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Canadians bought record amount of US shares in February
OTTAWA, April 17 (Reuters) - Although tensions between Canada and the United States are high, Canadians bought a record amount of American shares in February, as U.S. stock markets hit an all-time high, official data indicated on Thursday.Statistics Canada said Canadians snapped up C$29.8 billion in...Reuters
Thu, Apr 17
ECB cuts rates on weak growth, markets bet on more easing
Deposit rate cut to 2.25% from 2.50%Rates no longer seen as restrictiveLagarde stresses need for "agility"Trade turmoil to weigh on growth By Francesco Canepa and Balazs Koranyi FRANKFURT, April 17 (Reuters) - The European Central Bank cut interest rates for the seventh time in a year on ...Reuters
Thu, Apr 17
Philadelphia Fed names Anna Paulson of Chicago Fed as new chief
Philadelphia Fed names Anna Paulson as next presidentPaulson currently serves as Chicago Fed research chiefPaulson has extensive experience with financial market issuesBy Michael S. Derby NEW YORK, April 17 (Reuters) - Anna Paulson, currently head of research at the Chicago Fed, will become the n...Reuters
Thu, Apr 17
REFILE-TREASURIES-Yields move sideways ahead of long weekend
U.S. Treasury yields mixed amid market calmFed officials see no immediate rate change amid uncertaintyTrump criticizes Powell, calls for interest rate cutsJapan and China increase Treasury holdings in FebruaryBy Alden Bentley NEW YORK, April 17 (Reuters) - The yield on the benchmark U.S. Treasury...Reuters
Thu, Apr 17
Euro zone bond yields slide after ECB cuts rates and flags tariff risks
By Harry Robertson and Stefano Rebaudo April 17 (Reuters) - Euro zone bond yields fell sharply on Thursday as investors priced in more rate cuts from the European Central Bank, after it lowered borrowing costs and said U.S. President Donald Trump's tariffs would knock the euro zone economy.Ge...Reuters
Thu, Apr 17
Marsh McLennan shares trade down 5% despite reaffirmation of 2025 targets and earnings beat
By David BullApril 17 - Marsh McLennan CEO John Doyle told analysts on Thursday that the developing situation on tariffs and trade is not expected to have a real direct impact on the company’s business, adding that it is maintaining its financial targets for the year despite the potential for slowin...Reuters
Thu, Apr 17
Philadelphia Fed names Anna Paulson of Chicago Fed as new chief
NEW YORK, April 17 (Reuters) - Anna Paulson, currently head of research at the Chicago Fed, has been tapped to become the next leader of the Federal Reserve Bank of Philadelphia, the bank said Thursday. Paulson will take office on July 1, replacing Patrick Harker, who retires at the end of June. “Fo...Reuters
Thu, Apr 17
IMF reaches staff-level agreement set to unlock $441 mln for Tanzania
WASHINGTON, April 17 (Reuters) - The International Monetary Fund on Thursday said it had reached staff-level agreement with Tanzanian authorities that, once approved, would give the East African nation access to some $441 million in financing.The agreement was reached on a fifth review under its Ext...Reuters
Thu, Apr 17
Italy says to meet NATO spending goal this year by accounting changes
Italy defence spending among lowest in NATOEcon minister "acutely aware" of need for increaseTrump pushing allies to lift military budget to 5% of GDPTariff policy, delays in EU fund spending hit growth outlookBy Giuseppe Fonte and Gavin Jones ROME, April 17 (Reuters) - Italy will meet NA...Reuters
Thu, Apr 17
EUR/JPY falls back as ECB warns economic risks after easing monetary policy further
The EUR/JPY pair gives up its entire intraday gains and ticks lower to near 161.50 during North American trading hours on Thursday. The pair faces a sharp sell-off as the Euro (EUR) underperforms after the monetary policy announcement by the European Central Bank (ECB).
Fxstreet
Thu, Apr 17
A tariff headache for major central banks
ECB cuts rates for a 7th time in a yearCanada holds rates, says tariffs could mean recessionTrade war complicates rate outlook By Yadarisa Shabong and Alun John LONDON, April 17 (Reuters) - U.S. President Donald Trump's tariffs have darkened the global economic backdrop, forcing big central b...Reuters
Thu, Apr 17
TEXT-Lagarde's statement after ECB policy meeting
April 17 (Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:Link to statement on ECB website: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250417~091c625e...Reuters
Thu, Apr 17
US single-family housing starts tumble to an eight-month low in March
WASHINGTON, April 17 (Reuters) - U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, dropped 14.2% ...Reuters
Thu, Apr 17
