UPDATE 1-Japan's PM hopeful Takaichi warns BOJ against raising rates Takaichi says BOJ's recent rate hikes were too early Takaichi calls on BOJ to keep rates low, wants more spending Kono calls for debate on restoring Japan's fiscal health Motegi says Japan can tap reserves to pay for spending Recasts with candidates' comments from joint briefing By Leika Kihara TOKYO, Sept 14 (Reuters) - Sanae Takaichi, Japan's minister in charge of economic security and a leading candidate in the ruling party'

Japan's PM hopeful Takaichi urges BOJ to avoid raising rates By Leika Kihara TOKYO, Sept 14 (Reuters) - Sanae Takaichi, Japan's minister in charge of economic security and a leading candidate in the ruling party's leadership race, said on Friday the central bank should not raise interest rates yet as the economy is on the cusp of emerging from stagnation.

GLOBAL MARKETS-Prospect of steeper Fed cuts boosts stocks, drives record gold prices Adds U.S. stocks close Chances of supersized Fed rate cut rise to 43% Dollar hits lowest vs yen since Dec. 28 Gold at record, Treasuries bounce By Pete Schroeder Sept 13 (Reuters) - U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its policy meeting next week.

DIARY-Federal Reserve Events ***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2024 September 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) November 6-7 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) December 17-18 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) 2025

UPDATE 1-Argentina central bank posts biggest week of FX sales under Milei Adds graphic, context BUENOS AIRES, Sept 13 (Reuters) - Argentina's central bank sold $89 million of foreign currency in the forex market on Friday, taking the total net sales to $338 million for the week, by some distance the largest sell-off since the current government took over in December.

EMERGING MARKETS-Latam FX scales two-week highs on big Fed rate cut bets; Brazil in focus Brazil's economic activity falls less than expected in July Peru CB cuts benchmark rate for second time in a row to 5.25% Goldman Sachs raises 12-mth target for MSCI EM stocks index Russia's central bank raises key interest rate by 100 bps to 19% Stocks rise 2.2%, FX adds 1.9% Updated 1945 GMT By Johann M Cherian and Shubham Batra Sept 13 (Reuters) - Latin American currencies were set for their best day in

Argentina central bank posts biggest week of FX sales under Milei BUENOS AIRES, Sept 13 (Reuters) - Argentina's central bank sold $89 million of foreign currency in the forex market on Friday, taking the total net sales to $338 million for the week, by some distance the largest sell-off since the current government took over in December. Reporting

Sam Bankman-Fried's jury only saw 'half the picture,' lawyer says in appeal By Luc Cohen Sept 13 (Reuters) - The jury that convicted Sam Bankman-Fried of stealing billions of dollars from customers of his FTX cryptocurrency exchange only saw "half the picture" because the judge did not allow in critical evidence, his lawyer argued in their appeal on Friday.

BUZZ-COMMENT-Yen should maintain choppy march higher in days ahead The bullish tone for the yen should remain intact as markets plod through key events in the second half of September and the final days of a Japanese fiscal half-year. The yen is considered just one of several currency winners should the Fed slash its policy rate by as much as 50 basis points Wednesday.

FOREX-US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut Media reports on possible larger Fed rate cut weigh on dollar Ex-New York Fed chief Dudley says strong case for 50-bp move US rate futures price in higher odds of 50-bp cut University of Michigan sentiment improves Updates prices throughout, adds analyst comment By Gertrude Chavez-Dreyfuss and Chibuike Oguh NEW YORK, Sept 13 (Reuters) - The U.S.

BUZZ-COMMENT-US recap: EUR/USD slightly firmer as dollar wobbles on Fed-50 view Sept 13 (Reuters) - The dollar fell Friday as odds of a 50 basis point Fed rate cut Wednesday were lifted following various media reports on the policy outlook. Current market pricing stands at about 45% for such a cut, rising from under 20% earlier this week. Risk- and yield-sensitive currencies outperformed on the session as lower Treasury yields fueled a rally in shares.

GLOBAL MARKETS-Prospect of steeper Fed cuts boosts stocks, drives record gold prices Chances of supersized Fed rate cut rise to 43% Dollar hits lowest vs yen since Dec. 28 Gold at record, Treasuries bounce By Pete Schroeder Sept 13 (Reuters) - U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its policy meeting next week.

UPDATE 1-Peru economy likely expanded by about 4% in July as inflation remains low Updates with details from call, background LIMA, Sept 13 (Reuters) - Peru's economy likely grew by around 4% in July, the chief economist of the country's central bank said on Friday, continuing a recovery following last year's recession when gross domestic product contracted by 0.6%.

CANADA FX DEBT-Canadian dollar weakens amid oversized Fed rate cut uncertainty Canadian dollar falls 0.1% against the greenback For the week, the loonie weakens 0.2% Wholesale trade rises 0.4% in July 2-year yield hits a 2-year low at 2.950% By Fergal Smith TORONTO, Sept 13 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday as investors raised bets on an oversized interest rate cut from the Federal Reserve, a move which could raise speculation about the Bank of Ca

Peru economy likely expanded by about 4% in July, central bank says LIMA, Sept 13 (Reuters) - Peru's economy likely grew by around 4% in July, the chief economist of the country's central bank said on Friday, continuing a recovery following last year's recession when gross domestic product contracted by 0.6%. In 2023, the Andean country's economy was hurt by adverse weather, lower private investment and ripple effects from anti-government protests .

UPDATE 1-South African rand firms, markets focus on expected Fed rate cut Updates prices as of 1539 GMT, adds analyst comment in paragraphs 4 and 6 JOHANNESBURG, Sept 13 (Reuters) - The South African rand firmed on Friday against a weaker dollar, as markets weighed up bets on the size of a rate cut expected in the world's biggest economy next week.

REFILE-FOREX-US dollar hits 8-1/2-month low vs yen as 50-bp cut back in play Corrects first name of former NY Fed President to Bill Dudley in 15th paragraph WSJ, FT reports about talk of 50-bp cut weigh on dollar Ex-NY Fed President Dudley says strong case for 50-bp move US rate futures price in higher odds of 50-bp cut Univ. of Michigan sentiment improves By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON, Sept 13 (Reuters) - The U.S.

EMERGING MARKETS-Latam FX strengthen on big Fed rate cut bets; Brazil in focus Updated at 1430 GMT Brazil's economic activity falls less than expected in July Peru CB cuts benchmark rate for second time in a row to 5.25% Latam stocks up 2.3%, currencies up 1.6% Goldman Sachs raises 12-mth target for MSCI EM stocks index Russia's central bank raises key interest rate by 100 bps to 19% By Johann M Cherian Sept 13 (Reuters) - Most Latin American currencies firmed against the dollar on Friday, as in

Crypto firm Circle to move headquarters to New York City ahead of planned IPO By Hannah Lang Sept 13 (Reuters) - Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S. initial public offering . Circle plans to open its new headquarters in One World Trade Center in early 2025, the company said Friday.

POLL-Brazil central bank to hike rates by 25 basis points on Sept 18 reuters://realtime/verb=Open/url=cpurl%3A%2F%2Fapps.cp.%2FApps%2Fcb-polls%3FRIC%3DBRCBMP%253DECI poll data By Gabriel Burin BUENOS AIRES, Sept 13 (Reuters) - Brazil's central bank will raise its benchmark rate by 25 points next Wednesday at what will likely be the start of a short tightening campaign to quash persistent inflationary trends, moving the opposite way to its peers, a Reuters poll found.