Forex News

SEOUL (Reuters) – South Korea’s exports fell in February for a fifth straight month in annual terms, trade ministry data showed on Wednesday, although at a slower pace than in January due mainly to calendar effects related to national holidays.

(Reuters) – Customers of Voyager Digital voted in favor of the crypto lender’s Chapter 11 bankruptcy plan, the company said in a tweet on Tuesday.

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares nudged higher on Tuesday, tracking small gains on Wall Street, while the U.S. dollar paused after a sharp rally as month-end flows lift sentiment and investors adjust to expectations of more interest rate hikes.

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

By Rae Wee SINGAPORE (Reuters) – The pound held steady on Tuesday, retaining gains overnight after Britain struck a new trade deal with the European Union, which brightened the outlook for the post-Brexit UK economy and signalled improved relations between London and the bloc.

By Maximilian Heath BUENOS AIRES (Reuters) – Farmers in Argentina staged a protest in Santa Fe province on Tuesday to demand lower taxes and a better exchange rate for their exports, amid a prolonged economic slump and historic drought that has battered crops and agricultural output.

BEIRUT (Reuters) – Lebanon will triple the tariffs it charges on imports in local currency, according to copies of government decisions seen by Reuters on Tuesday, as the state seeks to boost its revenues amid a worsening economic crisis.

(Reuters) – Global ratings agency Moody’s cut Pakistan’s sovereign credit rating by two notches to ‘Caa3’ on Tuesday amid international loan negotiations, saying the country’s increasingly fragile liquidity “significantly raises default risks.”

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – March madness? After a euphoric January was followed by a somber February, with bonds and equities selling off as strong data renewed rate-hike bets, more wild swings could be next for world markets.

By Medha Singh and Lisa Pauline Mattackal

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

(Reuters) – Sri Lanka’s key inflation rate eased to 50.6% in February from 51.7% in January, the statistics department said on Tuesday.

ZURICH (Reuters) – The Swiss economy is expected to slow this year but will not slide into a recession, the government said on Tuesday, after it reported zero growth at the end of 2022.

By Rae Wee and Tom Westbrook SINGAPORE (Reuters) – The threat of China invading Taiwan, long considered a highly improbable event, has moved to the centre of global money managers’ risk radars and is factoring in their investment decisions, analysts say.

ZURICH (Reuters) – The Swiss economy showed no growth in the fourth quarter of 2022, the government said on Tuesday, as a “challenging international situation” hit manufacturing and exports.

Economic data from France supports a 50 basis point rate hike in March, with a pickup in French inflation likely to be of some concern for the ECB.

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

SYDNEY (Reuters) – New Zealand’s business confidence improved in February as all activity indicators saw a lift, although many remain at very subdued levels compared to historical averages amid intense inflationary pressures, an ANZ Bank survey showed on Tuesday.

SYDNEY (Reuters) – Australia’s current account surplus rose sharply in the December quarter as resource exports boomed and imports eased, providing a sizable fillip to economic growth.

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