News
Important Only
INSTANT VIEW-FOMC holds rates steady, but two dissenters wanted cuts
July 30 (Reuters) - The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank's governors, both appointees of President Donald Trump who agree with him t...Reuters
Wed, Jul 30
WRAPUP 6-Rebound in US economic growth in second quarter masks underlying slowing trend
Second-quarter GDP increases at 3.0% rateDecrease in imports drives rebound in growthConsumer spending rises at 1.4% paceMeasure of underlying growth increases at 1.2% rateBy Lucia Mutikani WASHINGTON, July 30 (Reuters) - U.S. economic growth rebounded more than expected in the second quarter, bu...Reuters
Wed, Jul 30
AUD/USD tumbles as Fed keeps rates in check, Powell on the spotlight
The AUD/USD plunges on Wednesday, extending its agony for fourth straight days after the Federal Reserve (Fed) decision to hold rates, thought not unanimously as two officials Waller and Bowman, who telegraphed their intentions before the blackout period, dissented and voted for a 25 bps rate cut.
Fxstreet
Wed, Jul 30
INSTANT VIEW-FOMC holds steady, but two dissenters wanted cuts
July 30 (Reuters) - The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank's governors, both appointees of President Donald Trump who agree with him t...Reuters
Wed, Jul 30
TREASURIES-US yields pare increase as Fed holds rates with two dissents
NEW YORK, July 30 (Reuters) - U.S. Treasury yields pared their increase on Wednesday after the Federal Reserve decided to hold interest rates steady at the end of a two-day policy meeting, but saw two dissenting votes by governors, the most in more than three decades. In standing pat for a fifth str...Reuters
Wed, Jul 30
Brazil's central government primary deficit rises in June, 12-month surplus within target
BRASILIA, July 30 (Reuters) - Brazil's central government posted a primary budget deficit of 44.296 billion reais ($7.92 billion) in June, Treasury data showed on Wednesday, up 8.6% in real terms from a year earlier.The increase stemmed from a 1.6% inflation-adjusted rise in government spending,...Reuters
Wed, Jul 30
Fed policy decision generates most governor dissents since 1993
Waller, Bowman wanted US central bank to cut ratesMost Fed policymakers remain cautious amid uncertainty about impact of tariffsTrump has repeatedly demanded that Fed cut rates immediately By Michael S. Derby July 30 (Reuters) - The Federal Reserve's decision to hold interest rates steady fol...Reuters
Wed, Jul 30
WRAPUP 3-Fed holds rates steady despite Trump's pressure, with two governors dissenting
US central bank leaves policy rate in 4.25%-4.50% rangeTwo Fed governors dissent on policy decisionTrump has repeatedly demanded that Fed cut ratesBy Howard Schneider WASHINGTON, July 30 (Reuters) - The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little i...Reuters
Wed, Jul 30
Trump says high interest rates are hurting people
July 30 (Reuters) - President Donald Trump said on Wednesday that the Federal Reserve should lower interest rates as keeping rates high is hurting people. "We're keeping the rates high, and it's hurting people from buying houses," he told reporters. "All because of the Fed."Reuters
Wed, Jul 30
Brazil's central government posts $7.9 billion primary deficit in June
BRASILIA, July 30 (Reuters) - Brazil's central government posted a primary budget deficit of 44.296 billion reais ($7.92 billion) in June, Treasury data showed on Wednesday.The 12-month surplus reached 15.3 billion reais, equivalent to 0.11% of gross domestic product, within the official target ...Reuters
Wed, Jul 30
US crude stockpiles surge on lower exports, products draw down, EIA says
Crude inventories rose by 7.7 mln bbls, exceeding expectationsCrude exports fall 1.2 mln bpd, narrowing Brent-WTI spreadGasoline stocks off 2.7 mln bbls, demand jumps to 9.2 mln bpdBy Liz Hampton and Georgina McCartney DENVER/HOUSTON, July 30 (Reuters) - U.S. crude oil inventories rose sharply la...Reuters
Wed, Jul 30
Euro zone yields nudge up as investors wait for Fed decision
Euro zone yields track Treasury yields higher Federal Reserve expected to leave US rates unchanged By Amanda Cooper and Alun John LONDON, July 30 (Reuters) - Euro zone government bond yields inched higher on Wednesday, tracking a rise in U.S. Treasury yields after data showed the U.S. economy reb...Reuters
Wed, Jul 30
UniCredit presence in Russia poses sanctions risk, Italy FinMin says
By Giuseppe Fonte ROME, July 30 (Reuters) - UniCredit's CRDI.MI investments in Russian sovereign bonds through its local unit expose the group to the risk of possible international sanctions, Economy Minister Giancarlo Giorgetti said on Wednesday.He added that the Italian government had acted...Reuters
Wed, Jul 30
TREASURIES-US yields up after refunding plan and as market awaits Fed signals
By Caroline Valetkevitch NEW YORK, July 30 (Reuters) - U.S. 10-year Treasury yields rose on Wednesday as investors digested details of a Treasury refunding plan and as economic data showed the U.S. economy rebounded in the second quarter but that the underlying trend was weak.Investors were also ...Reuters
Wed, Jul 30
US crude stocks and distillate inventories rise, gasoline inventories fall - EIA
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration said on Wednesday.Crude inventories rose by 7.7 million barrels to 426.7 million barrels last week, the EIA said, compared with analysts' expectatio...Reuters
Wed, Jul 30
Bank of Canada holds rates steady and says global trade war risk has eased
Bank of Canada keeps its policy rate unchanged at 2.75%Anticipates economy contracting by 1.5% in the second quarterRefrains from giving central economic forecastShares three scenarios of outcome of the tariff warBy Promit Mukherjee and David LjunggrenOTTAWA, July 30 (Reuters) - The Bank of Canada h...Reuters
Wed, Jul 30
