* Japan's inflation cools, complicating central bank's policy decisions. * Sterling rises after Labour's election defeat in Greater Manchester. * Pakistan escalates conflict with Afghanistan. By Rocky Swift. TOKYO, Feb 27 - Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots weighed on sentiment.
* Australian dollar jumps on hawkish RBA outlook. * China's PBOC moves to slow pace of yuan appreciation. * Yen struggles as politics complicates rate-hike path. By Rae Wee. The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost momentum after China hit the brakes on a long-running rally in the currency.
Copper was poised to register a weekly gain on Friday, the first week of trading week after China's nine-day Lunar New Year break, supported by demand and growth optimism. The most-active copper contract on the Shanghai Futures Exchange nudged 0.12% upward to 102,820 yuan a metric ton as of 0245 GMT, and is poised to end the week higher.
The dollar headed for its first monthly gain since October on Friday, boosted by simmering geopolitical tensions, while the yuan lost momentum after China hit the brakes on a long-running rally. The Australian dollar was set for a fourth straight monthly gain, propelled by expectations that the central bank would shift towards raising interest rates, as the economy powers ahead.
* Australian dollar jumps on hawkish RBA outlook. * Yen struggles as politics complicates rate-hike path. * China's PBOC moves to slow pace of yuan appreciation. By Rae Wee.
* Yen rallies as geopolitical risks drive haven bids. * Tech stocks pressured by high valuations. * China to scrap FX reserves for some contracts. By Rocky Swift. Dour sentiment persisted in the Asian trading day on Friday as concerns about technology company valuations weighed on shares and Middle East tensions kept energy markets on edge.
Annual core inflation in Tokyo slowed in February, running below the Bank of Japan's 2% target for the first time in 16 months, data showed on Friday, potentially heightening friction between the central bank and the government on the future path of rate hikes.
* February Tokyo core CPI rises 1.8% yr/yr vs forecast +1.7% * Index excluding fresh food, fuel rises 2.5% yr/yr. * Data in line with BOJ's forecast of brief inflation slowdown. By Makiko Yamazaki and Leika Kihara.
Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average edging up 0.03% to 49,499.20, while the S&P 500 slipped 0.5% to 6,908.86 and the Nasdaq dropped 1.18% to 22,878.38.Investors were jittery as U.S. initial jobless claims rose by 4,000 to 212,000 in the third week of February, coming in below estimates of 215,000.
Argentine state energy firm YPF posted a fourth-quarter net loss of $649 million, more than double the $284 million loss it reported a year earlier due to shifting prices in oil and petroleum derivatives and a slowdown in gas sales, the company said. The company's revenues fell 4% year-on-year, landing at $4.56 billion.
The U.S. Federal Reserve is waging a behind-closed-doors legal challenge to two subpoenas issued in U.S. Attorney Jeanine Pirro's criminal investigation of Chair Jerome Powell, the Wall Street Journal said on Thursday. Reuters could not immediately confirm the report.
The U.S. Federal Reserve is waging a behind-closed-doors legal challenge to two subpoenas issued in U.S. Attorney Jeanine Pirro's criminal investigation of Chair Jerome Powell, the Wall Street Journal said on Thursday. Reuters could not immediately confirm the report.
Japan's factory output was up 2.2% in January from the previous month, worse than the median market forecast for a 5.3% rise, government data showed on Friday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to fall 0.5% in February and decrease 2.6% in March.
* February Tokyo core CPI rises 1.8% yr/yr vs forecast +1.7% * Index excluding fresh food, fuel rises 2.5% yr/yr. * Data in line with BOJ's forecast of brief inflation slowdown.
ST. LOUIS, Feb. 26, 2026 Ameren Corporation (AEE) announced today the pricing of a public offering of $400 million aggregate principal amount of 5.00% senior notes due 2036 at 99.802% of their principal amount.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the newly issued $1 billion, 5.85% subordinated debentures, due March 15, 2056, issued by MetLife, Inc. [NYSE: MET]. The outlook assigned to this Credit Rating is stable. The proceeds from this debt issuance are expected to be used to cover general business purposes.
Brazil's National Monetary Council decided on Thursday to loosen conditions on loans to airlines backed by the National Civil Aviation Fund, a public fund expected to release 4 billion reais starting in 2026. ?. The council is the country's top economic policy body and is formed by three members: the finance minister, the planning and budget minister, and the central bank chief.
Matador Resources Company (MTDR) today announced that it has priced a private offering of $750 million of 6.000% senior unsecured notes due 2034 at a price of 100% of their face value.
Electronic Arts (EA) has yet to win enough bondholder support to repurchase its bonds at a steep discount to face value and amend some lending terms, Bloomberg News reported on Thursday, citing firms that plan to acquire the company. A key deadline for the agreement passed earlier this week, the report said.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.
Increased 2025 Revenue by?14% Year-over-Year to $748.3 Million, Driven by Global Growth in Social, CTV Measurement, and Programmatic Activation Achieved 2025 Net Income of $50.7 Million and Adjusted EBITDA of $245.6 Million, representing a 33% Adjusted EBITDA margin $300 Million Authorized for Share Repurchases, the Largest Amount in DoubleVerify?s History NEW YORK, Feb. 26, 2026 -- DoubleVe...
Investors added $1.029 billion to municipal bond mutual funds in the week ended Wednesday, following?$1.269 billion of inflows the prior week, according to LSEG Lipper data. This is the seventh time in eight weeks that inflows have topped $1 billion.
Invesco Ltd. (IVZ) has expanded its fixed income ETF lineup with the launch of four new products aimed at helping investors navigate a bond market still grappling with rate volatility and shifting income dynamics.
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index up 0.9% and the State Street Financial Select Sector SPDR ETF ahead 1.2%. The Philadelphia Housing Index was adding 0.7%, and the State Street Real Estate Select Sector SPDR ETF was rising 0.5%. Bitcoin was declining 0.4% to $67,734.9, and the yield for 10-year US Treasuries was decreasing 3.2 basi...
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index up 0.9% and the State Street Financial Select Sector SPDR ETF ahead 1.2%. The Philadelphia Housing Index was adding 0.7%, and the State Street Real Estate Select Sector SPDR ETF was rising 0.5%. Bitcoin was declining 0.4% to $67,734.9, and the yield for 10-year US Treasuries was decreasing 3.2 basi...
Weekly applications for unemployment insurance in the US rose less than estimated, while continuing claims decreased, government data showed Thursday. For the week through Feb. 21, the seasonally adjusted number of initial claims increased by 4,000 to 212,000 from the previous week's average that was adjusted upwards by 2,000, the Department of Labor said.
Federal Reserve chair nominee Kevin Warsh's path to out-of-the-gate interest rate cuts in alignment with President Donald Trump's expectations could be narrowing amid emerging bullishness about the U.S. economy, growing CEO confidence in the outlook, and investors keying off a hawkish shift among the central bank's policymakers.
* IMF sees limited scope for US rate cuts amid strong economic growth. * CEO survey shows optimism, ongoing tariff pass-through. * Fed sentiment could tilt more hawkish if jobs data strengthens. By Howard Schneider and Ann Saphir.
Chicago Federal Reserve President Austan Goolsbee said on Thursday his forecast for several interest-rate cuts later this year makes him one of the more "optimistic" Fed policymakers, but said he wants the Fed to be "careful" in doing so because it could overheat the economy and inflation.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. We increase our 12-month target price by CAD25 to CAD305, 17.4x our FY 27 EPS view of CAD17.55, a wider risk premium than the peer average of 12.7x given its scale and superior earnings profile. MT Newswires does not provide investment advice.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. We increase our 12-month target price by USD23 to USD223, 17.4x our FY 27 EPS view of CAD17.55, a wider risk premium than the peer average of 12.7x given its scale and superior earnings profile. MT Newswires does not provide investment advice.
* Canadian dollar falls 0.1% against the greenback. * Trades in a range of 1.3660 to 1.3712. * Current account deficit narrows to C$710 million. * 10-year yield hits a near three-month low. By Fergal Smith.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index up 0.6% and the State Street Financial Select Sector SPDR ETF ahead 1%. The Philadelphia Housing Index was adding 0.2%, and the State Street Real Estate Select Sector SPDR ETF was ahead 0.4%. Bitcoin was declining 3.2% to $67,196, and the yield for 10-year US Treasuries was decreasing 2.1 basis points t...
The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but the decline is likely temporary and on its own insufficient?to significantly boost housing demand unless supply increases, said economists.
If building out AI tools requires a big investment, "it sure helps to have the capital," said Justin Marlowe, a research professor in the University of Chicago Harris School of Public Policy.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index up 0.2% and the State Street Financial Select Sector SPDR ETF ahead 0.5%. The Philadelphia Housing Index was shedding 0.3%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.2%. Bitcoin was declining 1.8% to $66,767, and the yield for 10-year US Treasuries was decreasing 2.5 basis poi...
The Housing Authority of the City of Brownsville celebrated the grand opening of the historic El Jardin, reborn as an affordable residential community, in downtown Brownsville, Texas, thanks in part to a $1.1 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas through member Texas Regional Bank. This press release features multimedia.
The Kansas City Federal Reserve's manufacturing index rose to 5 in February from 0 in the previous two months. The ISM's national manufacturing reading will be released on March 2. Initial jobless claims increased by 4,000 to 212,000 in the week ended Feb. 21, lifting the four-week moving average by 750 to 220,250.
The average rate on the popular U.S. 30-year fixed-rate mortgage dropped below 6% this week for the first time in nearly 3-1/2 years, which could help to improve housing affordability. The 30-year fixed mortgage rate averaged 5.98%, the lowest level since September 2022, from 6.01% last week, mortgage finance agency Freddie Mac said on Thursday.
The European stock markets were set to close mixed in Thursday trading as The Stoxx Europe was unchanged, Germany's DAX rose 0.4%, the FTSE 100 was up 0.4%, France's CAC gained 0.7%, and the Swiss Market Index was down 0.5%. The Economic Sentiment Indicator for February decreased in both the EU and the euro area, falling 1 point to 98.3 for each, according to the European Commission.
Alberta will release its 2026-27 budget at around 5:15 p.m. ET on Thursday, said Scotiabank. While the province recorded a sizeable surplus of $8.3 billion, or 1.8% of gross domestic product, in 2024-25, lower oil prices and higher spending on health and education have pushed the province into the red this year, noted the bank.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 5.98%. ?For the first time in three and a half years, the 30-year fixed-rate mortgage dropped into the 5% range, falling even lower than last week's milestone,? said Sam Khater, Freddie Mac?s Chief Economist.
Expected to provide over $500 million in financing capacity over its life. Avant, a leading financial technology company, today announced the successful close of its latest personal loan securitization, a $200 million transaction that marks its first-ever deal to receive AAA ratings from both Fitch Ratings and Kroll Bond Rating Agency.
The Kansas City Fed monthly manufacturing index rose to a reading of 5 in February from 0 in January, higher than expectations for an increase to 2 in a survey compiled by Bloomberg. The increase follows expansion in readings for the other regional manufacturing data released so far.
Chemours (CC) said Thursday it plans to offer $600 million of senior unsecured notes due 2034. Net proceeds will be used to redeem its 5.375% senior notes due 2027 and a portion of its 5.750% senior notes due 2028, it said. Shares were down over 2% in recent trading. Price: 17.49, Change: -0.53, Percent Change: -2.94. MT Newswires does not provide investment advice.
Matador Resources (MTDR) said Thursday it plans to offer $750 million of senior unsecured notes due 2034 in a private placement. Separately, the company said it has commenced a cash tender offer to purchase any and all of its $500 million outstanding 6.875% senior notes due 2028.
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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