Currencies

The dollar, Treasuries, and 'US exceptionalism': McGeever

Any week with U.S. inflation figures, Federal Reserve and Bank of Japan policy meetings and a core euro zone nation plunging into political turmoil is bound to be sending a blizzard of conflicting...

US retail sales miss expectations in May

U.S. retail sales increased less than expected in May in May as lower prices for gasoline and motor vehicles weighed on receipts at service stations and auto dealerships. Retail sales...

Currencies: $ perfectly stable, Euro remains vulnerable

Another positive session for the dollar, which continues to act - somewhat - as a refuge from the political uncertainties that arose in France on June 7 at 9:15pm.Christine Lagarde has come out of her...

Currencies: It's a swingin' good time!

Welcome, thrill-seekers. Between central bank meetings and political turmoil in Europe, currency traders have plenty to speculate about the future of both the dollar and the euro. Let's jump in.

Rival pork exporters could benefit from China-EU trade tensions

Pork suppliers from South America and the United States could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and...

Fed's Bostic flags more issues with financial disclosures

A financial disclosure form for Federal Reserve Bank of Atlanta President Raphael Bostic notes more issues with reporting of past trading and investing activities. Bostic's disclosure...

US import prices unexpectedly fall in May

U.S. import prices import unexpectedly fell in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. Import prices dropped 0.4% last month...

US equity funds saw largest weekly outflow in 18 months ahead of Fed decision

U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision. ...

Global equity funds faced huge outflows on caution ahead of Fed meet

Global equity funds suffered sharp outflows in the seven days to June 12 as investors cautiously took out money ahead of a key U.S. inflation report and Federal Reserve policy decision that could...

China set to hold key rate as margin pressure, weaker yuan hamper policy easing

China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans next Monday, a Reuters survey showed. Worsening interest margins...

Bank of Canada reviewing extraordinary actions taken during pandemic

The Bank of Canada is reviewing the extraordinary actions it took during the pandemic to stimulate the economy, in an effort to be better prepared for a future crisis, a top executive said on...

TSX futures dip as investors digest US Fed's rate outlook

Futures tied to Canada's main stock index slipped on Thursday on weak commodity prices after the U.S. Federal Reserve projected only one interest-rate cut this year. S&P/TSX futures fell...

US interest rate policy scares off Dax investors - leading index plummets

The prospect of persistently high interest rates in the USA for the time being hit DAX investors hard on Thursday. The leading German index lost up to 1.1 percent to 18,424 points. The...

In new forecasts, Fed appears to bow out of the election cycle

The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day. ...

Fed meeting, benign inflation keep soft landing hopes alive

Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal Reserve at progress made in fighting consumer prices. ...

MORNING BID EUROPE-Data is king, Fed its servant

A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate...

Asia stocks rally, bond yields fall as investors assess Fed outlook

Asian equities rallied on Thursday, while bond yields slid, as investors weighed cooling U.S. inflation against a more hawkish posture by the Federal Reserve. Japanese shares...

Bank of Canada head says can still diverge from Fed on rates

There is a limit to how far the Bank of Canada can diverge from the U.S. Federal Reserve when it comes to cutting rates but the Canadian bank is nowhere near that limit, Governor Tiff Macklem told a...

Fed seen on track to Sept rate cut after inflation data

Federal Reserve policymakers may feel more confident that inflation is back on a downward path after a U.S. government report showed consumer prices did not rise at all in May, potentially paving the...