This week's central bank meetings are from the Federal Reserve and the Bank of Canada on Wednesday and the Bank of Japan on Thursday, said Societe Generale. The Canadian dollar may be the most vulnerable currency from all this, wrote the bank in a note to clients.
NXP Semiconductors N.V. (NXPI) will release earnings results for the third quarter, after the closing bell on Monday, Oct. 27. Analysts expect the Eindhoven, the Netherlands-based company to report quarterly earnings at $3.12 per share, down from $3.45 per share in the year-ago period. On Aug. 12, NXP Semiconductors (NXPI) announced pricing of senior unsecured notes offering.
RBC said it expects that the August gross domestic product was flat in Canada. Canada is scheduled to release the August GDP on Friday at 8:30 a.m. ET. Wholesale and manufacturing sales both declined after rising in July, and the bank estimates a pullback in the mining sector to partially reverse a 1.4% month-over-month jump in July.
Harley-Davidson (HOG) is facing competitive pressures, low pricing power, and weak secular trends which are working against a cyclical recovery for the motorcycle industry, Morgan Stanley said in a Monday note. In the leisure products and services category, Morgan Stanley analysts said they expect overall consumer spending to slow, weighed down by sluggish payrolls and a rising savings rate.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood Scores, according to ICE Climate Data. A $56 million offering from Mount Pleasant, S.C., records a Flood Score of 4.8 out of 5.0, ICE reports.
Last week's Bank of Canada Business Outlook Survey, consumer price index and retail sales reports offered the final puzzle pieces before the BoC's interest rate decision this Wednesday, said TD. The TSX briefly wavered after the CPI release on tempered expectations for rate cuts, but quickly recovered, finishing the week around 0.9% higher, noted the bank.
Morgan Stanley said it expects a dovish hold from the Bank of Canada this week as inflation remains firm and the labor market shows some recovery. The BoC is slated to release its policy statement of Wednesday at 9:45 a.m. ET. Looking ahead, Morgan Stanley expects the BoC to reach 2.25% at the December meeting from today's 2.50%. MT Newswires does not provide investment advice.
The US dollar fell against its major trading partners early Monday as the US data schedule continues to be impacted by the ongoing government shutdown.
The Bank of Canada is expected to cut rates by another 25 bps at Wednesday's meeting, to 2.25%, and Bank of Montreal sees the policy rate ending the year at 2% -- that's consistent with BMO's long-standing dovish leaning.
The benchmark US stock measures were tracking in the green before the opening bell Monday as President Donald Trump signaled an imminent trade deal with China, while investors await a major policy decision by the Federal Reserve and big tech earnings later in the week. The S&P 500 rose 0.8%, the Dow Jones Industrial Average increased 0.6% and the Nasdaq added 1.3% in premarket activity.
Wall Street futures swelled to new all-time records pre-bell Monday, as traders weighed easing of Beijing-Washington trade frictions and awaited a Thursday meeting in South Korea between President Donald Trump and China President Xi Jinping. In addition, the Federal Reserve will start a two-day policy session on Tuesday, and announce a rate decision Wednesday afternoon.
The BoC is also expected to lower rates by 25bps for the second consecutive meeting this week, said MUFG. The BoC is slated to release the policy statement on Wednesday at 9:45 a.m. ET. However, there is a higher risk that the BoC may delay this week than the United States Federal Reserve, stated the bank.
First Northwest Bancorp (FNWB) ?, the holding company for First Fed Bank, today reported net income of?$802,000 for the third quarter of 2025, compared to net income?of?$3.7 million for the?second quarter of 2025 and a net loss of?$2.0 million for the third quarter of 2024.
The United States Federal Reserve and Bank of Canada are both expected to cut policy rates on Wednesday, adding to 25bps reductions from each in September, said RBC.
U.S. stocks settled higher on Friday, with major indices surging to fresh all-time highs as a softer-than-expected inflation reading strengthened market conviction that the Federal Reserve will cut interest rates by 25 basis points at its Oct. 30 policy meeting. Wall Street analysts make new stock picks on a daily basis.
The Kobeissi Letter reported that bank cash at the Federal Reserve fell to about $2.93 trillion; Adam Livingston says that level signals a shift that would favor bitcoin.
Sen. The United States national debt has climbed to $38 trillion, prompting calls for new approaches to restore fiscal stability. Interest payments are projected to reach $14 trillion over the next decade, raising concerns about long-term solvency. Lummis said selling or revaluing U.S. gold certificates to fund Bitcoin purchases could "cut the national debt in half over 20 years."
Wall Street is discreetly gearing up for a significant alteration in the Federal Reserve?s $6.6 trillion balance sheet, coinciding with a sudden rise in Bitcoin?s price. According to a report, Bitcoin?s price has recovered from a recent ?flash crash,? soaring nearly 10% and surpassing $111,000.
Major cryptocurrencies are trading higher ahead of a busy week featuring key Federal Reserve and Bank of Japan rate decisions alongside earnings reports from influential Mag 7 stocks.
Grant Cardone, the U.S. real estate mogul behind Cardone Capital, is closely watching where trillions in money market cash might flow next. What Happened: In a recent X post, Cardone cited Federal Reserve data showing around $7 trillion sitting in money markets. The post drew lively discussion.
Wall Street's equity benchmarks hit fresh all-time highs on Friday after a soft consumer inflation report reinforced expectations of further monetary policy easing by the Federal Reserve next week.
US equity indexes closed higher on Friday after mild consumer inflation data from September reinforced interest rate cuts and a rise in technology stocks. * Inflation in the US rose at a slower pace in September, with the consumer price index up 0.3% from the previous month, easing from August's 0.4% increase, according to the Bureau of Labor Statistics.
"Investors were not disappointed," said John Kerschner, global head of securitized products and portfolio manager at Janus Henderson (JHG). "Inflation came in softer than expected, leading to a tepid bond market rally" and ensuring a rate cut at the upcoming Federal Open Market Committee meeting.
A cooler-than-expected inflation report is likely to give the Federal Reserve the confidence it needs to proceed with a rate cut next week, as markets now fully price in a quarter-point reduction in the federal funds rate.
Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index up 1% and the Financial Select Sector SPDR Fund adding 1.3%. The Philadelphia Housing Index rose 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.6%. Bitcoin added 0.3% to $110,928, and the yield for 10-year US Treasuries was one basis point higher at 4.00%. In economic news, the consumer pric...
Consumer stocks were lower late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund down 0.4% and the Consumer Discretionary Select Sector SPDR Fund easing 0.3%. The University of Michigan consumer sentiment index for October was revised down Friday to 53.6 from the 55.0 print in the preliminary estimate, compared with expectations for a smaller downward revision to 54.5 in a su...
American debt hit a record high of $38 trillion earlier this week. A government shutdown isn't the only thing that could be putting pressure on the country?s health moving forward, as the national debt passed $38 trillion for the first time. While that milestone is alarming on its own, the speed of the increase is even more striking.
Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index up 1% and the Financial Select Sector SPDR Fund adding 1.3%. The Philadelphia Housing Index rose 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.6%. Bitcoin added 0.3% to $110,928, and the yield for 10-year US Treasuries was one basis point higher at 4.00%. In corporate news, Coinbase shares ...
The northern California school district has been struggling for years and on several occasions abandoned plans to consolidate schools, which rating agencies say might have shored up finances.
Reckoner Capital Management introduced its newest ETF, the Reckoner BBB-B CLO ETF (RCLO), launched on Wednesday, with more than $27 million in assets under management. John Kim, Reckoner co-founder and CEO, explained the launch timing amid high investor demand for CLO-targeted ETFs, especially from those seeking higher yields and diversification away from conventional fixed-income products.
The consumer price index rose by 0.3% in September and was up 0.2% excluding food and energy prices, both measures below expectations. The overall gain lifted the year-over-year increase to 3% from 2.9% in August, while the core measure was up 3% year-over-year after a 3.1% rate in the previous month.
US benchmark equity indexes were higher intraday after a soft September inflation report reinforced expectations of further monetary policy easing by the Federal Reserve. The Nasdaq Composite was up 1.4% at 23,251.1 after midday Friday, while the Dow Jones Industrial Average rose 1.2% to 47,273.1. The S&P 500 rose 1% to 6,804.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.9% and the Financial Select Sector SPDR Fund adding 1.2%. The Philadelphia Housing Index rose 0.8%, and the Real Estate Select Sector SPDR Fund increased 0.7%. Bitcoin edged up 0.2% to $110,347, and the yield for 10-year US Treasuries was slightly higher at 3.99%. In economic news, the consumer price...
Gold moved lower early on Friday, resuming a correction from Monday's record high, even as a key U.S. inflation measure slowed last month, firming expectations for a cut to interest rates by the Federal Reserve.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.9% and the Financial Select Sector SPDR Fund adding 1.2%. The Philadelphia Housing Index rose 0.8%, and the Real Estate Select Sector SPDR Fund increased 0.7%. Bitcoin edged up 0.2% to $110,347, and the yield for 10-year US Treasuries was slightly higher at 3.99%. In corporate news, Brookfield Asset ...
US equity indexes broke records as cooling consumer price inflation reinforced market expectations that the Federal Reserve will cut interest rates two more times this year. The Nasdaq Composite climbed 1.3% to 23,238.2, after hitting a record 23,246.546 level earlier in the session. Technology, utilities, and communication services emerged as the top gainers intraday.
US private-sector output grew in October at the fastest pace in three months amid gains in both manufacturing and services, according to S&P Global's (SPGI) flash purchasing managers' index released Friday. The composite output index rose to 54.8 this month from 53.9 in September, compared with a 53.5 reading in a survey compiled by Bloomberg.
All three major US stock indexes were up in late-morning trading Friday after the latest consumer price index showed inflation came in below expectations. The US seasonally adjusted CPI rose by 0.3% in September, below expectations for a 0.4% gain in a survey compiled by Bloomberg and following a 0.4% increase in August, according to data released Friday by the Bureau of Labor Statistics.
US consumer sentiment dropped for a third consecutive month as concerns over high prices persisted, final survey results from the University of Michigan showed Friday. The main sentiment index slipped to 53.6 this month from 55.1 in September.
A wide range of economists say the Federal Reserve now has the green light to cut interest rates, following a cooler-than-expected inflation report that suggests price pressures are easing ? and that monetary policy can shift focus toward the softening labor market.
US consumer prices grew less than expected in September, while core inflation surprisingly ticked down, reinforcing expectations for another interest rate cut next week. The Bureau of Labor Statistics originally planned to release the September consumer price index report on Oct. 15, but rescheduled it due to the ongoing government shutdown.
The University of Michigan consumer sentiment index for October was revised down Friday to 53.6 from the 55.0 print in the preliminary estimate, compared with expectations for a smaller downward revision to 54.5 in a survey compiled by Bloomberg. That was below the final reading of 55.1 in September.
Gold moved lower early on Friday, resuming a correction from Monday's record high, even as a key U.S. inflation measure slowed last month, firming expectations for a cut to interest rates by the Federal Reserve.
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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