U.S. Stock Futures, Treasurys Little Moved Ahead of Jobs Data
U.S. stock futures nudged higher in early European trade on Friday, as investors held positions steady ahead of crucial U.S. jobs data.
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U.S., European Bond Yields Little Changed Ahead of Key Jobs Data
Treasury and European government bond yields were little changed Friday as investors awaited August U.S. employment data at 1230 GMT, a key input ahead of the Federal Reserve's interest-rate decision on Sept. 16.
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Norway's Massive Oil Fund Proposes Cut to Government Bond Holdings
The manager of the $2.4 trillion sovereign-wealth fund proposed adding riskier debt in a bid to seek greater returns.
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Japan Finance Minister Vows to Keep Eye on Fiscal Balance
Continued concerns over Japan's fiscal sustainability have sparked a rise in government bond yields and weighed on the yen.
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Fed's Waller Hints at September Rate Pause-If August Inflation Plays Along
Waller said that while inflation is still "meaningfully" above the Fed's 2% target, he's seeing signs of cooling in the recent data.
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German Manufacturing Recovery Continues as Orders Climb for Third Straight Month
The increase extended a decent run of form that continues to defy the impact of surging energy prices as the conflict in the Middle East persists.
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Why Big Oil Is Wary of Trump's Foray Into Venezuela's Oil Patch
The energy industry has long opposed government intervention, and some executives are worried the U.S. is creating a giant with the ability to push them around.
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A Renewed Threat to Global Grain Supplies: Russia and Ukraine
Grain exports, especially to the Mediterranean region, are caught in the crossfire as Russia and Ukraine expand their bombing targets.
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Investors Still Want Out of Private Credit Funds Like Blackstone's and Cliffwater's
Blackstone and Cliffwater have seen redemption requests of about 10% and 16%, respectively, at their private credit funds.
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El Nino Is Yet to Peak, Bringing Heat and Agricultural Damage in Tow, UN Says
This year's El Nino is on track to be the strongest in at least 70 years, further increasing the likelihood of widescale disruption to global agricultural markets.
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U.S. Failed to Give Assurances on Tariff Levels, Canada's Carney Says
Any trade pact Canada strikes with the U.S. must ensure that agreed-upon tariff levels on certain goods would not be subject to change, Prime Minister Mark Carney said.
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BOE's Chief Economist Sees Need for Rate Rise as War's Course Remains Uncertain
The Bank of England should raise its key interest rate to limit the risk that inflation will stay above its target for a prolonged period, Chief Economist Huw Pill said.
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U.S. Services-Sector Activity Expanded Again in August
The Institute for Supply Management's purchasing managers index for services providers was 55.4 in August compared with 54.1 in July.
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U.S. Trade Deficit Widened in July
U.S. imports were higher than exports by $88.6 billion, versus $71.2 billion in June. Analysts polled were expecting a $90 billion deficit.
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U.S. Jobless Claims Ticked Back Up Last Week
U.S. jobless claims swung upward again somewhat last week but were generally flat as job creation slows. The number of people who filed for unemployment benefits was 206,000.
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Netherlands Moves Gold From New York to London, Citing Geopolitical Unrest
The Dutch central bank said shifting the 78 metric tons of gold, worth $11 billion, would improve its ability to trade the metal in a pinch.
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Germany's Ifo Institute Revises Up Growth Estimates
Healthy exports and rising public investment lifted expectations for the country's economic growth this year, and the institute now expects 2027 growth at 1.2%, compared with 0.8% it predicted in June.
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Global Bond Markets Take a Breather
Government bond yields fell amid cooling expectations of an interest rate increase by the U.S. Federal Reserve, but the selloff in bonds might not be over.