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☆ City stunned by Toney, Spurs comeback sinks Leeds, Lampard under more pressure
▼ + stars: | 2022-11-12 | by ( Richard Martin | ) www.reuters.com time to read: +3 min

Liverpool beat Southampton 3-1 as Darwin Nunez scored his first double for the team and Roberto Firmino also got on the scoresheet. Leicester coach Brendan Rodgers sought to calm fears about the midfielder's fitness, stating he had taken him off as a precautionary measure. For this reason I think we showed great character, great will to not give up and to believe," said Conte. Leeds coach Jesse Marsch added: "I'm gutted, I feel like someone has ripped my heart out." Newcastle United were in action against Chelsea later on Saturday while league leaders Arsenal visit Wolverhampton Wanderers with the chance to increase their advantage over City to five points.

☆ Asia stocks surge as cooling inflation feeds hopes Fed will ease up
▼ + stars: | 2022-11-11 | by ( Ankur Banerjee | ) www.reuters.com time to read: +2 min

After four consecutive 75 basis-point interest rate hikes to tame decades-high inflation, the case is now building for the Fed to moderate its aggressive stance, said Rodrigo Catril, senior currency strategist at National Australia Bank in Sydney. Financial markets have now priced in an 85% likelihood of a smaller, 50 basis-point interest rate hike at the conclusion of next month's FOMC policy meeting, according to CME's Fedwatch tool. Mainland China stocks (.SSEC) opened 2.1% higher, while Hong Kong shares (.HSI) shot up 6.5% in early trade. In the currency market, the U.S. dollar index slumped more than 2% overnight to 108.100, the most in over a decade. Meanwhile, oil prices rose on Friday as fears of a U.S. recession eased but they were on track for weekly declines of more than 4% due to COVID-related worries in China.

☆ Injured Dybala named in Argentina's 26-man World Cup squad
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +3 min

Nov 11 (Reuters) - Injured forward Paulo Dybala made the cut as Argentina coach Lionel Scaloni named on Friday his 26-man squad for the Nov. 20-Dec. 18 World Cup in Qatar, where Lionel Messi will lead the side. Dybala has not played for his club AS Roma since early October but has been named in the squad as Argentina hope he regains his fitness before their World Cup campaign begins on Nov. 22 against Group C opponents Saudi Arabia. Messi, 35, will be playing in his fifth World Cup and will be accompanied by fellow veterans Angel Di Maria and Nicolas Otamendi along with fresh faces who helped Argentina win the Copa America title last year. Dreams do come true, let's go Argentina," Paredes, who did not make the final cut for the 2018 World Cup, said on Instagram. Goalkeeper Emiliano Martinez, one of Argentina's heroes at the Copa America last year, will also be making his World Cup debut this year.

☆ Chile central bank likely to start easing cycle in April - JPMorgan
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Nov 10 (Reuters) - The Chilean central bank will likely begin its easing cycle in April as inflation begins to slow, JPMorgan said in a research note. "Yet, we attach more probability to the easing cycle starting in (the second quarter)," the note said. "For the easing cycle to start in January, we would need either a more disinflationary core inflation path, and/or a more abrupt deceleration in global and domestic economic activity than what we currently forecast in our central scenario." "The nominal policy rate is thus expected at 9.5%, 8.50% and 7% by June, September and December 2023, respectively." Chile is expected to keep its benchmark interest rate at 11.25% in its December meeting according to a central bank poll of analysts.

☆ Emerging markets see Oct portfolio inflows but investors rethink China -IIF
▼ + stars: | 2022-11-08 | by ( Rodrigo Campos | ) www.reuters.com time to read: +2 min

(Reuters) - Emerging markets enjoyed in October their second strongest month of portfolio inflows this year, though China suffered another bout of outflows with investors rethinking their exposure to the country, the Institute of International Finance (IIF) said. REUTERS/Florence LoOverall, foreign investors added $9.2 billion to emerging market portfolios last month, with fixed income attracting $7.6 billion in the strongest monthly inflows this year. However, the breakdown showed emerging markets outside China attracted $18 billion. Money managers have increasingly launched emerging market or Asia investment products with no exposure to China to meet increasing demand for such strategies from global investors. The latest inflows failed to offset outflows suffered by emerging markets earlier in the year.

[1/3] U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus. The euro touched $1.003 in Asia trade, its highest in nearly two weeks, before sliding to trade down a touch straddling the $1 level. The Japanese yen hit a one-week high of 146.35 per dollar. COVID POLICYAnother factor that has weighed on the dollar in recent days was speculation that China might relax aspects of its dynamic zero COVID policy.

☆ Dollar catches footing ahead of U.S. midterms
▼ + stars: | 2022-11-08 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

[1/3] U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationSINGAPORE, Nov 8 (Reuters) - The dollar steadied during Asia trade on Tuesday after some of the momentum ebbed out of bets on China's reopening, and as traders looked ahead to U.S. midterm elections. Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus. Sterling , which surged on Monday, was 0.2% weaker at $1.1490, with focus there on fiscal update expected on Nov. 17. The Japanese yen hit a one-week high of 146.35 per dollar.

☆ China reopening hopes keep dollar on guard
▼ + stars: | 2022-11-08 | by ( Tom Westbrook | Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

[1/2] Banknotes of Chinese yuan and U.S. dollar are seen in this illustration picture taken September 29, 2022. It was firm at 7.2200 per dollar in offshore trade on Tuesday . The euro , linked via German exports to China's economy, regained parity on the dollar overnight and hovered at $1.0026. The New Zealand dollar climbed 0.2% to touch a seven-week high of $0.5951 in early Asia trade. But incremental adjustments have been enough to keep traders' hopes alive.

☆ Alanis Morissette explains bowing out of Rock Hall of Fame ceremony
▼ + stars: | 2022-11-08 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —“You Oughta Know” why Alanis Morissette didn’t perform at the Rock and Roll Hall of Fame induction ceremony over the weekend. The singer had been advertised to perform “You’re So Vain” with Olivia Rodrigo as a tribute to inductee Carly Simon. “There are some misinformed rumblings about my not performing at the Rock & Roll Hall of Fame induction ceremony this past weekend,” Morissette wrote in an Instagram story on Monday. “I tolerated it because nothing would stop me from connecting with those who I cared about and resonated with. I’ll continue to show up in those environments with bells on.”CNN has reached out to the Rock and Roll Hall of Fame for comment.

☆ China reopening hopes keep U.S. dollar on guard
▼ + stars: | 2022-11-08 | by ( ) www.cnbc.com time to read: +2 min

It was firm at 7.2200 per dollar in offshore trade on Tuesday. The euro , linked via German exports to China's economy, regained parity on the dollar overnight and hovered at $1.0026. The New Zealand dollar climbed 0.2% to touch a seven-week high of $0.5951 in early Asia trade. But incremental adjustments have been enough to keep traders' hopes alive. "This idea that maybe in 2023, we'll see a gradual reopening in China means that growth prospects in China should improve significantly, against a backdrop where most expect the U.S. economy to start slowing down."

☆ Eminem, Dolly Parton, Lionel Richie inducted into the Rock & Roll Hall of Fame
▼ + stars: | 2022-11-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Duran Duran stumbled but stayed sophisticated. The four acts found very different ways to celebrate on Saturday night, but all can now forever say they’re Rock & Roll Hall of Famers. “Rock & Roll is not a color,” he said. “One, I know, is that I’m a rapper and this is the Rock & Roll Hall of Fame.”He’s only the 10th hip-hop artist among well over 300 members of the Hall of Fame. “I‘ve been rockin’ rockin’ rockin’ rockin’ since the day I was born,” she sang, “and I’ll be rockin’ to the day I’m gone.”She closed the night leading an all-star jam of her fellow inductees on her country classic “Jolene.” Le Bon, Benatar and even Judas Priest singer Rob Halford took a verse.

☆ Haaland resumes normal service as City go top, Leeds win thriller
▼ + stars: | 2022-11-05 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

Leeds United backed up their stunning win over Liverpool last week when they stormed back from 3-1 down at home to Bournemouth to win 4-3 with Crysencio Summerville again the hero with the winning goal. Haaland had missed City's last two games with an injury and was deemed fit enough only for the bench against Fulham. He was sent into the fray just past the hour mark with City, despite being a man light, pushing for the winner. Almost immediately he had a headed goal ruled out for offside after a VAR check, but neither he, nor City, would be denied. Pascal Gross's fifth goal of the season then secured the win for Brighton to move them to sixth with 21 points.

☆ IMF staff recommends Turkey raise rates, boost central bank independence
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Nov 4 (Reuters) - Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. "To address (Turkey's) challenges, the mission recommended early policy rate hikes accompanied by moves to strengthen the central bank's independence," said the IMF in a press release. "Such moves would help reduce inflation more durably and allow reserve buffers to be rebuilt over time." The IMF staff statement comes after the mission visit to Istanbul and Ankara last month. Reporting by Rodrigo Campos in New York Editing by Karin Strohecker and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Yuan jumps, dollar pauses, sterling claws back some ground
▼ + stars: | 2022-11-04 | by ( Rae Wee | ) www.reuters.com time to read: +5 min

The offshore yuan jumped more than 1% in the Asia session to a one-week peak of 7.2441 per dollar, and last traded 7.2621. But traders said the most potent boost to the yuan came from speculation that China could relax anti-COVID restrictions,which have been hobbling economic activity. And as is typically the case, this type of 'risk on' move indicated by the yuan will have a magnetic attraction across Asia markets." The Australian dollar rose 0.86% to $0.6342, further buoyed by the positive sentiment on China, as the Aussie is often used as a liquid proxy for the yuan. DOLLAR DOMINANCEFed rate futures now point to a terminal rate of about 5.15% by mid-2023, after the Federal Reserve raised interest rates by three-quarters of a percentage point this week.

☆ Dollar eyes weekly gain; sterling wobbles on lower rate bets, bleak outlook
▼ + stars: | 2022-11-04 | by ( Rae Wee | Michael S. Derby | ) www.reuters.com time to read: +3 min

Against a basket of currencies, the U.S. dollar index fell 0.23% to 112.71, away from a near two-week peak of 113.15 hit overnight. Nonetheless, it was on track for a weekly gain of nearly 2% -- its largest since September. Fed rate futures now point to a terminal rate of about 5.15% by mid-2023, after the Federal Reserve raised interest rates by three-quarters of a percentage point this week. It was headed for a weekly loss of more than 3%, the largest since September's market turmoil triggered by an economic plan that alarmed investors. Reporting by Rae Wee; Editing by Kim Coghill and Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.

☆ Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook
▼ + stars: | 2022-11-04 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

It was headed for a weekly loss of nearly 4%, the largest since September's market turmoil triggered by an economic plan that alarmed investors. While the BoE raised interest rates by the most since 1989 on Thursday, it warned investors that the risk of Britain's longest recession in at least a century means borrowing costs are likely to rise less than they expect. "It's been sort of coming for some time that the Bank of England is a reluctant hiker ... in the current environment. Fed rate futures now point to a terminal rate of about 5.15% by June, with U.S. Treasury yields moving in step with the higher expectations. The two-year Treasury yield , which typically moves in step with interest rate expectations, last stood at 4.7243%, after hitting a 15-year peak of 4.745% the previous session.

☆ Klopp's Liverpool a 'good example' for Spurs, says Conte
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

Klopp also delivered a long-awaited Premier League title to Liverpool and achieved the domestic cup double last season. He has changed the face of Liverpool," Conte told reporters on Friday ahead of Sunday's game between the two sides. He needed four years to help Liverpool win again and for sure it shows it is important for the coach to have time. Many times people forgot there are teams who can lose two or three players," Conte said. The same for (Dejan) Kulusevski, he had half a training session with us," Conte added.

☆ U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
▼ + stars: | 2022-11-02 | by ( David Lawder | ) www.reuters.com time to read: +3 min

The IMF in its Oct. 11 World Economic Outlook had cut its U.S. growth forecast by 0.7 percentage point, based on the weak Q2 output earlier in the year. Along with other factors, such as rising food and energy costs prompted by Russia's war in Ukraine and tighter monetary policy, the U.S. reduction offset upside surprises in Europe, leaving the IMF's 2022 global growth forecast unchanged at 3.2%. Going forward into next year, the U.S. is slowing and that's never good for the global economy," Chalk said. "In addition to slowing, it's shifting away from goods, and that's sort of exacerbating that effect on the global economy." The IMF has forecast that U.S. growth will decline further to 1.0% in 2023, with global growth falling to 2.7% next year.

The video, which was posted to Twitter, shows a crowd of people, some carrying and others draped in the Brazilian flag, with many apparently performing a Nazi salute as the Brazilian national anthem plays. It’s unclear who posted the video and CNN has not been able to verify its authenticity. Nazi incitement is a crime in Brazil. Brazilian authorities will investigate the video. @CentralEleicoes/TwiiterA Brazilian Jewish organization, the Brazilian Israeli Confederation, released a statement condemning the image as “disgusting.”“Brazilian society cannot tolerate gestures like this.

☆ IMF backs Latam progressive taxes, fiscal discipline
▼ + stars: | 2022-11-02 | by ( Rodrigo Campos | ) www.reuters.com time to read: +2 min

For most of the region "the story there is actually they have pretty good fiscal and monetary frameworks," said Nigel Chalk, acting director of the Western Hemisphere Department at the IMF. "So it's more a question of letting the frameworks work and do their job as they were designed." The fund said last month tightening global financial conditions and high inflation clouded the outlook for Latam and Caribbean economies. Carbon taxes, which have been discussed across the region, are also on the IMF menu for increasing revenues. Reuters GraphicsReporting by Rodrigo Campos and David Lawder; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

[1/4] Supporters of Brazil's President Jair Bolsonaro hold a protest against President-elect Luiz Inacio Lula da Silva who won a third term following the presidential election run-off, at Urban Military Sector in Brasilia, Brazil, November 2, 2022. Bolsonaro has not officially acknowledged the result, though his cabinet has initiated a transition, with Lula set to take over the presidency on Jan. 1. Bolsonaro's supporters in Sao Paulo and Rio de Janeiro led festive rallies on Wednesday, carrying Brazil's yellow-and-green flag draped over their shoulders, blowing horns and chanting anti-Lula slogans. Lula, by contrast, was jailed in the 1970s for protesting against the military government. Reporting by Brian Ellsworth in Sao Paulo and Rodrigo Viga Gaier in Rio de Janeiro, additional reporting by Lisandra Paraguassu in Sao Paulo and Anthony Boadle in Brasilia, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil's Bolsonaro urges protesters to lift road blockades
▼ + stars: | 2022-11-02 | by ( Ana Mano | ) www.reuters.com time to read: +3 min

SAO PAULO, Nov 2 (Reuters) - Brazilian President Jair Bolsonaro for the first time on Wednesday asked protesters blocking roads nationwide to lift blockades as demonstrations are restricting people's right to come and go and bringing losses to the economy. In a video posted on social media, Bolsonaro said he understood people's frustration at the result of the election. The president said blocking roads make the ongoing protests illegitimate. Bolsonaro added the Federal Highway Police (PRF) had mobilized to help dispel protesters and clear roads. In remarks on Tuesday, the Brazilian president said the protests resulted from "indignation and a sense of injustice" over the vote.

☆ Dollar eases on improved risk sentiment before Fed; Aussie pares gains after RBA
▼ + stars: | 2022-11-01 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

"Our general sense is that the dollar probably has peaked, but that doesn't necessarily mean it's coming down." The Aussie gained 0.3% to $0.6416, but was off earlier highs after the RBA opted for another 25-bp hike. The Fed is widely expected to raise its benchmark rate by 75 bps on Wednesday, its fourth such increase in a row. But for the December meeting, Fed funds futures are split on the odds of a 75- or 50-bps increase. read moreReporting by Kevin Buckland; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.

☆ Dollar retreats amid better risk sentiment ahead of Fed; Aussie rallies before RBA
▼ + stars: | 2022-11-01 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, even as a Reserve Bank of Australia policy decision loomed. "Our general sense is that the dollar probably has peaked, but that doesn't necessarily mean it's coming down." But for the December meeting, Fed funds futures are split on the odds of a 75- or 50-bps increase. For the RBA, another 25 basis point hike is fully priced for 0330 GMT, but markets also lay better than 1-in-4 odds for a half point increase. read moreThe Bank of England is likely to deliver a 75-basis point hike on Thursday.

☆ Dollar retreats amid better risk sentiment ahead of Fed; Aussie rallies
▼ + stars: | 2022-11-01 | by ( ) www.cnbc.com time to read: +2 min

The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, even as a Reserve Bank of Australia policy decision loomed. "Our general sense is that the dollar probably has peaked, but that doesn't necessarily mean it's coming down." The Fed is widely expected to raise its benchmark overnight interest rate by 75 bps on Wednesday, its fourth such increase in a row. But for the December meeting, Fed funds futures are split on the odds of a 75- or 50-bps increase. Against the yen , the greenback weakened 0.26% to 148.35.

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