News
Important Only
Major brokerages expect no more BoE rate cuts in 2025 after September pause
By Joel Jose Sept 19 (Reuters) - Major brokerages including Goldman Sachs, Citigroup and J.P.Morgan expect no more interest rate cuts by the Bank of England this year after the British central bank kept its key rate on hold.The BoE's widely expected pause on Thursday followed its quarter-poi...Reuters
Fri, Sep 19
South African minister meets US representative in push for trade deal
JOHANNESBURG, Sept 19 (Reuters) - South African Trade Minister Parks Tau has met U.S. Trade Representative Jamieson Greer for talks, Tau's office said on Friday, as Africa's biggest economy tries to reach a deal to roll back steep U.S. tariffs.U.S. President Donald Trump imposed a 30% tariff...Reuters
Fri, Sep 19
China expected to leave benchmark lending rates unchanged despite Fed easing
SHANGHAI, Sept 19 (Reuters) - China is expected to leave benchmark lending rates unchanged for the fourth month in a row next Monday, a Reuters survey showed, after the central bank kept a key policy rate steady following the U.S. Federal Reserve's rate cut.Despite a string of recent data sugges...Reuters
Fri, Sep 19
South African minister meets USTR Greer for trade talks
JOHANNESBURG, Sept 19 (Reuters) - South Africa's Trade Minister Parks Tau met U.S. Trade Representative Jamieson Greer for talks, Tau's office said on Friday, as Africa's biggest economy tries to agree a deal to roll back steep U.S. tariffs.U.S. President Donald Trump imposed a 30% tarif...Reuters
Fri, Sep 19
ANALYSIS-Global economy takes Trump shocks in stride, for now
Dour outlook in the spring turns into a shrugRisks abound but growth continuesLong-term adjustment to Trump policies still unknownBy Howard Schneider and Mark John WASHINGTON/LONDON Sept 19 (Reuters) - Threats to the global economic order have come at a furious pace during President Donald Trump&...Reuters
Fri, Sep 19
NZD/USD remains below 0.5900 following New Zealand’s Trade Balance data
NZD/USD loses ground for the third consecutive day, trading around 0.5880 during the Asian hours on Friday. The New Zealand Dollar (NZD) remains subdued against the US Dollar (USD) following the domestic trade balance data.
Fxstreet
Fri, Sep 19
Japan's core inflation slows in August, stays above BOJ target
Aug core CPI rises 2.7% yr/yr, matches forecastIndex excluding fresh food, fuel up 3.3% yr/yr in AugustData among factors BOJ will scrutinise at meeting ending FridayBy Leika KiharaTOKYO, Sept 19 (Reuters) - Japan's core consumer prices rose 2.7% in the year to August, data showed on Friday, sta...Reuters
Fri, Sep 19
LIVESTOCK-Cattle futures higher, though traders uncertain about demand
By Heather Schlitz CHICAGO, Sept 18 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures rose on Thursday on a tight cattle supply, though industry experts expressed doubt over consumer demand for beef as concerns grew over the U.S. economic outlook.CME December live cattle LCZ2...Reuters
Thu, Sep 18
CORRECTED-Homebuilder Lennar Q3 revenue misses estimates
OverviewLennar Corp Q3 revenue falls 9% yr/yr, missing analyst expectations, per LSEG dataNet earnings per share drops to $2.29 from $4.26 last yearNew home orders rise 12% to 23,004 homesCo repurchased 4.1 mln shares for $507 mlnOutlookLennar expects Q4 new orders of 20,000 - 21,000 homesCompany an...Reuters
Thu, Sep 18
BOJ to keep interest rates steady as tariff, US slowdown risks loom
BOJ concludes 2-day meeting, decision expected 0300-0400 GMTShort-term policy rate seen steady at 0.5%Governor Ueda expected to hold news conference 0630GMTFocus on Ueda's views on tariff impact, US economyBy Leika Kihara TOKYO, Sept 19 (Reuters) - The Bank of Japan is expected to keep intere...Reuters
Thu, Sep 18
TREASURIES-US yields rise after data as Fed rate path assessed
Initial jobless claims stronger than expected, boosting yieldsPhilly Fed data rebounds from prior monthMarkets largely pricing in 25 basis point cut at Fed's October meetingBy Chuck Mikolajczak NEW YORK, Sept 18 (Reuters) - U.S. Treasury yields advanced on Thursday after a gauge of the labor ...Reuters
Thu, Sep 18
US Supreme Court to hear Trump's tariffs case on November 5
Lower courts said Trump exceeded powers with tariffs Trump cited longstanding trade deficit as an emergencyBy Andrew Chung Sept 18 (Reuters) - The U.S. Supreme Court on Thursday set a date of November 5 for arguments it will hear concerning the legality of Donald Trump's sweeping global tarif...Reuters
Thu, Sep 18
Miran's Fed dissent makes a splash, fails to sway the outcome
Miran did not convince any others to join in dissentAll other policymakers voted for a quarter-point cut Disagreement over rate path 'understandable, natural': PowellMiran to air his views on CNBC on FridayBy Ann SaphirSept 18 (Reuters) - If President Donald Trump hoped that putting a close ...Reuters
Thu, Sep 18
WRAPUP 2-US weekly jobless claims reverse prior surge, labor market still softening
Weekly jobless claims fall 33,000 to 231,000Decline in claims reverses prior week's surgeContinuing claims decrease 7,000 to 1.920 millionBy Lucia Mutikani WASHINGTON, Sept 18 (Reuters) - The number of Americans filing new applications for unemployment benefits fell last week, reversing the p...Reuters
Thu, Sep 18
US Supreme Court to hear Trump's tariffs case on November 5
Sept 18 (Reuters) - The U.S. Supreme Court on Thursday set the date for the oral arguments it will hear concerning the legality of Donald Trump's sweeping global tariffs for November 5 in a major test of one of the Republican president's boldest assertions of executive power that has been ce...Reuters
Thu, Sep 18
