* BoE expected to hold interest rate at 3.75% this week. * UK inflation highest among G7 peers. * UK manufacturing activity strongest since August 2024. By Samuel Indyk. The pound held steady against the dollar on Monday near a multi-year high hit last week as attention focused on a Bank of England policy ?announcement on Thursday.
This week's central focus is on determining how seriously the European Central Bank views the euro's appreciation, said ING. The fact that EUR/USD is no longer at the much-feared 1.20 level does decrease the chances of any vocal reaction from ECB members, but those were more likely to feature in post-meeting comments or the minutes anyway, wrote the bank in a note.
Kevin Warsh, tapped to become the next Federal Reserve chair, may want to significantly contract the central bank's multi-trillion-dollar balance sheet, but experts agree that financial realities strongly indicate accomplishing this goal will be difficult and slow, if it can be done at all.
Kevin Warsh, tapped to become the next Federal Reserve chair, may want to significantly contract the central bank's multi-trillion-dollar balance sheet, but experts agree that financial realities strongly indicate accomplishing this goal will be difficult and slow, if it can be done at all.
Societe Generale in its early Monday economic news summary pointed out: -- Risk off, precious metals extend slide after correction on Friday, S&P futures -1.3%, US dollar rebounds after nomination of Kevin Warsh as next Federal Reserve chair.
* Gold down over 3% after Friday's more than 9% fall. * Silver down over 3% after Friday's 27% plunge. * Gold down about $900 from record highs on Thursday. By Noel John. Gold and silver prices dropped on Monday as increased CME margin requirements ?added to the selling pressure following last week's selloff sparked by Kevin Warsh's nomination as the incoming Federal ?Reserve chair.
* Dollar holds to gains; euro back below $1.20 level. * Selloff in precious metals rattles broader markets. * Yen soft as LDP expected to win big at upcoming election. By Samuel Indyk and Rae Wee.
A closely watched barometer of the health of Britain's manufacturing sector rose to its highest since August 2024 in January as inflows of new work increased by the most in nearly four years, adding to signs of a ?pickup after a sluggish end to 2025.
Euro zone factory activity remained in contraction territory in January for the third straight month amid persistent weakness in new orders despite output returning to growth, a survey showed.
* ECB expected to stay on hold for fifth meeting. * Immediate risk of Trump tariffs over Greenland has passed. * Policymakers concerned after euro briefly touched $1.20. By Yoruk Bahceli and Stefano Rebaudo.
Euro zone firms expect revenues to keep rising this quarter but ?profitability is taking a hit, ?the European Central Bank's quarterly ?Survey on the ?Access to ?Finance of Enterprises showed on ?Monday.
Euro zone factory activity remained in contraction territory in January for the third straight month amid persistent weakness in new orders despite output returning to growth, a survey showed.
Safe-haven euro zone government bond yields were steady on Monday as a rout in precious metals gripped markets at the start of a week that will also see an ?interest rate decision from the European Central Bank.
* Gold down 6% after Friday's more than 9% fall. * Silver down 12% after Friday's 27% plunge. * Gold down more than $1,000 from record highs on Thursday. By Ishaan Arora and Swati Verma.
In many ways President Donald Trump's decision to pick former Federal Reserve governor Kevin Warsh to head the central bank is a relatively orthodox choice. It took less than six months between Trump appointing current Fed Chair Jerome Powell in late 2017 - after endorsing him as someone with "considerable talent and experience" - and then publicly regretting the choice as interest rates climbed.
* Dollar holds to gains; euro back below $1.20 level. * Selloff in precious metals rattles markets though currencies steady. * Warsh likely to rein in Fed balance sheet. * Yen weakens after Takaichi talks down currency's declines; LDP expected to win big at upcoming election. By Rae Wee.
* Dollar holds to gains; euro back below $1.20 level. * Warsh likely to rein in Fed balance sheet. * Yen weakens after Takaichi talks down currency's declines. By Rae Wee. The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet.
Gold and silver prices continued to fall on Monday as higher margin requirements at CME Group (CME) compounded last week's sharp selloff following the nomination of Kevin Warsh as the next Federal Reserve chair. Spot gold was ?down 3% at $4,718.35 an ounce by 09:10 a.m. ET, after tumbling nearly 10% earlier in ?the session.
* Dollar holds to gains; euro back below $1.20 level. * Warsh likely to rein in Fed balance sheet. * Yen weakens after Takaichi talks down currency's declines. By Rae Wee. The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet.
The dollar held on to?gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, while falling precious metals and oil prices kept commodity-linked currencies in check.
* Japan, South Korea factory activity expand at multi-year pace. * China's manufacturing activity expands in private survey. * Surveys brighten prospects for Asia's export powerhouses. By Leika Kihara.
* Stocks slide 4% after 7% drop last week. * Focus on Indonesia's response to MSCI (MSCI) concerns. * Investor nervous about fiscal health, central bank independence. Indonesian stocks slid on Monday after a tumultuous week during which a warning from MSCI (MSCI) over transparency concerns triggered an $80 billion market rout and the ?country's top financial regulators resigned.
* RatingDog January manufacturing PMI 50.3 vs 50.1 in December. * Exports underpin expansion. * Hiring and output prices pick up. * Confidence softens despite growth hopes. By Ellen Zhang and Ryan Woo.
India pushed manufacturing to the forefront of its budget as it prioritised sectors such as semiconductors, biopharma and renewables, but stopped short of the bold reforms sought by investors to boost investment amid rising geopolitical tensions.
MSCI's global equities gauge edged lower on Monday, with Wall Street providing a boost while the dollar rose and investors dealt with a deepening selloff in precious metals ahead of a week packed with corporate earnings, central bank meetings and major economic data.
MSCI's global equities gauge edged lower on Monday, with Wall Street providing a boost while the dollar rose and investors dealt with a deepening selloff in precious metals ahead of a week packed with corporate earnings, central bank meetings and major economic data.
Japan's manufacturing activity grew at the fastest pace in about three and a half years in January, a private-sector survey showed, as strong customer demand drove an increase in output and new orders. The S&P ?Global Japan Manufacturing Purchasing Managers' Index rose to 51.5 in January from 50.0 in December, ?the strongest level since August 2022.
Japan's manufacturing activity grew at the fastest pace in about three and a half years in January, a private-sector survey showed, as strong customer demand drove an increase in output and new orders. The S&P ?Global Japan Manufacturing Purchasing Managers' Index rose to 51.5 in January from 50.0 in ?December, the strongest level since August 2022.
The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet.
* Dollar holds to gains; euro back under $1.20 level. * Warsh likely to rein in Fed balance sheet. * Yen weakens after Takaichi talks down currency's declines. By Rae Wee. The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet.
India pushed manufacturing to the forefront of its budget as it prioritised sectors such as semiconductors, biopharma and renewables, but stopped short of the bold reforms sought by investors to boost investment amid rising geopolitical tensions.
* Trump says Warsh should have no trouble winning Senate confirmation. * Republican senator vows to block confirmation pending probe of current chair. * Trump expects Warsh to lower interest rates, says he didn't seek specific commitments. By Trevor Hunnicutt.
U.S. President Donald Trump said ?he thinks Kevin Warsh, ?his pick to ?head ?the Federal Reserve, could pick up ?votes from ?some Democrats in the Senate, calling him a "high-quality ?person" who ?should ?not have any trouble winning Senate confirmation.
Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET on Saturday, continuing its decline from the previous session. On Friday, ?bitcoin fell to as low as $81,104, the lowest since November 21, while the U.S. dollar ?gained after former Federal Reserve Governor Kevin Warsh was selected as ?the next Fed chair.
Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET on Saturday, continuing its decline from the previous session. On Friday, bitcoin fell to as low as $81,104, ?the lowest since November 21, while the U.S. dollar gained after former Federal Reserve Governor ?Kevin Warsh was selected?as the next Fed chair.
Kevin Warsh checks a long list of boxes for President Donald Trump as his pick to run the Federal Reserve, with longstanding political and social ties to the president, deep Wall Street connections and a well-tailored demeanor, but how deeply and quickly he will cut interest rates and how aggressively he will pursue his "regime change" at the Fed remain open questions.
* * Warsh's past Fed criticism now meets practical implementation test. * Warsh's stance on Fed's balance sheet and interest rates scrutinized. By Howard Schneider.
* Official PMI drops to 49.3 from 50.1 in December. * Non-manufacturing PMI falls to 49.4 from 50.2 in December. * Sub-indexes of new orders and new export orders also decline. China's factory activity faltered in January as weak domestic demand dragged down production at the start of the new year, an official survey showed on Saturday.
KELLOGG, Idaho and VANCOUVER, British Columbia, Jan. 30, 2026 -- Bunker Hill Mining Corp. (BHLL) announces that it has closed the seventh and final tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., in the principal amount of US$4,763,110.38, being the amount of US dollars equal to 50,958 ounces of silver as of the date su...
Credit ratings agency Moody's revised Israel's outlook to "stable" from "negative" on Friday, saying that the ?country's exposure to geopolitical risks has materially eased from ?very high levels.
Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, has earned over $1 million since 2020 as a member of the board of e-commerce company Coupang (CPNG), now at the center of trade tensions between the U.S. and South Korea. Warsh has served on the ?board of the Seattle-based company since October 2019, earning nearly $325,000 in total compensation each year since 2022.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM or FM Group.
U.S. Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday she still feels interest rates should fall, but voted to hold monetary policy steady this week only to gather more data before the next reduction in borrowing costs.
U.S. Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday she still feels interest rates should fall, but voted to hold monetary policy steady this week only to gather more data before the next reduction in borrowing costs.
The S&P 500 fell for the third day in a row as markets reacted to Kevin Warsh's nomination as the next Federal Reserve chair, while Wall Street finished January on a high note.
US equity indexes declined this week as big tech reported mixed quarterly results, producer price inflation turned hot, and President Donald Trump nominated policy hawk Kevin Warsh as the next chair of the Federal Reserve. The S&P 500 closed at 6,939.03 on Friday versus 6,940.01 a week ago. *Technology was among the worst performers as Microsoft's (MSFT) fiscal Q2 results hurt the sector.
Credit ratings agency ?Moody's revised Israel's ?outlook to "stable" ?from "negative" ?on ?Friday, saying that ?the ?country's exposure to ?geopolitical ?risks ?has materially eased from very ?high levels. The agency affirmed ?Israel's ?local and ?foreign currency ratings at "Baa1".
US equity indexes declined on Friday as Kevin Warsh's nomination to be the Federal Reserve chair lifted the dollar and slammed precious metals amid hot producer price inflation data.
US equity indexes ended lower Friday after President Trump nominated Kevin Warsh as the next Federal Reserve chair, pushing the dollar higher and precious metals into freefall. * President Donald Trump has nominated former Fed governor Kevin Warsh to succeed Jerome Powell.
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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