Fed's Bostic flags more issues with financial disclosures

Fed's Bostic flags more issues with financial disclosures

A financial disclosure form for Federal Reserve Bank of Atlanta President Raphael Bostic notes more issues with reporting of past trading and investing activities. Bostic's...
June 14, 2024 at 02:21 pm
US import prices unexpectedly fall in May

US import prices unexpectedly fall in May

U.S. import prices import unexpectedly fell in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. Import prices dropped 0.4% last month...
June 14, 2024 at 08:37 am
US equity funds saw largest weekly outflow in 18 months ahead of Fed decision

US equity funds saw largest weekly outflow in 18 months ahead of Fed decision

U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision. ...
June 14, 2024 at 08:20 am
Global equity funds faced huge outflows on caution ahead of Fed meet

Global equity funds faced huge outflows on caution ahead of Fed meet

Global equity funds suffered sharp outflows in the seven days to June 12 as investors cautiously took out money ahead of a key U.S. inflation report and Federal Reserve policy decision that could...
June 14, 2024 at 07:11 am
China set to hold key rate as margin pressure, weaker yuan hamper policy easing

China set to hold key rate as margin pressure, weaker yuan hamper policy easing

China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans next Monday, a Reuters survey showed. Worsening interest margins...
June 14, 2024 at 02:56 am
Bank of Canada reviewing extraordinary actions taken during pandemic

Bank of Canada reviewing extraordinary actions taken during pandemic

The Bank of Canada is reviewing the extraordinary actions it took during the pandemic to stimulate the economy, in an effort to be better prepared for a future crisis, a top executive said on...
June 13, 2024 at 09:35 am
TSX futures dip as investors digest US Fed's rate outlook

TSX futures dip as investors digest US Fed's rate outlook

Futures tied to Canada's main stock index slipped on Thursday on weak commodity prices after the U.S. Federal Reserve projected only one interest-rate cut this year. S&P/TSX futures...
June 13, 2024 at 07:22 am
US interest rate policy scares off Dax investors - leading index plummets

US interest rate policy scares off Dax investors - leading index plummets

The prospect of persistently high interest rates in the USA for the time being hit DAX investors hard on Thursday. The leading German index lost up to 1.1 percent to 18,424 points. The...
June 13, 2024 at 06:36 am
In new forecasts, Fed appears to bow out of the election cycle

In new forecasts, Fed appears to bow out of the election cycle

The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day. ...
June 13, 2024 at 06:00 am
Fed meeting, benign inflation keep soft landing hopes alive

Fed meeting, benign inflation keep soft landing hopes alive

Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal Reserve at progress made in fighting consumer prices. ...
June 13, 2024 at 01:00 am
MORNING BID EUROPE-Data is king, Fed its servant

MORNING BID EUROPE-Data is king, Fed its servant

A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the...
June 13, 2024 at 12:30 am
Asia stocks rally, bond yields fall as investors assess Fed outlook

Asia stocks rally, bond yields fall as investors assess Fed outlook

Asian equities rallied on Thursday, while bond yields slid, as investors weighed cooling U.S. inflation against a more hawkish posture by the Federal Reserve. Japanese shares...
June 12, 2024 at 11:08 pm
Bank of Canada head says can still diverge from Fed on rates

Bank of Canada head says can still diverge from Fed on rates

There is a limit to how far the Bank of Canada can diverge from the U.S. Federal Reserve when it comes to cutting rates but the Canadian bank is nowhere near that limit, Governor Tiff Macklem told...
June 12, 2024 at 04:06 pm
Fed seen on track to Sept rate cut after inflation data

Fed seen on track to Sept rate cut after inflation data

Federal Reserve policymakers may feel more confident that inflation is back on a downward path after a U.S. government report showed consumer prices did not rise at all in May, potentially paving...
June 12, 2024 at 09:40 am
MORNING BID AMERICAS-Can this rally fight the Fed?

MORNING BID AMERICAS-Can this rally fight the Fed?

A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick What a difference half a year makes. Traders started 2024 convinced that the...
June 12, 2024 at 06:00 am
Fed expected to hold rates steady, project fewer cuts in 2024

Fed expected to hold rates steady, project fewer cuts in 2024

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and...
June 12, 2024 at 06:00 am
Currencies:  $ still on the rise 24 hours ahead of the FOMC meeting

Currencies: $ still on the rise 24 hours ahead of the FOMC meeting

The dollar is emerging as the big winner from the 'complicated' political situation unfolding in France : the greenback began a sharp rally on Friday after the 'NFP' and what could have been a flash...
June 11, 2024 at 01:06 pm
Currency:  The Euro isn't penalized by rate cuts, but by European elections

Currency: The Euro isn't penalized by rate cuts, but by European elections

While the European Central Bank has lowered its main key rates, the euro will have to wait for the outcome of the European Parliament elections to take its toll.
Our Logo June 10, 2024 at 09:52 am
Funds cool on dollar, cut longs to lowest since March:  McGeever

Funds cool on dollar, cut longs to lowest since March: McGeever

Hedge funds and speculators continue to temper their optimism on the U.S. dollar, and are now holding the smallest net long position in the currency since March. The question now is...
June 10, 2024 at 07:30 am
Demise of dollar's FX reserve omnipotence greatly exaggerated:  McGeever

Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever

ORLANDO, Florida -After two decades of the dollar's share of global foreign exchange reserves gradually eroding to less than 60%, economic, financial and geopolitical...
June 06, 2024 at 07:29 pm