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Japan PM vows to stay on after bruising election defeat
Ruling coalition loses majority in upper housePremier Ishiba to hold news conference at 0500GMTMain opposition considering no-confidence motionSome ruling party members voice doubts over leaderBy John Geddie and Tim Kelly TOKYO, July 21 (Reuters) - Japanese premier Shigeru Ishiba vowed to stay on...
Reuters
Mon, Jul 21
Australian Dollar remains subdued as PBoC leaves LPRs unchanged
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday, retracing its recent gains from the previous session.
AUD/USD
Fxstreet
Mon, Jul 21
Japanese Yen surrenders modest intraday gains amid domestic political uncertainty
The Japanese Yen (JPY) attracts fresh sellers following a modest bullish gap opening at the start of a new week amid the domestic political uncertainty.
USD/JPY
Fxstreet
Mon, Jul 21
India Morning Newsletter, July 21
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Jul 21
New Zealand dollar falls as benign inflation boosts rate cut bets
Two-year NZ swap rates hit lowest since mid-MayMarkets narrow odds on RBNZ Aug rate cutRBA releases minutes on Tuesday, chief speaks on Thursday SYDNEY, July 21 (Reuters) - The New Zealand dollar slipped on Monday while local bonds rallied after inflation data proved not as bad as feared, with st...
Reuters
Mon, Jul 21
EUR/USD inches lower to near 1.1600 as traders adopt caution on US-EU trade uncertainty
EUR/USD edges lower after registering gains in the previous session, trading around 1.1620 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) holds steady, as traders adopt caution due to renewed trade tensions ahead of the US tariff deadline on August 1.
EUR/USD
Fxstreet
Mon, Jul 21
FOREX-Yen firms as investors gird for political uncertainty
Yen holds ground as markets had priced in Japan election resultsRuling coalition loses majority in upper houseInvestors brace for policy gridlock, fiscal worriesJapanese markets closed on Monday By Ankur Banerjee SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coa...
Reuters
Mon, Jul 21
USD/CAD holds steady above 1.3700 as tariff uncertainty lingers
The USD/CAD pair trades on a flat note near 1.3725 during the early Asian session on Monday.
USD/CAD
Fxstreet
Mon, Jul 21
Yen firms as investors gird for political uncertainty
SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coalition lost its majority in the upper house as investors braced for a period of policy paralysis and market tumult in the world's fourth-largest economy ahead of a deadline on tariff negotiations with the U.S.
USD/JPY
Reuters
Mon, Jul 21
NZD/USD holds losses around 0.5950 following PBoC decision, New Zealand’s CPI data
NZD/USD lost ground following the disappointing New Zealand inflation data for the second quarter, trading around 0.5940 during the Asian hours on Monday. Traders may adopt caution ahead of the New Zealand Trade Balance data, due on Tuesday.
NZD/USD
Fxstreet
Mon, Jul 21
PBOC sets USD/CNY reference rate at 7.1522 vs. 7.1498 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1522 as compared to Friday's fix of 7.1498.
USD/CNH
Fxstreet
Mon, Jul 21
GBP/USD consolidates around 1.3400, remains close to two-month low
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, just above the 1.3400 round figure during the Asian session. Meanwhile, spot prices remain well within striking distance of a nearly two-month low touched last week.
GBP/USD
Fxstreet
Mon, Jul 21
Japan's shaky government loses upper house control
Ruling coalition loses majority in upper chamberPM Ishiba says he will stay on as premier Opposition parties make gains with pledges for tax cutsJapan faces August 1 deadline on US tariffsFringe anti-immigration party makes gainsBy Mariko Katsumura and Kantaro Komiya TOKYO, July 21 (Reuters) - J...
Reuters
Mon, Jul 21
AUD/USD flat lines near 0.6500 ahead of PBoC rate decision
The AUD/USD pair holds steady near 0.6505 during the early Asian session on Monday. Rising US tariff risks could weigh on the China-proxy Aussie as a tariff deadline with the US looms. Investors brace for the People’s Bank of China (PBoC) interest rate decision later on Monday.
AUD/USD
Fxstreet
Sun, Jul 20
Bessent advised Trump against ousting Fed Chair Powell, citing potential economic and market risks- WSJ
-- Source link: https://tinyurl.com/4k4b46ma-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Sat, Jul 19
Brazil says not considering dividend controls in response to US tariffs
BRASILIA, July 19 (Reuters) - Brazil's Finance Ministry said on Saturday the government is not considering dividend controls as retaliation against the U.S., even if talks to reverse a 50% tariff on Brazilian goods announced by President Donald Trump's administration fail to advance.The mini...
Reuters
Sat, Jul 19
Japan heads to polls in key test for PM Ishiba
TOKYO, July 20 (Reuters) - Japanese voters could unleash political turmoil as they head to the polls on Sunday in a tightly contested upper house election, with rising prices and immigration concerns threatening to weaken Prime Minister Shigeru Ishiba's grip on power.Opinion polls suggest Ishiba...
Reuters
Sat, Jul 19
Brazil's Lula criticizes US visa curbs as arbitrary, defends judicial sovereignty
BRASILIA, July 19 (Reuters) - Brazilian President Luiz Inacio Lula da Silva criticized the U.S. on Saturday for imposing visa restrictions on Brazilian officials, calling the move "arbitrary" and "baseless," and saying the action violated fundamental principles of respect and soverei...
Reuters
Sat, Jul 19
Japan's minority government faces election snub as economic storm brews
Japan's upper house elections set for SundayRuling coalition expected to lose majority, polls show Investors sell government bonds, fearing fiscal shiftFar-right party could gain as populism takes rootBy John Geddie and Tim Kelly TOKYO, July 18 (Reuters) - Japan's shaky minority governmen...
Reuters
Sat, Jul 19
U.S. to revoke visas from other seven justices from Brazil's top court, O Globo reports
SAO PAULO, July 18 (Reuters) - United States will revoke visas from other seven justices of Brazilian Supreme Court, in addition to judge Alexandre de Moraes, local newspaper O Globo reported on Friday, without citing its source.U.S. Secretary of State Marco Rubio announced earlier the immediate vis...
Reuters
Sat, Jul 19
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