Market drill-down · 12 stories · 30 days
Major and emerging-market currencies, pegs and devaluations.
Currencies on Markets+ ↗<p>Jens Eskelund says Europe may need to allow its companies to become part of Chinese firms’ supply chains</p><p>Europe’s manufacturers could give up on attempting to compete with their Chinese counterparts by the end of the decade if current trends continue amid fears over mass job losses, the head of the European Union Chamber of Commerce in China has warned.</p><p>In a case of “if you can’t beat them, join them”, Jens Eskelund said European companies operating in China were now thinking “Made in China for China” could be replaced by a philosophy of “Made in China for the world”.</p> <a…
<p>The world has moved on since 2020 – in uncertain times, closer ties to Europe are the best way to peace and security</p><ul><li><p>Chris Ward is Labour MP for Brighton Kemptown and Peacehaven</p></li></ul><p>If offering the public some “breathing space” in the cost of living crisis was the mantra of last month’s budget, the political space it created to revisit our relationship with the European Union may prove more defining.</p><p>I’ve spent what feels like much of the past decade immersed in the Brexit debate – first as an adviser, then helping to craft the red lines that shaped…
After a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly awaiting the upcoming consumer price index data, a key factor for Federal Reserve rate considerations.
PNC Bank is piloting USDC payment acceptance for corporate and institutional clients through its expanded partnership with Coinbase.
Kuramo has launched the Wholesale Impact Investment Fund (WIIF), a naira-denominated fund-of-funds targeting $1 billion for Nigerian small businesses.
The Indian rupee snapped its six-session winning streak on Monday, November 9, as dollar purchases by state-run banks outweighed positive momentum. The currency touched a six-month high of 93.69 per dollar before closing slightly lower at 93.9275.
The Reserve Bank of India currently has a net short position of USD 239 billion in the forward market, which may hinder the rupee's ability to strengthen, even as foreign portfolio investor inflows improve. This influx could potentially be managed by the Reserve Bank, capping any gains for the rupee against the US dollar.
The Office of the Comptroller of the Currency elevated the biggest U.S. exchange's trust status from conditional to a full-fledged charter, the company said.
Indian government bonds exhibited limited movement today as oil prices showed signs of stabilization. Investors are remaining cautious, especially with inflation data from both the United States and India on the horizon.
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty. The outlook for the final quarter is also challenging, the Hong Kong Monetary Authority (HKMA) said on Friday.
The euro zone showed surprising resilience, but weak productivity, industrial competitiveness challenges and demographic pressures remain, analysts said.
Aviva Investors adds a tokenized share class to its £22 billion Sterling Liquidity Fund on the XRP Ledger, backed by a £50 million commitment.
Go deeper
Need more data on currencies?
Unlocking opens the analyst read, the 12-month timeline of researched events with market reactions, and the read-across to prices for 30 days.
50 credits ($5.00) · or included in the All Markets add-on ($30 a month) and in Executive
Information only, compiled from public sources with AI assistance. Not investment, legal, tax or regulatory advice, and not a recommendation to buy or sell anything. Scenarios describe what could happen and what has happened before; they are not forecasts. Prices are delayed or end-of-day. Always check the original source.
Counts of researched events in the timeline below. Context for what tends to recur, not a forecast.
