News Results

A look at the day ahead in markets from Stephen Culp, New York stock market reporter. U.S. stocks appeared to take a breather near the end of a month of solid gains, dipping into red as market participants gird their loins for multiple central bank policy decisions and a spate of high profile megacap earnings, with the Labor Department's hotly anticipated January employment report due on Friday.

Constellation Brands, Inc. (STZ), a leading beverage alcohol company, announced today that it priced the public offering of $500.0 million aggregate principal amount of 5.000%?Senior Notes due 2026 for a public offering price of 99.829% of the principal amount of the notes. Closing of the offering is expected to occur on February?2, 2023.

* * Megacap stocks lead earnings results this week. * MSCI index on track for biggest January pct gain since 2019. By Chuck Mikolajczak. A gauge of global stocks retreated on Monday after six sessions of gains while U.S. Treasury yields rose ahead of central bank policy announcements and data that may shed light on whether progress has been made in bringing down inflation.

Investors will likely sit on the sidelines until after this week's Federal Reserve Board rate announcement.

BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below.

The dollar rose on Monday, a day before the Federal Reserve was due to begin a two-day policy meeting, while the euro was boosted by unexpectedly high inflation data before the European Central Bank ...

* Canadian dollar weakens 0.5% against the greenback. * Touches its strongest since Nov. 16 at 1.3297. * Price of U.S. oil settles 2.2% lower. * 10-year yield touches a near three-week high. By Fergal Smith.

* * Megacap stocks lead earnings results this week. * MSCI index on track for biggest January pct gain since 2019. By Chuck Mikolajczak. A gauge of global stocks retreated on Monday after six sessions of gains while U.S. Treasury yields rose ahead of central bank policy announcements and data that may shed light on whether progress has been made in bringing down inflation.

GATX Corporation (GATX) announced today that Fitch Ratings, Inc. has assigned the Company a BBB+ Long-Term Issuer Default Rating with a stable outlook, a BBB+ senior unsecured debt rating, an F2 short-term IDR and an F2 commercial paper rating.

The SPDR S&P 500 ETF Trust was giving?up some of its January gains on Monday ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET on Wednesday. Market Expectations: The bond market is pricing in 98.1% chance of a 0.25% hike and a 1.9% chance of a 0.5% hike, according to CME Group. A month ago, the market was pricing in a 32.3% chance of only a 0.5% rate hike.

Mexico's economy likely grew between 2.9% and 3% in 2022, the country's Deputy Finance Minister Gabriel Yorio said in a press conference on Monday, marking a slowdown from the 5% advance recorded in 2021. The government official added the country's economy grew 2.9% through November 2022. Private sector analysts set their 2022 growth estimate for Mexico at 3% in a. survey published. in December.

TREASURIES-Yields tick higher as Fed hike, jobs report loom in week ahead

http://archive.fast-edgar.com/20230130/A822A22CZ22282I2222I2M42MLDLSC22X252 Filed on: January 30, 2023.

Mexico's public debt stood at 49.4% of the country's gross domestic product at the end of last year's fourth quarter, the finance ministry said in a statement Monday. Latin America's second-biggest economy expanded 2.9% through November, the statement added.

Analysts opine on the Federal Open Market Committee meeting, how high interest rates will go and when the first cut may happen.

Brazil's Finance Minister Fernando Haddad said on Monday that the new central bank monetary policy director could be tapped from the private sector, a closely followed position that should signal the president's relationship with policymakers.

* * Megacap stocks lead earnings results this week. * MSCI index on track for biggest January pct gain since 2019. By Chuck Mikolajczak.

* Apple (AAPL), Meta, Alphabet, Amazon.com (AMZN) slide ahead of earnings. * Fed decision on interest rates on Wednesday. * Indexes: Nasdaq down 1.15%, S&P falls 0.51%, Dow flat. By Shreyashi Sanyal and Johann M Cherian.

* Federal Reserve policy meeting on Jan. 31 - Feb. 1. * Benchmark U.S. 10-year yields at two-week high. By Seher Dareen. Gold prices edged up slightly in choppy trade on Monday as investors looked ahead to the U.S. Federal Reserve policy meeting this week amid expectations of a slowdown in rate hikes. Spot gold was up 0.1% to $1,928.39 per ounce by 10:28 a.m. ET.

Canada's main stock index was subdued on Monday, with energy and technology stocks among the top decliners, at the start of a week packed with interest rate decisions from central banks around the world. At 10:24 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 15.67 points, or 0.08%, at 20,698.81, paring losses after falling more than 0.5% at the open.

The SPDR S&P 500 ETF Trust is off to a strong start to 2023, and investors are hopeful that the stock market's 2022 struggles are now fully in the rearview mirror. Morgan Stanley's Take: On Monday, Morgan Stanley analyst Michael Wilson urged investors not to fight the Federal Reserve, which is expected to raise interest rates by another 0.25% on Wednesday.

The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day policy meeting, while the euro was boosted by unexpectedly high inflation data before the European ...

Wall Street's main indexes opened lower on Monday, with the tech-focused Nasdaq dropping nearly 1%, to kick-start the busiest week of the earnings season and ahead of key central bank meetings. The Nasdaq Composite dropped 109.37 points, or 0.94%, to 11,512.34 at the opening bell.

* Megacap growth stocks lead declines. * Fed decision on interest rates on Wednesday. * Futures down: Nasdaq 1.13%, S&P 0.80%, Dow 0.46% By Shreyashi Sanyal and Johann M Cherian. Jan 30 - Wall Street was set to open lower on Monday, with the tech-focused Nasdaq futures dropping more than 1%, at the start of the busiest week of the earnings season and ahead of key central bank meetings.

Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports. The heavyweight tech sector was among the biggest S&P 500 sector decliners on the day.

Russian e-commerce firm Ozon Holdings PLC (OZON): * Agrees with holders of its unsecured convertible dollar bonds to extend redemption long stop date to March 15 from Jan. 31; * Says that following the company's application to the UK sanctions authority on Oct. 19, 2022, it awaits communication from the UK sanctions authority indicating that no license or authorization is required in connection with t...

Kenya's central bank held its benchmark lending rate steady at 8.75% on Monday, its monetary policy committee said, saying its last hike in November was still working its way through the economy. Six out of nine market participants polled by Reuters had predicted the bank would hold the rate steady, while three expected it would be raised.

CGI Inc (GIB): * CGI Inc (GIB) - FIVE-YEAR CONTRACT EXTENSION WITH LAURENTIAN BANK OF CANADA. * CGI Inc (GIB) - CGI TO EXPAND DELIVERY OF BANKING TRANSFORMATION SERVICES OVER NEXT FIVE YEARS Source text for Eikon: Further company coverage:

The MSRB took no concrete actions at its meeting that ended last week, but discussed initiatives important to market participants.

Brazil's government debt as a share of gross domestic product ended 2022 at its lowest level in more than five years, central bank data showed on Monday, in a significant but not sustainable fiscal improvement as the debt dynamics should resume an upward trend this year.

Brazil's government debt as a share of gross domestic product fell to 73.5% in December from 74.6% in November and 78.3% a year earlier, central bank data showed on Monday. The country's public sector recorded a primary deficit of 11.813 billion reais in December, and a 125.994 billion reais surplus for 2022, its second straight positive annual print.

Stock markets worldwide halted their January rally on Monday, pausing for breath at the start of an agenda-setting week of central bank rate hikes and data releases that will clarify if progress has been made in the battle against inflation.

* * Technology giants lead host of earnings results. * Shares edge down after robust January rally. By Lawrence White. Stock markets worldwide halted their January rally on Monday, pausing for breath at the start of an agenda-setting week of central bank rate hikes and data releases that will clarify if progress has been made in the battle against inflation.

The euro rose on Monday after unexpectedly high Spanish inflation data raised expectations for a higher euro area print on Wednesday, while the dollar languished near an eight-month low ahead of a slew of central bank meetings this week.

Sterling edged lower against the U.S. dollar on Monday ahead of a number of central bank meetings this week including the Bank of England's, which is expected to hike rates for the 10th consecutive time. The BoE looks on course for its first rate rise this year, with markets pricing in a half percentage point increase to 4% on Thursday.

Chile's unemployment rate hit 7.9% in the October-December period, government statistics agency INE said on Monday, matching economists' forecasts in a Reuters poll and unchanged from the quarter through November.

Canada's resources-heavy main stock index futures fell on Monday, tracking declines in commodity prices while markets braced for a slew of interest rate decisions from major central banks this week. The S&P/TSX index futures were down 0.5% at 06:52 a.m. ET after the benchmark Canadian index closed higher on Friday, aided by a rise in technology stocks.

- The U.S. Treasury Department this week is likely to announce that it will offer fewer Treasury bills in the second quarter, after hitting its statutory borrowing limit.

Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports. The heavyweight tech sector dropped 1.9% while energy shed 2.3%, the biggest drop among the S&P 500 sectors.

* Futures down: Nasdaq 1.34%, S&P 0.99%, Dow 0.71%, Nasdaq led declines in U.S. futures on Monday, dropping more than 1%, with growth stocks falling at the start of a week packed with central bank rate decisions and earnings from several high-profile companies.