News
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Sterling dips after data shows slower UK economic growth
LONDON, Jan 16 (Reuters) - The pound fell on Thursday after data showed the British economy grew more slowly than expected in November, which could give the Bank of England more room to cut interest rates this year. The Office for National Statistics said gross domestic product expanded by 0.1% i...Reuters
Thu, Jan 16
FOREX-Dollar steadies, yen gains ahead of BOJ meeting
Yen firms against dollar on possible BOJ rate hikesCooling inflation in U.S. ups chances of Fed rate cutsTraders eyeing Trump inauguration and possible tariff ordersUpdates prices to Asia afternoonBy Tom Westbrook SINGAPORE, Jan 16 (Reuters) - The dollar steadied on Thursday, after dipping alongs...Reuters
Thu, Jan 16
JGB yields slide on strong auction, plunge in US yields
Updates after auction resultsBy Kevin Buckland TOKYO, Jan 16 (Reuters) - Japanese government bond yields dropped on Thursday amid pressure from a steep slide in U.S. Treasury yields overnight and strong demand at an auction of domestic 20-year bonds. The 10-year JGB yield JP10YTN=JBTC sank...Reuters
Thu, Jan 16
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
Bessent makes debut as Trump's economic point manHedge fund manager a vocal advocate for Trump's tariff agenda Markets seen scrutinizing Bessent comments on debt, dollar, FedSenate Democrats to grill Bessent on Trump tax cut extensionsBessent vows to maintain dollar reserve currency status By David...Reuters
Thu, Jan 16
UPDATE 4-Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
BOK holds interest rate steady at 3.00% Only seven of 34 economists polled foresaw outcomeWon recently plunged to 15-year low against U.S. dollarBank sees need for political turmoil to stabiliseMost board members are open to a near-term rate cutRecasts after Governor Rhee's news conferenceBy Cynthia...Reuters
Thu, Jan 16
JGB yields track Treasuries lower; BOJ hike bets limit decline
By Kevin Buckland TOKYO, Jan 16 (Reuters) - Japanese government bond yields fell on Thursday amid pressure from a steep slide in U.S. bond yields overnight, as cooling core inflation reignited bets for a Federal Reserve interest rate cut by July.However, rising bets for the Bank of Japan to raise...Reuters
Thu, Jan 16
UPDATE 1-Trump's US Treasury pick Bessent says dollar must remain world's reserve currency
Bessent tells senators US must protect critical supply chainsHedge fund manager says Trump 2017 tax cuts should be permanentBessent calls for productive investment, new 'golden age' Adds quotes, details on tax and tariff plans, from paragraph 5By David Lawder and Lawrence Delevingne WASHINGTON, J...Reuters
Thu, Jan 16
