News
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US: Downside surprises in December payrolls and unemployment rate – UOB Group
The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (9 Jan) presented two main downside surprises as jobs growth in December missed expectations even though the bar was set low while unemployment rate also dipped below expectations.Fxstreet
Mon, Jan 12
J.P. Morgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
J.P. Morgan expects Fed's next move to be a rate hikeGoldman Sachs, Barclays delay rate cuts to mid-2026Traders bet on 95% chance of unchanged rates in Jan meetingBy Siddarth S and Akriti Shah Jan 12 (Reuters) - J.P. Morgan predicts the U.S. Federal Reserve's next move will be a rate hike...Reuters
Mon, Jan 12
TREASURIES-Long yields set for biggest rise in a month after Trump team attack on Powell
Trump team threatens Powell over Fed building projectYield curve steepening as 30-year yields rise, 2-year yields fallDollar down as investors swerve US assetsBy Amanda Cooper LONDON, Jan 12 (Reuters) - U.S. 30-year Treasury yields rose sharply on Monday in European trading, after President Donal...Reuters
Mon, Jan 12
EUR/CAD climbs above 1.6200 as ECB holds rates
EUR/CAD extends its gains for the second successive session, trading around 1.6210 during the European hours on Monday. The currency cross advances as the Euro (EUR) gains support from signs that the European Central Bank (ECB) is nearing the end of its rate-cutting cycle.
Fxstreet
Mon, Jan 12
REFILE-Goldman Sachs pushes back US Fed rate cut forecast after soft jobs data
Jan 12 (Reuters) - Goldman Sachs pushed back its forecast for U.S. Federal Reserve rate cuts on Sunday, now expecting two 25-basis-point reductions in June and September 2026 instead of the previously anticipated moves in March and June.The shift follows softer non-farm payrolls data and reflects si...Reuters
Mon, Jan 12
Poland - Factors to Watch January 12
WARSAW, Jan 12 (Reuters) - The following are significant news stories, press reports and events on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):PESAPESA, a Polish manufacturer of railway vehicles and trams, is acquiring 100% of the shares of the German company HeiterBlick. The terms of the transacti...Reuters
Mon, Jan 12
PRESS DIGEST-New York Times business news - January 12
Jan 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - U.S. President Donald Trump said in a social media post that "no more oil or money" would be going to Cuba from Venez...Reuters
Mon, Jan 12
BREAKINGVIEWS-Tobacco giants get another reason to quit India
By Ujjaini DuttaBENGALURU, Jan 12 (Reuters Breakingviews) - Sometimes smokers are hit with a compelling reason to quit. India imposed fresh taxes on cigarettes last month, knocking as much as 17% off the shares of British American Tobacco BATS.L-backed $47 billion ITC ITC.NS and Godfrey Phillips In...Reuters
Mon, Jan 12
Trump team ramps up attack on Fed's Powell with criminal indictment threat
Powell accuses administration of using legal threats to influence Fed policySubpoenas mark escalation in Trump-Powell conflict over interest ratesWhite House criticized Fed's $2.5 billion building renovation as costlyBy Howard Schneider and Ann SaphirJan 12 (Reuters) - U.S. President Donald Trum...Reuters
Mon, Jan 12
RPT-FACTBOX-The Fed building renovations at the center of Trump's fight with Powell: Five things to know
Jan 11 (Reuters) - The Trump administration is threatening to bring criminal charges against Federal Reserve Chair Jerome Powell over cost over-runs at the U.S. central bank's headquarters complex in Washington, the latest broadside by Trump against Powell and a Fed he wants to lower interest ra...Reuters
Mon, Jan 12
RPT-The Fed building renovations at the center of Trump's fight with Powell: Five things to know
By Ann Saphir Jan 11 (Reuters) - The Trump administration is threatening to bring criminal charges against Federal Reserve Chair Jerome Powell over cost over-runs at the U.S. central bank's headquarters complex in Washington, the latest broadside by Trump against Powell and a Fed he wants to ...Reuters
Mon, Jan 12
RPT-FACTBOX-The Fed building renovations at the center of Trump's fight with Powell: Five things to know
By Ann Saphir Jan 11 (Reuters) - The Trump administration is threatening to bring criminal charges against Federal Reserve Chair Jerome Powell over cost over-runs at the U.S. central bank's headquarters complex in Washington, the latest broadside by Trump against Powell and a Fed he wants to...Reuters
Mon, Jan 12
WRAPUP 10-Deaths from Iran protests reach more than 500, rights group says
US-based group says 490 protesters, 48 security personnel dead Trump again threatens US intervention to help protestersIran warns US against 'miscalculation', threatens retaliationIsraeli sources say Israel on high alert for US interventionBy Parisa Hafezi, Rami Ayyub and Maayan Lubell DU...Reuters
Mon, Jan 12
Fed’s Powell: New threat is not about his testimony or the renovation project but a pretext
Federal Reserve (Fed) Chair Jerome Powell said in a statement that the US Justice Department has threatened criminal charges against him in connection with his Senate testimony last June, during which he discussed the estimated $2.5 billion renovation.Fxstreet
Mon, Jan 12
US federal prosecutors open inquiry into Fed Chair Powell
Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank's renovation of its Washington headquarters and whether Powell lied to Congress about the project's scope, the New York Times reported on Sunday.Fxstreet
Mon, Jan 12
UK, Germany discuss NATO forces in Greenland to calm US threat — Bloomberg
A group of European nations, headed by the United Kingdom (UK) and Germany, is discussing plans to increase its military presence in Greenland to show US President Donald Trump that the continent is serious about Arctic security, Bloomberg reported on Sunday.Fxstreet
Sun, Jan 11
RPT-WRAPUP 5-Deaths from Iran protests reach more than 500, rights group says
US-based group says 490 protesters, 48 security personnel dead Trump has threatened US intervention to help protestersIran warns US against 'miscalculation', threatens retaliationIsraeli sources say Israel on high alert for US interventionBy Parisa Hafezi, Rami Ayyub and Maayan Lubell DUB...Reuters
Sun, Jan 11
REFILE-WRAPUP 4-Deaths from Iran protests reach more than 500, rights group says
U.S.-based group says 490 protesters, 48 security personnel dead Trump has threatened U.S. intervention to help protestersIran warns U.S. against 'miscalculation', threatens retaliationIsraeli sources say Israel on high alert for US interventionAnalyst says protests unlikely to topple Iran&#...Reuters
Sun, Jan 11
