Analysis: Currencies

No end in sight for Trump-fuelled trade

A look at the day ahead in European and global markets from Rae Wee Market movement over the past week or so since Donald Trump won the U.S. presidential election have been characterised...

Red sweep may speed US debt ceiling deal, stoke long-term bond worries

A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling that have roiled markets in recent years, even as it raises the prospect of...

Why is the euro falling and could it hit $1?

The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump's U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the...

Instant view: Oct CPI inflation up modestly, as expected

U.S. consumer prices increased as expected in October, and progress towards low inflation has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year. ...

Fed policy is 'modestly restrictive,' Kashkari says

Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently modestly restrictive, with short-term borrowing costs continuing to slow inflation and the...

Fed's Waller: Private sector should lead on payment system innovation

Federal Reserve Governor Christopher Waller said on Tuesday that he believes the private sector should lead when it comes to payment sector innovations. I hold the view that it is...

As Argentina's inflation rate cools, consumers still feel squeezed

Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has come at the cost of consumption in a battered economy where more than half of the country...

Currencies: The dollar soars with Trump 2.0

Donald Trump's arrival in power only reinforces the dollar's prevailing trend.

Dampening corporate mood, rising bankruptcies cloud BOJ's rate hike path

Japan's service-sector sentiment worsened and bankruptcy cases rose in October, data showed on Monday, casting doubt on the central bank's view the country was on track to meet its 2% inflation target...

RBNZ's unusually long summer break argues for extra insurance on rates

New Zealand's central bank will be under greater pressure to ease policy aggressively this month as its rate meeting calendar leaves an unusually long three-month gap until its next gathering, arguing...

Inflation data poses test for stocks rally after Trump win

Investors will focus in the coming week on whether inflation trends can help sustain the record-breaking stock rally that has received a boost from Donald Trump's victory in the U.S. presidential...

US consumer sentiment rises in November, UMich says

U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households' expectations for the future climbing to the highest in more than three years, a survey showed on...

Fed's Powell says election outcome has no near-term policy impact

Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making choices the outcome of this week's election. In the near term the...

US 30-year fixed-rate mortgage rise to four-month high of 6.79%

U.S. mortgage rates increased to a four-month high this week and could rise further amid fears that President-elect Donald Trump's proposed economic policies could stoke inflation. The...

US worker productivity rises moderately in third quarter; labor costs elevated

U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could cast a cloud over the inflation outlook. Nonfarm...

Futures steady after Trump-fueled rally, Fed's rate decision awaited

U.S. stock futures edged higher ahead of an interest-rate decision by the Federal Reserve on Thursday, building on a sharp rally set off by Donald Trump's stunning comeback as U.S. president for a...

Trump victory heightens risks for BOJ as yen renews slide

A dollar rally triggered by Republican Donald Trump's victory in the U.S. presidential election could heighten pressure on the Bank of Japan to raise interest rates as soon as December to prevent the...

Markets more confident Fed balance sheet drawdown has room to run

Financial markets are heading into this week's Federal Reserve meeting with more clarity over the outlook for the U.S. central bank's ongoing balance sheet drawdown than they've had in a while, and...

Tight credit conditions add to case for Fed interest-rate cut

The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling in labor markets that makes it harder for Americans...