Forex News

By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and Development (EBRD) said in its regional economic outlook report released on

A look at the day ahead in European and global markets from Wayne Cole.

SYDNEY (Reuters) – Australia employment surprised in January by falling for a second straight month while the jobless rate jumped to its highest since last May, a soft result that could lessen pressure for further aggressive interest rate hikes.

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

By Xie Yu HONG KONG (Reuters) – Asian stocks slipped while the U.S. dollar was steadfast on Wednesday, following U.S. inflation data and remarks from central bank officials that have investors worrying interest rates are going to be higher for longer.

(Reuters) – Bitcoin rose 4.99% to $23,319 at 1959 GMT on Wednesday, adding $1,108 to its previous close.

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Just like that, euphoria in the world’s biggest bond markets has evaporated as signs that inflation is unlikely to ease as fast as hoped suggests major central banks will need to keep interest rates higher for longer.

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

BEIJING (Reuters) – China’s central bank said on Wednesday it will encourage financial institutions to increase lending to private enterprises to support the economy, according to a statement released on its website.

By Swati Bhat and Gibran Naiyyar Peshimam

By John O’Donnell BERLIN (Reuters) – The United States could sanction more banks with links to Russia and will step up enforcement against any dodging existing rules, a senior U.S. official told Reuters, as Western powers seek to reinvigorate efforts to isolate Moscow.

By Mike Dolan LONDON (Reuters) – Market pricing tends to swing back and forth like a pendulum around eventual outcomes – and investors may now have to brace for another tough period working out the amplitude of higher U.S. interest rate possibilities.

UK inflation softened by more than expected in January, which should give the BoE relief after Tuesdays wage growth figures.

SEOUL (Reuters) – South Korea’s import prices fell for a third consecutive month in January to bring the annual growth rate down to a near 2-year low, data showed on Wednesday, adding to signs of easing pressure on consumer inflation ahead.

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

By Steve Holland and Lindsay Dunsmuir (Reuters) – U.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard as his top economic policy adviser as early as Tuesday, a source familiar with the matter said, as the 2024 elections approach.

By Stella Qiu SYDNEY (Reuters) – Asian shares tracked the bounce on Wall Street on Tuesday, as investors remained sanguine that key U.S. economic data due later would show an easing in inflation, while the yen recouped losses ahead of the nomination of a new central

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

By Ankur Banerjee SINGAPORE (Reuters) – The dollar treaded water on Tuesday as investors braced for an highly anticipated inflation report, while the yen strengthened ahead of the expected announcement of surprise pick Kazuo Ueda as the next Bank of Japan governor.

BRASILIA (Reuters) – Brazilian central bank governor Roberto Campos Neto said on Tuesday the country is not at a moment when “it would be good to experiment” on monetary policy, reinforcing that raising the inflation target would not give policymakers flexibility.