The Bank of Japan is likely to revise up its economic and inflation forecasts in its next quarterly review, which could pave the way for an interest rate hike in October, the central bank's former board member Seiji Adachi told Reuters.
* Solid Q2 GDP may lead to upgrade in BOJ's growth forecast. * BOJ to hold off raising rates until March if it focuses on risks. * Oct hike can't be ruled out if growth, price f'casts revised up. * Tankan survey may sway BOJ's decision on rate-hike timing. By Leika Kihara and Takahiko Wada.
* Fed Chair Powell emphasizes delicate balance between jobs and inflation. * Aussie firms as hot headline CPI spurs slight reduction in easing bets. * NZ dollar steady after Riksbank's Anna Breman named as next RBNZ chief. * Yen drifts lower as traders assess candidates for Japanese prime minister. By Kevin Buckland.
New Zealand's first foreign central bank governor in modern history takes the top job amid heightened criticism of the bank's management of the economy and as independent monetary policy around the world comes under political pressure.
New Zealand's first foreign central bank governor in modern history takes the top job amid heightened criticism of the bank's management of the economy and as independent monetary policy around the world comes under political pressure.
Galaxy Digital Inc. CEO Mike Novogratz said in an interview aired Tuesday that the political landscape could influence the cryptocurrency cycle, depending on President Donald Trump?s choice for the next Federal Reserve Chair.
* Fed's Powell strikes middle path on inflation, jobs. * Trump says Ukraine can retake all its land from Russia. * US Personal Consumption Expenditures index data due on Friday. By Anmol Choubey.
The Australian Securities Exchange must make "foundational changes" to its governance, culture and risk management after last year's trading settlement failure, the country's central bank said on Wednesday. The Reserve Bank of Australia also warned ASX's clearing and settlement units still fall short of key regulatory standards and pledged to monitor progress closely.
* Fed Chair Powell reiterates delicate balance between jobs and inflation. * Aussie firms as hot headline CPI readings spurs reduction in easing bets. * NZ dollar steady after Riksbank's Anna Breman named as next RBNZ chief. By Kevin Buckland.
The U.S. dollar gained against?peers including the yen, Swiss franc and euro on Wednesday, after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing overnight. The dollar strengthened 0.54% to 0.795 against the Swiss franc, on track to snap two consecutive sessions of losses. The euro was lower against the dollar after German business morale fell unexpectedly in September.
New Zealand on Wednesday appointed Anna Breman as the country's new central bank governor, making her the first woman in the position. Here's what we know about the new Reserve Bank of New Zealand Governor: * Breman was appointed First Deputy Governor of the central bank of Sweden, called the Riksbank, in September 2022 for a term that expires November 30, 2025.
Australian consumer prices rose at the fastest annual pace in a year in August after a hot July, suggesting some upside to inflation that prompted markets to pare back the chances of imminent policy easing. The Australian dollar rose 0.3% to $0.6619, while three-year government bond futures fell 7 ticks to 96.45, the lowest in three weeks.
New Zealand on Wednesday named Swedish national Anna Breman as its new central bank governor, the first woman in the role who joins following a major shakeup at the bank amid criticism over its management of the economy.
* Breman praised RBNZ's global reputation and staff dedication. * Breman is first female RBNZ governor. * New governor faces challenges with government criticism and economic downturn. By Lucy Craymer.
Gold held steady near a record high
on Wednesday as investors assessed U.S. Federal Reserve Chair
Jerome Powell's cautious comments on interest rate cuts while
awaiting a key inflation report ...
MSCI's global equities gauge fell on Wednesday while the dollar rose and gold prices dipped, as investors digested cautious comments from Federal Reserve Chair Jerome Powell about when the central bank might next cut U.S. interest rates.
New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country's new central bank governor, making her the first woman in the role.
Japan's manufacturing sector activity fell at the fastest pace in six months in September, driven by further declines in new orders, a private sector survey showed on Wednesday.
The dollar hovered near its weakest level in close to a week on Wednesday with traders expecting two more U.S. interest rate cuts this year, even after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing.
The dollar hovered near its weakest level in close to a week on Wednesday with traders expecting two more U.S. interest rate cuts this year, even after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing.
Gildan Activewear Inc. (GIL) announced today that it has priced an offering of US$1.2 billion aggregate principal amount of senior unsecured notes in two series, consisting of US$600 million aggregate principal amount of 4.700% senior unsecured notes, due October 7, 2030 and US$600 million aggregate principal amount of 5.400% senior unsecured notes, due October 7, 2035.
* Wall Street's tech-fuelled rally breaks. * Treasury yields slide after Powell signals caution. * Nvidia (NVDA), tech stocks, give back some of Monday's gains. * Gold hits a fresh high. By Isla Binnie and Stephen Culp.
COPT Defense Properties (CDP) said late Tuesday an operating partnership has priced an underwritten public offering of $400 million of 4.500% senior notes due 2030. The company said the partnership plans to use the proceeds for general corporate purposes. MT Newswires does not provide investment advice.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist?. U.S. stocks slid on Tuesday in a wave of profit-taking from the previous day's highs, as investors digested cautious remarks from Federal Reserve Chair Jerome Powell and data that showed U.S. business activity slowing for a second straight month.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist. U.S. stocks slid on Tuesday in a wave of profit-taking from the previous day's highs, as investors digested cautious remarks from Federal Reserve Chair Jerome Powell and data that showed U.S. business activity slowing for a second straight month.
US equities retreated following a three-day advance to all-time highs as Federal Reserve Chair Jerome Powell highlighted a "challenging situation" that the central back faces with respect to its dual mandate.
COPT Defense Properties (CDP) announced that its operating partnership, COPT Defense Properties (CDP), L.P., priced an underwritten public offering of $400 million of 4.500% Senior Notes due 2030. Wells Fargo Securities, LLC, PNC Capital Markets LLC, TD Securities LLC, and KeyBanc Capital Markets Inc., are acting as joint book-running managers for the Offering.
Market euphoria could carry U.S. stocks another 20% higher before giving way to a collapse on the scale of the 1929 crash that ushered in a global recession, according to tail-risk hedge fund Universa Investments. The benchmark S&P 500 has gained about 13% this year, hitting a fresh record high on Monday after the Federal Reserve last week cut interest rates for the first time since December.
* Tail-risk hedge fund Universa sees stocks surging further before 1929-like crash. * Delayed effects of rate hikes will cause downturn but process may take time. By Davide Barbuscia. Market euphoria could carry U.S. stocks another 20% higher before giving way to a collapse on the scale of the 1929 crash that ushered in a global recession, according to tail-risk hedge fund Universa Investments.
US equity indexes were mixed on Tuesday after US Federal Reserve Chair Jerome Powell said during a speech that the Fed sees no "risk-free path" to lowering rates. * The US Federal Reserve sees no "risk-free path" to cutting interest rates, Chair Jerome Powell said Tuesday, warning of a difficult balancing act between curbing inflation and protecting the labor market.
Broadstone Net Lease, Inc. (BNL), today announced that Broadstone Net Lease, LLC, its operating partnership, has priced a public offering of $350 million aggregate principal amount of 5.000% senior unsecured notes due 2032.
It's no surprise that casino giant Caesars Entertainment Inc (CZR) has been a serious laggard this year. On the broader level, the Federal Reserve cut its benchmark interest rate by 25 basis points to 4.00%-4.25%. Not only was the move the first cut since December of last year, policymakers signaled that further easing may follow.
US equity indexes were lower after the close on Tuesday after US Federal Reserve Chair Jerome Powell said during a speech today that equity prices are "fairly highly valued." He highlighted that the Fed would move more cautiously on rate cuts as the central bank looks to balance near-term risks to inflation with a weakening labor market. "Two-sided risks mean that there is no risk-free path.
Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund shedding 0.5%. The Philadelphia Housing Index was easing 0.3%, and the Real Estate Select Sector SPDR Fund rose 0.8%. In economic news, the US Q2 current account deficit narrowed to $251.31 billion from $439.82 billion in the prior quarter, compared wi...
* Boeing rises on Uzbekistan deal, potential China order. * AutoZone (AZO) falls after Q4 profit falls short of estimates. * Powell strikes middle path on inflation, jobs. By Caroline Valetkevitch. U.S. stocks finished lower on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank needs to balance inflation concerns with a weakening job market in its coming interest rate decisions.
?. Eaton Vance California Municipal Bond Fund (EVM) and Eaton Vance New York Municipal Bond Fund (ENX) announced the results of each Fund?s Annual Meeting of Shareholders held on September 23, 2025. Liquidation. Each Fund plans to direct its transfer agent to close the books on its shares at the close of business on October 24, 2025.
US equity indexes were lower ahead of the close on Tuesday after US Federal Reserve Chair Jerome Powell said during a speech today in Rhode Island that the Fed sees no "risk-free path" to lowering rates as the central bank faces a "challenging situation" in balancing inflation risks with the softening labor market.
* Treasuries slip after earlier gains on last week's Fed rate cut. * Market digests Fed Chair Powell's cautious remarks. * Treasury sold $69 billion in two-year notes Tuesday. By Matt Tracy. Sept 23 - U.S. Treasury yields declined on Tuesday following remarks by Federal Reserve Chair Jerome Powell pointing to caution around the U.S. central bank's next interest rate decision.
* Wall Street's tech-fuelled rally breaks. * Treasury yields dip after Powell signals caution. * Nvidia (NVDA), tech stocks, give back some of Monday's gains. * Gold hits a fresh high. By Isla Binnie and Stephen Culp.
Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund shedding 0.7%. The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund rose 0.5%. In economic news, the US Q2 current account deficit narrowed to $251.31 billion from $439.82 billion in the prior quarter, compared wi...
The Federal Reserve is facing a "challenging situation" ahead with respect to its dual mandate of price stability and maximum employment, Chair Jerome Powell said Tuesday.
-The Federal Reserve delivered a widely expected quarter-of-a-percentage point rate cut at its September 16-17 meeting and signaled some further gradual cuts ahead to support the labor market even as inflation remains above target.
The ever-rising cost of projects is the number one financial challenge for municipalities, according to the latest survey from the National League of Cities.
Fed Chairman Jerome Powell repeated his recent comments that the stance of monetary policy remains "modestly restrictive" and the Federal Open Market Committee is in a good position to deal with any developments of the economy, noting that downside risks to employment have increased but noting that inflation remains a concern.
Bank of Canada Governor Tiff Macklem on Tuesday expressed concern about President Donald Trump's attempts to pressure the U.S. Federal Reserve, saying his actions had started to hit financial markets. In his first observations on Trump's efforts to influence Fed decision making, Macklem said the impact could be seen on the U.S. dollar.
* Treasuries slip after earlier gains on last week's Fed rate cut. * Market digests Fed Chair Powell's cautious remarks. * Treasury sold $69 billion in two-year notes Tuesday. By Matt Tracy. Sept 23 - U.S. Treasury yields on Tuesday inched lower following remarks from Federal Reserve Chair Jerome Powell pointing to caution around the U.S. central bank's next interest rate decision.
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.
Log In Required
Publication Date