* FITCH - PLACES EUROCLEAR BANK ON RATING WATCH NEGATIVE. * FITCH- ALSO PLACED ON RWN EUROCLEAR BANK'S AND EH'S VIABILITY RATINGS OF 'AA', SHORT-TERM IDRS OF 'F1+' AND DEBT RATINGS. * FITCH- RWN REFLECTS FITCH'S VIEW OF POTENTIALLY INCREASED LIQUIDITY AND LEGAL RISKS FOR EUROCLEAR BANK Source: https://tinyurl.com/3srmczss.
Chile's central bank on Tuesday trimmed its benchmark interest rate by 25 basis points to 4.5% in a unanimous decision, in line with expectations, as inflation further cooled. In both October and November, annual inflation came in at 3.4%, within the central bank's target range of 2% to 4%.
Inflation reports may drive markets in 2026 since the labor market is "sending mixed messages," said Kevin O'Neil, associate portfolio manager and senior research analyst at Brandywine Global.
* Healthcare sector slides; Pfizer's (PFE) forecast disappoints. * US job growth rebounded in November; unemployment rate at 4.6% By Abigail Summerville and Johann M Cherian. Wall Street's main indexes pared some losses on Tuesday afternoon with the Nasdaq closing up, and the S&P 500 and the Dow closing lower, impacted by declines in healthcare and energy stocks.
Citadel's CEO Ken Griffin has urged President Donald Trump to create "distance" between the Federal Reserve and the White House, the Financial Times reported on Tuesday, as economic adviser Kevin Hassett emerges as one of the frontrunners to lead the U.S. central bank.
Citadel's CEO Ken Griffin has urged President Donald Trump to create "distance" between the Federal Reserve and the White House, the Financial Times reported on Tuesday, as economic adviser Kevin Hassett emerges as one of the frontrunners to lead the U.S. central bank.
Financial stocks were lower late Tuesday afternoon, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each shedding 0.5%. The Philadelphia Housing Index was falling 0.9%, and the State Street Real Estate Select Sector SPDR ETF was down 0.6%. Bitcoin was increasing 2.1% to $87,755, and the yield for 10-year US Treasuries fell 3.5 basis points to 4.15%. In econom...
New research from the Federal Reserve Bank of Dallas is building the case for a change in the interest rate the central bank targets to achieve its monetary policy goals.
Financial stocks were lower late Tuesday afternoon, with the NYSE Financial Index shedding 0.6% and the State Street Financial Select Sector SPDR ETF down 0.5%. The Philadelphia Housing Index was falling 1.3%, and the State Street Real Estate Select Sector SPDR ETF was down 0.7%. Bitcoin was increasing 1.2% to $87,477, and the yield for 10-year US Treasuries fell 3 basis points to 4.15%. In cor...
* Dallas Fed warns federal funds rate losing its potency. * Tri-party general collateral rate works better to transmit monetary policy. * Dallas Fed paper comes as bank leader Logan argues for reform. By Michael S. Derby. New research from the Federal Reserve Bank of Dallas is building the case for a change in the interest rate the central bank targets to achieve its monetary policy goals.
Bitcoin is up 1% on Tuesday after weaker U.S. unemployment data revived expectations of the Federal Reserve delivering another rate cut in January. Notable Statistics: Notable Developments: Trader Notes: Crypto technical analyst Kevin said Bitcoin is behaving as expected in the late stages of a major correction.
Further interest rate cuts could put U.S. monetary policy on an accommodative footing that stimulates economic growth and puts the country at risk of a new jump in inflation and inflation expectations, Atlanta Federal Reserve President Raphael Bostic said on Tuesday.
* * Economists expected 50,000 jobs, actual increase was 64,000. * Fed unlikely to cut rates soon, awaits job market clarity. By Karen Brettell. U.S. Treasury yields fell on Tuesday after data showed an unexpected increase in the unemployment rate last month, though analysts also noted that the data is less reliable than usual due to government shutdown-related distortions.
The November employment report was mixed, with payrolls growth stronger than expected but following a sharp October drop, the unemployment rate higher, and hourly earnings growth slower than expected. Nonfarm payrolls rose by 64,000 in November after a 105,000 decline in October and a 108,000 gain in September.
U.S. President Donald Trump is set to interview Federal Reserve governor Christopher Waller for Fed chair on Wednesday, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report.
* Healthcare sector slides; Pfizer's (PFE) forecast disappoints. * US job growth rebounded in November; unemployment rate at 4.6% * Indexes down: Dow 0.63%, S&P 500 0.42%, Nasdaq 0.06% By Abigail Summerville and Johann M Cherian. Dec 16 - Wall Street's main indexes slipped on Tuesday, impacted by declines in healthcare and energy stocks, but the Nasdaq pared some losses in the afternoon.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC PRESIDENT MIKE HUTCHINS TO REMAIN PRESIDENT; FREDDIE MAC NAMES NEW CEO, KENNY M. SMITH Source text: Further company coverage:
Freddie Mac today announced that its Board of Directors has selected Kenny M. Smith, a seasoned financial services leader, as the company?s chief executive officer, effective December 17. Mr. Smith brings nearly 40 years of experience providing strategy, operational, risk management and governance counsel to a diverse array of financial services companies and institutions.
US benchmark equity indexes were lower intraday as traders parsed the latest economic data, including a report showing the unemployment rate reached the highest level in more than four years. The Dow Jones Industrial Average was down 0.9% at 47,985.8 after midday Tuesday, while the S&P 500 fell 0.7% to 6,766.
New York Life Investments launched a new actively managed municipal bond ETF, designed to serve those investors wanting to attain higher levels of tax-exempt income with interest rates near record highs. ? What?s ahead for MMCA stock?
Financial stocks were lower Tuesday afternoon, with the NYSE Financial Index shedding 0.9% and the State Street Financial Select Sector SPDR ETF down 0.7%. The Philadelphia Housing Index was falling 1.1%, and the State Street Real Estate Select Sector SPDR ETF was down 0.7%. Bitcoin was increasing 2.7% to $87,707, and the yield for 10-year US Treasuries was shedding 2.1 basis points to 4.16%. I...
* Milei's economic reforms tie peso to inflation. * Analysts see potential for Argentina's market return. * Central bank aims to boost FX reserves by $17 billion. * Argentina's ninth sovereign default occurred in 2020. By Marc Jones.
Morocco's central bank held its benchmark interest rate at 2.25% for a third consecutive meeting on Tuesday, saying current borrowing costs were appropriate given easing inflation domestically and global economic uncertainty.
Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index shedding 0.9% and the State Street Financial Select Sector SPDR ETF down 0.7%. The Philadelphia Housing Index was falling 1.1%, and the State Street Real Estate Select Sector SPDR ETF was down 0.7%. Bitcoin was increasing 2.7% to $87,707, and the yield for 10-year US Treasuries was shedding 2.1 basis points ...
US equity indexes fell along with government yields and crude oil in midday trading on Tuesday as investors weighed a deluge of macroeconomic data. The Dow Jones Industrial Average fell 0.8% to 48,041.7, with the S&P 500 down 0.6% to 6,772.9, and the Nasdaq Composite 0.4% lower at 22,969.5. All sectors were down, with health care and energy leading the retreat.
US private-sector output growth hit a six-month low in December as price pressures intensified "noticeably," according to S&P Global's (SPGI) flash purchasing managers' index released Tuesday. The composite output index fell to 53 this month from 54.2 in November, representing its lowest point since June, the data provider said.
An independent audit has formally verified the physical gold reserves backing Gold Dollar, the gold-backed stablecoin introduced under the regulatory framework of the Kyrgyz Republic. Image: Independent audit verifies gold reserves backing Kyrgyzstan?s USDKG stablecoin The audit was conducted by Kreston Global, a major international accounting network.
* Wall Street dips after US economic data. * US adds jobs in November but unemployment rate rises. * BoE, ECB and BoJ meet later in the week. * Brent futures drop below $60 a barrel for first time in months. By Sin?ad Carew and Elizabeth Howcroft.
US equity indexes fell along with government yields and crude oil in midday trading on Tuesday as investors weighed a deluge of macroeconomic data. The Dow Jones Industrial Average fell 0.5% to 48,198.9, with the S&P 500 down 0.5% to 6,781.2, and the Nasdaq Composite 0.4% lower at 22,976.5. All but two sectors, technology and consumer discretionary, fell.
* Healthcare sector slides; Pfizer's (PFE) forecast disappoints. * US job growth rebounded in November; unemployment rate at 4.6% * B. Riley jumps after reporting Q2 profit vs year-ago loss. * Indexes off: Dow 0.48%, S&P 500 0.48%, Nasdaq 0.28% By Johann M Cherian and Shashwat Chauhan.
NEW YORK, NY / ACCESS Newswire / December 16, 2025 / For a century, the world has operated on a comfortable illusion. That era of blind trust is ending. SMX is positioned squarely at the center of the coming reset. The World Thinks It Knows What's in Its Vaults...
The unemployment rate for two U.S. groups that are often the most vulnerable to job loss in a softening economy - Blacks and teenagers - surged to the highest levels in more than four years in November, Labor Department data showed on Tuesday.
All three major US stock indexes were pointing lower in late-morning trading on Tuesday, as investors digested the November jobs report. The unemployment rate rose to 4.6% in November from 4.4% in September, compared with a 4.5% rate expected, while the labor force participation rate rose to 62.5% from 62.4% in September.
The unemployment rate for two U.S. groups that are often the most vulnerable to job loss in a softening economy - Blacks and teenagers - surged to the highest levels in more than four years in November, Labor Department data showed on Tuesday.
Bitcoin is down 3% over the past week, dashing expectations that the Federal Reserve?s rate cut the week prior would spark a relief rally. According to Wintermute?s latest market update, the rate cut, which came with projections implying just one rate cut across all of 2026, has resulted in uncertainty rather than upside momentum for Bitcoin.
Greystone, a leading national commercial real estate finance company, announced it has provided a $28,946,000 Fannie Mae DUS? loan for the acquisition of Sphere Apartments, a multifamily community located in Richmond, Virginia. The $28,946,000 financing features a five-year term with interest-only payments for the full-term of the loan.
Retail sales were flat in October as outlays on motor vehicles and at fuel stations declined, delayed data from the US Census Bureau showed Tuesday. Sales remained unchanged in October, compared with the Bloomberg-compiled consensus for growth of 0.1%. The pace of increase in September was revised down to 0.1%. The report was delayed because of a recent federal government shutdown.
The Bank of Canada received some comforting news on Monday with the as expected 0.1% month-over-month non-seasonally adjusted November consumer price index print, while the headline inflation rate did come in a tad below market expectations, staying at 2.2% year over year instead of inching up to 2.3% as the consensus had penciled in, noted Rosenberg Research.
Job growth rebounded in November after payrolls declined in October, while the unemployment rate shot up to the highest level in more than four years, delayed government data showed Tuesday. Total nonfarm payrolls rose by 64,000 last month, the Bureau of Labor Statistics said. The November report was delayed by more than a week because of the recent federal government shutdown.
* B. Riley jumps after reporting Q2 profit vs year-ago loss. * US job growth rebounded in November; unemployment rate at 4.6% * Indexes: Dow down 0.02%, S&P 500 down 0.03%, Nasdaq up 0.15% By Johann M Cherian and Shashwat Chauhan.
Chile's central bank will announce its policy decision at 4 p.m. ET on Tuesday. According to Deutsche Bank, the persistence of core inflation and the behavior of services inflation prescribe continued caution, while the performance of activity and the labor market affords the BCCh the space to avoid rushing the next cut.
Software as a service platform Adaje has acquired bond structuring software provider Munex and hired 25-year muni veteran Jon Sidman as its chief product officer.
Former Federal Reserve governor Kevin Warsh has emerged as the new frontrunner to succeed Jerome Powell as Chair of the Federal Reserve. What Happened: On Tuesday, Polymarket traders assign Warsh a 46% probability to be President Trump?s nominee?up from 39% on Monday and a sharp rise from 11% one week prior.
Democratic Sens. Chris Van Hollen from Maryland and John Fetterman from Pennsylvania are reintroducing a bill to aid the public transit sector, a funding reduction target under Trump's administration.
White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns he might be too close to the president. "The Federal Reserve's independence is really, really important," Hassett said in an interview with CNBC.
* US November unemployment rate at 4.6% * CPI and PCE data due later this week. * Platinum rises to 14-year peak. By Sarah Qureshi and Noel John. Gold prices rose on Tuesday as investors analyzed a U.S. jobs report that showed the unemployment rate rose last month from September, reinforcing bets of rate cuts by the U.S. Federal Reserve and sending the dollar index lower.
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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