News
Important Only
U.S. Treasury Auctions Face “Triple Weakness” in August — 30-Year Demand Echoes May’s Bond Market Nightmare
TradingKey - After lackluster auctions of 3-year and 10-year Treasuries earlier in the week, the 30-year bond auction on Thursday, August 7 also showed signs of weak demand — marking a troubling “three-peat” of soft results and reviving memories of May’s long-end bond market turmoil.TradingKey
Fri, Aug 8
PRESS DIGEST- New York Times business news - August 8
Aug 8 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump signed an executive order on Thursday to ease restrictions on including private equity, cryptocurrency,...Reuters
Fri, Aug 8
A 240-year-old Swiss watchmaker's race to beat Trump's tariff deadline
Watchmakers rush to ship high-end watches to USTrump imposes 39% tariff on Swiss importsSwiss watchmakers say they will raise prices or stop US salesBy Helen Reid LONDON/GENEVA, Aug 8 (Reuters) - As a U.S. tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship fi...Reuters
Fri, Aug 8
US Dollar Index holds positive ground above 98.00 on report Waller favored to Chiar Fed
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to around 98.15, snapping the two-day losing streak during the Asian trading hours on Friday.Fxstreet
Fri, Aug 8
Judge dismisses US consumer watchdog lawsuit against Experian
By Christian Martinez Aug 7 (Reuters) - A lawsuit filed by the Consumer Financial Protection Bureau against credit rating giant Experian EXPN.L over credit report accuracy was dismissed on Wednesday, according to a court filing.The lawsuit, filed by the agency in January under the Biden administ...Reuters
Fri, Aug 8
Japan’s Akazawa sees US to repay accumulated taxes later
Japanese trade envoy Ryosei Akazawa said on Friday that the United States (US) has agreed to correct a presidential order on tariffs and refund any excess duties collected in error. Akazawa added that there was no disagreement between the US and Japan over reciprocal tariffs.Fxstreet
Fri, Aug 8
Myanmar signs deal with Washington lobbyists to rebuild US relations
Lobbying contract worth $3 million a yearDeal signed the day junta nominally transferred powerLobby group has been under FBI investigationBy David Brunnstrom WASHINGTON, Aug 7 (Reuters) - A Washington lobbying firm has signed an agreement worth $3 million a year with Myanmar's Ministry of Inf...Reuters
Fri, Aug 8
