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TREASURIES-US yields fall on safe-haven demand as stocks drop
Wall Street indexes drop amid concerns over equity valuationsFed officials express concerns over easing due to sticky inflationFed funds futures show 45% probability of December rate cutBy Karen Brettell NEW YORK, Nov 18 (Reuters) - U.S. Treasury yields fell on Tuesday as falling stock markets bo...Reuters
Tue, Nov 18
What to Watch in the Day Ahead - Wednesday, November 19
Nvidia is expected to report record third-quarter earnings, which could decide the fate of Wall Street's AI trade as investors look to the chipmaker to dispel bubble worries hanging over hundreds of billions of dollars in data-center bets across the industry. More than three years after ChatGPT&...Reuters
Tue, Nov 18
Ireland's Donohoe resigns as finance minister and Eurogroup chief to join World Bank
Departure leaves big hole at centre of Irish coalitionWorld Bank says Donohoe to scale up development as chief knowledge officer Dubbed 'Prudent Paschal', Donohoe kept lid on budget demands Eurogroup exit comes shortly after re-election to roleBy Padraic Halpin and Graham Fahy DUBLIN, Nov...Reuters
Tue, Nov 18
Fed's Barkin looks forward to more economic clarity as data flow resumes
Barkin sees economy in 'unattractive' balance with inflation above targetFed policymakers divided on interest rate cutsUpcoming data could help clarify right direction for policyBy Howard Schneider WINCHESTER, Virginia, Nov 18 (Reuters) - Richmond Federal Reserve President Thomas Barkin s...Reuters
Tue, Nov 18
Barkin: High housing costs rooted in supply, low rates would only stoke demand
WINCHESTER, Va., Nov 18 (Reuters) - Lower mortgage rates would stoke demand for housing but not address underlying supply problems that are the main driver of current high home prices, Richmond Fed President Thomas Barkin said on Tuesday."If mortgage rates go down...you'll get a lot more peo...Reuters
Tue, Nov 18
Fed’s Barkin: Job growth is down, but labor supply is also slowing
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin spoke about the economic outlook at the Top of Virginia Economic Summit hosted by Shenandoah University on Tuesday. He claimed that the labor market seems balanced, but firms say labor is available, and recent layoffs warrant caution.Fxstreet
Tue, Nov 18
Fed's Barkin looks forward to more clarity on economy as data flow resumes
By Howard Schneider WINCHESTER, Virginia, Nov 18 (Reuters) - Richmond Federal Reserve President Thomas Barkin said on Tuesday he hopes coming data and ongoing community interviews will help clarify where the economy is heading, with U.S. central bank policymakers still facing tension between thei...Reuters
Tue, Nov 18
TREASURIES-US yields fall on safe-haven demand as stocks drop
Wall Street indexes drop amid concerns over equity valuationsFed officials express concerns over easing due to sticky inflationFed funds futures show 48% probability of December rate cutBy Karen Brettell NEW YORK, Nov 18 (Reuters) - U.S. Treasury yields fell on Tuesday as falling stock markets bo...Reuters
Tue, Nov 18
US factory orders rebound as expected in August
WASHINGTON, Nov 18 (Reuters) - New orders for U.S.-manufactured goods rebounded in August, though business spending on equipment was not as strong as initially thought.Factory orders increased 1.4% after an unrevised 1.3% decline in July, the Commerce Department's Census Bureau said on Tuesday. ...Reuters
Tue, Nov 18
Angola central bank cuts policy rate by another 50 basis points
Nov 18 (Reuters) - Angola's central bank cut its main interest rate AOINTR=ECI by 50 basis points to 18.5%, its website showed on Tuesday.The second consecutive 50-basis-point rate cut comes after inflation fell below the bank's year-end target in October, reaching 17.43% year on year AOCPIY...Reuters
Tue, Nov 18
US home builder sentiment subdued in November amid labor market worries
WASHINGTON, Nov 18 (Reuters) - U.S. homebuilder sentiment remained subdued in November as concerns about the labor market and household finances weighed on demand, contributing to a surge in the share of builders slashing prices to reduce new housing inventory.The National Association of Home Builde...Reuters
Tue, Nov 18
US jobless benefits rolls in mid-October were the highest since August, Labor Dept says
Nov 18 (Reuters) - The number of Americans receiving unemployment benefits stood at a two-month high in mid-October at the time when the Labor Department would have been conducting its survey of U.S. households for the monthly employment report that has been held up by the recently ended government ...Reuters
Tue, Nov 18
