US consumers expect lower inflation a year from now, while their overall labor market outlook generally improved, a survey by the Federal Reserve Bank of New York showed Monday. Median year-ahead inflation was seen at 3.1% in January, down by 0.3 percentage point from the previous month's outlook, according to the survey.
Financial stocks were mixed in Monday late afternoon trading, with the NYSE Financial Index adding 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.4%. The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was rising 0.7% to $70,815, and the yield for 10-year US Treasuries was slightly lower at 4...
Federal Reserve Governor Stephen Miran said Monday a weaker ?dollar isn't much of ?an issue for ?the central bank ?right ?now. The kind of decline ?seen in ?the dollar "doesn't matter that much ?for consumer ?inflation" ?and only would if it were very ?dramatic, Miran said at an appearance at the Boston University Questrom ?School ?of Business.
* Nonfarm payrolls, CPI and retail sales reports due this week. * Markets expect 50 basis points of Fed interest rate cuts this year. * Chinese regulators advise limiting US Treasury holdings due to risks. By Chuck Mikolajczak.
KBRA assigns a long-term rating of AA- to Lee County, Florida's Aviation Revenue Bonds Series 2026A-1; Airport Revenue Bonds Series 2026A-2; and Airport Revenue and Refunding Bonds Series 2026B issued for Southwest Florida International Airport. The Airport is owned by Lee County and operated by the Lee County Port Authority.
* Hassett cites higher productivity for job growth slowdown. * Fed faces challenge with falling worker demand, supply. * Warsh has said productivity growth may influence Fed policy decisions. By Doina Chiacu and Howard Schneider.
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was easing 0.1% to $70,252, and the yield for 10-year US Treasuries was slightly higher ...
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was easing 0.1% to $70,252, and the yield for 10-year US Treasuries was slightly higher ...
White House economic adviser Kevin Hassett said on Monday that U.S. job gains could be lower in the coming months due to slower labor force growth and higher productivity, weighing into a debate that is also underway at the Federal Reserve and promises to shape the central bank's coming policy decisions.
* Indexes: Dow down 0.05%, S&P 500 up 0.5%, Nasdaq up 0.9% * S&P 500's software services index gains over 2% * Kroger (KR) jumps after naming ex-Walmart executive as CEO. * Nonfarm payrolls, inflation data due later in the week. By Twesha Dikshit and Nikhil Sharma.
The Federal Home Loan Bank of New York announced today that $93.8 million in housing grant funds is now available through the 2026 rounds of its?Affordable Housing Program and Homebuyer Dream Program?. The funding for these programs, which help address housing affordability, create additional housing supply and create homeownership opportunities, are allocated directly from the FHLBNY?s earnings.
Total Canadian employment declined 25,000 in January, with part-time employment slipping 69,700, offsetting a 44,900 rise in full-time employment, said UBS after Friday's Labour Force Survey. The unemployment rate slipped back 0.3 percentage points to 6.5% in January, its lowest level since September 2024, largely on the back of a shift lower in labor-force participation, noted the bank.
The Bank of Canada is expected to raise rates by 25 basis points in Q2 2027, according to a survey of market participants published by the BoC on Monday. The BoC's Q4 Market Participants Survey, conducted Dec. 16-30, showed a median of the participants forecasting the central bank to raise the policy rate by 25bps to 2.50 in Q2 2027, rising to 2.75% in Q4 2027.
* Nonfarm payrolls, CPI and retail sales reports due this week. * Markets expect 50 basis points of Fed interest rate cuts this year. * Chinese regulators advise limiting US Treasury holdings due to risks. By Chuck Mikolajczak.
The surprise resignation of Francois Villeroy de Galhau as French central bank governor is unlikely to change the European Central Bank's steady policy course at a time of rare unity among the euro zone's top rate setters.
Consumer expectations for one-year US inflation growth slowed to a 3.1% gain in January from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained at a 3.0% gain for the three-year period and at a 3.0% gain for five years ahead.
Americans were less worried about the direction of inflation and labor market prospects as of last month, although concerns about the state of their finances continued to mount, the Federal Reserve Bank of New York said in a report released on Monday.
Diversified Royalty (BEVFF) on Monday said it closed its previously announced bought deal public offering of $60 million of 5.75% convertible unsecured subordinated debentures at $1,000 per debenture. The company said it also granted the underwriters an option to buy up to an additional $9 million of debentures at $1,000 apiece to cover over-allotments, if any, and for market stabilization purposes.
* Indexes: Dow down 0.3%, S&P 500 down 0.04%, Nasdaq up 0.08% * Eli Lilly (LLY) gains after Hims abandons $49 weight-loss pill. * Kroger (KR) jumps after firm names ex-Walmart executive as CEO. * Nonfarm payrolls report due later in the week. By Twesha Dikshit and Nikhil Sharma.
Morgan Stanley said it expects the flash estimate for eurozone Q4 2025 gross domestic product growth on Friday to confirm the preliminary flash estimate, at 0.3% quarter over quarter. MT Newswires does not provide investment advice.
Canadian employment decreased by 24,800 in January, below the consensus expectation calling for a 5,000 increase, said National Bank of Canada after Friday's Labour Force Survey.
Berkadia, a distinguished leader in the commercial real estate sector, is pleased to announce that?it?has been?ranked as the #1 GSE?and?HUD?Lender by total volume in 2025, delivering?$17.34 billion?in loans?on a combined basis?with?Freddie Mac?and?Fannie Mae??and?$1.73?billion?in multifamily?and healthcare?loans with HUD.
* China's central bank buys gold for 15th consecutive month. * Delayed US jobs, inflation data due later this week. By Anmol Choubey. Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed ?with U.S. economic data that could offer more clues on the U.S. Federal Reserve's monetary policy.
Canadian government bond yields ended last week mostly unchanged, TD Economics has noted in a review of last week. Meanwhile, it also noted, while the US dollar continued to strengthen, causing the Canadian dollar to fall to 73 cents/USD, the depreciation was limited as Bank of Canada Governor Tiff Macklem dismissed the possibility of further rate cuts in his first public speech of 2026.
* Central bank expected to lift year-end forecast from 13-19% * Bank could slow or even pause rate cuts in months ahead. * Near 5% monthly inflation in January higher than expected. * Uneven monetary easing cycle began in late 2024. By Nevzat Devranoglu and Jonathan Spicer.
Wall Street's main indexes opened lower on Monday ?after a week ?when AI disruption concerns ?caused technology ?stocks ?to tumble, while investors ?awaited crucial ?economic data for insight into ?the ?U.S. ?Federal Reserve's interest-rate path. The Dow Jones Industrial ?Average fell 67.9 points, or 0.14%, to 50,047.79 at the ?open.
Wall Street's main indexes opened lower on Monday ?after a week ?when AI disruption ?concerns caused technology ?stocks ?to tumble, while investors ?awaited ?crucial economic data for insight into ?the ?U.S. ?Federal Reserve's interest-rate path. The Dow Jones Industrial Average ?fell 67.9 points, or 0.14%, to 50,047.79 at the open.
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 $224 million offering from Virginia Beach, Va., records a Flood Score of 4.2 out of 5.0, ICE reports.
Although the key United States labor market report wasn't published on Friday, there was at least labor market data from Canada, which was rather disappointing, said Commerzbank. Roughly 20,000 jobs were lost in Canada in January, while a small increase in employment had been expected, noted the bank. At first glance, the significant fall in the unemployment rate at the same time looked positive.
* Villeroy to stand down in June, more than a year before end of his term. * Early exit allows Macron to name successor before presidential election. * Opposition RN lawmaker criticises move. * Villeroy was vocal policy dove on ECB council. By Leigh Thomas.
The US dollar fell against its major trading partners early Monday as markets turn their attention to rescheduled nonfarm payrolls employment data for January, retail sales data for December and consumer price index data for January this week. Monday's schedule is light on data, with only the New York Federal Reserve's inflation expectations report for January at 11:00 am ET.
Employment in Canada decreased by 25,000 jobs in January following four consecutive months of gains, said David Doyle, head of economics at Macquarie Group, after Friday's Labour Force Survey. Despite this, the unemployment rate declined to 6.5% as participation weakened. Macquarie anticipates a gradual improvement in the labor market.
The Bank of England named RBC Capital Markets, BMO Capital Markets, ?HSBC and Morgan Stanley (MS) ?on Monday as joint lead ?managers for an ?upcoming ?sale of a three-year U.S. dollar ?bond.
Five Additional Leaders Reappointed for Housing and Economic Development Guidance The Federal Home Loan Bank of Chicago is pleased to announce the appointment of Kahya Fox, Executive Director of Habitat for Humanity of the Greater La Crosse Region, to its Community Investment Advisory Council for a three-year term. This press release features multimedia.
Walker & Dunlop, Inc. (WD) announced today that it was recognized as the largest Fannie Mae DUS? lender by volume in 2025, making it Fannie Mae?s #1 lending partner for the seventh consecutive year. ?What a partnership!
British government bond yields rose early on Monday as investors continued to question the political future of Prime Minister Keir Starmer, although they later eased to move more in line with U.S. Treasuries.
* TSX up 1.4% * Miners lead as gold rebounds. * Consumer staples record biggest weekly gain ever. * Canada's unemployment rate falls to 6.5% By Utkarsh Hathi. Canada's main stock index jumped ?on Friday in a broad-based rally led by mining shares as precious metals rebounded on safe-haven demand, ?setting up the index to finish a volatile week with healthy gains.
The European Central Bank is equally likely to ?raise or cut interest ?rates but it ?is hard ?to know when ?any such move will ?take ?place given the prevailing uncertainty about trade ?and ?geopolitics, ?ECB policymaker Gediminas ?imkus said on Monday.
U.S. Treasuries prices slipped on Monday after a news report said China ?had urged banks to curb ?their holdings of U.S. government ?bonds, citing concentration risk ?and ?market volatility.
Chinese regulators have advised financial institutions to curb holdings of U.S. Treasuries ?due to concern over concentration risk and market volatility, Bloomberg ?News reported on Monday, citing people ?familiar with the matter.
* Offer price of 15.60 euros/share implies $9.2 bln valuation. * InPost to expand European reach, give FedEx (FDX) access to its parcel locker network. * FedEx (FDX) and holding firm Advent will own 37% each in InPost. * Shareholders representing 48% of capital committed to deal, at least 80% needed. By Alessandro Parodi, Rafal Wojciech Nowak and Alicja Surdy.
* Japan's Takaichi forges historic election win. * AI splinters into winners and losers. * US CPI, non-farm payrolls released. The outcome of Japan's snap election, a heavy dose of key U.S. data, earnings season, and a slide in tech shares suggest traders will have little downtime in the coming week.
China's yuan edged higher on Monday, flirting with the strongest level in more than 2-1/2 years as the dollar weakened after a U.S. Federal Reserve official said there's room to cut interest rates. Sentiment was also aided ?by a stronger guidance rate and data showing China's foreign exchange reserves rose more than expected ?in January.
U.S. Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to ?move quickly to shrink its balance sheet, ?even under Fed chief nominee ?Kevin Warsh, who has ?criticized the ?U.S. central bank's bond purchases.
U.S. Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance sheet, even under Fed chief nominee Kevin Warsh, who has criticized the ?U.S. central bank's bond purchases.
* Dow industrials hit 50,000 on Friday as stocks rebound. * Software swoon draws questions about AI's impact. * Jobs report due on Wednesday, CPI on Friday in busy data week. By Lewis Krauskopf.
AlUla, Saudi Arabia, Feb. 7, 2026 The second edition of the AlUla Conference for Emerging Market Economies 2026 will commence tomorrow, hosted in AlUla Governorate through a partnership between the Ministry of Finance and the International Monetary Fund, with high-level participation from economic decision-makers, ministers of finance, central bank governors, leaders of international financial ...
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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