Forex

South African rand dips before GDP data

03/12 South Africa's rand dipped on Tuesday, ahead of gross domestic product (GDP) data that is expected to show a dismal third-quarter performance.  Full story

Yuan hits 5-1/2-week lows as Trump heightens tariff threat

04/12 The yuan dropped to its weakest level since late October on Wednesday as U.S. President Donald Trump once again threatened to extend the 17-month long trade war with China, raising the spectre of fresh. . .  Full story

African Markets - Factors to watch on Dec. 4

04/12 The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - GLOBAL MARKETS Asian shares. . .  Full story

Australia dlr falters as downbeat GDP fuels rate cut bets

04/12 The Australian dollar slipped from three-week highs on Wednesday after disappointing domestic data underlined expectations for additional rate cuts and offset more upbeat economic news from China.. . .  Full story

Shares slide as Trump raises spectre of longer, wider trade war

04/12 Asian shares extended their losses on Wednesday after U.S. President Donald Trump said a trade deal with China might have to wait until after the 2020 presidential election, dashing hopes for a quick. . .  Full story

S.Korea stocks fall as trade hopes wane on Trump comments

04/12 Round-up of South Korean financial markets: ** South Korean shares shed more than 1% on Wednesday after U.S. President Donald Trump's remarks undermined optimism for a quick initial trade deal with. . .  Full story

Australian economy stuck in slow lane as consumers stamp on brakes

04/12 Australia's economy struggled last quarter as cash-strapped consumers refused to spend, even going so far as saving a tax give-away that had been touted by the government as a major fiscal boost.. . .  Full story

Most Asian currencies weaken, S.Korean won falls most

04/12 The following table shows rates for Asian currencies against the dollar at 0131 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0131 GMT. . .  Full story

Yen, Swiss franc hold gains as trade war worries deepen

04/12 The yen and Swiss franc held gains against the dollar on Wednesday as appetite for safe-havens spiked after U.S. President Donald Trump warned a trade deal with China might not come until after the. . .  Full story

Yen, Swiss franc rise on renewed U.S.-China trade tension

03/12 The safe-haven yen and Swiss franc rallied against the dollar on Tuesday as risk appetite eased after U.S. President Donald Trump said a trade deal with China might have to wait until after. . .  Full story

Global dairy prices fall for first time in 3 months

03/12 Global dairy prices slipped for the first time in three months in an auction held early on Wednesday as demand for milk fat products waned.. . .  Full story

Latam stocks dip on trade woes; Brazil FX firms on strong Q3 GDP

03/12 Latin American stock markets fell on Tuesday, with Mexican shares touching a two-month low, as comments by U.S. President Donald Trump sparked fears of a delay in resolving the Sino-U.S. trade war.. . .  Full story

Fear of expanding trade war sinks global equities; bonds rally

03/12 Signs that a deal to end the U.S.-China trade war might not come until after the November 2020 elections weighed on global equity markets on Tuesday as investors sought out the perceived safety of. . .  Full story

Trump says China trade deal may have to wait amid sticking points in talks

03/12 President Donald Trump said on Tuesday a trade deal with China might have to wait until after the U.S. presidential election in November 2020, denting hopes that the two largest economies would soon reach. . .  Full story

Emerging market monthly inflows fall in November -IIF

03/12 Inflows of foreign investor money into emerging economies fell to $20.3 billion in November from $24.9 billion in October, the IIF estimated in a report on Tuesday, a third straight month of net inflows. . .  Full story

Down, down they go: Emerging central banks deliver more rate cuts

03/12 Emerging market policymakers extended the interest rate cut cycle further in November, taking their lead from major central banks and joining in efforts to shore up their economies.. . .  Full story

Latvia's next central banker pledges integrity after scandals

03/12 Latvia's next central bank governor Martin Kazaks pledged to act "with integrity" on Tuesday as he sought to draw a line under corruption and money-laundering scandals under incumbent Ilmars Rimsevics.. . .  Full story

Sterling at six-week highs on latest election poll, weak dollar

03/12 The pound climbed to its highest levels in six weeks on Tuesday against the backdrop of broad-based dollar weakness and after a new poll showed the ruling Conservative Party widening its lead before next. . .  Full story

NY financial services regulator grants virtual currency license to SoFi Digital Assets

03/12 The New York State Department of Financial Services (DFS) has granted virtual currency and money transmitter licenses to SoFi Digital Assets, Superintendent Linda Lacewell said on Tuesday.. . .  Full story

South African rand, stocks slide after GDP shrinks

03/12 South Africa's rand fell sharply on Tuesday after third quarter economic growth showed a surprise contraction, underlying the weak state of the economy and growing risk of credit downgrades.. . .  Full story

C$ holds near multi-week low as trade deal hopes ebb

03/12 The Canadian dollar was little changed against the greenback on Tuesday, holding near its weakest level since October as investors worried that a U.S.-China trade deal would be delayed and awaited a Bank of Canada. . .  Full story

Trump says digital dispute with France could lead to substantial taxes

03/12 U.S. President Donald Trump said on Tuesday there might be substantial taxes on French goods if the United States and France failed to find an agreement in a trade dispute over France's plans for. . .  Full story

Trump says China trade deal might have to wait for 2020 election

03/12 President Donald Trump said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a resolution soon to a dispute that has weighed. . .  Full story

Sri Lanka shares steady; rupee edges down on fiscal deficit concerns

03/12 Sri Lankan shares closed nearly unchanged on Tuesday, hovering near a 17-month high hit in the previous session, while the rupee ended weaker on concerns related to government coffers following recent tax cuts.. . .  Full story

Kenyan shilling under pressure on elevated demand by importers

03/12 The Kenyan shilling was under pressure on Tuesday from merchandise importers buying dollars to ship in higher volumes of goods ahead of the holiday season, traders said.. . .  Full story

Egypt to issue first corporate sukuk within weeks - official

03/12 Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA) official said on Tuesday.. . .  Full story

CEE FX slides marginally, stocks down on fresh U.S. trade woes

03/12 Central European currencies mostly slid marginally in thin trade on Tuesday while stocks eased mirroring emerging assets with investors wary of fallout from a new U.S. trade conflict with Latin American export heavyweights.. . .  Full story

India's Nov gold imports jump to 5-month high as prices retreat

03/12 India's gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world's second-biggest market for the metal restocked after a fall in prices,. . .  Full story

Monetary policy may be less effective in future downturn - Danish cbank governor

03/12 Monetary policy could be less effective in boosting economies during a future economic slowdown, Denmark's Central Bank Governor Lars Rohde said in a speech on Tuesday.. . .  Full story

Stocks slip as U.S. tariffs on Brazil, Argentina spark fresh trade woes

03/12 Emerging market stocks dipped on Tuesday after the United States said it would restore tariffs on metal imports from Brazil and Argentina, raising concerns of yet another trade war for the world's largest economy.. . .  Full story

After stunning rally, southern European bonds face holiday season selloff

03/12 Investors who earned double-digit returns from southern European government bonds are now reducing their exposure, fearful of the thinner trading volumes that dog this segment of the euro zone debt market in the holiday. . .  Full story

Rouble firms slightly but gains capped with focus on U.S. tariffs

03/12 The Russian rouble firmed slightly against the U.S. dollar on Tuesday but there were few drivers for further gains as markets focused on new U.S. tariffs on imports from Brazil and Argentina which sparked. . .  Full story

Switzerland to issue bonds worth 2.5 bln Sfr in 2020

03/12 The Swiss Federal Finance Administration (FFA) plans to issue bonds with a face value of 2.5 billion Swiss francs ($2.51 billion) in 2020, up from around 2 billion this year.. . .  Full story

Swiss bank repo deals with non-banks won't require minimum reserves-SNB

03/12 The Swiss National Bank (SNB) said on Tuesday banks' repo transactions with non-banks would no longer be subject to minimum reserve requirements to reflect the growing importance of non-banks in the Swiss franc repo. . .  Full story

S.Korean stocks fall as Trump's tariffs on Brazil, Argentina hit risk appetite

03/12 Round-up of South Korean financial markets:. . .  Full story

Most flat after Trump sparks off fresh trade war concerns

03/12 Most Asian currencies were unchanged on Tuesday, as gains against a weaker dollar were offset by concerns about the United States sparking off a trade war with Brazil and Argentina, amid an ongoing dispute. . .  Full story

South African Markets - Factors to watch on Dec 3

03/12 The following scheduled economic indicators, debt and currency market moves may affect South African markets on Tuesday.. . .  Full story

Yuan recovers lost ground on dollar weakness, Sino-U.S. trade talks in focus

03/12 China's yuan recovered lost ground on Tuesday morning from a near two-week low hit in the previous session, thanks largely to broad weakness in the greenback in overseas markets on worries about new fronts. . .  Full story

Australia, NZ dollars hold gains as RBA sounds optimistic, US$ wanes

03/12 The Australian and New Zealand dollars held onto hefty gains on Tuesday, after some surprisingly soft U.S. economic news upended their U.S. counterpart and Australia's central bank put rates on hold for the next couple. . .  Full story

African Markets - Factors to watch on Dec. 3

03/12 The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - GLOBAL MARKETS Asian shares. . .  Full story

Australia's central bank holds rates as it weighs past cuts

03/12 Australia's central bank left interest rates at record lows on Tuesday as it waits for the three cuts already delivered to gain traction in a sluggish economy, though markets are wagering more easing will. . .  Full story

Australian interest rate changes since 1990

03/12 The Reserve Bank of Australia cut its cash rate a quarter point to 1.0% on Tuesday, following its monthly policy meeting. The following is a chronology of the Reserve. . .  Full story

S.Korea stocks sag on Trump's tariffs against Brazil, Argentina

03/12 Round-up of South Korean financial markets: ** South Korean shares dropped on Tuesday as U.S. President Donald Trump's surprise decision to impose tariffs on Brazil and Argentina rekindled fears that a. . .  Full story

Australia boasts record current account surplus in Q3

03/12 Australia racked up its largest current account surplus on record last quarter as resource exports to Asia defied global trade tensions, producing an influx of cash that fattens company profits and boosts the government's tax. . .  Full story

Australia government spending adds to GDP growth in Q3

03/12 Australian government spending on operational items rose 0.9% in the September quarter from the previous quarter to an inflation-adjusted A$93.55 billion ($63.48 billion), the Australian Bureau of Statistics reported on Tuesday.. . .  Full story

Trump, citing U.S. farmers, slaps metal tariffs on Brazil, Argentina

03/12 U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing tariffs on U.S. steel and aluminum imports from the two countries in a measure that shocked South American officials and left them scrambling for. . .  Full story

Dollar, stocks slide on Trump tweets, dour PMI data

02/12 The dollar and global stock markets fell on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, with losses exacerbated by a slide in new. . .  Full story

Dollar skids to two-week low after soft U.S. data, trade concerns

02/12 The dollar dropped to two-week lows on Monday after data showed the U.S. manufacturing sector shrank for a fourth straight month in November and construction spending fell unexpectedly, stoking fears the world's largest economy could. . .  Full story

Canadian dollar lags G10 peers as global trade concerns rise

02/12 The Canadian dollar weakened on Monday against its U.S. counterpart and every other G10 currency, as investors worried about a potential escalation of global trade conflicts and awaited a Bank of Canada interest rate decision. . .  Full story

Former CFTC chair takes fintech role at New York law firm

02/12 Chris Giancarlo, who was chair of the U.S. Commodity Futures Trading Commission (CFTC) until July, has been named senior counsel to New York-headquartered law firm Willkie Farr & Gallagher, the company said in a statement. . .  Full story

Latam FX firm as dollar drops; U.S. tariffs pressure stocks

02/12 A dollar weakened by poor U.S. economic data helped Latin American currencies brush off the re-imposition of U.S. tariffs on steel and aluminum imports from Brazil and Argentina on Monday. Brazil's. . .  Full story

Brazil in touch with U.S. officials on surprise steel, aluminum tariffs -source

02/12 The Brazilian government is in touch with the U.S. Trade Representative's office and other agencies about U.S. President Donald Trump's surprise decision to restore tariffs on Brazilian steel and aluminum, according to a source familiar. . .  Full story

S.Africa's rand hits 5-week peak as U.S. manufacturing slip aids EM's

02/12 South Africa's rand powered to a 5-week best as a contraction in the U.S. manufacturing sector boosted bids for risk and emerging markets' currencies and fuelled bets the Federal Reserve would cut lending. . .  Full story

"Bear with me," new ECB boss Lagarde asks lawmakers

02/12 New European Central Bank President Christine Lagarde asked EU lawmakers on Monday to give her time to learn the ropes of her new job and to reshape the ECB's monetary policy in what is. . .  Full story

Sterling falls as probability of hung parliament grows

02/12 The pound was sluggish on Monday as polls showed that the Conservative Party was leading albeit with a smaller advantage, increasing the probability that the Dec. 12 UK election will end in a hung. . .  Full story

Argentine foreign ministry to negotiate with U.S. over aluminum, steel tariffs -ministry spokesperson

02/12 Argentina's Foreign Ministry will begin negotiations with the U.S. State Department following President Donald Trump's decision to restore tariffs on U.S. imports of Argentine steel and aluminum, a ministry spokesperson said on Monday.. . .  Full story

Brazil's real falls to 4.25 per dollar after Trump says he will restore tariffs on Brazil steel imports

02/12 Brazil's real fell around 0.5% through 4.25 per dollar at the open on Monday, after U.S. President Donald Trump said he will immediately restore tariffs on Brazilian steel and aluminum imports.. . .  Full story

Thai PM urges spending in dollars to curb baht gains

02/12 Thailand should spend more in dollars to help weaken the baht, Asia's top performing currency this year, the country's prime minister said on Monday.. . .  Full story

Sri Lanka shares steady at 17-month high on tax-cut optimism; rupee slips

02/12 Sri Lankan shares closed nearly unchanged on Monday, steadying at a 17-month high hit in the previous session, as positive sentiment surrounding tax cuts by the country's new government continued to cheer investors, while the. . .  Full story

Kenyan shilling weakens on surging importer demand

02/12 The Kenyan shilling was under pressure on Monday as strong dollar demand by merchandise importers outstripped inflows from non-governmental organisations, traders said. At 0852 GMT, commercial banks quoted the shilling. . .  Full story

Stocks, currencies rise on strong Chinese manufacturing

02/12 Central European stock markets largely gained, tracking their global peers, and some regional currencies strengthened after an upbeat China manufacturing survey offset discouraging signals in the region's PMI results. China's. . .  Full story

Turkish economy returns to growth, government eyes acceleration in 2020

02/12 Turkey's economy grew 0.9% year-on-year https://tmsnrt.rs/2P6vV18 in the third quarter, breaking three consecutive quarters of contraction as it shook off a recession which followed last year's currency crisis.. . .  Full story

Stocks inch up after strong China data; Gazprom boosts Russian shares

02/12 Emerging market stocks edged up on Monday after declining for two straight sessions, as investors cheered an unexpected rebound in Chinese manufacturing activity, while Russia's Gazprom hit a three-week high as it began gas. . .  Full story

Offshore investors net sellers of South African stocks and bonds

02/12 Offshore investors sold a net 9.84 billion rand ($669 million) of South African stocks last week and 3.46 billion rand of bonds, data from the Johannesburg Stock Exchange showed on Monday. STOCKS. . .  Full story

Sterling fall as the probability of a hung parliament grows

02/12 The pound fell on Monday as polls showed a growing probability the Dec. 12 UK election would end in a hung parliament.. . .  Full story

South Africa's rand flat ahead of GDP figures

02/12 South Africa's rand was flat in early trade on Monday ahead of third quarter growth data expected to show Africa's most developed economy barely expanded.. . .  Full story

S.Korea stocks end higher on upbeat China factory activity data

02/12 Round-up of South Korean financial markets:. . .  Full story

Asian currencies shrug off China data as trade uncertainty looms

02/12 Emerging Asian currencies weakened against the dollar on Monday, as uncertainty around an initial Sino-U.S. trade deal offset upbeat economic data from China. Caution pervaded in markets, with a. . .  Full story

African Markets - Factors to watch on Dec. 2

02/12 The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - GLOBAL MARKETS Global shares. . .  Full story

Yuan extends gains after PBOC chief shuns competitive devaluation

02/12 China's yuan extended gains against the dollar on Monday after the head of the central bank made it known that China would not resort to a competitive devaluation and would aim to keep the. . .  Full story

Australian, NZ dlrs get a hand up from China data

02/12 The Australian and New Zealand dollars firmed on Monday after surprisingly upbeat Chinese data put the squeeze on short positions, though domestic economic news was more mixed.. . .  Full story

S.Korea stocks rise on upbeat China factory activity data

02/12 Late morning round-up of South Korean financial markets: South Korean shares bounced back on Monday after data showed China's factory activity unexpectedly returned to growth in November, although gains were capped. . .  Full story

Australian home prices jump most in 16 years, rest of economy lags

02/12 Australian home prices rose at the fastest pace in 16 years in November as record-low interest rates and looser lending standards turned bust into boom, though other economic news out on Monday was not. . .  Full story

Lebanese trade minister says central bank was asked to halve interest rates -Al Jadeed

02/12 Lebanon's caretaker trade minister, Mansour Bteish, said on Sunday that he and others had asked the central bank governor and commercial banks to reduce interest rates by roughly half as part of measures to. . .  Full story

Nigeria sees stable FX rate, tight monetary policy in 2020 -cenbank

01/12 Nigeria's central bank expects to maintain its stable exchange rate policy in the medium term and keep monetary policy tight in 2020 to combat inflation and support the naira amidst slow. . .  Full story

UK PM Johnson's Conservatives see lead narrow to 15 points -Opinium poll

30/11 British Prime Minister Boris Johnson's Conservative Party saw its lead over the opposition Labour Party narrow over the past week but it remains wide at 15 points, the Observer newspaper said, citing a poll. . .  Full story

Bulgarian PM says S&P rating hike reflects efforts to improve finances

30/11 Bulgarian Prime Minister Boyko Borissov said on Saturday S&P Global Ratings' decision to raise its long-term foreign currency rating for the Balkan state to BBB/A-2 from BBB-/A-3 reflected the government's efforts to improve its finances.. . .  Full story

Nigerian central bank injects $323 mln, 18 mln yuan into currency market

30/11 Nigeria's central bank injected $323.5 million and 17.9 million Chinese yuan ($2.5 million) into the currency market on Friday in an effort to keep it stable and prevent shortages.. . .  Full story

Malaysia to examine ringgit's fall as import costs sting- Mahathir

30/11 Malaysia's government will discuss a depreciation of the ringgit that is making imports more expensive and raising living costs, Prime Minister Mahathir Mohamad said on Saturday, addressing one of the biggest criticisms of his administration.. . .  Full story

Ireland regains AA rating for first time since financial crisis

30/11 Ireland on Friday regained its double-A sovereign debt rating for the first time since its financial crisis a decade ago, as S&P Global took the lead among credit agencies in raising its rating a. . .  Full story

S&P raises Ireland's rating on strong fiscal measures, economic growth

29/11 S&P Global Ratings said on Friday that it raised Ireland's long-term and short-term foreign and local currency sovereign credit ratings to 'AA-/A-1+' from 'A+/A-1', commending the country's strong fiscal measures and economic growth.. . .  Full story

U.S. citizen living in Singapore charged with helping North Korea evade sanctions

29/11 A U.S. digital currency specialist living in Singapore has been arrested and criminally charged with helping North Korea use cryptocurrency and blockchain technology to evade American sanctions, the U.S. Department of Justice said on Friday.. . .  Full story

Stocks dip as trade worries halt record rally, dollar falls

29/11 Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it nearly breached earlier in the week as doubts simmered over the outlook for signing an. . .  Full story

Dollar loses steam, set to end weak flat amid trade uncertainty

29/11 The dollar gave up early gains to trade slightly lower on the day against a basket of currencies on Friday as a still unsigned partial U.S.-China trade deal kept investors on edge and the. . .  Full story

Chile's peso jumps as intervention jolts shorts, Brazil's real drops

29/11 Chile's peso starred among Latin American currencies on Friday, bouncing off an all-time closing low on news of a chunky central bank intervention program, which set it on course for its second best day. . .  Full story

Lebanon central bank to take needed steps amid crisis - banking official

29/11 Lebanon's central bank governor will take "necessary, temporary measures" to preserve the banking sector and depositor rights, the banking association head said on Friday.. . .  Full story

South African rand firms but remains range-bound, stocks fall

29/11 South Africa's rand firmed against the dollar on Friday, but the currency was stuck in a range as investors sought clarity on whether a new U.S. law backing Hong Kong protesters. . .  Full story

Loonie adds to monthly decline as Canada's economy slows

29/11 The Canadian dollar weakened against its U.S. counterpart on Friday, adding to this month's decline as investors worried about U.S.-China tensions and data showed that Canada's economic growth slowed as expected in the third quarter.. . .  Full story

Sterling two-week volatility jumps as UK election nears

29/11 The pound hovered around $1.29 on Friday, showing little reaction to headlines, with investors awaiting major political developments and the result of Britain's Dec. 12 election.. . .  Full story

Take Five: NATO -- dead or alive?

29/11 1/ HAPPY BIRTHDAY NATO! Beneath the birthday bonhomie, tensions will be simmering as the transatlantic military alliance turns 70 and leaders of the 29 member states celebrate near London on Dec. 3-4.. . .  Full story

Azerbaijan passes 2020 budget, expects GDP growth of 3% next year

29/11 Azerbaijan's parliament on Friday passed a budget for 2020 based on an estimated oil price of $55 per barrel and gross domestic product (GDP) growth of 3% next year.. . .  Full story