By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda on Wednesday took in stride recent rises in bond yields, saying they were a natural reflection of market expectations of future interest rate hikes by the central bank. The remarks underscore the BOJ’s resolve to keep raising short-term interest rates, and to allow markets …
BOJ unfazed by rising bond yields, signals resolve to keep hiking rates Read More »
By Leika Kihara TOKYO (Reuters) – Japan’s annual wholesale inflation hit 4.0% in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a near-term interest rate hike by the central bank. Wholesale prices, which are a leading indicator of consumer inflation, extended their year-on-year rises …
Japan’s wholesale inflation hits 4%, keeps BOJ rate-hike bets alive Read More »
(Reuters) -Australia’s securities watchdog is suing the country’s largest pension fund for delays in processing claims tied to deceased members, following a similar lawsuit against another superannuation fund for customer service shortcomings. The Australian Securities and Investments Commission (ASIC) said on Wednesday it had filed Federal Court proceedings against AustralianSuper, alleging it failed to promptly …
Australia regulator takes largest pension fund to court over death benefit claims delay Read More »
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s government published a decree on Tuesday backing a new International Monetary Fund (IMF) program, the most concrete step yet towards sealing a new deal that could help the embattled country meet its debts and ease capital controls. The decree of necessity and urgency, formalized in the official …
Argentina pushes new IMF deal toward finish line with decree Read More »
By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index extended its recent declines on Tuesday, including losses for financial and consumer-related shares, as the implementation of U.S. tariffs grew more unpredictable and investors prepared for a slowdown in economic growth. The Toronto Stock Exchange’s S&P/TSX composite index ended down 132.51 points, or 0.5%, at …
TSX hits 4-month low as investors price in slower economic growth Read More »
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will remain range-bound over coming months as mounting concerns of an economic downturn dominate tariff-linked inflation fears, pushing bond strategists in a Reuters poll to broadly revise their yield forecasts lower from last month. Recent weakness in macro data coupled with President Donald Trump’s comment that …
(Reuters) -The British benchmark index on Tuesday closed at its lowest level in nearly two months, dragged by declines in travel and leisure stocks, and as fresh U.S. tariff threats sparked volatility across various markets. The blue-chip index FTSE 100 lost 1.2%, its sixth straight session of decline. It notched its lowest closing level since …
Tariff threats, travel stocks drag UK stocks lower Read More »
(Reuters) -U.S. net copper imports could rise by 50% to 100% in the coming months due to higher U.S. prices before the Trump administration’s planned tariffs, Goldman Sachs said in a note on Tuesday. The May 2025 U.S. copper price is currently trading at $756 per metric ton over the global benchmark London Metal Exchange …
Goldman Sachs anticipates surge in US copper net imports Read More »
MILAN (Reuters) – A gauge of euro zone equity volatility surged to a fresh seven-month high and European stocks fell further on Tuesday after the latest tariff news underscored concerns over growing trade tensions. Trump on Tuesday doubled his planned tariff on all steel and aluminum products from Canada, and threatened to “substantially increase” tariffs …
Euro zone equity volatility jumps to seven-month high on tariff jitters Read More »
NEW YORK (Reuters) – Index funds, the biggest participants in the commodities markets, last week sold a record amount of agricultural futures valued at over $7 billion and could double those sales amid recession fears and falling inflation expectations. Commodities markets research provider Peak Trading Research said on Tuesday the funds, the investment vehicles for …
