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RBNZ set for another 50 bps interest rate cut as economic slowdown deepens
The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by another 50 basis points (bps) from 4.25% to 3.75% when it announces its interest rate decision on Wednesday at 01:00 GMT.
Fxstreet
Tue, Feb 18
REFILE-US consumers rush to buy as Trump tariffs fuel stockpiling, report finds
Refiles to add media packaging code Feb 18 (Reuters) - One in five Americans have said they are purchasing more items than usual primarily due to concerns over President Donald Trump's tariffs, a CreditCards.com report showed on Tuesday, reflecting heightened consumer anxiety over potential p...Reuters
Tue, Feb 18
Fed policy should stay restrictive until there's more inflation progress: Daly
Daly says inflation's progress is bumpy, need to see more progessEconomic impact of Trump policies depends on as-yet unknown details, Daly saysUncertainty calls for careful policymaking, Daly saysAdds comments in paragraphs 5-6 and 11, background starting in paragraph 4 Feb 18 (Reuters) - San...Reuters
Tue, Feb 18
TREASURIES-Yields supported by NY state data in subdued trade
Updates prices for late morning trade, adds San Francisco Fed comment in paragraph 7By Alden Bentley NEW YORK, Feb 18 (Reuters) - U.S. Treasury yields crept higher on Tuesday as investors returned from a holiday weekend, digesting last week's market swings and another piece of data showing gr...Reuters
Tue, Feb 18
Canadian home sales fall on uncertainty about US tariffs, says CREA
Rewrites with details from statement in paragraphs 1-3, 5, adds background paragraph 4 OTTAWA, Feb 18 (Reuters) - Canadian home sales weakened in the last week of January on uncertainty caused by the possibility of U.S. tariffs, the Canadian Real Estate Association said on Tuesday. The industr...Reuters
Tue, Feb 18
Euro zone borrowing costs rise as investors see more defence spending ahead
Updates pricesBy Alun John LONDON, Feb 18 (Reuters) - Longer-dated euro zone yields rose to two-week highs on Tuesday, extending the increases of the previous day when investors sold bonds on expectations that European governments would ramp up issuance to fund bigger defence spending. Germany...Reuters
Tue, Feb 18
US insurance composite holds steady amid declines in reinsurers and standard commercial insurers last week
By Carlos PallordetFeb 17 - (The Insurer) - The North American insurance composite compiled by investment banks Stonybrook Capital and Weild & Co edged up 0.2% in the week to Friday, lagging behind major Wall Street benchmarks which rebounded from a two-week decline.The S&P 500 rose 1.5% in ...Reuters
Tue, Feb 18
Fed's Daly: policy must stay restrictive until there is more inflation progress
Feb 18 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Tuesday said that while there's no reason to be discouraged about the bumpy and sometimes imperceptible progress toward 2% inflation, the U.S. central bank should keep short-term borrowing costs where they are until the...Reuters
Tue, Feb 18
BRIEF-Canada Government To Issue Its Third Canadian-Dollar-Denominated Green Bond This Week -Statement
Feb 18 (Reuters) - CANADA GOVERNMENT TO ISSUE ITS THIRD CANADIAN-DOLLAR-DENOMINATED GREEN BOND THIS WEEK -STATEMENTSource text: https://www.canada.ca/en/department-finance/news/2025/02/canada-to-issue-third-green-bond.htmlReuters
Tue, Feb 18
TREASURIES-Yields supported by NY state data in subdued trade
By Alden BentleyNEW YORK, Feb 18 (Reuters) - U.S. Treasury yields crept higher on Tuesday as investors returned from a holiday weekend, digesting last week's market swings and another piece of data showing growth remains strong enough to complicate the Federal Reserve's easing path.The yield...Reuters
Tue, Feb 18
US homebuilder sentiment drops to five-month low in February
WASHINGTON, Feb 18 (Reuters) - U.S. homebuilder sentiment tumbled to a five-month low in February amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs. The National Association of Home Builders/Wells Fargo Housing Market Index plunged five p...Reuters
Tue, Feb 18
Canadian home sales fell 3.3% in January from December, says CREA
OTTAWA, Feb 18 (Reuters) - Canadian home sales fell by 3.3% in January from December and were up 2.9% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Tuesday.The industry group's Home Price Index was almost unchanged from December and showed little change from...Reuters
Tue, Feb 18
