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Economists expect rate cut in Brazil in December, central bank poll shows
BRASILIA/SAO PAULO, May 5 (Reuters) - Private economists polled by Brazil's central bank expect monetary easing to start at the end of 2025, even as policymakers continue their current tightening cycle, according to the weekly survey released on Monday. Markets still expect a 50-basis-point rate...Reuters
Mon, May 5
Thumzup Media Files $200 Million Shelf Registration To Further Bitcoin Treasury Strategy
May 5 (Reuters) - Thumzup Media Corp TZUP.O:THUMZUP MEDIA CORPORATION FILES $200 MILLION SHELF REGISTRATION FOR WORKING CAPITAL AND TO FURTHER ITS BITCOIN TREASURY STRATEGYTHUMZUP MEDIA CORP - BOARD AUTHORIZES THUMZUP TO HOLD UP TO 90% ASSETS IN BITCOINReuters
Mon, May 5
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3811 to the greenback, or 72.41 U.S. cents, after trading in a range of 1.3787 to 1.3828.Canadian government 10-year bond yields CA10YT...Reuters
Mon, May 5
COLUMN-Wall Street's 'fever dream' could end in cold sweats: McGeever
By Jamie McGeeverORLANDO, Florida, May 5 (Reuters) - Wall Street's recent rebound from its April lows suggests equity investors are pricing in a benign outlook for the U.S. economy, which contrast starkly with the more ominous signals coming from the oil, gold and fixed income markets. Is this j...Reuters
Mon, May 5
Dollar slips, Taiwan dollar surge draws eyes
SYDNEY/LONDON, May 5 (Reuters) - The U.S. dollar slipped again on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions.Reuters
Mon, May 5
Zimmer Biomet lowers 2025 profit forecast on acquisition costs, tariff uncertainty
May 5 (Reuters) - Zimmer Biomet Holdings ZBH.N on Monday lowered its full-year adjusted profit forecast, as the medical device maker anticipates a hit from its recent acquisition of Paragon 28 7GQ.F, currency volatility, and proposed tariffs.Investors and analysts are closely monitoring how medical ...Reuters
Mon, May 5
Sterling gains against dollar ahead of this week's BoE meeting
May 5 (Reuters) - Sterling rose against a weaker dollar on Monday, ahead of the Bank of England's next policy decision due later this week.The pound was up 0.29% versus the dollar 4> to 1.33045 at 1107 GMT, broadly in line with moves across broader currency markets. FRX/ Newsflow in Britain w...Reuters
Mon, May 5
CORRECTED-Australian dollar perched at five-month top, outlook brightens
SYDNEY, May 5 (Reuters) - The Aussie hit a five-month peak on Monday on the back of a soft U.S. dollar, which has been constrained by a meteoric rise in the Taiwanese currency, while the kiwi also gained ground ahead of the quarterly jobs data this week. There has been muted reaction to the astonish...Reuters
Mon, May 5
Taiwan president calls for end to 'false' news about US forex talks
Taiwan president decries 'false' information about forex Taiwan dollar at more than two-year high against greenbackTaiwan repeatedly denies talking forex rate with USTaiwan central bank calls for speculation to end, calm to returnTaiwan held tariff talks with US last weekBy Liang-sa Loh and ...Reuters
Mon, May 5
RPT-COLUMN-Deep cuts or none at all? A gulf exists in Fed views: Mike Dolan
By Mike Dolan LONDON, May 5 (Reuters) - There are countless measures of elevated U.S. economic uncertainty right now, but the deep gulf in forecasts for Federal Reserve interest rates paints a particularly messy picture.Few if any expect the Fed to cut its main policy rate this week, despite rele...Reuters
Mon, May 5
AUD/JPY trades soft near 93.50 as global trade uncertainties increase safe-haven demand
AUD/JPY trades subdued near 93.40 during European hours on Monday after gaining for three consecutive sessions. The currency cross is under pressure as rising global trade uncertainties boost demand for safe-haven assets like the Japanese Yen (JPY).
Fxstreet
Mon, May 5
FOREX-Dollar slips as Taiwan dollar surge sparks revaluation talk
Dollar slips as Taiwan dollar jumps to 2-year high Talk Asian currencies may rise to win US trade concessionsFed seen on hold this week, less chance of June cut Soft Swiss inflation supports bets on a return to sub zero rates By Wayne Cole and Alun John SYDNEY/LONDON, May 5 (Reuters) - The dollar...Reuters
Mon, May 5
Taiwan central bank governor to hold news conference after currency surges
TAIPEI, May 5 (Reuters) - Taiwan central bank governor Yang Chin-long will hold a news conference on Monday afternoon about the domestic foreign exchange market, the bank said, after the Taiwan dollar surged against the U.S. dollar.The news conference will start at 4:30 p.m. (0830 GMT), the centralReuters
Mon, May 5
EUR/JPY attracts some sellers to near 163.50 as safe-haven demand grows
The EUR/JPY cross extends the decline to around 163.50 during the early European session on Monday. The Japanese Yen (JPY) edges higher against the Euro (EUR) on the rising safe-haven demand amid the economic uncertainty. The Eurozone Sentix Investor Confidence is due later on Monday.
Fxstreet
Mon, May 5
EUR/GBP appreciates to near 0.8550 due to strong Eurozone inflation, weak Pound outlook
EUR/GBP continues to climb for the fourth consecutive session, trading around 0.8530 during early European hours on Monday. The currency cross is gaining as the Euro (EUR) strengthens on the back of robust Eurozone inflation data, released on Friday.
Fxstreet
Mon, May 5
Taiwan central bank governor to hold news conference after Taiwan dollar surges
TAIPEI, May 5 (Reuters) - Taiwan central bank governor Yang Chin-long will hold a news conference on Monday afternoon about the domestic foreign exchange market, the bank said, after the Taiwan dollar surged against the U.S. dollar.Reuters
Mon, May 5
FOREX-Dollar slips as Taiwan dollar surge sparks revaluation talk
Dollar slips as Taiwan dollar jumps to 2-yr high Talk Asian currencies may rise to win US trade concessionsFed seen on hold this week, less chance of June cut Erratic tariff policy remains a drag on dollar sentimentBy Wayne Cole SYDNEY, May 5 (Reuters) - The dollar slipped anew on Monday as a met...Reuters
Mon, May 5
