News
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Benin hedges sukuk and Eurobond proceeds into euros
By AyenDeng Bior and Colleen Goko DAKAR, Jan 23 (Reuters) - Benin's government said on Friday it had swapped the $850 million borrowed from its debut international sukuk and a 2038 bond tap into euros to help manage its currency risk and costs.The West African nation said its $500 million sev...Reuters
Tue, Jan 27
Indonesia: Cyclical recovery outlook – Standard Chartered
Indonesia's economy is poised for a cyclical rebound driven by expansionary macroeconomic policies, according to Standard Chartered's report by Aldian Taloputra. Fiscal policy is expected to play a larger role as the scope for further monetary easing diminishes.Fxstreet
Tue, Jan 27
TREASURIES-US yields mixed ahead of expected Fed rate-cut pause; investors focus on auctions
By Tatiana Bautzer NEW YORK, Jan 27 (Reuters) - U.S. Treasury yields were mixed on Tuesday as investors positioned ahead of a Federal Reserve policy decision that is widely expected to leave interest rates unchanged, while also eyeing a five-year note auction for fresh signals on demand for U...Reuters
Tue, Jan 27
Electric car sales edge above petrol in EU for first time
Chinese brands intensify EU competitionElectrified cars account for 67% of EU registrationsHybrids have the largest overall shareBy Alessandro Parodi Jan 27 (Reuters) - Sales of fully electric cars surpassed those of petrol-only vehicles in the European Union for the first time in December, data ...Reuters
Tue, Jan 27
KRW: Tariff threats weigh on performance – BBH
The report from Brown Brothers Harriman (BBH) indicates that the KRW is underperforming. The announcement of increased tariffs by US President Trump is a significant factor impacting the KRW. Despite this, reduced capital outflows are providing some support to the currency.
Fxstreet
Tue, Jan 27
Hungary holds rates at 6.5%, no clarity on rate cut timing
Base rate unchanged since late-2024Inflation approached bank's 3% target in DecApril election a key source of uncertaintyGovernor gives no clues on timing of rate cutBy Gergely Szakacs BUDAPEST, Jan 27 (Reuters) - Hungary's central bank left its base rate steady at the European Union'...Reuters
Tue, Jan 27
US consumer confidence slumps in January to a level last seen in 2014
WASHINGTON, Jan 27 (Reuters) - U.S. consumer confidence unexpectedly deteriorated in January, slumping to its lowest level since 2014, amid growing anxiety over high prices and a sluggish labor market, a survey showed on Tuesday. The Conference Board said on Tuesday its consumer confidence index plu...Reuters
Tue, Jan 27
US single-family home prices jump in November, FHFA says
WASHINGTON, Jan 26 (Reuters) - U.S. single-family house prices accelerated in November, which combined with high mortgage rates could keep potential homeowners on the sidelines even as the Trump administration takes steps to address the issue of housing affordability.House prices increased 0.6% on a...Reuters
Tue, Jan 27
EU proposes suspension of duty-free sugar import scheme
EU aims to ease pressure on sugar producers hit by price slumpIPR scheme allows duty-free imports for re-export outside EUSugar beet producers say IPR causes unfair competitionPlan could raise costs and threaten jobs, manufacturers say PARIS, Jan 27 (Reuters) - The European Commission plans to pr...Reuters
Tue, Jan 27
EU-India trade deal: Opportunities for Germany – Commerzbank
Commerzbank's Economic Research report highlights the recent agreement between the European Commission and India on a free trade agreement. This deal is expected to significantly benefit the German economy, which currently has limited trade with India.Fxstreet
Tue, Jan 27
FOMC: No change expected – BNY
BNY's Macro Strategist John Velis provides insights on the upcoming January FOMC meeting, indicating that no change in interest rates is expected. The report highlights a modest chance of a rate cut and suggests that the Fed will maintain a steady stance in the coming years.Fxstreet
Tue, Jan 27
Brazil's mid-January inflation meets forecasts ahead of rate decision
SAO PAULO, Jan 27 (Reuters) - Brazil's annual inflation ticked up in early January but came in broadly in line with expectations ahead of the central bank's interest rate decision this week, government statistics agency IBGE said on Tuesday. Annual inflation reached 4.50% in mid-January, wh...Reuters
Tue, Jan 27
