Trump’s budget plan will increase deficit by $7.5T, twice the size of Harris’ proposal, CRFB study finds
Donald Trump’s recent wave of tax-cut promises and policy proposals is set to increase the US budget deficit by $7.5…
UK PM Keir Starmer initiates government overhaul less than 100 days into office amid policy challenges
British Prime Minister Keir Starmer is about to initiate a significant government reset as he navigates a tumultuous first 100…
One year into Israel-Hamas conflict: Oil prices fall 10%, but escalating tensions add risk premium
Oil prices have had a strange year since the war broke out between Israel and Hamas on October 7, 2023. …
Asia FX weak, dollar strong amid bets on smaller US interest rate cut
Investing.com– Most Asian currencies retreated on Monday with the Japanese yen nursing steep losses, while the dollar steadied from a…
Dollar holds gains made on US jobs data and Middle East flare-up
By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen fell to its lowest in nearly two months and other major currencies too…
Japan’s top FX diplomat warns against speculative moves as yen falls
By Makiko Yamazaki and Takaya Yamaguchi TOKYO (Reuters) -Japan’s top currency diplomat on Monday issued a warning against speculative moves…
Is US election risk already overpriced, BOA asks
Investing.com – US election risk premia are becoming richly priced in the foreign exchange markets, according to Bank of America…
Exclusive-India cenbank asks banks to avoid large shorts as rupee nears record low, sources say
By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has asked state-run and private banks…
Dollar stable after payrolls gains; euro slips on weak data
Investing.com – The U.S. dollar stabilized Monday, holding onto the gains seen after Friday’s strong jobs report at the start…
US hard-landing narrative could come back to life again: Macquarie
Investing.com — According to Macquarie analysts, while the strong September employment report has revived the “American exceptionalism” narrative, the possibility…