Forex News

(Reuters) – Russia said it would resume intervention with the sale of Chinese yuan on the foreign currency market from Friday as part of the budget rule mechanism, the finance ministry and Central Bank said.

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

By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low interest rates has created a casualty money managers will not miss: TINA.

By Mike Dolan LONDON (Reuters) – Almost as surprising as the weekend’s shock events in Brasilia was how little world markets appeared to react – showing investors may already be braced for an era of more volatile geopolitics after 2022’s tensions over Russia and China.

TOKYO (Reuters) – The Bank of Japan’s (BOJ) move to tweak its bond yield curve control last month was a reasonable decision aimed at making its policy sustainable, former board member Sayuri Shirai said on Wednesday.

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

By Noe Torres MEXICO CITY (Reuters) – After two years of record outflows of foreign capital, Mexico’s economy bounced back in 2022 in large part due to attractive yields compared to other destinations, though some analysts doubt last year’s performance will set a new trend.

COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday its website had been targeted by hackers, resulting in trouble accessing its website on Monday and Tuesday.

By Selena Li HONG KONG (Reuters) – Asian shares fell on Tuesday following hawkish comments from two U.S. Federal Reserve officials overnight with investors turning cautious ahead of key inflation data, while China’s reopening after COVID-19 restrictions pushed commodities higher.

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

By Rae Wee SINGAPORE (Reuters) – The U.S. dollar languished near a seven-month low against other major currencies on Tuesday, as investors took heart that the Federal Reserve may be nearing the end of its rate-hike cycle and as China’s reopening drove demand for riskier assets.

By Jorgelina do Rosario and Christian Akorlie

(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Tuesday it will reduce its workforce by about 950 employees as part of a restructuring plan.

By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again, becoming the latest Wall Street heavyweight to do so as the country rapidly dismantles two years of tight COVID-19 restrictions.

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

By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week.

CAIRO (Reuters) – Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tuesday.

MANILA (Reuters) – Philippine inflation is likely to be closer to 3% in late-2023 and in 2024, central bank governor Felipe Medalla said on Tuesday.

By Jorgelina do Rosario and Rodrigo Campos

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