Analysis: Currencies

Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

Brazilian meatpackers have reportedly stopped supplying meat to the Carrefour group in Brazil after the retailer's global CEO vowed to keep South American meat off its shelves in France in solidarity...

Brazil freezes spending at $3.33 billion to comply with fiscal rules

Brazil's government tightened spending controls late on Friday, freezing expenditure at 19.3 billion reais to comply with this year's fiscal rules. The figure exceeds the 13.3 billion...

Fed announces policy framework review, sets conference for May 15-16

The U.S. Federal Reserve on Friday announced plans for a May 15-16 conference and public Fed Listens events around the country as part of a review of its long-run strategy and approach to...

Euro/dollar stares at parity, Bitcoin eyes $100k

A look at the day ahead in U.S. and global markets from Mike Dolan Darkening skies over Europe's economy, trade and politics sent the euro plummeting to its lowest in two years - just 3%...

Global equity funds' weekly inflows slow on geopolitical tensions

Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the West, with investors also anxious about the U.S. interest rate policy outlook for...

BOJ to hike rates in Dec as yen weakens and Trump returns, majority of analysts say

The Bank of Japan will raise interest rates again at its December meeting as a strengthening economy and concerns over the depreciating yen prompt policymakers to act, according to just over half of...

Trump considers Warsh serving as Treasury Secretary and then Fed chair, WSJ reports

U.S. President-elect Donald Trump is considering picking Kevin Warsh as his Treasury secretary with the understanding that he could later be nominated to lead the Federal Reserve when Jerome Powell's...

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...