Analysis: Currencies

Loss of dollar's role as world's dominant currency still far off, ECB's Knot says

Some of the world's major currencies will try to compete with the dollar on the global stage and could even attract some investor flows but the dollar will stay the world's key currency for some time...

Lower food prices tame US consumer inflation in April, tariffs squeeze awaited

WASHINGTON -U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook...

Kenya shilling gains slightly versus dollar, LSEG data shows

NAIROBI -Kenya's shilling firmed slightly against the dollar on Tuesday, data from the London Stock Exchange Group showed. At 0709 GMT, the shilling traded at 128.80/129.40, compared...

Brokerages scale back recession odds after U.S.-China trade truce

Major brokerages have scaled back their U.S. recession forecasts following a temporary tariff truce between the U.S. and China, which has fueled optimism for easing global trade tensions.Goldman Sachs...

Indian rupee, bonds poised to rally on ceasefire with Pakistan

MUMBAI -The Indian rupee and bonds are expected to soar this week after a truce was reached and held between nuclear-armed rivals India and Pakistan following the worst clashes between them in nearly...

Brazil cosmetic maker Natura's Q1 net loss narrows by 84%

Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais , 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings...

Fed survey finds general ease in first-quarter credit demand

Top U.S. bank lending officers reported weaker demand from businesses and consumers for many types of credit during the first three months of the year, according to a Federal Reserve report released...

BYD factory delayed in Brazil to be 'fully functional' by end-2026, says official

RIO DE JANEIRO -Chinese electric car maker BYD's new factory in Brazil will be fully functional by December 2026, after its operations were delayed because of an investigation into labor abuses,...

Fed officials say China-US tariff reprieve lowers risks

DUBLIN -The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their trade war, though the levies left in place are still...

Investors cheer US-China tariff truce, but cautious over a final deal

LONDON/SHANGHAI/NEW YORK -A truce in the U.S.-China trade war set off a relief rally in stocks on Monday and propelled the dollar higher, but investors fear further negotiations could prove a long...

Trade peace in our time?

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets      A confusing mix of trade policy shifts and...

Brazil's Lula courts trade ties in Beijing as China spars with Trump

BRASILIA -Brazilian officials on Monday touted President Luiz Inacio Lula da Silva's meeting with China's President Xi Jinping in Beijing as a chance to lure investment and boost Brazilian exports to...

South African rand slips as US-China trade deal boosts dollar

JOHANNESBURG -The South African rand weakened on Monday, weighed down by a much stronger dollar and lower gold prices after the United States and China announced a deal to cut reciprocal tariffs. ...

Instant View: US-China agree to cut tariffs, 90-day pause

Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs and reciprocal duties would drop sharply, giving investors some confidence...

Fed's Cook warns tariffs could lower productivity, feed inflation

PALO ALTO -President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient economy, Federal Reserve...

Fed's Bowman picks staff from Goldman, Davis Polk and BPI, Bloomberg News reports

U.S. Federal Reserve Governor Michelle Bowman has picked three staffers from the banking world, Bloomberg News reported on Friday, citing people familiar with the matter. The three were...

Ex Fed's Warsh highlights a path to lower rates, takes a fresh dig at the Fed

Kevin Warsh, an apparent frontrunner to be U.S. President Donald Trump's pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway to the lower policy rates that Trump...

Exclusive-Fed's Hammack wants clear data before moving on rates, not much data by June

PALO ALTO, California -The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other policies before figuring out the right response, Cleveland...

Trading Day: All eyes on 'Geneva Convention'

TRADING DAY Cautious stability World markets traded on a solid footing this week as the Trump administration struck what could be the first of dozens of trade deals in the...