Forex News

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Sunday welcomed the European Commission’s (EC) decision to continue recognising certificates issued by his country for Filipino seafarers, saying it averted job losses for roughly 50,000 sailors.

By Asif Shahzad ISLAMABAD (Reuters) – Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier, the statistics bureau said on Saturday, as at least 16 people were killed in stampedes for food aid.

MEXICO CITY (Reuters) – The Mexican economy is seen expanding up to 3.0% both this year and in 2024 as consumer price inflation is expected to slow, according to a copy of the government’s draft budget document seen by Reuters on Friday.

By Stella Qiu SYDNEY (Reuters) – Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session after an upside surprise in German CPI raised the stakes for

By Tom Westbrook SINGAPORE (Reuters) – The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar’s yield advantage is in decline.

By Marc Jones LONDON (Reuters) – From a red-hot January as China cast off COVID curbs to February’s flop when interest rates surged and now a manic March of banking blow-ups – financial markets have had an action-packed start to the year even by recent standards.

By Alexander Marrow and Elena Fabrichnaya

NUSA DUA, Indonesia (Reuters) – Southeast Asian central bank governors and finance ministers are set to wrap up talks on Friday, after meeting in Bali this week for discussions often focused on how the region can remain resilient in the face of a spike in global

LONDON (Reuters) – Investors moved $508 billion into cash in the first three months of this year, the largest quarterly inflow since market turmoil early in the COVID-19 pandemic, according to BofA Global Research, as the failure of several banks sent markets spinning.

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

FRANKFURT (Reuters) – Inflation in the euro zone dropped by the most on record in March but growth in core prices accelerated, Eurostat data showed on Friday, likely strengthening the case for more interest rate hikes by the European Central Bank.

(Reuters) – India’s external debt rose 1.2% quarter-on-quarter to $613.1 billion as of end-December, the government said in a statement on Friday.

By Mike Dolan LONDON (Reuters) – Even after a bank shock that could well have changed the whole picture, investors appear reluctant to give up the ghost just yet.

,(Reuters) – Spring is in the air, the banking crisis appears to have been contained for the time being and it’s time to take a look at how the real economy is faring.

BUDAPEST (Reuters) – Hungary’s government aims to phase out price caps on basic food and mortgage rates gradually as inflation slows, Prime Minister Viktor Orban said on Friday, without giving an exact timeline.

By Anushka Trivedi MUMBAI (Reuters) – Indian foreign exchange traders are betting on a rise in dollar/rupee forward premiums as U.S. interest rates are expected to ease later this year, bankers and analysts said.

By Naomi Rovnick, Nell Mackenzie and Chiara Elisei

By Francesco Canepa FRANKFURT (Reuters) – German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters shows.

A look at the day ahead in European and global markets from Tom Westbrook

MANILA (Reuters) – Philippine annual inflation in March was expected to come in between 7.4% and 8.2%, with downward pressure seen from lower prices of petroleum and some food items, the central bank said on Friday, ahead of the release of the data on April 5.