News
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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
FOREX-Dollar steady near multi-week lows as Fed rate-cut bets build, yen rises
Traders tip small chance of super-sized 50 bps Fed cut next monthBessent urges rapid Fed cuts, early BOJ hike, buoying yen vs dollarBitcoin powered by improved risk sentiment, favourable regulatory changesAussie dollar rises to multi-week high on upbeat jobs dataBy Kevin Buckland and Lucy Raitano ...Reuters
Thu, Aug 14
EUR/GBP stabilises above 0.8600 after UK GDP beats forecasts, Eurozone data falters
The EUR/GBP cross hovers near 0.8605 on Thursday, stabilising after touching an intraday trough of 0.8596 — its weakest level since June 2 — as in-line Eurozone Gross Domestic Product (GDP) data lends the Euro (EUR) modest support above the 0.8600 psychological floor, trimming losses from an earlier
Fxstreet
Thu, Aug 14
USD/JPY: Any further decline is unlikely to reach 145.80 – UOB Group
US Dollar (USD) could drop below last week’s low of 146.60; any further decline is unlikely to reach 145.80. In the longer, USD view is negative, but it is uncertain for now whether it has enough momentum to reach 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Aug 14
NZD/USD: May not be able to break clearly above 0.6000 – UOB Group
New Zealand Dollar (NZD) could rise further, but it may not be able to break clearly above 0.6000. In the longer run, momentum continues to suggest a higher NZD; it must first close above 0.6000 before further advances are likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Aug 14
