Analysis: Currencies

$4 trillion Nvidia obscures new tariffs

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets If in doubt, latch on to artificial intelligence. Making...

Huawei eyes greater role in Brazil data center market

RIO DE JANEIRO -Chinese tech giant Huawei is interested in strengthening and improving its capacity as a supplier of data center solutions, it said in a statement to Reuters on Thursday, clarifying...

Fed minutes show little support for interest rate cut later this month

WASHINGTON -Only a couple of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about...

Trump says U.S. interest rate is at least 3 points too high

WASHINGTON -U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central...

White House adviser Hassett emerging as serious contender for next Fed chair, WSJ reports

WASHINGTON -White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal Reserve, the Wall Street Journal reported on Tuesday, citing people...

In the Fed's hunt for a reason to cut rates, surveys and tariffs make answers elusive 

WASHINGTON -Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining if slowing growth or inflation is the greater risk to the U.S....

Bunge charters first Argentine soy meal cargo to China

BUENOS AIRES/BEIJING -U.S. grains trading group Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, marking the first...

BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says

WASHINGTON -The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called anti-American...

Brazil's auto sales, production dip in June

SAO PAULO -Brazil's auto production fell 6.5% in June from the previous month, totaling 200,764 units, data released by automakers association Anfavea showed on Monday. Auto sales in...

Currencies: A last gasp of pride or a dead cat rebounding?

The publication of the US employment report last Thursday caused a sharp jump in the greenback, even as the US economy showed remarkable resilience. The signing - or not - of new trade agreements...

Wall St knocked lower by tariff jitters; Musk's political plan hits Tesla

By Sinéad Carew and Pranav Kashyap -Wall Street's major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and...

Japan must reduce reliance on US trade, opposition head says

TOKYO -Japan must diversify trade ties beyond the U.S. market to mitigate risks and focus on partnerships with countries favouring free trade, Hirofumi Yoshimura, co-representative of the opposition...

Toronto home sales rise to five-month high in June

TORONTO -Greater Toronto Area home sales rose for a third straight month in June and prices extended their recent decline, Toronto Regional Real Estate Board data showed on Friday. ...

Stocks, dollar dip as Trump passes spending bill, trade deal deadline nears

LONDON -Stocks slipped on Friday as U.S. President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the...

Trump administration will focus on Fed chair replacement in fall, Bessent says

WASHINGTON -The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that...

At Sintra getaway, central bankers mull threats to their domain

SINTRA, Portugal -At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their control of the global money system, from political...

Instant view: US job growth beats expectations in June

NEW YORK -U.S. job growth in June rose above expectations, while the unemployment rate fell, suggesting the labor market is stable. Nonfarm payrolls increased by 147,000 jobs in June,...

TSX posts record closing high as investors cheer U.S. jobs data

Canada's main stock index rose to a record closing high on Thursday, led by gains for financial and technology shares, as stronger-than-forecast U.S. employment data added to the high spirits of...

Investors mobilise for weeks of market whiplash from wild-card events

LONDON -Big investors are mobilising to trade through weeks packed with wild-card events that may shatter the calm in stock markets and drive big swings for assets they see as exposed to both...