Analysis: Currencies

Japan wholesale inflation accelerates in August

Japan's wholesale inflation accelerated in August on steady rises in food costs, data showed on Thursday, highlighting sticky inflationary pressure that may keep alive market expectations of a...

Brazil's central bank to auction up to $1 billion with repurchase deal on Friday

SAO PAULO -The Brazilian central bank will offer up to $1 billion through two dollar auctions with repurchase agreement on September 12, the monetary authority said in a statement on Wednesday. ...

China clears imports of Brazil sorghum, first cargo likely in 2025, says official

SAO PAULO -China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding that the first cargos could be shipped this year, providing an...

Trump administration appeals ruling blocking removal of Fed Governor Cook

President Donald Trump's administration on Wednesday moved quickly to appeal a federal judge's ruling temporarily blocking Trump from taking the unprecedented step of firing Federal Reserve Governor...

Russia revises up September oil exports from western ports by 11%, sources say

MOSCOW -Russia has revised up its September crude export plan from western ports to 2.1 million barrels per day , an 11% increase from the initial schedule, as drone attacks on domestic refineries...

South African rand gains after US producer price data

The South African rand firmed on Wednesday after softer-than-expected U.S. producer prices data cemented expectations that the Federal Reserve will resume cutting interest rates soon. ...

Chinese mission to visit Brazil state hit by bird flu outbreak, JBS CEO says

SAO PAULO -A Chinese delegation is expected to visit the southern Brazilian state of Rio Grande do Sul which was hit by a bird flu outbreak in May, raising hopes Brazil may resume selling poultry...

Investors wary of Treasury's 30-year bond auction after recent disappointments

Investors are cautiously approaching the U.S. Treasury's sale of $22 billion in 30-year bonds on Thursday after an underwhelming auction last month that had some of the weakest demand metrics of 2025,...

Trump says Fed chair Powell should make big rate cut now

WASHINGTON -U.S. President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to cut benchmark interest rates. Just out: No Inflation!!! Too Late...

Russia considers moratorium on bankruptcies of indebted metals giants

MOSCOW -Russia is considering a moratorium on bankruptcies in the metals industry, a government document showed on Wednesday, in a sign of growing concern about a sector struggling with falling...

China's retaliatory tariffs to squeeze EU pork producers

PARIS -European pork producers face a squeeze on profit margins after China, their largest market, imposed anti-dumping duties of up to 62.4% on imports of EU pork products. The...

US 30-year mortgage rate slides to 11-month low, MBA data shows

The interest rate on the most popular U.S. home loan dropped by the most in six months last week after a weak employment report drove benchmark Treasury bond yields down in anticipation of a Federal...

Bad news bulls

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets, Reuters Open Interest  Global equities rose early...

Brazil to propose new forum to address climate and trade complaints, sources say

BRASILIA/BRUSSELS -Brazil will propose the creation of a new forum for governments to discuss how climate policy affects trade - an issue that the World Trade Organization and U.N. climate talks have...

Specter of stagflation clouds Fed cut optimism

A look at the day ahead in European and global markets from Kevin Buckland Rising equities and falling bond prices portray the market's sanguine view on monetary policy, with a rate cut...

Rupee ends flat on Trump's mixed signals for trade tariffs

The Indian rupee closed unchanged on Wednesday as tariff-related uncertainties continued to dominate the Asian currency's price action following mixed signals from U.S. President Donald Trump...

Japan manufacturers' mood the best in three years after tariff deal - Reuters poll

TOKYO -Japanese manufacturers' sentiment was its best in more than three years in September, the Reuters Tankan poll showed, with trade uncertainties easing after Japan reached a tariff deal with the...

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...

US payrolls benchmark revision estimate suggests labor market weaker than previously thought

The U.S. economy likely created 911,000 fewer jobs in the 12 months through March than previously estimated, the government said on Tuesday, suggesting that job growth was already stalling before...