Analysis: Currencies

Dollar reasserts strength, China fillip fades

A look at the day ahead in U.S. and global markets from Mike Dolan Helped by a backup in U.S. Treasury yields, the dollar has rediscovered its mojo ahead of a wave of overseas interest...

Currencies: A non-event

The French political drama took center stage last week with the government's resignation after a no-confidence vote. Yet, the anticipated disaster on the CAC 40 has not materialized. The French stock...

Japan's bankruptcies set to hit 11-year high in 2024, data shows

Japan's bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research showed on Monday, ahead of a closely watched central bank...

Fed's Bowman, worried by inflation, calls for caution on rate cuts

Federal Reserve Governor Michelle Bowman said on Friday that inflation risks to the economy remain real and labor market data hard to interpret, and that augurs caution with further decisions on...

US Nov payrolls show job growth accelerated after October hiccup

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but probably does not signal a material shift in labor market conditions that continue to ease steadily...

Canada's jobless rate jumps to near 8-year high of 6.8% in November

Canada's unemployment rate rose more than expected to 6.8% in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, likely...

Rouble rebounds past 100 vs US dollar after Putin's gas payments decree

The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas,...

Final slate of Fed speakers due before pre-meeting blackout begins

U.S. Federal Reserve officials head into the quiet period ahead of their Dec. 17-18 meeting with new jobs numbers expected to show a rebound from the weak reading in October and a growing sense among...

The pressure's on: Five questions for the ECB

The European Central Bank looks set to cut rates again next week as inflation heads down, and financial markets are keen for a sense of whether a more challenging environment will spark speedier moves...

BOJ is holding cards close to its chest on December rate hike

The Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption, its governor's cautious decision-making style and anxiety over U.S....

Russia official says Trump's threat will not stop work on BRICS payment system, RIA reports

Work will continue on the BRICS settlement system despite U.S. President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency...

India rate call in focus, political crises cool

A look at the day ahead in Asian markets.  India's central bank interest rate decision grabs the spotlight in Asia on Friday, as investors digest yet another record high for the Nasdaq...

Canada's services PMI rises to 19-month high in November

Canada's services economy expanded for a second straight month in November as firms added staff, but incoming new work was subdued and the threat of U.S. tariffs could yet hurt sentiment, S&P Global's...

Bond vigilantes spare France for now, but political crisis will bring more pain

Bond investors are likely to spare France the dire financial storm Prime Minister Michel Barnier has warned of, but the fallout from the political crisis will hurt businesses, consumers and...

Japan's service activity perks up as demand improves, PMI shows

Japan's service activity swung back to growth in November as improving demand supported new business, a private sector survey showed on Wednesday. The final au Jibun Bank Service...

Currencies: Thank you France!

Between small talk and great tragedy, France continues to be the talk of the town. Since the surprise dissolution of the French National Assembly last June, there has been a steady stream of setbacks...

US job openings rise in October, layoffs decrease

U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion. Job openings, a measure of labor demand,...

Trump tariffs could weigh on European growth and inflation, ECB's Cipollone says

Import tariffs expected to be implemented by the administration of U.S. President-elect Donald Trump could lower economic growth and inflation in the 20 nations sharing the euro, European Central Bank...

Fed's Waller says inclined at this point to cut rates in December

Federal Reserve Governor Christopher Waller said on Monday he was inclined to cut the benchmark interest rate at the Dec. 17-18 meeting as monetary policy remained restrictive enough to keep putting...