Explainer-How would a U.S. bitcoin strategic reserve work?
By Gertrude Chavez-Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) - Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated...
Morning Bid: Political jitters ripple ahead of cenbank fest
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian market sentiment is likely to remain subdued on Tuesday following the release of mixed Chinese...
Banxico to cut by 25 bps- analyst
Bank of America projects that the Bank of Mexico (Banxico) would reduce its policy rate by 25 basis points, bringing it down to 10.00% at the upcoming meeting on December 19. The...
US congressional negotiators aim to fund government through March 14, source says
WASHINGTON (Reuters) - Republican and Democratic negotiators in the U.S. Congress are closing in on a deal for a stopgap bill to fund the government through March 14, averting a...
Bank of Canada: world is now more prone to shocks than we'd like
By David Ljunggren OTTAWA, Dec 16 (Reuters) - Bank of Canada Governor Tiff Macklem on Monday said the world was now more prone to economic shocks and the central bank therefore...
Goldman Sachs expects continued ECB rate cuts with policy shift
In a recent assessment of the European Central Bank's (ECB) monetary policy, Goldman Sachs provided insights into the central bank's future interest rate decisions. The analysis...
Dollar up, bonds down on 'hawkish cut' bets but BTIG warns of possible reversal
-- The dollar has strengthened, while bonds and small-cap stocks have weakened amid expectations the Federal Reserve could deliver a "hawkish cut," but BTIG flags...
ECB expects more rate cuts as inflation fears abate
FRANKFURT (Reuters) - The European Central Bank expects to cut interest rates further if inflation settles at its 2% target as it expects, some of the ECB's top brass said on...
Canada finance minister quits after clash with Trudeau, deals blow to government
By David Ljunggren and Ismail Shakil OTTAWA (Reuters) -Canada's Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues...
Canada promised Trump a border crackdown. Easier said than done
By Anna Mehler Paperny SAINT-GEORGES-DE-CLARENCEVILLE (Reuters) - Six Lego-like concrete blocks mark the end of a rural road at the U.S.-Canada border. The police vehicle, revving...