News
Important Only
In holiday speech, Trump highlights victories amid sinking approval ratings
Trump addresses 2025 accomplishments amid low approval ratingsPoll shows only 33% approve of Trump's economic handlingTrump announces "dividend" checks to service membersBy Steve Holland, Jeff Mason and Trevor Hunnicutt WASHINGTON, Dec 17 (Reuters) - In a rare evening address from the...Reuters
Thu, Dec 18
EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook.
Fxstreet
Thu, Dec 18
New Zealand’s Gross Domestic Product grows 1.1% QoQ in Q3 vs. 0.9% expected
New Zealand's Gross Domestic Product (GDP) grew by 1.1% QoQ in the third quarter (Q3), compared with a 1.0% contraction (revised from -0.9%) in the second quarter, Statistics New Zealand showed on Thursday. This reading came in stronger than the expectation of 0.9%.Fxstreet
Wed, Dec 17
US blockade likely to reduce foreign currency in Venezuela, stoke inflation
Sanctions already limit oil revenue and foreign currency supplyInflation could reach 548% by year-end, IMF estimatesMaduro appears to have support of military, allies Dec 17 (Reuters) - Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming...Reuters
Wed, Dec 17
What to Watch in the Day Ahead - Thursday, December 18
On the U.S. economic front, the Labor Department is set to report the consumer price index (CPI) for November, which is forecast to rise 0.3% month-on-month, unchanged from the prior month's gain. On an annual basis, the CPI likely climbed 3.1% in November, compared with 3.0% in October. Meanwhi...Reuters
Wed, Dec 17
Ahead of Trump meeting, Waller says he 'absolutely' would defend Fed independence
Waller supports central bank independence despite Trump's viewsSays he is open to limited president-Fed chief interactionsWaller favored by business leaders to succeed Powell next yearBy Michael S. Derby NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller, on the shor...Reuters
Wed, Dec 17
Fed’s Bostic: Growth is solid, expects to see that continuing in 2026
Atlanta Federal Reserve (Fed) President Raphael Bostic said on Wednesday that GVP growth is solid and that he expects to see that continuing in 2026, while participating in a moderated discussion at the Gwinnett County Chamber of Commerce in Georgia.Fxstreet
Wed, Dec 17
Nigeria's Tinubu seeks $30 billion budget reset to end overlapping fiscal years
By Camillus Eboh ABUJA, Dec 17 (Reuters) - Nigeria's President Bola Ahmed Tinubu has asked parliament to approve a 43.56 trillion naira ($29.96 billion) spending plan that repeals and re-enacts the 2024 budget to run through December 2025, aiming to end overlapping fiscal cycles from recent y...Reuters
Wed, Dec 17
Italy, France say it is 'premature' to sign EU-Mercosur trade deal
Italy, France demand tougher safeguards for EU-Mercosur dealGermany, Spain back deal to boost exports, reduce China dependenceLatin American officials warn of 'now or never' momentBy Angelo Amante and Giuseppe Fonte ROME, Dec 17 (Reuters) - Italy and France on Wednesday said they were not...Reuters
Wed, Dec 17
Waller says Fed policy still in restrictive territory, sees room to cut rates
Waller sees room for rate cuts amid job market weaknessFed's recent rate cut aimed to balance job risks, high inflationWaller emphasizes labor market focus over inflation concernsBy Michael S. Derby NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller said on Wednesda...Reuters
Wed, Dec 17
Fed's Waller says he 'absolutely' would defend US central bank's independence
Waller supports central bank independence despite Trump's viewsSays he is open to limited president-Fed chief interactionsWaller favored by business leaders to succeed Powell next yearBy Michael S. Derby NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller, who is on the s...Reuters
Wed, Dec 17
Euro area markets scale back bets on rate hikes before ECB meeting
Schnabel’s stance may not reflect broader ECB view, analysts sayMarkets price in 35% chance of hike in 2027, down from over 50% last weekGerman business morale falls, caution grows over fiscal stimulus impactItalian spread versus Bunds hits new 16-year lowBy Stefano Rebaudo Dec 17 (Reuters) - Eur...Reuters
Wed, Dec 17
Concerns about Hassett as possible Fed chair are 'absurd,' Bessent says
WASHINGTON, Dec 17 (Reuters) - Any concern about Kevin Hassett potentially leading the Federal Reserve is "absurd," U.S. Treasury Secretary Scott Bessent said on Wednesday, adding that the White House economic adviser and others under consideration would all be good choices.Reuters
Wed, Dec 17
