News
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PBOC Deputy Governor: Global bond investors remain confident in China’s bond market
The People’s Bank of China (PBOC) Deputy Governor said on Thursday that global bond investors remain confident in China’s bond market. The Chinese officials further stated that they are working on promoting Chinese onshore bonds to become qualified collateral in Hong Kong and global markets.Fxstreet
Thu, Sep 25
South Korea's Lee and Bessent discuss conditions for US tariff deal
SEOUL, Sept 25 (Reuters) - South Korean President Lee Jae Myung told U.S. Treasury Secretary Scott Bessent that trade talks with the United States should be "commercially rational" and meet the interests of both countries, the president's office said on Thursday.Lee spoke to Bessent at t...Reuters
Thu, Sep 25
Fed's Daly supports rate cuts, but warns rates can't fix policy issues
Federal Reserve (Fed) Bank San Francisco President Mary C. Daly noted on Wednesday that although she supports rate cuts, there is only so much that pressing interest rates down to neutral can accomplish on the stability front.Fxstreet
Wed, Sep 24
DoubleLine takes multi-pronged approach to US economy as official jobs data under scrutiny
DoubleLine takes ‘holistic’ approach to assess US economic healthAssessment includes BLS data, private data, earnings callsFirm says concerns over data accuracy could dent confidence in US economyBy Davide Barbuscia NEW YORK, Sept 24 (Reuters) - U.S. bond firm DoubleLine said on Wednesday it ...Reuters
Wed, Sep 24
US ready to support Argentina with $20 billion swap line, Bessent says
US also ready to buy government debt, Treasury chief says Bessent says markets looking backward, but this time is differentUS firms eyeing investments in Argentina under right conditions, Bessent saysArgentine assets up sharply this weekBy Susan Heavey and Andrea Shalal WASHINGTON, Sept 24 (Reute...Reuters
Wed, Sep 24
Moody's Ratings upgrades Costa Rica's ratings to Ba2; changes outlook to stable from positive
Sept 24 (Reuters) - Moody's:MOODY'S RATINGS UPGRADES COSTA RICA'S RATINGS TO BA2; CHANGES OUTLOOK TO STABLE FROM POSITIVEMOODY'S: UPGRADE REFLECTS VIEW THAT PROSPECTS FOR COSTA RICA'S FISCAL & DEBT METRICS HAVE IMPROVED MEANINGFULLYMOODY'S: STABLE OUTLOOK REFLECTS BALANCE...Reuters
Wed, Sep 24
Fed's Daly: Further rate cuts will likely be needed
Sept 24 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly said on Wednesday that she "fully supported" the decision by the Fed to cut its policy rate last week and that further reductions would likely be necessary."Growth, consumer spending, and the labor market had slow...Reuters
Wed, Sep 24
Fed's Goolsbee warns against series of rate cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee broke away from the overarching narrative of consecutive Fed rate cuts heading through the end of the year, widening the narrative gap between Fed incumbents and Donald Trump's newly-minted Fed plant Stephen Miran.Fxstreet
Wed, Sep 24
DoubleLine takes multi-pronged approach to US economy as official jobs data under scrutiny
DoubleLine takes ‘holistic’ approach to assess US economic healthAssessment includes BLS data, private data, earnings callsFirm says concerns over data accuracy could dent confidence in US economyBy Davide Barbuscia NEW YORK, Sept 24 (Reuters) - U.S. bond firm DoubleLine said on Wednesday it is u...Reuters
Wed, Sep 24
Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports
Sept 24 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains "mostly steady and solid" and warned against a series of interest rate cuts, the Financial Times reported on Thursday.Goolsbee told the newspaper he was "uncomfortable with ove...Reuters
Wed, Sep 24
BoE's Greene: The supply side needs more attention
During a speech at the Adam Smith Business School of the University of Glasgow, Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greenebroke away from "tradiitional" policy planning rhetoric, warning that global central banks need to pivot into a different perspective on managing s
Fxstreet
Wed, Sep 24
Mexico's inflation speeds up in early September
By Aida Pelaez-FernandezMEXICO CITY, Sept 24 (Reuters) - Mexico's headline inflation sped up in the first half of September, broadly in line with market expectations, heading closer to the upper limit of the central bank's target. Banxico, as the central bank is known, is expected to furth...Reuters
Wed, Sep 24
WRAPUP 1-US new home sales jump to more than 3-1/2-year high; economists dismiss rise as a fluke
New home sales jump 20.5% in August; July sales pace revised upNew housing inventory drops to eight-month lowMedian new house price increases 1.9% to $413,500By Lucia Mutikani WASHINGTON, Sept 24 (Reuters) - Sales of new U.S. single-family homes surged to the highest level in more than 3-1/2 year...Reuters
Wed, Sep 24
Euro zone bond yields edge down as German business confidence wanes
German business mood darkensBond and currency markets unmoved by Trump's rhetoric shift on UkraineFocused on prospect of further Fed easingBy Jaspreet Kalra Sept 24 (Reuters) - Euro zone bond yields eased on Wednesday after data showed German business sentiment unexpectedly declined in Septem...Reuters
Wed, Sep 24
Tariffs and conflict causing major volatility in shipping industry, says UN trade agency
By Olivia Le PoidevinGENEVA, Sept 24 (Reuters) - The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to a report published on Wednesday by the U.N. Trade and Development agency.Due to an increasingly comp...Reuters
Wed, Sep 24
