Analysis: Currencies

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...

Tankmaker KNDS to decide on IPO within months, Germany could take stake, CEO says

AMSTERDAM -Franco-German defence supplier KNDS will decide in the coming months whether to launch an initial public offering next year, CEO Jean-Paul Alary said on Monday, and suggested the German...

US dollar drops on rate cut outlook; yen down amid political uncertainty in Japan

The U.S. dollar fell on Monday, extending losses after Friday's weak U.S. jobs report that reinforced expectations of a Federal Reserve rate cut this month, while the yen fell broadly after Japanese...

Ukraine imports Indian-origin diesel fuel after loss of key refinery, analyst says

KYIV -The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant portion of its crude oil...

Yen dented by Japan PM's resignation announcement; dollar wobbles

The yen fell on Monday after Japanese Prime Minister Shigeru Ishiba said he would resign, while the dollar remained on shaky ground after Friday's weak U.S. jobs report, which cemented expectations of...

StanChart expects Fed to cut rates by 50 bps next week after weak jobs data

Standard Chartered expects the U.S. Federal Reserve to cut interest rates by 50 basis points at its policy meeting this month, double its earlier projection of a 25-bp reduction, following a soft...

Yen slides after Japan PM Ishiba resigns, dollar wobbles

The yen fell sharply on Monday following the resignation of Japanese Prime Minister Shigeru Ishiba, while the dollar remained on shaky footing after Friday's weak U.S. jobs report cemented...

Fed rate cut optimism lifts sentiment, yen slips on political uncertainty

Stocks rose and the dollar wobbled on Monday after dismal U.S. labour data sealed the case for an interest rate cut this month, while the yen fell as investors girded for uncertainty in Japan...

StanChart revises Fed cut expectations to 50 bps in Sept after weak US jobs data

Standard Chartered expects the U.S. Federal Reserve to cut interest rates by 50 basis points at its September 17 meeting, after August jobs growth came in far below expectations and unemployment rose...

Yen sinks after Japan PM Ishiba resigns

The yen fell broadly on Monday following news that Japanese Prime Minister Shigeru Ishiba had resigned, while the dollar was nursing losses after tumbling on a weak U.S. jobs report that cemented...

Sterling ticks higher but heads for weekly loss after gilt turbulence

LONDON -The pound rose versus a broadly weaker dollar on Friday, but headed for its third weekly decline in a row after a week marked by gilt market turbulence amid growing investor jitters over...

Dollar holds ground as bonds find footing, jobs data looms

TOKYO -The dollar mostly held its ground on Friday as bond markets stabilised and traders awaited key U.S. jobs data expected to firm up the case for an interest rate cut by the Federal Reserve. ...

Russia's Nornickel says China payments problem persists after Xi-Putin meetings

VLADIVOSTOK, Russia -Chinese banks are still delaying payments for Russian imports by up to four weeks, a senior executive at metals producer Nornickel said on Thursday, despite assurances from...

Russia may extend gasoline exports ban for producers through October, RIA reports

MOSCOW -Russian authorities may prolong the gasoline export ban for oil producers into October, Russian state-run news agency RIA reported on Thursday, citing Vitaly Korolev, deputy head of the...