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TREASURIES-US yields mixed as tariff uncertainty clouds economic outlook
Investors worry about inflation, growth impact after tariffsTrump to delay tariffs on Mexico by a monthUS yield curve flattens, hits narrowest gap since late DecemberAdds new comment, graphic, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 3 (Reuters) - U.S. short-dated Treasury yields a...Reuters
Mon, Feb 3
Forex Today: Fedspeak and US jobs data in the spotlight
The US Dollar kicked off the week on a strong note as market participants assessed the implementation of US tariffs over the weekend, while investors should remain focused on the US labour market data throughout this week as well as comments from Fed’s rate setters.
Fxstreet
Mon, Feb 3
US banks say demand for business loans rose in Q4 -Fed survey
Adds details from report starting in paragraph 4Feb 3 (Reuters) - U.S. banks say demand for business loans strengthened in the fourth quarter, with the net share of banks reporting an increase turning positive for the first time in two years, a Federal Reserve survey on Monday showed.The net share o...Reuters
Mon, Feb 3
US Treasury expects to borrow $815 billion in first quarter
Feb 3 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $815 billion in the first quarter, lower than the October estimate by $9 billion, mainly due to a higher cash balance at the beginning of the quarter.The first-quarter financing estimate assumes a cash balance of $850 billion at...Reuters
Mon, Feb 3
US banks say demand for business loans rose in Q4 -Fed survey
Feb 3 (Reuters) - U.S. banks say demand for business loans strengthened in the fourth quarter, with the net share of banks reporting an increase turning positive for the first time in two years, a Federal Reserve survey on Monday showedThe net share of banks reporting stronger demand for commercial ...Reuters
Mon, Feb 3
Tesla's California car registrations down 12% in 2024, report shows
Feb 3 (Reuters) - Tesla's TSLA.O electric-vehicle registrations in California fell about 12% last year, according to industry data, indicating mounting challenges for the automaker in the key U.S. market.While high interest rates, tough competition and the introduction of a restyled Model 3 seda...Reuters
Mon, Feb 3
Bostic: Businesses say they plan to pass through Trump tariff costs
WASHINGTON, Feb 3 (Reuters) - Businesses say they are planning to pass through higher import taxes directly to consumers, Atlanta Fed President Raphael Bostic said on Monday, though it remains unclear whether that would amount to enough of an inflation shock for the Fed to respond."We've hea...Reuters
Mon, Feb 3
China's UN envoy says US, China must work together on AI
Feb 3 (Reuters) - The United States and China should cooperate on AI and technology, China's U.N. Ambassador Fu Cong said on Monday, adding that fragmentation would only enhance risk and reduce benefits. "Look at the Huawei. Look at Tiktok, now the DeepSeek. How many more do you want to ban?...Reuters
Mon, Feb 3
US President Trump: I like the idea of tariffs on most countries
United States (US) President Donald Trump hit the newswires with a wide swath of off-hand statements on Monday, ranging from the war in Ukraine, where President Trump expects 'rare earth metals' in exchange for obtaining a ceasefire with Russia.Fxstreet
Mon, Feb 3
Bostic: Comfortable waiting for rate cuts given high levels of uncertainty
ATLANTA, Feb 3 (Reuters) - The high degree of uncertainty around tariffs and other policies have made it difficult for the Fed to anticipate how the economy will evolve and made a cautious approach to further rate cuts appropriate, Atlanta Fed president Raphael Bostic said on Monday.There is "a ...Reuters
Mon, Feb 3
FACTBOX-How Trump's tariffs will impact corporate profits, inflation
Updates throughout after Feb. 1 tariffsBy Johann M Cherian and Pranav Kashyap Feb 3 (Reuters) - U.S. President Donald Trump's tariffs on Canada, Mexico and China have the potential to impact corporate profits, as well as to dictate the path of inflation, economic growth and stock market perfo...Reuters
Mon, Feb 3
FACTBOX-US agricultural exports/imports threatened by Trump trade actions
Updates with Trump ordering tariffs, Mexico levy paused, paragraphs 1-3By Karl Plume and P.J. Huffstutter CHICAGO, Jan 31 (Reuters) - U.S. President Donald Trump on Saturday ordered sweeping tariffs on Mexico, Canada and China and has threatened duties on goods from other nations, sparking concer...Reuters
Mon, Feb 3
TREASURIES-US yields drop as tariff shock spurs flight to safety
Investors worry about inflation, growth impact after tariffsTrump to delay tariffs on Mexico by a month.US yield curve flattens, hit narrowest gap since late DecemberAdds new comment, bullets, byline, NEW YORK dateline; updates pricesBy Gertrude Chavez-Dreyfuss, Harry Robertson and Tom Westbrook ...Reuters
Mon, Feb 3
Euro bond yields drop as Trump's tariffs roil markets
Updates in late European trading LONDON, Feb 3 (Reuters) - Euro zone bond yields fell sharply on Monday after U.S. President Donald Trump announced tariffs on Canada, Mexico and China and threatened more on Europe, pushing investors towards the safety of bonds on fears of a widespread trade war.Y...Reuters
Mon, Feb 3
Canada not optimistic about a Mexico-style tariff reprieve, says New York Times
OTTAWA, Feb 3 (Reuters) - Canada is not optimistic it can get the same kind of one-month reprieve from U.S. tariffs that was granted to Mexico, the New York Times cited a senior Canadian government official as saying on Monday.President Donald Trump said he had spoken to Prime Minister Justin Trudea...Reuters
Mon, Feb 3
US construction spending beats expectations in December
WASHINGTON, Feb 3 (Reuters) - U.S. construction spending increased more than expected in December, boosted by single-family homebuilding, but high mortgage rates could curb further gains in new residential construction.The Commerce Department's Census Bureau said on Monday that construction rose...Reuters
Mon, Feb 3
EU must stay united in face of Trump's tariff threat, Spanish minister says
Adds comments from Industry and Trade Minister in paragraph 5, industries likely hit by tariffs in paragraphs 6-8 MADRID, Feb 3 (Reuters) - The European Union must remain united and avoid being naive in the face of threats by U.S. President Donald Trump to levy tariffs on its products, Spanish Ec...Reuters
Mon, Feb 3
