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Brazil's service sector falls in November, ending nine-month streak
SAO PAULO, Jan 13 (Reuters) - Brazil's services activity slipped in November from the previous month, data from the statistics agency IBGE showed on Tuesday, missing market forecasts and breaking a nine-month streak of positive results as tight financial conditions bite.The main driver of La...Reuters
Tue, Jan 13
USD/CNH: Likely to trade in a range between 6.9620 and 6.9820 – UOB Group
US Dollar (USD) is likely to trade in a range between 6.9620 and 6.9820. 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 Peter Chia note.Fxstreet
Tue, Jan 13
GBP/USD is likely in a range-trading phase – UOB Group
Sharp rebound has scope to test 1.3495 before a pullback can be expected; 1.3520 is not expected to come under threat. In the longer run, GBP is likely in a range-trading phase between 1.3390 and 1.3520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jan 13
Central-bank independence is essential, ECB's Kocher says
VIENNA, Jan 13 (Reuters) - Putting political pressure on monetary policy increases inflation and erodes financial stability, European Central Bank policymaker Martin Kocher said on Tuesday, without naming U.S. President Donald Trump who is pressuring the Federal Reserve."Central bank independenc...Reuters
Tue, Jan 13
Chiefs of global central bankers: Expresses support for Fed's Powell
During the European trading session on Tuesday, chiefs of many of the world's major central banks issued a joint statement in support of Federal Reserve (Fed) Chair Jerome Powell after the Trump administration threatened him with a criminal indictment.Fxstreet
Tue, Jan 13
Greek EU-harmonised inflation rises to 2.9% y/y in December
Jan 13 (Reuters) - Greece's annual EU-harmonised inflation accelerated to 2.9% in December from 2.8% in November, data showed on Tuesday.Month-on-month consumer inflation rose by 0.1%The cost of food and non-alcoholic beverages rose 3.8% year-on-year in December, with prices of hotels, cafes, an...Reuters
Tue, Jan 13
Global central bank chiefs plan statement of support for Fed's Powell
FRANKFURT, Jan 13 (Reuters) - Global central bank officials are planning to release a coordinated statement of support for U.S. Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration threatened him with a criminal indictment, two sources said.The statement, which is expected t...Reuters
Tue, Jan 13
Euro zone yields nudge higher with US data at top of mind
LONDON, Jan 13 (Reuters) - Euro zone government bond yields edged higher in early trading on Tuesday and the gap between German and American yields narrowed slightly, reversing the previous day's moves, as some worries subsided about Fed independence - at least in the short term. Germany&#...Reuters
Tue, Jan 13
Trump's pick as Vietnam envoy sets sights on trade gap as Hanoi's surplus with US tops China's
Trump's nominee envoy to Vietnam warns of "imbalanced" trade tiesVietnam's surplus with U.S. is at record high despite tariffsHanoi has higher surplus with Washington than ChinaBy Francesco Guarascio HANOI, Jan 13 (Reuters) - The Trump administration plans to replace the U.S. amba...Reuters
Tue, Jan 13
