Analysis: Currencies

Russia to raise foreign company 'exit tax' to 35% from 15%, business daily reports

Russian authorities are set to raise the one-off contribution that foreign companies leaving the country must make to the state treasury to as high as 35% from 15%, the RBC business daily reported on...

Fed seen delivering 25 bps cut next month after inflation data

Traders on Thursday added to bets the Federal Reserve will deliver a 25 basis point interest-rate cut in November after a government report showed inflation last month was a bit firmer than expected. ...

BOJ may not be as dovish as Ueda's cautious rhetoric suggests

Japan's improving economic conditions and receding U.S. recession worries are likely to bring prospects of a December or January interest rate hike back into view, even as a new government complicates...

Indigenous groups in Brazil: We were not consulted on carbon credits

Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support...

A "substantial majority" of Fed favored large cut in Sept, minutes show

A substantial majority of U.S. Federal Reserve officials at the central bank's September meeting supported beginning an era of easier monetary policy with an outsized half-point rate cut, but there...

Wider US deficits, inflationary trade policies threaten bond outlook, says PIMCO

Widening U.S. budget deficits and inflationary trade policies after the Nov. 5 presidential election could weigh on U.S. government bonds despite the near-term advantages of a central bank in easing...

Should you refinance your mortgage now as rates drop?

It may not quite be the famous question of Shakespeare's Hamlet, but it is something very much on the minds of U.S. homeowners these days: To refi or not to refi? Judging from the latest...

India cenbank holds rates as expected, shifts stance to 'neutral'

The Reserve Bank of India kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to neutral, opening the door for rate cuts amid early signs of a growth...

China's scorching rally takes a breather to wait on stimulus

Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S....

NZ's central bank cuts rates 50 bps, leaves door open for more easing

WELLINGTON -New Zealand's central bank slashed the cash rate by 50 basis points to 4.75% on Wednesday and left the door open for more easing as policymakers said monetary conditions are still...

Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong

Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as inflation...

Brazil attorney general backs reinstating social medial platform X

Brazil's attorney general's office told the country's Supreme Court on Tuesday that it does not see reasons why social medial platform X should not be reinstated, according to a statement, after it...

US jobs market cooling but still resilient, Fed's Kugler says

The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana Kugler said in Frankfurt on...

Japan real wages back down again after bump from summer bonuses

Japan's inflation-adjusted wages fell in August after two months of increase during the summer bonus season, government data showed on Tuesday, knocking chances of the central bank raising interest...

Currencies: Dollar benefits from Middle East escalation

The spread of the Israeli-Palestinian conflict to Lebanon and Iran, combined with good US unemployment figures, has prompted Forex traders to reposition themselves in favor of the dollar. To the point...

How a rates rethink after strong US jobs data could shake up markets

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if stronger-than-expected growth spurs investors to radically...

Japan's top FX diplomat warns against speculative moves as yen falls

TOKYO -Japan's top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar. We will...

Dollar on a roll after US jobs data and Middle East flare-up

Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data...

Markets mull potential US 'no landing'

A look at the day ahead in Asian markets. Trading in Asia kicks off on Monday with the global macro and market landscape suddenly appearing very different from how it looked on Friday,...