Analysis: Currencies

Fed's Logan eyes more gradual rate cuts amid more balance sheet cuts

Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and suggested she sees no reasons why the Fed can't also press forward with...

Latin America braces for US election impact on trade, tariffs

Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris or a return to policies that triggered volatility in...

What to look for at Bank of Japan's October policy meeting

The Bank of Japan holds a two-day policy meeting concluding on Oct. 31, days after a general election where new Prime Minister Shigeru Ishiba faces a key test on his agenda to prop up wages and...

US single-family homebuilding rises to five-month high

U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess supply of new homes on the market and prospective buyers...

Bank of Canada most likely to cut rates by 50 bps next week

The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row and what would be the first super-sized reduction in more than 15 years...

US regional banks capitalize on rising deal fees to counter high deposit costs

U.S. regional banks reaped profit in their third quarter and outdid Wall Street expectations as their investment banking fees surged from a revival in dealmaking and helped offset higher deposit...

Currencies: No respite for the dollar

The US dollar continues to rally, helped by the resumption of US inflation and the prospect of a limited 25 basis point cut in interest rates at the next Monetary Policy Committee scheduled for early...

U.S. equity funds see outflows on rate cut views

U.S. equity funds witnessed outflows in the week to Oct. 9 as investors booked profits due to a shift in market expectations about the Federal Reserve rate cut path and a surge in bond yields. ...

US producer prices unchanged in September

U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting views that the Federal Reserve would cut interest rates again next month. ...

EUR/USD Likely to Fall Into US Election: 3-Minute MLIV

Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...

NY Fed survey shows big banks still expect spring stop to balance sheet drawdown

Wall Street's biggest banks expect the Federal Reserve to end the process of shrinking its balance sheet next April, holding the line relative to what they told the central bank in July. ...

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...

Canada gov't could avoid confidence vote with slim mini budget, says source

A Canadian mini budget later this year might contain no spending measures, an unusual move that would deprive the opposition of another chance to topple Prime Minister Justin Trudeau, a source...

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...

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...