Analysis: Currencies

Trump warns of economic slowdown unless Fed cuts rates, triggering selloff

The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell, who says rates should...

China central bank urges state-owned businesses to prioritise yuan in overseas expansion

SHANGHAI -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an official...

Russia's slowing economic growth cuts demand for Chinese imports

Slowing economic growth and reduced demand for large purchases like cars, electronics and household appliances have curtailed the volume of Russia's imports from China, first-quarter customs data...

Turkey's Simsek to meet ratings agencies, investors on US trip

Turkish Finance Minister Mehmet Simsek said he will meet with rating agencies, investors and companies planning to shift supply to Turkey during a visit to the United States this week. I...

BOJ chief Ueda to visit Washington for G20, IMF meetings

TOKYO -Bank of Japan Governor Kazuo Ueda will visit Washington from Tuesday through Sunday to attend the G20 finance leaders' gathering and the annual spring International Monetary Fund meetings, the...

Fed's Goolsbee hopes US not moving to where monetary independence is questioned - CBS 'Face the Nation'

Chicago Federal Reserve President Austan Goolsbee said on Sunday that he hopes the United States is not moving to an environment where the ability of the central bank to set monetary policy...

China's coal imports from Russia rise 6% in March, Indonesia slides

BEIJING -China's coal imports from Russia rose 6% in March from the same month last year to 7.33 million metric tons, data from the General Administration of Customs showed on Sunday, despite...

Trump studying whether to fire Fed Chair Powell, adviser says

WASHINGTON -White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair Jerome Powell, a sign that...

Austria's Raiffeisen Bank denies report it has halted Russia unit sale

Raiffeisen Bank International, the largest Western bank still operating in Russia, is proceeding with the sale of its Russian unit, the bank said on Friday, rejecting a media report that the process...

China set to leave lending rates steady, but tariffs raise easing bets

China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, but markets are wagering on more stimulus being rolled out soon in the...

Trump amps up feud with Fed over rates, accuses Powell of 'playing politics'

U.S. President Donald Trump on Thursday launched a series of attacks against Federal Reserve Chair Jerome Powell, accusing the central bank chief of playing politics by not cutting interest rates,...

Trump has discussed firing Fed's Powell with Warsh, eyed as possible successor, WSJ says

President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then...

Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%

An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the next 12 months approaching 50%, according...

US Treasury in talks with federal agencies to ease bank oversight, Bloomberg News says

U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies as a part of his expanded effort to streamline oversight and coordinate plans to ease regulation,...

US labor market stable; tariffs depress single-family homebuilding

WASHINGTON -The number of Americans filing new applications for unemployment benefits fell to a two-month low last week, suggesting labor market conditions remained stable in April, though...

Denmark's central bank cuts key interest rate by 25 basis points

Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank's decision earlier in the day to cut euro zone rates. The...

PIMCO bearish on dollar, long-term Treasuries as US safe-haven status wavers

U.S. bond giant PIMCO said protectionism in U.S. trade policy strengthened the case for dialing down exposure to the U.S. dollar and long-dated Treasury bonds, while greater reliance on foreign bond...

Russian Arctic oil exports to China jump helped by STS transfers, sources say

Russia's Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according...

Fed's Williams sees no looming need to change monetary policy - Fox Business

Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank interest rate policy as Trump administration tariffs are likely to drive...