Forex

South Africa's rand firms as dollar hit by Trump Fed comments

21/08 South Africa's rand firmed on Tuesday as the dollar weakened after U.S. President Donald Trump criticised the head of the Federal Reserve for raising interest rates.  Full story

Economic tailwinds help Australia dlr weather political squall

07h12 The Australian and New Zealand dollars found support from upbeat domestic economic news on Wednesday, while the Aussie handily weathered a squall of political uncertainty that threatened to topple the country's prime minister.. . .  Full story

Yuan inches up for 5th day, eyes on US trade talks, tariffs

07h05 China's yuan inched up against the U.S. dollar on Wednesday as the greenback weakened but traders were reluctant to take fresh positions ahead of the start of the latest round of Sino-U.S. trade talks. . .  Full story

Dollar remains on defensive, U.S.-China trade talks awaited

07h02 The dollar remained on the defensive on Wednesday, as U.S. President Donald Trump's comments on monetary policy continued to weigh on the greenback and as markets awaited U.S.-China trade talks and Federal Reserve minutes for. . .  Full story

Most Asian shares edge up after Wall St gains, but China down

05h50 Asian stocks eked out gains on Wednesday, with sentiment boosted by Wall Street's rise and a record intraday high for the S&P 500 index on Tuesday, but fragile Chinese markets retreated after two days. . .  Full story

Thai c.bank wary of risks, talked about rate hike timing-minutes

05h10 Thailand's monetary policy committee held interest rates steady this month but discussed the timing of the first tightening in years amid concerns about the risks of keeping policy too easy for too long, minutes. . .  Full story

S.Korean stocks inch up, bond yields rebound from 10-month low

04h45 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index edged higher on Wednesday tracking overnight gains on Wall Street as the S&P 500 index. . .  Full story

Most trade rangebound, yuan edges up

03h56 The following table shows rates for Asian currencies against the dollar as at 0144 GMT on Wednesday. CURRENCIES VS U.S. DOLLAR Change on the day. . .  Full story

Japan, China seek to restart, expand FX swap line in sign of warming ties

02h36 Japan and China are in talks to resume a currency swap arrangement between their central banks and expand it roughly 10-fold, people with direct knowledge of the matter said, in a sign of warming. . .  Full story

COLUMN-US isolationism casts cloud over dollar's reserve currency dominance: McGeever

02h00 The share of central banks' FX reserves held in dollars has fallen since Donald Trump was elected U.S. president, in large part due to exchange rate valuation changes. But U.S. isolationism on the global. . .  Full story

S&P 500 sets record high, dollar slips after Trump attacks Fed

21/08 Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fueled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for. . .  Full story

C$ rally loses momentum as wholesale trade falls

21/08 The Canadian dollar was little changed against its U.S. counterpart on Tuesday, pulling back from its strongest intraday level in nearly two weeks, as softer-than-expected domestic data offset higher oil prices and broad declines for. . .  Full story

Venezuelan streets quiet after currency devaluation

21/08 Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by socialist President Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in. . .  Full story

Dollar sell-off over Trump's Fed criticism continues

21/08 The sell-off of the dollar continued through Tuesday, following U.S. President Donald Trump's criticism of the chairman of the Federal Reserve for raising interest rates in an interview with Reuters on Monday.. . .  Full story

Brazil real weakens past 4 to the dollar for first time since March 2016

21/08 The Brazilian real weakened past 4 to the U.S. dollar for the first time since March 2016 in Tuesday afternoon trading.. . .  Full story

IMF to begin talks with Angola on financial support

21/08 The International Monetary Fund (IMF) said on Tuesday it would begin talks with Angola over providing financial support after the oil producing country's economic growth was weaker than expected this year.. . .  Full story

LatAm currencies up on Trump comments, Brazil real slips

21/08 Most Latin American currencies strengthened on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, but the Brazilian real weakened due to concerns over the presidential elections.. . .  Full story

US isolationism casts cloud over dollar's reserve currency dominance: McGeever

21/08 The share of central banks' FX reserves held in dollars has fallen since Donald Trump was elected U.S. president, in large part due to exchange rate valuation changes. But U.S. isolationism on the global. . .  Full story

Forint leads currency gains, central bank holds fire

21/08 A weaker dollar helped Central European currencies including the forint strengthen on Tuesday even as the Hungarian central bank (NBH) kept its record low interest rates on hold at its meeting.. . .  Full story

Sterling seizes on dollar weakness to approach two-week high

21/08 The British pound rose towards a two-week high on Tuesday after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising interest rates.. . .  Full story

South Africa's Shoprite logs first annual profit drop in 19 years

21/08 Africa's biggest grocer Shoprite reported its first annual earnings decline in 19 years on Tuesday, due to a currency devaluation in Angola and a lacklustre showing in its home South African. . .  Full story

Sovereign funds pull $5.7 bln from global markets in Q2

21/08 Sovereign wealth funds (SWFs) pulled $5.7 billion from stock and bond strategies managed by external asset managers in the second quarter, data from research firm eVestment showed on Tuesday, as trade tensions rocked financial markets.. . .  Full story

Britain extends lead as king of currencies despite Brexit vote

21/08 Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union, in another sign London is likely to continue to be one. . .  Full story

REUTERS ANALYSIS

21/08 . . .  Full story

Sri Lankan rupee hits fresh low on foreign outflows

21/08 The Sri Lankan rupee touched a record low of 160.65 per dollar on Tuesday as importer dollar demand and foreign outflows from government securities weighed on the currency, dealers said.. . .  Full story

UK says aims to boost exports to 35 pct of GDP, gives no timeframe

21/08 Britain aims to boost exports to 35 percent of gross domestic product after leaving the European Union as it looks to increase trade ties with the rest of the world, its trade minister said. . .  Full story

Polish government approves 2019 budget with $7.6 bln deficit

21/08 Poland's government approved on Tuesday a draft 2019 state budget assuming a deficit of 28.5 billion zlotys ($7.59 billion).. . .  Full story

New sanctions leave Russia debt holders less sure of Trump's help

21/08 Loading up on Russian sovereign bonds was a consensus trade for emerging market investors once Donald Trump won the White House, but the U.S. President's failure to defuse the threat of ever-tighter sanctions has unnerved. . .  Full story

Trump demands Fed help on economy, complains about interest rate rises

21/08 U.S. President Donald Trump said on Monday he was "not thrilled" with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do. . .  Full story

Japan, China seek to restart FX swap line in sign of warming ties - Kyodo

21/08 Japan and China are in talks to resume a currency swap arrangement between their central banks worth about 3 trillion yen ($27.2 billion), Kyodo News agency reported on Tuesday.. . .  Full story

Sterling boosted by drop in dollar, but Brexit negotiations weigh

21/08 The British pound rose to a near two-week high on Tuesday after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising interest rates.. . .  Full story

Emerging stocks rise to 1-week high, lira falls

21/08 Emerging stocks rose to one-week highs on Tuesday after U.S. President Donald Trump criticised the Federal Reserve for raising interest rates, clobbering the dollar and U.S. Treasury yields, while the lira and rouble continued to. . .  Full story

European banks with Turkey exposure face manageable capital impact - DBRS

21/08 The impact on capital for the European banks most exposed to the Turkish lira crisis is manageable, rating agency DBRS said on Tuesday.. . .  Full story

S.Korean stocks end higher on trade optimism; won gains

21/08 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the Korean won closed higher on Tuesday on hopes that China-U.S. talks would thaw a potential trade war, while criticism of Federal. . .  Full story

Asian units rise as Trump's comments hit dollar; baht outperforms

21/08 Nearly all emerging Asian currencies firmed on Tuesday, with the Thai baht strengthening the most, as criticism of Federal Reserve rate hikes by U.S. President Donald Trump dented the dollar.. . .  Full story

Fed's solo act faces tremors in Turkey and a slower Europe

21/08 The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans.. . .  Full story

Yuan nears 2-week high as Trump Fed criticism dampens dollar

21/08 China's yuan rose to a near two-week high against the U.S. dollar on Tuesday, reflecting a weaker greenback following President Donald Trump's criticism of the Federal Reserve's interest rate policy.. . .  Full story

Australian dlr bounces on dented US$, brushes off messy politics

21/08 The Australian and New Zealand dollars inched higher on Tuesday after President Donald Trump questioned the need for higher interest rates in the United States, undermining the U.S. currency.. . .  Full story

Australia's central bank a "source of stability" amid political turmoil

21/08 Australia's central bank is seeking to be "a source of stability and confidence" by keeping rates at record lows as the future of Prime Minister Malcolm Turnbull was put in doubt by a leadership. . .  Full story

S.Korea stocks, won rise on Trump comments over Fed rate hike

21/08 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the won gained on Tuesday after President Trump, in an interview with Reuters,. . .  Full story

BHP says it is "a little more apprehensive" on short-term commodity prices

21/08 Top global miner BHP Billiton is a little nervous about the near-term outlook for commodity prices, its chief executive said on Tuesday.. . .  Full story

Turkey a reminder of why wider emerging market risk is high: McGeever

21/08 Turkey is at the heart of the turmoil now sweeping through emerging markets. But it's merely a symptom of the troubles, not the cause, and investors would do well to remember that crisis could. . .  Full story

U.S.-China trade talks optimism lifts shares, oil gains

20/08 A gauge of global equity markets rose on Monday on hopes U.S.-China trade talks this week will diffuse the dispute, while Turkey's lira fell anew on cuts to the country's credit ratings and after. . .  Full story

Dollar falls ahead of U.S.-China trade talks, on Trump Fed criticism

20/08 The greenback fell on Monday as investors pulled out of the safe-haven currency with optimism rising over upcoming U.S.-China trade talks, and after U.S. President Donald Trump criticized the pace of the Federal Reserve's interest-rate. . .  Full story

C$ posts 10-day high as Trump comments pressure greenback

20/08 The Canadian dollar rose to a 10-day high against its U.S. counterpart on Monday, as oil prices climbed and U.S. President Donald Trump said he disagreed with the U.S. Federal Reserve's decision to raise. . .  Full story

Venezuela cuts five zeros from currency as economic plan sows confusion

20/08 Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed socialist policies that will push. . .  Full story

Venezuela business group decries Maduro measures as improvised and risky

20/08 Venezuela's main business group said on Monday that socialist President Nicolas Maduro's raft of economic measures, which include a 96 percent devaluation, are not well-planned and could cause severe harm to the crisis-wrought OPEC member. (Reporting. . .  Full story

Pound steadies but Brexit talks dim outlook

20/08 Sterling steadied on Monday but was still near 14-month lows reached last week on concerns about forthcoming talks that may decide whether Britain gets a trade deal with the EU before it quits the. . .  Full story

Turkey initiates WTO dispute complaint over additional U.S. tariffs

20/08 Turkey has initiated a dispute complaint with the World Trade Organisation against additional tariffs imposed by the United States on Turkish steel and aluminium imports, the WTO said on Monday.. . .  Full story

Brazil currency leads losses after presidential poll

20/08 The Brazilian real led losses among Latin American currencies on Monday after an opinion poll showed the market's preferred candidate in October's presidential elections lagging far behind his rivals. Geraldo Alckmin,. . .  Full story

Sri Lankan rupee hits all-time low on importer dollar demand

20/08 The Sri Lankan rupee touched a record low on Monday as importer dollar demand, foreign outflows and government securities weighed on the currency, dealers said.. . .  Full story

Dates for reported China-U.S. trade talks corrected

20/08 References in Reuters stories that the Wall Street Journal had reported U.S.-China trade talks will take place on Aug 21 and 22 are incorrect. The Wall Street Journal had reported that the talks will. . .  Full story

Germany to trump Japan again with world's largest c/a surplus - Ifo

20/08 Germany's current account surplus is set to remain the world's largest this year despite increased trade tensions, the Ifo institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel's. . .  Full story

Lira falls after ratings cut, shots fired at U.S. embassy

20/08 The Turkish lira fell on Monday after S&P Global and Moody's downgraded the country's sovereign credit rating further into junk territory and shots were fired at the U.S. embassy in Ankara, while emerging stocks. . .  Full story

Pound falls as focus turns to Brexit

20/08 Sterling fell on Monday as the dollar rebounded and investors shifted their focus to impending talks that may decide whether Britain gets a trade deal with the European Union before it quits the bloc.. . .  Full story

Kenyan shilling holds steady against dollar

20/08 The Kenyan shilling held steady against the dollar on Monday boosted by banks cutting long dollar positions to meet local reserve ratio requirements, traders said.. . .  Full story

Mahathir says China will sympathise with Malaysia's problems

20/08 Malaysian Prime Minister Mahathir Mohamad said on Monday he believed China would sympathise with his country's "internal fiscal problems" as he seeks to renegotiate, or possibly cancel, more than $20 billion in Chinese-funded projects.. . .  Full story

South Africa's rand opens weaker as global EM jitters persist

20/08 South Africa's rand opened weaker on Monday as global risk aversion continued to put pressure on emerging market currencies.. . .  Full story

EM ASIA FX-Chinese yuan, Indian rupee lead gains as risk appetite returns

20/08 Most Asian currencies started the week on a high note after news of impending lower-level trade talks between the United States and China returned risk appetite to regional markets. China's yuan. . .  Full story

S.Korean stocks, won edge up on optimism over U.S.-China talks

20/08 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the won edged higher on Monday as proposed trade talks between the United States and China improved investor sentiment. Korean bond yields fell. **. . .  Full story

China's yuan rebounds after 10-weeks of declines as Sino-U.S. trade talks ease fears

20/08 China's yuan hit a 10-day high against the dollar on Monday, following a firmer fixing by the central bank and as immediate worries about global trade receded, taking some of the shine off the. . .  Full story

Australia dollar benefits from planned Sino-U.S. trade talks

20/08 The Australian and New Zealand dollars hovered near 1-1/2 week highs on Monday as planned Sino-U.S. trade talks spurred hopes that tensions between the giants may soon ease.. . .  Full story

S.Korea stocks, won bullish on optimism over Sino-U.S. talks

20/08 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the won advanced on Monday, on optimism about planned trade talks between the United. . .  Full story

Turkish lira crisis poses additional risk to German economy - FinMin

20/08 Turkey's currency crisis poses an additional risk to Germany's economy on top of trade frictions with the United States and the possibility of Britain leaving the European Union without a deal, the German finance. . .  Full story

Qatar and Turkey central banks sign swap agreement -Qatar central bank

19/08 Qatar and Turkey's central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar's central bank said on Sunday, days after Turkey's Gulf ally pledged $15 billion in support.. . .  Full story

Venezuelan shopkeepers alarmed by Maduro's latest economic moves

19/08 A fter Venezuelan President Nicolas Maduro's 60-fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of. . .  Full story

Rouhani to appear before Iranian parliament soon, says lawmaker

18/08 An Iranian lawmaker said on Saturday that President Hassan Rouhani would appear before parliament on Aug. 28 to answer questions on his government's handling of Iran's economic struggles, but an aide to Rouhani denied a. . .  Full story

Turkey's Erdogan says to challenge "games" on the economy

18/08 A day after two major ratings agencies downgraded Turkey closer to junk status amid a currency crisis, Turkish President Tayyip Erdogan said he would challenge those playing "games" on the economy.. . .  Full story

Maduro orders 96 pct devaluation in hyperinflation-stricken Venezuela

18/08 Venezuela's president Nicolas Maduro announced on Friday a single exchange rate pegged to his socialist government’s petro cryptocurrency, effectively devaluing by 96 percent in a move economists said would fan hyperinflation in the chaotic country.. . .  Full story

Turkey's lira falls 3 pct, Trump won't take pastor's detention 'sitting down'

17/08 Turkey's battered lira weakened 3 percent on Friday after a Turkish court rejected an American pastor's appeal for release, drawing a stiff rebuke from President Donald Trump, who said the United States would not take. . .  Full story

Moody's downgrades Turkey to Ba3, assigns negative outlook

17/08 Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a. . .  Full story

S&P lowers Turkey's credit rating deeper into junk territory

17/08 Standard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it. . .  Full story

Mexico peso up on NAFTA outlook, Brazil stocks dip

17/08 Mexico's peso firmed on Friday after U.S. and Mexican officials said they were close to settling differences in NAFTA trade talks, while Brazilian equities slid on presidential race jitters. Mexico's peso. . .  Full story

Dollar slips as China-U.S. trade worries ebb

17/08 The dollar fell against a basket of peers on Friday, retreating from a 13-month high hit earlier this week, on lower demand for the safe-haven greenback and some profit-taking, as worries about trade tensions. . .  Full story

Argentina president says poverty to rise as economy slumps

17/08 More Argentines are likely living in poverty now compared with last year, President Mauricio Macri said on Friday, as the country's economy slides toward recession following a currency crisis and a severe drought that harmed. . .  Full story

C$ gains as accelerating inflation adds to rate hike bets

17/08 The Canadian dollar strengthened against its U.S. counterpart on Friday after data showing a surge in domestic inflation triggered increased bets on another Bank of Canada interest rate hike as soon as September.. . .  Full story

Turkey's Albayrak, French counterpart discuss U.S. sanctions, cooperation - ministry

17/08 Turkish Finance Minister Berat Albayrak and his French counterpart Bruno Le Maire spoke by phone on Friday and discussed U.S. sanctions steps against Turkey, agreeing to act together in response to such moves, Albayrak's ministry. . .  Full story

Gold gains, but set for biggest weekly loss in over a year

17/08 Gold recovered some ground on Friday as a weakening U.S. dollar relieved pressure on prices, but the precious metal remained near 19-month lows and looked poised for its biggest weekly drop since May 2017.. . .  Full story

South Africa's rand slides as lira plunge triggers EM sell-off

17/08 South Africa's rand weakened against the dollar on Friday, tracking its emerging market peers lower as the Turkish lira slid.. . .  Full story

Pound sets worst weekly streak against dollar since 2014

17/08 The British pound inched higher on Friday as the dollar fell across the board, and some traders saw a buying opportunity after data this week pointed to the UK economy holding up relatively well.. . .  Full story

Trump says Turkey has acted badly in Brunson case

17/08 U.S. President Donald Trump on Friday said the United States was not going to take Turkey's detention of U.S. Christian pastor Andrew Brunson "sitting down," a day after his Treasury chief said Washington could. . .  Full story

Canadian inflation surges, boosts chances of September rate hike

17/08 Canada's annual inflation rate surged to 3.0 percent in July, its highest level in nearly seven years, raising expectations that the Bank of Canada might raise interest rates again as soon as next month. . .  Full story

Sri Lankan rupee ends weaker, near all-time low

17/08 The Sri Lankan rupee closed weaker and near its all-time low on Friday due to importer dollar demand and foreign outflows from equities and government securities, dealers said.. . .  Full story

Euro zone limping as global trade war escalates

17/08 More evidence that euro zone growth has slowed this year is likely to be seen on Thursday, when surveys are expected to show an escalating global trade war is hurting producers.. . .  Full story

S.Africa's cbank says nationalisation bill won't impact its independence

17/08 South Africa's central bank said on Friday that a proposed amendment bill aimed at nationalising the institution would have no impact on its independence or primary mandate of price stability.. . .  Full story

Nigeria central bank to sell Chinese yuan in second auction -traders

17/08 Nigeria's central bank asked lenders on Friday to submit bids for the Chinese yuan, traders said, in its second auction of the currency after it agreed a swap with the. . .  Full story

Leftists rattle rand with plan to nationalise South Africa's central bank

17/08 Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling. . .  Full story

ANALYSIS-Tide about to turn for markets as easy-money decade ends

17/08 Swept along by super-easy money, investors have debated for years how world markets will react when this central bank largesse inevitably ends. Now the liquidity tide is about to turn, and they have only. . .  Full story

Currencies edge up cautiously, eyes still fixed on Turkey

17/08 Central European currencies firmed slightly on Friday as the Turkish lira, whose plunge sent jitters across emerging markets earlier this week, regained some more ground. The forint and the leu firmed. . .  Full story

Growing trade risks may soon sour foreign appetite for Asian bonds

17/08 Foreigners turned net buyers of Asian bonds in July after three monhts of aggressive selling, but the esalating trade dispute between China and the United States and Turkey's economic crisis paint a gloomy outlook. . .  Full story

Emerging stocks set for worst week since Feb, Turkey tumbles

17/08 Emerging equities were set for their worst week since February after sliding into bear territory while currencies came under fresh pressure on Friday, with Turkey's lira taking another tumble despite central bank measures earlier in. . .  Full story

Kenyan shilling weakens due to importer dollar demand

17/08 The Kenyan shilling eased against the dollar on Friday due to demand from oil and merchant importers, traders said.. . .  Full story

Pound holds above $1.27, buoyed by dollar weakness

17/08 The British pound rose on Friday as the dollar fell across the board and some traders saw an opportunity to buy sterling after data this week pointed to an UK economy holding up relatively. . .  Full story

Most Asian currencies extend lira relief rally, China's yuan weak

17/08 Most Asian currencies firmed on Friday as the Turkish lira recovered and investors scanned the horizon for cues from Sino-U.S. negotiations. News of proposed negotiations between Beijing and Washington lifted spirits. . .  Full story

S.Korean stocks end higher on China-U.S. trade talks; won gains

17/08 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index ended higher on Friday after China and the United States agreed to hold their first trade talks since June next week and as. . .  Full story