Reuters US Economy

SHANGHAI/SINGAPORE (Reuters) – China’s securities watchdog is asking brokerages to restrict leverage available to hedge funds that borrow large sums of money via a complex derivative business to trade stocks, three sources told Reuters. Hedge funds using the so-called DMA-Swap strategy were told by their brokers late on Wednesday to start limiting leveraged bets, two …

Exclusive-China asks brokerages to curb leveraged stock trades – sources Read More »

By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund has hardened its view on how Argentina is running a $44 billion loan programme that has gone off track ahead of the country’s key presidential vote later in November, according to three sources with direct knowledge. The IMF’s board of executive directors met in …

Exclusive-Inside IMF, stance hardens on Argentina as $44 billion deal skids off track Read More »

By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s consumer prices swung lower in October, as key gauges of domestic demand pointed to weakness not seen since the pandemic, while factory-gate deflation deepened, casting doubts over the chances of a broad-based economic recovery. The consumer price index (CPI) dropped 0.2% in October from a year …

China’s consumer prices back in decline as recovery wobbles Read More »

By David Randall NEW YORK (Reuters) – Falling Treasury yields helped launch an explosive rebound in stocks and lifted U.S. government bonds from 16-year lows. Now some investors worry that further declines in yields could keep the Federal Reserve in a hawkish stance for longer, potentially hurting asset prices over the longer term. The paradox …

Analysis-Falling Treasury yields could turn Fed hawkish if financial conditions ease Read More »

A look at the day ahead in European and global markets from Ankur Banerjee An uneasy calm prevailed during Asian trade as investors digested a flurry of comments from central bank officials to look for signs of whether global interest rates have peaked, with Fed Chair Jerome Powell yet again to take centre stage. Powell …

Range-bound markets awaits Powell – again Read More »

By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday companies were becoming more active than before in raising prices and wages, signalling his conviction the country was making progress towards sustainably hitting the bank’s 2% inflation target. Whether wage hikes will broaden and firms begin to lift prices will …

BOJ’s Ueda sees firms more actively raising prices, wages Read More »

By Chuck Mikolajczak (Reuters) – U.S. stocks closed barely changed on Wednesday as investors weighed Federal Reserve officials’ recent comments for signals on the path of interest rates and focused on the direction of Treasury yields. U.S. Treasury yields have retreated sharply since the benchmark 10-year Treasury note topped 5% in late October, as comments …

Wall St ends flat as investors eye yields, Fed comments Read More »

By Michael S. Derby NEW YORK (Reuters) – New York Federal Reserve President John Williams said on Wednesday that the U.S. central bank had made great strides over recent decades in improving how it makes policy over the long run. Fed research analysis three decades ago was largely tactical and “very much about the here …

Fed’s Williams says US central bank’s policymaking now more strategic Read More »

By Matt Tracy (Reuters) – Rising borrowing costs made a slight dent in U.S. companies’ ability to make interest payments on their debt in the third quarter despite a boost in earnings, according to BofA Global Research. High-grade corporate borrowers’ average interest coverage ratio – how many times over a company’s income covers their interest …

US companies’ debt cushion smallest since Q1 2021 :BofA Read More »