Forex markets brace for Canada, Mexico swings as US tariff deadline looms
  • January 31, 2025

Forex markets brace for Canada, Mexico swings as US tariff deadline looms

A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased volatility, FX options signal, with the Canadian dollar in the crosshairs. President Donald Trump set the Saturday deadline to impose 25% tariffs on imports from Mexico and Canada in an effort to push them to halt illegal migrants and fentanyl from entering the U.S. Implied single-week Canadian-dollar volatility covering the period over the weekend has jumped to its highest since October 2022.

Philippine Stocks Enter Bear Market as Growth Worries Weigh
  • January 30, 2025

Philippine Stocks Enter Bear Market as Growth Worries Weigh

(Bloomberg) -- Philippine stocks fell for a fifth day, pushing the nation’s benchmark index into a bear market, amid concern over potential global headwinds and disappointing domestic economic data.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financi

UK Bond Market Readies for Retail Investment Rush on Tax Quirk
  • January 30, 2025

UK Bond Market Readies for Retail Investment Rush on Tax Quirk

(Bloomberg) -- Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Finan