Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "FX"


25 mentions found


Standard Chartered CEO Bill Winters met with the head of China's foreign exchange regulator on Monday, a month after the bank suspended new investments by its clients in the country into offshore products via a quota-based channel. "We have confidence in China's continued financial sector opening and economic transition," Winters said. "The inauguration of SCSCL will enhance Standard Chartered's ability to serve clients domestically and internationally, deepening and diversifying our capabilities in China". StanChart started hiring staff in China since 2023 as it geared up to launch the investment banking unit targeting niche bond deals, chairman of the unit said last year. Blackstone's Schwarzman held a meeting on Monday with the chief secretary of Communist Party of China, Cai Qi, a statement from China's Ministry of Foreign Affairs shows.
Persons: Bill Winters, Winters, Zhu Hexin, StanChart, Zhu, China's, StanChart's Winters, Noel Quinn, Blackstone's Schwarzman, Cai Qi, Cai Organizations: China's, Administration of Foreign Exchange, SAFE, Standard Chartered Securities China, China Development, Communist Party of China, China's Ministry of Foreign Affairs Locations: London, China, U.S, Los Angeles
Dollar dips, yen draws support from Tokyo's jawboning
  + stars: | 2024-03-26 | by ( ) www.cnbc.com   time to read: +3 min
The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued with their jawboning to defend the currency. The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued with their jawboning to defend the currency. "But it's even tougher for the (dollar) to weaken when other central banks were sounding more dovish than a dovish Fed." The dollar index was last 0.02% lower at 104.20, while the euro rose 0.03% to $1.0840. "While they say that the fundamentals don't justify the price, the market's telling them something else," said IG's Sycamore.
Persons: he's, Tony Sycamore, Thierry Wizman, Shunichi Suzuki Organizations: New Zealand, Federal, IG, FX, Macquarie, Fed, Japanese Finance, Bank of Japan's Locations: U.S, Japan, United States, Sycamore
The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north. "Japanese officials' verbal intervention is making 152 a very strong near-term resistance for dollar/yen," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "Markets are fully aware of a potential actual FX intervention from authorities, so I think that's keeping dollar/yen from moving substantially higher. "I think there is still a high risk that they will come in to prop up the yen if dollar/yen were to surge materially perhaps to 155. The yuan has been pressured by growing market expectations of further monetary easing to prop up the world's second-largest economy.
Persons: Carol Kong, That's, BoE, Andrew Bailey, Chris Weston Organizations: Bank of Japan's, Commonwealth Bank of Australia, Federal Reserve, European Central Bank, Bank of England, Swiss National Bank, Sterling, Financial Times, ECB, New Zealand Locations: Japan, United States
Masato Kanda, vice-minister of finance for international affairs at Japan's Ministry of Finance, during a press conference after the Group of 20 (G-20) finance ministers and central bank governors meeting. "Looking at currencies, the dollar/yen pair has gone through big fluctuations of 4% over only the past two weeks," Kanda told reporters. Kanda described the recent yen moves as "speculative." He said he wouldn't rule out any measures but stands ready to respond appropriately to the currency's move. He added he has been closely watching currency moves with a sense of urgency, even when he was travelling overseas over the weekend.
Persons: Masato Kanda, Kanda Organizations: Japan's Ministry of Finance
Yen holds nerve as BOJ decision looms; dollar resurgent
  + stars: | 2024-03-19 | by ( ) www.cnbc.com   time to read: +4 min
The yen was last little changed at 149.14 per dollar, while the Australian dollar fell 0.06% $0.6556. Against the euro, the yen steadied at 162.18, with the Japanese currency likewise little changed against the Aussie at 97.78. So BOJ's decisions generally are, as far as the yen is concerned, a matter of secondary importance," said Berry. "Holding policy rates steady and policy guidance broadly unchanged seems like a reasonably straightforward decision in the presence of high uncertainty," said Carl Ang, fixed income research analyst at MFS Investment Management. The New Zealand dollar was similarly pinned near Monday's two-week low and last bought $0.6079.
Persons: Gareth Berry, It's, they're, it's, Berry, Carl Ang, Sterling, , Goldman Sachs, David Mericle Organizations: Bank of Japan, U.S, Reserve Bank of Australia, Aussie, Nikkei, Macquarie, Federal Reserve, MFS Investment Management, U.S ., New Zealand Locations: Bath, England, Asia, Japan, United States, Down, Australia, Monday's
Bitcoin could reach $250,000 in 2025, Standard Chartered's Geoff Kendrick predicted. That's as long as spot ETF inflows remain strong, and reserve managers begin buying crypto. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBitcoin could surge to as high as $250,000 in 2025, propelled by the success of spot ETFs and growing interest from reserve managers, Standard Chartered's Geoff Kendrick forecast in a note on Monday. Such a stellar rise is likely if fund inflows remain as strong as they are, the firm said.
Persons: Geoff Kendrick, That's, , Bitcoin Organizations: Service, FX, Business
A picture taken on August 14, 2018 shows the logo of Turkey's Central Bank at the entrance of its headquarters in Ankara, Turkey. Turkey's central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was over. The institution sent a directive to lenders, effective Friday, instructing them to put parts of their required lira reserves into blocked accounts. Economic data platform Emerging Market Watch posted on X, describing the central bank as taking "another tightening step via reserve requirements." "Last week the CBRT tightened restrictions on lira loan growth, a move that would likely have a similar impact to an interest rate hike."
Persons: That's, Arda Tunca, Dan Murphy Organizations: Turkey's Central Bank, Reuters, CNBC, Capital Economics, FX, Economics Locations: Ankara, Turkey, Turkey's, Istanbul, Turkish, London
Three-Stock Lunch: McDonald's, Adobe and Ulta
  + stars: | 2024-03-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: McDonald's, Adobe and UltaBoris Schlossberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss his investing take on three stocks: McDonald's, Adobe and Ulta.
Persons: Boris Schlossberg Organizations: Adobe, BK Asset Management
Read previewAcross eight episodes, the second season of Ryan Murphy's "Feud: Capote vs. Truman Capote (Tom Hollander) and Joanne Carson (Molly Ringwald) in "Feud: Capote Vs. According to PBS, Capote's official death certificate attributed his death to "liver disease complicated by phlebitis and multiple drug intoxication." According to Plimpton, a search for what the key unlocked was carried out after Capote's death, but nothing was found. AdvertisementThe finale of "Feud: Capote vs.
Persons: , Ryan Murphy's, Truman Capote, Tom Hollander, Capote, Ann Woodward, Laurence Leamer's, Jon Robin Baitz, Joanne Carson, Molly Ringwald, Johnny Carson, Jane Baxter, Carson, Truman, Stanley Siegal, Siegel, Katharine, Kay, Graham, Harry Benson, Gary Settle, George Plimpton's, Plimpton, Joseph M, Fox Organizations: Service, Business, Los Angeles Times, PBS, Random, La, Basque, New York Public Library, New York Times Co Locations: New York, Manhattan, Kansas, Palm Springs , California
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Asian currencies could be on the "back foot" this year despite signals that the U.S. Federal Reserve could cut interest rates soon, according to Julia Wang, executive director and global market strategist at JPMorgan Private Bank. Emerging market currencies often stand to gain when the Fed cuts interest rates and the U.S. dollar weakens. "The dollar probably could remain somewhat resilient," Wang told CNBC's Squawk Box Asia on Wednesday. However, Supaat, pointed out that Asian currencies did rally last year when there where expectations that the Fed was going to cut rates.
Persons: Julia Wang, Wang, CNBC's, Saktiandi Supaat, it's, Supaat Organizations: U.S, U.S . Federal, JPMorgan Private Bank, U.S ., Asia Locations: U.S, China
Dollar on guard; BOJ speculation keeps yen supported
  + stars: | 2024-03-12 | by ( ) www.cnbc.com   time to read: +4 min
Against the dollar, the euro retreated from a roughly two-month high hit last week and last bought $1.0931. The Australian dollar rose 0.01% to $0.6615, while the New Zealand dollar edged 0.02% lower to $0.61685. The dollar index was little changed at 102.80, having hit a roughly two-month low of 102.33 last week. Over in Asia, swirling speculation that the BOJ could move away from its ultra-easy policy settings at its policy meeting next week kept the yen supported. Against the dollar, the yen steadied at 146.94, not far from Friday's one-month top of 146.48.
Persons: bitcoin, Ray Attrill, Jerome Powell, We're, NAB's, there'll, Shunichi Suzuki Organizations: Bank of Japan, Sterling, greenback, Federal Reserve, National Australia Bank, NAB, New Zealand, country's Finance Locations: Asia, Japan
Joe Biden has launched a $30 million ad campaign where he makes light of the concerns over his age. AdvertisementJoe Biden pokes fun at concerns about his age in a new $30 million TV and digital ad blitz. AdvertisementRepublican frontrunner and former president Donald Trump is running for reelection aged 77. Joe Biden and Donald Trump are effectively the same age. "I'm Joe Biden, and I approve this message," he declares.
Persons: Joe Biden, Donald Trump, , Biden, Harris, Hillary Clinton, it's, , el65gxRT1M — Hillary Clinton, Trump, Donald Trump —, I'm Joe Biden, I've Organizations: Service, New York Times, Siena College, Biden, Democratic, ESPN, TNT, Comedy Central, FX Locations: Thursday's State, @HillaryClinton, America
According to Peach, sanctions haven't halted money from non-Western countries flowing to Russia. Even G7's bid to curb export income through a $60 per barrel cap on the price of oil hasn't really hobbled Moscow's oil trade. The West has reduced imports of Russian energy significantly but Russia has largely re-routed oil exports to Asia." Peach wrote that the West could squeeze Russian energy more by slapping secondary sanctions on third-party purchases of oil and gas from the country. AdvertisementBut it's unlikely for the West to take this path, he added, given Russia's energy dominance and the risk of sparking volatility that could end up antagonizing partners like India.
Persons: , Vladimir Putin, Owen Matthews ,, Putin, Liam Peach, Peach, Matthews, Russia mobilizes Organizations: Service, Business, Capital Economics, Export, Central Bank of Russia, Russia, China Goods Trade, SA Locations: Ukraine, Moscow, Russia, Nord, Turkey, UAE, Asia, Europe, Russian, China, Dubai, American, India
"I'm pretty sanguine, as it all went way, way better than I could have possibly drawn up." Do you have any defining memories of being on set with Guillermo del Toro? It took seven years for del Toro to convince anybody to finance a comic book franchise with me in it. Working with Del Toro is as irreverent an experience as you can get. On whether he’d return for a ‘Sons of Anarchy’ follow-upRon Perlman as Clay Morrow in "Sons of Anarchy."
Persons: Ron Perlman, he's, Smith, Donald Glover, Maya Erskine, Toby Hellinger, Toby, Perlman, Guillermo del Toro, couldn't, Guillermo del Toro Ron Perlman, Hellboy, del Toro, Del Toro, Einstein, who's, they're, spry, Marx, Liz, would've, I’ve, We've, Clay Morrow, , , Jax Teller, Charlie Hunnam, you've, Jax, Theo Rossi, Clay, I'm, , Linda Hamilton, Catherine, Vincent, CBS You've, there's, I've, let's, bro, Reinhardt, It’s Organizations: Business, Sony Pictures, Marx Brothers, CBS Locations: Lake Como, Hollywood, donnybrook
Against the yen , the dollar bottomed at a roughly one-month trough of 148.94 in early Asian trade on Thursday. The euro and sterling held near one-month highs struck in the previous session and last bought $1.0902 and $1.2738 respectively. Market bets for imminent cuts also kept U.S. Treasury yields under pressure, with the two-year yield which typically reflects near-term rate expectations — last at 4.5640%. All of that left the greenback pinned near a one-month low against a basket of currencies. The New Zealand dollar rose 0.05% to $0.6133, while the Australian dollar edged 0.11% higher to $0.6572.
Persons: bitcoin, Jerome Powell, Carol Kong, Powell, Simon Harvey Organizations: U.S, Federal, Treasury, Commonwealth Bank of Australia, Fed, Canadian, Bank of Canada, BoC, Wednesday, New Zealand
Turkish annual inflation soars to 67% in February
  + stars: | 2024-03-04 | by ( Natasha Turak | ) www.cnbc.com   time to read: +3 min
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations. Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month. The combined sector of hotels, cafes and restaurants saw the greatest annual price inflation increase at 94.78%, followed by education at 91.84%, while the rate for health stood at 81.25% and transportation at 77.98%, according to the statistical institute. "Obviously a disappointing set of inflation prints this morning," Timothy Ash, emerging markets strategist at BlueBay Asset Management, wrote in a note. He added that this development has "continued to put downward pressure on the lira," creating an inflation pass-through.
Persons: Liam Peach, Mehmet Simsek, Turkey's, Timothy Ash, Ash Organizations: Turkish Statistical Institute, Reuters, Food, Economics, Capital Economics, Turkish, BlueBay Asset Management, FX Locations: Sariyer, Istanbul, Turkish, London
"Shōgun," created by Rachel Kondo and Justin Marks, takes place at the turn of the 17th century in Japan. Hiroyuki Sanada as Yoshii Toranaga in the series premiere of "Shōgun." The Washington Post's Lili Loofbourow wrote that "Shōgun" will draw comparisons to "Game of Thrones" because it has a "proven combination of gorgeous set pieces, moral ambiguity, cliffhangers (literally, in one case!) According to critics, however, FX's "Shōgun" more effectively shifts the focus to the story's cast of Japanese characters. AdvertisementReviews praised Hiroyuki Sanada's performance as Toranaga YoshiiHiroyuki Sanada as Yoshii Toranaga in "Shōgun."
Persons: , James Clavell's, Rachel Kondo, Justin Marks, John Blackthorne, Yoshii Toranaga, Hiroyuki Sanada, Katie Yu, Alan Sepinwall, Nick Hilton, Lili Loofbourow, Loofbourow, Cosmo Jarvis, Anna Sawai, Time's Judy Berman, Mike Hale, Toda Mariko, IGN's Samantha Nelson, Sanada, Hiroyuki Sanada's, Yoshii Hiroyuki Sanada, Stone's Sepinwall, Today's Kelly Lawler, IGN's Nelson, Toranaga, Critics, IndieWire's Ben Travers, Travers, Rebecca Nicholson, Yuka Kouri, Kurt Iswarienko, Variety's Alison Herman, showrunners Marks, Jonathan van Tulleken, Helen Jarvis, Carlos Rosario Organizations: Service, Hulu, Disney, Taiko, Regents, Business, Thrones, FX, New York Times Locations: United Kingdom, Japan, Kanto, Washington, Osaka, Hulu
Dollar droops as key U.S. data looms; yen firms on CPI beat
  + stars: | 2024-02-27 | by ( ) www.cnbc.com   time to read: +2 min
The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The U.S. dollar index , which measures the currency against a basket of peers including the yen and euro, traded flat at 103.78 early in Asian time, following a 0.17% slide on Monday. U.S. durable goods data is due later on Tuesday, while January's U.S. personal consumption expenditures price index, which is the Fed's preferred measure of inflation, will be released Thursday. The dollar slipped 0.1% to 150.54 yen as a slightly hotter-than-expected reading for Japan's January consumer price index kept the BOJ on track to exit negative interest rate policy as soon as next month.
Persons: CME's, Richard Franulovich, Cryptocurrency bitcoin Organizations: Federal Reserve, Bank of Japan's, U.S, January's, New Zealand, Aussie, Traders, Reserve Bank of New, MicroStrategy Inc Locations: January's U.S, Reserve Bank of New Zealand
CNN —In the early heyday of miniseries, “Shōgun” was the show of the year in 1980, and it might be again 44 years later. That chaos also creates the possibility of one regent emerging to consolidate power, and perhaps even gain the title of shōgun. Of course, in today’s heavily fragmented streaming environment “Shōgun” won’t be the massive ratings hit that it was back when there were three broadcast networks (and not much else), but those who wade into this dense history will be amply rewarded. “All men can be broken,” Toranaga muses at one point, with a quiet sense of menace and determination. If only all limited series could be half as good as “Shōgun.”“Shōgun” premieres February 27 on Hulu and at 10 p..m. ET the same day on FX.
Persons: Shōgun ”, James Clavell’s, John Blackthorne, Cosmo Jarvis, , ” Blackthorne, Toranaga, Hiroyuki Sanada, “ John Wick, shōgun, Eager, Mariko, Anna Sawai, Buntaro, Shinnosuke Abe, Blackthorne, Richard Chamberlain, King, “ Shōgun ”, Sean Connery, Jarvis, Ishido, Hira, , Michael Clavell, won’t, ” Toranaga Organizations: CNN, of Regents, Apple’s, NBC, Hulu Locations: Japan, ,
Dollar firms ahead of busy data week with U.S. inflation in focus
  + stars: | 2024-02-26 | by ( ) www.cnbc.com   time to read: +4 min
The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The kiwi had risen 1.2% last week, helped by broad dollar weakness and the risk of a rate hike from the RBNZ on Wednesday. "If anything, the (data) may be stronger than markets currently expect, and that will likely give a modest boost to the dollar," said CBA's Kong. "But at the same time, any gains in the dollar will likely be pretty modest.
Persons: Carol Kong, Sterling, Jane Foley, CBA's Organizations: Reserve Bank of New, New Zealand, Commonwealth Bank of Australia, of Japan's, U.S, Rabobank, U.S . Commodity Futures, Fed Locations: Japan, Australia, Reserve Bank of New Zealand, China, Asia, U.S
AdvertisementFX's "Shōgun" is a new series that takes viewers into 1600s Edo-era Japan, adapting James Clavell's novel and drawing on real-life history. The show stars Hiroyuki Sanada (also a producer) as Lord Yoshii Toranaga, a figure akin to the real-life shōgun Tokugawa Ieyasu. When Englishman John Blackthorne (Cosmo Jarvis) washes ashore, he becomes an important figure in Toranaga's power struggle. Toda Mariko (Anna Sawai), a noblewoman, serves as their translator. This story is available exclusively to Business Insider subscribers.
Persons: James Clavell's, Hiroyuki Sanada, Yoshii Toranaga, shōgun Tokugawa Ieyasu, John Blackthorne, Cosmo Jarvis, Toda Mariko, Anna Sawai Organizations: Business Locations: Edo, Japan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoris Schlossberg on Zoom: 'It has a chance to really shine going forward'Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'The Exchange' to discuss how to trade Lowe's, Workday, and Zoom Video.
Persons: Boris Schlossberg Organizations: BK Asset Management
Historical epic "Oppenheimer" picked up more prizes on Saturday at Hollywood's Screen Actors Guild (SAG) Awards, bolstering the movie's chances to score the best picture trophy at next month's Oscars. Cillian Murphy, who played scientist J. Robert Oppenheimer, won best movie actor, and co-star Robert Downey Jr. best supporting actor. HBO's "Succession" secured best TV drama cast for its final season about the battle for control of a family's media dynasty. Elizabeth Debicki, who played Princess Diana in Netflix series "The Crown," won best TV drama actress. "The Last of Us" star Pedro Pascal was named best actor in a TV drama and appeared stunned when he walked on stage.
Persons: Oppenheimer, Cillian Murphy, J, Robert Oppenheimer, Robert Downey Jr, Murphy, Christopher Nolan's, Lily Gladstone, Gladstone, Da'Vine Joy Randolph, Randolph, AFTRA, Idris Elba, Jeremy Allen White, White, Elizabeth Debicki, Diana, Pedro Pascal, Pascal, Barbra Streisand Organizations: Guild, SAG, Academy, Golden Globes, British Academy, Producers Guild of America, Osage, Netflix, Hollywood Locations: Los Angeles, Oklahoma
When a Job Becomes a Literal Hell
  + stars: | 2024-02-23 | by ( Beatrice Loayza | ) www.nytimes.com   time to read: +2 min
The women had suffered lithium poisoning while working at battery factories and began to break into fits of destructive rage during their shifts. In Lin’s retelling, the workers are resurrected as demons, seething with chaotic desire. The restaurant kitchen in FX’s series “The Bear,” which premiered in 2022, is a ticking time bomb of screaming, stove fires and oil burns. (“The Bear,” for all its frenetic pacing, dips into full-blown surrealism only during interludes showing lead chef Carm’s dreams.) These stories portray workers who are not simply anxious and exhausted but violently combusting.
Persons: Candice Lin’s, Lin, Aihwa, Dolly Parton, Jane Fonda, Lily Tomlin, Éric Gravel’s, Carm’s Locations: New York, Malaysian, Malaysia, French Canadian, Paris
3-Stock Lunch: AMZN, WBA & LLY
  + stars: | 2024-02-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: AMZN, WBA & LLYBoris Schlossberg, BK Asset Management managing director of FX Strategy, joins 'Power Lunch' to discuss stock plays for three stocks including; Amazon.com, Walgreens and Eli Lilly.
Persons: Boris Schlossberg, Eli Lilly Organizations: BK Asset Management, FX, Walgreens
Total: 25