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TREASURIES-Yields rise as retail sales improve, stocks rebound
Retail sales improve in February, NY factory activity plummetsStock market rally reduces demand for safe haven US debtFed's Powell expected to remain cautious on rate cuts this weekBy Karen Brettell March 17 (Reuters) - Shorter-dated U.S. Treasury yields rose on Monday as a closely watche...Reuters
Mon, Mar 17
Generac rises as Guggenheim upgrades to "neutral"
** Shares of power equipment maker Generac Holdings GNRC.N gain 2.8% to $134.07** Guggenheim upgrades GNRC to "neutral" from "sell"** Says lower valuation and the potential for declining consensus estimates are likely to combine to keep the stock at current levels for the intermediat...Reuters
Mon, Mar 17
WRAPUP 2-US retail sales rise slightly as economic uncertainty mounts
Retail sales rise 0.2% in February; January sales revised lowerSharp decline in receipts at restaurants, bars points to softening discretionary spendingCore retail sales increase 1.0%; January core sales downgradedBy Lucia Mutikani WASHINGTON, March 17 (Reuters) - U.S. retail sales rebounded marg...Reuters
Mon, Mar 17
US natural gas pipeline completions boosted takeaway capacity, EIA says
March 17 (Reuters) - The U.S. Energy Information Administration said on Monday that natural gas pipeline projects completed in 2024 increased the country's liquefied natural gas (LNG) takeaway capacity by 17.8 billion cubic feet per day (bcfd).Takeaway capacity refers to the maximum amount of ga...Reuters
Mon, Mar 17
Euro zone yields drop before German vote on spending plans, Fed
By Stefano Rebaudo March 17 (Reuters) - Euro zone government bond yields dropped on Monday, one day ahead of a German parliament vote on the country's spending plans and at the start of a week packed with central bank policy meetings.Plans by Chancellor-in-waiting Friedrich Merz to unleash a ...Reuters
Mon, Mar 17
Consoles to power videogame market growth until 2027 on 'GTA VI', Switch boost
March 17 (Reuters) - Videogame consoles are likely to be the biggest growth driver in the market until 2027, research firm Newzoo said on Monday, citing strong expected sales for Take-Two's upcoming "Grand Theft Auto VI" and the next-generation Switch from Nintendo.WHY IT'S IMPORTANT...Reuters
Mon, Mar 17
UK's Reeves says financial regulators responding to her cull of red tape
Reeves pleased with financial regulators' growth actionsTreasury backs FCA and PRA recommendations for investor supportCBI head stresses need for correct employment rights approachGovernment has pledged to boost UK growth ratesBy William Schomberg LONDON, March 17 (Reuters) - British finance ...Reuters
Mon, Mar 17
Trump administration seeks delay in Nippon Steel case for merger talks, filing shows
March 17 (Reuters) - The Trump administration filed a motion to extend two deadlines in U.S. Steel X.N and Nippon Steel's 5401.T lawsuit against a U.S. national security panel to give the government more time to wrap up merger talks with the firms, a filing showed on Monday.The filing is the cle...Reuters
Mon, Mar 17
US business inventories increase in January
WASHINGTON, March 17 (Reuters) - U.S. business inventories rebounded in January as declining sales boosted stocks at wholesalers, which could see inventories contributing to economic growth in the first quarter. Inventories increased 0.3% after declining 0.2% in December, the Commerce Department&#...Reuters
Mon, Mar 17
US homebuilder sentiment drops to seven-month low in March
WASHINGTON, March 17 (Reuters) - U.S. homebuilder sentiment dropped to a seven-month low in March as tariffs on imported materials raised construction costs, a survey showed on Monday.The National Association of Home Builders/Wells Fargo Housing Market Index dropped three points to 39 this month, t...Reuters
Mon, Mar 17
Canadian home sales post biggest decline in nearly three years
By Fergal Smith TORONTO, March 17 (Reuters) - Canadian home sales dropped in February by the most in nearly three years as an uncertain outlook for the economy due to the onset of a trade war kept buyers on the sidelines, data from the Canadian Real Estate Association showed on Monday. Sales fell...Reuters
Mon, Mar 17
TREASURIES-Yield curve flattens as data paints mixed picture for US economy
Retail sales improve in February, NY factory activity plummetsLonger-dated yields fall in choppy tradingFed's Powell expected to remain cautious on rate cuts this weekBy Karen Brettell March 17 (Reuters) - Longer-dated U.S. Treasury yields slipped on Monday while shorter-dated ones rose on co...Reuters
Mon, Mar 17
Brazil January economic activity beats estimates ahead of rate decision
BRASILIA, March 17 (Reuters) - Brazil's economic activity grew more than expected in January, central bank data showed on Monday, ahead of a monetary policy meeting in which the strength of economic activity is expected to be a key factor in determining the bank's next steps.The IBC-Br index...Reuters
Mon, Mar 17
Canadian home sales fall 9.8% in February
TORONTO, March 17 (Reuters) - Canadian home sales fell 9.8% in February from January and were down 10.4% on an annual basis, data from the Canadian Real Estate Association showed on Monday.The industry group's Home Price Index edged down 0.8% on the month and was down 1% annually, while the nati...Reuters
Mon, Mar 17
INSTANT VIEW-Feb retail sales rise less than expected after Jan mark down
March 17 (Reuters) - U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a moderate pace as tariffs on imports and mass firings of federal government workers weigh on sentiment.Retail sales rose 0.2% last month after a revised 1.2% d...Reuters
Mon, Mar 17
Japan finance minister says G7 should work to enhance FX stability
TOKYO, March 17 (Reuters) - Japan Finance Minister Katsunobu Kato said on Monday he had told his counterparts from the Group of Seven economic powers that the group should work to enhance stability in financial markets, including foreign exchange.Kato, speaking to reporters after the finance ministe...Reuters
Mon, Mar 17
Canadian housing starts fall 4% in February
TORONTO, March 17 (Reuters) - Canadian housing starts fell 4% in February compared with the previous month, data from the national housing agency showed on Monday.The seasonally adjusted annualized rate of housing starts fell to 229,030 units from a revised 239,322 units in January, the Canadian Mor...Reuters
Mon, Mar 17
