Analysis: Currencies

Russia's Putin says measures to reduce inflation are working, but growth needs work

MOSCOW -Russian President Vladimir Putin told a government meeting on Monday that measures to reduce inflation were working, but questioned whether more needed to be done to boost growth. ...

Currencies: Central banks in sight

As you know, this is THE week for central bankers, even though the US Federal Reserve is likely to overshadow its counterparts. If there is a surprise, it is unlikely to come from the rate cut itself,...

Sterling firms heading into busy week of central bank decisions

Sterling gained against the dollar and the euro on Monday as investors braced for a week of pivotal central bank decisions in which the U.S. Federal Reserve is expected to cut interest rates and the...

Russia warns Europe: we will go after any state which takes our assets

Russia on Monday warned it would go after any European state that sought to take its assets after reports that the European Union is looking for new ways to leverage hundreds of billions of dollars of...

Dollar eases ahead of central bank bonanza, eyes on Fed

The dollar slipped on Monday ahead of a pivotal week filled with central bank decisions headlined by the Federal Reserve, while the euro hardly reacted to Fitch's downgrade of France's credit rating....

Sterling slips as economy stagnates; eyes on BoE

LONDON -The British pound dropped against the dollar on Friday after data showed the economy had stagnated in July, although it was still set for its second weekly rise before a Bank of England...

Currencies: Its fate is sealed

Reactions to the release of the US jobs report seem to confirm an easing of key interest rates following the forthcoming monetary policy committee meeting on Wednesday September 17. The question now...

Dollar on back foot as jobless claims firm up Fed rate cut views

SINGAPORE -The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next...

EU's top court rules against Hungary's nuclear state aid

AMSTERDAM -The EU's top court said on Thursday the European Commission should not have approved Hungarian state aid for the expansion of its Paks atomic plant by a Russian company, ruling that the...

Russia revises up September oil exports from western ports by 11%, sources say

MOSCOW -Russia has revised up its September crude export plan from western ports to 2.1 million barrels per day , an 11% increase from the initial schedule, as drone attacks on domestic refineries...

Russia considers moratorium on bankruptcies of indebted metals giants

MOSCOW -Russia is considering a moratorium on bankruptcies in the metals industry, a government document showed on Wednesday, in a sign of growing concern about a sector struggling with falling...

China's retaliatory tariffs to squeeze EU pork producers

PARIS -European pork producers face a squeeze on profit margins after China, their largest market, imposed anti-dumping duties of up to 62.4% on imports of EU pork products. The...

Specter of stagflation clouds Fed cut optimism

A look at the day ahead in European and global markets from Kevin Buckland Rising equities and falling bond prices portray the market's sanguine view on monetary policy, with a rate cut...

Von der Leyen to outline EU priorities after US trade deal backlash

STRASBOURG -The European Union's chief executive, Ursula von der Leyen, sets out her priorities for the year ahead on Wednesday after a bruising summer dominated by a much-criticised trade deal with...

EU finalizes $176 billion defence loans, with Poland taking largest share

BRUSSELS -The European Union's 150 billion euros in cheap loans for defence projects have been fully taken up by a total of 19 EU countries, with Poland securing the biggest part of the loans, the...

Stocks upbeat as prospect of Fed easing outweighs political uncertainty

Asia stocks rose on Tuesday, buoyed by expectations of a U.S. rate cut as early as next week, even as political upheavals around the world kept currency and bond investors on edge. ...

Political turmoil comes thick and fast

A look at the day ahead in European and global markets from Rae Wee The political noise just keeps coming. Over the span of a few days, British Deputy Prime Minister Angela...

US dollar falters on rate outlook, yen retreats amid Japan uncertainty

The dollar extended its decline on Monday in the wake of Friday's weak U.S. jobs report, which all but cemented an interest rate cut this month, even as the yen fell after Japanese Prime Minister...

Instant View:French government loses no-confidence vote in parliament

French Prime Minister Francois Bayrou lost a confidence vote on Monday, plunging the euro zone's second largest economy deeper into political crisis. The euro showed little initial...