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RPT-COLUMN-Past 'peak uncertainty' or eye of storm?: Mike Dolan
By Mike Dolan LONDON, May 12 (Reuters) - Far from full steam ahead, financial markets find themselves in the same boat as the Federal Reserve. They really don't know where this historic trade disruption will end up.Inadvertently, U.S. President Donald Trump and Fed Chair Jerome Powell appeare...Reuters
Mon, May 12
Bank of England's Lombardelli says caution still needed over inflation risks
LONDON, May 12 (Reuters) - Bank of England Deputy Governor Clare Lombardelli said on Monday that there were signs that inflation pressures in Britain would continue to weaken but she was still cautious and would wait for evidence of the slowdown. "Caution remains appropriate. I’ll be more c...Reuters
Mon, May 12
Bank of England's Lombardelli says caution still needed over inflation risks
LONDON, May 12 (Reuters) - Bank of England Deputy Governor Clare Lombardelli said on Monday that there were signs that inflation pressures in Britain would continue to weaken but she was still cautious and was waiting for evidence of the slowdown. "Caution remains appropriate. I’ll be more ...Reuters
Mon, May 12
FOREX-Dollar jumps on Sino-US deal on trade
Dollar surges as US and China reach deal to slash tariffsUS inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Medha Singh and Rocky Swift May 12 (Reuters) - The dollar surged on Monday as investors cheered a Sino-U.S....Reuters
Mon, May 12
INSTANT VIEW-US-China agree to cut tariffs, 90-day pause
LONDON/SHANGHAI, May 12 (Reuters) - Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs and reciprocal duties would drop sharply, giving investors some confidence that a full-scale trade war may have been averted.U.S. Treasur...Reuters
Mon, May 12
AUD/JPY surges to near 94.50 as joint statement confirms 90-day halt in tariff escalations
AUD/JPY climbed more than 1.50% during European trading hours on Monday, reaching around 94.60, driven by a more optimistic global trade sentiment following positive developments in US-China trade negotiations.
Fxstreet
Mon, May 12
Ukraine's dollar bonds rally as push for ceasefire with Russia continues
LONDON, May 12 (Reuters) - Ukraine's dollar bonds gained more than 3 cents on Monday as the push for ceasefire with Russia continues. The 2030 maturity gained the most, adding more than 3 cents to be bid at 54.5 cents, Tradeweb data showed. The GDP warrant, an instrument whose payout is linked t...Reuters
Mon, May 12
EUR/GBP edges lower below 0.8450 on dovish ECB tone
The EUR/GBP cross extends the decline to around 0.8435 during the early European session on Monday. The Pound Sterling (GBP) strengthens against the Euro (EUR) due to positive developments surrounding the United States (US) and the United Kingdom (UK) trade agreement last week.
Fxstreet
Mon, May 12
U.S.-China Tariff Talks Bring Positive News, Could Chinese Yuan Return to the "6" Level?
TradingKey - Following two days of high-level talks over the weekend, U.S.-China trade negotiations have achieved "substantial progress," easing global trade tensions sparked by the tariff war under the Trump 2.0 administration. Goldman Sachs forecasts that the Chinese yuan could appreciate...
TradingKey
Mon, May 12
Swiss National Bank Says It Adheres To The Principles Of The FX Global Code
May 12 (Reuters) - SWISS NATIONAL BANK SAYS IT ATTESTS THAT ITS INTERNAL PROCESSES ARE CONSISTENT WITH THE PRINCIPLES OF THEFX GLOBAL CODESWISS NATIONAL BANK SAYS IT ALSO EXPECTS ITS REGULAR COUNTERPARTIES TO COMPLY WITH THE AGREED RULES OF CONDUCTSource text: [ID:]Further company coverage: [ ]Reuters
Mon, May 12
USD/CHF jumps to near 0.8350 on US-China trade hopes
The USD/CHF pair rises to near 0.8340 during the early European session on Monday. The Swiss Franc (CHF) edges lower against the Greenback amid easing concerns of a trade war between the United States (US) and China, the world's two biggest economies.
Fxstreet
Mon, May 12
FOREX-Dollar gains versus yen, franc on Sino-US trade optimism; yuan firms
Dollar rises after U.S.-China trade talks ease tensionsU.S. inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Rocky Swift TOKYO, May 12 (Reuters) - The dollar climbed against its safe-haven counterparts on Monday afte...Reuters
Mon, May 12
FOREX-Dollar gains versus yen, franc on Sino-US trade optimism; yuan firms
Dollar rises after U.S.-China trade talks ease tensionsU.S. inflation and retail sales data may impact Fed expectationsIndia-Pakistan ceasefire, looming Ukraine-Russia talks calm tensionsBy Rocky Swift TOKYO, May 12 (Reuters) - The dollar climbed against its safe-haven counterparts on Monday afte...Reuters
Mon, May 12
Australia, NZ dollars make guarded gains on Sino-US trade anticipation
By Wayne Cole SYDNEY, May 12 (Reuters) - The Australian and New Zealand dollars edged higher on Monday as signs of movement in the U.S.-China trade deadlock supported risk sentiment globally, though investors awaited more detail before getting too excited.A statement from the two sides is expecte...Reuters
Mon, May 12
NZD/USD attracts some buyers above 0.5900 on US-China trade optimism
The NZD/USD pair gains traction to near 0.5925 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback amid easing concerns over a trade war between the United States and China.Fxstreet
Mon, May 12
FOREX-Dollar gains versus yen on US-China trade optimism; Kiwi climbs
By Rocky Swift TOKYO, May 12 (Reuters) - The dollar climbed in early Asian trade on Monday after weekend talks between the United States and China eased concerns of a trade war between the world's two biggest economies while global hot spots appeared to cool.The greenback, Treasuries and equi...Reuters
Mon, May 12
