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World Bank to announce $12 billion financing package for Argentina, source says
WASHINGTON, April 11 (Reuters) - The World Bank is poised to announce a $12 billion financing package for Argentina on Friday, supplementing the International Monetary Fund's expected approval of a $20 billion Argentina loan deal, a source with knowledge of the plan said.The Inter-American Devel...Reuters
Fri, Apr 11
FOREX-Dollar slides with investor confidence shaken in safety of US assets
Analysts say trade policies undermine confidenceSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Gold hits fresh new peakBy Chibuike Oguh and Lucy Raitano NEW YORK/LONDON, April 11 (Reuters) - The dollar continued to slide a...Reuters
Fri, Apr 11
Brazil ready to face any external environment, says finance minister
BRASILIA, April 11 (Reuters) - Brazil is ready to face and overcome any adverse external scenario, Finance Minister Fernando Haddad said on Friday, underscoring that Latin America's largest economy enjoys a "protective cushion" to defend itself from external turbulence. In an interview w...Reuters
Fri, Apr 11
FOREX-US dollar under pressure as investors are shaken by trade war
Analysts say trade policies undermine confidenceSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Gold hits fresh new peakBy Chibuike Oguh, Lucy Raitano NEW YORK/LONDON, April 11 (Reuters) - The dollar weakened against major ...Reuters
Fri, Apr 11
CANADA FX DEBT-Canadian dollar notches biggest weekly gain in five years
Canadian dollar gains 0.7% against the greenbackFor the week, the loonie adds 2.4%Investors see 60% chance BoC pauses rate hikes10-year yield touches highest since January 24By Fergal Smith TORONTO, April 11 (Reuters) - The Canadian dollar strengthened to a five-month high against its U.S. counte...Reuters
Fri, Apr 11
FOREX-Dollar weakens with investor confidence shaken in US safe-haven assets
Analysts say loss of confidence in US assets over trade policiesSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Gold hits fresh new peakBy Chibuike Oguh and Lucy Raitano NEW YORK/LONDON, April 11 (Reuters) - The dollar weak...Reuters
Fri, Apr 11
FOREX-Dollar weakens with investor confidence shaken in US safe-haven assets
Analysts say loss of confidence in US assets over trade policiesSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Gold hits fresh new peakBy Chibuike Oguh and Lucy Raitano NEW YORK/LONDON, April 11 (Reuters) - The dollar weak...Reuters
Fri, Apr 11
Argentina FX futures jittery as traders place bets ahead of IMF deal
BUENOS AIRES, April 11 (Reuters) - Argentine peso futures have weakened sharply in recent days as traders place tentative bets on a faster depreciation of the embattled currency amid uncertainty over the exchange rate regime ahead of a deal with the International Monetary Fund.The April peso future ...Reuters
Fri, Apr 11
Brazil, Chinese officials talk bilateral trade, tariff challenges
BRASILIA, April 11 (Reuters) - Brazilian Vice President Geraldo Alckmin held a video call on Friday with Chinese Commerce Minister Wang Wentao to discuss trade opportunities, Alckmin's office said.The two agreed that multilateralism must be defended in the face of tariff challenges, as well as t...Reuters
Fri, Apr 11
Hungary's central bank must be patient despite risks to growth, governor says
Hungary's recovery faces new risks from trade warBank has left rates steady for six straight monthsGovernor calls for patience, disciplined policyLawmakers to confirm former debt chief as deputy governorBy Gergely Szakacs BUDAPEST, April 11 (Reuters) - Hungary's central bank must remain p...Reuters
Fri, Apr 11
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.9% higher at C$1.3853 to the greenback, or 72.19 U.S. cents, after trading in a range of 1.384 to 1.3988.Canadian government 10-year bond yields CA10YT=...Reuters
Fri, Apr 11
Trade turmoil stymies emerging market bond sale bonanza
Emerging market debt sales stall due to trade turmoil, recession fearsSub-Saharan Africa faces high yields, limited market accessJPMorgan expects full-year emerging market issuance of $576 bln By Colleen GokoJOHANNESBURG, April 11 (Reuters) - Turmoil in the wake of U.S. President Donald Trump's...Reuters
Fri, Apr 11
FOREX-Dollar falls as investors lose confidence in US assets
Analysts say loss of confidence in US assets over trade policiesSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Yuan strengthensBy Lucy Raitano and Kevin Buckland LONDON, April 11 (Reuters) - The dollar fell broadly on Frid...Reuters
Fri, Apr 11
European markets functioning well, ECB attentive to FX movements, Lagarde says
WARSAW, April 11 (Reuters) - Euro zone financial markets are functioning well despite global turbulence and the European Central Bank is ready to deploy its financial instruments to maintain financial stability if necessary, ECB President Christine Lagarde said on Friday. Markets have endured a brut...Reuters
Fri, Apr 11
All about tariffs: Five questions for the ECB
By Yoruk Bahceli, Stefano Rebaudo, Dhara Ranasinghe LONDON, April 11 (Reuters) - The European Central Bank meets on April 17 with all focus on what tariff chaos means for how much further policymakers will need to cut rates.U.S. President Donald Trump first announced reciprocal tariffs around the...Reuters
Fri, Apr 11
FOREX-Safe-haven Swiss franc at decade high, euro surges vs dollar as US-China trade war rages
Analysts see loss of confidence in US assets over trade policiesSwiss franc leaps to decade-high, euro at three-year peakYen hits multi-month high after selloff in US shares, Treasuries Yuan strengthens despite escalating US trade war with ChinaBy Lucy Raitano and Kevin Buckland LONDON, April 11 ...Reuters
Fri, Apr 11
