By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada…
Yen gains before Powell speech, Aussie jumps
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve…
Oil up on China COVID hopes, but OPEC+ output concerns offset gains
By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on expectations for a loosening of China’s strict COVID-19 controls,…
Fiscal developments affect Brazil’s central bank decisions through balance of risks, says director
BRASILIA (Reuters) – Brazilian central bank director Diogo Guillen said on Tuesday that markets are more sensitive to fiscal news…
Canadian regulators to review sale of HSBC’s Canada business to RBC
By Divya Rajagopal and Kanishka Singh TORONTO (Reuters) -Canadian regulators will review the sale of HSBC’s business in Canada to…
IMF and WTO leaders warn don’t ‘pull the plug’ on global trade
By Andreas Rinke (Reuters) – The leaders of the International Monetary Fund and the World Trade Organization on Tuesday warned…
Three Fed bank boards wanted smaller discount rate hike
(Reuters) – Directors at three of the Federal Reserve’s 12 regional banks supported a smaller increase in a key emergency…
U.S. consumer confidence at four-month low; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a four-month low in November, with households less keen…
Recession may force Fed rate cut in 2023, sending Treasury yields lower -BofA
By Davide Barbuscia NEW YORK (Reuters) – Benchmark U.S. Treasury 10-year yields will fall next year as the Federal Reserve…
Bank of Russia open to relaxing curbs on non-residents transactions if sanctions eased
MOSCOW (Reuters) – Russia is open to relaxing restrictions on transactions by so-called unfriendly non-residents in exchange for the un-freezing…