archivetrade tensions

MUMBAI, August 7 (Reuters) - The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage rupee volatility triggered by mounting trade tensions with the United States, four bankers told Reuters. This marks a return to a tool the central bank had largely refrained from using over the past seven months since Sanjay Malhotra took over as RBI governor and dialled back on currency intervention. The rupee has appeared increasingly vulnerable in recent weeks amid uncertainty over whether India will reach a...

After a massive drawdown in the initial reaction to President Trump's April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be definitively higher. "I do think there is some complacency ," Charles Schwab chief investment strategist Liz Ann Sonders told Yahoo Finance. Sonders pointed out that at the bottom of the drawdown, investor sentiment hit historically...

After a massive drawdown in the initial reaction to President Trump's April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be definitively higher. "I do think there is some complacency ," Charles Schwab chief investment strategist Liz Ann Sonders told Yahoo Finance. Sonders pointed out that at the bottom of the drawdown, investor sentiment hit historically...

US stock futures slid on Tuesday, signaling a pause in the recent rally amid growing warnings that investor relief over the thaw in trade tensions and easing inflation may be misplaced. S&P 500 futures (ES=F) dropped 0.3% on the heels of a sixth straight day of gains for the broad benchmark. Dow Jones Industrial Average futures (YM=F) slipped roughly 0.2%, while contracts on the tech-heavy Nasdaq 100 (NQ=F) backed off 0.4%. Since the US and China struck a deal to temporarily roll back tariffs last week, markets have been shaking...

The U.S. dollar suffered losses against the Japanese yen and Swiss franc on Monday as market participants grappled with ongoing trade tensions instigated by tariffs. Concerns over a potential slow-down in the U.S. economy further exacerbated the currency's decline.In Europe, the euro retraced gains from the previous week, though maintaining a position near a four-month high. Anticipation is building around potential boosts in government expenditure, as EU finance ministers convene to discuss defense funding options in light of U.S. foreign aid uncertainties.Meanwhile, investors reduced their net long dollar positions,...

Economic uncertainty across the globe has led to fluctuations in the currency markets, and there is still no clear understanding among analysts regarding which currencies are likely to become stable haven assets. Recent events, including the US tariff wars with Canada, Mexico, and China, the pause in American military aid to Ukraine, and changing global defense spending priorities, have only made the situation worse, as per CNBC. These factors are being watched very closely by market participants to see how they will impact foreign exchange rates in the coming months.British...