Currencies

German producer prices fall 0.2% y/y in March

German producer prices fell in March, decreasing by 0.2% on the year, the federal statistics office reported on Thursday. Analysts polled by Reuters had expected a 0.4% increase. ...

BlueBay sells US dollars short, citing low investor confidence

RBC BlueBay Asset Management has opened short positions on the U.S. dollar, betting on the end of U.S. exceptionalism as President Donald Trump's trade war threatens to destroy decades of trust and...

BOJ to cut growth forecast as US tariffs hit, sources say

TOKYO -The Bank of Japan is set to cut its economic growth forecasts at its April 30-May 1 policy meeting as U.S. President Donald Trump's tariffs heighten risks to a fragile, export-reliant...

Dax expected to fall further - focus on global trade and Fed

On Wednesday, the Dax will start with losses, according to price developments on the futures markets. On Tuesday, investors in Europe had bet on further tariff exemptions and bought stocks. The Dax...

Japan manufacturers turn cautious about business outlook due to Trump tariffs

Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping U.S....

Trading Day: Another lull, but fireworks are coming

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  ECB, China GDP, Powell up next Investors...

Dax expected to rise - economy in focus

The Dax will start Tuesday with gains, according to price developments on the futures markets. On Monday, the German leading index closed 2.9 percent higher at 20,954.83 points. The US tariff...

Sterling edges up; UK data shows softer jobs market

The pound edged up on Tuesday, clawing back some gains from the euro in particular, as the volatility that has dominated markets for the past couple of weeks appeared to ebb. On the...

US tariff exemptions boost European stock markets

The US tariff exemptions for electronic products are causing prices to rise on the European stock markets at the start of the week. The Dax was around 2.5 percent firmer at 20,860...

Argentina seals $20 billion IMF deal, tears down currency controls

BUENOS AIRES -Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts...

From near $1 to tariff war winner, euro confounds its naysayers

The euro has emerged as a surprise winner of the recent tariff-induced market turmoil, confounding the earlier consensus by surging to a three-year high against the dollar as Europe proves a...

BP warns of weak gas trading and climbing debt

Energy group BP expects first-quarter gas marketing and trading earnings to be weak while net debt will rise, the company said on Thursday, sending its shares lower. The update offers...

Sterling falls against euro, rises versus dollar as traders focus on trade war

The pound fell versus the euro and rose versus the dollar on Friday, reflecting a sell-off in U.S. assets as traders flee to safe-haven currencies amid an escalating global trade war, while...

Is the Dollar's Reign on the Line?

The U.S. dollar took a nosedive on Friday, hitting a decade-low against the Swiss franc. Investors, spooked by growing concerns over the U.S. economy, sought refuge in safer assets like the Swiss...

Sterling strengthens on dollar, weakens on euro, British GDP up next

Sterling was buffeted by moves elsewhere on Thursday, jumping 1% against an under-pressure dollar and dropping more on the resurgent euro as currency markets swung in the aftermath of the previous...

Trump's tariff turnaround brings stock market fireworks

US President Donald Trump's U-turn on customs policy is causing a strong recovery on European stock markets. The Dax was trading almost six percent higher at 20,787 points around midday...

Markets boomerang as 'Trump Blink' redefines volatility

U.S. President Donald Trump's U-turn on tariffs has rained yet more volatility on markets, leaving investors skidding from stocks to safe-havens and back, and while previous crises have seen bigger...

Russia plans to soften capital controls on new investments

Russia is planning to soften capital controls on new foreign investments, a senior finance ministry official said on Thursday, opening the door for companies - including Western ones - looking to...

Sterling hits one-year low versus euro as investors rush into safe havens

The pound hit a one-year low versus the euro and a new 7-month low versus the yen on Wednesday, as a U.S. asset selloff spooked investors, triggering a rush into safe-haven currencies. ...