By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia approach the end of a bumpy week hoping that the relative calm that descended on the dollar and a shortened U.S. bond market session on Thursday can extend into the local session on Friday. With the December U.S. …
Morning bid: Global yield fever cools, but EM conditions tighten Read More »
By Brendan O’Boyle MEXICO CITY (Reuters) – The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America’s second-largest economy, minutes from the central bank’s December monetary policy meeting showed on Thursday. Banxico, as the Mexican central bank is known, lowered its …
Mexico’s central bank opens door to larger rate cuts, citing progress on inflation Read More »
(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of easing. “The recent evidence further supports the case to withdraw policy restrictiveness and I expect to continue to remove restrictiveness gradually over …
BoE’s Breeden backs interest rate cuts, says hard to know how quickly Read More »
By Natalia Siniawski (Reuters) -Mexico’s headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index. Annual headline inflation in Latin America’s second-largest economy hit 4.21% last month, INEGI data showed, below the 4.28% expected …
Mexico’s annual inflation eases in December, supporting further rate cuts Read More »
By Jay Pelosky -In 2024, the watchword in financial markets was “American exceptionalism”, as the U.S. economy and markets left the rest of the world in the dust. But as the calendar turns, it may now be time to remove these geographic blinders to consider the larger regional competition likely to reshape the global economy …
Forget American Exceptionalism, it’s a Tri Polar World – Pelosky Read More »
By Gabriel Burin (Reuters) – Brazil consumer price rises are expected to have gained traction in December as energy and goods costs fell less than in the previous month, a Reuters poll showed. In November, power bills dropped sharply due to big cuts in surcharges for lower hydroelectric output related to a drought earlier in …
Brazil consumer prices expected to have gained traction in Dec: Reuters poll Read More »
HONG KONG/SHANGHAI (Reuters) – Hong Kong has no intention and sees no need to change the system that pegs the city’s currency in a tight band to the U.S. dollar and has the ability to defend it, the chief executive of Hong Kong’s de facto central bank said on Thursday. Eddie Yue made the remarks …
Hong Kong sees no need to change US dollar-pegged currency system Read More »
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s real currency is forecast to trade slightly stronger, at around 6 per U.S. dollar at the end of 2025 following a punishing year of losses, a Reuters poll of foreign exchange analysts showed. The real fell around 22% in 2024, mainly due to investor disappointment about a …
By Mike Dolan LONDON (Reuters) -Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints about interest rates being “far too high.” It can’t do both and will likely opt to tackle the former, potentially setting up a running …
Fed can soothe Trump or Treasuries, not both: Mike Dolan Read More »
By Faith Hung and Roger Tung TAIPEI (Reuters) – Taiwan’s exports rose more than expected in December, buoyed by robust demand for semiconductors from the artificial intelligence (AI) industry and continued, although weaker, demand from China. Exports rose 9.2% from the same month a year ago to $43.59 billion, its second-highest level, the finance ministry …
Taiwan December exports beat forecasts; govt sees stable outlook on AI Read More »
