By Steven Scheer JERUSALEM (Reuters) -The Bank of Israel kept interest rates unchanged on Wednesday for the fifth-straight meeting, citing geopolitical uncertainty that has raised economic risks, alon[...]
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Brazil creates fewer-than-expected formal jobs in July
BRASILIA (Reuters) – Brazil’s economy created a net 188,021 formal jobs in July, labor ministry data released on Wednesday showed, slightly below the expectation of 190,000 jobs from econo[...]
Read moreInsurance, chemical stocks keep STOXX 600 at over one-month high
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and chemical stocks ahead of closely-watche[...]
Read moreUS clean energy jobs growth rate double that of overall jobs, report says
By Timothy Gardner WASHINGTON (Reuters) -Jobs in the U.S. clean energy industry in 2023 grew at more than double the rate of the country’s overall jobs, and unionization in clean energy surpasse[...]
Read moreIMF team to visit Ukraine next week for budget and loan review, Bloomberg News reports
(Reuters) – The International Monetary Fund will meet with Ukrainian officials next week to review the war-torn country’s budget outlook and decide whether to disburse the next $1.1 billio[...]
Read moreUK’s finance watchdog launches probe into pure protection insurance sector
By Sinead Cruise LONDON (Reuters) -Britain’s Financial Conduct Authority said on Wednesday it would launch a market study into so-called pure protection insurance product sales, amid fears that[...]
Read moreBrazil’s central bank chief wants flexibility for next rate decision
By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank has provided no guidance for its upcoming policy meeting because of its need for flexibility at this time as it tries to bring inflatio[...]
Read moreUS 30-year mortgage rate falls to lowest since April 2023
(Reuters) – The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve Chair Jerome Powell signaled the central bank was ready to lower borrowin[...]
Read moreUS companies return to currency options to hedge election, macro risks
By Laura Matthews NEW YORK (Reuters) – U.S. corporations are turning to foreign exchange options again to protect their cash flow as they fear the U.S. presidential election and diverging centra[...]
Read moreMorning Bid: As Nvidia awaited, Treasuries absorb new deluge
A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia’s post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern, while U.S. Treasury m[...]
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