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Goldman Sachs now expects Fed to hike rates in September
15+ hour, 40+ min ago (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in a... Sept 13 (Reuters)…...
EU watchdog flags risk of abrupt market correction
4+ day, 5+ hour ago (291+ words) By Elizabeth Howcroft and Phoebe Seers PARIS, Sept 10 (Reuters) – A disconnect between deteriorating macroeconomic conditions and upbeat valuations risks triggering a market drop, the European Union’s financial watchdog said on Thursday, citing conflict in the Middle East and rising energy…...
US equity funds record second weekly outflow on Iran tensions, high yields
1+ week, 3+ day ago (241+ words) Sept 4 (Reuters) – U.S. equity funds recorded outflows for a second consecutive week, as rising bond yields and oil prices amid renewed Middle East tensions weighed on sentiment, though strong results from AI-related companies helped limit the selloff. Investors withdrew a…...
Trading Day: Waller cools Fed hike hoopla
1+ week, 3+ day ago (452+ words) ORLANDO, Florida, Sept 3 (Reuters) – Remarks from Fed Governor Christopher Waller that he is inclined to hold interest rates steady later this month sparked a strong stock market rally and dragged bond yields lower on Thursday, while the Japanese yen clocked…...
Analysts raise Canadian dollar forecasts, expecting trade tensions to ultimately fade: Reuters Poll
1+ week, 4+ day ago (353+ words) TORONTO, Sept 3 (Reuters) – Canada’s dollar will edge lower in coming months before notching moderate gains in a year if a resolution is reached in the trade conflict with the United States, a Reuters poll showed. The median forecast of 32 foreign…...
Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum
2+ week, 6+ day ago (364+ words) SINGAPORE, Aug 25 (Reuters) – Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by Treasury Secretary Scott Bessent to calm the bond market, revived momentum in the…...