Analysis: Currencies

Tariffs worry Wall Street over earnings hit, inflation pressure

Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation after President Donald Trump on Saturday signed an executive order imposing tariffs on its largest trading...

Canada's Trudeau announces counter tariffs

Canada's Prime Minister Justin Trudeau said on Saturday Canada would impose 25% tariffs on C$155 billion of U.S. goods in response to U.S. tariffs. C$30 billion would take effect from Tuesday and...

US labor costs rise moderately in fourth quarter

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment...

US inflation rise in December; consumer spending accelerates

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal...

Canada's GDP contracts by 0.2% in November, likely rebounded following month

Canada's economy contracted more than expected in November as activity across a majority of sectors shrank due to work stoppages across inland transportation and at ports, Statistics Canada said on...

US equity funds draw first weekly inflow in four weeks

U.S. equity funds attracted inflows for the first time in four weeks in the week through Jan. 29, spurred by hopes of interest rate cuts following comments from President Donald Trump, and a rebound...

Beethoven or birds? ECB seeks ideas for new banknote designs

The European Central Bank is seeking a new design for euro banknotes, with possible subjects including great cultural figures like German composer Ludwig van Beethoven, or birds and rivers. ...

Who are the BOJ's doves and hawks?

TOKYO -The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's...

Israeli startups make global plans after key role in war

The drone that tracked Hamas leader Yahya Sinwar and filmed him as he lay dying in footage beamed around the world last October was made by Israeli startup Xtend, according to media reports, one of...

US pending home sales drop to snap four months of gains

Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage...

US weekly jobless claims decline more than expected

The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to low layoffs though job opportunities are becoming scarce for those who are out...

Fed guided by economic goals and the law, not politics, says Powell

Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday said that politics had not prompted the Fed's...

Fed stands pat, leans hawkish with omission of inflation-progress reference

The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above...

Bank of Canada cuts growth forecasts for 2025 and 2026

The Bank of Canada on Wednesday cut its growth forecasts for both 2025 and 2026, citing the dampening effect of government policies designed to curb population growth. The forecasts,...

Fed entering tough period for measuring money market liquidity

The Federal Reserve, which wraps up its latest monetary policy meeting on Wednesday, is about to enter one of the more challenging periods of managing what most observers believe is the approaching...

Bank of Canada most likely to cut rates by 25 bps on Wednesday

The Bank of Canada is almost certain to trim its key policy rate by 25 basis points on Wednesday as a slew of factors, from potential cross-border tariffs to a reduced population target, keep the...

Iron ore output from Brazil's Vale slid 4.6% in fourth quarter

Iron ore production from Brazilian miner Vale fell 4.6% during last year's fourth-quarter compared to the same period a year earlier, settling at 85.3 million metric tons, the company reported on...

Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes

Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, the nation's economy minister said on Tuesday. ...

Currencies: Paradigm shift?

Between future central bank announcements, potential AI woes with the rise of DeepSeek and Donald Trump's economic policies, currency traders have a lot of data to digest, to the point of making the...