Currencies

Instant View: German parties agree debt brake reform, 500 billion-euro infrastructure fund

The conservatives and the Social Democrats agreed to seek a loosening of Germany's debt brake to allow higher defence spending, as well as proposing to create a 500 billion euro infrastructure fund,...

Investors say it's time to take Trump seriously as markets recoil

Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in U.S. and global growth as he raises a wall of tariffs around the world's biggest economy and...

New Trump tariffs take effect, EU also in crosshairs

A look at the day ahead in European and global markets from Kevin Buckland Europe wakes up to new U.S. tariffs on Canada, Mexico and China, bringing into starker relief Donald Trump's...

Traders place record bet on rising Japanese yen, eyeing further rate hikes

Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an abrupt reversal from huge bets against...

Russia's Aeroflot says it will pay 50% of adjusted net profit under new dividend policy

Russia's largest airline Aeroflot said on Monday that it had adjusted its dividend policy to pay out 50% of its adjusted net profit according to IFRS standards. Aeroflot did not pay...

Sterling dips vs euro, rises against dollar, Ukraine in focus

The pound edged down against the euro and rose versus the U.S. dollar on Monday after European leaders agreed on Sunday to draw up a Ukraine peace plan to present to the United States. ...

Ukraine international bonds tumble after Trump-Zelenskiy clash

Ukraine's international bonds suffered sharp falls on Monday following a clash between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump late on Friday. The 2035...

Investors unnerved by heated Trump-Zelensky Oval Office showdown

Investors were stunned on Friday after Ukrainian President Volodymyr Zelenskiy's meeting with U.S. President Donald Trump ended in disaster, adding uncertainty to financial markets already jittery due...

Russia's central bank seen keeping key interest rate on hold at March meeting

The Russian central bank is seen keeping the key interest rate on hold at 21% at its meeting on March 21 while the rouble is seen retreating after the rally at the start of the year, a Reuters poll of...

Sterling set for first monthly rise since September

The pound eased on Friday as nervy investors flocked to the dollar in light of growing pessimism over the outlook for the U.S. economy as President Donald Trump's tariffs are about to come into...

German state inflation shows easing with national slowdown forecast

Inflation eased in four sizeable German states in February, preliminary data showed on Friday, suggesting Germany's national inflation rate could also slow down this month, in line with analysts'...

BOJ chief warns of strong global uncertainty from US tariffs

CAPE TOWN -Bank of Japan Governor Kazuo Ueda on Thursday warned of very strong uncertainty on the global economic outlook that required vigilance in setting monetary policy. Speaking...

ECB reports glitches in securities settlement system

LONDON -The European Central Bank reported a problem in its securities settlement system on Thursday that disrupted communications within the network of operators that form the basic plumbing of...

Sterling steady as Trump threatens EU with tariffs

The British pound was little changed against the dollar on Thursday, trading just below a more than two-month high hit the previous day, as U.S. President Donald Trump's tariff threats turn towards...

Russia's Sberbank reports record 2024 profit of $18.1 billion

Russia's largest lender Sberbank reported on Thursday a record annual profit of 1.58 trillion roubles after corporate and retail lending coped well with steadily increasing interest rates to 21%. ...

Russia's central bank links rouble rally to geopolitics

The Russian central bank said on Wednesday that the rouble's rally since the start of the year was linked in part to geopolitical factors, but it was too early to evaluate the impact on the economy. ...

Sterling edges lower versus dollar, eyes on military spending

Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's pledge to increase military spending. The U.S. dollar edged up...

Putin holds meeting on rare earth metals, aims to significantly boost output

Russian President Vladimir Putin held a meeting with officials on Monday to discuss rare earth metals production, which he described as a strategic reserve vital for Russia's future competitiveness...

Sterling edges down against euro after German election

The pound traded lower against the euro on Monday after Germany's conservatives won a national election as expected. The euro initially rose to its highest in more than two weeks against...