U.S. single-family house prices increased moderately in January, but rising mortgage rates as the war in the Middle East drags on could sideline potential first-time buyers from the housing market. House prices nudged up 0.1% after an upwardly revised 0.3% gain in December, the Federal Housing Finance Agency said on Tuesday.
By Jamie McGeever. The last time the world faced a sudden surge in inflationary pressures from a severe supply shock and spiking energy prices, in 2021-22, major central banks responded in unison.
U.S. single-family house prices increased moderately in January, but rising mortgage rates as the war in the Middle East drags on could sideline potential first-time buyers from the housing market. House prices nudged up 0.1% after an upwardly revised 0.3% gain in December, the Federal Housing Finance Agency said on Tuesday.
The Case-Shiller National Home Price index fell by 0.1% in January before seasonal adjustment following a 0.3% decrease in December. National home prices were up 0.9% year-over-year, down from 1.1% in December.
The FHFA's measure of home prices rose by 0.1% in January after an upwardly revised 0.3% increase in the previous month, as expected in a survey compiled by Bloomberg as of 7:40 am ET. There were gains in six districts from December, led by a 1.7% jump in the East South Central region, which were partially offset by declines in the other three regions.
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The Canadian economy advanced by 0.1% month over month to start the year, a tick above the consensus expectation, notes CIBC after Tuesday's gross domestic product data release. CIBC cites strength in goods-producing sectors, namely oil and natural gas extraction, mining/quarrying, and construction, which masked a decline in manufacturing.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 1% and the actively traded Invesco QQQ Trust was 0.9% higher in Tuesday's premarket activity as reports of potential de-escalation in the Middle East conflict improve risk sentiment despite ongoing volatility in oil markets.
Real gross domestic product edged up 0.1% month over month in January, following 0.2% month-over-month growth in December, driven by strength in goods-producing industries, said Statistics Canada on Tuesday. January's GDP was higher than a flat consensus reading provided by MUFG.
* Gold down more than 13% so far this month. * Gold, silver set for fifth quarterly rise. * Platinum, palladium set to post first quarterly loss in five. * Dollar eyes best month in eight as war's safe-haven shelter. By Ishaan Arora.
* Canadian economy grew 0.1% on a monthly basis in January. * Advance estimate shows growth in February could be 0.2% * Growth in January led by goods-producing industries. * Services sectors stall as real estate contracts. By Promit Mukherjee.
The Canadian dollar "continues its sagging ways" at C$1.394 after closing at a weakest level of the year, and today's industry gross domestic product for January and preliminary February at 8:30 a.m. ET "won't help the currency", says BMO Economics in its morning note.
Brazil's public sector gross debt increased to 79.2% of gross domestic product in February, from 78.7% the month before, central bank data showed on Tuesday. The public sector recorded a primary deficit of 16.388 billion reais for the month, narrower than the 25 billion reais shortfall forecast in a Reuters poll of economists.
Sterling was set for its biggest monthly gain against the euro in over a year on Tuesday, due to the surge in British short-term borrowing costs, while also posting its biggest monthly fall on the dollar in five months as the Iran war roils markets.
* Gold down more than 13% so far this month. * Gold, silver set for fifth quarterly rise. * Platinum, palladium set to post first quarterly loss in five. * Dollar eyes best month in eight as war's safe-haven shelter. By Ishaan Arora.
Inflation risks have driven Treasury yields higher since the U.S. clash with Iran ignited energy prices. Wall Street continues to expect the war to end soon, easing pressure on both the price of oil and the U.S. purse. BNP Paribas, for instance, expects the U.S. deficit to stay just below 6% of GDP over 2026 and 2027. SIGNS OF INFLATION STRESS.
* Headline inflation 2.5% in March vs 1.9% in Feb. * Energy price accounts for vast majority of rise. * ECB debating whether to raise rates. Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, heightening a policy dilemma as expensive energy is a drag on growth but also risks generating a self-reinforcing inflation spiral.
* S&P 500 on track for worst quarter in four years. * Energy spike, rate fears dim investor outlook. * Mag Seven stocks pull back significantly. By Chibuike Oguh.
* Gold down more than 13% so far this month; up 5% in March quarter. * Dollar eyes best month since July; emerges as war's safe-haven shelter. * Silver, platinum, palladium fall about 20% each in March. By Noel John.
The number of unemployed people in Germany remained unchanged in March, labour office figures showed on Tuesday. In seasonally adjusted terms, the jobless figure remained the same as in February at 2.977 million. The seasonally adjusted jobless rate was unchanged at 6.3% compared with a month earlier, in line with the forecast.
Realty Income (O) said Monday it priced a public offering of $800 million in senior unsecured notes carrying a 4.75% interest rate due April 15, 2033. The debt securities were priced at 98.26% of their principal amount to deliver an effective yield to maturity of 5.047%, the company said.
Everyone has an opinion on what central banks should do with rates as the Iran war drives an energy shock. Most monetary authorities have so far only talked tough, warning of "decisive" action if needed.
Australian consumers will no longer face surcharge fees on card payments after the country's central bank said it would ban the widely disliked practice as inefficient and opaque. Wrapping up a months-long public review process, the Reserve Bank of Australia on Tuesday announced it would remove card surcharging on designated eftpos, Mastercard (MA) and Visa networks from October 1 this year.
Major U.S. indexes closed Monday on a mixed note, with the Dow Jones Industrial Average rising 0.1% to 45,216.14, while the S&P 500 fell 0.39% to 6,343.72 and the Nasdaq declined 0.7% to 20,794.64. These are the top stocks that gained the attention of retail traders and investors through the day: Micron?s stock fell 9.88%, closing at $321.80. It reached an intraday high of $362.81 and a l...
* Official March manufacturing PMI at 50.4, up from February's 49.0. * Headline figure marks strongest growth in a year, helped by improved demand. * Non-manufacturing PMI also turns up to 50.1. * Middle East war adds to uncertainty, fuels growth risks. By Yukun Zhang and Ryan Woo.
Gold prices edged higher on
Tuesday, helped by a softer dollar, but were poised for their
worst month in more than 17 years as higher energy prices dimmed
hopes for a U.S. interest rate cut this year.
China's factory activity returned to growth in March, supported by improved demand, an official survey showed on Tuesday. The official manufacturing purchasing managers' index came in at 50.4, up from 49.0 in February and above the 50-mark separating growth from contraction, according to a survey by the National Bureau of Statistics.
Australia's central bank board felt monetary policy needed to be restrictive when it decided to raise rates earlier this month in a split decision, although it was ready to respond should the conflict in the Middle East lead to an economic downturn.
SAN DIEGO, March 30, 2026 Realty Income Corporation (O), The Monthly Dividend Company?, today announced the pricing of a public offering of $800 million of 4.750% senior unsecured notes due April 15, 2033. About Realty Income (O) Realty Income (O), an S&P 500 company, is real estate partner to the world's leading companies?. Founded in 1969, we serve our clients as a full-service real estate capital provider.
Chicago wheat futures rose on Tuesday, gaining for a second session as persistent dryness in the U.S. Plains threatens to curb winter crop yields. Soybean and corn prices rose ahead of a key U.S. planting outlook due later in the day, with the Iran war expected to raise farming costs through higher fuel and fertilizer prices. FUNDAMENTALS.
* March Tokyo core CPI rises 1.7% yr/yr vs forecast +1.8% * Index excluding fresh food, fuel rises 2.3% yr/yr. * Weak yen, oil spike seen propping up prices ahead. * Markets see 70% chance of April rate hike. By Leika Kihara.
Japan's factory output was down 2.1% in February from the previous month, matching the median market forecast, government data showed on Tuesday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 3.8% in March and gain 3.3% in April.
* March Tokyo core CPI rises 1.7% yr/yr vs forecast +1.8% * Index excluding fresh food, fuel rises 2.3% yr/yr. * Middle East conflict seen pushing up prices. By Leika Kihara.
JD.com, Inc. (JD) (NASDAQ: JD and HKEX: 9618 and 89618, the ?Company? or ?JD.com?) (), a leading supply chain-based technology and service provider, today announced that it proposes to offer CNY-denominated senior unsecured notes in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the United States Securities Act of 1933, as amended, subject to marke...
Australia's central bank said on Tuesday that it would end surcharges on debit and credit card payments for consumers from October 1, while lowering interchange fees paid by businesses in steps estimated to save about A$2.5 billion a year.
Federal Reserve Bank of New York President John Williams said Monday his view that energy prices will retreat later this year is driven by the financial market's outlook. Williams told reporters after a speech in Staten Island, New York, that his outlook is "kind of consistent with where markets see oil prices, but there's obviously, you know, other scenarios."
Service Properties Trust (SVC) said late Monday it has commenced a $500 million underwritten public offering of its common shares. The company said it expects to use the net proceeds to redeem all or part of the $100 million principal amount outstanding of its 4.95% senior notes due 2027 and/or the $450 million principal amount outstanding of its 5.50% senior notes due 2027.
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.
US equity indexes were mixed on Monday despite higher crude oil prices after Federal Reserve Chair Jerome Powell said inflation expectations remain well anchored.
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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