UBS projects a headline Canadian consumer price index increase of 1.1% on a non-seasonally adjusted month-over-month basis in March, which is the largest monthly increase since March 2022.
U.S. factory production unexpectedly fell in March after two straight months of solid gains, weighed down by decreases in the output of motor vehicles and a range of other goods. Manufacturing output dipped 0.1% last month after an upwardly revised 0.4% increase in February, the Federal Reserve said on Thursday. Production at factories advanced 0.5% on a year-over-year basis in March.
* Weekly jobless claims fall 11,000 to 207,000. * Continuing claims increase 31,000 to 1.818 million. * Manufacturing production dips in March, but grows at a 3.0% rate in the first quarter. By Lucia Mutikani.
* Iran says nuclear issues unresolved. * Traders see 36% chance of a US rate cut this year. * Economic growth will be slower this quarter amid war, US Treasury chief says. By Ashitha Shivaprasad. Gold prices moved higher on Thursday as hopes for a peace deal between the U.S. and Iran helped ease inflation concerns and improved prospects for lower interest rates.
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Thursday. Following the market opening Thursday, the Dow traded up 0.27% to 48,593.82 while the NASDAQ rose 0.07% to 24,032.72. The S&P 500 also rose, gaining, 0.16% to 7,033.84. Leading and Lagging Sectors Energy shares climbed by 1% on Thursday.
Fitch: * FITCH: LIMITED RATING IMPACT FROM KOSOVO'S POLITICAL CRISIS, BUT REFORM DELAYS POSSIBLE. * FITCH: FAILURE TO ELECT PRESIDENT IN KOSOVO COULD LEAD TO NEW PARLIAMENTARY ELECTIONS & MAINTAIN POLITICAL UNCERTAINTY. * FITCH: IT IS ALSO UNCLEAR IF ANY PARTY COULD WIN PARLIAMENTARY MAJORITY IN FRESH ELECTIONS IN KOSOVO.
The European Central Bank entered the current inflation shock in a strong position as the bloc managed to resolve many of its economic and financial imbalances over the past decade, ECB board member Isabel Schnabel said on Thursday.
CoreWeave (CRWV) said Thursday it plans to offer $1 billion in a private offering of 9.750% senior notes due 2031. The notes will be guaranteed by certain CoreWeave (CRWV) subsidiaries and issued as additional notes under an existing indenture tied to $1.75 billion of previously issued 9.750% notes, the company said.
Japan should gradually raise interest rates and keep any fiscal stimulus targeted given robust domestic demand and steady wage gains, a senior International Monetary Fund official said on Thursday.
PARIS, April 16, 2026 /PRNewswire/ -- Sopra Steria, a major player in the European tech sector, is publishing a new study analysing the economic impact of disinformation worldwide in 2024.
National Debt Relief survey finds resilience runs deep among Hispanic American community, more trusted financial support needed NEW YORK, April 16, 2026 National?Debt Relief,?the industry leader in debt settlement and provider of the most popular debt relief solution in the U.S.*, today released findings from a new survey conducted in partnership with Talker Research, revealing Hispanic America...
?Stronger monthly appreciation signals early seasonal firming, even as prices remain below year-ago levels, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its March 2026 Home Price Index report.
Brazil's IBC-Br economic activity index rose a seasonally adjusted 0.6% in February from the previous month, the central bank said on Thursday, above the 0.47% rise forecast in a Reuters poll of economists. BY THE NUMBERS. * The index, a proxy for gross domestic product, was driven by strong industrial output, which expanded 1.2% from January, the central bank said.
RBC Capital Markets, Montague DeRose and Acacia Financial Group were new entrants into the top 10, bumping KNN Public Finance, Omnicap Group and Municipal Capital Markets Group.
New applications for U.S. unemployment benefits fell more than expected last week, suggesting labor market conditions remained stable, though employers are cautious about increasing headcount as the war with Iran casts a shadow over the economy.
US initial jobless claims fell to a level of 207,000 in the week ended April 11 from a downwardly revised 218,000 level in the previous week, compared with expectations for a smaller decrease to 213,000 in survey of analysts compiled by Bloomberg as of 7:35 am ET. The four-week moving average rose by 500 to 209,750 after increasing by 1,250 to a level of 209,250 in the previous week.
The number of Americans filing claims for unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious about hiring new workers as the conflict in the Middle East casts a shadow over the economy.
Federal Reserve Bank of New York President John Williams said Thursday that the Middle East war is already driving up inflationary pressures, and uncertainty over the outlook is limiting how much the central bank can say about what's next for interest rate policy.
Brazil's IBC-Br economic activity index rose a seasonally adjusted 0.6% in February from the previous month, the central bank said on Thursday, above the 0.47% growth expected by economists in a Reuters poll.
* IMF keeps Asia's growth forecasts roughly unchanged from January. * Tailwinds from solid exports somewhat offset energy shock. * Energy shock seen hurting Asia more than other regions. * Prolonged conflict could deepen pain through supply shortages. * Asian central banks should look through shock but must be agile. By Leika Kihara.
CoreWeave (CRWV) said Thursday it plans to offer $1 billion in a private offering of 9.750% senior notes due 2031. The notes will be guaranteed by certain CoreWeave (CRWV) subsidiaries and issued as additional notes under an existing indenture tied to $1.75 billion of previously issued 9.750% notes, the company said.
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 data, the New York Federal Reserve's services index for April, and the Philadelphia Fed's manufacturing reading for April, all at 8:30 am ET.
CoreWeave, Inc. (CRWV) announced today that it intends, subject to market and other customary conditions, to offer $1,000 million aggregate principal amount of 9.750% senior notes due 2031 in a private offering.
By Mike Dolan. What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a dreary, war-filled six weeks, global stocks are once again at record highs. I'll get into that and more below. SIX-WEEK ROUNDTRIP Global stocks are rallying as investors refocus on how the tech sector and wider global economy have absorbed the impacts of the Iran war.
* European earnings expected to be firm in first quarter. * Energy costs, supply chain disruptions among full year risks. * Energy companies seen performing well in quarter. * Consumer, luxury firms could suffer from inflation pressures. By Javi West Larra?aga and Ozan Ergenay.
The prospect of a smooth-and-on-time transition to U.S. President Donald Trump's pick for the next Federal Reserve chief, Kevin Warsh, looks increasingly to be on shaky ground, setting up a possible clash over who runs things in the meantime.
* Senate confirmation hearing for Fed chief nominee Warsh set for April 21. * Powell's term as head of US central bank ends on May 15. * Key Republican senator has vowed to block Warsh confirmation until probe into Powell ends. * Powell says he'll fill any leadership gap as 'pro tem' Fed chair. * Trump threatens to fire Powell if he stays on; president's right to do so is contested. By Ann Saphir.
Walker & Dunlop (WD) said late Wednesday it has arranged $1.72 billion in financing to refinance nearly 13,000 workforce and affordable housing units across 52 properties in 10 US states for Starwood Capital Group. The loans were originated through Freddie Mac and support assets owned by Starwood Real Estate Income Trust, which acquired the portfolio in 2021, the company said.
BEIJING, April 16, 2026 The National Bureau of Statistics released economic data for the first quarter of the first year of the 15th Five-Year Plan period on Thursday, showing that China's GDP grew by 5.0 percent year-on-year, with major macroeconomic indicators rebounding and new growth drivers emerging rapidly, marking a good start for the national economy.
Uncertainty over the economic outlook for Switzerland has risen due to the conflict in the Middle East and global developments pose the main risk for inflation, minutes of the Swiss National Bank's latest rate-setting meeting showed on Thursday. "The main risk to the economic and inflation outlook for Switzerland stems from developments in the global economy," the central bank said in a statement.
Sterling rose slightly on Thursday after data showed the British economy grew rapidly in February and markets waited for more news about a possible peace deal in the U.S.-Iran war. The pound was last up 0.1% at $1.3575. The euro slipped against the British currency and was down 0.1% at 86.94 pence.
The Bank of England was "not going to rush to judgements" on interest rate rises, Governor Andrew Bailey told BBC News, as global central banks contend with an energy price shock driven by the Iran war.
* UK GDP rises 0.5% in February, much more than forecast. * Data suggest UK economy was in slightly better shape than feared. * But Iran war spoils outlook, with Britain vulnerable to fallout. * UK GDP set for another strong Q1, stoking data adjustment concerns. * ONS says it is confident in quality of its figures. By Andy Bruce.
Britain's economy grew by a better-than-expected 0.5% in the three months to February, official figures showed on Thursday. Economists polled by Reuters had forecast 0.2% growth in gross domestic product for the December-February period compared with the previous three months.
South Korean Finance Minister Koo Yun-cheol will hold a meeting with U.S. Treasury Secretary Scott Bessent on Friday, the Yonhap News Agency reported. Here are some details: * The two ministers will meet on the sidelines of the Group of 20 finance ministers and central bank governors meeting in Washington, D.C., Koo told reporters, according to Yonhap.
* US optimistic about deal with Iran. * Dollar, US Treasury yields ease. * Traders see 29% chance of US rate cut in December. By Noel John. Gold prices rose on Thursday, supported by a weaker dollar and lower U.S. Treasury yields, as investors grew optimistic about a potential end to the Middle East war, which has stoked fears of higher inflation.
The Bank of Japan will raise its benchmark rate to 1.00% by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a hike this month or in June seen as equally likely amid uncertainty over the fallout from the Iran war.
* Japan, U.S. finance leaders met, discussed markets including FX. * Katayama says no discussion with Bessent on BOJ policy. * Many central banks appeared to favour wait-and-see stance. By Leika Kihara. Japan and the U.S. agreed to strengthen communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S. Treasury Secretary Scott Bessent on Wednesday.
Japan and the U.S. agreed to strengthen communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S. Treasury Secretary Scott Bessent on Wednesday.
* China's Q1 GDP growth picks up to 5.0% from Q4's 4.5% * Retail sales growth and industrial output cool in March. * Iran war raises growth risks, set to test policymaking. * More fiscal stimulus expected if exports falter. By Kevin Yao and Claire Fu.
China's industrial output rose 5.7% in March from a year earlier, slowing from 6.3% growth in January-February, as the fallout from the Iran war dampened momentum in the world's second-largest economy. The output data released by the National Bureau of Statistics beat expectations for a 5.5% rise in a Reuters poll of 36 analysts.
China's economy grew 5.0% in the first quarter from a year earlier, official data showed on Thursday, beating analysts' expectations as policymakers brace for the fallout from the Iran war. Analysts polled by Reuters had forecast the January-March quarter gross domestic product would expand 4.8% from a year earlier, compared with a 3-year low of 4.5% in the fourth quarter.
Australian employment rose broadly in line with expectations in March, while the jobless rate stayed low, but a war-driven global energy shock could test the labour market's resilience soon.
China's new home prices extended their decline in March, official data showed on Thursday, although major cities showed some month-on-month improvement. Weak demand continued to weigh on the property market.
Pls: * PLEASE PRICES US$600M SENIOR UNSECURED NOTES OFFERING. * NOTES PAY 6.875% INTEREST STARTING NOV 1, 2026, SEMIANNUALLY. * TO REDUCE REVOLVING CREDIT FACILITY TO A$500 MILLION AFTER NOTES OFFERING. * NOTES OFFERING SETTLEMENT EXPECTED IN NEW YORK ON APRIL 22, 2026. * INCREASES NOTES OFFERING TO US$600 MILLION FROM US$500 MILLION \Further company coverage:
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.
Log In Required
Publication Date