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TREASURIES-US yields retreat as markets focus on this week's data, Fed easing
Bond market still in wait-and-see mode on tax, spending billTreasury's Bessent sees lower rates because of tame inflationBessent says Fed made "gigantic" mistake in 2022Fed fund futures almost fully price in September rate cutQuarterly milestone for 10-year yield shows increaseBy Gertrud...Reuters
Mon, Jun 30
ECB’s Lagarde: The world ahead is more uncertain
ECB President Christine Lagarde argued at the ECB Forum on Central Banking that uncertainty is expected to continue being a significant aspect of the global economy, which will likely lead to more volatile inflation and necessitate a stronger response from the ECB to maintain prices near its target.
Fxstreet
Mon, Jun 30
Goldman Sachs reaches all-time high above $700 as banks expect lower capital buffers
Goldman Sachs (GS) stock led the Dow Jones Industrial Average (DJIA) on Monday, garnering a 2.3% advance and rising above $700 per share for the first time ever. GS stock reached an intraday all-time high of 714.86 before moving back to the region around $706.00 by the afternoon.Fxstreet
Mon, Jun 30
Fitch: LatAm insurers expected to withstand economic challenges from trade war and tariffs
By Mia MacGregorJune 30 - (The Insurer) - Latin American insurer ratings are poised to withstand potential secondary effects from slower economic growth due to the ongoing trade war and tariffs, according to Fitch Ratings.While Mexico will be most affected by U.S. policy changes, Fitch noted that ot...Reuters
Mon, Jun 30
Fed's Goolsbee sees no stagflation but 'definitely' things could get worse
June 30 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Monday said that with unemployment near 4% and inflation around 2.5% and falling, he sees no possibility that tariffs or another supply-side shock could in the near term cause actual 1970s-style stagflation, when the unemp...Reuters
Mon, Jun 30
Brazil creates fewer than expected formal jobs in May
BRASILIA, June 30 (Reuters) - Brazil's economy created a net 148,992 formal jobs in May, data from the Labor Ministry showed on Monday, below the expected by economists.The figure represents a 6.8% increase from the 139,557 net formal jobs created in the same month last year, adjusted data showe...Reuters
Mon, Jun 30
Trump says interest rate should be 1% or less
June 30 (Reuters) - President Donald Trump said on Monday that the United States' interest rate should be 1% or less, adding that Federal Reserve Chair Jerome Powell and members of the Federal Reserve Board of Governors have failed to do their jobs. "If they were doing their job properly, ou...Reuters
Mon, Jun 30
Fed's Bostic still eyes one rate cut this year
Fed's Bostic still down to cut rates once this yearBostic says tariff-driven inflation is comingBostic says still unclear how much tariffs will drive up pricesBy Michael S. Derby June 30 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic repeated on Monday that he still sees...Reuters
Mon, Jun 30
Trump administration eyes Fed vacancy in early 2026 to appoint Powell successor, Bessent says
June 30 (Reuters) - The Trump administration is considering using the next expected Federal Reserve Board of Governors vacancy in early 2026 for appointing a successor to central bank Chair Jerome Powell, Treasury Secretary Scott Bessent said on Monday."There's a seat opening up, a 14-year s...Reuters
Mon, Jun 30
TREASURIES-US yields modestly lower with focus on data, Fed easing this year
Bond market still in wait-and-see mode on tax, spending billTreasury's Bessent sees lower rates because of tame inflationBessent says Fed made "gigantic" mistake in 2022Fed fund futures almost fully price in September rate cutBy Gertrude Chavez-Dreyfuss NEW YORK, June 30 (Reuters) - U...Reuters
Mon, Jun 30
Fed's Bostic: Tariff infaltion impact is still coming for economy
By Michael S. DerbyJune 30 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Monday that the economy has yet to face the full impact of President Donald Trump’s trade tariffs. “I think there is actually more pricing to come, and it is more a question of time, of when and not ...Reuters
Mon, Jun 30
Euro zone yields steady after German inflation, fiscal plans in focus
By Stefano Rebaudo and Samuel Indyk June 30 (Reuters) - Euro zone government bond yields were steady on Monday as investors slightly increased bets on European Central Bank rate cuts after benign inflation data from Germany, while global debt sustainability concerns remained in focus.Inflation ea...Reuters
Mon, Jun 30
Fed's Bostic still eyes one rate cut this year
By Michael S. DerbyJune 30 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic reiterated Monday that he still sees the central bank cutting its interest rate target once this year, while noting the central bank has time to take in data before deciding to act. In terms of projecting...Reuters
Mon, Jun 30
Fed’s Bostic: Fed has time to wait and see
Atlanta Fed President Raphael Bostic acknowledged the persistent uncertainty around tariffs and their inflationary impact, highlighting at the same time the Federal Reserve’s ability to remain patient given the strength of the labour market.Fxstreet
Mon, Jun 30
Saudi wealth fund annual profit tumbles 60% as high rates, inflation bite
By Federico Maccioni and Hadeel Al Sayegh DUBAI, June 30 (Reuters) - Saudi Arabia's sovereign wealth fund's assets exceeded $1 trillion in 2024, but its net profit slumped 60% from a year earlier, it reported on Monday, hurt by high interest rates and inflation as well as impairments on s...Reuters
Mon, Jun 30
Australian home prices jump in June as interest rates fall, Cotality says
SYDNEY, July 1 (Reuters) - Australia's property prices jumped in June to another record high as rate cuts and expectations of more to come boosted buyer demand in the face of low housing supply, data showed on Tuesday. Figures from Cotality showed national home prices rose 0.6%to a new peak pr...Reuters
Mon, Jun 30
