A look at the day ahead in European and global markets from Kevin Buckland. Bets for a U.S. Federal Reserve rate cut next week sit unequivocally at the centre of the market's focus right now, as does the murkiness of the economic data Fed officials depend on to make their policy decisions.
Fastly, Inc. (FSLY) today announced the pricing of its offering of $160,000,000 aggregate principal amount of 0% convertible senior notes due 2030 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 senior, unsecured obligations of Fastly.
* US 10-year Treasury yields at near two-week high. * US unemployment benefit claims drop to over three-year low. * PCE data for September due at 1500 GMT. By Ishaan Arora. Dec 5 - Gold held flat on Friday, as higher U.S. Treasury yields blunted the lift from a weaker dollar, with investors awaiting key inflation data for signals on the Federal Reserve's path ahead of next week's meeting.
The Reserve Bank of Australia will hold its cash rate at 3.60% on Tuesday and keep it there through 2026, according to a Reuters poll, a shift from last month when a majority of economists expected at least one rate cut next year.
* Nikkei falls 1.5%, shares elsewhere subdued. * Japan spending data weak. * BOJ widely expected to hike rates this month. * US PCE data for September due tonight, no payrolls report. By Stella Qiu.
Japan's Nikkei share average lost ground on Friday, pausing after a recent rally, as expectations of rising domestic interest rates weighed on sentiment.
WTI oil prices were poised for a weekly gain on Friday, supported by an expected Federal Reserve interest rate cut, escalating U.S.-Venezuela tensions and stalled peace talks in Moscow, though both oil benchmarks dipped from the previous day. Brent crude fell 14 cents, or 0.2%, to $63.12 per barrel by 0400 GMT.
Gold prices held steady on Friday, as
rising U.S. Treasury yields offset support from a weaker dollar,
while markets awaited U.S. inflation data later in the day for
clues into the Federal ...
Benchmark Japanese government bonds slid further on Friday, pushing yields to an 18-year high, as expectations firmed for rate hikes by the Bank of Japan. The 10-year JGB yield edged up 0.5 basis point to 1.94%, its highest level since July 2007.
The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week. Markets widely expect a quarter point reduction when the policy-setting Federal Open Market Committee meets on December 9-10, and a focus will be on any signals about how much additional easing lies ahead.
The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week. The dollar index, which measures the currency against six rivals, was flat at 99.065 early in Asia.
Syria's economy is growing much faster than the World Bank's 1% estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country's currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh said on Thursday.
BRAMPTON, ON, Dec. 4, 2025 MDA Space Ltd. (MDALF), announced today that it has priced a private placement offering and entered into an underwriting agreement to sell, pursuant to the Offering, C$250?million aggregate principal amount of 7.00% senior unsecured notes due 2030. The Notes will be issued at a price of C$1,000?per C$1,000 principal amount of Notes.
Mercado Libre announces the successful issuance of its 2033 senior unsecured notes for a total amount of USD 750 million. ?We are very pleased with the outcome of this transaction, which reinforces investor support for our strategy and reflects the strength of our business model, financials and cash flow generation.
AM Best has affirmed the Financial Strength Rating of A, the Long-Term Issuer Credit Rating of ?a+? and the Mexico National Scale Rating of ?aaa.MX? of Seguros Inbursa, S.A. Grupo Financiero Inbursa.
US equity indexes traded mixed on Thursday as a contrast in labor market data weighed on market expectations for next week's monetary policy easing, pushing government bond yields higher.
Wall Street's big three indices were little changed on Thursday, while the dollar and Treasury yields rose, after a surprisingly strong U.S. labor market indicator called into question how much lower the Fed will cut interest rates next year. More on that below. 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.
Wall Street's big three indices were little changed on Thursday, while the dollar and Treasury yields rose, after a surprisingly strong U.S. labor market indicator called into question how much lower the Fed will cut interest rates next year. More on that below. 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.
Kinross Gold Corporation (KGCRF) announced today that Moody?s Investors Service has upgraded the senior unsecured rating of Kinross to Baa2 from Baa3. In its announcement, Moody?s noted Kinross? scale and production profile, low financial leverage and conservative financial policies as key factors driving the upgrade.
Panelists at the Reuters NEXT conference in New York?sidestepped concerns about an artificial intelligence bubble, focusing instead on the transformative effects of AI and how it may upend work and job growth. Artificial intelligence represents the biggest technological upheaval to the world economy since the rise of the internet a quarter-century ago. The numbers are eye-popping.
US equities ended mixed on Thursday as markets digested the latest labor market data, while keeping bets for a Federal Reserve interest rate cut largely intact. The Nasdaq Composite rose 0.2% to 23,505.1, while the S&P 500 edged up 0.1% to 6,857.1 -- both advancing for a third consecutive day. Among sectors, health care and consumer staples saw the biggest drop, while industrials led the gainers.
Funds will be Awarded through FHLB Dallas? Disaster Rebuilding Assistance Program. Nearly 40 Gulf Coast homeowners will receive support to rebuild their homes thanks to a more than $500,000 disbursement* from the Federal Home Loan Bank of Dallas and Hancock Whitney Bank. This press release features multimedia.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Kansas City Life Insurance Company [OTCQX: KCLI]. At the same time, AM Best downgraded the FSR to B+ from B++ and the Long-Term ICR to ?bbb-? from ?bbb? of Grange Life Insurance Company.?The outlook of these Credit Ratings is negative.
US equity indexes were mixed Thursday as investors weighed jobs data amid a rise in most government bond yields. * Initial jobless claims last week dropped to 191,000 for the week, the lowest since September 2022, down from a revised 218,000 the previous week and below 220,000 expected in a Bloomberg survey.
Robust issuance this year has contributed to muni underperformance relative to other asset classes, but it also has "improved after-tax relative value for investors in higher tax brackets," said Sam Weitzman of Western Asset.
CHICAGO, Dec. 4, 2025 Ziegler is pleased to announce the successful closing of The United Methodist Retirement Homes $92,125,000 Series 2025A, 2025B and 2025C Bonds.
* Dollar index higher on day but rate cut bets weigh. * US weekly jobless claims at lowest level in more than three years. * Yen supported by rate hike expectations. * Bitcoin takes breather, slips 2% By Saqib Iqbal Ahmed.
* Fed expected to cut rates amid weak economic data. * US dollar index is set to snap nine-session losing streak. * Japanese stocks lead gains, Nikkei up 2% By Chibuike Oguh and Amanda Cooper. NEW YORK/LONDON, Dec 4 - Global shares and the dollar on Thursday were mostly higher as traders await a Fed interest rate cut, although Wall Street stocks were mostly flat after a batch of economic data.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?a+? from ?a? and affirmed the Financial Strength Rating of A and the Mexico National Scale Rating of ?aaa.MX? of Tokio Marine HCC Mexico Compa??a Afianzadora, S.A. de C.V.. AM Best has revised the outlooks to stable from negative for the Long-Term ICR and FSR.
Race and sex-based preferences were removed from the state's Historically Underutilized Business program, which will focus exclusively on veteran-owned firms.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb+? of Nazareth Mutual Insurance Company.
Royal Bank of Canada (RY) shares were up about 2.7% in recent Thursday trading after TD Cowen upgraded the stock to buy from hold. Trading volume stood at more than 753,000 shares, compared with a daily average of nearly 1.1 million. Price: 160.98, Change: +4.30, Percent Change: +2.74. MT Newswires does not provide investment advice.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of El Aguila, Compa?ia de Seguros, S.A. de C.V.. The outlook of these Credit Ratings is stable.
Gold edged higher midafternoon on Thursday as treasury yields rose ahead of key U.S. inflation data coming Friday and next week's interest-rate decision from the Federal Reserve. Gold for February delivery was last seen up US$8.80 to US$4,241.30 per ounce.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.5% and the Financial Select Sector SPDR Fund up 0.3%. The Philadelphia Housing Index was declining 0.9%, and the Real Estate Select Sector SPDR Fund was increasing 0.1%. Bitcoin was shedding 1.1% to $92,088, and the yield for 10-year US Treasuries was rising 4.6 basis points to 4.10%. In econom...
Dozens of lawmakers are bailing out of Congress before the midterm elections adding new wrinkles to the fading possibility of a second budget reconciliation which could require revenue raisers detrimental to the muni market.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.5% and the Financial Select Sector SPDR Fund up 0.2%. The Philadelphia Housing Index was declining 0.9%, and the Real Estate Select Sector SPDR Fund was increasing 0.1%. Bitcoin was shedding 1.2% to $92,323, and the yield for 10-year US Treasuries was rising 4 basis points to 4.10%. In corporat...
Brazil's trade surplus fell 13.4% in November from the same month last year, official data showed on Thursday, landing almost in line with economists' estimates. Latin America's largest economy posted a $5.8 billion trade surplus for November, compared to the $5.7 billion expected by economists polled by Reuters.
The US housing market is expected to benefit from improved affordability in 2026 amid pent-up demand, Zillow (ZG) said Thursday. The online real estate marketplace is looking at a 4.3% increase in existing home sales in 2026 to 4.26 million units from this year's projected total. Pent-up housing demand is expected following years of limited inventory and elevated mortgage rates, according to Zillow.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the pooled members of Selective Insurance Group (SIGI). The ratings reflect Selective?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Continental Reinsurance Plc, a wholly owned subsidiary of Continental Reinsurance Holdings Limited, the operating holding company of the Continental Re group.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Vietnam National Scale Rating of aaa.VN of Bao Minh Insurance Corporation. These ratings reflect BMI?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
German Bunds followed the global trend lower on Thursday, even after retail-sales figures suggested a soft start to household spending in Q4, said Daiwa Capital Markets. Friday will bring an updated estimate of eurozone gross domestic product growth in Q3.
US stock indexes were mixed in late-morning trading Thursday, as a run of recently released jobs data has raised investors' confidence that the Federal Reserve will cut interest rates at its December meeting.
* Indexes: Dow fell 0.14%, S&P 500 down 0.07%, Nasdaq down 0.01% * Hormel Foods (HRL) rises after annual profit forecast above estimates. * Salesforce climbs as FY26 outlook gets boost. * Investors assess a series of labor market data. By Johann M Cherian and Pranav Kashyap.
The European stock markets closed higher in Thursday trading as the Stoxx Europe rose 0.51%, Germany's DAX gained 0.85%, the FTSE 100 increased 0.19%, France's CAC advanced 0.43%, and the Swiss Market Index was up 0.27%. The HCOB Eurozone Construction PMI Total Activity Index, which tracks monthly changes in industry activity, rose to 45.4 in November, from 44.0 in October.
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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