Forex

German bond yields edge lower as inflation angst subsides

German bond yields edge lower as inflation angst subsides

By Stefano Rebaudo Oct 3 (Reuters) - Germany's government bond yields edged lower on Monday, with gilts out of the spotlight, amid signals that the European Central Bank (ECB) might be on top of surging inflation. Gilt 2-year yield was down 9 basis points (bps) to 4.19% GB2YT=RR and the 10-year down 2 bps to 4.1%. GB10YT=RR , after British Prime Minister Liz Truss reversed plans to cut the highest rate of income tax.

Euro zone yields slide as expectations for less tightening grow

Euro zone yields slide as expectations for less tightening grow

(Updates price action, move in U.S. Treasuries) By Stefano Rebaudo Oct 3 (Reuters) - Euro zone government bond yields fell sharply on Monday on expectations that the European Central Bank (ECB) might be on top of surging inflation and signs of weakening data tempered interest rate-hike bets. British government bond yields fell after British Prime Minister Liz Truss was forced to reverse course on a tax cut that rattled markets over the past week, while U.S.

Euro zone yields plunge on expectations for less tightening

Euro zone yields plunge on expectations for less tightening

By Stefano Rebaudo Oct 3 (Reuters) - Euro zone government bond yields fell sharply on Monday amid expectations that the European Central Bank (ECB) might be on top of surging inflation and keep a more cautious stance due to systemic risks. A sharp fall in U.S. borrowing costs provided further downside pressure on the euro area's yields, which extended their earlier modest fall.

Forint hits fresh record low, stocks under pressure

Forint hits fresh record low, stocks under pressure

PRAGUE, Oct 3 (Reuters) - Hungary's forint fell to a fresh record low on Monday, staying under pressure amid worries over EU funds and energy prices, although other central European currencies found slight relief after the U.S. dollar lost some of its recent strength. The Polish zloty EURPLN= was up 0.3% at 4.838 to the euro at 1010 GMT, while the Czech crown EURCZK= was steady 24.55 and Romania's leu EURRON= traded unchanged near 4.948. But stock markets fell as much as 2%, led by Warsaw .WIG20

India stocks, rupee, swaps, call at close

India stocks, rupee, swaps, call at close

(.) MUMBAI, Oct 3 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN fell 638.11 points, or 1.11%, to 56,788.81, while the broader NSE index .NSEI lost 208.65 points, or 1.22%, to 16,885.7, amid fears of a possible drop in global crude output rekindling worries of inflation intensifying in the world's third largest oil importing country. RUPEE: The Indian rupee INR=IN declined 0.65% to 81.8725, tumbling near record low levels amid frail risk sentiment, as oil importers ramped up dollar demand a

India stocks, rupee, swaps, call at close

India stocks, rupee, swaps, call at close

MUMBAI, Oct 3 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN fell 638.11 points, or 1.11%, to 56,788.81, while the broader NSE index .NSEI lost 208.65 points, or 1.22%, to 16,885.7, amid fears of a possible drop in global crude output rekindling worries of inflation intensifying in the world's third largest oil importing country. RUPEE: The Indian rupee INR=IN declined 0.65% to 81.8725, tumbling near record low levels amid frail risk sentiment, as oil importers ramped up dollar demand antic

Rupee slides towards record low as oil firms seek dollars

Rupee slides towards record low as oil firms seek dollars

By Anushka Trivedi MUMBAI, Oct 3 (Reuters) - The Indian rupee tumbled towards record lows on Monday amid frail risk sentiment and as oil importers ramped up dollar demand expecting a jump in crude prices, with traders adding that the central bank tried to stem the local currency's losses. The partially convertible rupee INR=IN declined 0.65% to 81.8725, falling in line with its Asian peers.

Turkey probes alleged stock market irregularities, eight held -Anadolu

Turkey probes alleged stock market irregularities, eight held -Anadolu

ISTANBUL, Oct 3 (Reuters) - Turkish prosecutors launched an investigation into alleged organised irregularities in stock market transactions and detained eight people in connection with the probe, state-owned Anadolu agency reported. Banking shares on the Borsa Istanbul fell sharply in recent weeks, after surging more than 150% until mid-September from the beginning of the year.

Stocks slide as weak PMIs point to grim growth prospects

Stocks slide as weak PMIs point to grim growth prospects

By Susan Mathew Oct 3 (Reuters) - Emerging market stocks hit 2-1/2-year lows on the first day of the last quarter of the year, as grim manufacturing output globally worsened growth outlook, while Turkey's lira hit record lows on Monday after inflation climbed to a new 24-year high. Asian stocks .MIAPJ0000PUS slipped 0.9%, with trading thinned by market holidays in China and South Korea.

Ugandan shilling stable on subdued dollar demand

Ugandan shilling stable on subdued dollar demand

KAMPALA, Oct 3 (Reuters) - The Ugandan shilling UGX= was stable on Monday, with muted dollar demand from interbank players and merchandise importers, traders said. At 0902 GMT commercial banks quoted the shilling at 3,845/3,855, the same level as Friday's close. UGX Spot Rate..... UGX= Ugandan Shilling Money Guide.... UGX/1 Calculated Cross Rates..........

Sterling gains on tax cut U-turn, yen weakens past 145 per dollar

Sterling gains on tax cut U-turn, yen weakens past 145 per dollar

By Rae Wee and Alun John SINGAPORE/LONDON, Oct 3 (Reuters) - Sterling rose on Monday after Britain reversed a plan to cut the highest rate of income tax while the yen weakened past 145 per dollar, near the level where Japanese authorities intervened last month. The pound GBP=D3 touched a one-week high of $1.128 after media reports of the u-turn, its highest level since Sept.

Russia has funds to support four regions being annexed - FinMin

Russia has funds to support four regions being annexed - FinMin

Oct 3 (Reuters) - Russia has funds to support four Ukrainian regions which President Vladimir Putin began annexing last week and these funds are part of the country's budget, Finance Minister Anton Siluanov told parliament. Russia declared the annexations of the regions after holding what it called referendums in occupied areas of Ukraine. Western governments and Kyiv said the votes breached international law and were coercive and non-representative.