Analysis: Currencies

Russian government advisers warn of corporate bankruptcies wave

Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank advising the...

Netanyahu says France assures Israeli firms can take part in the Paris Air Show

JERUSALEM -Israeli Prime Minister Benjamin Netanyahu's office said on Sunday that French President Emmanuel Macron had given him assurances that Israeli companies would be able to take part in the...

Russian companies expect 2025 inflation above 10%, central bank survey shows

Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding...

Sterling jumps as tariff doubts weigh on dollar

The pound rallied against the dollar on Friday, on track to close the week higher after three weeks of losses, as a lack of concrete tariff policies during U.S. President Donald Trump's first week in...

Russians could face jail for divulging logistics of sanctioned goods

A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public disclosure of information about the supply chains of sanctioned goods imported into Russia and...

BOJ likely to raise rates to highest in 17 years, signal more hikes

The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President...

Sterling dips as traders remain cautious on Trump tariffs

The pound fell slightly on Thursday as currency markets remained focused on U.S. President Donald Trump's threats of tariffs in his early days back in the White House. Sterling was last...

Funds start Trump 2.0 era most bullish on dollar since 2016: McGeever

ORLANDO, Florida -As Donald Trump begins his second term as U.S. president, currency speculators are giving the dollar their strongest backing since before he was first given keys to the White...

Russia's wealth fund chief says Trump could change history

The head of Russia's $23 billion sovereign wealth fund praised U.S. President Donald Trump on Tuesday, saying his raft of orders showed that decisive leadership could change the course of history,...

Russia's budget deficit widens to $34.4 billion after late spending spree

Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both spending and revenue rising sharply compared with...

As Trump is sworn in, Macron warns Europe it can't depend only on US weapons

French President Emmanuel Macron warned on Monday that the billions of euros of taxpayer money spent on Europe's military budgets should not be used to buy only American weapons, pushing for more...

Central banks' green push hits a hurdle as Fed drops out

A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal Reserve's decision to leave a club devoted to policing environmental risk in...

What Trump's presidency could mean for Russia's rouble

With Donald Trump's pledge to quickly end the war between Ukraine and Russia, market players are starting to look at what impact that could have on the rouble, which became an outcast following...

Currencies: The dollar still stands head and shoulders above the rest

Despite the easing in US bond yields, the dollar is not yet showing any notable signs of a trend reversal. However, the presence of divergences prompts caution, and we recommend not increasing our...

Trump's return adds new twist to Western firms' Russia exit dilemma

Hold or fold? That is the dilemma facing the hundreds of Western companies still operating in Russia as Donald Trump returns to the White House with a promise to end the Ukraine conflict...

Exclusive-Bolivia in talks with Argentina to restart gas supply amid demand spike, executive says

Bolivia's state-run energy firm YPFB is in talks to restart gas exports to Argentina amid a surge in demand spurred by a summer heat wave, underscoring the challenge for the government in Buenos Aires...

Sterling drops as weak retail sales add to stagnation woes

The pound dropped against the dollar and euro on Friday, after data showed that British retail sales fell unexpectedly in December, adding to an already-gloomy economic outlook. Retail...

Russia's Sberbank reports record profits for 2024

Russia's largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles for 2024, helped by strong growth in corporate borrowing and high interest rates, which ended the...

BOJ likely to keep hawkish policy pledge, raise rates next week, sources say

The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S. President-elect Donald Trump takes office, and maintain a pledge to keep pushing up borrowing costs if...