LONDON, Dec 5 (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said. The BIS, dubbed the central bank to the world’s central banks, also said in its latest quarterly report that 2022’s market upheaval ...

NEW YORK, Dec 6 (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index (.MIEM00000CUS) is up nearly 5% from its lows and notched its best monthly gain in about ...

https://tmsnrt.rs/2zpUAr4 China shares push higher, dollar slips More Chinese cities ease coronavirus controls Cap on Russia oil comes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restrictions in China would eventually brighten the outlook for global growth and commodity demand, ...

BENGALURU, Dec 5 (Reuters) – Indian shares are set to track Asian equities higher on Monday, as China’s unwinding of pandemic restrictions raised hopes of an improved global growth outlook. India’s NSE stock futures listed on the Singapore exchange were up 0.24% at 18,870.50 as of 07:25 a.m IST. The blue-chip indexes had closed lower ...

LAGOS, Dec 4 (Reuters) – The anti-establishment candidate for Nigeria’s presidency will reform its system of costly subsidies and unify the local naira currency’s multiple exchange rates if elected in February, his manifesto released on Sunday showed. Nigeria operates multiple exchange rates that allow some companies to get dollars cheaply while the majority of forex ...

No discussions about Russian price cap – delegates Oil prices have come under pressure from weak economy Next meetings to take place Feb. 1 and June 3-4 LONDON/DUBAI, Dec 4 (Reuters) – OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact ...

NEW YORK, Dec 2 (Reuters) – Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold as potential havens during a recession, as worries grow that the Federal Reserve’s interest rate increases will bring on an economic downturn next year. Gloomy year-ahead forecasts from Wall Street banks have piled up in ...

Dec 2 (Reuters) – Persistently massive inflows of cash into a key Federal Reserve facility are in large part being driven by a bank liquidity regulation change from last year, a report from the New York Fed said Friday. The Fed’s facility offers what are called reverse repos, which allow eligible firms to park cash ...

Markets cautious ahead of U.S. non-farm payrolls Investors look for more signs of China reopening U.S. yields fall 3rd straight day Euro at 5-month high against dollar; yen at 3-month high LONDON, Dec 2 (Reuters) – World stocks stalled, Treasuries held on to price gains and the dollar was nursing heavy losses on Friday ahead ...

DUBLIN, Dec 2 (Reuters) – Ireland’s domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment driven growth of 4.7% in the second quarter of the year, data from the Central Statistics Office showed on Friday. Modified domestic demand (MDD), which strips out some of the ways Ireland’s large multinationals distorts ...