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Australia, NZ dollars suffer setback, NZ food prices shock
By Wayne Cole SYDNEY, Aug 15 (Reuters) - The Australian and New Zealand dollars were back on the defensive on Friday after a high reading on U.S. producer inflation quashed talk of aggressive rate cuts there and boosted the greenback. That left the Aussie nursing bruises at $0.6497 AUD=D3, having...Reuters
Fri, Aug 15
Finmin says Japan must watch economic backdrop to calls for BOJ rate hike
TOKYO, Aug 15 (Reuters) - Japan's Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and price backdrop behind recent business sector calls for the central bank to raise interest rates.But specific monetary policy decisions were up to the Bank of Japan,...Reuters
Fri, Aug 15
FOREX-Dollar steadies as hot wholesale inflation data tempers rate cut fervour
Hot US PPI print wipes out wagers on 50 bp Fed cutDollar on course to end week flat against EUR, JPY; lower against GBPMarkets await outcome of Trump-Putin summitBy Jaspreet Kalra Singapore, Aug 15 (Reuters) - The dollar held on to previous session gains on Friday after hotter than expected infla...Reuters
Fri, Aug 15
USD/CAD flat lines above 1.3800 as traders await US Retail Sales release
The USD/CAD pair trades flat near 1.3815 during the early Asian session on Friday. Traders await the release of US Retail Sales and the preliminary reading of the University of Michigan Consumer Sentiment gauge, which are due later on Friday.
Fxstreet
Thu, Aug 14
Brazil Supreme Court justice Moraes requests Bolsonaro's trial to be scheduled
BRASILIA, Aug 14 (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes asked the president of the panel he is part of within the court to schedule the trial of former President Jair Bolsonaro, a court document showed on Thursday.Moraes, who is overseeing the case at which Bolsonaro is accu...Reuters
Thu, Aug 14
Chemtrade Logistics Income Fund's Q2 revenue up 10.8%, beats estimates
OverviewChemtrade Q2 revenue up 10.8% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 rises 19.9%, surpassing analyst estimates, per LSEG dataCo raises 2025 adjusted EBITDA guidance, announces Polytec acquisitionOutlookChemtrade raises 2025 Adjusted EBITDA guidance to C$475 ...Reuters
Thu, Aug 14
USD/CHF Price Forecast: Climbs as hot PPI boosts the Dollar
The USD/CHF rises during the North American session as recent economic data from the States prompted investors to reduce bets that the Fed would cut rates by 50 bps, as stated by the US Treasury Secretary Scott Bessent on Wednesday. At the time of writing, the pair traded at 0.8077, up 0.26%.
Fxstreet
Thu, Aug 14
Strattec Q4 sales rise 6.3%
OverviewAutomotive access control products maker Strattec Security Corp fiscal Q4 net sales rise 6.3%Adjusted EPS for fiscal Q4 beats estimates, reflecting operational improvementsGross margin expands to 16.7% from 13.0% yr/yr, aided by cost managementOutlookCompany faces near-term market uncertaint...Reuters
Thu, Aug 14
EUR/USD dives as scorching US PPI kills hopes for jumbo Fed cut
EUR/USD dives sharply on Thursday as the latest inflation report in the United States (US) caught traders off guard, who were betting on a slim chance of a 50 basis points (bps) Federal Reserve (Fed) rate cut in September. Currently, the pair trades at 1.1638, down 0.57%.
Fxstreet
Thu, Aug 14
CANADA FX DEBT-Canadian dollar hits 13-day low as U.S. producer price data jolts investors
Canadian dollar falls 0.4% against the greenbackTouches its weakest since August 1 at 1.3819Price of oil settles 2.1% higherBond yields edge higher across the curveBy Fergal Smith TORONTO, Aug 14 (Reuters) - The Canadian dollar weakened to a near two-week low against its U.S. counterpart on Thur...Reuters
Thu, Aug 14
FOREX-Dollar up as US producer prices surge in July
US producer prices accelerate in July Dollar rises across the boardTraders stick to bets for September interest rate cut by FedYen sees brief lift from Bessent comment BOJ needs to raise rates again soonBitcoin eases after hitting fresh highBy Saqib Iqbal Ahmed NEW YORK, Aug 14 (Reuters) - Th...Reuters
Thu, Aug 14
Canadian Dollar backslides on newfound US Dollar strength
The Canadian Dollar (CAD) took a step lower on Thursday, driven down by a broad-market upswing in the US Dollar (USD). United States (US) Producer Price Index (PPI) inflation for July was the key driving headline, trimming bets of when the Federal Reserve’s (Fed) next rate-cutting cycle would begin.Fxstreet
Thu, Aug 14
USD/JPY rebounds from three-week low as strong US PPI, labor data lift US Dollar
The Japanese Yen (JPY) loses ground against the US Dollar (USD) on Thursday, snapping a two-day winning streak after stronger-than-expected US Producer Price Index (PPI) and steady Weekly Jobless Claims data lifted the Greenback.
Fxstreet
Thu, Aug 14
White House's Navarro says pharma tariffs likely under Section 232 probe
WASHINGTON, Aug 14 (Reuters) - White House trade adviser Peter Navarro said on Thursday that the Trump administration is likely to levy tariffs on pharmaceutical imports under a "Section 232" trade investigation because it's "very clear that we have a national security crisis" du...Reuters
Thu, Aug 14
FOREX-Dollar higher as U.S. producer prices surge in July
US producer prices accelerate in July Dollar rises across the boardTraders stick to bets for September interest rate cut by FedYen sees brief lift from Bessent comment BOJ needs to raise rates again soonBitcoin eases after hitting fresh highBy Saqib Iqbal Ahmed NEW YORK, Aug 14 (Reuters) - The U....Reuters
Thu, Aug 14
Cinema operator Reading International's Q2 revenue up on strong box office performances
OverviewReading International Q2 revenue grows 29%, beating analyst expectationsEPS and net income missed estimates despite revenue growthCinema revenue up 32% driven by strong box office performancesOutlookCompany anticipates strong cinema performance with upcoming releases like TRON: AresReading I...Reuters
Thu, Aug 14
