Forex News

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was subdued on Tuesday ahead of testimony by Federal Reserve chair Jerome Powell, which investors will focus on for cues of the path the U.S. central bank is likely to take in tackling sticky inflation.

By Hannah Lang and Lisa Pauline Mattackal

ZURICH (Reuters) – The Swiss National Bank cannot rule out that it will have to raise interest rates again to bring inflation under control, Chairman Thomas Jordan said on Tuesday.

MOSCOW (Reuters) – Russian economic activity rose in January-February but inflationary pressure also increased, the central bank said on Tuesday, adding that this could warrant a tighter monetary policy.

CAIRO (Reuters) – Egyptian urban consumer inflation will rise in February to its highest level in well over five years, a Reuters poll showed on Tuesday, following a series of devaluations in the Egyptian pound in January.

A look at the day ahead in U.S. and global markets from Mike Dolan

LONDON (Reuters) – Bank of England rate-setter Catherine Mann said on Tuesday that the pound could face downward pressure if investors have not yet fully priced in hawkish messages from the U.S. Federal Reserve and the European Central Bank.

German factory orders increased by 1% in January. However, the consumer goods sector continued to struggle, with domestic demand falling.

By Gaurav Dogra (Reuters) – Most emerging Asia ex-China equity markets witnessed foreign outflows in February as strong U.S. economic data stirred worries that the Federal Reserve would keep interest rates higher for longer than anticipated.

A look at the day ahead in European and global markets from Anshuman Daga

BEIJING (Reuters) – China must advance its relations with Russia as the world becomes more turbulent, Foreign Minister Qin Gang said on Tuesday.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday while bond markets held their breath ahead of an update on the U.S. rate outlook from the world’s most powerful central banker, and a jobs report that could decide if the next hike needs

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a February jobs report that will likely influence how hawkish the U.S. central bank

By Steven Scheer JERUSALEM (Reuters) – Israeli President Isaac Herzog on Monday said a compromise over the government’s plans to overhaul the judicial system, which has led to mass protests, is “closer than ever”, sending financial markets sharply higher.

By Naomi Rovnick LONDON (Reuters) – Stock market investors are calling time on the idea that the Federal Reserve, and other major central banks, have their back.

BERLIN (Reuters) – Investor morale in the euro zone fell unexpectedly in March for the first time since October, dragged down by a decline in expectations as the usual spring revival of the economy is in danger of being short-circuited, a survey showed on Monday.

BEIRUT (Reuters) – A Lebanese investigative judge has scheduled a March 15 hearing for Lebanese central bank governor Riad Salameh as part of a cross-border corruption probe into Salameh and close associates, a judicial source said.

A look at the day ahead in U.S. and global markets from Alun John

Euro area retail sales disappointed this morning. The numbers raise question marks over the ECB’s expectations on consumption and the economy.