(Reuters) – Traders of short-term interest-rate futures continue to bet the Federal Reserve will next cut its policy rate in June after a government report showed the U.S. unemployment rate was 4% last month. Traders also continue to see a second rate cut by the end of 2025 as more likely than not. (Reporting by …
Traders see Fed cutting rates in June after jobs data Read More »
(Reuters) -Most brokerages continue to expect a slower pace of interest rate cuts from the U.S. Federal Reserve in 2025 ahead of a non-farm payrolls (NFP) report due today amid uncertainty from President Donald Trump’s tariff policy. President Trump’s tariff policy is expected to drive up inflation and will increase pressure on the U.S. central …
Factbox-Brokerages stick to slower pace of Fed rate cut forecasts ahead of payrolls data Read More »
By Cassandra Garrison MEXICO CITY (Reuters) – Mexican avocado growers will ship about 110,000 metric tons of the “green gold” fruit to the United States ahead of Sunday’s Super Bowl, as threatened U.S. tariffs that could have derailed exports were paused before taking effect. The Mexican avocado packers and exporters association APEAM said the figure …
Mexican avocado exports steady ahead of Super Bowl despite US tariff tension Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with caution ahead of January’s employment report to keep a lid on stocks into Friday’s open – with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year. Much like …
Morning Bid: Cloudy Amazon, payrolls and a flatter curve Read More »
(Reuters) – U.S. President Donald Trump has tasked Vice President JD Vance and national security adviser Michael Waltz with overseeing a potential sale of TikTok, Punchbowl News reported on Friday. (Reporting by Mrinmay Dey in Bengaluru; Editing by Toby Chopra)
(Reuters) – U.S. equity funds witnessed their fourth weekly outflow in five weeks in the week to Feb. 5, driven by heightened geopolitical risks from President Donald Trump’s new trade tariffs on China and investor wariness over weaker-than-expected earnings from key technology companies. Investors divested U.S. equity funds worth a net $10.71 billion in their …
US equity funds see sharp outflows in the week to Feb 5 Read More »
TAIPEI (Reuters) – Taiwan’s exports rose more than expected in January thanks both to artificial intelligence demand and companies getting in orders before Donald Trump assumed office as U.S. president and began levying trade tariffs. Exports rose 4.4% from the same month a year ago to $38.71 billion, the finance ministry said on Friday, beating …
Trump tariff effect boosts Taiwan’s January exports Read More »
By James Davey, Sarah Young and Andy Bruce SOUTHAMPTON, England (Reuters) – Deb Taylor emerged empty-handed from her branch of budget fashion retailer Primark in Southampton, southern England, complaining that “even the cheap stuff’s not cheap anymore”. The 63-year-old cleaner was echoed by Antonia Alden, a stay-at-home mum of three who was on a rare …
Analysis-Britain’s struggling low-income shoppers challenge growth agenda Read More »
(Reuters) – U.S. drugstore chain Walgreens Boots Alliance said on Thursday it has sold more shares in drug distributor Cencora for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora, trimming it down from 10% it previously held. It sold Cencora shares worth $1.1 billion in August. …
Walgreens sells more shares in Cencora; cuts stake to 6% Read More »
By Nandita Bose and Steve Holland WASHINGTON (Reuters) -President Donald Trump met U.S. Steel Chief Executive David Buritt at the White House on Thursday as the struggling steelmaker has been pushing for a decision on its long-sought takeover by Japan’s Nippon Steel. A $14.9 billion bid for U.S. Steel by Nippon Steel was blocked last …
Trump meets U.S. Steel CEO to discuss deal with Nippon Steel Read More »
