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Brazil likely to wind down FX program as real steadies

Brazil likely to wind down FX program as real steadies


Brazil likely to wind down FX program as real steadies

Posted: 16 Jun 2014 11:53 AM PDT

RIO DE JANEIRO, June 16 (Reuters) - Brazil's central bank will likely scale back its foreign exchange intervention program within the next couple of weeks, hoping that a period of relative calm in...

UPDATE 3-Polish central bank chief: I won't resign over leaked tape

Posted: 16 Jun 2014 11:40 AM PDT

* Belka says to meet president on Tuesday (Updates with Belka comments. Attention: strong language in paragraph 17)

EMERGING MARKETS-Argentine stocks, bonds tumble after U.S. court decision

Posted: 16 Jun 2014 11:29 AM PDT

(Adds bond market reaction, quote) SAO PAULO, June 16 (Reuters) - Argentine stocks and bonds plunged on Monday after the U.S. Supreme Court declined to hear the country's appeal to avoid paying $1.33...

Moody's raises New York's GO bonds rating to "Aa1"

Posted: 16 Jun 2014 10:36 AM PDT

June 16 (Reuters) - Moody's Investors Service raised New York state's general obligation bond rating to "Aa1" from "Aa2" with a stable outlook, citing sustained improvements in fiscal governance and...

GLOBAL MARKETS-Oil gains on Iraqi violence; bonds steady on safety bid

Posted: 16 Jun 2014 09:35 AM PDT

* Global equity markets slip on Iraqi worries * Crude near 9-month highs on fears of Iraq impact * Bond prices rise on Iraq safety buying (Adds close of European bond, stock markets) By Herbert Lash...

Poland's cbank head says has no plan to resign over leaked tapes

Posted: 16 Jun 2014 09:20 AM PDT

WARSAW, June 16 (Reuters) - Poland's central bank governor Marek Belka said on Monday he does not consider resigning over his leaked conversation with the interior minister where he used expletives...

REFILE-Lithuania to get final go-ahead for euro adoption on July 23-official

Posted: 16 Jun 2014 08:48 AM PDT

BRUSSELS, June 16 (Reuters) - Lithuania, set to become the 19th country to adopt the euro currency from the start of 2015, will probably get the final go-ahead from the European Union for the switch...

Investors pay Germany, Netherlands to keep their cash for 3-6 months

Posted: 16 Jun 2014 08:48 AM PDT

* Germany, the Netherlands sell T-bills at negative rates

EMERGING MARKETS-Argentine stocks tumble after U.S. court decision

Posted: 16 Jun 2014 08:47 AM PDT

SAO PAULO, June 16 (Reuters) - Argentine stocks plunged on Monday after the U.S. Supreme Court declined to hear the country's appeal to avoid paying $1.33 billion to hedge fund creditors, sparking...

GLOBAL MARKETS-Oil gains on Iraqi violence; bonds rise on safety bid

Posted: 16 Jun 2014 08:33 AM PDT

* Global equity markets slip on Iraqi worries * Crude near 9-month highs on fears of Iraq impact * Bond prices rise on Iraq safety buying (Adds opening of U.S. markets, changes dateline; previous...

Argentine peso falls over 2 pct in unofficial trade

Posted: 16 Jun 2014 08:18 AM PDT

BUENOS AIRES, June 16 (Reuters) - Argentina's black market peso currency fell 2.33 percent against the U.S. dollar on Monday after the U.S. Supreme Court declined to hear the government's appeal over...

FOREX-Yen, Swiss franc rise on Iraq conflict, Russia-Ukraine dispute

Posted: 16 Jun 2014 07:48 AM PDT

* Sterling above $1.70 vs dollar for first time in 5 years (Updates market action, changes dateline, previous LONDON)

Argentine GDP-linked bonds plunge after US top court decision

Posted: 16 Jun 2014 07:38 AM PDT

BUENOS AIRES, June 16 (Reuters) - Argentina's dollar-denominated GDP-linked securities plunged 10 percent after the U.S. Supreme Court declined to hear its appeal over its bid to avoid paying $1.33...

UPDATE 2-Russian central bank leaves rates on hold, warns on future hikes

Posted: 16 Jun 2014 07:11 AM PDT

* Russia to keep moving towards free floating rouble (Adds Nabiullina comments)

Daily volumes in currency market climbs in May -CLS

Posted: 16 Jun 2014 06:59 AM PDT

LONDON, June 16 (Reuters) - Average daily volumes in the foreign exchange market inched up in May from a month earlier, although the value of trades stayed below the $5 trillion mark for a second...

GLOBAL MARKETS-Iraq, Ukraine tensions keep markets on edge

Posted: 16 Jun 2014 05:56 AM PDT

(Updates ahead of Wall Street open, adds U.S. business survey data) * Main European bourses 0.3-0.5 pct lower as Iraq, Ukraine tensions weigh * Crude near 9-month highs on fears of impact of Iraqi...

Russian cbank says current interest rates may achieve medium-term inflation goals

Posted: 16 Jun 2014 05:03 AM PDT

MOSCOW, June 16 (Reuters) - Russian central bank governor Elvira Nabiullina said on Monday that keeping interest rates at current levels in the coming months may achieve the bank's medium-term...

TABLE-Economists chop Brazil's 2014 growth view to 1.24 pct

Posted: 16 Jun 2014 04:39 AM PDT

BRASILIA, June 16 (Reuters) - Economists cut their forecasts for Brazil's economic growth this year to 1.24 percent from 1.44 percent previously, a weekly central bank survey showed on Monday. The...

FOREX-Yen, Swiss franc bid on Iraq concerns; pound at 5-yr high vs dollar

Posted: 16 Jun 2014 04:39 AM PDT

* Sterling above $1.70 vs dollar for first time in 5 years (Adds quote, details)

Iraq concerns lift top-rated euro zone bonds but Fed limits gains

Posted: 16 Jun 2014 03:51 AM PDT

* Caution pending Fed meeting limits gains (Updates prices, adds more comments)

Fitch Rates Morocco's EUR1bn Bond 'BBB-'

Posted: 16 Jun 2014 03:39 AM PDT

(The following statement was released by the rating agency) LONDON, June 16 (Fitch) Fitch Ratings has assigned Morocco's EUR1bn bond issuance a 'BBB-' rating. The EUR1bn 10-year notes have a coupon...

Polish c.banker sees no reason for c.bank governor to resign

Posted: 16 Jun 2014 02:15 AM PDT

WARSAW, June 16 (Reuters) - Polish central bank rate-setter Elzbieta Chojna-Duch said on Monday she saw no reasons for central bank's governor Marek Belka to resign and that she has accepted his...

Iraq concerns lift top-rated euro zone bonds but Fed limits gains

Posted: 16 Jun 2014 01:04 AM PDT

LONDON, June 16 (Reuters) - Top-rated euro zone bonds pushed higher on Monday as concerns over escalating violence in Iraq supported safe-haven government debt though gains were limited ahead of the...

FOREX-Yen, Swiss franc rise on Iraq concerns, pound at 5-yr high vs dollar

Posted: 16 Jun 2014 12:42 AM PDT

* Sterling above $1.70 vs dollar for first time in 5 years (Recasts, adds quote, details)

Polish zloty down by 0.6 pct on c.bank tapes scandal

Posted: 16 Jun 2014 12:01 AM PDT

WARSAW, June 16 (Reuters) - The Polish zloty fell 0.6 percent against the euro on Monday morning on concern about a secret recording of the central bank governor using an expletive to describe...
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