's largest meatpacker, reported a nearly 78% annual increase in net profit driven by its poultry and pork businesses in Brazil and the U.S., and said on Tuesday the global trade war has...

Trump calls on Fed to cut rates, saying prices of 'practically everything' are down

U.S. President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and practically everything else are down. No...

Lower food prices tame US consumer inflation in April, tariffs squeeze awaited

WASHINGTON -U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook...

Brokerages scale back recession odds after U.S.-China trade truce

Major brokerages have scaled back their U.S. recession forecasts following a temporary tariff truce between the U.S. and China, which has fueled optimism for easing global trade tensions.Goldman Sachs...

Brazil cosmetic maker Natura's Q1 net loss narrows by 84%

Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais , 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings...

Fed survey finds general ease in first-quarter credit demand

Top U.S. bank lending officers reported weaker demand from businesses and consumers for many types of credit during the first three months of the year, according to a Federal Reserve report released...

BYD factory delayed in Brazil to be 'fully functional' by end-2026, says official

RIO DE JANEIRO -Chinese electric car maker BYD's new factory in Brazil will be fully functional by December 2026, after its operations were delayed because of an investigation into labor abuses,...

Fed officials say China-US tariff reprieve lowers risks

DUBLIN -The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their trade war, though the levies left in place are still...

Investors cheer US-China tariff truce, but cautious over a final deal

LONDON/SHANGHAI/NEW YORK -A truce in the U.S.-China trade war set off a relief rally in stocks on Monday and propelled the dollar higher, but investors fear further negotiations could prove a long...

DAX Nears 24,000 Points After US-China Trade Deal

The easing of trade tensions between the United States and China has propelled Germany's DAX index to a new all-time high. On Monday, the benchmark DAX surged by as much as 1.8 percent to 23,911.98...