Analysis: Currencies

India's inflation edges up, but rate-cut bets stay alive

India's retail inflation accelerated to 2.07% in August as food prices inched higher over the previous month, but stayed well within the central bank's tolerance band, leaving room for another...

Bank of Canada to cut rates on September 17, at least one more to follow this year

BENGALURU -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in a Reuters...

Sterling slips as economy stagnates; eyes on BoE

LONDON -The British pound dropped against the dollar on Friday after data showed the economy had stagnated in July, although it was still set for its second weekly rise before a Bank of England...

Fed's fear meter may be pointing to stagnation, rather than stagflation

WASHINGTON -Federal Reserve officials, already expected to cut interest rates next week, may also be closer to settling a months-long debate over the risks of stagflation after recent data showed...

Currencies: Its fate is sealed

Reactions to the release of the US jobs report seem to confirm an easing of key interest rates following the forthcoming monetary policy committee meeting on Wednesday September 17. The question now...

BOJ should watch out inflation risks from weak yen, ex-Japan FX diplomat says

TOKYO -The Bank of Japan should be mindful of the risk of inflation accelerating due to the yen's prolonged weakness, as Japan's interest rates remain ultra-low, former top currency diplomat Toyoo...

BOJ set to keep rates steady, offer cautious optimism on outlook

TOKYO -The Bank of Japan is expected to keep interest rates steady next week and signal its cautious optimism the economy appears to be weathering the hit from U.S. tariffs, a message that may keep...

US, Japan reaffirm FX commitments, leave room for interventions

The United States and Japan reaffirmed their commitment to market determined exchange rates, while agreeing that foreign exchange interventions should be reserved for combating excess volatility,...

India stock benchmarks to open higher on rising bets for US rate cut

India's equity benchmarks are likely to open higher on Friday, tracking global gains, as softer U.S. jobs data overshadowed a hotter-than-expected inflation reading and bolstered bets for Federal...

Dollar on back foot as jobless claims firm up Fed rate cut views

SINGAPORE -The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next...

US consumer inflation accelerates; weekly jobless claims approach four-year high

U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal...

Indian exporters seek loan relief, favorable rupee rate in meeting with central bank, sources say

MUMBAI -Indian exporters, hurt by punitive tariffs imposed by the U.S., have sought a moratorium on loan repayments and a favorable exchange rate from the country's central bank in a closed-door...

US weekly jobless claims increase as labor market softens

WASHINGTON -The number of Americans filing new applications for jobless benefits increased sharply last week, consistent with a material softening in labor market conditions. Initial...

Another day, another AI record

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest  Oracle's skyrocketing share price lifted Asian equities on...

EU's top court rules against Hungary's nuclear state aid

AMSTERDAM -The EU's top court said on Thursday the European Commission should not have approved Hungarian state aid for the expansion of its Paks atomic plant by a Russian company, ruling that the...

South African rand pares early losses after hot US CPI data

The South African rand strengthened on Thursday after the U.S. saw higher-than-expected consumer inflation data but a surge in first-time applications for unemployment aid kept the Federal Reserve on...

Asian equities see first monthly foreign outflow in four months in August

Asian equities saw sharp outflows in August as worries over U.S. President Donald Trump's tariffs weighed on the outlook for the region's exporters, while a weaker dollar added to margin pressures...

In AI-simulated Fed meeting, political pressure polarises board

TOKYO -A simulated Federal Reserve meeting that used artificial intelligence agents modeled on real-life policymakers showed political pressure polarised members of the board in their rate-setting...

BOJ signals final phase of Ueda's stimulus unwind - selling ETFs

TOKYO -The Bank of Japan is firming up a strategy to unload its huge holdings of risky assets that will likely centre on a plan to gradually sell exchange-traded funds in the market, said three...