Much has been made of whether Japan's market fright at yet more fiscal stimulus and political leaning on the central bank apes Britain's bond blowout from 2022, but there are warnings for the U.S. Treasury too.
* Traders pricing in 60% chance of 25bp Fed cut next month. * Stocks rebound, dollar steady. * Eyes on sliding yen as markets alert to intervention risk. By Rae Wee. Global stocks began an event-filled week on the front foot on Monday, as investors took heart from growing expectations of a Federal Reserve rate cut in December even as policymakers remain divided over such a move.
Global stocks advanced for a second straight session on Monday as rising expectations for a December rate cut from the U.S. Federal Reserve helped to soothe recent concerns about stretched valuations in the AI space while longer-dated U.S. Treasury yields dipped.
The G20's leadership is heading away from the Global South just as debt problems in poorer countries threaten to flare again, testing whether the group's ambitions on debt relief will translate into action under a United States presidency.
* U.S. dollar holds near six-month highs hit on Friday. * No major support for gold bulls - analyst. By Ishaan Arora. Gold prices dropped for a third consecutive session on Monday, as the dollar firmed near six-month highs, while investors awaited more clarity on the U.S. interest rate trajectory. Spot gold was down 0.4% at $4,045.58 per ounce, as of 0536 GMT.
* US dollar holds near six-month highs hit on Friday. * No major support for gold bulls - analyst. By Ishaan Arora. Gold prices dipped for a third straight session on Monday as the dollar firmed near six-month highs and weighed on the yellow metal, while market participants await more clarity on the U.S. interest rate trajectory. Spot gold was down 0.4% at $4,051.31 per ounce, as of 0353 GMT.
Gold prices dipped on Monday, weighed
down by a firm dollar near six-month highs and diminished
prospects of a December interest rate cut by the U.S. Federal
Reserve.
Global stocks advanced for a second straight session on Monday as rising expectations for a December rate cut from the U.S. Federal Reserve helped to soothe recent concerns about stretched valuations in the AI space while longer-dated U.S. Treasury yields dipped.
* Traders ramp up bets of December Fed easing, pricing in 57% chance of 25-bp cut. * Stocks rebound, dollar steady. * Eyes on sliding yen as markets alert to intervention risk. By Rae Wee.
Early signs on Japan's annual wage negotiations for next year point to another round of solid pay hikes despite profit pressure from U.S. tariffs, bolstering the case for the Bank of Japan to raise interest rates further.
* Labour unions demand bumper pay hikes despite US tariffs. * Tight labour market pressures firms to maintain big pay hikes. * BOJ awaits early signs of wage talks for rate hike decision. By Makiko Yamazaki and Leika Kihara.
The U.S. dollar dipped on Monday, as investors weighed dovish remarks from Federal Reserve officials that boosted expectations for a rate cut next month and limited the greenback's upside against major currencies. The U.S. currency, however, rose against the yen, as investors remained on the lookout for signs of official buying from Tokyo to stem the slide in the Japanese currency.
In the midst of the current economic turbulence,?Bill Gross, a seasoned bond manager on Wall Street, has made a bold prediction about the Federal Reserve?s upcoming actions. What Happened: Gross has anticipated another rate cut by the Fed in December.
Federal Reserve officials remain sharply divided on interest rate cuts, casting doubt on the likelihood of a December rate cut. Those economic pressures are showing up in household finances. Here's a look at several key insights from the survey. Holiday Spending vs.
Stock market investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest rate cuts and mounting worries that artificial intelligence companies, which have propelled the market to new records this year, are overvalued. The market continued to slide this past week, despite equity indexes rebounding sharply on Friday.
The past week was filled with economic news, from a top economist?s warning about the impact of Trump?s tariffs to a senator?s critique of the ?Trump economy.
BEIJING, Nov. 22, 2025 CGTN published an article on the G20 summit's first landing in Africa, highlighting China's call for unity over division in global governance. For the first time since its inception, the G20 Leaders' Summit has come to the African continent.
European Central Bank President Christine Lagarde has been a long-time critic of Bitcoin , and reaffirmed her skepticism recently despite the asset?s growth over the years. Appearing on the College Leaders in Finance podcast on Oct. 5, Lagarde was reminded of the remarks she made about Bitcoin three years ago. ?I would not put my finger in there.
Federal Reserve Bank of Boston President Susan Collins said Saturday that she's still leaning against the U.S. central bank cutting its interest rate target next month as it faces ongoing risks to both its inflation and job mandates. ?. "I do see reasons to be hesitant" about lowering the cost of short-term borrowing at the December 9-10 Federal Open Market Committee meeting.
The Leaders' Declaration from a Group of 20 summit in South Africa on Saturday stressed the seriousness of climate change, in a snub to U.S. President Donald Trump, who boycotted the gathering and doubts the scientific consensus that global warming is caused by human activities.
A Group of 20 leaders' summit in South Africa adopted a declaration addressing the climate crisis and other global challenges on Saturday after it was drafted without U.S. input in a move a White House official called "shameful".
* Rate hike in December will be 'comprehensive decision', Masu says. * Masu expects US tariff impact to be smaller than expected. * Masu's remarks follow Ueda's signal on December rate-hike chance. * Recent BOJ signals suggest growing chance of December rate hike. By Leika Kihara.
US equities advanced Friday as a Federal Reserve interest rate cut next month again seemed to be more likely than not, though Wall Street finished the week lower amid concerns over an artificial intelligence bubble.
The Standard & Poor's 500 index fell 1.95% this week in a technology-led decline as the September unemployment rate came in higher than expected. The market benchmark ended Friday's session at 6,602.99. It is now down 3.5% for November but up 12% for the year. September payrolls in the US rose by 119,000, more than the 51,000 increase expected in a Bloomberg survey.
* S&P: UZBEKISTAN UPGRADED TO 'BB' ON STRONG GROWTH AND ECONOMIC REFORMS; OUTLOOK STABLE. * S&P: UPGRADE REFLECTS WHAT WE VIEW AS SUSTAINED IMPROVEMENTS IN UZBEKISTAN'S MACROECONOMIC POLICYMAKING IN RECENT YEARS. * S&P: PROJECT UZBEKISTAN'S GROWTH MOMENTUM WILL REMAIN RESILIENT DESPITE GLOBAL TRADE TENSIONS.
The Brazilian central bank said on Friday it will offer up to $2 billion in two dollar auctions with repurchase agreements on Monday morning. In a statement, the central bank said the simultaneous auctions will start at 10:30 a.m. local time, and aim to roll over contracts maturing in January.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb+? and the Long-Term Issue Credit Ratings of Markel Group Inc.. AM Best also has affirmed the Financial Strength Rating of A and the Long-Term ICRs of ?a+? of all the members of the Markel North America Insurance Group.
US equity indexes rebounded while government bond yields slumped on Friday as the odds of an interest-rate cut at the upcoming December Federal Reserve meeting almost doubled following remarks by a close ally of Fed Chair Jerome Powell.
* Bets on Fed rate cut boost market after New York Fed President Williams' dovish comments. * All three major US stock indexes on course for weekly declines. * Cryptocurrencies pare losses after bitcoin touches multi-month lows. * Dollar softens against yen but still on track for weekly gain. By Stephen Culp.
National Bank noted the release of Q3 GDP data next Friday will attract a lot of attention. According to National Bank, international trade is expected to have contributed significantly to growth during the quarter, with exports rebounding after a collapse in the second quarter.
* TSX ends up 0.9% at 30,160.65. * For the week, the index loses 0.5% * Technology and financials both add 1.3% * Magna International (MGA) shares jump 5.6% By Fergal Smith. Canada's main stock index clawed back much of its weekly decline on Friday as financial and technology shares climbed on rising hopes that the Federal Reserve will cut U.S. interest rates in December.
US equity indexes closed higher Friday after New York Fed President John Williams suggested a rate cut in the December monetary policy meeting. * Williams said Friday he sees "room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral," adding that Fed can achieve both its goals by maintaining balance.
The Bank of Japan is "nearing" a decision to raise interest rates and will not wait until after next year's spring wage negotiations end, its board member Kazuyuki Masu was quoted in the Nikkei newspaper as saying.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Catholic Order of Foresters. The Credit Ratings reflect COF?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
General Motors Co (GM) stock is trading higher Friday afternoon, capitalizing on a sharp dovish pivot from Federal Reserve officials that has recalibrated market expectations for a Dec. 10 interest rate cut.
The Canadian dollar may face upward pressure in the near term as positioning and technical signals point to downside risk for USD/CAD ahead of next week's domestic growth data, according to RBC Capital Markets' latest CAD Weekly Soundbites.
CHICAGO, Nov. 21, 2025 ?Ziegler, a specialty investment bank, is pleased to announce the successful closing of an $80,000,000 tax-exempt fixed rate bond issue for Brazos Presbyterian Homes. BPH is?nationally recognized for its scale and impact, ranking 129th among the nation's largest multi-site nonprofit senior living providers in the LeadingAge Ziegler 200.
US equity indexes rebounded ahead of Friday's close as the odds of an interest-rate cut at the upcoming December Federal Reserve meeting almost doubled after remarks by a Fed official.
Fitch: * FITCH ON U.S. BANKS SAYS ALTHOUGH IT EXPECTS SLIGHTLY WEAKER ECONOMY IN 2026, BANK OPERATING ENVIRONMENT WILL REMAIN SUPPORTIVE. * FITCH ON U.S. BANKS: NET INTEREST INCOME WILL REMAIN STEADY FOR 2026 AS MODEST MARGIN PRESSURES OFFSET BY LOAN GROWTH, OVERALL STABLE CREDIT QUALITY.
Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index rising 1.4% and the Financial Select Sector SPDR Fund adding 1.1%. The Philadelphia Housing Index was climbing 4.1%, and the Real Estate Select Sector SPDR Fund was up 1.3%. Bitcoin was falling 3.1% to $83,817, and the yield for 10-year US Treasuries decreased 4.3 basis points to 4.06%. In economic n...
Consumer stocks were rising late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund increasing 1.3% and the Consumer Discretionary Select Sector SPDR Fund climbing 2.5%. The University of Michigan consumer sentiment index was revised higher to 51.0 for November from 50.3 in the preliminary estimate, versus the 50.6 outlook in a survey compiled by Bloomberg.
Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index rising 1.4% and the Financial Select Sector SPDR Fund adding 1.1%. The Philadelphia Housing Index was climbing 4.1%, and the Real Estate Select Sector SPDR Fund was up 1.3%. Bitcoin was falling 3.1% to $83,817, and the yield for 10-year US Treasuries decreased 4.3 basis points to 4.06%. In corporate ...
Latin American assets were heading
for sharp weekly declines on Friday, as emerging markets
remained risk-averse even as uncertainty over U.S. Federal
Reserve policy and fears of a potential AI ...
* Fed rate bets increase after New York Fed Governor Williams' dovish comments. * All three major US stocks remain on course for weekly declines. * Cryptocurrencies pare losses after bitcoin touches multimonth lows. * Dollar softens against yen but still on track for weekly gains. By Stephen Culp.
The University of Michigan consumer sentiment index for November was revised higher to 51.0 from the preliminary estimate of 50.3, but was still below October's reading of 53.6. Michigan said that inflation expectations declined sharply in the month but remain a concern for consumers now that the government shutdown has ended.
* Alphabet up more than 4% * Lilly becomes first drugmaker to join trillion-dollar club. * Indexes up: Dow 1.7%, S&P 500 1.8%, Nasdaq 1.9% By Caroline Valetkevitch.
New York Fed President John Williams said that monetary policy is "modestly restrictive" and that he sees room for a further downward adjustment to the federal funds rate "in the near term" to move it closer to the rate of neutral.
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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