Brazil's annual inflation fell back within the central bank's target range in early November, official data showed on Wednesday, marking the first time since mid-January that the consumer price index met the target band. Prices in Latin America's largest economy rose 4.50% in the 12 months through mid-November, government statistics agency IBGE said, down from 4.94% a month earlier.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?a+? from ?a? and affirmed the Financial Strength Rating of A of Group Ark Insurance Limited. The ratings reflect Ark?s consolidated balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
Moody's Ratings has put McLaren Health Care Corporation's A1 revenue bond ratings under review for downgrade after Indiana ended a key Medicaid contract with the company.
Artificial Intelligence is not a core part of operations at most of the world's central banks and digital assets are off the table, according to a survey released on Wednesday by the Official Monetary and Financial Institutions Forum.
Wisconsin's February deal introduced a fixed spread tax-exempt tender that saved taxpayers millions ? and won The Bond Buyer's Deal of the Year award in the innovation category.
Ahead of Friday's release of Canada's gross domestic product numbers, Scotiabank has a bit more information to help with GDP tracking, including preliminary readings for some indicators in October. September GDP was guided to grow by 0.1% month over month, which the bank bumped up a tick to 0.2%. October is looking weak and likely to post a drop, stated Scotiabank.
The US dollar was mixed against its major trading partners early Wednesday -- up versus the pound and the yen, down versus the euro and Canadian dollar -- ahead of another busy day of economic releases before Thursday's Thanksgiving Day holiday.
* BOJ eyes rate hike as soon as next month - sources. * New Zealand dollar surges on hawkish RBNZ tilt. * Traders anticipate December Fed cut, weigh new Fed chair. * Sterling choppy as investors digest OBR forecasts. By Ozan Ergenay and Rae Wee.
The benchmark US stock measures were trending higher before Wednesday's open as investors digest key economic data amid continuing optimism that the Federal Reserve will deliver another rate cut next month. The S&P 500 rose 0.3% and the Dow Jones Industrial Average was up 0.1% before the bell, while the Nasdaq gained 0.4%. The indexes closed Tuesday higher for a third straight session.
* Futures up: Dow 0.07%, S&P 500 0.17%, Nasdaq 0.25% * HP falls on dour profit forecasts, announces layoffs. * Dell gains after strong revenue, profit forecasts. By Johann M Cherian and Pranav Kashyap.
* Traders see 83% chance of US interest rate cut in December. * US retail sales rose less than expected in September. * US consumer confidence falls in November. By Noel John. Gold prices rose more than 1% to a near two-week high on Wednesday, after benign U.S. economic data reinforced expectations of a Federal Reserve interest rate cut next month, supporting non-yielding bullion.
Image: Bitcoin Munari Bitcoin Munari announced the opening of Phase 2 of its public presale at a fixed price of $0.22. The new round continues the project?s structured distribution model, which progresses through predefined allocations and pricing ahead of BTCM?s January 2026 release as a Solana SPL token.
Outstanding loans in Brazil rose 0.9% in October from the previous month, while the 12-month pace held steady at 10.2%, central bank data showed on Wednesday. * Bank credit in Latin America's largest economy reached 6.9 trillion reais.
European bourses tracked moderately higher midday Wednesday as traders awaited the disclosure of a UK national budget plan from the Labor government, and mulled reports of possible Ukraine-Russia ceasefire. Tech, bank and oil stocks led gains on continental trading floors, while food shares lagged.
-By Anna Szymanski, Editor in Charge, Reuters Open Interest. What matters in U.S. and global markets today. Weaker-than-expected U.S. economic data has upped bets for a Federal Reserve interest rate cut next month, giving global equities a boost as we move into the Thanksgiving holiday.
Nov 26 - By Anna Szymanski, Editor in Charge, Reuters Open Interest. What matters in U.S. and global markets today. Weaker-than-expected U.S. economic data has upped bets for a Federal Reserve interest rate cut next month, giving global equities a boost as we move into the Thanksgiving holiday. Also, check out Mike on the latest episode of the new Morning Bid daily podcast.
Wall Street futures pointed moderately higher pre-bell Wednesday, as traders again gravitated toward tech shares and mulled a likely rate cut by the Federal Reserve at the central bank's December policy meeting.
Wall Street extended its rally on Wednesday as revived tech strength and the increasing probability of a December interest rate cut from the U.S. Federal Reserve put investors in a buying mood the day before the Thanksgiving holiday.
* Futures up: Dow 0.20%, S&P 500 0.27%, Nasdaq 0.35% U.S. stock index futures edged higher on Wednesday, as investors priced in a potential interest rate cut by the Federal Reserve in December and awaited economic data for greater clarity over the health of the world's largest economy.
By Polina Devitt. Copper prices rose to their highest in almost a month on Wednesday on growing expectations that the U.S. Federal Reserve will cut interest rates in December and that prices will rise further after outflows to U.S. stocks.
Retailers in the U.S. are gearing up for Black Friday, the day after Thanksgiving, which kicks off the holiday shopping season that typically account for a third of U.S. retailers' annual profits. WHY IS IT CALLED 'BLACK' FRIDAY?
For Matt Hassett, founder of New York-based sleep wellness brand Loftie, the year-end holiday rush has always kept him on his toes. But this time, it has turned chaotic as import tariffs on China, from where Loftie sources its sunrise lamps and phone-free alarm clocks, disrupted supply chain. "It's been very difficult to prepare.
Pinnacle Financial Partners (PNFP) and Synovus Financial (SNV) said late Tuesday their planned merger received regulatory approval from the US Federal Reserve. Shareholders of both companies already approved the merger on Nov. 6 and the transaction is now expected to close on Jan. 1, 2026, the companies said.
Asian stock markets gained ground Wednesday, as the odds of a US Federal Reserve interest rate cut next month remained largely intact Tuesday following fresh economic data. Hong Kong and Tokyo finished in the green, though Shanghai edged lower. In Japan, the Nikkei 225 opened higher and rose to the close, finishing up 1.9% on a rally in tech shares.
* BOJ eyes rate hike as soon as next month - sources. * New Zealand dollar surges on hawkish RBNZ tilt. * Traders anticipate December Fed cut, weigh new Fed chair. * Sterling steadies ahead of UK budget announcement. By Ozan Ergenay and Rae Wee.
* World stocks rise for fourth day running. * Sterling advances ahead of UK budget. * Oil stabilises after fall on signs of Ukraine-Russia peace deal. By Marc Jones. Growing U.S. rate cut bets lifted world stocks for a fourth straight day on Wednesday, while in Europe hopes were growing for a Ukraine peace deal and UK markets were bracing for a bruising budget later.
Global stocks advanced for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained intact, while sterling was whipsawed by Britain's fiscal watchdog inadvertently publishing new forecasts before a UK budget release.
-Deutsche Bank raised its 2026 gold price forecast to $4,450 an ounce from $4,000 on Wednesday, citing stabilising investor flows and persistent central bank demand. The bank now expects a $3,950-$4,950 range next year, with the top end about 14% above the current price of the December 2026 COMEX gold futures contract.
Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in a U.S. currency made more volatile by President Donald Trump's actions, the European Central Bank said on Wednesday.
* Traders see 83% chance of US interest rate cut in December. * US retail sales rose less than expected in September. * US consumer confidence falls in November. By Noel John. Gold prices rose to a near two-week high on Wednesday, after benign U.S. economic data reinforced expectations of a Federal Reserve interest rate cut next month, supporting non-yielding bullion.
TORTOLA, British Virgin Islands, Nov. 26, 2025 Worldwide?Stablecoin Payment Network today announced the launch of W Earn, an institutional-grade yield product that enables WUSD holders to earn offers an indicative target yield of around 4%. The product is now live at wearn.app. "W Earn represents our commitment to making institutional-grade financial products accessible through simple, complia...
European shares inched higher on Wednesday, supported by mounting expectations of U.S. rate cuts and signs of movement in Ukraine peace talks, while investors waited for the UK's budget announcement. The pan-European STOXX 600 rose 0.4% to 570.25 points by 0807 GMT, after posting its strongest daily gain in two weeks on Tuesday.
Japan's government said consumer sentiment on the economy was recovering despite persistent inflation in a monthly report published on Wednesday. In its monthly economic assessment, the government reiterated a cautiously optimistic view that the world's fourth-largest economy is recovering moderately, while warning of downside risks from U.S. trade policies.
The yield gap between U.S. and German government bonds hovered around its tightest level in more than two months on Wednesday, as traders ramped up bets on Federal Reserve rate cuts while expecting the European Central Bank to stay firmly on hold.
* 85% chance of December rate cut - CME FedWatch. * Data show US retail sales for Sep slow, producer prices up 2.7% * Fed's system of managing rates struggling - US Treasury Secretary. By Ishaan Arora. Nov 26 - Gold touched a near two-week high on Wednesday, after U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve in December and weighed on the dollar.
* BOJ preparing markets for possible rate hike as soon as next month - sources. * New Zealand dollar surges on hawkish RBNZ tilt. * Traders anticipate December Fed cut, consider outlook for U.S. policy under new Fed chair. * Sterling on guard ahead of UK budget announcement. By Rae Wee.
By Rocky Swift and Junko Fujita. Japanese government bonds slid on Wednesday, with short-term yields touching 17-year highs, as investors weighed the financial burden of a massive stimulus and chances for a near-term rate hike by the central bank. The benchmark 10-year JGB yield rose 0.5 basis point to 1.805%, after a 2.5 bps increase in the previous session.
* 84% chance of December rate cut - CME FedWatch. * Data show US retail sales for Sep slow, producer prices up 2.7% * Fed's system of managing rates struggling - US Treasury Secretary. By Ishaan Arora. Nov 26 - Gold climbed a near two-week high on Wednesday, after new U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve in December and weighed on the dollar.
* BOJ preparing markets for possible rate hike as soon as next month. * New Zealand dollar surges on hawkish RBNZ tilt. * Traders anticipate December Fed cut, consider outlook for U.S. policy under new Fed chair. * Sterling on guard ahead of UK budget announcement. By Rae Wee.
The yen weakened against the dollar on Wednesday, after an initial boost from speculation about a possible Bank of Japan rate hike next month faded, while sterling advanced on a UK budget that offered a larger-than-expected fiscal buffer.
Global stocks rallied for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained elevated, while sterling was whipsawed by Britain's fiscal watchdog inadvertently publishing new forecasts before a UK budget release.
* Traders anticipate December Fed cut, consider outlook for US policy under new Fed chair. * New Zealand dollar surges as RBNZ dials back on dovish forward guidance. * Hotter-than-expected Australian inflation print lifts Aussie dollar. * Sterling on guard ahead of UK budget announcement. By Rae Wee.
* RBNZ signals end to easing cycle as economy shows signs of recovery. * NZ dlr rises, traders reduce expectations for further rate cuts. * RBNZ forecasts cash rate at 2.65% by Q4 2027, indicating hawkish stance. By Lucy Craymer.
* Stocks rise following third day of gains for S&P 500. * Oil stabilises after fall on signs of Ukraine-Russia peace deal. * Sterling steady ahead of UK budget. By Gregor Stuart Hunter. Asian stocks rose on Wednesday, chasing gains on Wall Street as weaker-than-expected economic data spurred expectations that the Federal Reserve will cut interest rates at its policy meeting next month.
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.
Log In Required
Publication Date