Futures tied to Canada's main stock index edged higher on Friday, as growing hopes of a near-term Federal Reserve rate cut overshadowed concerns over a U.S. government shutdown. The S&P/TSX index futures contracts were up 0.42% at 1,784.60 points as of 06:07 a.m. ET.
-Federal Reserve Bank of New York President John Williams said Friday that unpredictable change is inevitable and central banks need to be aware of that and have strategies to operate in those environments. Williams' comments, which came in prepared remarks for an event in Amsterdam, did not address the outlook for U.S. monetary policy.
Federal Reserve Bank of New York President John Williams said Friday that unpredictable change is inevitable and central banks need to be aware of that and have strategies to operate in those environments. Williams' comments, which came in prepared remarks for an event in Amsterdam, did not address the outlook for U.S. monetary policy.
AUSTIN, Texas and TOKYO, Oct. 3, 2025 According to?DataM Intelligence, the Active Pharmaceutical Ingredients Market?Size reached US$ 238.7 Billion in 2024, up from US$ 224.7 Billion in 2023, and is projected to grow to US$ 428.5 Billion by 2033, recording a CAGR of 6.8% between 2025?2033.
* FTSE 100 up 0.6%, FTSE 250 rises 0.7% * Diploma shares rise after RBC rating upgrade. * JD Wetherspoon falls after flagging higher costs. * UK business activity grows at slowest pace in 5 months- PMI.
* European stock have best week since April U.S. shut down means no jobs report on Friday Gold set for seventh straight weekly gain. * Yen on pace for strongest week vs dollar since May. By Marc Jones.
* Dollar weakens slightly versus major peers. * BOJ's Ueda cautious on global economy, lowering imminent rate-hike bets. * FedWatch Tool shows 89% probability of December rate cut. * Dollar rebounds despite U.S. government shutdown. By Rocky Swift and Lucy Raitano.
British business activity grew at the slowest pace in five months in September as companies and consumers put big spending decisions on hold as they waited to see if they would be hit by tax rises in November's budget, a survey showed on Friday.
Growth in the euro zone services sector accelerated slightly in September to an eight-month high, although the expansion remained modest with hiring stalling amid a limited improvement in demand, a survey showed. The HCOB Eurozone Services PMI Business Activity Index rose to 51.3 in September from 50.5 in August, S&P Global reported.
* Gold up 2% so far this week. * Traders price in 25-bp Fed rate cut this month. * Government shutdown delaying jobs, other data. By Anmol Choubey and Anushree Mukherjee. Gold prices held steady on Friday, poised for a seventh consecutive weekly rise, as expectations of further U.S. interest rate cuts and concerns over the economic impact of a prolonged government shutdown lent support.
Taiwan and Singapore stocks hit fresh
records on Friday, leading a week of gains across emerging Asia
as investors piled into risk assets on mounting bets of a
Federal Reserve rate cut this month, ...
?. City Of Goteborg. SEK 650,000,000.00 MTN. Floating Rate Green Bonds due 2028. Series GB25 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. SEK 3,810,245.83. POOL FACTOR. View source version on businesswire.com: https://www.businesswire.com/news/home/20251002708663/en/ Source: Deutsche Bank AG.
* Global stocks look past US shutdown, focus on rate cuts. * No jobs report on Friday, investors take cues from elsewhere. * Gold eases slightly from record highs. * Yen on pace for strongest week vs dollar since May. By Ankur Banerjee.
By Laura Matthews and Saqib Iqbal Ahmed. The long-awaited resumption of the Federal Reserve's rate-cutting cycle is likely to cheapen hedging of dollar exposure for foreign investors and increase their motivation to guard more of their U.S. assets against further currency weakness.
The death toll in Vietnam from Typhoon Bualoi and the floods it triggered has risen to 51, according to a Friday government report, as the central bank urged banks to support affected businesses.
Taiwan stocks scaled fresh peaks on
Friday, capping a week in which most emerging Asian markets
notched gains as investors shrugged off U.S. government shutdown
fears and leaned into bets on a ...
* Gold up 2.4% so far this week. * Traders price in 25-bp Fed rate cut this month. * Perth Mint's September gold sales rise 21% m/m. By Brijesh Patel. Gold held steady on Friday and was set for a seventh straight weekly gain, buoyed by expectations of further U.S. interest rate cuts this year and worries over the impact of a U.S. government shutdown.
* LDP election to decide Japan's next prime minister. * Yen still well bid for week as BOJ primed for near-term rate hike. * U.S. government shutdown impacts economic data release. * Canadian dollar hits four-month low on oil price slide. By Rocky Swift.
Gold held steady on Friday and was set
for a seventh straight weekly gain, buoyed by expectations of
further U.S. interest rate cuts this year and worries over the
impact of a U.S. government shutdown.
Asian stocks were set for solid weekly gains on Friday as rising odds of the Federal Reserve cutting rates in the near-term helped cushion jitters around a U.S. government shutdown that have pushed gold to record highs and weighed on the dollar.
Japan's service sector activity extended solid gains in September, buoyed by strong domestic demand and in sharp contrast to shrinking factory activity, a private-sector survey reported on Friday.
After the Federal Reserve resumed its interest rate-cutting cycle last month, Chair Jerome Powell signaled that incoming U.S. economic data would play an even more critical role than usual in determining the central bank's next steps.
* Subdued market reaction seen from Koizumi victory. * Win by dovish Takaichi could steepen yield curve, weaken yen. * Dark horse Hayashi supports BOJ rate hikes, opposes large stimulus. By Junko Fujita and Kevin Buckland. Japanese markets are bracing for a crucial ruling party vote this weekend that will determine the next prime minister and set the tone for budget and central bank policies.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Top Layer Reinsurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Top Layer?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and very strong enterprise risk management.
AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of ?aa-? of Renaissance Reinsurance Ltd., Renaissance Reinsurance U.S. Inc., RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Designated Activity Company and RenaissanceRe Europe AG.
AM Best has downgraded the Financial Strength Rating to C++ from B- and the Long-Term Issuer Credit Ratings to ?b+? from ?bb-? of Oregon Mutual Insurance Company and Western Protectors Insurance Company, which are domiciled in McMinnville, OR and collectively referred to as Oregon Mutual Group.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist?. Stock markets around the world leaped to new highs on Thursday, propelled by optimism around the AI boom and hopes for further U.S. interest rate cuts, as investors shrugged off the U.S. government shutdown which entered its second day. More on that below.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist Stock markets around the world leaped to new highs on Thursday, propelled by optimism around the AI boom and hopes for further U.S. interest rate cuts, as investors shrugged off the U.S. government shutdown which entered its second day. More on that below.
?. Regulatory News: This replaces the announcement made at 5:40 pm CET on 2025, October 2 due to the following corrections: Rate : Read 5.87 % and not 5.875 % S?ch? Environnement: Green Hybrid Bond Issue S?ch? Environnement announces the success of its first issue of Deeply Subordinated Perpetual Notes, for an amount of ?300 million, aligned with its Green Financing Framework.
"While the shutdown will eventually be resolved, present circumstances may catalyze tactical investment opportunities as a way to capture even more compelling yield and income opportunities," said Jeff Lipton, municipal market intelligence analyst for The Bond Buyer.
Four cities were ordered to halt recent tax hikes pending an investigation of whether they complied with a state law that enforces a deadline for annual audits.
AM Best has assigned a Financial Strength Rating of A+ and a Long-Term Issuer Credit Rating of ?aa-? to Safe Auto Choice Insurance Company, Safe Auto Value Insurance Company and Safe Auto Insurance Company.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0380 per share of common stock, payable on November 3, 2025 to shareholders of record at the close of business on October 17, 2025. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.
Financial stocks were lower in late Thursday trading, with the NYSE Financial Index shedding 0.3% and the Financial Select Sector SPDR Fund easing 0.1%. The Philadelphia Housing Index advanced 0.1%, and the Real Estate Select Sector SPDR Fund fell 0.5%. Bitcoin gained 1.9% to $120,925, and the yield for 10-year US Treasuries declined 2 basis points to 4.09%. In economic news, US employers annou...
Over at Desjardins, Tiago Figueiredo noted today's address by Deputy Governor, Rhys Mendes, to the Ivey Business School in London, Ontario, was centered around how the Bank of Canada will assess underlying inflation going forward.
Financial stocks were mixed in late Thursday afternoon trading with the NYSE Financial Index shedding 0.3% and the Financial Select Sector SPDR Fund rising 0.1%. The Philadelphia Housing Index advanced 0.2%, and the Real Estate Select Sector SPDR Fund fell 0.7%. Bitcoin gained 1.9% to $120,925, and the yield for 10-year US Treasuries declined 2 basis points to 4.09%. In corporate news, Morgan S...
Chicago Fed President Austan Goolsbee said he is not certain whether tariff-driven inflation will prove temporary or persistent, telling Fox Business that recent price data are moving in the wrong direction.
US job cuts fell in September and the third quarter sequentially, Challenger Gray & Christmas said Thursday, while an ongoing federal government shutdown could delay the release of the official jobs report for last month. US-based employers announced 54,064 job cuts last month, down 37% month on month and 26% annually, the global outplacement firm said.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index shedding 0.6% and the Financial Select Sector SPDR Fund down 0.4%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was decreasing 0.6%. Bitcoin was increasing 0.9% to $119,743, and the yield for 10-year US Treasuries was declining 2 basis points to 4....
Russian President Vladimir Putin on Thursday criticized U.S. efforts to pressure India and China into cutting energy ties with Moscow, warning that such moves could backfire economically. Putin said that if higher tariffs are imposed on Russia's trade partners, it would drive up global prices and force the U.S. Federal Reserve to keep interest rates high.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index shedding 0.6% and the Financial Select Sector SPDR Fund down 0.4%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was decreasing 0.6%. Bitcoin was increasing 0.9% to $119,743, and the yield for 10-year US Treasuries was declining 2 basis points to 4....
National Bank of Canada on Wednesday maintained a sector-perform rating and C$4,500 price target on the shares of Constellation Software (CNSWF) after the company hosted a conference call and Q&A to discuss the transition in management from Founder Mark Leonard to new President Mark Miller.
The Canadian dollar is set to strengthen over the coming year against its U.S. counterpart as expected Federal Reserve interest rate cuts weigh on the greenback, but uncertain prospects for the United States-Mexico-Canada trade agreement could put that forecast at risk, a Reuters poll found.
Europe must act fast to bolster the global role of the euro as the window of opportunity to do so may soon close, and the bloc should seek greater ties with nations most affected by U.S. tariffs to help it achieve that, the French central bank chief said.
While the eurozone jobless rate edged up from the series low on Thursday, longer-dated German Bunds made modest gains, said Capital Markets. September's final services and composite PMIs, due on Friday, are expected to reaffirm the modest uptick in eurozone economic activity at the end of Q3 signalled by the preliminary estimates, noted the bank.
European stock markets closed mostly higher in Thursday trading as The Stoxx Europe 600 rose 0.59%, Germany's DAX gained 1.35%, the FTSE 100 was off 0.2%, France's CAC increased 1.13%, and the Swiss Market Index advanced 0.54%. The euro area seasonally-adjusted unemployment rate rose to 6.3% in August from 6.2% in July, and was unchanged from a year earlier, while European Union unemployment wa...
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.
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