New contracts span global monetary policy decisions and U.S. natural gas storage reports Intercontinental Exchange, Inc. (ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports.
* Bullion on track for a fourth consecutive monthly loss. * Iran, US agree to halt attacks and renew talks. * US ADP employment report and NFP data due this week. By Sumit Saha. Gold fell on Monday as recent hostilities in the Middle East fueled inflation concerns and added to expectations of U.S. Federal Reserve rate hikes.
Canada's economy might have "rebounded modestly" in the monthly gross domestic product release for April due out on Tuesday as the week's key data point, BMO Capital Markets said in a note. "After successive quarterly declines, the economy likely rebounded slightly in Q2," Senior Economist Sal Guatieri said in the note.
The Federal Home Loan Bank of Chicago today opened applications for its 2026 Community First? Developer Program, a grant initiative that helps organizations train and develop the next generation of affordable housing professionals across Illinois and Wisconsin. This press release features multimedia.
The U.S. economy and the U.S. stock market are starting to go their own ways. An eventful June featuring the launch of the record-busting SpaceX IPO and Federal Reserve chief Kevin Warsh's first meeting has been full of contradictions. U.S. economic data has been solid, led by continued job gains and?strong consumer spending, while sentiment is ticking up.
* US Supreme Court expected to rule on whether Fed Governor Cook keeps her board seat. * Legal case is key to future presidential influence over Fed. * Warsh to join ECB, BOE and Bank of Canada leaders at conference in Portugal. By Howard Schneider.
Federal Reserve Chairman Kevin Warsh's early leadership of the U.S. central bank faces fresh tests this week, with an appearance before a high-profile economic conference in Portugal and the U.S. Supreme Court's expected ruling on the legality of President Donald Trump's effort to fire a Fed policymaker.
US equity investors will focus this week on the performance of Big-Tech shares amid nonfarm payrolls, Federal Reserve Chair Kevin Warsh's speech, and crude oil prices.
* MSCI EM equities headed for strongest quarter since 2009. * Bolivia will adopt a flexible exchange-rate system. * Hungary's 2026 deficit may top 7% of GDP, prime minister says. * Serbian assets in focus after Vucic offers early elections. By Ragini Mathur.
* Bullion on track for a fourth consecutive monthly loss. * Iran, US agree to halt attacks and renew talks. * US ADP employment report and NFP data due this week. By Sumit Saha. Gold fell on Monday as recent hostilities in the Gulf fueled inflation concerns that added to U.S. Federal Reserve rate-hike expectations, pressuring the non-yielding metal.
A wild first half of the year is almost over, with focus shifting to how central banks, especially the Federal Reserve, steer markets in the months ahead. The new Fed chief attends the European Central Bank's Sintra conference, while U.S. jobs numbers, euro zone inflation readings, British politics and tech are in focus.
* Dollar index on track for 2.5% jump in June. * Middle East tensions, US jobs data in focus. * Markets await ECB forum for policy signals. By Jiaxing Li. The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week.
Japanese government bond yields rose on Monday as concerns over inflation intensified after local media reported the government may push the Bank of Japan to align its decisions with Prime Minister Sanae Takaichi's pro-growth economic agenda. Here are a few details: * The benchmark 10-year JGB yield rose 5 basis points to 2.645%. Yields move inversely to bond prices.
* Iran, U.S. agree to halt attacks and renew talks, Axios reports. * Iran launched strikes on U.S. military sites in Bahrain, Kuwait. * U.S. ADP employment and NFP data due this week. By Pablo Sinha. Gold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.
* Dollar at one-year highs, keeps yen near intervention zone. * Oil prices rise on peace deal uncertainty. * U.S. rate-hike odds keep dollar supported. * Tech valuation worries linger. By Ankur Banerjee.
China's central bank on Monday debuted overnight reverse repo operations, offering 300 billion yuan to financial institutions, according to an online statement. The People's Bank of China did not announce the borrowing cost for the overnight reverse repos. The PBOC also said it injected 157.5 billion yuan through seven-day reverse repos, with the rate unchanged at 1.4%, it said in the statement.
Gold prices slipped on Monday as renewed
U.S.-Iran hostilities pushed oil prices higher, while
expectations of U.S. Federal Reserve interest rate hikes further
weighed on the metal.
Sovereign wealth funds and central banks managing $29 trillion in assets are turning to energy assets, and raising concerns about the dollar, in a portfolio reassessment driven by unprecedented geopolitical shifts, according to an Invesco survey published on Monday.
* 61% of central banks say US debt hurts the dollar's long-term reserve role, Invesco found. * One-third plan to increase gold holdings as part of diversification, the survey found. * Some reviewing reliance on U.S.-based custodians, counterparties and clearing infrastructure. By Libby George.
* Payrolls data for June due on Thursday. * Swings in tech, semiconductor shares keep investors on edge. * Rate-hike bets in focus following hawkish Fed meeting. By Lewis Krauskopf.
Federal Reserve Chairman Kevin Warsh's early leadership of the U.S. central bank faces fresh tests this week, with an appearance before a high-profile economic conference in Portugal and the U.S. Supreme Court's expected ruling on the legality of President Donald Trump's effort to fire a Fed policymaker.
* US Supreme Court expected to rule on whether Fed Governor Cook keeps her board seat. * Legal case is key to future presidential influence over Fed. * Warsh to join ECB, BOE and Bank of Canada leaders at conference in Portugal. By Howard Schneider.
Strategic petroleum releases helped avert a sharper rise in oil prices as a result of the war in the Middle East, but the global economy faces significant downside risks if a fragile ceasefire between the U.S. and Iran doesn't hold, IMF chief economist Pierre-Olivier Gourinchas said on Friday.
June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's resilience supported solid fiscal revenue collection. The ratings agency said it expected the U.S. economy to grow at around 2% over 2026 to 2029, adding that despite heightened political polarization, strong institutions and the system of checks and balances will continue to anchor policy outcomes.
June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's resilience supported solid fiscal revenue collection. The ratings agency said it expected the U.S. economy to grow at around 2% over 2026 to 2029, adding that despite heightened political polarization, strong institutions and the system of checks and balances will continue to anchor policy outcomes.
The muni market is closing out the month of June with the curve "more or less static" to where it was at the end of May, Kim Olsan wrote for NewSquare Capital.
The Toronto Stock Exchange rose on Friday as investors assessed easing geopolitical tensions in the Middle East and fresh economic data that reinforced expectations for a potential Bank of Canada interest-rate cut. The S&P/TSX Composite Index closed up 129.79 points, or 0.37%, to 34,980.00, with sectors closing mixed.
WASHINGTON, June 26, 2026 Fannie Mae's?May 2026 Monthly Summary is now available. View original content to download multimedia:https://www.prnewswire.com/news-releases/fannie-mae-releases-may-2026-monthly-summary-302811441.html. SOURCE Fannie Mae.
Financial stocks were slightly higher in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.1%. The Philadelphia Housing Index was falling 0.3%, and the State Street Real Estate Select Sector SPDR ETF climbed 1.1%. Bitcoin was increasing 1% to $59,823, and the yield for 10-year US Treasuries was shedding 1.8 basis poi...
Financial stocks were slightly higher in late Friday afternoon trading, with the NYSE Financial Index increasing 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.2%. The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF climbed 1.2%. Bitcoin was increasing 0.2% to $59,849, and the yield for 10-year US Treasuries was shedding ...
* Dollar eases but on pace for strong June. * Yen remains at levels primed for intervention. * Consumer sentiment gauge increases but below estimate. The dollar fell for a second straight session on Friday as recent economic data and a drop in oil prices slightly cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention.
Canada's Consumer Price Index in May rose 0.95% in non-seasonally adjusted terms, following a 0.36% increase in April, and above consensus expectations of a 0.8% increase, National Bank's weekly economic monitor reports. In seasonally adjusted terms, prices edged up 0.48% in May after advancing 0.36% in April. April's GDP data will be released next Tuesday.
Financial stocks were higher in Friday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF adding 0.4%. The Philadelphia Housing Index was down 0.1%, and the State Street Real Estate Select Sector SPDR ETF climbed 1%. Bitcoin was increasing 0.6% to $59,900, and the yield for 10-year US Treasuries was shedding 1.6 basis points to...
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index increasing 0.3% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index was up 0.3%, and the State Street Real Estate Select Sector SPDR ETF climbed 1%. Bitcoin was increasing 0.8% to $60,083, and the yield for 10-year US Treasuries was shedding 1.7 basis points t...
US consumer sentiment increased in June amid moderating gasoline prices, while inflation expectations eased, a survey by the University of Michigan showed Friday. The main sentiment index jumped nearly 11% sequentially to 49.5 this month. The improvement in sentiment came as gas prices moderated, according to Surveys of Consumers Director Joanne Hsu.
Global trade flows and relationships are shifting after U.S. President Donald Trump imposed unilateral tariffs on most countries, but the U.S. dollar continues to anchor international trade, banking and central bank reserves, the International Monetary Fund's chief economist said on Friday.
Global trade flows and relationships are shifting after U.S. President Donald Trump imposed unilateral tariffs on most countries, but the U.S. dollar continues to anchor international trade, banking and central bank reserves, the International Monetary Fund's chief economist said on Friday.
The International Monetary Fund's chief economist on Friday said Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance on monetary policy was "entirely appropriate," although central banks would always need to provide some long-term guidance for markets.
* IMF top economist OK with Fed's Warsh backing off from forward guidance. * Fed's move under Warsh sends a strong signal. * Have seen other central banks reducing guidance as well. By Andrea Shalal.
* Indexes up: Dow 0.08%, S&P 500 0.23%, Nasdaq 0.28% * OpenAI considering to hold off IPO until next year - report. * Philadelphia chips index set for worst week since March 2025. * Healthcare, Staples gain offset tech weakness. By Shashwat Chauhan and Joel Jose.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a+? of Royal Bank of Canada Insurance Company Ltd.. The outlook of these Credit Ratings is stable.
* Dollar eases but on pace for strong June. * Yen remains at levels primed for intervention. * Consumer sentiment gauge increases but below estimate. The dollar slipped for a second straight session on Friday as recent economic data and a drop in oil prices cooled expectations for Federal Reserve rate hikes, although the yen remained in territory that left it primed for an intervention.
The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.
The Federal Reserve is likely to maintain interest rates stable for the rest of the year, despite its recent hawkish monetary policy statement, as inflation looks set to ease, Morgan Stanley said Friday in a report.
OSCEOLA, Ark. Hybar's existing mill was commissioned nine months ago following a successful construction effort. Construction of the Expansion Mill will take approximately twenty-four months. Hybar has capitalized on its three direct modes of transportation, barge, rail, and truck, to reach customers throughout the United States.
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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