News
Important Only
US junk bond spreads to widen more if recession fears persist
By Matt Tracy March 18 (Reuters) - The credit spread for junk bonds, the premium companies pay over risk-free Treasuries, recently widened to the most in six months and could rise further as investors worry about how a global trade war could hurt the U.S. economy, investors and analysts said ...Reuters
Tue, Mar 18
BOJ set to keep interest rates steady as Trump risks cloud outlook
BOJ concludes 2-day meeting, decision expected 0330-0430GMTBoard likely to keep short-term policy rate steady at 0.5%BOJ to maintain view Japan's economy recovering moderatelyGovernor Ueda to brief media 0630GMTMarkets focusing on Ueda's view on wages, Trump tariff riskBy Leika Kihara TOK...Reuters
Tue, Mar 18
Forex Today: The BoJ and the Fed are expected to keep rates unchanged
The Greenback remained under heavy pressure, retreating for the third day in a row and revisiting the area of multi-month troughs amid rising prudence ahead of the FOMC event on Wednesday, tariffs fears and geopolitical jitters.
Fxstreet
Tue, Mar 18
WRAPUP 2-US homebuilding, manufacturing surge; tariffs cast pall over recovery
Single-family housing starts increase 11.4% in FebruaryBuilding permits for single-family homes fall 0.2% Import prices rise 0.4%; January data revised higherFactory production soars 0.9% on motor vehicle outputBy Lucia Mutikani WASHINGTON, March 18 (Reuters) - U.S. single-family homebuilding reb...Reuters
Tue, Mar 18
FACTBOX-Widely used drugs on US imports list from Europe
March 18 (Reuters) - Widely used prescription medicines could get caught up in the Trump administration's tariff trade wars and EU retaliation. The following is a list of major prescription drugs whose ingredients or components are imported into the United States from the European Union, based o...Reuters
Tue, Mar 18
Italy's Meloni cautions EU on US trade war, won't send troops to Ukraine
Meloni urges EU to avoid retaliatory tariffs against U.SItaly seeks negotiated solutions to prevent economic slowdownMeloni opposes European troop deployment to UkraineBy Angelo Amante and Giuseppe Fonte ROME, March 18 (Reuters) - Italian Prime Minister Giorgia Meloni cautioned European partners ...Reuters
Tue, Mar 18
German parliament passes debt rule reform, half-trillion euro fund
BERLIN, March 18 (Reuters) - Germany's outgoing parliament on Tuesday passed a massive increase in government borrowing, including a sweeping change to the country's debt rules.Chancellor-in-waiting Friedrich Merz's conservatives and the centre-left Social Democrats, currently in talks t...Reuters
Tue, Mar 18
Canada's inflation jumps to eight-month high as sales tax break ends
Inflation in February was at 2.6% from 1.9% in JanuaryOn a month-on-month basis, inflation shot up to 1.1% Core inflation measures inch up to 2.9% in February Markets bet 62% chance of pause in April rate cutBy Promit Mukherjee OTTAWA, March 18 (Reuters) - Canada's annual inflation rate showe...Reuters
Tue, Mar 18
