Forex

Rouble slips from 14-month high vs euro, OFZ bonds in focus

17h12 The rouble fell from a 14-month peak versus the euro and into negative territory on Tuesday as oil prices edged lower and Russia's benchmark MOEX stock index slipped from an all-time high amid heightened. . .  Full story

Sterling drops more than 1% amid U.S. yields surge, UK fuel crisis

16h25 Sterling fell more than 1% versus dollar and euro on Tuesday as a steep rise in U.S. Treasury bond yields and fears for the economic impact of a shortage of gas in Britain overshadowed. . .  Full story

Slowing growth worries hammer Latam assets, Mexico's peso slumps 1%

16h24 Latin American stocks joined a broader sell-off in markets on Thursday, driven by uncertainty around economic growth, while surging U.S. Treasury yields weighed on currencies, pushing the Mexican peso down 1%.. . .  Full story

Carbon tax to hit people's pockets if used poorly, ECB warns

16h18 Higher taxes on carbon will hit people's pockets and make it harder for the European Central Bank to reach its inflation target if governments don't use the extra revenue well, European Central Bank President. . .  Full story

Dollar hits 10-1/2-month high as Treasury yields surge

16h04 The U.S. dollar climbed to its highest level in more than 10 months on Tuesday, while other major G10 currencies weakened, as a rise in U.S. Treasury yields made the greenback more attractive. . .  Full story

Stocks down for third day, yields jump as markets prep for rate hikes

15h56 Global shares fell for a third successive day on Tuesday, while bond yields and measures of inflation expectations on both sides of the Atlantic soared on anxiety over when central banks might raise interest rates.. . .  Full story

Bank of England's Mann sees no troubling inflation signs

15h47 Bank of England interest rate-setter Catherine Mann said on Tuesday that inflation signals from financial markets and the labour market were not troubling, and there were signs that the pace of growth in energy prices. . .  Full story

BoE's Mann sees no troubling inflation signs

15h13 Bank of England interest rate-setter Catherine Mann said on Tuesday that inflation signals from financial markets and the labour market were not troubling, and there were signs that the pace of growth in energy prices. . .  Full story

Canadian dollar retreats from 3-week high as bond yields climb

15h10 The Canadian dollar weakened against the greenback on Tuesday as higher U.S. bond yields offset further gains for oil prices, with the loonie pulling back its strongest level in nearly three weeks.. . .  Full story

Sri Lankan shares close at record high as industrials boost

14h53 Sri Lankan shares closed at an all-time high on Tuesday, driven by industrial stocks.. . .  Full story

Sri Lanka appeals to exporters to repatriate earnings quickly

13h00 Sri Lanka on Tuesday appealed to exporters to speed up repatriation of earnings as a foreign exchange shortages bites and authorities scramble to source U.S. dollars to release food containers from ports and fund. . .  Full story

Yields rise in weekly South African government bond auction

12h36 South Africa's government sold a total of 3.9 billion rand ($261.0 million) of its 2035 , 2040 and 2048 bonds on Tuesday. Yields rose compared with the previous auctions.. . .  Full story

Indonesia parliament committee approves government's $190 bln 2022 budget

11h54 Indonesia's parliamentary budget committee on Tuesday approved President Joko Widodo's 2022 budget with total spending of about 2,714 trillion rupiah ($190.40 billion), representing a fiscal deficit equal to 4.85% of gross domestic product.. . .  Full story

Stocks, FX slip as China power crunch deepens slowdown fears

11h41 More evidence of slowing growth in China amid a power shortage and rising U.S. Treasury yields further dented fragile risk sentiment on Tuesday, although a rally in technology and property stocks kept heavyweight Chinese. . .  Full story

Forint sinks to two-month-low on rising U.S. Treasury yields

11h23 Hungary's forint hit a two-month-low against the euro on Tuesday, pressured by rising U.S. Treasury yields, high inflation and a row with the European Union, which has led to a freeze in pandemic recovery. . .  Full story

Taiwan c.bank says currency stable, flags more modest intervention

10h59 The Taiwan dollar's exchange rate with the U.S. dollar has been stable this year without large fluctuations, Taiwan's central bank said on Tuesday, adding it had intervened in the market this year but at a. . .  Full story

Thai baht set to fall for third straight quarter ahead of c.bank meet

10h15 The Thai baht weakened on Tuesday, as rising oil prices weighed on net importing nations in emerging Asian markets, while investors also remained cautious ahead of a central bank policy decision.. . .  Full story

S.Korean stocks end lower on Evergrande, China power shortage worries

09h05 Round-up of South Korean financial markets:. . .  Full story

Central bank digital currencies can slash cross border payment time - BIS

09h02 Central bank digital currencies (CBDCs) can slash the time needed for cross border payments to seconds from days and cut costs, the Bank of International Settlements (BIS) said, citing a pilot scheme to test the. . .  Full story

COLUMN-Hedge funds score taper trade hat trick: McGeever

07h00 Ahead of the Fed's policy meeting last week, hedge funds sold Treasuries, positioned for a steeper 2s/10s yield curve, and increased their bullish bets on the dollar.. . .  Full story

China's yuan inches up, worries over economic recovery cap gains

06h59 Helped by a firmer daily fixing, the yuan strengthened marginally against the dollar on Tuesday, although several investment banks cut economic growth forecasts for China. Goldman. . .  Full story

Japan's Aso urges joint monetary, fiscal policies to spur inflation

06h20 Japanese Finance Minister Taro Aso called on Tuesday for a combination of monetary and fiscal policies to help boost inflation towards the Bank of Japan's 2% inflation target, saying easy money policy has its. . .  Full story

Australian dlr gains on prospect of reopening, higher commodities

06h19 The Australian dollar gained ground on Tuesday, helped by high resource prices and the blistering pace of vaccinations at home, while New Zealand bond yields spiked ahead of a looming lift in local cash. . .  Full story

Microsoft CEO says failed TikTok deal 'strangest thing I've worked on'

05h08 Microsoft Corp's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday.. . .  Full story

S.Korea's c.bank to raise ESG focus in foreign currency asset management

05h00 South Korea's central bank said on Tuesday it would raise its focus on environmental, social and governance (ESG) issues in managing its foreign currency assets and prepare guidelines to be applied to these assets. . .  Full story

S.Korea stocks track Asia markets lower on Evergrande, China power worries

04h58 Round-up of South Korean financial markets: ** South Korean shares fell on Tuesday, in line with their Asian peers, on lingering fears over China Evergrande Group's debt. . .  Full story

New York Fed's Williams cautions of debt-ceiling risk to markets

00h49 New York Federal Reserve Bank President John Williams on Monday warned of the potential negative market reaction if the United States failed to solve its debt-ceiling issue https://www.reuters.com/world/us/what-are-congress-options-funding-govt-raising-debt-limit-2021-09-26, but said market particip. . .  Full story

Chile cenbank to decide on roll-out of digital currency in 2022

27/09 Chile's central bank will decide in early 2022 on a strategy for the potential roll-out of its own digital currency, the bank's president said on Monday, as policymakers worldwide seek to keep pace with. . .  Full story

MARKETS-Rising Treasury yields hit tech stocks; oil at 3-year highs

27/09 U.S. government borrowing costs advanced for a sixth week on Monday, hurting tech stocks as investors bet on rising interest rates, while three-year high oil prices ignited the energy sector.. . .  Full story

Canadian dollar climbs to near 2-week high as oil rallies

27/09 The Canadian dollar strengthened to its highest level in nearly two weeks against the greenback on Monday as oil prices rose and the impact of last week's hawkish shift by the U.S. Federal Reserve. . .  Full story

Latam currencies fall as dollar rises, Brazil real reverses gains

27/09 Latin American currencies fell against a firmer dollar on Monday, while a near 5% jump for oil major Ecopetrol put the Colombian equity benchmark on course for its best session in nearly six weeks.. . .  Full story

Cryptocurrencies see 6th straight week of inflows, led by bitcoin -CoinShares data

27/09 Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed on Monday.. . .  Full story

U.S. dollar gains, tracks rise in Treasury yields

27/09 The U.S. dollar advanced for a second straight session on Monday, bolstered by the rise in Treasury yields ahead of a slew of Federal Reserve speakers this week who could affirm expectations of. . .  Full story

South African rand ends stronger, receding Evergrande fears help

27/09 The South African rand ended stronger after a volatile day of trading on Monday, helped by receding fears of widespread market contagion from indebted Chinese developer Evergrande.. . .  Full story

BoE's Bailey sees growing case for interest rate rise

27/09 Bank of England Governor Andrew Bailey said on Monday that he and other members of the Monetary Policy Committee saw a growing case to raise interest rates, echoing a statement published by the central. . .  Full story

Sterling holds above $1.37 as winter worries offset rate hike expectations

27/09 Sterling rose on Monday as expectations that the Bank of England could hike interest rates early next year gave some support, but fears of a tough winter for the British economy capped its gains.. . .  Full story

Binance to stop Singapore users buying or trading crypto on main platform

27/09 Binance, one of the world's largest cryptocurrency exchanges, said on Monday that users in Singapore would no longer be allowed buy and trade cryptocurrencies on its main platform, to comply with local regulation.. . .  Full story

Citi launches tech hub in Bahrain to develop its digital platforms

27/09 Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employing 1,000 coders over the next decade.. . .  Full story

Sri Lankan shares see best one-day gain since March as financials surge

27/09 Sri Lankan shares closed over 3% higher on Monday, notching their biggest intraday gain since March, boosted by financial and industrial stocks.. . .  Full story

Hedge funds score taper trade hat trick: McGeever

27/09 Ahead of the Fed's policy meeting last week, hedge funds sold Treasuries, positioned for a steeper 2s/10s yield curve, and increased their bullish bets on the dollar.. . .  Full story

Forint slips as market looks past Moody's ratings upgrade, focus on Czech c.bank

27/09 The Hungarian forint extended losses to hit an eight-week low on Monday, underperforming regional peers, as it failed to get a boost after Moody's raised Hungary's sovereign credit rating late on Friday.. . .  Full story

Cryptocurrency exchanges scramble to drop Chinese users after Beijing's ban

27/09 Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese. . .  Full story

China's power shortages curb stocks; Turkey-U.S. ties eyed

27/09 A drop in Chinese energy and metal companies hit by power shortages offset gains across emerging market stocks on Monday, while Turkey's lira came off all-time lows with eyes on frayed relations with the. . .  Full story

S.Korean stocks edge higher on foreign buying

27/09 Round-up of South Korean financial markets:. . .  Full story

Baht, peso tumble as short-term risks linger

27/09 Thailand's baht and the Philippine peso eased on Monday, with analysts sceptical about the near-term prospects of both currencies, while other emerging Asian units eked out meagre gains against a broadly flat U.S. dollar.. . .  Full story

Yuan buoyed by prospects for improved Sino-U.S. ties

27/09 China's yuan recovered on Monday, bouncing from a near one-week low against the dollar hit last week, as the market pinned its hopes on positive developments over the weekend that could lead to better Sino-U.S.. . .  Full story

Australia, NZ dollars bounce as global risk mood swings to positive

27/09 The Australian and New Zealand dollars rallied on Monday as gains in global stocks pointed to an improvement in risk sentiment, while a surge in oil prices led the resource sector higher.. . .  Full story

S.Korea stocks gain on foreign buying; N.Korea-related shares surge

27/09 Round-up of South Korean financial markets: ** South Korean shares rose on Monday, helped by strong buying from foreign investors for an eighth straight session, although worries over China Evergrande Group's. . .  Full story

Crypto-linked stocks plunge in Hong Kong, bitcoin steadies

27/09 C ryptocurrency-linked stocks dropped in Hong Kong on Monday morning, after Chinese authorities intensified their crackdown on the industry, while major cryptocurrencies steadied.. . .  Full story

U.K.'s Wise to join the New Payments Platform in Australia

26/09 Digital money transfer group Wise Plc will join an Australian payments network which should allow transfers to be settled in the country faster and at lower cost, Chief Executive Officer Kristo Kaarmann said on Friday.. . .  Full story

Cryptocurrency exchange Huobi to clean up existing mainland clients by end-2021

26/09 Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local. . .  Full story

Moody's upgrades Hungary's rating on strong rebound in boon for Orban

25/09 Ratings agency Moody's late on Friday raised Hungary's sovereign credit rating to 'Baa2' from 'Baa3' on the economy's strong rebound from the pandemic, which comes as a boon to Prime Minister Viktor Orban amid. . .  Full story

Lira hits record lows as rate cut sets Turkey on uncertain path

24/09 Turkey's lira hit an all-time low against the dollar on Friday, a day after the central bank unexpectedly cut interest rates, reinforcing growing concern over President Tayyip Erdogan's influence over monetary policy.. . .  Full story

S&P 500 edges up, European shares slump amid Evergrande fears, US yields rise

24/09 Wall Street's S&P 500 posted a slim gain on Friday while major European markets slumped as investors weighed potential fallout from debt-laden China Evergrande and U.S. bond yields pushed higher after hawkish stances from central. . .  Full story

Dollar climbs as Evergrande uncertainty percolates

24/09 The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce. . .  Full story

Latam FX, stocks fall; head for weekly falls as Evergrande worries linger

24/09 Most currencies and stocks across Latin America were subdued on Friday as questions arose about whether China Evergrande will make a key interest payment that could avoid a potential global fallout, with Brazil's real. . .  Full story

China's top regulators ban crypto trading and mining, sending bitcoin tumbling

24/09 China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.. . .  Full story

Chinese crackdown on bitcoin another blow to Cathie Wood's ARK ETF

24/09 China's moves to crack down on bitcoin trading dealt another blow to Cathie Wood's ARK Innovation Fund, which outperformed all other U.S. equity funds last year but is now mired among the worst of. . .  Full story

How to tell if Evergrande crisis is spilling beyond China

24/09 Worries surrounding debt-strapped property developer China Evergrande have put investors on guard for evidence that the crisis may be spilling over into broader markets.. . .  Full story

How U.S. regulators are cracking down on cryptocurrencies

24/09 Regulators globally are cracking down on cryptocurrencies, alarmed at a rapidly expanding market that exceeded a record $2 trillion in April. China on Friday said it was banning all crypto trading and mining, sending digital. . .  Full story

Sterling dips after rally triggered by hawkish BoE

24/09 Sterling dipped against the dollar on Friday, losing some of its gains from a rally which followed the Bank of England (BoE) taking a hawkish tone on interest rates and its pandemic-era government. . .  Full story

Poland's c.bank sees economic improvement, slowing inflation

24/09 Poland's central bank said on Friday it expected further economic improvement in the second half of this year and in 2022, with inflation probably staying above the upper limit of its target range in. . .  Full story

Sri Lankan shares end higher on boost from financials, industrials

24/09 Sri Lankan shares ended higher on Friday, boosted by financial and industrial stocks.. . .  Full story

Norway to end coronavirus-related restrictions on Saturday

24/09 Norway will reopen society on Saturday, the government said, ending its coronavirus-curbing restrictions, which have limited social interaction and hobbled many businesses.. . .  Full story

Bitcoin slips after China central bank vows to crack down on crypto trading

24/09 Bitcoin fell nearly 5% on Friday after China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors.. . .  Full story

Malaysia's c.bank to launch alternative reference rate

24/09 Malaysia's central bank will launch an alternative to its interbank benchmark rates that will offer market participants more flexibility and hedging options, it said on Friday.. . .  Full story

Forint hits eight-week low as c.bank shifts rate hikes to lower gear

24/09 Hungary's forint hit an eight-week low against the euro on Friday, extending its losses for a third straight session, after the central bank slowed the pace of rate rises despite lifting its inflation forecasts.. . .  Full story

Turkish lira drops another 1%; FX set for third weekly loss

24/09 The Turkish lira fell to near record lows on Friday, a day after a surprise rate cut from the central bank, while broader emerging markets currencies headed for their third straight weekly loss on. . .  Full story

S.Korean stocks post weekly decline as Evergrande debt woes continue

24/09 Round-up of South Korean financial markets:. . .  Full story

Evergrande keeps Asia FX muted, Philippine stocks cheer dovish c.bank

24/09 Most emerging Asian currencies softened on Friday as investors remained wary of a fallout from debt-laden property developer China Evergrande, while Philippine shares outpaced regional peers after a dovish stance from the country's central bank.. . .  Full story

China's yuan left in limbo as Evergrande woes linger

24/09 The yuan was a tad weaker on Friday, and while the Chinese currency has has barely reacted to fears that property giant China Evergrande Group could default, traders were watching anxiously after an interest payment. . .  Full story

China's Evergrande problem today may dent global growth tomorrow: Jamie McGeever

24/09 For now, it's business as usual. But how China's Evergrande problem unfolds in the coming weeks could end up influencing global policymakers' decision-making next year.. . .  Full story

Australia, NZ dollars dodge bears for now, bonds mauled

24/09 The Australian and New Zealand dollars were clinging to weekly gains on Friday after repeated speculative attacks failed to crack support, though a hawkish turn by some central banks offshore did slug local bonds.. . .  Full story

S.Korea stocks rise on easing woes over Evergrande crisis spilling beyond China

24/09 Round-up of South Korean financial markets: ** South Korean shares rose on Friday, as investors' concerns about embattled developer China Evergrande's debt crisis spilling over to global markets eased. The Korean. . .  Full story

Stocks surge, dollar sags as investors digest Fed, Evergrande

23/09 World stock markets rallied on Thursday and the U.S. dollar retreated from one-month highs as worries faded about contagion from China Evergrande and as investors digested the Federal Reserve's plans for reining in U.S. stimulus.. . .  Full story

Canadian dollar notches biggest gain in a month as stocks rally

23/09 The Canadian dollar strengthened to a one-week high against its U.S. counterpart on Thursday as investor sentiment picked up and domestic data showed that retail sales fell less than expected in July.. . .  Full story

Dollar slumps as risk appetite rebounds

23/09 The dollar fell across the board on Thursday as improved risk sentiment in global financial markets wiped out its gains in the previous session after the U.S. Federal Reserve flagged plans to dial. . .  Full story

S.African rand, Brazil's real firm after cenbank moves

23/09 Central bank moves headlined emerging market currency action on Thursday, with South Africa's rand taking in stride a decision to hold rates, while the Brazilian real firmed after an expected 100 basis points hike. . .  Full story

South African rand gains as central bank holds rates

23/09 South Africa's rand gained strongly on Thursday, as the dollar fell on global markets and the central bank held its main interest rate at a record low.. . .  Full story

-Pound jumps as traders bring forward rate rise forecasts to March

23/09 Sterling rallied nearly 1% on Thursday after the Bank of England said two of its policymakers had voted for an early end to pandemic-era government bond buying and markets brought forward their expectations of. . .  Full story

Pakistan reserves decrease by $479 to $19,543.4 week ending Sept 17

23/09 Pakistan's foreign exchange reserves decrease by $479 to $19,543.4 million in the week ending September 17, compared to $20,022.7 in the previous week, the central bank said on Thursday. RESERVES. . .  Full story

South African rates on hold as expected, economic bounceback mostly done

23/09 South Africa's central bank kept its main lending rate unchanged at 3.5% on Thursday, as expected, saying an economic bounceback from the COVID-19 pandemic was mostly in the past.. . .  Full story

BoE sees growing case for rate rise as inflation to stay higher for longer

23/09 The Bank of England said the case for higher interest rates "appeared to have strengthened" on Thursday after it nudged up its forecast for inflation at the end of the year to over 4%,. . .  Full story