Dollar edges higher; Trump’s speech at Davos in spotlight
Investing.com – The US dollar lifted slightly Thursday, but remained in a tight trading range ahead of a speech by…
PBoC adjusts policy amid rising USD demand
The People’s Bank of China (PBoC) responded to increasing demand for the US dollar by adjusting its cross-border macroprudential parameter.…
BofA opens long USD/KRW trade amid tensions
Bank of America (BofA) released a report expressing concerns over the sustainability of the Korean Won’s recent performance, predicting that…
Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds have turned optimistic about European companies that sell things people want but…
US weekly jobless claims increase marginally
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting that solid…
Freeport-McMoRan beats fourth-quarter profit estimates
(Reuters) -Miner Freeport-McMoRan (NYSE:FCX) beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in…
Mexico annual inflation hits lowest level in nearly four years
(Reuters) – Mexico’s annual inflation rate slowed to its lowest level in almost four years in the first half of…
EU Commission investigates depth of EU safety net for stablecoin holders
By Valentina Za MILAN (Reuters) – The European Commission is investigating the extent to which EU rules on crypto assets…
ECB seen slowing projected pace of interest rate cuts from Q3 – Deutsche Bank
Investing.com – The European Central Bank may begin to slow the pace of anticipated interest rate cuts this year in the…
Leading German chancellor candidate Merz vows more assertive global role
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become the next chancellor,…