Starbucks (SBUX) reported a bigger-than-expected rise in ?first-quarter comparable ?sales on Wednesday, as ?demand rebounded ?in ?the U.S. ?after nearly ?two years in early ?signs ?of ?success of CEO Brian Niccol's turnaround efforts. The ?company reported a 4% rise in ?quarterly ?global comparable sales, compared with ?estimates of 2.25%, according to data compiled by LSEG.
Wednesday's interest rate decision at 9:45 a.m. ET should be straightforward for the Bank of Canada, said Commerzbank. There is little to suggest a BoC change in interest rates, wrote the bank in a note.
The US dollar rose against its major trading partners early Wednesday, except for a decline versus the Canadian dollar, as the focus turns to the Federal Open Market Committee's rate announcement at the conclusion of its two-day policy setting meeting at 2:00 pm ET and Federal Reserve Chairman Jerome Powell's press conference at 2:30 pm ET.
* Dollar steadies, for now. * Fed meets against backdrop of pressure on Powell. * Meta, Tesla report earnings after the close. By Dhara Ranasinghe. The dollar found its footing on Wednesday, having sold off sharply after U.S. President Donald Trump seemed to shrug off its recent weakness, while upbeat earnings kept world stocks near record highs before a Federal Reserve rate decision.
KYIV, Ukraine, Jan. 28, 2026 MHP has been granted Official Partner status by the World Economic Forum, becoming the first Ukrainian agricultural company to join this key global platform.
Futures linked to Canada's main stock index inched up on Wednesday as gold prices notched a fresh high, while investors awaited interest rate decisions from the U.S. Federal Reserve and the Bank ?of Canada later in the day. March futures on Toronto's S&P/TSX Composite Index were ?up 0.16% as of 5:41 a.m. ET.
Investments are boosting growth in Europe's biggest economy but their implementation needs to be faster, German Finance Minister Lars Klingbeil ?said on Wednesday, citing the government's 2026 economic report. The German ?government is lowering its growth forecast for gross ?domestic product in 2026 to ?1.0% from ?1.3%, according to a person familiar with the projections.
The Federal Reserve is expected to hold interest rates steady on Wednesday in a pause that investors see lasting beyond U.S. central bank chief Jerome Powell's final meetings in March and April, with his successor expected to take office by the summer and policymakers split over whether more reductions in borrowing costs are warranted.
Still-elevated inflation and a labor market that has weakened but not collapsed are the main reasons the Federal Reserve is widely expected to wrap up its two-day meeting Wednesday with a hold on the U.S. policy rate. But on the margin, somewhat easier credit conditions may also help make the case against cutting interest ?rates, at least for now.
* Economists expect Canadian central bank to hold rates steady through 2026. * BoC's current rate at lower end of neutral range. * Monetary Policy Report to provide updates on inflation, economy, impact of federal budget. By Promit Mukherjee.
* US central bank keeps policy rate in 3.50%-3.75% range. * Powell says risks to employment, inflation have diminished. * Trump has repeatedly called for steep rate cuts. * Two Fed governors dissent in favor of lowering borrowing costs. By Howard Schneider and Ann Saphir.
U.S. President Donald Trump bemoaned last week his issue with naming the next Federal Reserve chair: The problem, he said, is they change once they have the job.
* ECB monitors euro appreciation's impact on inflation. * Markets slightly increase bets on ECB rate cut by summer. * Short-end yields fall. By Samuel Indyk. Short-end euro zone bond yields fell slightly on Wednesday after European Central Bank policymakers flagged that recent euro appreciation could start to have an effect on inflation and the path of interest rates.
Japan may hold off on official intervention for now, with coordinated tactics involving the U.S. already helping to halt a one-sided slide in the yen, Atsushi Takeuchi, a former central bank official who took part in Tokyo's market forays a decade ?ago, told Reuters.
Short-end euro zone bond yields fell on Wednesday after European Central Bank policymaker Martin Kocher warned that further euro strength could force them to resume interest rate cuts. The ?euro zone is a net energy importer, so even slight currency ?appreciations can significantly lower the price of energy and ?other imported goods, which could ?push inflation down.
Arthur Hayes, Chief Investment Officer at?Maelstrom?Fund, explored in an essay published Tuesday how a potential intervention by U.S. authorities to support the Japanese yen could boost risk assets like Bitcoin . In the essay titled "Woomph," Hayes argued that the Treasury Department, in coordination with the Federal Reserve, could sell dollars and buy yen, solving ?many financial problem...
?. Australia and New Zealand Banking Group. Issue of EUR 1,250,000,000.00 Floating Rate. Senior Unsecured Notes due 29 October 2027. series 2146 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 1,000.00 IS EUR 6.3. POOL FACTOR.
* Dollar pulls back, yen steadies. * Traders on alert for coordinated currency intervention. * Fed rate decision looms amid worries about independence. By Sophie Kiderlin.
* Dollar struggles to gain momentum, yen steadies. * Traders on alert for coordinated currency intervention. * Fed rate decision looms amid worries about independence. By Sophie Kiderlin and Rae Wee.
By Saqib Iqbal Ahmed and Sophie Kiderlin. The U.S. dollar fell for a fourth straight day on Tuesday, slipping to a four-month low, as traders kept watch for possible coordinated currency intervention by U.S. and Japanese authorities and a Federal Reserve interest rate decision.
Diversified Energy Co (DEC): * ?DIVERSIFIED ?ENERGY CO - ?DIVERSIFIED ?GAS & ?OIL CORP ?HAS SUCCESSFULLY ?PLACED A USD ?200 ?MILLION ?TAP ISSUE OF ?OUTSTANDING SENIOR SECURED BONDS DUE ?APRIL ?2029. * DIVERSIFIED ?ENERGY CO - TOTAL BOND OUTSTANDING INCREASES TO ?USD 500 MILLION Source text: Further ?company coverage:
* Gold sets record high at $5,266.37/oz. * Trump says value of dollar is 'great', currency hits 4-year low. * Federal Reserve policy meeting concludes later today. By Ishaan Arora. Jan 28 - Gold broke through $5,200 for the first time on Wednesday, as the dollar plunged to a near four-year low amid ?persisting geopolitical concerns, ahead of a U.S. Federal Reserve monetary policy decision.
When U.S. President Donald Trump took office a year ago with an "America First" agenda, many saw trouble for China's sluggish economy, but Beijing has thawed frosty relationships with other trade partners to post a record trade surplus.
* Core Q4 inflation rises to uncomfortable level, puts RBA on high alert. * Headline inflation also accelerates in December, lifts annual pace to 3.8% * Markets raise bets for rate hike next week to 73% from 60% before. By Stella Qiu.
* Gold sets record high at $5,224.95/oz. * US dollar sinks to four-year lows. * Trump brushes off dollar weakness, calling it "great" By Ishaan Arora. Gold broke through $5,200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar plunged to ?a near four-year low amid persisting geopolitical concerns, ahead of a U.S. Federal Reserve monetary policy decision.
The U.S. dollar held gains against the euro and the yen on Wednesday after the U.S. Federal Reserve kept interest rates steady, citing still-elevated inflation alongside solid economic growth, and gave little indication in its latest policy statement of when borrowing costs might fall again.
Global stocks touched an intraday record for a third straight session on Wednesday, while the U.S. dollar largely held on to gains after the Federal Reserve kept rates steady, as widely expected. In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth.
U.S. President Donald Trump on Tuesday said he ?will soon announce ?his pick to ?serve as head ?of ?the Federal Reserve, ?and predicted ?interest rates would decline after ?the ?new ?chair takes over. "When we have a great ?Fed chairman, I think we're going to have one.
U.S. President Donald Trump on Tuesday said he ?will soon announce ?his pick to ?serve as ?head ?of the Federal Reserve, and ?predicted ?interest rates would decline after the ?new ?chair ?takes over. "When we have a great ?Fed chairman, I think we're going to have one.
The S&P 500 hit a new all-time high on Tuesday as the technology sector outperformed ahead of earnings reports of industry heavyweights, while the Federal Reserve kicked off its two-day monetary policy meeting. The large-cap index rose 0.4% to settle at 6,978.6, marking its highest close ever. Barring health care and financials, all sectors ended higher, led by tech's 1.4% gain.
Chile's central bank on Tuesday held its benchmark interest rate at 4.50% in a unanimous decision, in line with expectations, as ?inflation remains within the bank's target range but ticked up slightly last month. The decision ?follows a 25 basis point cut in December and two ?consecutive holds in September and October.
US equity indexes were mixed Tuesday as technology and health stocks moved in opposite directions, while a consumer confidence gauge dropped to a 12-year low. * The Conference Board's measure of consumer confidence slipped to 84.5 in January, its lowest since May 2014, from 94.2 in December and below the 91.0 expected in a Bloomberg-compiled survey.
Chile's central ?bank ?on Tuesday held ?its benchmark ?interest ?rate ?at ?4.50% in a ?unanimous decision, ?in ?line with expectations, as ?inflation remains within the bank's ?target ?range but ?ticked up slightly last month.
The muni market has rebounded from the technical pressures of the first half of last year ? a result of surging issuance ? said John Miller, head and CIO of First Eagle's municipal credit team.
* Health insurers dip on disappointing Medicare proposal. * UPS, rises after earnings, FedEx (FDX) follows. * General Motors (GM) gains on higher Q4 core profit. * Boeing (BA) shares fall after mixed report. By Sin?ad Carew and Pranav Kashyap.
Financial stocks were mixed in Tuesday late afternoon trading with the NYSE Financial Index rising 0.2% and the State Street Financial Select Sector SPDR ETF shedding 0.7%. The Philadelphia Housing Index fell 1%, and the State Street Real Estate Select Sector SPDR ETF added 0.2%. Bitcoin increased 0.8% to $88,983, and the yield for 10-year US Treasuries rose 1 basis point to 4.22%. In economic ...
The city's Department of Water and Power, which saw spreads widen after last year's deadly wildfires, upsized a revenue bond deal amid strong investor interest.
Wednesday's Federal Reserve meeting is expected to be routine on paper ? but markets may be bracing for something far less ordinary. Any fireworks are unlikely to come from monetary policy, but Chair Jerome Powell's press conference could turn tense as politics, subpoenas and presidential pressure overshadow an otherwise quiet meeting.
Bitcoin is showing signs of life ahead an expected interest rate hold by the Federal Reserve on Wednesday. Notable Statistics: Notable Developments: Trader Notes: Trader Crypto Seth explained that crypto saw another sharp flush even as U.S. equities stayed strong.
Financial stocks were mixed in Tuesday late afternoon trading with the NYSE Financial Index rising 0.2% and the State Street Financial Select Sector SPDR ETF shedding 0.7%. The Philadelphia Housing Index fell 1%, and the State Street Real Estate Select Sector SPDR ETF added 0.2%. Bitcoin increased 0.8% to $88,983, and the yield for 10-year US Treasuries rose 1 basis point to 4.22%. In corporate...
* Consumer confidence sags to lowest level in more than 11-1/2 years. * Consumers' perceptions of the labor market weakened considerably. * House price growth picks up in November. By Lucia Mutikani.
The Federal Open Market Committee is widely expected to maintain the target range for its federal funds rate at 3.50% to 3.75% at its meeting this week, putting the focus on post-meeting comments from Federal Reserve Chairman Jerome Powell.
The Bank of Canada is widely expected to keep interest rates on hold on Wednesday, but analysts differ on the central bank's subsequent moves, Morningstar said Tuesday.
Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index rising 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.87%. The Philadelphia Housing Index fell 1.3%, and the State Street Real Estate Select Sector SPDR ETF added 0.1%. Bitcoin dropped 0.6% to $87,772, and the yield for 10-year US Treasuries rose 1 basis point to 4.23%. In economic news...
BlackRock's (BLK) chief bond investment manager Rick Rieder is now the clear favorite to succeed current Federal Reserve Chair Jerome Powell when his term is up, according to prediction market Kalshi.
* Kalshi prediction market favors Rick Rieder for Fed Chair. * Trump's dissatisfaction influences Fed Chair succession race. * Many worry next Fed chair will be under Trump's thumb. By Michael S. Derby. BlackRock's (BLK) chief bond investment manager Rick Rieder is now the clear favorite to succeed current Federal Reserve Chair Jerome Powell when his term is up, according to prediction market Kalshi.
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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