US factory production up slightly ahead of auto strike; inflation slowing
Manufacturing production rises 0.1% in AugustImport prices increase 0.5%; down 3.0% year-on-yearExport prices jump 1.3%; decline 5.5% year-on-yearWASHINGTON, Sept 15...
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Asian currencies slip as China data disappoints
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Russia central bank head not ruling out rate hike, against tighter currency controls
National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov//File Photo Acquire Licensing...
Morning Bid: Dollar rockets as Powell trumps AI
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
Morning Bid: ‘Flash’ business funk and AI buzz
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
Morning Bid: Skyrocketing yields in the spotlight
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsA...
Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low
Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON/LONDON, Aug 15 (Reuters) - The dollar index was lower after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on Tuesday after China's central bank unexpectedly cut key policy rates.U.S. retail sales jumped 0.7% last month, the Commerce Department said, demonstrating that demand has remained resilient despite the Federal Reserve's aggressive interest rate hikes to tame inflation, thanks to strong wage gains from...
Russian central bank jacks up rates to 12% to support battered rouble
Russian central bank hikes rates by 350 bp to 12%Bank holds extraordinary meeting after Kremlin rebukeRouble had plunged past 100...
Tumbling rouble claws back ground as central bank to meet
Central bank to meet on rates on TuesdayRouble recovers past 98 per dollarEarlier slid past 101 to weakest in 17...
Morning Bid: Germany to kick off CPI mega-run
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 1, 2023. REUTERS/StaffA...
