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By Jorge Otaola BUENOS AIRES (Reuters) – Argentina has sealed a $20 billion extended fund facility (EFF) with the International Monetary Fund and dismantled large parts of its currency controls as libertarian President Javier Milei looks to drag the country out of a prolonged economic slump. With markets seeing the developments as positive, what is …

Explainer-What do we know about Argentina’s IMF deal and FX policy? Read More »

(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets For investors praying for some respite from weeks of extreme volatility as the Easter break approaches, weekend events weren’t …

Morning Bid: Easter rising? Markets seek solace Read More »

By Indradip Ghosh BENGALURU (Reuters) – Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a majority of economists said policymakers will leave them unchanged on Wednesday. U.S. President Donald Trump’s surprise announcement last week to put …

Reuters poll: Rising Canada recession risk to trigger at least two more rate cuts this year  Read More »

SEOUL (Reuters) – South Korea’s acting President Han Duck-soo said on Monday U.S. President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported. Han also said he expected there to be a video meeting between the U.S. and South Korean officials on …

South Korea sees Trump starting tariff talks with Seoul, Japan and India, Yonhap says Read More »

ZURICH (Reuters) – The planned spin-off of Holcim’s North American business should take place in June, subject to the approval of shareholders at its May 14 annual general meeting, the Swiss building materials company said on Monday. The business will be completely spun off to its shareholders and the new company is to be known …

Holcim spin-off of North American business planned for June Read More »

(Reuters) – Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks. “If a recession occurs, ETF inflows could accelerate further and lift gold prices to $3,880 per troy ounce …

Goldman Sachs raises end-2025 gold price forecast to $3,700/oz Read More »