Outlook
Hurricane Beryl has already brought devastation to parts of the southeast Caribbean and is now raking Jamaica’s southern coast. Forecasters are confident the record-breaking storm will next strike Mexico’s Yucatán Peninsula. But the more difficult question is what happens to Beryl after that.
By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed enough for the Federal Reserve to cut rates in 2024, while the euro was calm ahead of an expected cut from the European Central Bank this week. Among emerging market currencies, the […]
(Bloomberg) — European stocks retreated further from this week’s record levels as dialed-down bets for Federal Reserve policy easing prompted a pull-back from riskier assets. Most Read from Bloomberg The Stoxx 600 fell 0.2%, weighed down by rates-sensitive sectors such as tech and real estate. US futures contracts were little changed after slipping back from […]
U.S. Treasury yields dipped on Tuesday as investors considered what could be ahead for the economy and awaited fresh data scheduled for the week. At 4:10 a.m. ET, the yield on the 10-year Treasury yield was down by over one basis point to 4.2033%. The 2-year Treasury yield was last more than one basis point […]
Ahead of the outcome, the offshore yuan edged marginally lower to 7.2143 per dollar. The greenback last bought 150.25 yen, having already surpassed the psychological 150 per dollar level for six straight sessions and prompting warnings from Japanese officials in a bid to stabilize the currency. Higher-than-expected U.S. producer prices and consumer prices data last week further . . .
WEST LAFAYETTE, Ind. — Registration is open for Purdue University’s annual Top Farmer Conference. This one-day conference will take place on Friday, Jan. 5, 2024, from 9 a.m. to 4 p.m. ET at Purdue’s Beck Agricultural Center in West Lafayette. When registering for the conference, individuals have the option to . . .
A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci Acquire Licensing Rights
U.S. Secretary of Treasury, Janet Yellen hosts a Finance Ministers? Meeting plenary at the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S. November 13, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights
U.S. Treasury yields were higher on Monday, as investors considered the state of the economy and awaited key inflation data due out this week for indicators of monetary policy decisions ahead. At 4:11 a.m. ET, the yield on the 10-year Treasury was over two basis points higher at 4.6538%. The 2-year Treasury yield was last […]
Nov 10 (Reuters) – Moody’s on Friday changed the outlook on the government of United States of America’s ratings to “negative” from “stable”. The rating agency said it expects United States’ fiscal deficits will remain very large, significantly weakening debt affordability. Moody’s affirmed the long-term issuer and . . .