Currencies

US stock futures subdued ahead of crucial jobs report, tariff ruling

U.S. stock index futures were muted on Friday, as investors refrained from placing big bets ahead of a crucial nonfarm payrolls report and a Supreme Court ruling on President Donald Trump's tariffs. ...

Portugal proposes Mario Centeno for ECB vice-presidency

Portugal's finance ministry has submitted the country's former central bank chief Mario Centeno as a candidate to become the next vice-president of the European Central Bank, it said on Friday. ...

Canadian dollar hits one-month low as investors reduce risky bets

The Canadian dollar steadied near a one-month low against its U.S. counterpart on Thursday as the recent increase in geopolitical uncertainty weighed on commodity-linked currencies and investors...

US Treasury's Bessent says Rieder not yet interviewed for top Fed job, decision likely this month

BlackRock's chief bond investment manager, Rick Rieder, has not been interviewed yet by U.S. President Donald Trump for the Federal Reserve top job, Treasury Secretary Scott Bessent said on Thursday,...

Fed to cut rates slightly this year, CBO forecasts

The Federal Reserve will likely cut rates a little more to address downside risks to the labor market and then stop there, the Congressional Budget Office forecast on Thursday, with higher tariffs and...

Brazil full audit court to decide on inspection of documents in Banco Master liquidation

A judge on Brazil's federal audit court on Thursday agreed to a request from the central bank to submit for a plenary decision on whether the court should inspect central bank documents related to...

Fed's Miran says he's looking for rate cut of 150 basis points this year

Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for 150 basis points of interest-rate cuts this year to boost the U.S. labor market. ...

US December jobless rate likely at 4.6%, Chicago Fed says

The U.S. unemployment rate was unchanged at 4.6% in December, the Chicago Federal Reserve estimated on Thursday, a figure that suggests the labor market remained stuck in a low-hire, low-fire mode and...

Brazil annual inflation rate likely slowed further in December 

Brazil's annual inflation rate likely slowed further in December, a Reuters poll showed, falling further below the upper limit of the central bank's target range for a second month in a row. ...

India's RBI considering fresh exporter relief steps after low take-up of loan moratorium, sources say

India's central bank is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said. ...

Euro zone consumer inflation expectations hold steady

Euro zone consumers kept their inflation expectations unchanged in November, predicting a steady slowdown in price growth towards the European Central Bank's 2% target in the coming years, an ECB...

ECB's Santos Pereira: monetary policy has done its job, no need to change rates

European Central Bank policymaker Alvaro Santos Pereira urged governments to do more to lift growth in the euro zone, saying ECB policy had done its work to support the economy and there was no reason...

RBI actions likely to keep the rupee in a narrow trading range over coming months: Reuters Poll

The Indian rupee will trade in a narrow band against the dollar over the next few months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India is likely to keep up...

Japan November real wages fall at fastest pace since January

Japan's real wages fell in November at the fastest pace since last January, dragged down by a sharp drop in one-off bonus payments, preliminary government data showed on Thursday. The...

Nestle infant formula recall widens to China, Brazil

Nestle's recall of some batches of infant nutrition products has widened beyond Europe to the Americas and Asia, including China and Brazil, a tally from the company and national health ministry...

Euro zone economy ends 2025 on benign note even as risks linger

Euro zone inflation slowed to 2% last month, capping a surprisingly benign year price-wise for the currency bloc, even as questions linger about the delayed impact of U.S. tariffs, German stimulus and...

Toronto home sales fall for a third straight month on economic uncertainty

Greater Toronto Area home sales fell for a third straight month in December and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed...

RBI support to cushion India rupee downside amid Asia softness

The Indian rupee is set to open largely unchanged on Wednesday and trade in a narrow range, with expectations of central bank support blunting pressure from slightly softer Asian cues. ...

Trading Day: No pain, plenty gAIn for world stocks

The S&P 500 and many stock indexes around the world clocked fresh highs on Tuesday, propelled by optimism around AI, while copper prices also hit fresh records, as investors brace for a flurry of U.S....