The US dollar rose against its major trading partners early Thursday, except for a decline versus the yen, ahead of the release of weekly jobless claims at 8:30 am ET, followed by weekly natural gas stocks at 10:30 am ET and the Kansas City Federal Reserve's manufacturing reading for March at 11:00 am ET. Fed Governor Lisa Cook leads off a slate of appearances by Fed officials at 4:00 pm ET.
There has been a lot of focus on whether the rates move MUFG has seen since the start of the conflict in the Middle East is realistic, given that an energy price shock would be growth-negative. However, as the bank suspected, the European Central Bank's response to an energy price shock is likely to be quite different from before.
Brazil's central bank projected annual inflation at 3.1% in the third quarter of 2028, the furthest horizon of its forecasts, according to fresh figures from its quarterly monetary policy report released on Thursday. The report also showed the central bank maintained its estimate for 1.6% gross domestic product growth this year, unchanged from the December report.
* German consumer sentiment at its lowest in 2 years. * Italian, French households also more pessimistic. * Economists expect further deterioration in coming months. By Francesco Canepa.
* Iran reviewing U.S. proposal, has no intention of holding talks. * Crude oil prices gain over 3% By Ishaan Arora. Gold prices fell 2% on Thursday, as crude prices once again rose above the $100 mark, reigniting concerns of rising inflation, with investors mostly pricing out any chance of U.S. interest rate cuts this year.
The escalating conflict in the Middle East has knocked the global economy off a stronger growth path, the OECD warned on Thursday, as a near-halt in energy shipments through the Strait of Hormuz threatens to push inflation sharply higher.
While U.S. President Donald Trump has been brazen in his demands for the historically independent Federal Reserve to lower interest rates, his administration is also trying to quietly steer the central bank's policy in another critical area: oversight of Wall Street banks.
* OECD forecasts global GDP growth at 2.9% in 2026, 3.0% in 2027. * G20 inflation projected 1.2 pts higher in 2026, reaching 4.0% * U.S. growth to moderate from 2.0% in 2026 to 1.7% in 2027. * Euro area growth cut to 0.8% in 2026 due to high energy costs. By Leigh Thomas.
INDIANAPOLIS, March 26, 2026 Lumina Foundation announced the Board of Directors' election of two new members: a nationally recognized economist who formerly served as president of the Federal Reserve Bank of St. Louis and a former Michigan Supreme Court chief justice and judicial innovator who leads the largest U.S. association of mediators and arbitrators who settle disputes outside of traditi...
Norway's central bank governor said on Thursday that domestic price growth is now driving inflation and that the outlook for wage growth is higher than previously forecast.
* South Africa expected to keep rates steady. * Poland weighs VAT cut for fuel. * EM stocks fall 1.6%, FX down 0.4% By Pranav Kashyap. Most emerging market stocks retreated sharply on Thursday as investors fled riskier assets and waited for clearer signs on whether a de-escalation in the Iran war was truly within reach.
* Keeps rate at 4.0% * Inflation higher than projected. * Says tighter policy needed to rein in inflation. * Considered hiking already now. * May hike to 4.25% or 4.50% by year-end. By Terje Solsvik, Nerijus Adomaitis and Nora Buli.
The Bank of Japan is likely to raise interest rates by June, as rising oil costs from the Iran war heightens the chance of being too late in addressing the risk of too-high inflation, its former top economist Seisaku Kameda said on Thursday.
Norway's central bank kept its policy interest rate on hold at 4.0% on Thursday, as unanimously expected in a Reuters poll of analysts, and said it will likely be appropriate to raise the policy rate at one of the forthcoming meetings.
Euro zone banks have limited direct exposure to the war in the Middle East, but the conflict could still generate systemic stress given interconnected vulnerabilities, European Central Bank Vice President Luis de Guindos said on Thursday.
A prolonged Iran war could bring German economic growth close to a standstill this year, the IMK institute said on Thursday. If the conflict in the Middle East drags on or escalates, gross domestic product would grow by just 0.2%, the Macroeconomic Policy Institute said in a risk scenario. In December, IMK economists had projected growth of 1.2% for 2026.
The dollar eased off recent gains in Asian trading on Thursday as investors sought clarity about whether a de-escalation in the U.S.-Israeli war on Iran was imminent and trimmed bets that the Federal Reserve's next move would be a hike.
Liberty Energy Inc. (LBRT) today announced the pricing of, and that it has agreed to sell, $475.0 million aggregate principal amount of 0.00% convertible senior notes due 2032 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Notes will be general unsecured, senior obligations of Liberty.
The yield on Japan's two-year government bond rose to a three-decade high on Thursday, as the protracted Middle East crisis added to inflationary pressures and reinforced expectations for a Bank of Japan interest rate hike as early as April. The two-year yield, most sensitive to the BOJ's policy, rose 2.5 basis points to 1.33%, the highest since April 1996, based on Japan Bond Trading Co. data.
The yield on Japan's two-year government bond rose to a nearly three-decade high on Thursday, as the protracted Middle East crisis added to inflationary pressures and reinforced the need for accelerated interest rate hikes by the central bank.
Gold prices edged higher on Thursday, extending gains to a third straight session, as investors awaited clarity on efforts to de-escalate the conflict in the Middle East, while trimming bets of a U.S.
This news release contains forward-looking statements. MONTR?AL, March 25, 2026 /PRNewswire/ - Bell Canada today announced the public offering in Canada of Cdn?$750?million?aggregate principal?amount of?MTN?Debentures?pursuant to its medium term notes program.
U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on Wednesday.
If the Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory changes, tweaks to the payment system and more frequent market interventions by the central bank, new research published by the Brookings Institution said on Wednesday.
U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on Wednesday.
The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal Reserve's next move may be a hike. Against the yen, the U.S. dollar was flat at 159.41 yen, holding near its strongest levels since 2024.
LYON, France---- Regulatory News: POXEL SA, a clinical-stage biopharmaceutical company that has developed innovative treatments for serious chronic diseases with metabolic pathophysiology, including metabolic dysfunction-associated steatohepatitis and rare metabolic diseases, announces that it has signed, on March 25, 2026, the new Tranche D PDR subscription agreement with IPF Partners, for ?3....
Freddie Mac today posted to its website its?Monthly Volume Summary for February 2026, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Bonds, Series 2026-A and affirms the long-term rating of AA for the State's outstanding General Obligation Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
Colliers International Group (CIGI) said late Wednesday it completed a private placement of CA$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by its subsidiary, Colliers Macaulay Nicolls, and fully guaranteed by Colliers, according to the company.
Apollo Global Management, Inc. (APO) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.700% Senior Notes due 2036. The notes will be fully and unconditionally guaranteed by certain subsidiaries of the Issuer that are obligors under the Issuer?s outstanding debt securities.
Veteran investor and housing finance leader brings deep capital markets and mortgage experience to support Better?s next phase of AI-driven growth through Tinman? AI Platform Better Home & Finance Holding Company (BETR), the leading AI-powered homeownership company, today announced that Hugh Frater, a founding partner and former managing director of BlackRock and former CEO of Fannie Mae, has been app...
Colliers International Group Wednesday said it completed a private placement of C$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by Colliers Macaulay Nicolls, a subsidiary of Colliers, and are fully guaranteed by the company.
"Rates, not fundamentals, continue to drive benchmark yields higher, leaving munis on track for their fourth-worst monthly performance in 15 years," said James Pruskowski, managing director at Hennion & Walsh.
?. Colliers International Group Inc. (CIGI) today announced the completion of a private placement of C$550 million, equivalent to approximately US$400 million, of 4.73% fixed rate senior unsecured notes due 2033. The Notes were issued by Colliers Macaulay Nicolls Inc., a subsidiary of Colliers, and are fully guaranteed by Colliers.
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.3% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was increasing 0.5% to $70,893, and the yield for 10-year US Treasuries dropped 6.4 basis ...
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.3% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was increasing 0.5% to $70,893, and the yield for 10-year US Treasuries dropped 6.4 basis ...
The war in Iran has clouded
the outlook for France's economy, with the impact depending on
how long the conflict lasts and how high energy prices rise, the
French central bank said on Wednesday.
The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.
While European Central Bank policymakers reinforced that the April and June Governing Council meetings were live for a rate hike, German Bunds followed the global trend higher on Wednesday, said Daiwa Capital Markets.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.2% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was increasing 2.3% to $70,731, and the yield for 10-year US Treasuries was dropping 6.6 basis po...
Gold traded higher early Wednesday, rising off a near three-month low as treasury yields fell. Gold for April delivery was last seen up US$154.40 to US$4,588.50 per ounce, after falling to the lowest since Jan. 2 a day earlier. The price of the metal has dropped 18% since the United States and Israel launched their war on Iran on Feb. 28.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.7% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was fractionally lower, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was increasing 0.7% to $71,025, and the yield for 10-year US Treasuries was dropping 6.4...
* Fed saw narrow loss on operations in 2025. * Smaller interest expenses lower level of loss. * Experts see long path to cover losses related to pandemic era policy. By Michael S. Derby. The U.S. Federal Reserve reported a much narrower loss last year in an audited financial statement released on Wednesday, as its balance sheet contracted and it benefitted from a drop in interest expenses.
Regulatory News: SpineGuard, an innovative company deploying its digital surgical guidance technology?which measures tissue electrical conductivity locally in real time to ensure the safe and simplified placement of bone implants?announced today the full repayment of its bonds issued to Norgine and Harbert European Growth.
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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