By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for the Bank of Canada (BoC) to consider ahead of its policy announcement next week because the longer it drags on[...]
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July 6, 2023
Marketmind: Markets buckle under US rates, China blues
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for a torrid end to the week on Friday as another s[...]
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Fed lending to banks eases a bit in latest week
NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank’s discount window stood at $3.4 billion on[...]
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Market surveys show Wall Street expected less hawkish Fed outlook
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out an outlook that was more hawkish than what Wall Street’s biggest banks ha[...]
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Dollar eases after strong labor market reports
By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest ra[...]
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U.S. mortgage rates rise to 6.81%, highest level this year -Freddie Mac
NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of 2023, according to Freddie Mac’s mortgage market survey. Mortgage rates have ri[...]
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Oil near flat as tighter supplies offset U.S. rate hike risk
By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat on Thursday as the market weighed tighter U.S. crude supplies with the higher likelihood of a U.S. interest rate hike that could dent e[...]
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US bank stocks fall as investors turn jittery ahead of Q2 results
By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in re[...]
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UK house building slumps as interest rates rise
By David Milliken and Andy Bruce LONDON (Reuters) -British house building fell in June at the sharpest pace in more than 14 years, apart from two months early in the COVID-19 pandemic, as higher borro[...]
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