Currencies

Brazil's Lula courts trade ties in Beijing as China spars with Trump

BRASILIA -Brazilian officials on Monday touted President Luiz Inacio Lula da Silva's meeting with China's President Xi Jinping in Beijing as a chance to lure investment and boost Brazilian exports to...

Instant View: US-China agree to cut tariffs, 90-day pause

Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs and reciprocal duties would drop sharply, giving investors some confidence...

Fed's Cook warns tariffs could lower productivity, feed inflation

PALO ALTO -President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient economy, Federal Reserve...

Fed's Bowman picks staff from Goldman, Davis Polk and BPI, Bloomberg News reports

U.S. Federal Reserve Governor Michelle Bowman has picked three staffers from the banking world, Bloomberg News reported on Friday, citing people familiar with the matter. The three were...

Ex Fed's Warsh highlights a path to lower rates, takes a fresh dig at the Fed

Kevin Warsh, an apparent frontrunner to be U.S. President Donald Trump's pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway to the lower policy rates that Trump...

Exclusive-Fed's Hammack wants clear data before moving on rates, not much data by June

PALO ALTO, California -The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other policies before figuring out the right response, Cleveland...

Trading Day: All eyes on 'Geneva Convention'

TRADING DAY Cautious stability World markets traded on a solid footing this week as the Trump administration struck what could be the first of dozens of trade deals in the...

Fed officials, citing uncertainty, reiterate patient policy stance

The first wave of Federal Reserve officials to weigh in after this week's policy meeting reiterated on Friday that the current economic uncertainty calls for monetary policy patience as Trump...

Fed's independent structure has proved its worth, Waller says

PALO ALTO, California -The structure of the Federal Reserve's Board of Governors, with members who cannot be fired over policy disputes and serve for periods staggered across presidential terms, has...

Trading Day: Tariff tensions cool, markets sizzle

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wot's ... uh the deal? A wave of trade...

US, Russia explore ways to restore Russian gas flows to Europe, sources say

LONDON/MOSCOW -With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the...

US Customs Turmoil Forces Infineon to Take a Guess at Outlook

Due to the erratic customs policy of US President Donald Trump, Infineon has rolled back its recently raised full-year targets. The company has assumed a negative sales impact of ten percent for its...

Bank of England set to cut rates amid worries about Trump tariff fallout

LONDON -The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors watching for any signs that it could soon pick up the pace as U.S. President Donald...

Exclusive-Ukraine considers shift from dollar to euro amid geopolitical realignments

Ukraine is starting to consider a shift away from the U.S. dollar, possibly linking its currency more closely to the euro amid the splintering of global trade and its growing ties to Europe, Central...

Fed sees rising risks to economy as it leaves rates unchanged

WASHINGTON -The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the U.S. economic outlook as its...

Trade talks at last

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Wall Street's latest stutter seems to have been...

US, China move towards trade talks, but a deal seems distant

A look at the day ahead in European and global markets from Tom Westbrook After a few weeks buying the rumour of U.S.-China de-escalation, markets gave a lukewarm welcome to news that...

Trading Day: Absent tariff clarity, nerves fray

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Deep uncertainty, thin patience Investors...

US dollar's safe haven halo flickers amid Fed, fiscal and trade jitters - Reuters poll

Concerns are mounting about the dollar's safe haven appeal, according to a majority of FX strategists surveyed by Reuters who forecast the global reserve currency will decline further over the coming...