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TREASURIES-US yields rise after jobs data tops expectations
Labor market report exceeds expectations, dampening Fed rate cut hopesUnemployment rate drops to 4.3%, nonfarm payrolls rise by 130,0002-yr yield poised for biggest daily gain since OctoberBy Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) - U.S. Treasury yields climbed on Wednesday, after a report ...Reuters
Wed, Feb 11
Singapore GDP: Upgraded growth outlook on AI momentum – UOB
UOB Global Economics & Markets Research reports that Singapore’s 4Q25 GDP was revised significantly higher, driven by stronger manufacturing, services and construction. This lifted full‑year 2025 growth and prompted the authorities to raise the official 2026 forecast range.Fxstreet
Wed, Feb 11
US January budget deficit falls to $95 billion as revenue gains outpace spending growth
WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth in outlays, the Treasury Department said on Wednesday.Adjusting for routine calendar shifts in bene...Reuters
Wed, Feb 11
Conflict-torn Congo closes in on debut international bond
Democratic Republic of Congo readying first-ever international bond Country is banking on benefits of metals boom Minister says US government's DFC arm to provide $530 million loan for key railway projectBy Karin Strohecker and Marc Jones LONDON, Feb 11 (Reuters) - The Democratic Republic of ...Reuters
Wed, Feb 11
Fed's interest rate pause bolstered by jobs data, but concerns linger
January jobs data supports Fed's decision to hold rates steadyTraders trim bets on rate cuts, still see June as likely next Fed moveFrozen job market in 2025 tied to lower immigration, rise in productivity growthBy Ann Saphir Feb 11 (Reuters) - Federal Reserve policymakers look likely to keep...Reuters
Wed, Feb 11
US 10-year yield rises after hot NFP’s hit Fed cut hopes
US Treasury yields rise across the curve with the US 10-year Treasury note rising nearly one and a half basis points at 4.155% following the release of a strong jobs report in the US, which trimmed investors’ expectations of further easing by the Federal Reserve.Fxstreet
Wed, Feb 11
WRAPUP 4-US job growth surges in January, but labor market far from turning around
Nonfarm payrolls increase 130,000 in JanuaryBenchmark revisions show 862,000 fewer jobs in the 12 months through March 2025Unemployment rate falls to 4.3% from 4.4% in DecemberBy Lucia Mutikani WASHINGTON, Feb 11 (Reuters) - U.S. job growth unexpectedly accelerated in January and the unemployment...Reuters
Wed, Feb 11
US firms confront widening income gulf as wealthy spend, budget shoppers struggle
Premium brands thrive as affluent consumers spend freelyValue-focused firms face spending pullback from budget shoppersK-shaped recovery highlights income disparity in US consumer spendingBy Shivansh Tiwary and Juveria Tabassum Feb 11 (Reuters) - America's consumer economy is pulling in oppos...Reuters
Wed, Feb 11
Schmid: January jobs number good news, undercuts concerns of labor market weakeness
WASHINGTON, Feb 11 (Reuters) - Unexpectedly strong job growth in January should undercut concerns about cyclical weakness in the job market, Kansas City Fed president Jeff Schmid said on Wednesday.The addition of 130,000 payroll jobs last month "was good news," said Schmid, who noted that he...Reuters
Wed, Feb 11
US judge acknowledges 'abusive workplace' after ex-clerk files complaint
By Nate Raymond Feb 10 (Reuters) - A federal judge has acknowledged that the environment in her court chambers for a time "resulted in an abusive workplace," and has agreed to take steps to improve its conditions following a judicial misconduct complaint by a former law clerk.Chief U.S. C...Reuters
Wed, Feb 11
RPT-US budget deficit to grow to $1.853 trillion in FY2026, CBO says
By David Lawder and Richard CowanWASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies are worsening the country's...Reuters
Wed, Feb 11
US crude stocks and gasoline inventories rise, distillate inventories fall, EIA
HOUSTON, Feb 11 - U.S. crude stocks and gasoline inventories rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories rose by 8.5 million barrels to 428.8 million barrels in the week ended February 6, the EIA said, compared with anal...Reuters
Wed, Feb 11
Lagarde lays out key reforms needed to boost EU resilience, source says
FRANKFURT, Feb 11 (Reuters) - European Central Bank President Christine Lagarde called on EU leaders on Wednesday to take urgent action in critical areas, including potentially divisive joint debt issuance, to make the bloc more resilient in turbulent times, a source told Reuters.Lagarde is hoping t...Reuters
Wed, Feb 11
