Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $49 million offering from St. Johns County, Fla., records a Flood Score of 4.7 out of 5.0, ICE reports.
GE Vernova (GEV) today announced that it has launched a registered public offering of senior notes, subject to market and other conditions. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering of the notes, which is being made pursuant to an effective shelf registration statement.
* Gold down over 2% 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.
By Jamie McGeever. How much of the recent mania for gold and silver was fuelled by U.S. dollar "debasement" fears? The collapse was truly historic. This partly ?reflects the level of speculation behind the rapid ascent of precious metals prices in recent months. Precious metals were a hedge against this, which quickly transformed into a bubble waiting ?to be popped.
Canada will release the Labour Force Survey for January on Friday, said National Bank of Canada. The release of the January LFS will be "closely watched," noted the bank. After solid gains between August and November, National Bank expects job gains closer to those recorded in December -- 11,000 gains -- and more in line with modest population growth.
Colombia's central bank, in a split decision, raised the monetary policy rate by 100 basis points on Friday, bringing it to 10.25%, said BBVA Research. It noted that this was BanRep's first rate hike in 33 months. The decision was based on the strong performance of the economy, the sharp increase in inflation expectations, and the deterioration in the current account, stated BBVA Research.
Friday's January Labour Force Survey in Canada is the feature items for the week, said Bank of Montreal. Canadian employment growth is expected to show signs of steadying, although at a very modest rate of 5,000, thus nudging the jobless rate up to 6.9%, noted the bank.
* Dollar holds gains; euro back below $1.20 level. * Selloff in precious metals rattles broader markets. * Yen steady, LDP expected to win big at upcoming election. By Samuel Indyk and Rae Wee.
NOTABLE ITEMS FOR THE QUARTER: WOODBRIDGE, N.J., Feb. 02, 2026 -- NORTHFIELD BANCORP, INC.,?the holding company for Northfield Bank, reported a net loss of $27.4 million, or $0.69 per share, for the quarter ended December?31, 2025, as compared to net income of $10.8 million, or $0.27 per diluted share, for the quarter ended September?30, 2025, and $11.3 million, or $0.27 per diluted share, for ...
Safe-haven euro zone government bond yields edged higher on Monday as a rout in precious metals gripped markets to start off a week that will also see a European Central Bank interest rate decision. Silver and gold. extended. last week's declines early on ?Monday before paring back some losses.
CPE invested $350 million of primary capital to grow Burger King China to over 4,000 restaurants by 2035 Accelerated development at Burger King China furthers RBI's long-term global growth ambitions MIAMI, Feb. 2, 2026 /PRNewswire/ - Restaurant Brands International Inc. (QSR), the parent company of the Burger King brand, and CPE today announced the completion of their previously announced joint ventu...
What matters in U.S. and global markets today. The slump in gold, silver and other precious metals is continuing to rattle global markets and making for a nervous start to the month. There is a lot of red on the screens out there again and that is ahead of a week packed with corporate earnings, ?central bank meetings and major economic data, starting with ISM numbers out later.
Canada is scheduled to release the Labour Force Survey for January on Friday, said RBC. The bank expects the LFS to show a tick-down in the unemployment rate to 6.7%, after an increase to 6.8% in December that partially reversed an unusually large 0.5 percentage point decline over the prior two months.
Chile's economic activity rose 1.7% in ?December from ?a year ?earlier, central ?bank ?data showed on Monday, ?exceeding market ?forecasts as economists polled by ?Reuters ?expected ?a 0.9% expansion.
* Euro zone manufacturing output returns to growth. * 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 and Indradip Ghosh.
Commerzbank in its "European Sunrise" note of Monday highlighted: Markets: United States Treasuries bull steepen, Bund future gains as Asian stocks and e-minis decline, led by tech. Fed: Federal Reserve Bank of St. Louis President Alberto Musalem says Kevin Warsh is exceptionally qualified for Federal Reserve Chair, and it would be "unadvisable" to lower rates.
* 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.
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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