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TREASURIES-US yields climb on trade talk optimism, solid data
Better-than-feared trade prospects weigh on bond demandJobs data, business survey point to resilient economyTrump to visit Fed later on Thursday amid ongoing tensions10-year TIPS auction meets good demandBy Davide Barbuscia NEW YORK, July 24 (Reuters) - U.S. Treasury prices declined on Thursday a...Reuters
Thu, Jul 24
WRAPUP 4-In earnings season, it's AI good, everything else, not so much
Alphabet, SK Hynix, Infosys offer upbeat guidanceRosy forecasts come against backdrop of tariff uncertaintyGovernments scramble for tariff deals ahead of August 1 deadlineHyundai Motor expects tariffs to take bigger toll in Q3Markets bolstered by strong tech results July 24 (Reuters) - Businesses...Reuters
Thu, Jul 24
Sources suggest ECB policymakers lean toward rate hold as tariff risks cloud outlook
Sources revealed that European Central Bank (ECB) policymakers expect to keep rates unchanged, unless they see a deterioration in growth and inflation resumes its downward path, as two sources told Reuters.Fxstreet
Thu, Jul 24
WRAPUP 2-US labor market steady, jobless claims at three-month low
Weekly jobless claims fall 4,000 to 217,000Continuing claims increase 4,000 to 1.955 millionBusiness activity gains in July; inflation pressures riseNew home sales increase moderately in JuneBy Lucia Mutikani WASHINGTON, July 24 (Reuters) - The number of Americans filing new applications for jobl...Reuters
Thu, Jul 24
Inflation Target Achieved, Rate Hikes Back on the Table? ECB Pauses Rate Cuts in July, Unfazed by Euro Strength
TradingKey - After eight consecutive rate cuts, the European Central Bank (ECB) has hit the pause button on its easing cycle — marking a potential turning point, as inflation reaches target and the eurozone economy shows resilience, despite ongoing U.S.-EU trade tensions.TradingKey
Thu, Jul 24
Mexico inflation fall in early July reignites rate cut expectations
By Aida Pelaez-Fernandez MEXICO CITY, July 24 (Reuters) - Mexico's headline inflation slowed in the first half of July, falling back within the central bank's target range and fueling expectations that the bank will continue to cut interest rates in Latin America's second-largest econ...Reuters
Thu, Jul 24
UK autumn budget to test Reeves' fiscal resolve – Standard Chartered
Limited options ahead of UK’s autumn budget given tight borrowing headroom and political pressures. Government likely wants to wait for accurate OBR estimates as well as economic and political developments before committing to fiscal plans.Fxstreet
Thu, Jul 24
TREASURIES-US yields climb on trade talk optimism, solid economic data
Better-than-feared trade prospects weigh on bond demandJobs data, business survey point to resilient economyTrump to visit Fed later on Thursday amid ongoing tensions10-year TIPS auction on deckBy Davide Barbuscia NEW YORK, July 24 (Reuters) - U.S. Treasury prices declined on Thursday as a trade ...Reuters
Thu, Jul 24
US new home sales below expectations in June; housing supply rises
WASHINGTON, July 24 (Reuters) - Sales of new U.S. single-family homes increased less than expected in June amid higher mortgage rates, pushing inventory to levels last seen in late 2007, which could keep homebuilding subdued. New home sale units rose 0.6% to a seasonally adjusted annualized rate of...Reuters
Thu, Jul 24
Canada's retail sales shrink as tariffs bite, June expected to improve
Retail sales shrank by 1.1% in May, led by automobiles, foodSales excluding autos in May were down 0.2%, StatsCan addsEarly estimate shows retail sales likely grew 1.6% in JuneBy Promit MukherjeeOTTAWA, July 24 (Reuters) - Canada's retail sales shrank by 1.1% in May as consumers curtailed car pu...Reuters
Thu, Jul 24
EU-China ties at 'inflection point', von der Leyen says after tense Beijing summit
Xi warns EU leaders to 'make correct strategic choices'Von der Leyen says ties at 'inflection point'European Union, China issue joint climate statementEU calls on China to pressure Russia to end Ukraine warSummit halved to a single day amid tensionBy Laurie Chen, Liz Lee and Xiuhao C...Reuters
Thu, Jul 24
TikTok must exit China control and US to control algorithm, Commerce Secretary Lutnick says
July 24 (Reuters) - U.S. Commerce Secretary Howard Lutnick told CNBC on Thursday that TikTok must be taken out of Chinese control and that Washington should oversee the social media platform's algorithm.Reuters
Thu, Jul 24
RPT-US business activity rises; tariffs fuel inflation concerns
S&P Global's Composite PMI rises to 54.6, highest since DecemberManufacturing PMI contracts, services PMI surgesBy Lucia Mutikani WASHINGTON, July 24 (Reuters) - U.S. business activity picked up in July, but companies asked higher prices for goods and services, supporting economists' ...Reuters
Thu, Jul 24
US business activity rises; tariffs fuel inflation concerns
S&P Global's Composite PMI rises to 54.6, highest since DecemberManufacturing PMI contracts, services PMI surgesBy Lucia Mutikani WASHINGTON, July 24 (Reuters) - U.S. business activity picked up in July, but companies asked higher prices for goods and services, supporting economists' ...Reuters
Thu, Jul 24
