* ECB, BoE hold rates. * RBA delivers first rate hike in two years. * Markets anticipate more Fed easing. By Stefano Rebaudo. Central banks in big economies are parting ways, with Australia this week raising interest rates for the first time in two years, while others are taking a more cautious approach even if they are likely done with easing.
German industrial production fell ?more than ?expected in December ?by ?1.9% ?compared with ?the ?previous month, the federal statistics ?office ?said ?on Friday. Analysts polled by ?Reuters had predicted a 0.3% ?fall. The ?office offers more ?detailed data on its website.
Indonesia's stocks and currency skidded on Friday after Moody's lowered the country's credit rating outlook, the latest jolt for Southeast Asia's largest economy, wiping about $120 billion off its equity market in a turbulent start to the year.
Currency intervention using Japan's foreign exchange reserves can deliver an immediate jolt to markets, but its impact would be more durable if accompanied by steady rate hikes, a former top currency diplomat ?told Reuters.
Currency intervention using Japan's foreign exchange reserves can deliver an immediate jolt to markets, but its impact would be more durable if accompanied by steady rate hikes, a ?former top currency diplomat told Reuters.
Japanese government bond yields fell on Friday, led by the longest-dated debt, with investors optimistic that a likely landslide win for the coalition government in Sunday's snap election will temper any expansion of fiscal ?stimulus. Yields were also under pressure from a sharp decline in U.S. Treasury yields overnight ?as economic data pointed to a weaker-than-expected jobs market.
FINDLAY, Ohio, Feb. 5, 2026 MPLX LP (MPLX) announced today that it has priced $1.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1.0 billion aggregate principal amount of 5.300% senior notes due 2036 and $500 million aggregate principal amount of 6.100% senior notes due 2056.
US equity indexes fell on Thursday, with the Nasdaq Composite plunging more than 360 points and the Dow Jones Industrial Average diving almost 600 points, as weak labor market reports sank Treasury yields and investors remained cautious about big tech's AI spending plans.
The Toronto Stock Exchange closed sharply lower on Thursday for the second time in a week, with the resources-heavy exchange weighed down by deflated commodity prices and fresh economic updates, as data showed signs of a slowdown in the U.S. labor market and as Desjardins noted the Bank of Canada Governor has thrown "more cold water on the possibility of rate cuts".
* Bank of England leaves rates unchanged, pound drops. * Dollar strengthens amid risk aversion and central bank decisions. * Bitcoin tumbles, hits lowest since October 2024. By Laura Matthews. The U.S. dollar hit a two-week high on Thursday as fresh volatility gripped stocks and the pound tumbled after the Bank of England voted by a razor-thin margin to leave UK rates unchanged.
STORE Capital LLC, an internally managed net-lease real estate investment trust that invests in Single Tenant Operational Real Estate, announced today that it has priced a $450.0 million offering of 4.95% senior unsecured notes due 2031. The Company intends to use the net proceeds from this offering to repay indebtedness and to fund property acquisitions.
Munis enter this year with "strong credit fundamentals, elevated tax-equivalent yields, and a steeper curve that supports duration extension," said James Welch, municipal portfolio manager at Principal Asset Management.
DeFi Development Corp. (DFDV), the first public company with a treasury strategy built to accumulate and compound Solana, today announced the release of its January 2026 company recap, outlining continued progress across onchain yield deployment, DeFi integrations, governance, and international expansion.
InPlay Oil (IPOOF) said Thursday afternoon it plans to issue up to 550 million New Israeli Shekels in senior unsecured bonds in Israel. The bonds will mature on Dec. 15, 2030, rank equally with InPlay's other senior unsecured debt, and carry an interest rate set by auction, capped at 6.23% per year.
Financial stocks were decreasing in late Thursday afternoon trading, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF dropping 1.1%. The Philadelphia Housing Index was fractionally lower, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin was falling past 12% to $63,966 and the yield for 10-year US Treasuries dropped 6.5 ...
Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could be painful, Bank of Canada Governor Tiff Macklem said on Thursday. Macklem ?urged policymakers and businesses to do all they could to adjust to the new challenges, saying Canada could ?not afford to fail.
The MSRB published the request for comment Nov. 3 to seek input on draft amendments to Rule D-15, which defines the term sophisticated municipal market professional.
Financial stocks were decreasing in late Thursday afternoon trading, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF dropping 1.1%. The Philadelphia Housing Index was fractionally lower, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin was falling past 12% to $63,966 and the yield for 10-year US Treasuries dropped 6.5 ...
* Canadian dollar falls 0.1% against the greenback. * Trades in a range of 1.3653 to 1.3699. * Price of oil settles 2.8% lower. * Canadian yields ease across the curve. By Fergal Smith.
* Traders anticipate two 25 basis point rate cuts this year. * Kevin Warsh expected to adopt dovish stance as new Fed Chair. * Two-year yields hit four-week low aftrer weak jobs data. By Karen Brettell.
Atlanta Fed President Raphael Bostic said that he believes the FOMC should hold rates steady in 2026 and that it will take time for Kevin Warsh, the nominee to replace Jerome Powell as Fed share, to convince a majority of the committee that rates need to be lower.
* Rate hold is first pause since mid-2024. * Central bank now sees inflation hitting target in Q2 2027. * Analysts expect Banxico to hold rate for much of 2026. By Brendan O'Boyle. The Bank of Mexico's governing board unanimously held its benchmark interest rate at 7.00% on Thursday, in line with market expectations ?after recent upticks in both inflation and economic growth.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index falling 1.3% and the State Street Financial Select Sector SPDR ETF dropping 1.3%. The Philadelphia Housing Index was shedding 0.7%, and the State Street Real Estate Select Sector SPDR ETF was down 0.2%. Bitcoin was falling past 10% to $65,605 and the yield for 10-year US Treasuries was dropping 6.5 bas...
The Bank ?of Mexico ?held its benchmark ?interest rate ?at ?7.00% on ?Thursday, ?in line with expectations ?amid ?recent ?upticks in both inflation and ?economic growth. The decision by the central ?bank's ?five-member governing board was ?unanimous, the bank said in a statement.
Gold traded lower midafternoon on Thursday as the metal failed to find support at the US$5,000 mark a day earlier, even as treasury yields weaken amid further signs the U.S. labor market is slowing. Gold for March delivery was last seen down US$60.50 to US$4,890.30 per ounce.
A federal court decision enjoins the state from enforcing a 2021 law that penalizes investment banks and others for "boycotting" the fossil fuel industry.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index falling 1.3% and the State Street Financial Select Sector SPDR ETF dropping 1.3%. The Philadelphia Housing Index was shedding 0.7%, and the State Street Real Estate Select Sector SPDR ETF was down 0.2%. Bitcoin was falling past 10% to $65,605 and the yield for 10-year US Treasuries was dropping 6.5 bas...
Bank of Canada Governor Tiff Macklem ?on Thursday ?welcomed the ?nomination of ?Kevin ?Warsh as chair of ?the U.S. ?Federal Reserve, saying he ?had ?a ?deep knowledge of financial markets and ?the international monetary system. "I'm looking forward to working ?with ?Kevin," he said in ?a question and answer session after giving a speech in ?Toronto.
Brazil's trade surplus reached $4.3 billion in January, the Ministry of Development, Industry, Trade and Services ?said on Thursday, up 85.8% from a year ?earlier but below the $4.9 billion expected by ?economists in a Reuters ?poll. Exports from ?Latin America's largest economy fell 1.0% from a year ?earlier to $25.2 billion, ?while imports dropped a sharper 9.8% to $20.8 billion.
Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could be painful, Bank of Canada Governor Tiff Macklem said on Thursday. Macklem urged policymakers and businesses to ?do all they could to adjust to the new challenges, saying Canada could not afford to fail.
Grant Will Fund Legal Aid that Promotes Housing Stability. The Federal Home Loan Bank of Dallas, through its member Community Bank of Mississippi, awarded a $150,000 Pathway Fund grant to Mission First Inc. to help expand services to accessible, affordable legal aid in Hinds, Madison and Rankin counties in Mississippi. This press release features multimedia.
The World Economic Forum has launched an independent investigation into its CEO Borge ?Brende to clarify his relationship ?with sex offender Jeffrey Epstein, ?the organisation said ?on Thursday.
The buyer base of United States Treasuries is shifting towards investors who are more price sensitive, said Desjardins. Official accounts, which include central banks, some sovereign wealth funds and some international pensions, have been reducing their ownership share of USTs, stated Desjardins.
The European stock markets were tracking lower in Thursday trading as The Stoxx Europe fell 1.1%, Germany's DAX dropped 0.5%, the FTSE 100 lost 0.9%, France's CAC was down 0.3%, and the Swiss Market Index declined 0.3%. The European Central Bank decided to keep its three key interest rates unchanged.
* Bank of England leaves rates unchanged, pound drops. * Dollar strengthens amid risk aversion and central bank decisions. By Laura Matthews and Amanda Cooper. The U.S. dollar hit a nearly two-week high on Thursday as fresh volatility gripped stocks and the pound tumbled after a razor-thin Bank of England vote left UK rates unchanged.
The Czech central bank on Thursday said its board kept interest rates unchanged, with the two-week repo rate at 3.50%, the discount rate at 2.50% and the Lombard rate at 4.50%. This decision was expected by market analysts, Societe Generale noted before the decision. All seven members voted in favor of this decision, wrote CNB in its policy statement.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.11%. ?For the last several weeks, the 30-year fixed-rate mortgage has remained at its lowest level in years,? said Sam Khater, Freddie Mac?s Chief Economist.
President Christine Lagarde's comments at Thursday's policy meeting press conference seemed to create more confusion than certainty over the next European Central Bank move, said ING.
Grant Will Support Legal Services to Address Heirs? Property Issues in Northern Mississippi. The Federal Home Loan Bank of Dallas, through its member Community Bank of Mississippi, awarded a $150,000 Pathway Fund grant to North Mississippi Rural Legal Services to help address homeownership title issues. This press release features multimedia.
European Central Bank President Christine Lagarde will present EU leaders next week with a checklist of measures needed to enhance growth and competitiveness, taking an unusual step to raise pressure on governments to speed up ?a slow and often timid reform process.
U.S. Treasury Secretary Scott Bessent on Thursday declined to commit that the Trump administration would not sue Kevin Warsh, its nominee to lead the Federal Reserve, if he follows a monetary path opposed by the president.
U.S. Treasury Secretary Scott Bessent on Thursday said ?he supports President ?Donald Trump's call for capping ?credit card ?interest ?rates at 10% for one ?year. "I wholeheartedly ?support President Trump's policy," Bessent told ?the ?Senate ?Banking Committee, when asked about the call.
U.S. Treasury Secretary Scott Bessent declined on ?Thursday to commit the ?Trump administration to ?not suing Kevin Warsh, ?its ?nominee to be Federal ?Reserve Chair, ?if he follows a monetary path ?opposed by ?the ?president.
The Indian central bank has approved private equity firm Blackstone's acquisition of up to ?a 9.99% stake in Federal Bank, the ?private lender said on Thursday. The deal, ?which would make Blackstone ?the largest shareholder ?in the bank, adds to the growing list ?of large investments by ?marquee investors in the financial services sector in India.
Thursday's wafer-thin majority on the Bank of England's Monetary Policy Committee in favor of holding Bank Rate at 3.75% instead of lowering it by 25bp indicates that it won't be long before the BoE lowers interest rates again, said Berenberg. The 5-4 vote was much closer than the consensus of 7-2, noted the bank.
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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