News
Important Only
FOREX-Euro rises, yen jumps as oil falls after Israel-Iran ceasefire
Trump says both Iran and Israel violated ceasefireHe adds Iran will never rebuild its nuclear programmeOil prices drop, risk currencies rally, Israel's shekel jumpsEyes on Powell's testimony later in the sessionBy Stefano Rebaudo June 24 (Reuters) - The euro and the yen rose against the d...Reuters
Tue, Jun 24
Brazil central bank says much of rate hike impact yet to be felt
BRASILIA, June 24 (Reuters) - Brazil's central bank said on Tuesday that much of the impact from its "particularly quick and very firm" tightening cycle is yet to be felt, which is why it now foresees a pause in interest rate increases to assess those effects.In the minutes of last week&...Reuters
Tue, Jun 24
Central bank body BIS delivers stark stablecoin warning
BIS warns stablecoin carry multitude of system-wide risksRisks include monetary sovereignty, EM capital flight Central banks need to boldly pursue tokenisationBy Marc Jones LONDON, June 24 (Reuters) - The Bank for International Settlements issued its starkest warning yet on the risks posed by sta...Reuters
Tue, Jun 24
EMERGING MARKETS-FX, stocks jump after Iran-Israel ceasefire revives risk appetite
MSCI FX index up 0.7%, stocks up 2.3% Israel alleges ceasefire violation, orders strikes Oil prices dip after ceasefire comes into effect Hungary monetary policy meeting in focus By Purvi Agarwal June 24 (Reuters) - Most emerging market currencies and stocks recovered on Tuesday, as investors hea...Reuters
Tue, Jun 24
Continental revises down profitability targets on trade turbulence
BERLIN, June 24 (Reuters) - German car parts supplier Continental CONG.DE revised down profitability targets for its core tyre business and with it the broader group on Tuesday, pointing to currency effects and increasing trade barriers.The company now sees its 2025 adjusted EBIT margin for tyres in...Reuters
Tue, Jun 24
Sterling rises as risk assets rally on Israel-Iran ceasefire
By Stefano Rebaudo June 24 (Reuters) - Sterling climbed against the euro and the dollar on Tuesday, lifted by a rally in risk assets after U.S. President Donald Trump announced a ceasefire between Israel and Iran.Israeli Defence Minister Israel Katz said on Tuesday he had ordered the military to ...Reuters
Tue, Jun 24
CEE MARKETS-Currencies and stocks stronger after Trump announces Israel-Iran ceasefire
BUDAPEST, June 24 (Reuters) - Central European currencies firmed while most stocks also rose after U.S. President Donald Trump announced a complete ceasefire between Israel and Iran, while investors also turned their attention towards a central bank rate meeting in Hungary.Global stocks rallied and ...Reuters
Tue, Jun 24
USD/CHF consolidates losses below 0.8130 in risk-on markets with Fed's Powell in the spotlight
Fed Chair Powell is expected to speak to Congress later today and give more clues on the bank's next steps.The Swiss Franc has retraced most of the last two weeks’ losses, and the USD/CHF has returned to levels right above 0.8100, with the Dollar weighed by the risk-on mood after the announcement of
Fxstreet
Tue, Jun 24
FOREX-Dollar falls as Israel-Iran ceasefire triggers drop in oil prices
Trump says Iran and Israel ceasefire 'now in effect'Risk currencies rally, Israel's shekel jumpsOil prices drop 4% after falling 7% the previous sessionEyes on Powell's testimony for clues on US rate outlookBy Rae Wee and Stefano Rebaudo June 24 (Reuters) - The U.S. dollar fell on...Reuters
Tue, Jun 24
