Edition:
India

Richard Leong

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

12:28am IST

Global trade jitters buoy dollar to near 11-month high

NEW YORK The dollar was steady on Wednesday, hovering near an 11-month peak against a basket of major currencies as China's signal of tolerance of a stronger yuan offset anxiety about the global trade conflict.

20 Jun 2018

Dollar, yen gain as Trump fires off more tariff threats

NEW YORK The dollar and yen rose on Tuesday as traders piled into perceived less risky currencies after U.S. President Donald Trump threatened to slap more tariffs on China, fanning a trade dispute between the world's two biggest economies.

19 Jun 2018

Trade worries stoke safety demand for yen, Swiss franc

NEW YORK Anxiety about a global trade war spurred demand on Monday for the Japanese yen and Swiss franc, while the euro remained under pressure due to a dispute in Germany's governing coalition and expectations the European Central Bank will hold interest rates steady into 2019.

15 Jun 2018

Euro falls most since Brexit as ECB delays rate hikes into 2019

NEW YORK The euro on Thursday suffered its worst day against the dollar since the UK's Brexit vote nearly two years ago after the European Central Bank unexpectedly indicated that it planned to keep interest rates at record lows into the summer of 2019.

14 Jun 2018

Dollar mostly firmer as Fed sees more U.S. rate hikes

NEW YORK The dollar ended steady to modestly higher on Wednesday, hitting a three-week high against the yen, as Federal Reserve officials saw the likelihood of two more interest rate increases for a total of four in 2018 based on a solid economic outlook.

12 Jun 2018

Dollar, euro range-bound ahead of central bank meetings, North Korea summit

NEW YORK The U.S. dollar and euro on Monday were range-bound ahead of decisive meetings of both central banks this week and President Donald Trump's summit with North Korean leader Kim Jong Un in Singapore on Tuesday.

06 Jun 2018

Fed's next rate hike may further rock U.S. bond market

NEW YORK The Federal Reserve's next interest rate increase will mark a key milestone as the era of cheap dollars draws to a close, further unsettling a U.S. bond market already rattled by rising inflation and government debt supply.

31 May 2018

Italy's turmoil pushes back U.S. bond bears

NEW YORK, May 30 Treasury market bears on Wednesday clawed back some of the crushing losses suffered a day earlier after anxiety about the instability of the Italian government triggered a safe-haven stampede into U.S. government debt, forcing those with bets on bond weakness to rush for the exits.

23 May 2018

U.S. mortgage industry wary of transition from LIBOR

NEW YORK U.S. mortgage bankers are concerned about the coming phaseout of a global interest rate benchmark because, they said at a conference, the transition will entail costs and administrative burdens and the replacement rate is not an ideal substitute.

23 May 2018

U.S. home refinancing falls to lowest since 2000: MBA

NEW YORK U.S. applications on mortgages to refinance an existing home fell to their lowest level in 17-1/2 years as some 30-year borrowing costs climbed to their highest levels in over seven years, the Mortgage Bankers Association said Wednesday.

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