Forex

South Africa's rand weakens as Eskom crisis weighs

19/02 South Africa's rand fell on Tuesday, with investors staying on the sidelines ahead of the annual budget where the financial crisis at state power utility Eskom is set to be addressed.  Full story

U.S. Fed says minutes to be released on time as offices close

05h58 The U.S. Federal Reserve said minutes of its January policy meeting would be released on Wednesday as scheduled though its offices in Washington would be closed due to bad weather.. . .  Full story

Asia shares rally to 4-1/2-month peak on hopes of U.S.-China trade deal

05h26 Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.. . .  Full story

U.S. wants pledge for stable Chinese yuan as talks resume -report

05h20 The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries' trade war, Bloomberg reported on Tuesday.. . .  Full story

Australia, NZ dlrs rally with yuan, resource prices

05h16 The Australian and New Zealand dollars were grinding higher on Wednesday as hints of progress in Sino-U.S. trade talks lifted the yuan, while dovish signals from a range of central banks supported commodity prices.. . .  Full story

S.Korean stocks jump to 4-month high on foreign buying; won rises

05h04 South Korean stocks rose to a four-month high on Wednesday as foreign investors banked on a weaker dollar to pump more cash into Seoul shares. The Korean won gained 0.6 percent on the U.S.. . .  Full story

FOREX-Dollar struggles ahead of Fed minutes, but gains on the yen

04h49 The dollar was capped against its peers on Wednesday on falling U.S. yields and before the Federal Reserve's policy meeting minutes, though it managed to gain on the yen as stronger investor risk appetite. . .  Full story

Asian currencies up; S.Korean won, Thai baht, Chinese yuan lead gains

04h37 The following table shows rates for Asian currencies against the dollar at 0233 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at. . .  Full story

Latam FX firms, Brazilian stocks mount recovery

00h05 A Latin American equities benchmark rose on Tuesday, bolstered by a rebound in Brazilian shares, while Latin American currencies broadly advanced against a soft dollar. Global currency traders wound back. . .  Full story

Gold hits 10-month peak on growth worries; dollar dips

19/02 Gold prices rose to a 10-month high on Tuesday as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar, which fell on optimism for. . .  Full story

Trump says March 1 deadline for China trade talks not 'magical' date

19/02 U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a. . .  Full story

Dollar falls on U.S.-China trade hopes, Swedish crown tumbles

19/02 The dollar slipped against a basket of other currencies on Tuesday as traders scaled back their safe-haven greenback holdings on optimism that a fresh round of talks between China and the United States would. . .  Full story

C$ gains as investors bet on trade talks breakthrough

19/02 The Canadian dollar rallied to its highest level in nearly a week against a broadly weaker greenback on Tuesday, as oil prices rose and investors bet on a breakthrough in trade talks between the. . .  Full story

Trump says March 1 deadline for China trade talks not 'magical' date

19/02 U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a. . .  Full story

Argentina's billion-dollar buying spree reins in peso, rates

19/02 Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion U.S. dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves. . .  Full story

Sterling shoots above $1.30 on Brexit hopes in jittery session

19/02 Sterling shot past $1.30 on Tuesday on hopes that Prime Minister Theresa May will make progress in seeking changes to her Brexit deal with the European Union, although some traders struggled to explain the. . .  Full story

Latam currencies rise ahead of trade talks; Brazil stocks recover

19/02 Latin American currencies strengthened on Tuesday amid increased risk appetite for assets in the region as the dollar softened with investors tracking the next round of trade talks between the United States and. . .  Full story

UK's Gove: Govt will use tariffs to protect farming in no deal Brexit

19/02 Britain will use import tariffs to protect its farming industry if it fails to reach a trade pact with the European Union, farming and environment minister Michael Gove said on Tuesday.. . .  Full story

Zloty drifts sideways after strong wage data

19/02 The zloty bucked a mild easing of Central European currencies and stocks on Tuesday, taking support from stronger than expected growth in Poland's corporate wages and employment. Stocks in emerging markets. . .  Full story

Overseas investors shy away from Asian bond markets in January

19/02 Foreign flows into emerging Asian bonds turned negative for the first time in four months in January, data showed, suggesting that a shift away from a tightening bias for regional central banks is dimming. . .  Full story

Philippine c.bank: will act if liquidity not enough to maintain economic momentum

19/02 The Philippine central bank will act swiftly if it judges there is not enough liquidity in the financial system to maintain economic momentum, its deputy governor Diwa Guinigundo said on Tuesday.. . .  Full story

Stocks tepid ahead of trade talks

19/02 Emerging market shares largely fell on Tuesday as investors awaited outcomes from U.S.-China trade talks to be held in Washington this week.. . .  Full story

Sterling holds above $1.29 before labour market data

19/02 The British pound hovered above $1.29 on Tuesday as traders awaited an update on Brexit talks between London and Brussels and data on the health of Britain's labour market.. . .  Full story

Rouble up on monthly taxes; sanctions and finance ministry in focus

19/02 The Russian rouble edged up on Tuesday, supported by higher oil prices and month-end tax payments that usually prompt companies to convert their dollars to meet local duties.. . .  Full story

China's central bank sells net 1.2 bln yuan in FX in Jan

19/02 China's central bank sold a net 1.2 billion yuan worth of foreign exchange in January, according to Reuters calculations based on central bank data released on Tuesday. The following are historical data. . .  Full story

Kuroda flags BOJ's readiness to ease further, yen slips

19/02 Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent. . .  Full story

S.Korean stocks end weaker as foreigners sell on trade woes

19/02 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index closed lower on Tuesday as foreigners trim their equity exposure out of uncertainty about the outcome of the trade talks between Beijing and Washington.. . .  Full story

Most Asian currencies slip on anxiety over trade talks

19/02 Most Asian currencies inched lower on Tuesday as investors turned a little wary ahead of the next round of trade talks between the United States and China. The. . .  Full story

British supermarkets battle to secure stocks as chaotic Brexit looms

19/02 Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say.. . .  Full story

Australia cash rate seen lower for longer as more banks predict cuts

19/02 Australia's central bank will keep rates at record lows until at least early 2021, a Reuters poll showed, with an increasing number of analysts either predicting a cut or pushing back their rate hike. . .  Full story

Yuan dips on corporate dollar demand, trade talks remain focus

19/02 China's yuan eased against the U.S. dollar on Tuesday, dragged lower by rising corporate demand for the greenback, while investors anxiously await news on Sino-U.S. trade talks.. . .  Full story

Indonesia c.bank seen holding key rate, as hopes for easing emerge

19/02 Indonesia's central bank will keep interest rates on hold on Thursday, a Reuters poll showed, as the Federal Reserve's caution over further rate hikes has spurred some hopes Jakarta's next move can be a. . .  Full story

Honda to shut UK car plant in 2022 with the loss of 3,500 jobs

19/02 Japanese car maker Honda is set to announce it's closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK. . .  Full story

Australia dollar unsettled as RBA cites significant risks

19/02 The Australian dollar eased back on Tuesday after the country's central bank sounded a warning about weakness in the housing market that was taken as dovish for interest rates.. . .  Full story

S.Korea stocks sag on sluggish export prices; won drops

19/02 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index weakened on Tuesday as a drop in export prices could dent the export-reliant economy. The. . .  Full story

Brazil's Bolsonaro fires senior minister, investor sentiment sours

19/02 Brazilian President Jair Bolsonaro on Monday fired one of his most senior aides and cabinet members, Gustavo Bebianno, amid a scandal involving campaign financing for some of his party's congressional candidates.. . .  Full story

Honda to close UK car plant with the loss of 3,500 jobs

18/02 Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK. . .  Full story

Pound rises as Brexit divisions deepen

18/02 Sterling gained on Monday after registering three consecutive weeks of losses as investors waited for the outcome of Brexit talks between Britain and the European Union.. . .  Full story

South Africa's rand weaker, stocks hit 3-1/2-month high

18/02 South Africa's rand weakened in late afternoon trade on Monday as investors awaited Wednesday's budget, when the finance minister is expected to unveil plans to shore up state-owned power utility Eskom.. . .  Full story

China unveils plans to develop Greater Bay Area

18/02 China's cabinet on Monday issued guidelines for developing a "Greater Bay Area" around the Pearl River Delta, in a bid to spur growth in Guangdong province and the cities of Hong Kong and Macau.. . .  Full story

Bulgaria's Doverie buys majority stake in Moldova's Moldindconbank - regulator

18/02 Bulgarian fund Doverie United Holding has bought a 64 percent stake in Moldovan bank Moldindconbank, Moldova's financial market regulator said on Monday.. . .  Full story

Nigeria's election delay triggers stock-market sell-off

18/02 A delay in Nigeria's presidential elections set off the biggest decline in the country's stock market in six months on Monday and also put pressure on its bonds and currency.. . .  Full story

Euro recovers vs dollar as trade optimism supports risk-taking

18/02 The euro rallied and riskier currencies like the Australian dollar strengthened on Monday as optimism over a breakthrough in talks to end a U.S.-China trade war encouraged investors.. . .  Full story

Latam FX weak, Brazil's real drops ahead of pension reform plans

18/02 Latin American currencies weakened against the U.S. dollar on Monday, with Brazil's real underperforming its peers ahead of anticipated pension reforms to be presented to congress later this week. The real. . .  Full story

World stocks lifted to 2 1/2-month highs by trade optimism

18/02 Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs on Monday, though European gains were held back by concern over. . .  Full story

Brazil markets slip as scandal over Bolsonaro aide casts shadow

18/02 Brazilian markets fell on Monday as investors feared a brewing political scandal could put strains on President Jair Bolsonaro's coalition in Congress, hurting his ability to pass a pension reform seen as key to bolstering. . .  Full story

Germany consults industry about blockchain potential

18/02 Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday.. . .  Full story

Nigerian assets fall as election delay fuels uncertainty

18/02 The naira weakened on the forward market on Monday and Nigerian stocks fell as investors worried that delaying elections for a week could lead to a contested result, fuelling uncertainty, analysts. . .  Full story

Hungarian assets firm mildly after S&P upgrade

18/02 The forint and Hungarian government bonds firmed slightly on Monday after Standard & Poor's upgraded the country's sovereign credit rating late on Friday. The price changes were modest as S&P's upgrade. . .  Full story

Stocks rise as China shares gain on trade-talks optimism

18/02 Emerging-market stocks rose on Monday as Chinese blue chips surged more than 3 percent, encouraged by progress in Sino-U.S. trade talks that might see an extension of the deadline to strike a trade deal.. . .  Full story

Pound rises after three weeks of losses

18/02 Sterling drifted higher on Monday after registering three consecutive weeks of losses as investors waited for the outcome of Brexit talks between Britain and the European Union.. . .  Full story

South Africa's rand steady as Eskom-linked rout pauses

18/02 South Africa's rand firmed on Monday as the previous week's rout over electricity blackouts eased, with some traders taking the slide to two-month lows as an opportunity to buy the currency. . .  Full story

S.Korean stocks end higher on trade talk optimism

18/02 Round-up of South Korean financial markets:. . .  Full story

Most Asian currencies stronger on trade talks optimism, stimulus

18/02 Most Asian currencies strengthened against the dollar on Monday on renewed hopes of progress in U.S.-China trade talks and optimism that regional economies will get a boost from central bank stimulus measures.. . .  Full story

China's yuan climbs on trade talk momentum

18/02 The yuan rose on Monday after China and the United States agreed to carry on negotiating for a trade deal ahead of a looming March 1 deadline for an agreement, with U.S. President Donald. . .  Full story

Vietnam posts $816 mln January trade surplus - customs

18/02 Vietnam's trade surplus stood at $816 million in January compared with the government's previous estimate of an $800 million deficit for the month, customs data showed on Monday.. . .  Full story

Australia, NZ dlrs fly to 1-1/2 week highs on risk rally

18/02 The Australian and New Zealand dollars soared to 1-1/2 week peaks on Monday after strong gains last week as hopes of some resolution in the protracted Sino-U.S. trade war and expectations of expansionary global monetary. . .  Full story

S.Korean stocks recover on trade talk progress, strong crude prices

18/02 Round-up of South Korean financial markets: ** South Korean shares rose on Monday, recovering from the previous session's sharp fall, with refiners leading the gains on buoyant crude oil prices while. . .  Full story

Kim Jong Un to arrive in Vietnam on Feb. 25 ahead of Trump summit

16/02 North Korean leader Kim Jong Un will arrive in Vietnam on Feb. 25 ahead of a planned second summit with U.S. President Donald Trump, three sources with direct knowledge of Kim's schedule told Reuters. . .  Full story

Turkish central bank lowers lira required reserves

16/02 Turkey's central bank on Saturday lowered the level of lira reserves that banks must hold against deposits, while also raising the limit of gold that lenders can hold.. . .  Full story

Mexico to inject $3.9 bln in Pemex, seeks to prevent credit downgrade

16/02 Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term. . .  Full story

Foreign selling of U.S. Treasuries in December hits record high -data

16/02 Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of December, according to U.S. Treasury Department data released on Friday, amid wide perceptions that month that the Federal Reserve. . .  Full story

S&P affirms Turkey ratings, maintains stable outlook

16/02 Standard and Poor's said on Friday it had affirmed Turkey's sovereign ratings with a stable outlook, adding that the ratings could be lowered if it sees an increased likelihood of a systemic distress in. . .  Full story

Progress in U.S.-China trade talks sparks world stock rally

15/02 Progress in the U.S.-China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds.. . .  Full story

Foreign selling of U.S. Treasuries in December hits all-time high -data

15/02 Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of December, according to U.S. Treasury Department data on Friday.. . .  Full story

Dovish Fed talk sends dollar lower, euro recovers

15/02 The U.S. dollar dropped on Friday after San Francisco Federal Reserve Bank President Mary Daly suggested the central bank may hold off on raising interest rates in 2019, bolstering risk appetite in the currency. . .  Full story

Mexico to inject $3.6 bln in Pemex, seeks to prevent credit downgrade

15/02 Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term. . .  Full story

Europe vote will decide if Italy stays in EU -League lawmaker

15/02 Italy should leave the European Union unless there is a decisive shift towards populist parties in European Parliament elections in May, according to a prominent member of the far-right League party, part of the country's. . .  Full story

Pound pushes higher on sales data, Irish minister's Brexit tone

15/02 The pound rallied in late European trade on Friday, helped by reports of some hedge fund buying, a conciliatory tone on Brexit from the Irish foreign minister and strong British retail sales published earlier. . .  Full story

Brazil's real buoyed by pension reform proposal; stocks dip

15/02 Latin American currencies were mixed on Friday with the Mexican peso slipping against a strong dollar but Brazil's real rising, bucking a negative trend among its emerging market peers as investors cheered the government's release. . .  Full story

C$ tracks oil higher as investors weigh trade deal prospects

15/02 The Canadian dollar strengthened against its U.S. counterpart on Friday, performing better than most of its peers, as oil prices rose and investors weighed prospects of a trade deal between the United States and. . .  Full story

Goldman Sachs trims China bond boost bets

15/02 Investment bank Goldman Sachs has trimmed its forecast of the likely boost to Chinese bonds as the country's debt is steadily added into main global benchmarks over coming years.. . .  Full story

CEE MARKETS-Crown leads currency gains on surprising Czech GDP pick-up

15/02 The crown led gains by Central European currencies on Friday after a report showed the Czech economy had grown more than forecast, reinforcing expectations for more monetary policy tightening in Prague.. . .  Full story

Sri Lanka rupee ends weaker on importer dollar demand; stocks at near 4-mth low

15/02 ** Sri Lanka's rupee ended weaker on Friday, as dollar demand from importers weighed on the currency, market sources said. ** The stock market also. . .  Full story

Sturdy sales data pushes pound higher amid Brexit concerns

15/02 The pound edged higher on Friday as strong British retail sales data lifted sentiment, though investors were considering the consequences of a Brexit vote defeat in parliament for Prime Minister Theresa May.. . .  Full story

Through the Brexit Looking Glass: What happens next?

15/02 Britain's parliament last month demanded Prime Minister Theresa May renegotiate a Brexit divorce deal that the other members of the European Union say they will not reopen.. . .  Full story

Euro zone rate cuts? Money markets nudging that way

15/02 The euro zone's worsening economic picture, exacerbated by Brexit and global trade tensions, is pushing parts of the money market closer to pricing in interest rate cuts in the bloc.. . .  Full story

German watchdog widens Deutsche monitor mandate over Danske

15/02 German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank's role in a money laundering scandal involving Danske Bank.. . .  Full story

Global growth slowdown fears grip emerging stocks

15/02 Emerging market shares fell heavily on Friday as risk sentiment took a hit after dismal China and U.S. data reiterated global growth slowdown fears, adding to geopolitical and trade worries.. . .  Full story

Kenyan shilling in firm position amid offshore investor flows

15/02 The Kenyan shilling was stable against the dollar on Friday supported by inflows from offshore investors buying government debt amid thin importer demand, traders said.. . .  Full story

Nigeria inflation falls in January as election nears

15/02 Annual inflation in Nigeria fell to 11.37 percent in January, down from the seven-month high it reached in December, data showed on Friday, a day before a presidential election in which. . .  Full story

Russia's Kuybyshevazot to get 6 bln rbls in loans - VEB

15/02 Russian chemicals company Kuybyshevazot will receive a 3.8 billion rouble ($56.9 million) loan from Russian lender VEB and a 2.2 billion rouble loan from Gazprombank, VEB said on Friday.. . .  Full story

Egypt c.bank cuts key interest rates after inflation eases

15/02 Egypt's central bank made a surprise cut to its overnight interest rates on Thursday, citing a strong drop in inflation and an improvement in other macroeconomic indicators.. . .  Full story

Thai Q4 growth rate seen improving, but 2019 pace likely to slow

15/02 Thailand's pace of economic growth likely picked up in October-December from the previous quarter while 2018 had the fastest annual expansion in six years, a Reuters poll showed.. . .  Full story

South Africa's Eskom suspends power cuts but warns system vulnerable

15/02 South Africa's struggling state power firm Eskom suspended electricity cuts on Friday but said the power system remained vulnerable, after five days of rolling outages which weakened the rand and hurt. . .  Full story

S.Africa's rand heads for more than 3 pct weekly loss on power crisis

15/02 South Africa's rand was on course for a loss of more than 3 percent against the dollar this week, as five consecutive days of power cuts reminded investors about the fragility. . .  Full story

S.Korean stocks shrink on profit taking, feeble data

15/02 Round-up of South Korean financial markets:. . .  Full story

Most currencies softer ahead of Sino-U.S. trade clarity

15/02 Most Asian currencies ticked lower against the dollar on Friday, with investors cautious ahead of the outcome of Sino-U.S. trade talks and buoyant oil prices weighing on major oil importers. With. . .  Full story

Yuan inches lower as trade, deflation risks rise

15/02 The yuan softened slightly on Friday with no apparent agreement in sight in Sino-U.S. trade talks and as China faces the risk of a return to deflation on weakening domestic demand.. . .  Full story

China's producer prices slow for 7th straight month, raising deflation fears

15/02 China's factory-gate inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world's second-biggest economy may see the return of deflation as domestic demand cools.. . .  Full story

S.Korea stocks fall 1 pct on dismal U.S. retail sales data

15/02 Round-up of South Korean financial markets: ** South Korean shares fell 1 percent on Friday, after four straight sessions of gains, as weak U.S. retail sales data raised fresh worries about. . .  Full story

New Zealand dollar flies past Aussie as doves grounded

15/02 The New Zealand dollar headed for a hefty weekly gain on Friday after bears were badly wrongfooted by the country's central bank, leaving its Australian counterpart near its lowest against the kiwi since. . .  Full story

C$ hits 3-week low after weak domestic and U.S. data

14/02 The Canadian dollar fell to its lowest in nearly three weeks against the greenback on Thursday, pressured by domestic data showing a surprise drop in factory sales and U.S. data that upset hopes the. . .  Full story

Fall in U.S. retail sales dampens world stock market rally

14/02 The steepest decline in U.S. retail sales since 2009 in December halted a broad rally in world stock markets on Thursday and pushed investors into the safety of government bonds.. . .  Full story

Recent drop in Australian dollar helpful to economy-RBA

14/02 The recent decline in the Australian dollar has been helpful "at the margin" to the domestic economy given there is still spare capacity in the labour market and inflation remains below target, a top. . .  Full story

Dollar drops after retail data suggests slowing U.S. economy

14/02 The dollar fell on Thursday after a report that U.S. retail sales recorded the biggest drop in more than nine years in December, suggesting a sharp slowdown in economic activity at the end of. . .  Full story

Gold rises as weak U.S. economic data drags dollar lower

14/02 Gold prices rose on Thursday as the dollar fell on weak economic data from the United States, which bolstered expectations the Federal Reserve would stick to its dovish stance on monetary policy.. . .  Full story

Banks have not moved enough staff from London to EU for Brexit: Bundesbank

14/02 Some banks that conduct their euro zone business from London have failed to meet regulators' expectations to move enough staff into other EU countries in time for Brexit, the German bank supervisor Joachim Wuermelling said. . .  Full story

Pound weakens as PM May loses latest Brexit vote

14/02 Sterling was stuck near one-month lows on Thursday after Prime Minister Theresa May lost a symbolic Brexit vote in parliament, weakening her hand as she seeks to renegotiate her withdrawal agreement with Brussels.. . .  Full story

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Russian markets flinch at prospect of tough new U.S. sanctions

14/02 The threat of new U.S. sanctions rocked Russian markets on Thursday, as investors were left wondering whether they had been getting too complacent about what had been a long-expected move.. . .  Full story