Currency trading increased in Japan and Australia in April from six months earlier, led by a surge in forwards, according to the foreign exchange committees in the two nations.
World shares held near nine-month highs on Monday after G20 finance chiefs vowed over the weekend to use “all policy tools” to lift global growth.
China expanded efforts to steady the currency markets, with the central bank adding verbal support to the exchange rate after a week that saw it slip past a key level against the dollar.
- China to Stick to Stable Yuan Against Currency Basket, Says Central Bank Chief – South China Morning Post
Fitch Ratings on Friday affirmed the long-term issuer default rating of Russia in national currency, keeping it at the last level of investment rating, “BBB-“.
The Brexit fallout has already led to one burst of volatility in currency markets. There will be more as the situation evolves. India is significantly, but not frighteningly, exposed to such volatility
Aiming to limit the economic fallout from this month’s failed coup, Turkish Prime Minister Binali Yildirim ruled out early elections and said the government plans a multibillion-dollar infrastructure fund to keep growth on track.
A Syrian man has killed himself and injured 12 others after setting off an explosive device outside a music festival in the German town of Ansbach.
The European Union’s central crisis is one of legitimacy. The EU is primarily a system of legally binding rules agreed among governments and enforced by a supranational court. But what happens when a sizable number of citizens decide EU rules are harmful to their interests—or worse, prevent national governments from fulfilling their duty to protect their citizens?
Central banks from Washington to Tokyo take center stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the EU.
Banca Monte dei Paschi di Siena SpA dropped the most in three weeks in Milan amid concerns it may need additional capital and talks between Italy and the European Commission for a government backstop haven’t produced an agreement yet.
Moscow Exchange has announced a number of new appointments at its executive board and exchange council.
British fund manager Aberdeen Asset Management (ADN.L) posted a third quarter rise in assets under management (AuM) on Monday, boosted by gains in the value of its investments and positive currency moves after Britain’s vote to leave the European Union.
Verizon Communications Inc (VZ.N) will announce an agreement on Monday to buy Yahoo Inc (YHOO.O) for about $5 billion, according to a person familiar with the matter.
The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European stocks rose, while oil held losses after sliding to the lowest close since May.
Emerging-market currencies dropped for a second day against the dollar on speculation Federal Reserve policy makers meeting this week will signal they are still on course to raise interest rates.
The stars are finally aligning for Aussie bears.
The Hungarian forint firmed 0.2 percent early on Monday, inching towards its 200-day moving average before Tuesday’s central bank rate meeting.