* Silver nears all-time peak hit on October 17. * Trump signs deal to end US government shutdown. * 80% economists expect rate cut in December, Reuters poll shows. By Anmol Choubey and Pablo Sinha.
Risks to the Federal Reserve's two goals of price stability and full employment are balanced now that the Fed has cut interest rates twice so far this year, San Francisco Fed President Mary Daly said on Thursday, leaving her open minded about the upcoming December rate-setting decision.
* Daly says balanced risks mean Fed needs more data before decision. * Fed's direction for policy rate remains downward, open minded on December: Daly. * Notes recent services inflation acceleration, says recent rate cuts support labor market. By Padraic Halpin.
The Monetary Authority of Singapore sees a wholesale CBDC as an anchor for a system in which private settlement assets are used for different market needs.
The Australian labor market report for October, published overnight Wednesday, contained some positive surprises, said Commerzbank. Job creation was more than twice what was expected, with over 40,000 new jobs being created, which contributed to a stronger-than-expected decline in the unemployment rate, wrote the bank in a note to clients.
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odds of a reduction in borrowing costs in December to below 50%. As if to underscore the knife-edge decision, San Francisco Fed President Mar...
Gartner, Inc. (IT) announced today that it has commenced an offering of senior unsecured notes in a registered public offering under a shelf registration statement. J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and TD Securities LLC are acting as joint book-running managers for the Offering.
* October retail hiring below pre-pandemic levels, indicating low demand expectations. * National Retail Federation expects fewer seasonal hires compared to 2024. * Major retailers like Walmart (WMT) and Target (TGT) silent on seasonal hiring plans. By Arriana McLymore and Savyata Mishra.
Retail-related job postings, including hospitality, retail shops and food services, dropped 16% in October compared to last year, according to the Indeed Hiring Lab, a concerning sign for the spending outlook for the important holiday shopping season.
U.S. 10-year Treasury yields, assuming no upside inflation surprises, are likely to rise modestly in coming months, according to a Reuters poll of market experts, while short-dated yields are forecast to decline on rate cut bets. ?. The survey results suggest inertia in the world's largest debt market despite a long list of potential risks, not least of which is a mountain of upcoming supply.
TSYW ETF offers weekly distributions plus amplified exposure to U.S. Treasury bonds. NEW YORK, Nov. 13, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced the launch of the Roundhill Treasury Bond WeeklyPay? ETF.
Carter Bankshares, Inc. (CARE) today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond.
Greenlight Capital Re, Ltd. (GLRE) today announced that AM Best has upgraded the Financial Strength Rating to ?A? from ?A-?, and the Long-Term Issuer Credit Rating to ?a? from ?a-? of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, DAC, each a wholly owned subsidiary of the Company.
Numerator, a data and technology company providing insights into consumer behavior, released its October 2025 Numerator Consumer Price Index with an advance read on inflation trends across everyday consumer goods. Similar to the U.S. Bureau of Economic Analysis? published indices, the Numerator CPI tracks price changes over time and captures how consumer buying behavior evolves alongside them.
Retail sales volumes in Brazil fell 0.3% in September from August, data from government statistics agency IBGE showed on Thursday, missing expectations of a 0.3 increase in a Reuters poll. The drop resumed a downward trend briefly interrupted in the previous reading, as high interest rates continue to weigh on consumption.
The biggest movers early Thursday have been the Australian and New Zealand dollars, said MUFG. The Australian dollar extended its advance following the release of the stronger-than-expected Australian employment report for October, wrote the bank in a note to clients.
* FTSE 100 slips 0.6%, FTSE 250 down 0.3% * Aviva's financial targets disappoint investors. * 3i Group (TGOPF) cautious on new investments. * UK economy barely expands in Q3. Nov 13 - London's FTSE 100 fell on Thursday after a three-day run of record highs, dragged by financial and energy shares, as investors assessed disappointing third-quarter economic growth data.
The math has stopped working on the American Dream. The middle-class milestone lifetime bill has crossed $5 million, as the latest infographic from Visual Capitalist shows. Healthcare has become a financial trap masquerading as a basic need. Medical inflation outpaces the Consumer Price Index by roughly three percentage points annually, KFF analysis showed. And if you live longer, you pay more.
Federal Housing Finance Agency chief Bill Pulte called the proposed 50-year mortgage a ?complete game changer. In a note published Nov. 10, UBS analysts John Lovallo, Spencer Kaufman, and Matthew Johnson said extending a traditional 30-year mortgage to 50 years could roughly double the total interest a borrower pays over the life of the loan, reported Bloomberg.
As Deutsche Bank collects all the main United Kingdom macroeconomic data points for the summer period, it's clear that the summer of 2025 was a little "disappointing," said Sanjay Raja, the bank's chief U.K. economist. With inflation picking up again and unemployment rising, gross domestic product growth took another step down.
Sterling has continued to underperform at the start of the European trading session following the release of Thursday's weaker-than-expected United Kingdom Q3 gross domestic product, said MUFG. It has resulted in EUR/GBP rising to a fresh high of 0.8844 as the pair extends its advance above the 0.8800 level this week, wrote the bank in a note to clients.
-What matters in U.S. and global markets today. By Mike Dolan, Editor-At-Large, Finance and Markets. With the U.S. government now reopening after a six-week hiatus, market attention switches to the release of delayed economic data over the next week, as the bar for another Federal Reserve interest rate cut this year appears to be rising.
By Mike Dolan. Nov 13 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the U.S. government now reopening after a six-week hiatus, market attention switches to the release of delayed economic data over the next week, as the bar for another Federal Reserve interest rate cut this year appears to be rising.
European bourses tracked modestly higher midday Thursday as traders digested the end to the US government shutdown, and awaited new market catalysts. Markets may move following the latest US consumer price index bulletin, slated for Thursday, and a raft of economic data from mainland China, scheduled for release on Friday.
Wall Street futures pointed sideways pre-bell Thursday, as the US government shutdown drama moved offstage, and the earnings season ebbed. Traders await the October consumer price index bulletin from Washington at 8:30 am ET, with expectations running towards a 3.1% rise on-year by the metric, and a 3% lift on the CPI-core, that strips out food and energy bills.
The historically routine process of reappointing the Federal Reserve's 12 regional bank presidents is being watched for signs of becoming the newest challenge to the U.S. central bank's independence, as President Donald Trump seeks more influence over interest rates and other policies.
-Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health. All three major U.S. stock indexes posted their steepest daily percentage declines in over a month.
Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.
* All Fed regional bank presidents up for reappointment in early 2026. * Process could be a further opening for White House to influence Fed. * Surprise Bostic retirement casts brighter light on opaque proceeding. * Local Fed boards make appointments, but with approval of Board of Governors. By Howard Schneider and Ann Saphir.
Bitdeer Technologies (BTDR) said late Wednesday it plans a $400 million private placement of convertible senior unsecured notes due 2031. The company intends to provide a 13-day overallotment option to the initial purchasers to buy up to an additional $60 million of the notes.
Euro zone industrial production rose far less in September than economists had predicted, though the big economies fared well and the shortfall was due to volatility among big foreign companies based in Ireland for tax reasons. Industrial production rose 0.2% on the month, well below expectations for a 0.7% rise in a Reuters poll of economists but an improvement on the 1.1% drop a month earlier.
* EM stocks up 0.37%, FX up 0.13% * South African markets rally on lowered inflation target. * Poland's Q3 GDP at 3.7% y/y, in line with forecast. * Moody's Ratings affirms Panama's Baa3 ratings, maintains negative outlook. By Nikhil Sharma.
Financial markets are underpricing geopolitical risks and nearly all euro zone banks are exposed to some extent, so weakening regulation now could jeopardize the sector's viability in the longer run, ECB supervisory chief Claudia Buch said on Thursday.
Financial markets are underpricing geopolitical risks and nearly all euro zone banks are exposed to some extent, so weakening regulation now could jeopardize the sector's viability in the longer run, ECB supervisory chief Claudia Buch said on Thursday.
Commercial Metals (CMC) said late Wednesday it priced an offering of $1 billion of 5.75% senior notes due Nov. 15, 2033, and $1 billion of 6% senior notes due Dec. 15, 2035. The company plans to use the net proceeds to fund its acquisition of Foley Products, among other things. The offering is expected to close by Nov. 26. MT Newswires does not provide investment advice.
* Trump signs deal to end US government shutdown. * Physical demand for silver and gold remains robust, trader says. * Silver nears all-time peak hit on October 17. By Anmol Choubey.
Bund yields edged higher on Thursday after dropping slightly the day before as the European Central Bank was firmly on hold and recent German economic data increased uncertainty about the size and timing of a boost from Germany's planned spending push.
* UK economy shows growth of 0.1% in Q3, versus forecasts for 0.2% * GDP in September contracts by 0.1% * Data underline weak growth picture for Reeves' November budget. * JLR hit drags on economy. * Motor vehicle production contracts 29% in September alone. By Andy Bruce and Suban Abdulla.
Britain's economy grew 0.1% in the third quarter of 2025, official figures showed on Thursday. Economists polled by Reuters, as well as the Bank of England, had forecast 0.2% growth in gross domestic product for the July-September period.
* Luxury stocks up sharply over past three months. * Buoyed by signs of recovery and new creative designers. * But China remains fragile and US outlook uncertain. By Mimosa Spencer.
The following are the top stories on the New York Times business pages. - Raphael Bostic said he would step down from his role as president of the Federal Reserve Bank of Atlanta at the end of February. - Kim Kardashian's apparel giant, Skims, has raised $225 million in new financing, at a $5 billion valuation.
The U.S. and Switzerland edged closer to a trade deal on Thursday to reduce President Donald Trump's crippling 39% tariffs on Swiss imports and shrink Switzerland's trade surplus with the U.S. after talks in Washington on Thursday, officials from the two countries said.
Prospera Energy Inc. Convertible Debt OfferingProspera Energy Inc. (GXRFF) is pleased to announce an update regarding its previously announced convertible debt offering on May 12th and September 29th, 2025. Proceeds from the offering will be used to reactivate wells, optimize production, and strengthen working capital.
XPLR Infrastructure (XIFR) said late Wednesday that its subsidiary, XPLR Infrastructure Operating Partners, has priced a $750 million private offering of 7.75% senior unsecured notes due 2034. The notes, which pay interest semiannually, are expected to close on Nov. 21.
Digital Realty Trust (DLR) said late Wednesday it priced 1.4 billion euros in senior unsecured notes through its unit Digital Euro Finco, comprising 600 million euros of 3.75% notes due 2033 and 800 million euros of 4.25% notes due 2037. The notes, fully guaranteed by Digital Realty (DLR) and its operating partnership, were priced at 99.935% and 99.364% of face value, respectively.
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.
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