Forex

Foreign investors pulled $2.1 bln from Nigeria's stock market in 2018

09h51 Foreign investors sold off Nigerian stocks valued at 642.65 billion naira ($2.1 bln) last year, stock exchange data showed, 48 percent more than in 2017 as worries over weak growth amidst lower oil prices depressed sentiment.  Full story

Brazil stocks rise in broad-based rally, soft dollar lifts Latam currencies

16h47 Stocks in Brazil's benchmark index rose on Wednesday to near record-high levels, tracking broad-based gains in global equities as investors returned to riskier assets and on recovering oil prices. A weaker. . .  Full story

Argentine c.bank chief says looking at forex purchase limit

16h46 Argentine Central Bank Governor Guido Sandleris said on Wednesday that the bank's monetary policy committee would be looking at its current daily limit on foreign exchange purchases of up to $50 million.. . .  Full story

C$ firms with oil but gains tempered by weak retail sales data

16h33 The Canadian dollar edged higher against its U.S. counterpart on Wednesday, recovering from an earlier two-week low, as gains for stocks and oil prices offset domestic data showing a bigger-than-expected drop in domestic retail sales.. . .  Full story

Unwinding a Big Short: Sterling finds even keel as Brexit endgame plays out

16h09 Selling pounds has been a favourite game of the $5.1 trillion-a-day global currency market for over two years. But as the Brexit endgame plays out and 'worst case' scenarios ebb, market metrics and dynamics. . .  Full story

Dollar soft but holds near 3-week highs

15h41 The dollar edged lower but held within sight of a three-week high on Wednesday as firmer stock markets and commodity currencies such as the Australian dollar prompted investors to trim their long dollar positions.. . .  Full story

Leu hits record low on tax worry, dovish comments hurt crown

15h32 Worries over Romania's new taxes sent the leu to another record low on Wednesday, while the crown set a 3-week low after dovish comments from Czech central bank rate setter Tomas Holub.. . .  Full story

Stocks reverse losses in fragile rebound; U.S. dollar falls

15h29 Global markets recovered from earlier losses on Wednesday as investors made a cautious return to riskier assets, with U.S. futures and European stocks higher even as worries about corporate and economic growth lingered.. . .  Full story

DAVOS-Italy's Tria keeps door open to Weidmann's ECB bid

15h16 Italy's economy minister kept the door open on Wednesday to the potential appointment of Bundesbank President Jens Weidmann as next head of the European Central Bank, saying past stances should not weigh on the decision.. . .  Full story

Sri Lanka rupee edges down on importer, state bank dollar demand

13h43 ** Sri Lanka's rupee closed slightly weaker on Wednesday due to dollar demand from importers and state banks, while investors remained cautious over debt repayment by the government. ** Stocks edged higher from an eight-week. . .  Full story

Sterling rises after UK's Labour backs bid to avoid no-deal Brexit

13h13 Sterling rose above $1.3 on Wednesday after Britain's opposition Labour Party said it was "highly likely" to back an attempt by lawmakers to prevent a disorderly no-deal Brexit.. . .  Full story

UK watchdog flags possible ban on some crypto-related trading

12h37 Britain's markets watchdog said on Wednesday it would consult later in the year on a proposed ban on selling derivatives linked to certain types of crypto assets to retail customers.. . .  Full story

Emerging market stocks dip on global trade worries, FX holds firm

11h49 Emerging market stocks dipped on Wednesday as fresh doubts over progress in U.S.-China trade talks and global growth concerns weighed, while developing world currencies held firmed against a resurgent dollar.. . .  Full story

South African rand recovers before inflation data

09h41 The South African rand recouped some of the previous day's losses early on Wednesday, before the release of inflation data which is expected to show a significant slowdown in price rises. . .  Full story

S.Korean stocks, won rise on relief over trade talks; China to step up stimulus

09h26 Round-up of South Korean financial markets:. . .  Full story

Most Asian currencies firm on latest twist in U.S-China trade talks

08h39 Most Asian currencies advanced on Wednesday with the Chinese yuan bouncing on shifting sentiment around Sino-U.S. trade talks, while lower oil prices boosted the Indian rupee and the Indonesian rupiah . White. . .  Full story

Yuan rebounds, regains key support level on profit taking

07h10 China's yuan rebounded against the U.S. dollar on Wednesday, recovering all of its losses in the previous session, as companies took profits after its dip earlier this week. Sentiment was also. . .  Full story

NZ inflation edges up, tempers market views on rate cut chance

04h21 New Zealand's inflation edged up in the fourth quarter on higher service costs, and though overall price growth remained subdued, investors pared up some of the more aggressive bets on the prospects of an. . .  Full story

S.Korea stocks bounce back on some relief over trade talks worries

04h03 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index pared earlier losses as uncertainties over the U.S.-China trade negotiation. . .  Full story

New Zealand dlr bounces as bears outfoxed by inflation

03h30 The New Zealand dollar bounced smartly on Wednesday after inflation data proved not nearly as soft as some bears had been wagering on, prompting a round of hurried short covering.. . .  Full story

Czech central banker says: We can pause rate hike

01h00 The Czech National Bank can pause its policy tightening as external developments roughly compensate for a weaker domestic currency, bank board member Tomas Holub was quoted on Wednesday as saying.. . .  Full story

Equities slump on growth, trade worries

22/01 A gauge of world stock markets fell on Tuesday as concerns over global growth and trade gave investors incentive to look towards safe-haven assets such as the Japanese yen and government bonds.. . .  Full story

Dollar slips vs yen on growth worries, trade tensions

22/01 The dollar fell against the Japanese yen on Tuesday, as worries about flagging global growth and concerns about continuing U.S.-Chinese trade tensions drove investors to seek out safe-haven assets.. . .  Full story

The shareholder puzzle facing airlines after Brexit

22/01 Airlines that will no longer be majority owned by EU nationals once Britain leaves the European Union face the threat of losing their right to fly within the bloc after Brexit due to share. . .  Full story

Sterling hits 2-month high after strong UK jobs data

22/01 Sterling jumped to a 2-month high against the euro on Tuesday after strong employment data suggested Britain's labour market remained robust despite an economic slowdown ahead of Brexit.. . .  Full story

Moldova approves sale of Moldindconbank stake to foreign investor

22/01 Moldova has approved the sale of a 64 percent stake in its second-largest lender Moldindconbank to Bulgarian fund DOVERIE United Holding , the central bank said on Tuesday.. . .  Full story

South Africa's rand slips on global growth fears

22/01 The South African rand slipped on Tuesday, as fears about the health of the global economy dampened appetite for riskier emerging market assets.. . .  Full story

Nigeria's central bank providing 75 bln naira financing to Dangote's oil refinery

22/01 Nigeria's central bank will provide 75 billion naira in financing to an oil refinery project being built by Africa's richest man Aliko Dangote in the West African country, its Governor Godwin. . .  Full story

C$ hits 2-week as data flags potential Nov economic contraction

22/01 The Canadian dollar weakened against its U.S. counterpart on Tuesday, pressured by investor worries about the outlook for the global economy and weaker-than-expected data that could point to a contraction in Canada's economy in November.. . .  Full story

SNB's Maechler defends negative rates, currency interventions

22/01 Negative interest rates and a readiness to intervene in the foreign currency markets are still needed to ward off a rise in the franc that would trigger deflation in Switzerland, Swiss National Bank governor. . .  Full story

Leu leads fall on growth worries, Romanian taxes

22/01 The leu led a weakening of Central European currencies on Tuesday after the International Monetary Fund lowered its forecast for global economic growth. The leu is also under pressure from a. . .  Full story

Brazil stocks fall amid global growth fears; Latam FX subdued

22/01 Stocks in Brazil fell on Tuesday dragged by shares of material companies amid global growth fears stemming from weak Chinese economic data and a lowered outlook for 2019 from the International Monetary Fund.. . .  Full story

MTN has paid $53 mln to settle Nigeria dispute -central bank

22/01 South Africa's MTN has paid $53 million to settle a money transfer dispute with Nigeria's central bank and the matter has been withdrawn from court, Governor Godwin Emefiele said on Tuesday.. . .  Full story

Sri Lanka rupee falls on importer dollar demand; stocks post 8-week closing low

22/01 ** Sri Lanka's rupee closed weaker on Tuesday due to dollar demand from importers, while stocks fell to an eight-week closing low amid concerns over debt repayment by the government. ** The rupee closed at. . .  Full story

Pakistan prepares new budget amid balance of payments squeeze

22/01 Pakistani Finance Minister Asad Umar is due to announce a package of measures to shore up strained public finances in a "mini budget" on Wednesday that comes only months after the government presented its. . .  Full story

LSE's technology to power Asian cryptocurrency platform

22/01 London Stock Exchange Group said on Tuesday Hong Kong-based AAX would use its technology for cryptocurrency trading, allowing the British exchange operator enter a nascent yet highly speculative industry.. . .  Full story

EBRD plans to invest 1 billion euros in Turkey - Anadolu

22/01 The European Bank for Reconstruction and Development (EBRD) plans to invest around 1 billion euros ($1.1 billion) in Turkey this year focusing on agriculture and exporting sectors, a senior EBRD official said, according to the. . .  Full story

Sterling rises above $1.29 after strong UK jobs data

22/01 Sterling rose on Tuesday after strong employment data suggested Britain's labour market remained robust despite an economic slowdown ahead of Brexit.. . .  Full story

Emerging market stocks dip on global growth fears, FX weakens

22/01 Emerging market stocks and currencies slid on Tuesday, as fears of slowing global growth left investors queuing up to exit developing world markets and move into safer assets which reflected their downbeat risk appetite.. . .  Full story

Kenyan shilling firms against dollar on tightening liquidity, remittances

22/01 The Kenyan shilling was firm against the dollar on Tuesday supported by tightening liquidity in the money market and diaspora remittances amid thin oil importer demand, traders said.. . .  Full story

Nigerian opposition candidate plans central bank overhaul - spokesman

22/01 Nigeria's main opposition candidate for president wants to overhaul the central bank by separating supervisory and monetary policy functions, and to transition the naira to a managed float, a spokesman for. . .  Full story

S.Korean stocks end lower on lacklustre GDP data

22/01 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index closed weaker on Tuesday as data showed weakening exports had dented last year's annual pace of growth to a six-year low, while global. . .  Full story

Most Asian currencies ease on China's woes; Malaysian ringgit leads losses

22/01 Most Asian currencies weakened on Tuesday as a slowdown in China's economy stoked worries over regional and global growth, denting the appetite for riskier assets. The International Monetary Fund on. . .  Full story

China's yuan nears 2-week low, breaches 6.8/dlr, on worries over economy

22/01 China's yuan weakened to a near two-week low against the U.S. dollar on Tuesday and breached the closely watched 6.8 mark, pressured by worries about the slowing Chinese economy and strength in the greenback.. . .  Full story

Yuan's drop aligns it with China's cooling economy, easier policy

22/01 A surprising rally for China's yuan over the turn of the year has been cut short by widespread expectations that Beijing will ramp up policy easing in coming months to avert a sharper economic. . .  Full story

Bank of Korea to stand pat this week, rest of 2019 as economic growth slows

22/01 South Korea's central bank looks certain to stand pat at this week's rate review following a tightening in November, as policy makers adopt a cautious stance in the face of a slowing economy and. . .  Full story

S.Korea stocks dip as investors await corporate earnings

22/01 Round-up of South Korean financial markets: South Korea's KOSPI stock index slid on Tuesday as investors kept a cautious stance and reset. . .  Full story

Australia, NZ dollars burdened by global growth unease

22/01 The Australian and New Zealand dollars were subdued on Tuesday as concerns about the outlook for Chinese, and global, growth cast a shadow over commodity-sensitive currencies.. . .  Full story

Most Latin American shares slump on risk aversion

21/01 Latin American stocks saw their steepest one-day loss in nearly one month on Monday and currencies also weakened as negative local news added to the risk aversion from China data confirming global economic slowdown.. . .  Full story

C$ dips on doubts about U.S.-China trade talks progress

21/01 The Canadian dollar weakened against its U.S. counterpart on Monday as investors worried about progress on trade talks between the United States and China and after the International Monetary Fund cut its world economic growth. . .  Full story

PM May tries to tweak defeated Brexit plan, refuses to rule out no-deal

21/01 British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the. . .  Full story

Ireland knocks back Polish proposal to break Brexit deadlock over backstop

21/01 Poland's foreign minister said on Monday he had proposed limiting the Irish backstop to five years in order to unblock the Brexit deadlock, but the idea was immediately knocked back by Ireland as being. . .  Full story

Expansive monetary policy still warranted -SNB's Zurbruegg

21/01 The Swiss National Bank's expansive monetary police remains appropriate, SNB Vice-Chairman Fritz Zurbruegg said on Monday.. . .  Full story

Trade worries sour CEOs' mood as leaders converge on Davos

21/01 Chief executives across the world have grown a lot more pessimistic about the global economic outlook due to trade disputes and tense relations between major powers, a survey showed on the eve of the World. . .  Full story

Stock markets falter after China data confirms economic slowdown

21/01 European shares fell on Monday from six-week highs as a slowdown in China's economy stalled a global equity rally, but sterling rallied to the day's highs after Prime Minister Theresa May promised to be. . .  Full story

Polish foreign minister proposes limiting Brexit deal's Irish backstop-BBC

21/01 Poland's foreign minister said on Monday he is proposing limiting the Irish backstop to five years in order to unblock the Brexit deadlock, a reporter for the BBC in Brussels said.. . .  Full story

All Bank of Israel MPC members voted to keep rate at 0.25 pct

21/01 All six rate setters at the Bank of Israel voted to keep the benchmark interest rate at 0.25 percent on Jan. 7, minutes of the discussions showed on Monday.. . .  Full story

Dollar nears 2-week high as Chinese growth slows

21/01 The dollar held near a two-week high on Monday, shrugging off concerns about weakening global growth and data that showed China's economy slowed sharply in 2018.. . .  Full story

Turkey's Erdogan calls on companies to lower price to help consumers

21/01 Turkish President Tayyip Erdogan on Monday called on companies to lower their prices and cut profits if necessary, to help consumers through a difficult economic time.. . .  Full story

Sri Lanka rupee slips on importer, bank dollar demand; stocks down

21/01 ** Sri Lanka's rupee closed slightly weaker on Monday, snapping two straight sessions of gains, due to dollar demand from banks and importers. ** Stocks fell 0.5 percent to their lowest close in eight. . .  Full story

Sterling volatile before May's Brexit "Plan B"

21/01 Sterling edged off early lows but remained volatile on Monday as traders awaited a statement from Prime Minister Theresa May in parliament on her plans to break a deadlock over Brexit.. . .  Full story

Leu trades near record low as c.bank tender eyed

21/01 The leu traded near record lows ahead of a Romanian central bank deposit tender on Monday which may tighten liquidity in markets but is unlikely to ease worries over new taxes levied this year.. . .  Full story

New Zealand PM Ardern says no-deal Brexit would be very difficult

21/01 New Zealand's Prime Minister Jacinda Ardern said on Monday she was concerned about the prospect of Britain leaving the European Union without a withdrawal deal.. . .  Full story

Shares steady, but caution remains over China growth and U.S shutdown

21/01 Emerging market shares steadied on Monday, helped by a Wall Street rally on Friday, but investors remained cautious as data showed China's 2018 economic growth was the slowest in 28 years, while developing world. . .  Full story

GRAPHIC-Take Five: World markets themes for the week ahead

21/01 Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. SHOULD I STAY OR SHOULD I GO? Another week closer. . .  Full story

Trip hazards aplenty for EM ratings, eyes on Latam

21/01 Credit ratings in the developing world look set to grind lower again this year as the world economy slows, with Latin America likely to be the centre of the action -- though the news. . .  Full story

South African rand flat in early trade

21/01 South Africa's rand was unchanged early on Monday, as the dollar held steady and investor risk appetite held up despite data showing China's economic growth had slowed.. . .  Full story

S.Korean stocks end flat; foreigners buy for 9th consecutive session

21/01 Round-up of South Korean financial markets:. . .  Full story

Data dependent? Five questions for the ECB

21/01 The European Central Bank holds its first meeting of the year on Thursday as concern grows about weak economic growth at home and risks abroad from global trade tensions and Brexit.. . .  Full story

Korean won leads declines as exports weaken, China slows

21/01 Most Asian currencies eased against the dollar on Monday, as data showed China's economy slowed at the end of last year, underlining the need for more stimulus amid the months-long Sino-U.S. trade war.. . .  Full story

Australian dlr trapped in a range; NZ$ at 2-week lows ahead of CPI

21/01 The Australian dollar barely moved on Monday as China's economic growth data came in line with expectations, while its New Zealand cousin drifted to two-week lows.. . .  Full story

China's yuan weakens, takes GDP data in stride

21/01 Broad dollar strength served to push the yuan weaker on Monday as the market also digested data showing China's economy slowed slightly in the fourth quarter amid U.S.-Sino trade tensions. Traders. . .  Full story

Japan recession risk rises on US-China trade war, global slowdown

21/01 Chances that Japan will slide into a recession this coming fiscal year have grown over the past three months, a Reuters poll of economists found, pressured by a global economic slowdown and U.S.-China trade. . .  Full story

Official says Indonesia's c.bank to intervene in domestic NDF to boost liquidity

21/01 Indonesia's central bank will intervene in the domestic non-deliverable forward market to provide liquidity and maintain rupiah stability, a senior official said on Monday.. . .  Full story

S.Korea stocks sag awaiting Chinese growth data; won slips

21/01 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index trimmed early gains in morning trade on Monday, as investors are eyeing Chinese growth figures. . .  Full story

Stocks rally on trade hopes, dollar has 1st weekly gain of 2019

19/01 World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in. . .  Full story

Trade optimism yields dollar's first positive week this year

18/01 The dollar held firm against its rivals on Friday, set for its first weekly gain since mid-December on optimism about talks to end the trade war between China and the United States.. . .  Full story

Stocks rally on trade hopes, dollar set for first positive week of 2019

18/01 Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may. . .  Full story

-Pound set for biggest weekly gain vs euro in more than a year on Brexit hopes

18/01 The pound weakened on Friday as investors took profits after a stellar rally that set the currency up for its biggest weekly gain against the euro in more than a year on growing confidence. . .  Full story

Testing times from Beijing to Wall Street

18/01 If you were surprised by this month's bounce in global stock markets, next week may tell you if you should join in or stay out.. . .  Full story

C$ firms amid hopes U.S.-China trade war will end

18/01 The Canadian dollar edged higher against its U.S. counterpart on Friday as hopes of a possible end to the U.S.-China trade war boosted stocks and oil prices, while domestic data showed that inflation rose. . .  Full story

Take Five: World markets themes for the week ahead

18/01 Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. SHOULD I STAY OR SHOULD I GO? Another week closer to. . .  Full story

Brazil's Bovespa crosses 96,000; Latam currencies steady

18/01 Brazil's benchmark stock index reached an all-time high on Friday on positive investor sentiment about the new government's pension reform plans and U.S.-China trade talks, while Latin American currencies steadied against the U.S. dollar.. . .  Full story

Daily bitcoin transactions on darknet markets doubled throughout 2018 -report

18/01 Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed,. . .  Full story

Forint rallies as data hits zloty and leu tests record low

18/01 The Hungarian forint hit a seven-month high against the euro on Friday and gained against the Polish zloty after data pointed to slower growth in Poland. The forint has rallied. . .  Full story

Sri Lanka rupee extends gains on dollar sales by bank; stocks steady

18/01 ** Sri Lanka's rupee closed firmer for a second straight session on Friday, helped by dollar selling by banks and after the IMF said it would resume discussions with the island nation for further. . .  Full story

EM stocks jump on U.S.-China trade resolution hopes; FX subdued

18/01 Emerging market stocks touched a fresh 1-1/2-month high on Friday as hopes of a resolution to the U.S-China trade dispute lifted investor sentiment, while developing currencies were subdued as the U.S. dollar clung onto recent. . .  Full story

Japan's Dec exports to fall at fastest pace in 2 years, Tokyo CPI steady

18/01 Japan's exports in December likely fell at their fastest pace in more than two years, a Reuters poll showed on Friday, suggesting that slowing global demand and the U.S.-China trade war are starting to. . .  Full story

South African rand steady in early trade

18/01 South Africa's rand traded steady against the dollar on Friday, after slipping in the previous session following the central bank's less-hawkish tone and decision to leave interest rates unchanged.. . .  Full story

S.Korean stocks end higher for 4th straight day; won rises

18/01 Round-up of South Korean financial markets:. . .  Full story

Foreign buying of emerging Asian bonds in 2018 fell sharply

18/01 Foreign purchases of bonds issued in five Asian markets in 2018 fell sharply from the previous year, data shows, as the Sino-U.S. trade war and higher U.S. yields prompted many investors to shy away. . .  Full story

Germany, China pledge to open markets, deepen financial cooperation

18/01 Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties.. . .  Full story

NZ's Q4 inflation seen slowing, may add to rate cut views

18/01 New Zealand's annual inflation is expected to have eased in the final quarter of 2018, adding to growing speculation the central bank may even cut interest rates later in the year if the economy. . .  Full story

Most Asian units trade cautiously amid Sino-U.S. trade optimism

18/01 Most Asian currencies traded within a tight range on Friday as optimism on possible progress in the U.S.-China trade war was offset by strength in the dollar. The greenback. . .  Full story

China yuan inches up on Sino-US trade hopes, but set for 1st losing week in over month

18/01 China's yuan was supported against the dollar on Friday after a report raised hopes of a deal in Sino-U.S. trade talks, though the local currency was still on course for its first losing week. . .  Full story

S.Korea stocks gain as U.S.-China trade woes ease; won rises

18/01 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index climbed on Friday as hopes for. . .  Full story

Australia, NZ dlrs get reprieve on Sino-US trade report

18/01 The Australian and New Zealand dollars got a fillip on Friday as a report of progress in the Sino-U.S. trade dispute buoyed risk sentiment, though both currencies still nursed losses for the week.. . .  Full story

Gloomy forecast for Davos: crises aplenty, but few world leaders

18/01 An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and. . .  Full story

Norway's PM Solberg forms majority centre-right government

18/01 Norway's Prime Minister Erna Solberg struck a deal on Thursday to form a centre-right majority government by adding the small Christian Democratic Party to her minority three-party coalition.. . .  Full story

Dollar stable after competing reports on U.S.-China trade talks

17/01 The U.S. dollar was left flat in Thursday afternoon trade after first rising on a report that U.S. Treasury Secretary Steven Mnuchin had considered easing tariffs imposed on Chinese imports, then retracing those gains after. . .  Full story

C$ hits 9-day low before paring losses on trade optimism

17/01 The Canadian dollar weakened to its lowest in more than one week against the greenback as oil prices fell, but the currency pared losses as investors weighed a possible end to the U.S.-China trade. . .  Full story

Norway PM Solberg to form majority government

17/01 Norway's minority centre-right government has struck a deal with the small Christian Democratic Party to form a four-party majority coalition, it said on Thursday, confirming earlier reports.. . .  Full story

Palladium breaks above $1,400/oz on supply deficit, gold eases

17/01 Palladium surpassed the $1,400 mark for the first time on Thursday, as demand for the auto-catalyst metal overtook its availability in the market, while gold edged lower as the dollar gained on better-than-expected U.S. weekly. . .  Full story