Forex News

SEOUL (Reuters) – South Korea’s central bank kept interest rates unchanged on Thursday, matching market expectations and ending an uninterrupted run of hikes for a year.

By Selena Li HONG KONG (Reuters) – Asian share markets followed Wall Street into the red on Wednesday as surprising strength in global surveys of services stoked fears that central banks would have to lift interest rates yet further and keep them up for longer.

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

SEOUL (Reuters) – South Korea’s producer price inflation slowed for a seventh straight month to its lowest in 22 months, central bank data showed on Thursday.

WELLINGTON (Reuters) – A cyclone that hit New Zealand earlier this month was leading to greater uncertainty around GDP projections, the Reserve Bank of New Zealand’s chief economist Paul Conway said on Tuesday.

By Steven Scheer JERUSALEM (Reuters) – Israel’s shekel fell 1.5% versus the dollar on Wednesday amid a plan to overhaul the country’s judiciary, continuing a rapid decline that could prompt central bank intervention.

By Rae Wee SINGAPORE (Reuters) – The dollar and sterling were buoyant on Wednesday, after a surprise rebound in business activity in the United States and the UK raised the likelihood that their respective central banks would have further to go in raising interest rates.

By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and onshore markets to shield the rupee from the fallout of investors lifting their expectations on the U.S. Federal Reserve’s terminal rate, traders said on Wednesday.

By Naomi Rovnick and Davide Barbuscia LONDON/NEW YORK (Reuters) – Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays higher for longer, are dialling back appetite for both risk assets and government debt.

By Mike Dolan LONDON (Reuters) – The end of modern globalisation may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge.

It was a busy morning on the Eurozone economic calendar. As investors await the Fed minutes, inflation and German business sentiment drew interest.

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

WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday, and said it expects to keep tightening further to ensure inflation returns to within its target range over the medium term.

By Ankur Banerjee and Patturaja Murugaboopathy

By Junko Fujita TOKYO (Reuters) – Japan’s Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part of the year, according to strategists in a Reuters poll.

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks edged lower on Tuesday as the prospect of the U.S. central bank having to stay on its hawkish path weighed on sentiment, with investors looking to the minutes of the latest Federal Reserve meeting for further monetary policy

By Oliver Hirt ZURICH (Reuters) – Swiss financial regulator Finma is reviewing remarks made by Credit Suisse Group Chairman Axel Lehmann about outflows from the lender having stabilized in early December, two people with knowledge of the matter told Reuters.

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

By Tom Westbrook SINGAPORE (Reuters) – The dollar was parked below recent peaks on Tuesday, as a three-week rally faded and traders waited on economic data to figure on whether it’s warranted to push the dollar up any further.

JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu called on Tuesday for a dialogue with opponents of his proposals to overhaul the judiciary which have drawn mass protests and criticism from around the world.