The Sentix index measuring investor morale in the euro zone fell sharply in April, stung by higher energy prices and supply chain disruptions from the U.S.-Israeli war on Iran.
China's central bank stayed the course on gold purchases for a 17th consecutive month, with its reserves amounting to 74.38 million fine troy ounces by the end of March, versus the previous month's 74.22 million. The country's gold reserves were valued at $342.76 billion at the end of last month, down from $387.59 billion a month earlier, data from the People's Bank of China showed on Tuesday.
Euro zone bond yields rose on Tuesday as uncertainty over the Iran war persisted and a U.S.-imposed deadline for a deal on the conflict loomed large. Still, markets held on to some hopes for de-escalation as they mulled the potential impact of the conflict on inflation, economic growth and central bank interest rates. "Markets remain torn between escalation fears and ceasefire hopes.
China's foreign exchange reserves fell more than expected in March, central bank data showed on Tuesday, as the dollar gained strength. The country's foreign exchange reserves, the world's largest, stood at $3.342 trillion last month, below the estimated $3.398 trillion in a Reuters poll.
The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.
By Mike Peacock. On the face of it, the Middle East energy crisis is precisely the sort of external shock that central banks should "look through". But there are growing reasons why that may not happen this time around. The U.S.-Israeli war on Iran that began on February 28 has sent Brent crude up about 50% to $108.50 a barrel, raising the risk of an inflationary spike globally.
* Risk of BOJ falling behind the curve rising, Adachi says. * Chance of April rate hike '50-50' on war-induced uncertainty. * Adachi sees neutral rate likely around 1.25% * Politics likely to complicate BOJ's rate decision. * Oil shock from war could force BOJ to hike at faster pace. By Leika Kihara and Takahiko Wada.
KBRA assigns a long-term AAA rating to Metropolitan Transit Authority of Harris County, Texas Sales and Use Tax Contractual Obligations, Series 2026. Sales and Use Tax Contractual obligations are secured on parity by a gross lien pledge of 75% of receipts from a voter-authorized 1% sales and use tax collected on taxable transactions within the County service area.
Wall Street and the Asian stock markets that were open ticked higher on Easter Monday, as investors shrugged off another rise in oil prices and more belligerent rhetoric from U.S. President Donald Trump on Iran, and awaited more concrete ceasefire news. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
TriplePoint Venture Growth BDC Corp. (TPVG), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. has confirmed the Company?s investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB.
The yield curve adjusted lower every day last week, drawing strong inquiries to dealers, "especially in the 10-to-15-year space that had been hit hardest in March," Birch Creek Capital analysts noted in their weekly market commentary.
NEEDHAM, Mass. The 2026 Senior Notes were originally issued in March 2021 for an aggregate principal amount of $345.0 million due April 1, 2026 in a private offering to qualified institutional buyers. About Tripadvisor, Inc. (TRIP) Tripadvisor, Inc. (TRIP) connects people to experiences worth sharing, and aims to be the world's most trusted source for travel and experiences.
CHICAGO, April 6, 2026 Ziegler, a specialty investment bank, is pleased to announce the successful closing of Odd Fellows Home of California's $101,745,000 Series 2026AB Bonds through the California Statewide Communities Development Authority.
* Middle East ceasefire plan proposes immediate truce. * Shifting comments by Trump, Iran add to market uncertainty. * US services sector cools, but prices paid index surge. * US rate futures price out rate cuts in 2026. By Gertrude Chavez-Dreyfuss.
Financial stocks were advancing late Monday afternoon, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF ahead 0.6%. The Philadelphia Housing Index was up 0.7%, and the State Street Real Estate Select Sector SPDR ETF added 0.4%. Bitcoin was climbing 1.3% to $69,870, and the yield for 10-year US Treasuries was increasing 2.2 basis points to nearly 4....
Financial stocks were advancing late Monday afternoon, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF ahead 0.6%. The Philadelphia Housing Index was increasing 0.7%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.4%. Bitcoin was climbing 1.3% to $69,870, and the yield for 10-year US Treasuries was increasing 2.2 basis points...
* US, Iran weigh peace framework as Trump threatens Iran infrastructure attacks. * US Treasury yields little changed while dollar dips. By Sin?ad Carew and Gregor Stuart Hunter.
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a forecast for the world economy planned by the global lender for next week.
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week. Barring the war, the IMF had expected a small upgrade in its projection for global growth of 3.3% in 2026 and 3.2% in 2027.
"Historically, the weeks leading up to the April 15 tax day have been challenging for the municipal market, often due to weaker supply and demand dynamics," said Sam Weitzman, a product manager at Western Asset.
Financial stocks were advancing Monday afternoon, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF ahead 0.5%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was rising 0.9% to $69,567, and the yield for 10-year US Treasuries was increasing 2 basis points to 4.33%...
Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather than looser monetary policy as the Iran war puts upward pressure on energy prices and the job market remains stuck in low gear.
President Trump's budget proposal for fiscal year 2027 includes $1.5 trillion for the military, while cutting FEMA's budget, privatizing the TSA, and increasing transportation funding.
Financial stocks were advancing Monday afternoon, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF ahead 0.7%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was rising 0.9% to $69,567, and the yield for 10-year US Treasuries was increasing 2 basis points to 4.33%...
* ISM services sector growth slows, PMI falls more than expected to 54.0. * Input prices index surges to 70.7, highest since Oct 2022, amid Middle East conflict and tariffs. * Services employment contracts, diverging from strong private payrolls in March. By Lucia Mutikani.
US services growth slowed more than expected in March, with the price measure reaching its highest level in more than three years amid elevated oil and fuel costs due to the ongoing Middle East conflict, the Institute for Supply Management said Monday. The ISM's purchasing managers' index declined to 54 last month from 56.1 in February.
White House economic adviser Kevin Hassett told CNBC on Monday that he believes a "supply shock" in the U.S. economy caused by capital spending and higher productivity from artificial intelligence will allow the Federal Reserve to lower interest rates.
* US, Iran weigh peace framework as Trump threatens Iran infrastructure attacks. * Crude oil trading choppy, WTI still above $110. * US Treasury yields little changed while dollar dips. By Sin?ad Carew and Gregor Stuart Hunter.
White House economic adviser Kevin Hassett told CNBC on Monday that he expects increased productivity in the U.S. economy will allow the Federal Reserve to lower interest rates. Hassett said he expects the Fed to lower rates if Kevin Warsh, President Donald Trump's nominee to become Federal Reserve chair, takes up the position.
Supply chain pressures heated up in March to levels last seen at the start of 2023, data released by the Federal Reserve Bank of New York said on Monday. In its latest Global Supply Chain Pressure Index, the bank said that the measure rose to 0.68, a modest rise from the 0.54 seen in February.
Supply chain pressures heated up in March to levels last seen at the start of 2023, data released by the Federal Reserve Bank of New York said Monday. The New York Fed did not provide any reason for the rise in the March reading, but it is almost certainly related to disruptions tied to the war in the Middle East that was started by the U.S.-Israeli attacks on Iran.
KBRA releases the March 2026 issue of CMBS Trend Watch. In March, 12 commercial mortgage-backed securities private label issuance deals closed, including eight single-borrower and four conduits, bringing the year-to-date issuance total to $32.9 billion.
The Institute for Supply Management's US services index fell to a reading of 54.0 in March from 56.1 in February, compared with expectations for a smaller decrease to a reading of 54.9 in a survey compiled by Bloomberg as of 7:35 am ET. The index indicates a slower pace of expansion.
Blackstone-backed QTS has launched the sale of a 10-year investment-grade green bond amid the company's data center buildout in Fayetteville, Georgia, Bloomberg said Monday, citing a person familiar with the matter. Initial price talk for the bond is a spread of about 1.625 percentage points over US Treasuries, the person said, according to the news outlet.
* ISM services sector growth slows, PMI falls more than expected to 54.0. * Input prices index surges to 70.7, highest since Oct 2022, amid Middle East conflict and tariffs. * Services employment contracts, diverging from strong private payrolls in March.
Business Activity Index at 53.9%; New Orders Index at 60.6%; Employment Index at 45.2%;?Supplier Deliveries Index at 56.2% TEMPE, Ariz. ? Services Business Survey Committee: "In March, the Services PMI??registered 54 percent, a decrease of 2.1 percentage points compared to February's figure of 56.1 percent and its second-highest reading since October 2024.
* U.S., Iran study ceasefire plan as Trump's warning nears deadline. * Fed minutes to be released on Wednesday. * U.S. PCE, CPI data due this week. By Ashitha Shivaprasad. Gold prices were nearly steady on Monday, as market participants stayed cautious and awaited further signals on the evolving U.S.-Iran situation and its impact on global interest rates.
Canada's services economy contracted for a fifth straight month in March as uncertainty related to the war in the Middle East contributed to a decline in new business and after higher fuel costs raised operating expenses, S&P Global's Canada services PMI data showed on Monday. The headline Business Activity Index rose to 47.2 last month from 46.5 in February.
Pending sales posted their largest March increase in five years SEATTLE, April 6, 2026 The housing market sprang forward in March, even as rising mortgage rates began to chip away at earlier affordability gains, according to the Zillow? March Market Report. Mortgage rates climbed from 5.98% at the end of February to 6.38% in late March, according to Freddie Mac.
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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