Fed can be 'patient,' needs more good inflation data:  Logan

Fed can be 'patient,' needs more good inflation data: Logan

Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is welcome news but that the U.S. central bank can stay patient on interest-rate policy. ...
June 18, 2024 at 02:19 pm EDT
The dollar, Treasuries, and 'US exceptionalism':  McGeever

The dollar, Treasuries, and 'US exceptionalism': McGeever

Any week with U.S. inflation figures, Federal Reserve and Bank of Japan policy meetings and a core euro zone nation plunging into political turmoil is bound to be sending a blizzard of conflicting...
June 18, 2024 at 09:30 am EDT
Currencies:  $ perfectly stable, Euro remains vulnerable

Currencies: $ perfectly stable, Euro remains vulnerable

Another positive session for the dollar, which continues to act - somewhat - as a refuge from the political uncertainties that arose in France on June 7 at 9:15pm.Christine Lagarde has come out of her...
June 17, 2024 at 12:43 pm EDT
Currencies:  It's a swingin' good time!

Currencies: It's a swingin' good time!

Welcome, thrill-seekers. Between central bank meetings and political turmoil in Europe, currency traders have plenty to speculate about the future of both the dollar and the euro. Let's jump in.
Our Logo June 17, 2024 at 10:42 am EDT
Rival pork exporters could benefit from China-EU trade tensions

Rival pork exporters could benefit from China-EU trade tensions

Pork suppliers from South America and the United States could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and...
June 17, 2024 at 08:13 am EDT
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 EDT
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 EDT
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 EDT
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 EDT
Investors bought U.S. growth stocks, dumped value this week

Investors bought U.S. growth stocks, dumped value this week

Investors dumped U.S. value stocks and bought growth stocks in the week to Wednesday, according to BofA Global Research, a period marked by cooler than expected inflation data that sent bond...
June 14, 2024 at 03:11 am EDT
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 EDT
MORNING BID ASIA-Caution at Fed, but what about the Bank of Japan?

MORNING BID ASIA-Caution at Fed, but what about the Bank of Japan?

A look at the day ahead in Asian markets. Asia's market spotlight on Friday shines brightly and almost exclusively on the Bank of Japan, notably the degree and pace at which it intends...
June 13, 2024 at 05:45 pm EDT
Bank of Japan to keep ultra-low rates, may signal bond taper

Bank of Japan to keep ultra-low rates, may signal bond taper

The Bank of Japan is likely to keep interest rates ultra-low on Friday but consider whether to start reducing its huge balance sheet in a slow but steady retreat from its massive monetary stimulus. ...
June 13, 2024 at 05:00 pm EDT
Yellen says larger Chinese banks wary of violating US sanctions on Russia

Yellen says larger Chinese banks wary of violating US sanctions on Russia

U.S. Treasury Secretary Janet Yellen said Thursday that she believes the largest Chinese banks are mindful of U.S. sanctions against Russia and do not want to violate them, but added the U.S. will not...
June 13, 2024 at 02:03 pm EDT
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 EDT
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 EDT
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 EDT
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 EDT
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 EDT
What will BOJ's quantitative tightening look like?

What will BOJ's quantitative tightening look like?

The Bank of Japan may offer guidance on how it plans to reduce its $5-trillion balance sheet at its policy meeting on Friday, in a slow but steady retreat from its massive monetary stimulus. ...
June 12, 2024 at 10:29 pm EDT