What’s likely to shake financial markets in coming days

Investors' upcoming week on Wall Street will be laser-focused on key jobs data as the last quarter of 2022 gets underway as well as corporate earnings from big names such as Conagra Brands, the...

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com -- Investors will be looking closely at Friday’s U.S. jobs report to assess how much impact the Federal Reserve’s rate hikes are having on the economy. Several Fed...

Fed Officials Begin to Split on the Need for Speed to Peak Rates

Federal Reserve officials are starting to stake out different views on how fast to raise interest rates. With Fed target range now at 3% to 3.25% and only a few moves from reaching forecast peak,...

Treasury yields slip across the board as stocks try to rebound

The yield on the benchmark 10-year Treasury was down 6 basis points to 3.686% at around 6:47 a.m. ET. The note has had a highly volatile week, soaring to a 14-year high before seeing its steepest...

Treasury yields slip across the board as stocks try to rebound

The yield on the benchmark 10-year Treasury was down 6 basis points to 3.686% at around 6:47 a.m. ET. The note has had a highly volatile week, soaring to a 14-year high before seeing its steepest...

S.Korea Aug factory output shrinks more than expected, retail sales jump

SEOUL - South Korea's factory production shrank for a second month in August, missing expectations, while retail sales jumped, government data showed on Friday. The country's industrial output...

Fed's Daly: 'Comfortable' with 4.5%-5% Fed policy rate in 2023

- San Francisco Federal Reserve Bank President Mary Daly on Thursday said she believes it will take raising interest rates to a 4.5%-5% range and holding them there through the end of 2023 to get...

U.S. lawmakers promise more money, weapons as Ukraine faces 'Hurricane Putin'

By Patricia Zengerle WASHINGTON - Democratic and Republican U.S. lawmakers said on Thursday they wanted to continue the flow of money and weapons for Ukraine's battle against Russia's invasion,...

Fed needs ways to adjust its balance sheet faster, says Daly

- The U.S. central bank needs to learn to be more nimble with its massive balance sheet, San Francisco Federal Reserve Bank President Mary Daly said on Thursday, citing lessons learned from late...

The Fed: Fed must try to avoid a ‘harsh recession,’ Daly says

The Federal Reserve must try to avoid a hard recession, said San Francisco Fed President Mary Daly on Thursday.

Fed's Daly: no U.S. recession needed to defeat high inflation

- The Federal Reserve needs to slow the U.S. economy and take the heat out of the strong jobs market to bring down corrosively high inflation, San Francisco Fed chief Mary Daly said on Thursday,...

Stocks Slide, Ugly Mood Returns As Traders Ask 'Did Anything Change'

Stocks Slide, Ugly Mood Returns As Traders Ask 'Did Anything Change' The brief post-BOE euphoria has worn off, and risk-off sentiment returned to markets as concern about inflation...

Here are the five things you need to know about Thursday's trading

GDP REVISION: The Commerce Department will release its final estimate of 2Q GDP. The Commerce Department is set to post the third and final estimate for second-quarter gross domestic product at...

Futures Rebound From 2022 Low After Bank Of England Panics, Restarts Unlimited QE

Futures Rebound From 2022 Low After Bank Of England Panics, Restarts Unlimited QE With everything biw breaking, including an explosive move in bond yields in the UK, 10Y yields rising...

10-year Treasury yield tops 4%, soaring to 14-year high

10-year Treasury yield up 3 basis points to 3.9945%. Earlier in the day, it rose as high as 4.019%. One basis point is equal to 0.01%. Traders were rattled by a series of Fed speaker comments...

Asian Stocks Tumble on Fed Jitters, Recession Risks

By Ambar Warrick Investing.com-- Asian stock markets slumped on Wednesday as hawkish comments from Federal Reserve officials brewed more concerns over heightened interest rates, pushing investors...

Fed's Daly: Do not want to tip economy into downturn

San Francisco Federal Reserve Bank President Mary Daly says the U.S. central bank is "resolute" about bringing down high inflation. Daly wants to do so "as gently as possible" so as not to drive...

Mary Daly says the Fed does not want to tip U.S. economy into downturn

San Francisco Federal Reserve Bank President Mary Daly says the U.S. central bank is "resolute" about bringing down high inflation. Daly wants to do so "as gently as possible" so as not to drive...

Fed's Daly: do not want to tip economy into downturn

- San Francisco Federal Reserve Bank President Mary Daly said on Tuesday that the U.S. central bank is "resolute" about bringing down high inflation but also wants to do so "as gently as possible"...

BOJ board agreed must be vigilant to sharp yen moves

By Leika Kihara TOKYO -Bank of Japan (BOJ) board members agreed that the central bank must scrutinise how the yen's recent sharp moves could affect inflation, minutes of the BOJ's July policy...

Powell Speech, Consumer Confidence, Nord Stream Leaks - What's Moving Markets By Investing.com

Bond markets are calmer, waiting to see if they can scare Federal Reserve Chair Jerome Powell into a more accommodating monetary policy. The pound is also steadier, after a not-entirely-convincing...

Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers

Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers First a quick word about the week which just passed: as DB's Jim Reid notes, "I think everyone felt they were...

Musk deposition, Bed Bath & Beyond reports, Amazon's event top week ahead

Investors are in for another wave of key earnings and economic data. Wall Street will also be watching for developments in the Musk-Twitter legal battle as the world's richest man gets put in the...

Stock futures are little changed as investors prepare for the S&P 500 to test its June low

U.S. equity futures were little changed Sunday evening after surging interest rates and foreign currency turmoil pushed the major averages to near their lows of the year. Dow Jones Industrial...

Over $540M Liquidated as Bitcoin, Ethereum Plummet

Bitcoin drops to weekly low of $21,814, down 6.9% on the day. Market capitalization of Bitcoin has more than halved, plummeting from $1.27 trillion last November to under $417 billion today. ETH,...

Fed officials say more rate hikes needed, despite slowing inflation

U.S. inflation may have opened the door for the Federal Reserve to temper the pace of coming interest rate hikes. But policymakers left no doubt they will continue to tighten monetary policy until...

Fed officials say more rate hikes needed, despite slowing inflation

U.S. Labor Department report Wednesday showed consumer prices didn't rise at all in July compared with June. Minneapolis Federal Reserve Bank President Neel Kashkari said the Fed is "far, far away...

Risk of significant reversal in gold price rally as inflation report looms, says TD Securities

U.S. economy added 528,000 jobs in July, gold lost 1% on Friday. TD Securities: Risk of significant reversal in gold price rally as inflation report looms. The July report more than doubled...

The market read the Federal Reserve all wrong

After embarking on an aggressive rate-hike spree this year, the Fed indicated it could downgrade the size of its hikes moving forward. "We've been front-end loading these very large rate...

Fed will ‘absolutely’ raise interest rates in September with focus to lower inflation: SF Fed pres Mary Daly

Federal Reserve Bank of San Francisco President Mary Daly said the U.S. central bank will "absolutely" raise interest rates half a percent in September. Daly said Americans are struggling as...

One-Stop Business News backed by Mark Cuban. Free to Use →