By Promit Mukherjee OTTAWA (Reuters) -Canada’s economy grew faster than expected in the second quarter, data showed on Friday, but analysts said the central bank was still on track to cut rates[...]
Read more
Articles
US bond funds see sharp inflows amid bets of rate cut
(Reuters) – U.S. bond funds racked up solid inflows in the week to Aug. 28 thanks to a robust purchase in government bond funds, driven by bets of a Federal Reserve interest rate cut in Septembe[...]
Read more
US economy displays resilience with low layoffs, solid second-quarter growth
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming[...]
Read more
US regulator finds banks have work to do on climate risk, sources say
By Isla Binnie and Nupur Anand NEW YORK (Reuters) – A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to[...]
Read more
Instant view: No surprises from US PCE inflation to alter Fed easing path
(Reuters) – The personal consumption expenditures (PCE) price index rose 0.2% last month after an unrevised 0.1% gain in June, the Commerce Department said on Friday, matching economists’[...]
Read more
Global bond funds gain solid inflows amid rate-cut expectations, Middle East tensions
(Reuters) – Global bond funds attracted the biggest weekly inflow in six weeks in the seven days to Aug. 28, buoyed by heightened purchases of government bonds amid anticipation of a September F[...]
Read more
Lowest euro zone inflation in 3 years sets up ECB for cut
By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the euro zone fell to its lowest level in three years in August, setting the stage for a further cut in the European Ce[...]
Read more
Morning Bid: Record highs abound, except in usual place
A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again – though not yet for the usual suspects in the S&P500 and[...]
Read more
China’s mortgage loans fall, property development loans rise
BEIJING (Reuters) – China’s mortgage loans dropped further at the end of June while property development loans picked up, central bank data showed on Friday, as authorities seeks to put a[...]
Read more
German inflation falls to 2.0% in August, aiding ECB rate cuts
By Maria Martinez BERLIN (Reuters) – German inflation fell more than expected in August, declining to its lowest level in more than three years and making it easier for the European Central Bank[...]
Read more