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INDIA RUPEE-Rupee ends weaker, logs worst week in 18 months on foreign outflows
By Jaspreet Kalra MUMBAI, Jan 17 (Reuters) - The Indian rupee slipped on Friday and logged its worst week in 18 months, hurt by persistent foreign portfolio outflows and heightened dollar bids in the non-deliverable forwards (NDF) market. The currency declined to an all-time low of 86.6475 earlie...Reuters
Fri, Jan 17
BUZZ-COMMENT-Norges Bank is likely to confirm a March rate cut
Jan 17 (Reuters) - The Norges Bank holds an interim policy meeting on Jan. 23 and the domestic and external backdrop argues for rates to be held at 4.5% but with a nod to an eventual easing in March.Little has changed since the December meeting, but the crown remains weaker than the central bank's a...Reuters
Fri, Jan 17
FOREX-Dollar steady ahead of Trump inauguration, but set to end week lower
Yen soft but hovering near one-month highDollar to snap six-week winning streak on shifting rate viewsYuan steady after GDP data meets 2024 target of 5%Markets await Donald Trump's return to the White HouseUpdates in European morning tradeBy Ankur Banerjee and Greta Rosen Fondahn Jan 17 (Reuters)...Reuters
Fri, Jan 17
BUZZ-COMMENT-BoJ must stand and deliver hike or yen will be robbed
Jan 17 (Reuters) - Having talked the talk about an interest rate increase next week, the Bank of Japan needs to walk the walk or risk a steep yen sell-off. The growing expectation of a BoJ rate hike on Jan. 24 inflated the yen this week, with Japan's currency notching a new four-week high against th...Reuters
Fri, Jan 17
Pound Sterling tumbles as UK Retail Sales surprisingly declines in December
The Pound Sterling (GBP) falls sharply against its major peers on Friday as the United Kingdom (UK) Office for National Statistics (ONS) reported that Retail Sales surprisingly contracted in December, another data that adds to the weak economic outlook.
Fxstreet
Fri, Jan 17
GRAPHIC-Foreigners pull out of Asian bonds for a second month in December
Jan 17 (Reuters) - Asian debt markets saw foreign outflows in December, for the second month in a row, reversing strong demand from earlier in 2024 on anticipated higher U.S. tariffs under President-elect Donald Trump, slower easing by the Federal Reserve, and reduced regional growth expectations. ...Reuters
Fri, Jan 17
BUZZ-COMMENT-Oil's surge could undo the dollar
Jan 17 (Reuters) - The recent surge in oil prices should encourage producers to increase supply, which may result in sustained decline for crude that undermines the dollar later this year.Producers would have raised production last year if not for a drop in prices that took Brent to the cusp of crit...Reuters
Fri, Jan 17
RPT-COLUMN-EM central banks cool on Treasuries, stoking bond yield heat: McGeever
Repeats with no changes to textBy Jamie McGeeverORLANDO, Florida, Jan 16 (Reuters) - Spiking Treasury yields and the 'wrecking ball' dollar are creating a negative feedback loop that monetary authorities around the globe may be helping to sustain. The U.S. bond market selloff that began after the ...Reuters
Fri, Jan 17
UPDATE 1-BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
BOJ meets for rate review Jan. 23-24Absent of a Trump-driven shock, BOJ seen hiking rates to 0.5%BOJ seen raising price f'cast as weak yen keep import costs highBOJ unlikely to give clarity on pace, timing of next moveNo major change expected in BOJ's hawkish policy guidanceAdds analyst quote in par...Reuters
Fri, Jan 17
