US initial jobless claims fell to a level of 227,000 in the week ended Feb. 7 from an upwardly revised 232,000 level in the previous week, compared with expectations for a larger decrease to 223,000 in survey of analysts compiled by Bloomberg. The four-week moving average rose by 7,000 to 219,500 after increasing by 6,250 to a level of 212,500 in the previous week.
Long-dated U.S. Treasury yields will hold steady in the near term but rise later this year on inflation and Federal Reserve independence concerns, while short-dated yields edge down on Federal Reserve rate cut bets, a Reuters survey showed on Thursday.
US equity futures were cautiously higher pre-bell Thursday ahead of data on jobless claims and home sales. Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were also 0.3% higher.
Freddie Mac today reported its Fourth Quarter and Full-Year 2025 financial results and filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission. The company will hold a call at 9 a.m. Eastern Time today, February 12, 2026, to share its results with the media. Freddie Mac?s mission is to make home possible for families across the nation.
The US dollar fell against its major trading partners early Thursday, except for an increase versus the yen, ahead of the release of weekly jobless claims at 8:30 am ET and existing-home sales data for January at 10:00 am ET.
* Gold falls as investors assess economic data. * US job growth accelerates in January. * Weekly jobless claims, inflation data next in focus. By Noel John. Gold prices ticked lower ?on Thursday, after unexpectedly strong U.S. jobs data ?for January tempered expectations of more near-term interest rate cuts by the Federal Reserve.
US equity markets were tracking in the green before the opening bell Thursday as traders digest a strong jobs report and await the latest batch of corporate earnings. The S&P 500 and the Dow Jones Industrial Average increased 0.3% each in premarket activity, while the Nasdaq added 0.2%. The Nasdaq and the Dow finished the previous trading session lower, while the S&P 500 was flat.
* FTSE 100 up 0.1%, FTSE 250 down 0.2% * Schroders (SHNWF) surges after Nuveen buyout announcement. * UK GDP ?growth stagnates at 0.1% in Q4. * Unilever (UL) warns ?of weak 2026 sales growth in US, Europe.
Advanced Drainage Systems, Inc. (WMS), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that the Company intends, subject to market and other conditions, to commence an offering of up to $500 million aggregate principal amount of senior unsecured notes due 2034 in a private transaction exempt from the registration requirem...
Feb 12 - ?. What matters in U.S. and global markets today. By Mike Dolan, Editor-At-Large, Finance and Markets. World stock markets have been?pretty buoyant?as they digest the robust U.S. January employment report and dampened Federal Reserve rate cut expectations.
By Mike Dolan. Feb 12 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets. World stock markets have been pretty buoyant as they digest the robust U.S. January employment report and dampened Federal Reserve rate cut expectations. I'll get into that and more below.
AST SpaceMobile, Inc. (ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the pricing of $1.0 billion aggregate principal amount of 2.250% convertible senior notes due 2036 in a private offering to persons reasonably believed to be qualified institut...
Euro zone benchmark Bund yields fell slightly on Thursday to multi-week lows as investors looked to further U.S. data for guidance, though any spillover into the euro area is expected to be ?limited. While markets priced in more Federal Reserve rate cuts, ?the European Central Bank has been firmly on hold since last summer, reducing volatility in the euro area's fixed-income market.
Wall Street futures pointed moderately higher pre-bell Thursday after the Wednesday national jobs report suggested a US economy still expanding, and as tech shares regained footing after recent wobbles.
Futures tracking Canada's main stock index rose on Thursday, mirroring moves on Wall Street, after unexpectedly strong U.S. jobs data signaled a stable labor market. March futures on the S&P/TSX ?composite index were up 0.28%, as of 5:48 ?a.m. ET, tracking a similar-sized move in U.S. stock future indexes.
* Global tourism rises, but U.S. sees near 6% drop in foreign visitors. * Trump's policies cited as reason for reduced U.S. travel appeal. * Canadians shift to Disney vacations abroad amid U.S. travel decline. By Doyinsola Oladipo and Charlotte Van Campenhout.
Societe Generale in its early Thursday economic news summary pointed out: -- United States Treasury yields steady in Asia after lift from "stellar" employment report on Wednesday, 172,000 gain in private payrolls was the strongest since December 2024, expanding labor force, drop in jobless rate to 4.3%, stronger earnings.
T-Mobile US (TMUS) said Thursday that its subsidiary plans to offer euro-denominated senior notes in a public offering, subject to market conditions. The company said net proceeds may be used for general corporate purposes, including share repurchases, potential dividends, and refinancing existing debt. MT Newswires does not provide investment advice.
* Futures up: Dow 0.4%, S&P 500 0.3%, Nasdaq 0.3% U.S. stock index futures edged higher on Thursday as stronger jobs growth and ?a fall in unemployement rate eased concerns over the ?economy, while markets awaited inflation data and corporate earnings. Traders dialed back bets on interest-rate cuts following the data.
In a ?closed-door meeting with ?Senate Republicans ?Wednesday, U.S. Treasury ?Secretary ?Scott ?Bessent agreed with lawmakers ?who ?suggested the Senate Banking ?Committee could ?investigate ?Federal Reserve Chair Jerome ?Powell, instead of ?the Justice Department, Semafor ?reported ?on Thursday, ?citing sources. Reuters ?could not immediately verify the report.
RXO said late Wednesday it priced a $400 million offering of 6.375% senior notes due 2031. The company intends to use the net proceeds to repurchase or redeem all of its 7.5% notes due 2027 and for general corporate purposes. MT Newswires does not provide investment advice.
A mortgage contract ?clause containing a reference ?to the Warsaw ?Interbank Offered Rate ?does not, ?in ?principle, create a ?significant imbalance between ?the bank and the ?consumer, the ?top ?EU court said on Thursday.
* Gold falls as dollar firms on robust US jobs data. * US job growth accelerates in January. * Weekly jobless claims, inflation data next in focus. By Noel John. Gold prices ticked lower ?on Thursday, after unexpectedly strong U.S. jobs data for ?January dented hopes for more interest rate cuts from the Federal Reserve in the near term, while a ?firmer dollar added to pressure on the market.
Hungary's headline inflation eased to 2.1% in January, coming in below market forecasts, while core inflation also fell below the central bank's 3% target, likely opening the door for the bank to resume rate easing after a long pause.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, plans to offer, subject to market and other conditions, euro-denominated senior notes in a registered public offering.
Euro zone benchmark Bund yields edged up from multi-week lows on Thursday as investors awaited further U.S. data for guidance, though any spillover ?into the euro area is expected to ?be limited. While markets priced in more Federal Reserve rate cuts, the European ?Central Bank has been firmly on hold since last ?summer, reducing volatility in the euro area's ?fixed-income market.
* * Period was marked by uncertainty over budget. * Business investment fell sharply in Q4. * Manufacturing drove GDP growth, services flat. By Andy Bruce and William Schomberg. Britain's economy barely grew in the final quarter of ?2025 as activity fared worse than initially estimated during the run-up ?to finance minister Rachel Reeves' budget, official figures showed on Thursday.
The Bank of Japan could raise key interest rates again as early as March and deliver up to three hikes this year ?in light of persistent inflation and yen weakness, ?Mizuho Financial Group's markets chief told Reuters on Thursday.
The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the ?Neutral? zone on Wednesday. U.S. stocks settled mostly lower on Wednesday, with the Dow Jones index falling more than 50 points during the session, snapping a three-session win streak.
Britain's economy grew by ?0.1% in the final ?quarter of ?2025, official figures ?showed on ?Thursday. Economists ?polled by Reuters, ?as well ?as the Bank of England, ?had ?forecast ?0.2% growth in gross domestic product ?for the October-December period ?compared with the previous three months.
A look at the day ahead in European and global markets from Ankur Banerjee. A slate of European earnings takes centre stage for investors on Thursday after a surprisingly strong U.S. jobs report ?firmed expectations the Federal Reserve will likely ?hold rates steady at least till the second half of the year. The outlook for policy ?will depend on upcoming labour market and consumer prices.
* Gold down 0.3% after more than 1% gain on Wednesday. * Spot silver down 0.8% after climbing 4% on Wednesday. * Weekly jobless claims, inflation data next in focus. By Ishaan Arora.
Australia's labour market has stabilised from a slowdown and remains tight, consistent with stubborn inflationary pressures in the economy, a senior central bank official said on Thursday.
Major stock indexes fell sharply on Thursday as technology shares slid and investors were cautious ahead of U.S. inflation data on Friday, while U.S. Treasury yields also dropped. The Nasdaq ended more than 2% lower, leading losses on Wall Street.
* US deficit-to-GDP ratio to average 6.1% over next decade, unusual for peacetime economy, CBO says. * CBO predicts 2026 economic growth at 2.2%, far lower than Trump administration. * Growth in interest costs from growing debt dwarfs discretionary spending cuts. By David Lawder and Richard Cowan.
By Jamie McGeever. U.S. labor's share of national income has fallen to 53.8%, the lowest since records began. The benefits of cost savings and efficiency gains generated by any incipient artificial intelligence boom are more likely to flow to companies and shareholders, with workers' share of ?the country's economic pie shrinking further.
* January wholesale prices up 2.3% yr/yr, matching forecast. * Yen-based import price index rises 0.5% yr/yr in January. * Analysts expect wholesale inflation to moderate in coming months. * Yen moves likely key to BOJ's rate-hike timing. By ?Leika Kihara.
US equity indexes traded mixed on Wednesday as investors weighed a strong jobs report that helped lift yields on government bonds. The Nasdaq Composite fell 0.2% to 23,066.47, the Dow Jones Industrial Average slipped 0.1% to 50,121.40, and the S&P 500 was unchanged at 6,941.47. Communication services, financials, and consumer discretionary comprised the decliners.
The Dow Jones Industrial Average slipped from record highs as a strong jobs report boosted bets that the Federal Reserve would keep interest rates steady next month. The Dow fell 0.1% at 50,121.4 after hitting record highs in the past three sessions. In economic news, the US economy added 130,000 jobs in January, delayed official data showed Wednesday.
Wall Street wobbled and Treasury yields rose on Wednesday following the release of stronger-than-expected U.S. jobs data, while Japan's yen extended its strong post-election rally for a third day. In my column today, I look at U.S. workers' share of GDP, which has slumped to the lowest on record, and ask whether a productivity boom might reverse this multi-year trend.
Wall Street wobbled and Treasury yields rose on Wednesday following the release of stronger-than-expected U.S. jobs data, while Japan's yen extended its strong post-election rally for a third day. In my column today, I look at U.S. workers' share of GDP, which has slumped to the lowest on record, and ask whether a productivity boom might reverse this multi-year trend.
Convertible Notes Offering AST SpaceMobile, Inc. (ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced its intent to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of convertible senior notes due 2036 in ...
Federal Reserve Governor Stephen Miran on Wednesday said he would be "very happy" to stay on at the central bank longer term if asked, but the decision is not ?up to him.
"The bond market marked down the odds of rate cuts after the release," said FHN Financial Chief Economist Chris Low. "The fact long yields are still lower than two days ago suggests traders are skeptical of the quality of the employment data but are confident the Fed will use it as a reason to keep rates steady," he said.
Retail sales unexpectedly stalled at the end of the year, raising questions about the strength of the American consumer. In the past years, household consumption has been a vital engine of growth. That's precisely why the latest data felt different. The Commerce Department reported that retail sales were flat in December compared with November.
First Quantum Minerals (FQVLF) said Wednesday it priced a US$1.5 billion offering of 6.375% senior notes due 2036, increasing the size from the originally planned US$1.35 billion. The issue price of the notes is 100%. The notes will pay interest of 6.375% per year, paid semi-annually.
US equity indexes were mixed Wednesday as investors weighed a strong jobs report and a rise in government bond yields. * Total nonfarm payrolls rose by 130,000 in January, the Bureau of Labor Statistics said, double the 65,000 gain expected in a Bloomberg poll. * The unemployment rate fell to 4.3%, while the market expected it to hold steady at December's 4.4% print.
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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