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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3898 to the greenback, or 71.95 U.S. cents, after trading in a range of 1.3885 to 1.39.Canadian government 10-year bond yields CA10YT=RR ros...Reuters
Fri, Jan 16
Canadian housing starts rose 5.6% in 2025 as December beats expectations
By Fergal SmithTORONTO, Jan 16 (Reuters) - Canadian housing starts rose 5.6% in 2025 to 259,028 units as starts increased more than expected in December, data from the national housing agency showed on Friday.The annual level of starts was the fifth highest on record, the Canada Mortgage and Housing...Reuters
Fri, Jan 16
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
