Analysis: Currencies

Fed's Miran says calm bond market shows support for rate cuts

NEW YORK -Federal Reserve Governor Stephen Miran on Tuesday said that the U.S. bond market's current relative calm supports a swift push to lower interest rates. Given that market...

NY Fed finds rising worry about state of job market in September

NEW YORK -Americans grew more worried about the future of the job market in September, while at the same time bumping up projections for the future path of near-term inflation, a report from the...

US unemployment claims rise moderately amid labor market freeze

WASHINGTON -The number of Americans filing new applications for unemployment benefits increased marginally during the last week of September, data from Haver Analytics showed, pointing to a still-low...

Currencies: Surprise!

Until this morning, I was wondering where the expected bullish reversal on the dollar index might come from. The answer has arrived: from the fall of the euro, of course! We can thank France, and more...

French markets tumble after PM Lecornu resigns

LONDON -A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned. French stocks fell sharply, government bond...

For a jobs day data fix in a US shutdown, here is what the experts are saying

WASHINGTON -With U.S. Bureau of Labor Statistics employees furloughed due to the federal government shutdown, the agency's website shows a release from Wednesday as its most recent data update...

Fed's Miran wants aggressive rate cuts but downplays differences with other officials

Federal Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump administration policies on the economy, while other central bank...

BofA Global Research moves Fed rate cut forecast to October from December

Bank of America Global Research on Friday pulled forward its forecast for the next Federal Reserve interest rate cut to October from December, citing signs of a softening labor market. ...

US services sector growth brakes; prices paid measure edges higher

WASHINGTON -U.S. services sector activity stalled in September amid a sharp slowdown in new orders, while subdued employment added to mounting evidence of sluggish labor market conditions because of...

US equity funds see sharp weekly inflows on rate cut hopes

U.S. equity funds saw robust inflows in the week to October 1 on renewed bets of rate cuts, as an inflation report eased worries that a buildup in prices would push the Federal Reserve to delay...

Fed's Williams says central banks must prepare for the unexpected

Federal Reserve Bank of New York President John Williams said Friday that unpredictable change is inevitable and central banks need to be aware of that and have strategies to operate in those...

BOJ's Ueda warns of global uncertainty, keeps markets guessing on next hike

OSAKA -Bank of Japan Governor Kazuo Ueda said inflation was on track to durably hit the bank's target but warned of global uncertainties that could discourage firms from raising wages, leaving...

Trading Day: AI, Fed bets sweep aside shutdown jitters

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Stock markets around the world leaped...

Fed's Logan says US central bank must be 'very cautious' on rate cuts

AUSTIN, Texas -Federal Reserve Bank of Dallas President Lorie Logan on Thursday said the U.S. central bank appropriately cut rates last month to guard against the risk of a sharp deterioration in the...

Brazil confident Senate will back taxing the wealthy to offset middle-class exemptions

BRASILIA/SAO PAULO -Brazil's government said it was confident the Senate would pass a bill expanding income tax exemptions for the middle class, after the measure cleared the Lower House late...

US layoffs fall in September but year-to-date planned hiring at lowest in 16 years

WASHINGTON -U.S. employers announced fewer layoffs in September but hiring plans so far this year were the lowest since 2009, a report said on Thursday, adding to evidence of a labor market...

Prolonged US government shutdown could raise market risks

NEW YORK -Investors have anticipated for weeks the risks of a U.S. government shutdown to markets. Now that it is here, they are hoping it will be brief. A shutdown that lasts at least...

Darkness falls on dour US jobs market

A look at the day ahead in European and global markets from Kevin Buckland Investors already knew the U.S. labour market needed support, but there is something particularly ominous in...

US government shutdowns raise uncertainty but rarely have lasting effect on economy

The U.S. government shutdown has thrown the brakes on the flow of federal economic data at a moment of uncertainty and division among policymakers like those at the Federal Reserve about the health...