Explore

Nordic central banks join global fight against war-led inflation

Nordic central banks join global fight against war-led inflation

By Francesco Canepa Sept 24 (Reuters) - Norway's central bank raised interest rates on Thursday and Sweden's signalled it was likely to follow suit before the end of the year, as policymakers around the world grapple with rising inflation from a war-driven energy shock.

Europe's economy surprisingly resilient amid war-driven energy shock, surveys show

Europe's economy surprisingly resilient amid war-driven energy shock, surveys show

By Jonathan Cable LONDON, Sept 23 (Reuters) - Europe's economy is showing unexpected signs of health even as conflicts in the Middle East and Ukraine drive up energy costs for firms and households, key business surveys showed on Wednesday.

Dollar hits fresh 2-month peak, Swiss franc falls, Norwegian crown rises

Dollar hits fresh 2-month peak, Swiss franc falls, Norwegian crown rises

By Stefano Rebaudo Sept 24 (Reuters) - The dollar hit a fresh- two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.

Norway central bank raises interest rate, may hike again

Norway central bank raises interest rate, may hike again

OSLO, Sept 24 (Reuters) - Norway's central bank raised its policy interest rate by 25 basis points to 4.50% on Thursday, seeking to contain inflation, as expected by a narrow majority of analysts in a Reuters poll, and said it may hike again.

Dollar at 2-month highs as Fed outlook 'dominant'

Dollar at 2-month highs as Fed outlook 'dominant'

By Amanda Cooper LONDON, Sept 23 (Reuters) - The dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.

Dollar hovers near 2-month peak, Swiss Franc falls, Norwegian crown rises

Dollar hovers near 2-month peak, Swiss Franc falls, Norwegian crown rises

By Stefano Rebaudo Sept 24 (Reuters) - The dollar steadied near a two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.

Morning Bid: Bonds bomb

Morning Bid: Bonds bomb

By Mike Dolan Sept 24 (Reuters) - Just as some investors were wondering whether it was time to return to battered bond markets, Wednesday's fresh rout offered a clear answer: not yet.

Asian shares trade mixed as investors weigh oil swings and US bond yields

Asian shares trade mixed as investors weigh oil swings and US bond yields

Asian shares are trading mixed, as investors tried to digest the recent swings in oil prices and the U.S. bond market

Yen slips as intervention threat persists, dollar steady

Yen slips as intervention threat persists, dollar steady

By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON, Sept 21 (Reuters) - The Japanese yen weakened on Monday after volatility late last week put traders on alert for possible currency intervention, while a series of rate hikes and hawkish signals from central banks helped to strengthen the dollar

Yen weaker as focus on possible intervention increases

Yen weaker as focus on possible intervention increases

By Chuck Mikolajczak NEW YORK, Sept 21 (Reuters) - The Japanese yen weakened on Monday and was on pace to soften for the fifth time in six sessions as investors were attuned to any signs of a possible currency intervention, while the dollar edged higher as the market gauged the path of U.S. rate

Morning Bid: Summiteering

Morning Bid: Summiteering

By Mike Dolan Sept 21 (Reuters) - After a turbulent week of central bank tightening, markets now turn to diplomacy - or at least top-level summits - as world leaders gather at the United Nations General Assembly in New York this week.

Yen eases as potential for intervention eyed

Yen eases as potential for intervention eyed

By Chuck Mikolajczak NEW YORK, Sept 21 (Reuters) - The Japanese yen retreated on Monday and was set for its fifth decline in six sessions as investors were attuned to any signs of a possible currency intervention, while the dollar gained as the market assessed the path of US rate hikes.