Sterling slightly pared its fall against the dollar on Thursday after UK economic data showed the economy grew more strongly than expected in November, but failed to affect the policy rate outlook. Traders priced in around 40 basis ?points of Bank of England rate cuts by September.
Caledonia Mining (CMCL) said late Wednesday it priced a $125 million private placement of 5.875% convertible senior unsecured notes due Jan. 15, 2033, upsized from a previously planned $100 million. Initial purchasers have an option to purchase up to an additional $25 million of the notes.
The German economy grew ?by 0.2% in ?the final ?quarter of ?last ?year and ?increased ?by 0.2% over the full-year ?2025, ?the ?Federal Statistics Office said on Thursday. The ?full-year increase in gross domestic product compared ?with ?a forecast by ?analysts polled by Reuters for 0.2% growth in 2025.
The European Central Bank's cooperation with the U.S. Federal Reserve will continue, ECB Vice-President Luis de Guindos told Politico in an interview published on Thursday, reaffirming support for the principle of central bank independence.
The European Central Bank's cooperation with the U.S. Federal Reserve will continue, ECB Vice-President Luis de Guindos told Politico in an interview published on Thursday, reaffirming support for the principle of central bank independence.
* * Move seen as signaling possible benchmark rate reductions. * PBOC has some room for rate, reserve ratio cuts, deputy gov says. China's central bank announced on Thursday cuts to sector-specific interest rates to provide an early boost to the ?economy, and signalled it has room this year for further reductions in banks' cash reserve requirements and for broader rate cuts.
* China 2025 new yuan loans 16.27 trln yuan, lowest since 2018. * Dec new yuan loans beat f'cast. * PBOC announces targeted monetary policy easing. BEIJING, Jan 15 - China's new bank loans totalled 16.27 trillion yuan in 2025, the lowest since 2018, highlighting weak borrowing needs as a prolonged property downturn and tepid demand suppressed business and household appetite for credit.
China will cut interest rates on various ?structural monetary policy ?tools by 25 basis points ?and boost ?its ?re-lending programme for ?supporting tech innovation ?by 400 billion yuan ?to ?1.2 ?trillion yuan, the central bank said on Thursday.
Chinese banks extended 910 billion yuan in new loans in December, up from 390 billion ?yuan in November and beating expectations, according ?to Reuters calculations based on ?data from the People's Bank ?of ?China on Thursday. The figure was above 800 ?billion yuan expected ?by 19 analysts polled by Reuters but lower than ?the 990 ?billion recorded ?in December 2024.
Rolling back the dollar's near 50% rise over the past 15 years was a pillar of Donald Trump's economic agenda. As the U.S. president heads to the World Economic Forum in Davos next week and celebrates the anniversary of his second inauguration, the mood around the greenback seems to have turned - even among some of last year's biggest bears. The reasons are relatively straightforward.
Reuters sat down with U.S. President Donald Trump for an interview in the Oval Office on Wednesday. TRUMP'S DOING IT HIS WAY. Trump repeatedly dismissed concerns by the public, business leaders and even his fellow Republicans on issues ranging from the future of Greenland and the criminal investigation into Federal Reserve Chairman Jerome Powell, to the state of the economy.
Reuters sat down with U.S. President Donald Trump for an interview in the Oval Office on Wednesday. TRUMP'S DOING IT HIS WAY. Trump repeatedly dismissed concerns by the public, business leaders and even his fellow Republicans on issues ranging from the future of Greenland and the criminal investigation into Federal Reserve Chairman Jerome Powell, to the state of the economy.
The Bank of Japan will likely wait until July before raising its key interest rate again, economists say, with more than 75% of them expecting it to climb to 1% or higher by September from the current three-decade high of just 0.75%.?. While the BOJ is expected to eventually lift rates a few more times to reach a median expected terminal rate of 1.5%, it remains well out ?of step with its gl...
The dollar reached a six-week high on Thursday after data showed that the number of Americans filing new applications for unemployment benefits unexpectedly fell last week, further boosting expectations that the Federal Reserve will keep rates on hold for the next several months.
U.S. President Donald Trump sat for an interview with Reuters in the Oval Office on Wednesday. FEDERAL RESERVE INDEPENDENCE. "A president should have something to say" about Fed policy, Trump said. Asked if he will remove Powell, Trump said, "I don't have any plan to do that." On the pushback by ?some Republican senators against the Justice Department probe, Trump said, "I don't care.
U.S. President Donald Trump sat for an interview with Reuters in the Oval Office on Wednesday. FEDERAL RESERVE INDEPENDENCE. "A president should have something to say" about Fed policy, Trump said. Asked if he will remove Powell, Trump said, "I don't have any plan to do that." On the pushback by ?some Republican senators against the Justice Department probe, Trump said, "I don't care.
U.S. President Donald Trump said on Wednesday he has no plans to fire Jerome Powell despite a Justice Department criminal investigation into the Federal Reserve chair, but it was "too early" to say what he would ultimately do. "I don't have any plan to do that," Trump told Reuters in an interview when asked if he would attempt to remove Powell ?from his job.
U.S. President Donald Trump said on Wednesday he has no plans to fire Jerome Powell despite a Justice Department criminal investigation into the Federal Reserve chair, but it was "too early" to say what he would ultimately do. "I don't have any plan to do that," Trump told Reuters in an interview when asked if he would attempt to remove Powell ?from his job.
* Pakistan signs deal with World Liberty affiliate SC Financial Technologies. * Deal will explore 'emerging digital payment architecture' * World Liberty CEO Zach Witkoff in Pakistan for talks. * Central bank plans digital currency pilot, virtual asset regulation. By Ariba Shahid.
While the U.S. CPI inflation report on Tuesday showed a slightly softer-than-expected annual increase in core prices, there's little reason for consumers or policymakers to cheer. For consumers, the sharp spike in food prices is a reminder - as if one were needed - of the ongoing affordability crisis.
* December wholesale prices up 2.4% yr/yr, matches forecast. * Yen-based import price index flat after 10 months of declines. * Weak yen may push up import prices, broader inflation. By Leika Kihara.
U.S. Treasury Secretary Scott Bessent met Japanese Finance Minister Satsuki Katayama on Monday and "emphasized the need for sound formulation and communication of monetary policy," the U.S. Treasury Department said in a statement on Wednesday.
Innventure, Inc. (INV), an industrial growth conglomerate, today announced that it has closed its previously announced registered direct offering of common stock to four institutional investors via a securities purchase agreement.
Major US equity indexes closed lower Wednesday amid disappointing bank earnings, mixed wholesale price inflation, and escalating geopolitical turmoil. * The US producer price index rose 0.2% in November, matching expectations and following a 0.1% gain in October.
January got off to a good start, with muni yields rallying through Jan. 7. Since then, yields have been steady to slightly richer in spots, with muni yields seeing some strength in the front end and belly of the curve.
CHICAGO, Jan. 14, 2026 John Koudounis, President and CEO of Calamos Investments, will participate in two marquee events during the 56th Annual World Economic Forum in Davos-Klosters, Switzerland, January 19?23, 2026.
Financial stocks declined in Wednesday late afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF shedding 0.2%. The Philadelphia Housing Index was falling 0.8%, and the State Street Real Estate Select Sector SPDR ETF rose 0.9%. Bitcoin was increasing 2.2% to $97,472, and the yield for 10-year US Treasuries fell 3 basis points ...
Financial stocks declined in Wednesday late afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF shedding 0.2%. The Philadelphia Housing Index was falling 0.8%, and the State Street Real Estate Select Sector SPDR ETF rose 0.9%. Bitcoin was increasing 2.2% to $97,472, and the yield for 10-year US Treasuries fell 3 basis points ...
Most Federal Reserve districts saw economic activity grow since late November, while the overall outlook was "mildly optimistic," the US central bank said in its latest Beige Book released Wednesday. Of the 12 districts, eight reported "slight to modest" growth, while three saw no change in activity.
The New York Federal ?Reserve's ?operations desk ?plans to ?conduct ?about $15.4 billion ?in ?reinvestment purchases and ?an ?additional ?approximately $40 billion in reserve ?management purchases between January 15 ?and ?February 12, ?it said in a schedule released on ?Wednesday.
A group of the world's leading central banks and over 40 major commercial banks are to step up testing of one of world's most closely watched digital payments projects, as the race to upgrade - and dominate - the international financial architecture heats up.
CEOs from top Wall Street banks JPMorgan Chase (JPM) and BNY voiced support for the independence of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chair Jerome Powell. The administration's investigation into Powell drew condemnation from former Fed chiefs and criticism from key members ?of the Republican Party this week.
CEOs from top Wall Street banks JPMorgan Chase and BNY voiced support for the independence of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chair Jerome Powell. The administration's investigation into Powell drew condemnation from former Fed chiefs and criticism from key members of the Republican Party this week.
A group of the world's leading central banks and over 40 major commercial banks are to step up testing of one of world's most closely watched digital payments projects, as the race to upgrade - and dominate - the international financial architecture heats up.
* Miran criticizes foreign support for Powell as inappropriate. * Other Fed officials defend Powell's integrity, independence. * Trump plans to replace Powell with rate-cut supporter. By Lefteris Papadimas and Howard Schneider.
Atlanta Fed President Raphael Bostic said that the FOMC should maintain its restrictive stance, saying that efforts to bring inflation down to the 2% goal have not been fully realized yet. Fed Governor Stephen Miran said that deregulation has the potential to slow cost increases while at the same time increasing potential output, supporting the FOMC's ability to lower rates further.
US producer price growth accelerated sequentially in November as the goods index turned positive, delayed official data showed Wednesday. The producer price index rose by 0.2% on a seasonally adjusted basis in November, after a 0.1% increase in October, according to the Bureau of Labor Statistics. Wholesale prices of goods advanced 0.9% in November, rebounding from a 0.4% drop in October.
Federal Reserve Gov. Stephen Miran said he doesn't "really buy" the view that a potential indictment of Fed Chair Jerome Powell would affect the central bank's monetary policy.
Economic activity increased in most parts of the U.S. and employment was mostly unchanged in recent weeks, the Federal Reserve said on Wednesday in a report that may do little to sway policymakers' interest rate views ahead of the central bank's meeting in two weeks.
Economic activity increased in most parts of the U.S. and employment was mostly unchanged in recent weeks, the Federal Reserve said on Wednesday in a report that may do little to sway policymakers' interest rate views ahead of the central bank's meeting in two weeks.
Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday he is optimistic about the economic outlook and expects inflation to wane, but it is unclear by how much. "My outlook for the U.S. economy is one of pretty good growth going forward," the official said in a virtual event.
Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index down 0.5% and the State Street Financial Select Sector SPDR ETF shedding 0.7%. The Philadelphia Housing Index was falling 1%, and the State Street Real Estate Select Sector SPDR ETF rose 0.5%. Bitcoin was increasing 2% to $97,288, and the yield for 10-year US Treasuries was falling 3 basis points to 4.14%....
Existing home sales in the US rose to the highest in nearly three years in December amid lower mortgage rates, data from the National Association of Realtors showed Wednesday. Sales increased 5.1% sequentially to a seasonally adjusted annual rate of 4.35 million units last month.
iShares Silver Trust (SLV) shares are trading higher on Wednesday. What To Know: Powell revealed in a video posted Sunday night that the Federal Reserve has received grand jury subpoenas, calling them threats of criminal indictment tied to his congressional testimony about the Fed's $2.5 billion headquarters renovation.
Fideicomiso Irrevocable ?1721 ?Banco Actinver S ?A ?Institucion ?de ?Banca ?Multiple Gr: * ?FIBRA ?PROLOGIS ?ANNOUNCES THE ISSUANCE ?AND SALE OF ?USD$500 MILLION ?OF 12-YEAR ?SENIOR UNSECURED NOTES IN ?THE INTERNATIONAL MARKETS Source text: Further ?company coverage:
Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index down 0.5% and the State Street Financial Select Sector SPDR ETF shedding 0.7%. The Philadelphia Housing Index was falling 1%, and the State Street Real Estate Select Sector SPDR ETF rose 0.5%. Bitcoin was increasing 2% to $97,288, and the yield for 10-year US Treasuries was falling 3 basis points to 4.14%....
Federal Reserve Bank of Minneapolis President Neel Kashkari said ?Wednesday he's optimistic ?about the economic outlook and ?expects inflation ?to ?wane, but it's unclear by ?how much. "My ?outlook for the U.S. economy ?is one ?of ?pretty good growth going forward," the official ?said in a virtual event.
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.
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