(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. lawmakers’ negotiations to raise the governmen[...]
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May 25, 2023
Wall Street ends higher as Nvidia sparks rush for AI stocks
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker’s stock soaring and fueled a rally i[...]
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New Zealand consumer confidence flat in May -ANZ-Roy Morgan
SYDNEY (Reuters) – Consumer confidence in New Zealand was flat in May compared with the prior month and remained very subdued as consumers remained under pressure amid high inflationary pressure[...]
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US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) – Clearing houses and their members are working out how to treat certain U.S. Treasury bills and bonds commonly used as co[...]
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Brazil cenbank chief says new fiscal bill good sign for inflation
BRASILIA (Reuters) -Brazilian central bank chief Roberto Campos Neto said on Thursday that a fiscal framework bill approved a day earlier by the country’s lower house has had a positive impact o[...]
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Marketmind: Happy Friday, it’s AI boom time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could be poised to end a volatile and dramatic week on a strong note on Friday, especiall[...]
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Cuba says no quick fix as economic crisis drags on
HAVANA (Reuters) – There is no quick fix for Cuba’s sputtering economy, its economy minister said on Thursday, as inflation, fuel shortages, plunging farm production and a cash crunch drag[...]
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Nvidia fuels Wall Street gains; gold falls to two-month low
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday, as forecast-smashing reve[...]
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U.S. Treasury debt announcement signals to some June 1 is not ‘X-date’
(Reuters) -The U.S. Treasury on Thursday announced a slate of T-bill auctions for early next week that some market participants see as an indication that the debt ceiling’s so-called “X-da[...]
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