[ad_1] FILE PHOTO: U.S. President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington, U.S., November 2,…
Tag: Currencies / Foreign Exchange Markets
Vaccine news boosts commodities, EM assets; stocks cheer Yellen news
[ad_1] NEW YORK (Reuters) – Stocks brushed up against last week’s record on Monday and an index of commodity prices closed at its highest since March as more vaccine news…
UPDATE 1-Swiss health minister says new COVID-19 measures likely to last long time
[ad_1] (Adds details) ZURICH, Oct 26 (Reuters) – New Swiss restrictions slated to be announced on Wednesday to contain the rapid spread of COVID-19 will likely be in place “a…
German banks should prepare for wave of insolvencies, says Bundesbank
[ad_1] FRANKFURT, Oct 13 (Reuters) – German banks should prepare for a surge in insolvencies as the coronavirus crisis pushes weaker companies over the edge and puts a question mark…
Turkey’s lira bonds “cheap” after inflation eases – Deutsche Bank
[ad_1] LONDON, May 3 (Reuters) – Slowing Turkish inflation has helped make the country’s lira-denominated government bonds “cheap” for the first time this year, Deutsche Bank’s analysts said, adding that…
SNB’s Zurbruegg says Swiss monetary policy suited for FX fragility
[ad_1] ZURICH (Reuters) – The Swiss National Bank’s current accommodative monetary policy is suited for the fragility being seen on foreign exchange markets, SNB Vice Chairman Fritz Zurbruegg said on…
Dollar rises on risk aversion, Fed cautious on economic recovery
[ad_1] By Saqib Iqbal Ahmed, Karen Brettell NEW YORK (Reuters) – The dollar was boosted by safety buying on Wednesday as investors turned more cautious on worries about the economic…