China’s yuan recovers some ground in pre-holiday trade after one-day plunge

SHANGHAI (Reuters) – The Chinese yuan regained some ground on Friday after its biggest one-day weakness in more than seven months, although trading eased as the Lunar New Year holiday approached. After a sharp decline on Thursday, the People’s Bank of China set the daily midpoint of the yuan fixing at 6.3746 to the dollar … Read more

U.S. goods trade deficit hits record high; retail inventories surge

Stacks of merchandise are photographed during operations on Cyber ​​Monday at the Amazon Fulfillment Center in Robbinsville, New Jersey, US, November 29, 2021. REUTERS/Mike Segar/File Photo Register now to get free unlimited access to Reuters.com Register The goods trade deficit increased 3.0% in December Retail stocks rose 4.4%; Wholesale sales rise 2.1% New home sales … Read more

Asian shares, U.S. futures slide as traders fret about Ukraine, rate rises

An electronic price board is displayed inside a conference hall in Tokyo, Japan on November 1, 2021. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register HONG KONG (Jan. 25) (Reuters) – Asian stocks and U.S. futures fell on Tuesday after a tumultuous session on Wall Street, with investors worried about the … Read more

Dollar finds a footing as traders brace for hawkish Fed

Illustrative photo of the US dollar, Swiss franc, British pound and euro banknotes, taken in Warsaw on January 26, 2011. REUTERS/Kacper Pembel/File Photo Register now to get free unlimited access to Reuters.com Register The dollar maintains Friday’s jump in Asia Rebound extends to 114.45 yen; Federal Funds Futures Drops China offers surprise 10 basis points … Read more