Search
News
Important Only
Canadian housing starts rise 5.6% in 2025 as December beats expectations
TORONTO, Jan 16 (Reuters) - Canadian housing starts rose 5.6% in 2025, the fifth highest annual total on record, helped by higher-than-expected starts in December, data from the national housing agency showed on Friday.The seasonally adjusted annualized rate of housing starts increased 11% to 282,43...Reuters
Fri, Jan 16
ANALYSIS-India's landmark tax ruling on investments via Mauritius rattles global investors
Indian Supreme Court ruling against Tiger Global hits investorsCourt upends years of aggressive tax strategies via MauritiusTax has often been a sore point for investors in IndiaRuling gives sweeping powers to India to lift the corporate veilBy Arpan Chaturvedi, Jayshree P Upadhyay and Aditya Kalr...Reuters
Fri, Jan 16
EUR/USD volatility near 5% as pair remains range-bound – ING
EUR/USD continues to trade with muted volatility near 5%, with the pair expected to remain range-bound as investors fund carry trades out of the Euro (EUR) rather than the more volatile Japanese Yen (JPY), ING's FX analyst Chris Turner notes.
Fxstreet
Fri, Jan 16
USD/CNH: Unlikely to break the support at 6.9520 – UOB Group
US Dollar (USD) could edge lower but is unlikely to break the support at 6.9520. In the longer run, USD remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Fri, Jan 16
Poker-faced Powell may have ace up sleeve to stymie Trump's Fed shakeup
Powell could stay on as a Fed governor for two more years Criminal indictment threat may influence his decisionPowell could become swing vote if he stays on Fed boardBy Howard Schneider WASHINGTON, Jan 16 (Reuters) - At 72, U.S. Federal Reserve Chair Jerome Powell has grandkids to play with, a go...Reuters
Fri, Jan 16
USD/CNH softens as PBOC fix signals RMB strength – OCBC
USD/CNH remains offered after a softer USD/CNY fixing, the lowest since May 2023, reinforcing policymakers’ signal toward a gradual RMB appreciation path. USD/CNH last seen at 6.9668, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
Fxstreet
Fri, Jan 16
Germany to offer up to $7,000 electric vehicle subsidy, Bild reports
BERLIN, Jan 16 (Reuters) - Germany will offer families with small and medium incomes subsidies of up to $7,000 to buy new electric cars, newspaper Bild reported on Friday, in a bid by Berlin to revive sluggish sales of one of the country's key industries.German carmakers are struggling with the ...Reuters
Fri, Jan 16
Nigeria grants satellite permits to BeetleSat, Satelio and Amazon's Kuiper
By Camillus EbohABUJA, Jan 16 (Reuters) - Nigeria has issued seven-year satellite permits to Amazon's AMZN.O Kuiper Systems, Israel's NSLComm's BeetleSat and Germany-based Satelio IoT Services, joining Elon Musk-owned SpaceX among operators cleared to expand space-based broadband, the te...Reuters
Fri, Jan 16
EXCLUSIVE-India to ease rules to boost foreign investment in domestic defence firms, sources say
FDI cap under automatic route to be lifted to 74% for existing licences, sources say Other conditions that deterred foreign investors also set to be dropped, sources sayMove follows last year's deadly conflict with PakistanBy Nikunj Ohri and Sarita Chaganti Singh NEW DELHI, Jan 16 (Reuters) -...Reuters
Fri, Jan 16
Bund yields set to end week flat after taking cues from US Treasuries
By Stefano Rebaudo Jan 16 (Reuters) - Euro area benchmark Bund yields were set to end the week little changed, having tracked mixed movements in U.S. Treasuries through the week on conflicting signals about the U.S. economy.Germany’s 10-year yields DE10YT=RR were up 0.5 basis points (bps) at 2.82...Reuters
Fri, Jan 16
German inflation confirmed at 2.0% in December
BERLIN, Jan 16 (Reuters) - German inflation slowed in December to 2.0%, the federal statistics office said on Friday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.6% year-on-year in November.The statistics office give...Reuters
Fri, Jan 16
Poland - Factors to Watch January 16
WARSAW, Jan 16 (Reuters) - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 1 hour):INTEREST RATESPoland still has some room for monetary easing, and the next decision to cut interest rates could come as early as February or March, central ...Reuters
Fri, Jan 16
UK statistics body weighs six-month delay to new jobs survey, Bloomberg News reports
Jan 16 (Reuters) - Britain's Office for National Statistics is preparing contingency plans to delay the launch of its overhauled labour market survey by up to six months, Bloomberg News reported on Friday. While the statistics agency wants to make a transition in November as scheduled, another ...Reuters
Fri, Jan 16
