Reuters US Economy

By David French (Reuters) – U.S. stock indexes finished higher after a choppy trading session on Wednesday, falling early and then rebounding as investors made last-minute bets to position themselves ahead of U.S. President Donald Trump’s sweeping tariff announcements. Trump began speaking after Wall Street closed, and both S&P 500 futures and Nasdaq futures reversed …

Wall Street ends up, but Trump tariff speech sends futures lower Read More »

(Reuters) – The dollar weakened against the euro and turned higher against the yen on Wednesday as U.S. President Donald Trump began a long awaited announcement of sweeping new tariffs that look certain to escalate a trade war with global partners, increase prices and upend a decades-old trade order. In late trade after Trump reiterated …

Dollar moves higher against the yen as Trump announces tariffs Read More »

BRASILIA (Reuters) – Brazil’s central bank governor Gabriel Galipolo said on Wednesday that unblocking monetary policy transmission channels is a generational challenge in the country which will require a series of long reforms. “There’s no silver bullet,” he said at an event to celebrate the bank’s 60th anniversary. Galipolo reiterated that Latin America’s largest economy …

Brazil’s central bank chief sees need for reforms to unblock monetary policy transmission channels Read More »

By Ragini Mathur and Fergal Smith (Reuters) – Canada’s main stock index rose on Wednesday to its highest closing level in over a week, helped by gains for industrial and technology shares, as investors awaited U.S. President Donald Trump’s announcement of sweeping new trade tariffs. Toronto Stock Exchange’s S&P/TSX composite index ended up 273.90 points, …

TSX climbs to eight-day high ahead of U.S. tariff reveal Read More »

By Steven Scheer JERUSALEM (Reuters) -Israel’s economy looks set to rebound over the next two years if geopolitical tensions ease, but it needs structural reforms to support government finances and sustain growth over the long term, the OECD said on Wednesday. Damaged by Israel’s wars with the Palestinian militant group Hamas in Gaza and Hezbollah …

OECD sees Israeli economic rebound if military conflicts ebb Read More »

By Tom Westbrook and Stella Qiu SINGAPORE/SYDNEY (Reuters) – The Australian dollar’s surprising resilience in the face of the hit to market sentiment from U.S. tariffs is raising questions whether its long-standing role as a proxy for risk is ending. The Antipodean currency just notched its steadiest quarter for two years, rising almost 2% this …

Analysis-The Aussie is losing its way as markets’ risk compass Read More »