With the Norwegian inflation figures for January, even those who still had doubts despite the recent statements made by Norges Bank should now realize that interest rate cuts by Norway's central bank are off the table for the time being, said Commerzbank. This is because inflation rates rose to 3.6% and 3.4% year-on-year, wrote the bank in a note to clients.
Georgia's central bank Wednesday said its Monetary Policy Committee decided to keep the monetary policy rate unchanged at 8.0%. The overall price level in Georgia increased by 4.8% year-on-year in January.
With inflation in Switzerland declining sharply, the Swiss central bank cut its policy rate from 0.5% to 0% in the first half of 2025, said UBS. In the second half, it remained unchanged, noted the bank. The SNB stated last July that the threshold for reducing rates into negative territory was high, pointed out UBS.
The US economy added more jobs than projected in January, while the unemployment rate slipped, delayed official data showed Wednesday. Total nonfarm payrolls rose by 130,000 last month, the Bureau of Labor Statistics said, double the 65,000 increase expected in a Bloomberg-compiled survey.
Zambia's central bank Wednesday said its Monetary Policy Committee decided to reduce the Monetary Policy Rate by 75 basis points to 13.5%. The MPC took into account the further decline in inflation in Q4 2025, the projected faster fall of inflation into the 6%-8% target band than was forecast in November 2025, and the need to maintain an appropriate monetary policy stance, noted BoZ.
Gevo (GEVO) said Wednesday that it closed a refinancing transaction on Feb. 6 to simplify its capital structure. The company said it redeemed all $68 million of existing tranches of bonds relating to its renewable natural gas subsidiary, freeing up more than $35 million of previously restricted cash without a material change to its outstanding debt and with lower administrative costs.
Gold rose early Wednesday, firming above the US$5,000 mark even as treasury yields and the dollar climbed after the United States reported it added more new jobs than expected in January. Gold for March delivery was last seen up US$33.00 to US$5,064.00 per ounce.
The January employment report showed nonfarm payrolls rose by 130,000, double the 65,000 jobs increase expected in a survey compiled by Bloomberg, but December payrolls were revised down to a 48,000 increase and November payrolls were revised down to a 41,000 increase, for a net downward revision of 17,000 jobs over the two months.
InPlay Oil Wednesday said it completed its previously announced offering of 550 million New Israeli Shekels principal amount of senior unsecured bonds in Israel. The company said that the bonds bear interest at a rate of 6.23% per annum and are due Dec. 15, 2030. The company also announced that it completed the listing of its common shares and the bonds on the Tel Aviv Stock Exchange.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust was up 0.1% and the actively traded Invesco QQQ Trust was 0.2% higher in Wednesday's premarket activity, ahead of the delayed employment report. US stock futures were also higher, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.2% before the start of regular trading.
Argentina's January consumer price index printed at 2.9% month over month, or 32.4% year over year, which is above the market consensus of 2.4%, while marking the highest. monthly reading since last April, said BBVA Research.
US stock futures were trending higher on Wednesday as traders awaited key employment data for last month. The S&P 500 edged up 0.1% in premarket activity, while the Nasdaq and the Dow Jones Industrial Average gained 0.2% each. The nonfarm payrolls report for January is due at 8:30 am ET.
PulteGroup (PHM) said late Tuesday it has priced an underwritten public offering of $400 million of 4.250% senior notes due March 1, 2031, at 99.658% of the principal amount. The firm said it also priced $400 million of 4.900% senior notes due March 1, 2036, at at 99.038% of the principal amount.
US equity indexes were mixed Tuesday after reports of weaker-than-expected retail sales data and a fall in government bond yields. * Retail sales unexpectedly remained flat in December, the US Census Bureau said Tuesday, as consumer spending did not increase despite the holiday season starting strongly.
Financial stocks were lower late Tuesday afternoon, with the NYSE Financial Index shedding 0.4% and the State Street Financial Select Sector SPDR ETF falling 0.8%. The Philadelphia Housing Index was up 3.5%, and the State Street Real Estate Select Sector SPDR ETF added 1.6%. Bitcoin was declining 1.9% to $68,855, and the yield for 10-year US Treasuries dropped 5 basis points to 4.15%. In econom...
Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index shedding 0.4% and the State Street Financial Select Sector SPDR ETF falling 0.8%. The Philadelphia Housing Index was up 3.5%, and the State Street Real Estate Select Sector SPDR ETF added 1.6%. Bitcoin was declining 1.9% to $68,855, and the yield for 10-year US Treasuries dropped 5 basis points to 4.15%...
US nonfarm payrolls are expected to rise by 67,000 in January after a 50,000-jobs gain in December, based on a survey compiled by Bloomberg, while the unemployment rate is expected to remain at 4.4%. The January employment report is due to be released at 8:30 am ET Wednesday.
Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index shedding 0.6% and the State Street Financial Select Sector SPDR ETF falling 1.4%. The Philadelphia Housing Index was up 2.8%, and the State Street Real Estate Select Sector SPDR ETF added 1.2%. Bitcoin was declining 0.8% to $69,569, and the yield for 10-year US Treasuries was dropping 5 basis points to 4.15%...
Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.2% and the State Street Financial Select Sector SPDR ETF down 0.9%. The Philadelphia Housing Index was climbing 2.8%, and the State Street Real Estate Select Sector SPDR ETF added 1.2%. Bitcoin was declining 0.8% to $69,569, and the yield for 10-year US Treasuries was dropping 5 basis point...
US equity indexes traded mixed while government bond yields declined in midday trading on Tuesday as investors weighed an unexpected pause in December retail sales. The Dow Jones Industrial Average climbed 0.6% to 50,431.8, after scaling a new peak of 50,512.79, according to data compiled by CNBC.
While the unemployment rate in France rose by more than expected, eurozone sovereign bonds followed United States Treasuries higher on an otherwise quiet Tuesday for economic data, said Daiwa Capital Markets. In terms of economic data, the coming two days should be relatively quiet for the eurozone, noted the bank.
Morgan Stanley said it expects a 100bps cut on Thursday from Egypt's central bank. While supportive fundamentals could justify a larger 200bps move, geopolitical uncertainty and seasonal pressures around Ramadan could potentially lead to a cautious Monetary Policy Committee with a hold, stated the bank. MT Newswires does not provide investment advice.
US retail sales unexpectedly held steady in December, the Census Bureau said Tuesday, as consumers appeared to pull back on spending at the end of 2025 after kicking the holiday season off at a strong pace. A flat reading compares with the Bloomberg-compiled consensus that called for a 0.4% rise.
Peru's central bank is expected to stay on hold at a reference rate of 4.25% on Thursday, said Scotiabank. BCRP hasn't budged from there since last September and has held for four consecutive meetings, noted the bank.
Kenya's central bank Tuesday said its Monetary Policy Committee decided to lower the Central Bank Rate by 25 basis points to 8.75%. Kenya's overall inflation declined to 4.4% in January 2026 from 4.5% in December 2025, and remained below the mid-point of the target range of 5%, more or less 2.5 percentage points, noted the central bank.
Alexandria Real Estate Equities (ARE) said Tuesday it has launched an underwritten public offering of senior notes, subject to market conditions. Alexandria said it expects to use the proceeds primarily to repay commercial paper borrowings tied to its previously announced cash tender offer for outstanding senior unsecured notes.
The quarterly US employment cost index rose by 0.7% in Q4, slower than the 0.8% gain in the previous quarter, the US Bureau of Labor Statistics reported on Tuesday. This was below the consensus expectations of a 0.8% gain in a survey compiled by Bloomberg. Benefits costs rose by 0.7% in the quarter after a 0.8% gain in previous quarter, the same as for wage growth.
US retail sales were virtually steady in December, below a 0.4% increase expected in a survey compiled by Bloomberg and following the previous month's 0.6% gain. Excluding a 0.2% decrease in motor vehicle sales, retail sales were still flat compared with an expected 0.4% gain.
Things were looking up in Canada near the end of 2025, but roughly two months later, things looked very different, said National Bank of Canada. Hiring has come back to earth and measures of labor demand remain depressed, noted the bank. Even inflation, which had been running warm, has cooled off "materially" in recent months, pointed out National Bank.
The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, ahead of a busy day of economic data releases, starting with retail sales and import and export price data for December and the employment cost index for Q4, all at 8:30 am ET.
Financial stocks were lower in Monday late afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.6%. The Philadelphia Housing Index was decreasing 0.4%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was rising 0.7% to $70,815, and the yield for 10-year US Treasuries was slightly lower at 4...
US consumers expect lower inflation a year from now, while their overall labor market outlook generally improved, a survey by the Federal Reserve Bank of New York showed Monday. Median year-ahead inflation was seen at 3.1% in January, down by 0.3 percentage point from the previous month's outlook, according to the survey.
Financial stocks were mixed in Monday late afternoon trading, with the NYSE Financial Index adding 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.4%. The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was rising 0.7% to $70,815, and the yield for 10-year US Treasuries was slightly lower at 4...
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was easing 0.1% to $70,252, and the yield for 10-year US Treasuries was slightly higher ...
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was easing 0.1% to $70,252, and the yield for 10-year US Treasuries was slightly higher ...
Total Canadian employment declined 25,000 in January, with part-time employment slipping 69,700, offsetting a 44,900 rise in full-time employment, said UBS after Friday's Labour Force Survey. The unemployment rate slipped back 0.3 percentage points to 6.5% in January, its lowest level since September 2024, largely on the back of a shift lower in labor-force participation, noted the bank.
The Bank of Canada is expected to raise rates by 25 basis points in Q2 2027, according to a survey of market participants published by the BoC on Monday. The BoC's Q4 Market Participants Survey, conducted Dec. 16-30, showed a median of the participants forecasting the central bank to raise the policy rate by 25bps to 2.50 in Q2 2027, rising to 2.75% in Q4 2027.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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