Currencies

Trump says he will speak to Lula at some point as Brazil downplays tariff impact

WASHINGTON/BRASILIA/SAO PAULO -Brazil's government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from...

Gazprom, CNPC discuss future Russian gas supplies to China

MOSCOW -The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties...

Instant view: Canada's economy adds 83,100 new jobs in June

TORONTO -Canada's economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday. Market...

Canada records surprise job gains, June unemployment rate edges down

OTTAWA -Canada's unemployment rate fell slightly to 6.9% in June as the wholesale and retail trade sectors as well as manufacturing, healthcare and social assistance all saw surprise job growth, data...

Profit-Taking Pressures DAX as Fears of "Nasty Tariff Surprise" Loom

Fears of steep U.S. punitive tariffs on the European Union sent the DAX tumbling on Friday. Germany's benchmark index, which had climbed to new record highs earlier in the week, dropped 1.2 percent...

TSX gives up weekly gain as the US plays 'hardball' on tariffs

Canada's main stock index pulled back on Friday from a record high as investors weighed the prospect of increased U.S. tariffs on Canadian goods and after domestic jobs data clipped expectations the...

Kyiv to allocate $6.2 million to drone interceptor program

KYIV -Kyiv will allocate 260 million hryvnias for a drone interceptor program to defend the capital's skies from Russian drones, city authorities said on Friday. Russia has stepped up...

Asian stocks attract foreign inflows for second month, but tariff outlook clouds

Asian stocks drew foreign inflows for a second straight month in June, buoyed by investors wagering on U.S. Federal Reserve interest rate cuts and a softer U.S. dollar, though gains were capped by...

Japan's June core inflation likely slowed as tariff threats loom

TOKYO -Japan's June core inflation likely slowed but remained above the central bank's 2% target, a Reuters poll showed, keeping it under pressure to resume interest rate hikes as U.S. trade tariffs...

Rupee endures weekly decline on tariff jitters but holds ground short of 86/USD

The Indian rupee stayed on the defensive for much of the week and nursed modest losses on Friday as likely foreign portfolio outflows added to pressure from rolling tariff threats from the White...

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had grossly mismanaged the central bank, chastising...

Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open

BRASILIA -Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump's threat of 50% tariffs on Brazilian exports, but vowed to...

Fed considers changes to how it grades big banks

WASHINGTON -The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered well managed, removing a hurdle for potential acquisitions...

IMF says new US tariffs keep trade uncertainty running high

WASHINGTON -The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work...

Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open

* Lula seeks diplomatic solution but vows reciprocal tariffs if needed * Trump links tariffs to Bolsonaro's legal issues * Brazilian sectors...

Fed's balance sheet drawdown likely can continue for some time, Waller says

NEW YORK -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offered a potential...

$4 trillion Nvidia obscures new tariffs

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets If in doubt, latch on to artificial intelligence. Making...

BOJ sees firms taking US tariffs in stride but cautious on outlook

TOKYO -Japanese companies are taking U.S. tariffs in their stride for now, but worry about a potential hit from weakening global demand, the central bank said on Thursday, signalling a prolonged...

DAX Expected to Open Higher as Investors Eye US Jobs Data

In anticipation of key US economic data, calculations by banks and brokerage houses suggest that the DAX will open higher on Thursday. On Wednesday, the index reached a record high of 24,609.15...