March 25 Reuters South Africas rand pared early gains on Thursday after the central bank kept interest rates unchanged, while a stronger dollar put an index of emerging market currencies on track for its longest losing streak this year. The rand was up 0.2 as the South African Reserve Bank SARB kept its key lending […]

MOSCOW, March 25 Reuters The Russian rouble extended gains versus the U.S. dollar on Thursday as local tax payments helped it recover from its lowest point so far this year, a level hit in the previous session due to the prospect of new U.S. sanctions. Kremlin spokesman Dmitry Peskov said on Thursday he disagreed with […]

The final two phases of Uncleared Margin Rules (UMR) pose unique challenges to trading desks.

LONDON, March 25 Reuters Sterling steadied against the dollar and euro on Thursday after two consecutive days of losses prompted by fears that the European Union might ban vaccine exports to Britain, which relies on them for its inoculation campaign. The European Commission, which oversees trade policy for the 27 EU member states, set out […]

BERLIN, March 25 Reuters Shares of European fashion brands Adidas, Inditex and HM fell on Thursday as they faced a storm of criticism on social media in China over comments they have previously made about Xinjiang. Chinese state media singled out HM on Wednesday for a statement last year in which the Swedish retailer was […]

Rates as of 0500 GMT Market Recap Yesterday was mean reversion day as the market largely reversed Tuesdays movements. JPY which had been the 1 gainer on Tuesday was the 1 loser, while the commodity currencies rebounded although NZD, the biggest loser for two days straight, was not the biggest winner. That was CAD, which […]

Londons FTSE 100 was flat on Thursday as weakness in mining and energy stocks countered gains in defensive sectors such as consumer staples and utilities, while Cineworld dropped after reporting an annual loss. The bluechip FTSE 100 index was unchanged, with miners including Rio Tinto, Anglo American and BHP being the biggest drags. Consumer staples […]

Shares in duallisted Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards. The move by the Securities and Exchange Commission SEC adds to the unprecedented regulatory crackdown in China on domestic […]

Japanese shares closed higher on Thursday as investors scooped up beatendown cyclical stocks, although gains were capped by technology shares that tracked Nasdaq lower. The Nikkei 225 Index ended 1.14 higher at 28,729.88, ending a fourday losing streak, while the broader Topix jumped 1.4 to close at 1,955.55 after falling in three straight sessions. There […]

The dollar hit a fresh fourmonth high against the euro on Thursday as the U.S. pandemic response continued to outpace Europes, which has been hobbled by extended lockdowns and delayed vaccine rollouts. The safehaven greenback held on to most of a broad twoday advance, which has been fuelled by worries ranging from Europes third COVID19 […]