Forex News
- Reuters
JAKARTA (Reuters) – Indonesia has raised 81 billion yen ($624.18 million) from a Samurai bond sale of three- to 10-year maturities, with proceeds to be used to help plug a fiscal deficit, the finance ministry said in a statement late on Thursday.
- Reuters
By Andrew Galbraith SHANGHAI (Reuters) – Asian share markets fell on Thursday on widespread investor worries over high inflation and the threat of recession, while oil prices slumped following a report of reassurances from Saudi Arabia over production.
- Reuters
(Corrects day in first paragraph to Thursday)
- Reuters
(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends on Thursday.
- Reuters
By Howard Schneider NEW YORK (Reuters) – Innovations in digital payments and the potential adoption of a central bank digital currency could force central banks to overhaul how they conduct monetary policy, potentially increasing their balance sheets and the tools used to control interest rates, Lorie
- Reuters
(Reuters) – Microsoft Corp on Thursday lowered its forecast for profit and revenue in the fourth quarter, citing a hit from unfavorable currency movements.
- Reuters
(Reuters) – The Russian rouble eased towards 62 against the dollar on Thursday, stabilising in a relatively narrow range after sharp and uncontrolled moves last week caused by an imbalance of supply and demand on Moscow Exchange.
- Reuters
By Natalia Zinets KYIV (Reuters) – Ukraine jacked up its main interest rate to a seven-year-high of 25% from 10% on Thursday, tightening policy for the first time since the Russian invasion to tackle double-digit inflation and protect the hryvnia as some business activity returns.
- Reuters
By Tommy Wilkes and Simon Jessop LONDON (Reuters) – The biggest shareholder in British housebuilder Countryside Partnerships has urged the board to find a buyer for the group, and to include Inclusive Capital, which has made two bids for the company, in the sales process.
- Reuters
By Fergal Smith TORONTO (Reuters) – The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada’s economic outlook and the Bank of Canada likely continues to raise interest rates aggressively, a Reuters poll showed.
- Reuters
BUDAPEST (Reuters) – Hungary’s central bank raised its one-week deposit rate by 30 bps to 6.75% at a tender on Thursday, as widely expected, as it continues to tighten policy to curb inflation which is expected to rise to double-digits in coming months.
- Reuters
By Jason Hovet PRAGUE (Reuters) – Hungary’s forint, battered to near-record lows at the end of May, has scope to recover much of its losses and gain more than 7% in the next year, a Reuters poll of central European currencies showed on Thursday.
- Reuters
By Gaurav Dogra (Reuters) – Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening measures by major central banks and supply chain disruptions due to strict lockdowns in China.
- Reuters
By Harish Sridharan (Reuters) – Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but analysts were still wary of future lockdowns and the direction of U.S. monetary policy, a Reuters poll showed on Thursday.
- Reuters
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S. Federal Reserve interest rate hikes and inflation concerns keep the dollar in the forefront, a Reuters poll found.
- Reuters
By Hari Kishan BENGALURU (Reuters) – The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of reasons supporting it, including its safe-haven status, still strongly outweigh any reason to sell, according to a Reuters poll.
- Reuters
By Tom Westbrook SINGAPORE (Reuters) – Stocks steadied in Asia on Wednesday as Shanghai emerged blinking from two months of lockdown and a dip in oil prices dangled the prospect of a respite from rising energy prices, but nerves about inflation kept investors and bond markets
- Reuters
By Kevin Buckland TOKYO (Reuters) – The dollar rose to a two-week high versus the yen on Wednesday, lifted by higher Treasury yields as global inflation worries flared anew.
- Reuters
LONDON (Reuters) – Bank of England Deputy Governor Jon Cunliffe said on Wednesday the central bank was seeing evidence of a slowdown in the housing market.
- Reuters
LONDON (Reuters) – Chinese investors led by Shanghai Kington Technologies have abandoned an attempt to buy Welsh company Perpetuus Group, which specialises in graphene and nanomaterials, Britain’s government said after launching a security probe.