83 m. ago Stock Rally Hits a Wall as US Inflation Picks Up: Markets Wrap

The blistering run in stocks hit a wall as a pick-up in inflation lifted bond yields alongside the dollar, with traders paring bets the Federal Reserve will cut interest rates next month.

Economics

2 h. ago Bank of Canada is open to rate cuts, but lower rates are likely a ways off

Robert McLister: Cuts could be several inflation reports and some crossed fingers away

Other

17 h. ago Asian shares are mixed after days of gains driven by hopes for US rate cuts

MANILA, Philippines (AP) — Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest rates, while U.S. futures slipped. In Tokyo, the Nikkei 225 fell 1.4% to 42,657.94 as investors sold to lock in recent gains that have taken the benchmark to all-time records. The Japanese yen rose […]

Other

32 h. ago Stock markets could rally Wednesday amid optimism for future rate cuts

Stock markets in the U.S. and worldwide are poised for a gainful Wednesday trading session as traders in the U.S. are especially optimistic with a higher potential for rate cuts.

Economics

39 h. ago Stocks Hit Record, Wall Street Fear Gauge Sinks: Markets Wrap

Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a Federal Reserve interest-rate cut in September.

Economics

39 h. ago Global Stocks Extend Rally on Fed Easing Optimism: Markets Wrap

European stocks advanced as risk-on sentiment, fueled by mounting expectations of Federal Reserve interest rate cuts, continued to lift global equity markets and push bond yields lower.

Economics

59 h. ago Emerging Market Stocks Trade Steady Before US Inflation Data

Emerging-market stocks and currencies were steady as traders awaited US inflation data for clues on the path for Federal Reserve interest-rate cuts.

Economics

60 h. ago Wall Street Pros See Stocks Ignoring ‘Transitory’ Inflation Rise

Economists expect the latest data on consumer prices to show an uptick in inflation, but Wall Street pros aren’t concerned that it’ll derail the latest stock market rally.

Economics

64 h. ago RBA Delivers Third Rate Cut, Says Future Moves Hinge on Data

Australia’s central bank trimmed its key interest rate for a third time this year, while signaling future policy decisions will hinge on incoming data.

Other

5 d. ago The Bank of England Has Rarely Been This Split Over Inflation

This week’s interest-rate cut at the Bank of England was perhaps the most divisive yet under Andrew Bailey’s governorship.

Economics

6 d. ago ‘Worst jobs reading in three years’ raises odds of Bank of Canada rate cut next month

Canada shed 41,000 jobs in July, the worst showing since January 2022

Other

6 d. ago Chile’s Annual Inflation Unexpectedly Speeds Up After Rate Cut

Chile’s annual inflation unexpectedly accelerated for the first time since March after the central bank signaled it will gradually lower its borrowing costs over coming quarters.

Economics

9 d. ago Korean Inflation Cools, Boosting Case for BOK to Cut Rate Again

The pace of consumer inflation in South Korea slowed, giving the central bank added incentive to resume its rate-cut cycle as the trade-reliant economy braces for the impact from higher US tariffs.

Economics

1 week ago Asian Stocks Decline as Traders Pare Back Risk: Markets Wrap

A selloff in Asian stocks extended to a seventh day after weak US jobs data triggered a pullback in equities and fueled bets on an interest-rate cut by the Federal Reserve.

Economics

1 week ago Stock Losses Extend as Traders Cut Risk, Oil Falls: Markets Wrap

A selloff in Asian stocks extended to a seventh day after weak US jobs data triggered a pullback in equities and fueled bets on an interest-rate cut by the Federal Reserve.

Economics

1 week ago Asian Stocks Trim Losses on Tech, Oil Dips on OPEC: Markets Wrap

Asian stocks headed for their longest losing streak in two years after weak US jobs data triggered a pullback in equities and fueled bets on an interest-rate cut by the Federal Reserve.

Economics

3 w. ago Here’s why the Bank of Canada could be done cutting interest rates for now

After a quarter-point cut in March, the Bank of Canada held its benchmark interest rate steady at 2.75 per cent in April and June.

Other

3 w. ago Why the Bank of Canada could be done cutting its policy rate for now

OTTAWA — The Bank of Canada has largely kept to the sidelines as it tries to get a sense of how U.S. tariffs will impact the economy — and some economists think it might just stay there. After a quarter-point cut in March, the central bank held its benchmark interest rate steady at 2.75 per […]

Events

3 w. ago Bond Yields Drop on Waller’s Call, Inflation Views: Markets Wrap

Bond yields fell alongside the dollar as Federal Reserve Governor Christopher Waller reiterated his case for a July rate cut, while data showed an improvement in consumer expectations for inflation. Stocks fluctuated as traders parsed a handful of earnings.

Economics

4 w. ago Asian Traders Tread With Caution as Fed Bets Wane: Markets Wrap

Stocks in Asia are set for a cautious open after mixed US inflation data spurred traders to trim Federal Reserve rate-cut bets. The dollar rose, Treasuries declined and the yen touched its weakest since April.

Economics