Analysis: Currencies

Britain at centre of bond market storm

A look at the day ahead in European and global markets from Kevin Buckland The British bond market has become the focus of global investor attention, for some unenviable reasons. ...

Brazil's Azul inching closer to merger with Gol, says local media

Brazilian airline Azul is expected to sign in the next few weeks a memorandum of understandings with rival carrier Gol's parent Abra for a potential merger between Azul and Gol, newspaper Valor...

US dollar stranglehold on global FX sets stage for euro parity - Reuters Poll

The U.S. dollar will tighten its stranglehold over global currency markets with little standing in the way of its remarkable run, and a significant number of foreign exchange forecasters polled by...

Bonds flashing red, 'term premium' at 10y high

A look at the day ahead in U.S. and global markets from Mike Dolan Dragging up government borrowing costs across the world, the new year spike in long-term U.S. Treasury yields is...

Strong dollar, rising yields hog the spotlight

A look at the day ahead in European and global markets from Ankur Banerjee The dollar stood tall on Wednesday boosted by elevated Treasury yields after strong U.S. data rekindled worries...

Canada's services PMI shows activity shrinking at year-end

Canada's services economy deteriorated for the first time in three months in December as a postal workers' strike weighed on activity and work outstanding tumbled, S&P Global's Canada services PMI...

Currencies: Back to parity?

Unfortunately, there was no miracle. The Fed confirmed that a pause in its monetary easing cycle was clearly on the cards, given the continuing strength of the US economy and the risk of a return to...

No respite likely for India rupee, bonds to track US peers

The Indian rupee is likely to remain under pressure through the week on worries over U.S. President-elect Donald Trump's trade policies and persistent dollar demand in the non-deliverable forward...

Russia's new car sales up 47% in 2024, agencies cite industry ministry

Sales of new passenger cars in Russia increased by 47% year on year to 1.55 million units in 2024, Russian news agencies reported on Saturday, citing industry and trade ministry data. ...

Fed's Kugler says data will drive Fed policy choices amid uncertainty

Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver in 2025 and will let upcoming economic data drive the course of monetary...

US jobs report poses first big stocks test of 2025

The stock market faces its first major test of the year in the coming week, with investors counting on the U.S. jobs report to show a stable but not overheated economy that underpins expectations for...

US manufacturing PMI rises to nine-month high in December

U.S. manufacturing moved closer to recovery in December, with production rebounding and new orders rising further, though factories faced higher prices for inputs as the year ended. The...

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, pointing to low layoffs at the end of 2024, consistent with a healthy labor market. ...

Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far

Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of 1500 GMT on Tuesday, hours ahead of the expiration of a five-year...

Russia reduces gas flow via Ukraine to Europe on last day of expiring deal

MOSCOW -Russian energy company Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout...

High food prices dampen festive spirits in Russia

This holiday season, many Russians are tightening their belts.  Stubborn inflation has driven up prices of staples such as butter, potatoes and chicken in recent months, hitting...

Inflation in Japan's capital accelerates, keeps rate hike prospects intact

Core inflation in Japan's capital accelerated in December as price pressures broadened, data showed on Friday, keeping alive market expectations for a near-term interest rate hike. The...

Big banks planning to sue US Fed over annual stress tests, CNBC reports

Major banks are planning to sue the U.S. Federal Reserve over the annual stress tests conducted by the regulator, CNBC reported on Tuesday, citing a source familiar with the matter. A...