News
Important Only
Brazil economists trim 2026 inflation forecast in boost for central bank
SAO PAULO, July 21 (Reuters) - Private economists polled weekly by Brazil's central bank trimmed their 2026 inflation outlook for the first time in over two months, according to a survey released on Monday, in a welcome development for the central bank.Consumer prices in 2026 are now expected to...Reuters
Mon, Jul 21
Brazil acknowledges possibility of no US trade deal by August 1
SAO PAULO, July 21 (Reuters) - Brazil's finance minister said on Monday his country would not give up negotiating with the U.S. but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect."That...Reuters
Mon, Jul 21
Stellantis sees full-year impact of U.S. tariffs of 1-1.5 bln euros
July 21 (Reuters) - Stellantis Chief Financial Officer Doug Ostermann tells analysts:FOREX HEADWINDS WEIGHED FOR JUST BELOW 1 BILLION EUROS ON H1 RESULTSMORE IMPACT FROM U.S. TARIFFS EXPECTED IN H2WE HAD IMPAIRMENT OF AROUND 700 MILLION EUROS IN H1 ACROSS TWO NON CASH ITEMS, MAJORITY OF THEM RELATED...Reuters
Mon, Jul 21
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.3698 to the greenback, or 73 U.S. cents, after trading in a range of 1.3696 to 1.3734.Canadian government 10-year bond yields CA10YT=RR...Reuters
Mon, Jul 21
Yen Surges After Election Defeat; Analysts Remain Bearish on Yen and Japanese Stocks
TradingKey - Following a significant defeat in the upper house elections where Japan's ruling coalition lost its majority, the yen surged amidst looming US-Japan tariff negotiations. Analysts believe the political uncertainty will lead to increased volatility in Japanese stocks and the yen.
TradingKey
Mon, Jul 21
JPY is outperforming post-election – Scotiabank
The Japanese Yen (JPY) is strong, up 0.6% against the US Dollar (USD) and outperforming all of the G10 currencies as market participants respond to this weekend’s upper house election result, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Mon, Jul 21
Brazil acknowledges possibility of no US trade deal by August 1
SAO PAULO, July 21 (Reuters) - Brazil's finance minister said on Monday that his country will not give up negotiating with the United States, but acknowledged that a deal may not be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect."...Reuters
Mon, Jul 21
FOREX-Yen firms after Japanese election result, US dollar softens
Yen firms as markets had priced in Japan election resultRuling coalition loses majority in upper houseJapanese markets closed on Monday Tariffs, ECB & Fed meetings in focusBy Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON, July 21 (Reuters) - The yen firmed on Monday after Japan's rulin...Reuters
Mon, Jul 21
USD/JPY: To trade in a range of 146.90/149.20 – UOB Group
US Dollar (USD) is likely to trade in a range between 147.80 and 148.85 against Japanese Yen (JPY). In the longer run, USD strength has paused for now; it is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jul 21
Ether Machine To Go Public With Over $1.5 Bln Of Fully Committed Capital
July 21 (Reuters) - THE ETHER MACHINE: THE ETHER MACHINE TO GO PUBLIC WITH OVER $1.5 BILLION OF FULLY COMMITTED CAPITALTHE ETHER MACHINE: PUBLIC LAUNCH THROUGH COMBINATION BETWEEN THE ETHER RESERVE & DYNAMIX CORP.THE ETHER MACHINE: COMBINED ENTITY TO TRADE ON NASDAQ UNDER TICKER SYMBOL "ETHM...Reuters
Mon, Jul 21
USD/JPY falls back to near 147.70 as Yen trades firmly after Japan’s parliamentary elections
The USD/JPY pair gives up initial recovery move and slides to near 147.70 during the European session on Monday. The pair faces selling pressure as the Japanese Yen (JPY) outperforms across the board, following the outcome of Japan’s parliament elections on Sunday.Fxstreet
Mon, Jul 21
JPY: Take a breath and buckle up – Commerzbank
In an initial reaction, the Japanese Yen (JPY) appreciated this morning, showing some relief after yesterday's elections. And certainly, the uncertainty about the political future could have been much greater this morning. As feared, the LDP lost its majority in yesterday's upper house elections.Fxstreet
Mon, Jul 21
