U.S. Treasury yields were relatively flat Thursday after the March wholesale inflation data came in weaker than expected.
Bond yields rose to fresh highs for the year as the prospects for multiple rate cuts in 2024 faded following data showing inflation picking up steam.
A gauge of global equities has slipped while Treasury yields edged higher as investors sought clues on the potential for Federal Reserve interest rate cuts in the latest inflation data while the European Central Bank signalled rate cuts soon. A day after March’s hot Consumer Price Index (CPI) reading sent equity investors to the exits, […]
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
The FTSE 100 and major indices across Europe rose, as investors digested fresh data including Friday's US jobs report.
Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed. Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries owned by foreigners rose 8.7% from a year earlier.
Global financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget. Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with Treasurer Jim Chalmers warning of a “fraught and fragile” outlook internationally. China’s growth […]
Sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40%