U.S. Stocks Up as Bond Selloff Abates
The selloff in global government bonds took a breather and U.S. stocks rose as market sentiment steadied at the end of a turbulent week.
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Consumer Sentiment Ticked Lower in September
The University of Michigan survey's headline index landed at 48.1 in September, down from 51.7 in August.
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Treasury Bond Yields Resume Their March Higher to End the Week
U.S. Treasury yields rose as new indications of economic resilience fuel forecasts for a prolonged cycle of interest rate increases.
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Durable Goods Orders Were Unchanged in August
Demand for U.S. durable goods was unchanged in August, according to Commerce Department data. Economists expected a decrease of 0.3%.
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Oil Prices Fall as U.S.-Iran Diplomacy and Regional Tensions Remain in Focus
Oil prices fell as investors assessed prospects for U.S.-Iran diplomacy against continued threats to Saudi energy infrastructure.
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The Robust U.S. Economy Powers Through Rate Hikes and Rising Bond Yields
AI-driven growth looks resistant to higher borrowing costs, spooking Treasury investors.
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Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Another Fed Rate Hike Looks Possible
Market participants will stay focused on the global bond selloff and fluctuations in energy prices as the Middle East conflict drives up economic costs across the region.
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Bank Lending to Eurozone Businesses Halved in August
The decline is a sign that rising borrowing costs following the European Central Bank's decision to raise its key interest rate are hindering investment.
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German Consumer Confidence Falls to Lowest Since May on Energy Costs
Consumer confidence in Germany dropped unexpectedly sharply, dragged down by rising energy prices as tensions escalated in the Middle East.
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Five Takeaways From Trump's Washington Summit With Xi
The summit was heavy on ceremony and light on outcomes, concealing major disagreements between the two nations on trade, technology and Beijing's support for Iran.
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In the U.S.-China Rivalry, One Has a Slight Edge. AI Is a Wild Card.
For a sense of how the U.S. and China measure up against each other, take a look at four essential costs, writes Louis-Vincent Gave.
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Trump Expressed Concerns About Yen Weakness, Japan Finance Minister Says
President Trump expressed concerns about the yen's weakness during a recent meeting with Japanese Prime Minister Sanae Takaichi.