News
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CANADA FX DEBT-Canadian dollar recoups losses as investors eye BoC rate cut pause
Loonie recovers from a six-day low at 1.4401Canadian small business confidence tumblesPrice of oil increases 1.6%10-year yield rises half a basis pointBy Fergal Smith TORONTO, March 20 (Reuters) - The Canadian dollar clawed back its earlier decline against the U.S. dollar on Thursday as oil price...Reuters
Thu, Mar 20
Turkish cenbank suspends policy funding, hikes overnight lending rate to 46%
ISTANBUL, March 20 (Reuters) - Turkey's central bank said on Thursday that it suspended one-week repo auctions and hiked its overnight lending rate to 46%, in a move that economists say amounts to a tighter policy stance.Traders and analysts said overnight market interest rates could be 350 to 4...Reuters
Thu, Mar 20
Turkish central bank pauses one-week repo auctions after lira drop
ISTANBUL, March 20 (Reuters) - Turkey's central bank said on Thursday it suspended one-week repo auctions for a period of time in the face of recent developments in financial markets, a day after the lira currency and stocks crashed due to the detention of Istanbul's mayor.Reuters
Thu, Mar 20
GBP/USD drops as BoE holds rates, hints uncertainty on future cuts
The British Pound (GBP) depreciated against the US Dollar (USD) after the Bank of England (BoE) decided to keep rates unchanged and warned about interest rate cuts due to “a lot of economic uncertainty at the moment,” said BoE Governor Andrew Bailey.
Fxstreet
Thu, Mar 20
Traders trim UK rate cut bets as Bank of England flies blind on tariffs
Traders trim expectations of further rate cutsBoE vote split, statement seen as slightly hawkishShort-dated gilt yields riseBy Harry Robertson and Naomi Rovnick LONDON, March 20 (Reuters) - UK markets dialled down wagers on further Bank of England rate cuts on Thursday after the central bank held...Reuters
Thu, Mar 20
FOREX-Dollar rises as Fed signals it is in no rush to cut rates
US labor market remains stable, but job opportunities limitedSterling slips after hitting four-month high, BoE on holdSNB cuts, Riksbank on holdAussie down after soft labor data, kiwi slipsBy Saqib Iqbal Ahmed NEW YORK, March 20 (Reuters) - The dollar rose broadly on Thursday, a day after the Fed...Reuters
Thu, Mar 20
Turkish cenbank meets, hikes overnight lending rate to 46%
ISTANBUL, March 20 (Reuters) - Turkey's central bank said on Thursday that it hiked its overnight lending rate to 46% in an interim monetary policy committee meeting assessing the risks that recent developments may pose to the inflation outlook. The currency sold off aggressively on Wednesday af...Reuters
Thu, Mar 20
South Africa pauses rate cuts as trade and budget risks overshadow low inflation
SARB holds repo rate after three cutsMost analysts had predicted the pauseInflation remains well-containedBut Trump's tariffs, deadlocked budget pose risksBy Sfundo Parakozov, Kopano Gumbi and Alexander Winning PRETORIA, March 20 (Reuters) - South Africa's central bank paused its rate-cu...Reuters
Thu, Mar 20
Turkish bank shares hit hard by concerns of slower rate cuts
By Canan Sevgili March 20 (Reuters) - Turkey's banking index .XBANK extended losses to slide more than 8% on Thursday amid growing concerns that the central bank may delay or pause future interest rate cuts following Wednesday's sharp lira tumble.Turkish stocks dropped a further 1% after ...Reuters
Thu, Mar 20
Financial stability best served by full capitalisation of UBS foreign units, central banker says
ZURICH, March 20 (Reuters) - Financial stability would be best served by UBS UBSG.S fully capitalising its foreign units, Swiss National Bank Vice Chairman Antoine Martin said on Thursday, weighing in on a debate that has fed uncertainty about the rules the nation's sole global bank faces.In res...Reuters
Thu, Mar 20
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% lower at C$1.4383 to the greenback, or 69.53 U.S. cents, after trading in a range of 1.4316 to 1.439.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Thu, Mar 20
Swiss National Bank flags economic uncertainty after latest rate cut
SNB rate cut follows decision by Fed to leave rates on holdSwiss key rate now just above zeroSwiss central bank sees low inflationary pressuresUncertainty over impact of Trump trade policies persistsBy John Revill ZURICH, March 20 (Reuters) - The Swiss National Bank cut its main interest rate to ...Reuters
Thu, Mar 20
INSTANT VIEW-BoE keeps rates steady, sterling gets brief boost
LONDON, March 20 (Reuters) - The Bank of England held interest rates at 4.5% on Thursday and warned against assumptions that they would fall over its next few meetings, as policymakers grapple with deep uncertainty hanging over the British and world economies.The rate-setting Monetary Policy Committ...Reuters
Thu, Mar 20
