Column-Intervention to halt dollar merely gives it legs :Mike Dolan
By Mike Dolan LONDON (Reuters) – The U.S. dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating dollar strength into the bargain and sowing problems…
US House Speaker Mike Johnson’s future hangs in balance as he scrambles for funding deal
By James Oliphant WASHINGTON (Reuters) – Mike Johnson’s hold on the speakership of the U.S. House of Representatives has been tenuous almost since the day he was elected. The Louisiana Republican only ended up with the job in October 2023…
Singapore’s low inflation not enough for a January easing, analysts say
By Bing Hong Lok SINGAPORE (Reuters) – Slowing inflation has created room for Singapore’s central bank to ease monetary policy in January but it may wait until later in 2025 so it can assess incoming U.S. President Donald Trump’s policies,…
Morning Bid: One last hurdle remains for the year
A look at the day ahead in European and global markets from Stella Qiu 2024 is almost over. Several central banks have concluded their final policy meetings of the year – some held steady and others cut, but all of…
China expected to leave lending benchmarks unchanged amid rate risks
SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as falling yields, shrinking net interest margins and a weakening yuan create limits for immediate monetary easing. Yield differentials between…
Investors trim bets again on Bank of England rate cuts in 2025
LONDON (Reuters) – Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year after the U.S. Federal Reserve signalled it would move slowly with reducing borrowing costs. Interest rate futures on Thursday…