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The US dollar rose against its major trading partners early Tuesday ahead of a busy day of economic data releases and appearances by Federal Reserve officials. The US government shutdown continues to impact the scheduling of government-produced data releases, postponing the release of international trade data for August.

Top US banks are calling on President Donald Trump for lead roles in the planned initial public offering of mortgage financing companies Fannie Mae and Freddie Mac, The Wall Street Journal reported Tuesday.

Solaris Energy Infrastructure (SEI) said Tuesday it priced an upsized offering of $650 million 0.25% convertible senior notes due 2031. Underwriters were granted a 13-day option to buy up to an additional $97.5 million of notes to cover over-allotments, Solaris said.

Canada is scheduled to release its international merchandise trade data for August at 8:30 a.m. ET on Tuesday, said Bank of Montreal. Canada's merchandise trade deficit is expected to widen to $6.0 billion in August from $4.9 billion in July, noted the bank.

Commerzbank in its "European Sunrise" note of Tuesday highlighted: Markets: United States Treasuries, Bund- and OAT-futures are little changed. Fed: Kansas City Federal Reserve Bank President Jeff Schmid says rates are "appropriately calibrated," monetary policy should "lean against demand growth" to relieve price pressures.

The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.

Solaris Energy Infrastructure (SEI) plans a public offering of $600 million in convertible senior unsecured notes due 2031, with an option for underwriters to purchase up to an additional $90 million. The notes will pay interest semiannually and can be converted into cash, Class A stock, or a combination of both at Solaris' discretion.

Ellington Financial (EFC) said late Monday it has closed its $400 million offering of 7.375% senior unsecured notes due Sept. 30, 2030, via some of its subsidiaries. Ellington said it plans to use the net proceeds for general corporate purposes. MT Newswires does not provide investment advice.

Last week, the muni market saw a "slowdown in activity" after the asset class saw its best monthly performance in nearly two years, said Birch Creek strategists.

Financial stocks fell in late Monday afternoon trading with the NYSE Financial Index dropping 0.3% and the Financial Select Sector SPDR Fund easing 0.1%. The Philadelphia Housing Index declined 1.4%, and the Real Estate Select Sector SPDR Fund shed 0.9%. Bitcoin rose 1.9% to $125,738, and the yield for 10-year US Treasuries gained 4 basis points to 4.16%. The partial federal government shutdown...

Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund easing 0.1%. The Philadelphia Housing Index was falling 1.4%, and the Real Estate Select Sector SPDR Fund was shedding 1%. Bitcoin was climbing 1.9% to $125,738, and the yield for 10-year US Treasuries rose 4 basis points to 4.16%. The partial federal g...

La Marque's two-notch downgrade from Moody's follows a rating cut last month by S&P; both agencies put the city on review for potential further downgrades.

First Majestic Silver (AG) shares were up more than 7% in recent Monday trading after National Bank of Canada upgraded the stock to outperform from sector perform. Trading volume stood at over 22.7 million shares, versus the daily average of about 20.1 million. Price: 12.98, Change: +0.87, Percent Change: +7.18. MT Newswires does not provide investment advice.

Gold hit an all-time high on Monday as the ongoing US government shutdown boosted demand for the safe-haven asset amid expectations of another rate cut from the Federal Reserve. Spot gold topped $3,950 per ounce for the first time, and was last trading at $3,955.80, up 1.8%. Gold for December delivery jumped 1.8% to $3,980.57 per ounce.

The three Puerto Rico Oversight Board members can resume their positions immidiately, District Court Judge Maria Antongiorgi-Jordan ruled.

The City Council is exploring possible bond sales to expand Metro service for the NFL stadium slated to replace RFK Stadium, which is being demolished.

European stock markets closed mixed in Monday trading as the Stoxx Europe 600 slipped 0.04%, Germany's DAX closed flat, the FTSE 100 was off 0.13%, France's CAC dropped 1.36%, and the Swiss Market Index rose 0.4%. Eurozone construction activity remained in contraction, according to the HCOB Eurozone Construction PMI Total Activity Index, which fell to 46.0 in September from 46.7 in August, sign...

Chicago has selected its new senior manager and co-manager pools to underwrite future bond deals, five months after it released its request for qualifications.

National Bank of Canada Monday maintained Torex Gold Resources's outperform rating and $75 price target. Torex recently announced drill highlights from extension drilling at El Limon Guajes underground mine in Mexico, focused around the El Limon Sur and Sub-Sill trends. Results include 12.37 grams per tonne gold equivalent over 11.1 meters, and 28.13 g/t gold equivalent over 21.2 meters.

National Bank of Canada Monday maintained Pembina Pipeline's outperform rating and $56 price target. Pembina recently said it is advancing the phase one of the AESO large load allocation process with project partner Kineticor, securing a 907 MW allocation that has been assigned to a potential customer.

National Bank of Canada Monday kept Montage Gold's outperform rating and C$8 price target. Montage Gold (MAUTF) recently provided a construction update on the Kone project in Cote d'Ivoire, including progress at the oxide circuit, where construction is underway with an additional capex of US$25 million.

National Bank of Canada over the weekend upgraded First Majestic Silver's rating to outperform from sector perform while its price target was raised to $22 from $20. National Bank made the changes after it attended a tour of First Majestic's Santa Elena and Cerro Los Gatos mines in Mexico, as well as the company's First Mint facility in Nevada.

This week's Canadian international trade report will also be closely watched - along with the Labour Force Survey - ahead of the Bank of Canada's next interest rate decision on Oct. 29, following last month's cut, RBC said.

Morgan Stanley said it expects the Bank of Thailand to cut rates by 25bps on Wednesday on the back of persistent weakness in growth/inflation. Morgan Stanley also estimated the central bank of the Philippines to reduce rates by 25bps on Thursday, given below-target inflation. MT Newswires does not provide investment advice.

Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Hurricane Scores, according to ICE Climate Data. A $12 million offering from Center Moriches Union Free School District, N.Y., records a Flood Score of 4.8 out of 5.0, ICE reports.

Societe Generale said it had previously predicted the Bank of Japan's next rate hike would occur in October, but given. 1) the result of Saturday's LDP presidential election and 2) the United States government shutdown and growing concerns about a further economic downturn, the bank changed its forecast to December.

Following Brazil's Pix blueprint, Colombia has launched its own instant payment ecosystem called Bre-B with the same core features: interoperability, 24/7 availability, and immediate settlement. More than 30 million people have already registered to use Bre-B, according to Colombia?s central bank, representing 76% of the country?s adult population.

The Department of Transportation pulled funds from the Gateway Project and the Second Avenue Subway extension, citing alleged "DEI" violations.

The US dollar rose against its major trading partners early Monday to begin a relatively quiet week of economic data releases, with a focus on the minutes of the Sept. 16-17 Federal Open Market Committee meeting being released Wednesday. The US government shutdown continues to impact the scheduling of government-produced data releases. There are no data releases scheduled on Monday.

Commerzbank in its "European Sunrise" note of Monday highlighted: Markets: United States Treasury yields rise across the board, led by long-end. Fed: Federal Reserve Bank of Dallas President Lorie Logan says "we're furthest away on the inflation side" of policy objectives. U.S.: President Donald Trump says "we're ready to go back" on the shutdown.

The Canadian Labour Force Survey on Friday will be closely watched ahead of the Bank of Canada's next interest rate decision on Oct. 29 after last month's cut, said RBC. The BoC made the move in September following a deterioration in the labor market over the summer.

US equity investors will focus on the meeting minutes from the Federal Open Market Committee and quarterly earnings this week as they await a lifting of the partial federal government shutdown.

Danaos (DAC) said Monday it plans a private offering of up to $500 million of senior notes due 2032, subject to market conditions and other factors. The company intends to use the net proceeds to fully redeem the $262.8 million outstanding principal amount of its 8.5% senior notes due 2028 on or about March 1, 2026, among other things. Danaos (DAC) shares were up 2.9% in recent premarket activity.

US equity indexes were mixed on Friday after hitting new record highs as investors largely shrugged off the ongoing partial federal government shutdown and data showed a key services index slipped into neutral territory.

The Texas Transportation Finance Corp. leads the new-issue calendar with $1.739 billion of subordinate tier toll revenue and refunding bonds, followed by New York City with $1.5 billion of general obligation bonds.

Financial stocks advanced in late Friday trading, with the NYSE Financial Index up 0.9% and the Financial Select Sector SPDR Fund adding 0.8%. The Philadelphia Housing Index rose 0.9%, and the Real Estate Select Sector SPDR Fund increased 0.6%. Bitcoin gained 1.7% to $122,686, and the yield for 10-year US Treasuries increased 3 basis points to nearly 4.12%. In economic news, the Institute for S...

Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index up 0.9% and the Financial Select Sector SPDR Fund adding 0.8%. The Philadelphia Housing Index rose 0.9%, and the Real Estate Select Sector SPDR Fund increased 0.6%. Bitcoin gained 1.7% to $122,686, and the yield for 10-year US Treasuries increased 3 basis points to nearly 4.12%. In economic news, the Insti...

Federal Reserve Vice Chair Philip Jefferson said Friday that the economic outlook is uncertain and that he was adopting a cautious approach to gauging whether slowing growth and a softening labor market outweigh inflation pressures from tariffs.

The Federal Reserve Board on Friday approved BancFirst Corporation's (BANF) application to acquire AmeriBank Holding Company and its subsidiary, American Bank of Oklahoma, in Collinsville. Following the deal, BancFirst (BANF) plans to operate American Bank of Oklahoma separately before merging it with BancFirst (BANF), its Oklahoma City-based state member bank.

Fitch revised its outlook on the AAA-rated southern California to negative. The city is grappling with child sexual abuse claims from hundreds of people against one former employee.