Forex

Kenyan shilling weakens slightly against the dollar

12h30 The Kenyan shilling weakened slightly against the dollar on Tuesday, driven by demand from the energy sector and merchant importers as trading resumed from Easter holiday, traders said. At 0945 GMT, commercial banks quoted the shilling at 101.45/65 per dollar, compared with 101.35/55 at Thursday's c  Full story

Oil advances anew, stocks gain on upbeat results

17h45 European energy shares had their best day since January on the back of higher oil prices on Tuesday while Wall Street rose on upbeat results that eased fears of slowing profits.. . .  Full story

Latam FX weakens, Brazilian stocks up on pension reform hopes

17h23 Latin American currencies broadly softened against a robust dollar on Tuesday, while a surge in Brazilian shares on hopes lawmakers would approve a bill to reform the country's bloated pension system helped a key. . .  Full story

Dollar strong as traders await U.S. Q1 GDP data; pound hurt by Brexit woes

17h02 The dollar climbed across the board on Tuesday as financial markets re-opened after the Easter holiday and traders favored the greenback ahead of the release on Friday of U.S. gross domestic product data for. . .  Full story

Sterling slides to two-month low as Brexit pressure builds on PM May

16h53 Sterling slid to a two-month low on Tuesday as hopes for a breakthrough in Brexit talks between the ruling and opposition parties faded and British Prime Minister Theresa May faced growing pressure to quit.. . .  Full story

Sri Lanka stock index posts worst fall in over 7 years after Easter attacks

16h09 The Sri Lankan stock index dived 3.63 percent on Tuesday, its worst plunge in more than seven years, due to retail panic selling in its first trading day after Easter Sunday attacks killed more. . .  Full story

Canadian dollar hits 4-week low ahead of BoC rate decision

15h33 The Canadian dollar weakened to a nearly four-week low against its U.S. counterpart on Tuesday as the greenback broadly climbed and as investors awaited a Bank of Canada interest rate decision on Wednesday.. . .  Full story

Zloty eases slightly as Polish retail sales growth slows

12h10 Central Europe's main currencies eased slightly on Tuesday as retail sales growth in Poland slowed more than expected in March. The region's most liquid units, the zloty and the forint, each. . .  Full story

Emerging market stocks dip, Chinese shares seen falling further

10h59 Emerging market stocks dipped on Tuesday, and Chinese shares were seen weakening further on concerns of Beijing trimming support to an economy whose recent performance has beaten expectations.. . .  Full story

Sri Lanka may need more IMF help as blasts threaten tourism

10h23 Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island's economy and financial markets, and potentially force it to. . .  Full story

Japan's Meiji Yasuda looks to diversify its foreign bond holdings

10h20 Japan's Meiji Yasuda Life Insurance Co plans to increase its foreign bond holdings in the fiscal year through March 2020 by diversifying into more currencies, a senior company executive said on Tuesday.. . .  Full story

South Africa's rand, bonds little changed, stocks set to open higher

09h57 South Africa's rand was little changed in early trade on Tuesday with investors refraining from making large bets as markets reopened after Monday's holiday.. . .  Full story

Japan's Asahi Life plans to up foreign bond holdings to 150 bln yen

09h44 Japan's Asahi Mutual Life Insurance Co plans to increase its foreign bond investment by 150 billion yen and cut its Japanese bonds investment for this fiscal year amid a low-yield domestic environment, a senior company. . .  Full story

GRAPHIC-Take Five: Spring growth? World markets themes for the week ahead

09h32 Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/CENTRAL PLANNING The 100 years since the Fed's creation in 1913. . .  Full story

S.Korean stocks largely unchanged ahead of first-quarter GDP data

09h25 Round-up of South Korean financial markets:. . .  Full story

Yemen c.bank says it's ready to supply banks with foreign currency

09h05 Yemen's central bank said it is ready to supply commercial and Islamic banks with foreign currency to finance imports of goods into the country, which has been pushed to the brink of famine by. . .  Full story

Australian dollar steady ahead of inflation, kiwi languishes

08h51 The Australian dollar traded in a tight range on Tuesday, as volumes were thin in a holiday-shortened week and ahead of the all-important quarterly inflation report, while its New Zealand cousin hovered near two-month lows.. . .  Full story

Indonesia to assume 5.3-5.6 pct economic growth for 2020 - finmin official

08h34 Indonesia's government will target 5.3 percent to 5.6 percent economic growth in 2020, compared with this year's target of 5.3 percent, finance ministry official Askolani said on Tuesday.. . .  Full story

High oil prices hit some Asian currencies, others eke out gains

08h05 The currencies of Indonesia and India fell on Tuesday, as the two countries face higher oil import bills due to global energy market developments, while most other regional ones eked out tiny gains.. . .  Full story

Yuan drifts amid talk Beijing may slow pace of policy easing

07h09 China's yuan was little changed against the U.S. dollar on Tuesday as investors combed through a flurry of comments from policymakers for clues on the pace of further monetary easing. After. . .  Full story

S.Korea stocks largely unchanged amid Iran-U.S. jitters

05h11 Round-up of South Korean financial markets South Korea's KOSPI stock index was little changed on Tuesday as investors adopted a wait-and-watch stance amid uncertainty over U.S. decision. . .  Full story

S.Korea's economy seen losing steam in Q1 on weak exports

04h47 South Korea's first quarter economic growth likely slowed to the weakest pace in more than a year, a Reuters poll showed on Tuesday, as exports faltered and investment activities cooled amid U.S.-China trade. . .  Full story

Oil jumps on U.S. plans to tighten Iran sanctions; dollar eases

22/04 Crude oil jumped almost 3% on Monday after the United States said it will take more steps to choke off Iranian oil exports, while U.S. equities were mixed as Wall Street braced for corporate. . .  Full story

Dollar slips in holiday-thinned trade; loonie, ruble ride oil gains

22/04 The dollar edged lower against a basket of currencies in thin holiday-impacted trading on Monday, while a jump in the price of oil on news Washington plans to tighten a clampdown on Iranian oil. . .  Full story

Most Latam shares slip, Brazil pension proposal in focus

22/04 Most Latin American stocks dipped in lackluster trade on Monday, in line with world stocks, while Brazil's real rose slightly as investors were encouraged that congress will take up a pension overhaul, while Colombia's. . .  Full story

Loonie gains as oil climbs to highest since October

22/04 The Canadian dollar strengthened against its U.S. counterpart on Monday as oil prices jumped to fresh multi-month highs, while investors awaited an interest rate decision this week from the Bank of Canada.. . .  Full story

Sri Lanka rupee falls in thin trade after deadly Easter explosions

22/04 The Sri Lankan rupee fell 0.4 percent on importers' dollar demand in thin Monday trading, after deadly explosions rocked the Indian Ocean island on Easter Sunday that killed at least 290 people.. . .  Full story

Squeezed by low rates, Japan's top two insurers seek different paths

22/04 Nippon Life Insurance, the country's biggest private insurer, plans to increase risk assets such as foreign bonds without currency hedge this fiscal year through March 2020, expecting a pickup in the global economy later this. . .  Full story

HEDGED U.S. DEBT

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Nippon Life plans to increase foreign bonds without FX hedge in 2019/20

22/04 Nippon Life Insurance Co plans to increase its holdings of foreign bonds without currency hedge while reducing those with currency hedge in the year through March 2020, senior company officials said on Monday.. . .  Full story

March foreign flows into Asian bonds the highest since Jan 2018

22/04 Foreign inflows into Asian bonds surged in March as lower U.S. yields and hopes for a Sino-U.S. trade deal boosted demand for regional assets.. . .  Full story

S.Korean stocks close flat in holiday-thin trade

22/04 Round-up of South Korean financial markets:. . .  Full story

Dai-ichi Life plans to reduce domestic assets, wary of U.S. recession

22/04 Dai-ichi Life Insurance, a core company of Dai-ichi Life Holdings, plans to reduce its holdings of domestic bonds and stocks in the year to March 2020, a senior company executive said on Monday.. . .  Full story

Asian currencies slip on higher oil prices

22/04 Emerging Asian currencies faltered on Monday after a rally in oil prices dented sentiment for the region's net importers, with the Philippine peso weakening to its lowest level in nearly two weeks.. . .  Full story

Yuan eases to 10-day low, policy easing views seen reduced

22/04 The yuan eased to a 10-day low against the dollar on Monday, but the Chinese economy's solid first quarter performance has tempered expectations that Beijing will step up more stimulative policies.. . .  Full story

S.Korea shares little changed amid holiday-thin trade

22/04 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index was muted on Monday in holiday-thin trade. The Korean won. . .  Full story

Sudan central bank strengthens currency to 45 Sudanese pounds to dollar - agency

21/04 Sudan's central bank on Sunday strengthened the Sudanese pound to 45 pounds to the dollar from 47.5, state news agency SUNA reported.. . .  Full story

Pakistan PM hints at further cabinet changes after "batting order" shuffle

19/04 Pakistani Prime Minister Imran Khan said on Friday that he would not hesitate to make more changes to his cabinet if required a day after a major reshuffle that saw the appointment of a. . .  Full story

-China will keep supporting economy as 'pressure' lingers - politburo

19/04 China will maintain policy support for the economy, which still faces "downward pressure" and difficulties after better-than-expected first quarter growth, a top decision-making body of the Communist Party said on Friday.. . .  Full story

China's politburo meets to discuss economic situation - Xinhua

19/04 A top decision-making body of China's ruling Communist Party met on Friday to discuss the current economic situation, the official Xinhua news agency reported.. . .  Full story

Japan's Taiyo Life to increase foreign bond holdings, eyes euro debt

19/04 Japan's Taiyo Life Insurance plans to increase foreign bond holdings in the current financial year through March 2020, a senior executive told Reuters on Friday.. . .  Full story

Turkey pins hopes on Trump to avoid sanctions over Russia missile deal

19/04 Turkey's hopes of avoiding punishing U.S. sanctions over its purchase of a Russian air defence system appear increasingly pinned on intervention from Donald Trump, but the president has little leeway to counter Ankara's many critics. . .  Full story

Japan says it's ready to respond to market volatility during long holiday

19/04 Vice Finance Minister Masatsugu Asakawa said on Friday that the Japanese authorities stood ready to respond to any excessive market volatility during the upcoming long Japanese holiday.. . .  Full story

S.Korean stocks edge higher on bargain hunting; down 0.8 pct for week

19/04 Round-up of South Korean financial markets:. . .  Full story

Japan officials quash speculation sales tax hike may be delayed

19/04 Japan's top government officials vowed on Friday to stick to a planned sales tax hike in October, barring a big economic shock, putting an end to speculation that it could be delayed again.. . .  Full story

Yuan inches up, but makes little headway for week despite upbeat China data

19/04 China's yuan inched up against the U.S. dollar at midday on Friday, steadying somewhat after the data-driven swings of the previous two sessions. The Chinese currency leapt on Wednesday after. . .  Full story

Thai growth to be on track if next govt formed by June-c.bank chief

19/04 Thailand's economy is expected to grow 3.8 percent this year as forecast if the next government can be formed by June, the central bank governor said on Friday.. . .  Full story

Taiju Life to increase foreign-bond holdings by 350 bln yen in 2019/20

19/04 Taiju Life Insurance plans to increase its holdings of foreign bonds without currency hedges by about 350 billion yen ($3.1 billion) in the financial year to March 2020, Yoshiki Nakamura, head of investment planning. . .  Full story

S.Korea stocks rebound on brisk U.S. data

19/04 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index rebounded on Friday after a loss in previous session, as. . .  Full story

Dollar steadies after upbeat U.S. data amid holiday-thin trade

19/04 The dollar steadied against a basket of currencies on Friday after hitting a 2-1/2-week high overnight as data pointed to a sturdy U.S. economy, while the euro was dented by weak manufacturing activity in. . .  Full story

Asia Rice-India rates dip as demand slows, Bangladesh to review export ban

19/04 Asian rice exporting hubs saw tepid activity this week, with prices for the staple from top exporter India dipping on lower demand, while Bangladesh mulled a review of its ban on exports of the. . .  Full story

Brexit inertia means London's finance workers face summer slump

18/04 The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of. . .  Full story

Stocks mixed as strong U.S. retail sales offset weak European manufacturing data

18/04 A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from. . .  Full story

C$ weak as retail sales rise is overshadowed by U.S. data

18/04 The Canadian dollar slipped against its U.S. counterpart on Thursday, as data showing a rise in Canadian retail sales was overshadowed by strong U.S. retail sales numbers that pointed to a relatively stronger U.S.. . .  Full story

Pakistan PM Khan appoints new finance ministry chief in major reshuffle

18/04 Pakistani Prime Minister Imran Khan made a sweeping cabinet reshuffle on Thursday after only seven months in power and appointed Abdul Hafeez Shaikh as de facto finance minister to steer the country through worsening economic. . .  Full story

Gold steady as stronger dollar offsets weak Europe data

18/04 Gold held steady near a four-month low on Thursday as gains in dollar driven by data showing robust U.S. retail sales offset support for the metal from weak manufacturing data out of Europe, which. . .  Full story

Dollar gains over euro as data shows strong U.S. economy

18/04 The U.S. dollar gained to its strongest level against the euro in over a week on Thursday as data pointed to a sturdy U.S. economy, while the euro was dented by weak manufacturing. . .  Full story

Pakistan PM Khan appoints new finance minister in major re-shuffle

18/04 Pakistani Prime Minister Imran Khan made a sweeping cabinet re-shuffle on Thursday and named Abdul Hafeez Sheikh as the new finance minister to replace Asad Umar, who stepped down earlier in the day.. . .  Full story

Sudanese pound strengthens on black market after Bashir's ouster -traders

18/04 The Sudanese pound strengthened sharply on the black market on Thursday, two traders and a businessman said, as imports dwindled amid the political chaos that led to the overthrow last week of president Omar al-Bashir.. . .  Full story

STATEMENT

18/04 . . .  Full story

UK condemns U.S. application of Cuba sanctions to foreign companies

18/04 Britain said it was concerned by new attempts by the United States to require foreign companies to abide by U.S. sanctions on Cuba that have been rejected by Britain and other European countries.. . .  Full story

Tepid growth sends investors scurrying back to German Bunds

18/04 Euro zone government bond yields were on track for their biggest one-day decline in three weeks after a business survey painted a bleak picture for German manufacturing, fuelling worries about the euro zone economy.. . .  Full story

Pakistan reserves decrease $1,028 mln to $9,243.7 mln week ending April 12

18/04 Pakistan's foreign exchange reserves decrease $1,028 million to $9,243.7 million in the week ending April 12, compared to $10,271.9 million in the previous week, central bank said on Thursday. RESERVES. . .  Full story

Sterling staggers near $1.30 despite strong UK retail sales

18/04 Sterling fell on Thursday as the dollar's rally gathered momentum, with strong British retail sales data doing little to shake the currency out of a slumber following a six-month extension to Brexit.. . .  Full story

Sri Lanka rupee rises; stocks edge higher ahead of long weekend

18/04 The Sri Lankan rupee closed 0.34 percent firmer on Thursday helped by banks' dollar sales, while stocks ended marginally higher for the fourth straight session in thin trade ahead of a long weekend. ** Many. . .  Full story

India rate panel concerned on growth, some flag inflation risks

18/04 India's interest rate setting panel expressed concerns over a slowing economy, according to minutes of its latest monetary policy meeting released on Thursday, even as a few said they feared a bounce-back in inflation.. . .  Full story

Top two African economies to drag on sub-Saharan growth this year

18/04 Economic disruption from uneven currency trading in Nigeria and continued electricity shortages in South Africa are set to hold back overall growth across sub-Saharan Africa this year, a Reuters poll of. . .  Full story

Nigeria unlikely to change forex policy, information minister says

18/04 Nigeria's current policy of multiple exchange rates for its currency, the naira, is working well, and the central bank is unlikely to change it anytime soon, the government's information minister said.. . .  Full story

Take Five: Spring growth? World markets themes for the week ahead

18/04 Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/CENTRAL PLANNING The 100 years since the Fed's creation in 1913. . .  Full story

Indonesian markets cheer as Jokowi on track for re-election

18/04 Indonesian financial markets surged after opening on Thursday, buoyed by news that incumbent leader Joko Widodo was on course to get a second five-year term, though gains were pared in the afternoon as some investors. . .  Full story

Currencies, bond yields fall on weak euro zone PMIs

18/04 Central European currencies eased and government bond yields dropped on Thursday after weak manufacturing figures from the euro zone hit the euro and boosted euro zone government bonds. Flash April. . .  Full story

Asia Coffee-Low prices in Vietnam, elections in Indonesia slow trade

18/04 Coffee trading has been slow this week in Vietnam due to weak prices, while elections in Indonesia saw traders keep to the sidelines.. . .  Full story

Emerging shares, FX fall; Indonesia buoyed by election optimism

18/04 Emerging market shares slipped in lacklustre trade on Thursday ahead of a long Easter holiday as they tracked a dip on Wall Street overnight, while developing currencies also lost ground against a stronger dollar.. . .  Full story

South Africa's rand weaker as risk demand fades before Easter

18/04 South Africa's currency traded weaker early on Thursday, shifting back above the 14.00 mark with investors closing positions and taking profits in anticipation of low volume ahead of the Easter holidays.. . .  Full story

Sterling steady before retail sales data

18/04 Sterling steadied on Thursday as traders prepared to see if British retail sales data could shake the currency out of a recent slumber.. . .  Full story

EM ASIA FX-No Asia emerging market forex report on April 19

18/04 There will be no Asia emerging markets currencies report on Friday, April 19, as most regional foreign exchange markets will be closed for Good Friday.. . .  Full story

S.Korean stocks plunge nearly 1.5 pct amid intensifying trade frictions

18/04 Round-up of South Korean financial markets: ** South Korean shares slumped 1.4 percent on Thursday as foreign investors and local institutions trimmed their equity exposure amid intensifying trade frictions. The won and the benchmark bond yield. . .  Full story

China Q1 FDI up 6.5 percent y/y in yuan terms

18/04 Foreign direct investment (FDI) into China rose 6.5 percent in January-March to 242.28 billion yuan ($36.19 billion) compared with a year earlier, the Ministry of Commerce said on Thursday.. . .  Full story

Big corporates back crypto "plumbing" despite currency caution

18/04 Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they're steering clear of the volatile currencies themselves.. . .  Full story

China to lure more foreign investment in bonds, stocks

18/04 China aims to attract more foreign investment in its bonds and stocks as the country further opens up its capital markets, the foreign exchange regulator said on Thursday.. . .  Full story

S.Korea's c.bank trims growth outlook as rate cut bets rise

18/04 South Korea's central bank cut its 2019 growth forecast further to a seven-year low while keeping its policy rate unchanged on Thursday, bolstering chances it may soon cut rates amid sagging exports and muted inflation.. . .  Full story

Yuan eases off 1-mth high, focus back on trade after upbeat GDP

18/04 China's yuan eased off a one-month high against the U.S. dollar on Thursday, as some companies took advantage of a much stronger midpoint to load up on the greenback. After strong. . .  Full story

S.Korea stocks weaken on renewed U.S.-China trade tension

18/04 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index dropped on Thursday as renewed trade tension between the United. . .  Full story

China's c.bank sets yuan mid-point at strongest in a month

18/04 China's central bank on Thursday lifted its official yuan midpoint to 6.6911 per dollar, the strongest in a month, to reflect solid gains in spot yuan in the previous session.. . .  Full story

Latam currencies rise, Brazil stocks slide as pension vote delayed

17/04 Brazilian stocks fell on Wednesday as a crucial vote related to pension reform was postponed to next week, while currencies in Latin America were mostly higher as the dollar softened.. . .  Full story

C$ retreats from 4-week high as market distrusts inflation uptick

17/04 The Canadian dollar was little changed against its U.S. counterpart on Wednesday, pulling back from an earlier four-week high as investors doubted that a pick-up in domestic underlying inflation would be sustained.. . .  Full story

Dollar weakens vs euro after China growth data tops views

17/04 The greenback weakened against the euro on Wednesday as better-than-expected economic growth data in China bolstered risk appetite and a day ahead of the release of closely watched economic data for the euro. . .  Full story

Argentina freezes prices on staples from rice to milk in inflation 'battle'

17/04 Argentina will freeze prices on dozens of staple products, including rice, sugar and milk, in a bid to rein in rampant inflation and support hard-hit consumers ahead of national elections at the end of. . .  Full story

Gold eases as China data boosts risk sentiment

17/04 Gold eased on Wednesday, holding near the 2019 lows touched in the previous session, as economic growth data from China assuaged concerns about global growth and drove investors into riskier assets.. . .  Full story

South African rand lifted by Chinese growth; stocks flat

17/04 South Africa's rand firmed on Wednesday as an unexpected rise in economic growth in major trading partner China boosted demand for emerging market currencies worldwide.. . .  Full story

Price pressures fail to shake sterling out of slumber

17/04 Sterling struggled to make much headway on Wednesday after data showed British prices rose slightly slower than expected in March, easing the pressure on the Bank of England to tighten monetary policy.. . .  Full story

New U.S. venture capital fund launched with focus on blockchain; $50 mln funding

17/04 Proof of Capital, a U.S. venture capital fund, was launched on Wednesday with funding of $50 million, its founders said in a statement. The fund will invest in blockchain projects.. . .  Full story

China requires new private corporate bond issues to come with CDS -sources

17/04 China's securities regulator has asked brokerages to insure new bonds from private companies with credit default swaps (CDS), a move aimed at helping firms struggling to raise funds to come to the market, several sources. . .  Full story