Oil prices steadied on Tuesday after slipping 2% in the previous session, as market participants kept a close eye on peace talks to end Russia's war in Ukraine and a looming decision on U.S. interest rates. Brent crude futures were down 2 cents, or 0.03%, to $62.47 a barrel at 0101 GMT.
The U.S. dollar advanced on Tuesday as better-than-expected job-market figures underscored a still resilient labor market ahead of the Federal Reserve's anticipated rate cut, with policymakers likely to emphasize inflation risks that could constrain further easing moves. Markets are also bracing for several more central bank decisions before the weekend.
* Investor confidence wary as tsunami warnings downgraded. * U.S. Treasury bonds stabilise after three-day losing streak. * Reserve Bank of Australia decision due at 0330 GMT. By Gregor Stuart Hunter.
Yields on five-year Japanese government bonds held near a 17-year high on Tuesday ahead of an auction of the notes and as investors priced in the likelihood of rate hikes by the central bank. Japanese markets were also on edge following damage reports from a powerful earthquake that struck the northeastern region of the country late Monday evening.
Financial pundits seem convinced that the new Federal Reserve chair will be an uber-dovish Donald Trump loyalist intent on slashing interest rates regardless of the economic fundamentals. Jerome Powell, whose eight-year term as Fed chair ends in May, is widely expected to be replaced by the President's top economic adviser Kevin Hassett. Hassett is undoubtedly a Trump loyalist.
Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are taken public again through initial public offerings.
Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are taken public again through initial public offerings.
* US stocks drop as investors wait for Fed rate decision. * Fed expected to deliver rate cut on Wednesday. * Rates set to stay on hold in Canada, Switzerland, Australia. By Caroline Valetkevitch.
Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today. Today's Key Market Moves.
Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
US equity indexes fell on Monday, taking a breather near record highs, as gains in government bond yields signal potential unease with policy guidance expected from the Federal Reserve by mid-week.
A 25-basis-point cut is almost fully priced for the Dec. 10 Federal Reserve meeting, with CME FedWatch data showing nearly a 90% chance for the third straight interest-rate reduction. Yet, some analysts are warning traders not to get overly excited about the move itself.
Canada's main stock index closed lower on Monday, weighed down by metal and mining shares and as investors booked profits while awaiting monetary policy decisions in the U.S. and Canada this week. Toronto's S&P/TSX Composite Index closed down 141.44 points, or 0.45%, at 31,169.97. The benchmark index posted a fresh record high on Thursday but ended the week lower.
Bond investors are positioning for a shallow easing cycle from the Federal Reserve as it gears up for its final policy meeting of 2025, reducing exposure to long-duration Treasuries and rotating into intermediate maturities for juicier returns.
The Toronto Stock Exchange fell for a second-straight session on Monday on fading expectations for an interest-rate cut this week from the Bank of Canada. The S&P Composite Index closed down 141.44 points to 31,169.97, continuing to drop off last Thursday's record high of 31,477.57. Most sectors were lower, with communication services, health care and materials leading the decliners.
Issuers mostly avoided pricing deals in the previous weeks the Fed met this year, but that's not the case this week, said Pat Luby, head of municipal strategy at CreditSights, and Wilson Lees, an analyst at the firm.
TEL AVIV, Israel, Dec. 8, 2025 Arbe Robotics?Ltd., a global leader in perception radar solutions, today announced that, subject to approval of the bondholders,?it proposes to extend to December 31, 2026 the deadline for meeting the conditions under its series A convertible bonds for the release of the proceeds raised from the issuance of the convertible bonds which proceeds are held by the trus...
US equity indexes closed lower Monday as government bond yields rose and investors awaited the Fed's upcoming decision on interest rates. * Ahead of the Fed meeting, the current chances of the Federal Open Market Committee announcing a 25-basis-point reduction in interest rates on Wednesday are 89.4%, up from 86.2% on Friday, according to the CME FedWatch tool.
Nearly $51.9 million in Affordable Housing Program subsidy will benefit affordable housing development in Kentucky, Ohio and Tennessee CINCINNATI, Dec. 8, 2025 Federal Home Loan Bank of Cincinnati President and CEO Andrew S. Howell announced the recipients of 56 Affordable Housing Program grants totaling nearly $51.9 million?marking FHLB Cincinnati's largest grant announcement in AHP history.
* 'Hawkish cut' expected for Fed. * Rates seen on hold in Australia, Canada, Switzerland and Brazil. * Japan hit by strong earthquake; yen falls. * Aussie dollar hits 2-1/2-month high as hike swings into view. By Amanda Cooper and Gertrude Chavez-Dreyfuss.
* Japan earthquake prompts concerns over inflation, economic growth. * Fed expected to announce rate cut on Wednesday. * US Treasury yields rise, with 10-year note reaching highest level since September. By Chuck Mikolajczak.
* US stocks drop as investors wait for Fed rate decision. * Fed expected to deliver rate cut on Wednesday. * Rates set to stay on hold in Canada, Switzerland, Australia. By Caroline Valetkevitch.
This is the first upgrade of bonds supported by assets currently or formerly in the Puerto Rico government's hands since the passage of PROMESA in 2016.
Latin American currencies extended their slide on Monday as investors fretted over political uncertainty and looked ahead to central bank decisions, while Brazilian equities recovered from a sharp ...
KBRA is pleased to announce the assignment of preliminary ratings to three classes of FREMF Series 2025-K763 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-763. The underlying transaction is collateralized by 27 fixed-rate multifamily mortgage loans.
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each shedding 0.6%. The Philadelphia Housing Index was falling 1.2%, and the Real Estate Select Sector SPDR Fund was down 0.4%. Bitcoin was 1.1% lower at $90,463, and the yield for 10-year US Treasuries was rising 3.5 basis points to 4.17%. In sector news, Oppenh...
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each shedding 0.6%. The Philadelphia Housing Index was falling 1.2%, and the Real Estate Select Sector SPDR Fund was down 0.4%. Bitcoin was 1.1% lower at $90,463, and the yield for 10-year US Treasuries was rising 3.5 basis points to 4.17%. In corporate news, Bla...
US equity indexes fell in midday trading on Monday amid gains in government bond yields and the dollar as investors keenly await monetary policy projections from an interest rate-setting meeting mid-week.
The Toronto Stock Exchange's S&P/TSX Composite Index weakened for a third-straight session midday on Monday on fading expectations for an interest-rate cut this week from the Bank of Canada.
* Wall Street stocks down early. * Fed expected to deliver rate cut on Wednesday. * Rates set to stay on hold in Canada, Switzerland, Australia. By Caroline Valetkevitch. U.S. Treasury yields rose and the dollar gained against the Japanese yen on Monday as investors assessed the potential impact of a strong earthquake in Japan, while major stock indexes were slightly lower.
NEWARK, Del. Against a backdrop of accelerated infrastructure development, automation-driven manufacturing, and rapid adoption of cordless technologies, power tools are shifting from traditional mechanical equipment to high-performance, digitally enhanced productivity systems.
Silver steadied near $58.50 an ounce in Asian trading on Monday, just below last week's all-time high, as traders braced for a widely expected Federal Reserve rate cut. The metal has more than doubled this year, outperforming gold's 60% surge by a wide margin. One-month lease rates in London remain near 6%, underscoring how scarce physical supply has become.
* Indexes off: Dow 0.35%, S&P 500 0.32%, Nasdaq 0.18% * Paramount Skydance (PSKY) launches a hostile bid for Warner Brothers. * Confluent jumps after report IBM nears $11 bln buyout deal. * Oppenheimer sets Street-high 8,100 S&P 500 target for 2026. By Johann M Cherian and Pranav Kashyap.
* Fed to decide on rate cut at two-day meeting. * European leaders meet Ukraine's Zelenskiy in London. * Markets price in 90% chance of Dec rate cut. By Sarah Qureshi and Arunima Kumar. Dec 8 - Gold prices edged slightly down on Monday as investors stayed cautious ahead of the U.S. Federal Reserve's two-day policy meeting and Chair Jerome Powell's remarks for clues on future monetary policy.
* Money markets now see zero chance of an ECB rate cut in 2026. * ECB's Schnabel says a hike is more likely than a cut. * Stronger euro zone data challenges expectations for policy easing. * Weakness in Japanese bond markets adds pressure on euro area long-dated debt. By Samuel Indyk and Stefano Rebaudo.
* Japan earthquake prompts concerns over inflation, economic growth. * Fed expected to announce rate cut on Wednesday. * US Treasury yields rise, with 10-year note reaching highest level since September. By Chuck Mikolajczak.
* 'Hawkish cut' expected for Fed. * Rates seen on hold in Australia, Canada, Switzerland and Brazil. * Japan hit by strong earthquake; yen falls. * Aussie dollar hits 2-1/2-month high as hike swings into view. By Amanda Cooper and Gertrude Chavez-Dreyfuss.
Consumer expectations for one-year US inflation growth remained at a 3.2% gain in November after falling to that point in October, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained at a 3.0% gain for the three-year period and five-year periods.
Morgan Stanley (MS), Standard Chartered (SCBFF) and Nomura became the latest brokerages to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in the labor market ramped up hopes of lower borrowing costs.
U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal Reserve report released on Monday showed.
Canada's main stock index was subdued on Monday, with technology shares leading gains, ahead of crucial monetary policy decisions in the U.S. and Canada later this week. Toronto's S&P/TSX Composite Index was flat at 31,296.10 points by 10:00 a.m. ET. "December is usually a good month for the market.
* Indexes: Dow down 0.26%, S&P 500 up 0.01%, Nasdaq up 0.31% * Paramount Skydance (PSKY) launches a hostile bid for Warner Brothers. * Confluent jumps after report IBM nears $11 bln buyout deal. By Johann M Cherian and Pranav Kashyap.
Global equity funds attracted significant inflows in the week through December 3 as expectations of a potential Federal Reserve rate cut this week boosted risk sentiment. Investors bought global equity funds worth a net $7.93 billion during the week in a reversal from approximately $6.41 billion worth of net sales the prior week, LSEG Lipper data showed.
* Fed to decide on rate cut at two-day meeting. * Ukraine's Zelenskiy to meet European leaders in London. * Markets price in 90% chance of Dec rate cut. By Sarah Qureshi and Arunima Kumar. Dec 8 - Gold edged higher on Monday as investors grew more confident that the U.S. Federal Reserve will cut interest rates at its two-day policy meeting this week, while a softer dollar added support.
Wall Street's main indexes opened modestly higher on Monday as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later this week in a meeting that is shaping up to be one of the most divisive in years.
Wall Street's main indexes opened modestly higher on Monday as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later this week in a meeting that is shaping up to be one of the most divisive in years.
Canada's main stock index was subdued on Monday, with investors taking a breather ahead of crucial monetary policy decisions in the U.S. and Canada later this week. At 9:30 a.m. ET, Toronto's S&P/TSX composite index was down flat at 31,311.33 points.
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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