By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive share[...]
Read more
November 18, 2022
Fed’s Collins: Another 75-bps hike could be ahead
By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston leader Susan Collins said on Friday that with little evidence price pressures are waning, the Fed may need to deliver another 75-ba[...]
Read more
Fed’s Collins declines to say how far Fed will hike rates
By Michael S. Derby BOSTON (Reuters) – Federal Reserve Bank of Boston President Susan Collins on Friday declined to say how far the central bank will need to raise rates given uncertainty over t[...]
Read more
U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data
NEW YORK (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time since mid-July 2021, according to calculations by Reuters and U.S. Commodity F[...]
Read more
Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall ne[...]
Read more
Falling Q4 profit forecasts another negative for U.S. stocks
By Caroline Valetkevitch NEW YORK (Reuters) – After a disappointing third-quarter reporting period, analysts are projecting that fourth-quarter U.S. earnings will decline for the first time in t[...]
Read more
Dollar gains with bond yields up, Fed in focus
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar gained slightly on Friday and remained on track for its largest weekly gain in over a month as investors eyed rising bond[...]
Read more
Fiscal conflict posed by Brazil’s government-elect shows ignorance, says Guedes
BRASILIA (Reuters) -Brazilian Economy Minister Paulo Guedes said on Friday the alleged conflict between social needs and fiscal sustainability posed by the new government-elect reveals ignorance and t[...]
Read more
NY Fed: Bank liquidity may be tighter than thought, with policy implications
By Michael S. Derby (Reuters) – The way the banking system manages its cash suggests the financial system may not be as flush as many now understand, and that could have implications for how the[...]
Read more