Page 16 - Frx News Today

The Indian rupee is expected to open higher on Friday after the dollar index saw its worst session in almost a month on upbeat risk and wagers that the U.S. Federal Reserve will not raise rates at the June meeting.

A look at the day ahead in European and global markets from Ankur Banerjee

A look at the day ahead in markets from Mike Dolan

London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420 million for custodians or exchanges in what the U.S firm said is the highest in the industry.

A look at the day ahead in European and global markets from Kevin Buckland

The BRICS group of emerging markets is ramping up its bid for greater global influence, sensing a moment to capitalize on the splintering world order to build out its ranks beyond Brazil, Russia, India, China and South Africa. Foreign ministers from BRICS nations meeting over two days in Cape Town starting Thursday will be joined by counterparts from countries including Saudi Arabia, the United Arab Emirates, Egypt and Kazakhstan. On the agenda is expansion, with as many as 19 countries aspiring...

Gemini will "soon" start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local regulatory requirements, the crypto exchange said late on Wednesday.

Turkey's lira was trading slightly weaker early on Thursday, after a sharp drop overnight to a record low of 22.95 against the dollar during low liquidity hours, as markets await President Tayyip Erdogan's announcement of the new cabinet.

The Bank of Japan must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary Fund's chief economist Pierre-Olivier Gourinchas told Reuters.

A look at the day ahead in U.S. and global markets from Mike Dolan