foreign-exchange
Top StoriesBritain Says It Is Committed to Leading a NATO Task Force in 2024
Top StoriesDollar Jumps, Euro Dips Before Fed Minutes
Top StoriesDollar Hits One-Week High vs Yen, Drops Against Pound as UK Markets Reopen
Top StoriesRussian Rouble Slumps Again as Volatile Year-End Trade Continues
Global Shares Muted as Investors Fret Over China Reopening
Date: December 28, 2022
By Naomi Rovnick and Ankur Banerjee SINGAPORE, LONDON (Reuters) -Global equities traded sideways on Wednesday after enthusiasm about China lifting COVID restrictions was tempered by rising infections and investors’ gloomy outlook for Western economies. MSCI’s broadest index of global stocks was flat as investors stayed on the sidelines at the end of a brutal year...
Stocks Advance, U.S. Dollar Retreats as China Drops Quarantine Rule
Date: December 27, 2022
By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop its quarantine requirements for inbound visitors, further easing three-year border controls aimed at curbing COVID-19. China will stop requiring inbound travellers to go into quarantine starting from Jan. 8, the National Health...
Volatile Rouble Falls Again, Cutting Short Slight Recovery
Date: December 23, 2022
MOSCOW (Reuters) – The Russian rouble weakened in early trade on Friday, cutting short a slight recovery in the previous session as fears over oil and gas sanctions unnerved markets, though it got some support from a month-end tax period. At 0706 GMT, the rouble was 0.8% weaker against the dollar at 69.74, slipping back...
Sterling Falls to Lowest Since mid-November Versus Euro After Data
Date: December 22, 2022
By Stefano Rebaudo (Reuters) – Sterling fell to its lowest since mid-November against the euro and rose against a weakening dollar after data showed the British economy contracted slightly more than expected. Economic output fell by 0.3% during the July-September quarter, compared with a previous estimate of 0.2%. Analysts see mainly downside risks for the...
First Foreign Covid Vaccines Head to China From Germany
Date: December 21, 2022
By Thomas Escritt and Alexander Ratz BERLIN (Reuters) -Berlin has sent its first batch of BioNTech COVID-19 vaccines to China to be administered initially to German expatriates, a German government spokesperson said on Wednesday, the first foreign coronavirus vaccine to be delivered to the country. No details were available on the timing and size of...
Moscow Exchange Says 2022 Trading Volumes Surpassed $14.4 Trillion
Date: December 20, 2022
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to enhanced repo operations turnover. “The current year has not been easy. Markets faced unprecedented challenges,” said Yuri Denisov, head of MOEX Group, which...