Analysis: Currencies

Gold surges and euro sags as broader war risks rise

Gold was headed for its largest weekly gain in nearly eight months on Friday and the euro hovered at a 13-month low as Russia lowered its threshold for using nuclear weapons and fired a hypersonic...

Corporate China seeks dollars as trade tensions rise

Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign exchange rates. ...

US 30-year fixed-rate mortgage approaches 7%

U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term. The...

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting that job growth likely rebounded in November after abruptly slowing last month amid...

Australia critical infrastructure faces cyber threats, report says

Australia said it was concerned that one in ten cybersecurity incidents last year involved critical infrastructure, with state-sponsored actors targeting the country's government, infrastructure and...

Investors reload rate hike bets in Japan

Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month. ...

Currencies: Targets in sight

Is the Trump effect starting to seize up? With US small-caps retreating, gold back on support and the dollar approaching resistance levels, it may be time to take stock. Here's a review of the forces...

Brazil development bank signs deal with AIIB for nearly $3 billion in investments

Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank for the investment of 16.7 billion reais in Latin America's largest economy. ...

Argentina investors bet on Milei's popularity a year after his election

Investors who have been rewarded for their bets on Argentine President Javier Milei are doubling down on the country's stocks and bonds even as they hit records, betting that an austerity crusade will...

BOJ will keep raising rates if economy in line with forecast, Gov Ueda says

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will keep raising interest rates if economic and price developments move in line with its forecasts. The timing for when...

Strong US data continues reshaping Fed views of pace, extent of rate cuts

Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors further downgraded their...

US retail sales slightly above expectations in October

U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose...

Chinese consumers spend more, just not on property

A look at the day ahead in European and global markets from Stella Qiu Asian shares ended a brutal week on a steadier note helped by Chinese consumers pushing retail sales beyond...

Japan October inflation likely eased, exports picked up - Reuters poll

Japan's core consumer inflation likely cooled for the second straight month in October on slower growth in energy prices, a Reuters poll showed on Friday. The core consumer price index...

Fed has time to see what Trump policies mean for the economy, Powell says

Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White...

Traders keep bets on Dec rate cut after latest US economic data

Futures tied to the Federal Reserve's policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest traders have lost confidence...

US weekly jobless claims fall; unemployment rolls shrink

The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was...

Euro zone economy seen hit early next year by Trump tariffs, say economists

The euro zone economy will be hit with tariffs from the incoming U.S. Trump administration early next year, according to a majority of economists polled by Reuters, all but ensuring a series of...

Fed's Kugler says Fed has made good progress on achieving mandates

Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation goals, while stopping short of offering firm guidance...