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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
Jan 16, 2025
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
Jan 16, 2025
BUZZ-COMMENT-IDR left in the lurch as BI prioritises growth
Jan 16 (Reuters) - Bank Indonesia's surprise policy rate cut on Wednesday signals a clear and welcome shift to prioritising growth, even as it leaves the Indonesian rupiah vulnerable to a further decline.The 25-basis-point rate cut to 5.75% was BI's first easing since September, and defied a forecas...Reuters
Jan 16, 2025
Trump's US Treasury pick Bessent says dollar must remain world's reserve currency
WASHINGTON, Jan 15 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency as he laid out a vision for a "new economic golden age". Bessent, who faces questioning before t...Reuters
Jan 16, 2025
Australian dollar steadies, gets limited lift from strong jobs data
By Wayne Cole SYDNEY, Jan 16 (Reuters) - The Australian dollar got only a brief blip higher on Thursday after data showed a surprisingly strong jump in jobs in December, as a rise in unemployment was seen keeping alive the chance of a near-term cut in interest rates.Both the Aussie and New Zealan...Reuters
Jan 16, 2025
BUZZ-COMMENT-Thursday's monthly UK data dump key for confidence
Jan 16 (Reuters) - The monthly UK data dump assumes greater importance after a sharp fall in interest rates in response to slightly softer UK inflation on Wednesday. GDP, construction, industrial and manufacturing production provide a broad snapshot of the economy, and resilient data would underpin ...Reuters
Jan 16, 2025
FOREX-US inflation relief dents dollar, yen gains ahead of BOJ
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 ordersBy Tom Westbrook SINGAPORE, Jan 16 (Reuters) - The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflati...Reuters
Jan 16, 2025
BUZZ-USD/JPY off with US yields, chance BOJ may hike
USD/JPY off yesterday, from 158.08 to as low as 155.93 EBSCatalyst was BOJ Ueda talk that a rate hike would be debated next weekTokyo still sees chance of hike less than 50-50 but weak longs stirredUeda-speak similar to Himino-speak Tuesday, debate on but no action?Big drop in US rates post-CPI help...Reuters
Jan 16, 2025
Canadian PM Trudeau: Nothing ruled out when it comes to responding to US tariffs
Canadian Prime Minister Justin Trudeau said on Wednesday that Canada will consider every kind of countermeasure if US President-elect Donald Trump goes ahead with a threat to impose a 25% tariff on Canadian imports, per Reuters.
Fxstreet
Jan 15, 2025
