monetary-policy
Top StoriesDollar Jumps on Safety Flows After China Data, Yuan Slips on Rate Cut
Top StoriesSwiss Sight Deposits Increase Showing Possible Central Bank Activity
Top StoriesSterling Falls vs Dollar as Focus Turns to UK Data
Top StoriesGlobal Stocks Rise, U.S. Yields Fall as Inflation Slows
U.s., World Stocks Upbeat on Fed View
Date: August 12, 2022
By Carolyn Cohn LONDON (Reuters) – U.S. stock index futures were indicating a positive start to Wall Street on Friday and world stocks headed for a fourth straight week of gains as investors scaled back views on how far U.S. interest rates and inflation can climb. Oil lost some shine on Friday but has still...
Dollar Set for Weekly Fall as Markets Reassess Fed Rate Hike Bets
Date: August 12, 2022
By Elizabeth Howcroft LONDON (Reuters) -The dollar rose on Friday but was still set for a weekly decline as traders looked for signs of U.S. inflation peaking. U.S. inflation figures on Wednesday and Thursday were lower than expected, boosting riskier assets such as equities and weakening the dollar, as markets interpreted the data as indicating...
Asian Stocks Mixed and European Futures Flat on Rate Hike Worries
Date: August 12, 2022
By Sam Byford (Reuters) -Asian stocks were mixed and the yen fell on Friday, capping off a back-and-forth week that saw investors split on how aggressively the Federal Reserve would raise interest rates to tackle inflation. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.1%, and Australia’s AXJO was down 0.72%. Hong Kong’s Hang...
Dollar Remains Under Pressure as Traders Reassess Rate Hike Bets
Date: August 11, 2022
By John McCrank NEW YORK (Reuters) – The dollar was slightly lower on Thursday following a 1% loss the previous day when data showed U.S. inflation was not as hot as anticipated in July, prompting traders to dial back future rate hike expectations by the Federal Reserve. Investors slashed bets on the possibility that the...
Bank of Canada’s ‘soft Landing’ Scenario Hits the Rocks in Bond Market
Date: August 11, 2022
By Fergal Smith TORONTO (Reuters) – Canada’s inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, placing the central bank in a tough spot as it aims to tame high inflation and engineer a “soft landing” for the economy. The yield on the Canadian...
U.S. Producer Prices Fall in July; Weekly Jobless Claims Climb
Date: August 11, 2022
(Reuters) – U.S. producer prices unexpectedly fell in July amid a drop in the cost for energy products and underlying producer inflation appears to be on a downward trend, while jobless claims rose for a second straight week in a labor market that remains tight. The producer price index for final demand declined 0.5% last...