By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Japanese yen jumps as traders suspect intervention
By Leika Kihara, Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss TOKYO/LONDON/NEW YORK (Reuters) – Japanese authorities likely intervened in markets to…
U.S. yields slide from multi-year highs on hopes of Fed pivot
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after…
IMF, Malawi reach staff deal on $88 million emergency financing
JOHANNESBURG (Reuters) -The International Monetary Fund said on Friday that it had reached a staff-level agreement with Malawi for up…
Fed’s Evans: need to get policy rate to a bit above 4.5%, then hold
(Reuters) – Chicago Federal Reserve Bank President Charles Evans on Friday repeated his view that the U.S. central bank ought…
Dollar sinks vs yen, BOJ intervention suspected ahead of weekend
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar tumbled against the yen on Friday, logging its biggest daily…
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL (Reuters) – Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday,…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming…
Gold jumps as dollar weakens on Fed rate-hike uncertainty
By Seher Dareen (Reuters) – Gold prices were on track to gain for the week, rising more than 1% on…
Fed’s rate debate shifts to how, and when, to slow down
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, set to approve another large interest rate increase early next month,…