Dollar slips from a fourmonth high China39;s central bank pauses gold purchases for sixth straight month Fed rate decision due at 1900 GMT Nov 7 Reuters Gold prices rose on Thursday but traded near a threeweek low, as market participants awaited an expected rate cut decision by the U.S. Federal Reserve later in the day. […]

Dollar39;s rise could hurt U.S. companies and emerging markets Interest rate trajectory crucial for dollar39;s future Tariffs may harm U.S. economy, reducing dollar strength NEW YORK, Nov 7 Reuters Donald Trumps imminent return to the White House is putting a spotlight on the U.S. dollar, which could have farreaching implications for everything from domestic manufacturers to emerging […]

Nov 7 Reuters MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country39;s weightage on the index to 20, further narrowing the gap with China. MSCI said there would be 156 Indian stocks in the index, but that is only onefourth of […]

MUMBAI, Nov 7 Reuters The Indian rupee declined to a lifetime low on Thursday in the wake of expectations that Donald Trump39;s victory is likely to boost the dollar in the coming months. The rupee dipped to 84.2950, inching past the previous alltime low of 84.28 hit on Wednesday. Trump39;s policies of tax cuts and […]

Nov 7 Reuters Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weakerthanexpected corporate earnings, overvalued stocks and rising bond yields. According to LSEG data, foreigners offloaded a robust 15.38 billion worth of stocks in India, South Korea, Thailand, Taiwan, Indonesia, […]

JOHANNESBURG, Nov 7 Reuters South Africa39;s rand recouped some losses on Thursday, a day after emerging market assets took a hit following Donald Trump39;s win in the U.S. election. At 0820 GMT, the rand traded at 17.5175 against the dollar , over 0.7 stronger than its previous close. The local currency fell about 2.5 against […]

EURUSD EURUSD is trying to recover from the heaviest daily loss in more than four years, trading higher today at 1.0748. USD index rallied yesterday after Trump strongly won the US presidential election, USD index traded at the highest in four months, approaching important technical resistance levels. Retail sales from EZ will be due later […]

LONDON, Nov 7 Reuters The dollar held near fourmonth highs on Thursday, having scored its biggest oneday rally in two years following Donald Trump39;s win in the U.S. presidential election, and as investors prepped for several central bank decisions including the Federal Reserve. Sterling rallied ahead of a Bank of England meeting, while the Swedish and […]

Darin Friedrichs, co-founder of Sitonia Consulting, speaks with Bloomberg Intelligence’s John Lee and Bloomberg News’ Asia economics correspondent Katia Dmitrieva about how climate change is reshaping agriculture.