Forex News

By Matthew Chye (Reuters) – Iron ore futures rose on Wednesday amid high trading volumes as traders looked for bargain buys, after notable losses in previous sessions stemming from China’s state planner held a meeting to discuss actions against price gouging and speculation.

The UK annual inflation rate softened in December. However, inflation remained elevated and will give the Bank of England more to fret about.

By Jonathan Spicer, Marc Jones and Canan Sevgili

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

By Leika Kihara (Reuters) – Japan’s government is likely to present its nominees for the next Bank of Japan (BOJ) governor and two deputy governors on Feb. 10, sources have told Reuters, a choice that will affect how soon the central bank could dial back its

By Kane Wu HONG KONG (Reuters) – Asia shares mostly slipped on Tuesday ahead of Beijing’s expected release of weak fourth-quarter economic data, although investor sentiment about China’s rebound remained positive even as the global economy edges closer to recession.

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

By Tom Westbrook SINGAPORE (Reuters) – The dollar drifted off multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at the Bank of Japan.

By Jamie McGeever ORLANDO, Fla. (Reuters) – Japan risks pulling the rug from under the much-touted “year of the bond.”

By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street.

OTTAWA (Reuters) – Canada’s annual inflation rate eased to 6.3% in December, slightly lower than expected, mainly due to slower yearly growth in gas prices, Statistics Canada said on Tuesday.

By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collapse of the cryptocurrency exchange FTX continues to ripple through the industry.

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

COLOMBO (Reuters) – Sri Lanka’s cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6% in 2023 as the country battles its worst financial crisis in seven decades and is seeking support from the International Monetary Fund (IMF).

(Reuters) – Russia’s central bank said on Tuesday that it sold almost $47 million worth of Chinese yuan on January 13 to buy roubles, as it began to make up for the budget shortfall from falling oil and gas revenues by intervening on forex markets.

UK wage growth figures for November beat forecasts, with private sector wage growth the most marked outside of the COVID-19 pandemic period.

By Medha Singh and Lisa Pauline Mattackal

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

By Sujith Pai BENGALURU (Reuters) – Malaysia’s central bank will deliver its fifth consecutive quarter percentage point hike on Thursday in its effort to keep high inflation under check and provide support to a struggling currency, a Reuters poll found.

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