Forex News

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve is expected to raise its target interest rate by a quarter of a percentage point on Wednesday, setting aside the rapid hikes used last year to curb a surge in inflation in favor of a more stepwise

By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter.

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was broadly flat against major currencies on Wednesday after easing in the previous session following U.S. data that showed moderating wage pressure, with investors keenly awaiting the conclusion of a Federal Reserve policy meeting.

By Tom Westbrook SINGAPORE (Reuters) – Asia’s stockmarkets steadied on Wednesday, with signs of a slowdown in U.S. wages bolstering hopes that the Federal Reserve could hint at an end to interest rate hikes at its meeting later in the day.

By Rodrigo Campos NEW YORK (Reuters) – Latin America and the Caribbean will face rising poverty and food insecurity in 2023, and trust in government will remain low as long as corruption remains high and the wealthy do not pay their fair share in taxes, the

MOSCOW (Reuters) – Russians’ deposits with non-resident banks increased by around 2.5 times between January and November last year to almost 5 trillion roubles, around $82 billion according to the exchange rate at the time, the central bank said on Wednesday.

By Uditha Jayasinghe COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.

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

It was a busy morning, with euro area inflation and PMIs drawing interest. However, the Fed Chair Powell press conference will be the main event.

NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the third quarter of 2022, data from treasury and financial management firm Kyriba showed on Tuesday.

By Jesús Aguado MADRID (Reuters) – BBVA on Wednesday posted a 38% jump in net profit to a record 6.42 billion euros ($6.98 billion) for 2022 powered by a double-digit increase in lending income and a strong performance in Mexico, a trend the bank expects to

SHANGHAI (Reuters) – Global investment banks have raised their forecasts for the Chinese yuan this year on expectations the country’s economic reopening and Beijing’s decision to relax property sector curbs will trigger strong capital inflows.

By Marc Jones and Gibran Naiyyar Peshimam

By Mike Dolan LONDON (Reuters) – The Fed will loudly insist again on Wednesday that its inflation battle is not yet won – even as it slows the pace of interest rate rises to combat it.

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

By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey released on Wednesday.

By Medha Singh and Lisa Pauline Mattackal

By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter.

By Julie Zhu (Reuters) – Asian shares traded cautiously and bonds nursed small losses on Tuesday as investors braced for an eventful week that includes central bank meetings, a slew of earnings reports and key U.S. economic data.

By Tom Westbrook SINGAPORE (Reuters) – The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in U.S. interest rates could swing into view as soon as this week’s Federal Reserve meeting.