Stock Futures Wavered Amid Flurry of Earnings
U.S. and overseas stocks were mixed as earnings results continued to move markets
BOJ Governor Says Early Rate Hike Possible if Prices Rise Faster Than Expected
Bank of Japan Gov. Kazuo Ueda said he is open to the idea of early interest-rate increases if inflation rises at a faster pace than the bank's projections.
Sweden Cuts Rate as Europe Moves Ahead of the Fed
The Riksbank cut its key rate to 3.75% from 4%, in line with forecasts, becoming only the second central bank from a rich, advanced economy to begin its easing cycle following the post-pandemic surge in inflation.
Hannon's Take: The Risk of Waiting for the Fed
For Europe's central banks, moving ahead of the Federal Reserve risks a depreciation of the national currency. But there is another argument.
Profits Are Booming-and That's Shielding the Economy
CEOs are upbeat, and results are on the upswing. The somewhat slower job growth reported last week isn't the same as a major downturn.
Pricier Insurance Makes Sense as Climate Risk Grows, Chubb CEO Says
Speaking in California, Evan Greenberg says industry has been setting premiums 'very rationally,' adding that it didn't tell people to 'build magnificent homes in a wildfire zone.'
German Industry Awaits Sustained Rebound After March Decline
Output of production in manufacturing, energy and construction fell 0.4%, the first fall this year, a signal that an industrial recovery could be fragile as the economy still struggles.
Treasurys Are Tougher to Sell. This Week Could Be Different.
The next tests for the Treasury market come on Wednesday and Thursday, when sales of 10-year and 30-year debt are scheduled.
No, the Bond Market Isn't About to Implode. The Case for Boring.
A new U.S. debt crisis is far less likely than it might seem, Larry Hatheway writes in a guest commentary.
Interest Rates Will Be Higher for Longer, Fed's Kashkari Says
The Minneapolis Fed President notes that inflation seems to have gone "sideways."
(END) Dow Jones Newswires
05-08-24 0715ET
