Bank of Japan poised to raise rates to highest in 17 years - Reuters
Bank of Japan poised to raise rates to highest in 17 years Reuters
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Brazil's Haddad says high interest rates will curb inflation
Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than many expect, dismissing fears that fiscal challenges could ...
Fed to hold rates in Jan as Trump's policies stir inflation worries
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected ...
U.S. equity fund outflows surged on doubts over Fed rate cuts
U.S. equity funds saw a spike in outflows for the week ending Jan. 15, as the outlook for Federal Reserve rate cuts this year had dimmed while investors were cautious about the ongoing quarterly ...
Russia's Sberbank reports record profits for 2024
Russia's largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, helped by strong growth in corporate borrowing and high interest rates, ...
EM central banks cool on Treasuries, stoking bond yield heat
Spiking Treasury yields and the 'wrecking ball' dollar are creating a negative feedback loop that monetary authorities around the globe may be helping to sustain.
Republicans in Congress warn rising US bond yields could hit Trump's tax cut plans
Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's aggressive tax-cut agenda could fall victim to signs of worry ...
Sterling drops against yen, dollar and euro
Sterling dropped sharply against the yen and also weakened versus the dollar and the euro on Thursday as investors focused on monetary policy divergence after last week's sell-off in gilts and the ...
Borrowing costs fall after inflation surprise
Bets on lower borrowing costs were also bolstered by inflation news coming out of the US, where data suggested the underlying pace of price increases was easing. The monthly report from the Labor ...
Bond Yields Extend Drop as Traders Firm Up Rate-Cut Bets
That would mark a bounceback after the 0.1% decline in output seen in the prior month, which showed broad-based weakness, albeit with a drag from the volatile mining sector. Our colleagues at ...
BOJ chief Ueda signals rate hike chance next week, yen jumps - Reuters
BOJ chief Ueda signals rate hike chance next week, yen jumps Reuters
Beige book confirms US economy solid and strengthens case for Fed hold
Activity, prices and labour markets all stronger relative to last release, reinforcing need for central bank caution ahead ...
Fed's Williams says policy data dependent in very uncertain environment
Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by economic data as the central bank confronts a high level of uncertainty in ...
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in December, raising the chances of a second rate cut this year, while investors ...
ECB Expected to Ease Monetary Policy by Mid-Summer: Reuters
The European Central Bank (ECB) is expected to continue easing monetary policy in the coming months, ultimately ending policy restrictions by mid-summer at the latest, ECB policymaker Olli Rehn said Tuesday, according to Reuters.Rehn, speaking at a conference in Hong Kong, noted that the ECB has already cut interest
BOJ deputy governor flags chance of rate hike next week - Reuters.com
BOJ deputy governor flags chance of rate hike next week Reuters.com
BOJ deputy governor flags chance of rate hike next week - Reuters
BOJ deputy governor flags chance of rate hike next week Reuters
Futures climb as investors eye inflation data, quarterly earnings
U.S. stock index futures rose on Tuesday, supported by falling Treasury yields as investors awaited December's inflation numbers as well as upcoming corporate earnings to assess the health of the ...
US IPO Market Rebound Faces a Reality Check as Yields Spike
Dealmakers, who were gearing up for a busy year of initial public offerings, have already been confronted by a formidable challenge: rising Treasury yields that could deflate enthusiasm for new ...
Toronto stocks extend fall as Fed rate cuts hopes diminish
Canada's main stock index slid to a two-week low on Monday, as investors globally avoided risky assets after last week's robust U.S. jobs data dashed expectations of the Federal Reserve cutting ...
Investors Brace for Gradual Yuan Weakening in 2025 Amidst Trump Tariff Threat
Investors are bracing for a gradual depreciation of the Chinese yuan against the US dollar in 2025, according to a report by Nikkei Asia. This comes as the People's Bank of China (PBOC) faces pressure to defend the currency, driven by rapidly falling domestic interest rates and the
TSX futures slide on fears of hawkish Fed
Futures tied to Canada's main stock index dropped on Monday, mirroring its Wall Street counterparts, as a strong U.S. jobs report lessened the chances of rate cuts this year by the Federal Reserve.
Robust US economy may not need Trump's big reforms
U.S. President-elect Donald Trump campaigned on promises of aggressive import tariffs, strict immigration curbs, deregulation and smaller government, but the economy he inherits next week may be ...
US Job Market Surprises With Strong December Hiring, Unemployment Rate Falls
The U.S. labor market ended 2023 on a strong note, with job growth exceeding expectations and the unemployment rate falling to 4.1%, Reuters reports. This unexpected strength reinforces the Federal Reserve's cautious stance toward further interest rate cuts.The Labor Department's employment report, released
News updates from January 10: US economy adds 256,000 jobs in December; Trump receives no prison time in ‘hush money’ case
Oil prices rose to a three-month high on Friday on strong Chinese demand and concerns about dwindling US inventories. Brent crude, the international oil benchmark, gained 2.5 per cent to $78.85 a ...
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for ...
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the spectre of benchmark ...
Surging bond yields push UK midcaps to biggest weekly drop in over a year
British midcap stocks logged their biggest weekly decline in more than a year on Friday, as surging borrowing costs on the back of higher inflation expectations and concerns about Donald Trump's ...
Sinking US equity risk premium rings alarms
Theory suggests that the divergence in value between U.S. stocks and bonds will eventually get so extreme that investors will need to reduce their exposure to ultra-pricey equities and start loading ...
Bank of England Deputy Governor Backs Gradual Interest Rate Cuts
In a speech at the University of Edinburgh, Bank of England Deputy Governor Sarah Breeden signaled support for gradual interest rate cuts, Reuters reports. While she acknowledged the need for easing monetary policy, she also emphasized the uncertainty surrounding the appropriate pace of rate reductions."The recent evidence further