adminOil Fades After Short-Lived Rebound as Storm Francine Passes
(Bloomberg) — Oil slipped after producers started bringing output back online after Storm Francine passed, though futures still headed for their first weekly gain in a month as the disruptions…
Global equity funds see second weekly outflow on caution over economic outlook
(Reuters) – Global investors were net sellers of equity funds for a second successive week through Sept. 11, driven by concerns over the health of the U.S. economy and caution…
Treasuries Advance as Traders Mull Size of Fed Cut: Markets Wrap
(Bloomberg) — Treasuries rallied and the dollar fell after a mixed bag of US data this week kept investors guessing on the size of an expected rate cut from the…
RBI Governor Signals No Policy Change Despite Inflation Dip
(Bloomberg) — India’s central bank governor signaled he’s in no hurry to cut interest rates despite recent softening in inflation in the world’s fastest-growing major economy. Most Read from Bloomberg…
Dudley Sees Case for Half-Point Fed Rate Cut Next Week
(Bloomberg) — Former Federal Reserve Bank of New York President William Dudley said there’s scope for a half-point rate cut at the central bank’s meeting next week. Most Read from…
Oil prices extend recovery rally to cap volatile week
By Shariq Khan (Reuters) – Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate…
Dollar weak as traders add to wagers of big rate cut from Fed
By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the euro and the yen on the rise as investors remained on tenterhooks ahead of next week's central…
Nasdaq CEO: U.S. economic growth would be 0.5% higher if it weren’t for fraud
If financial crime were a sector of the U.S. economy, it would be on par with the lodging and food services sector—with money laundering activity accounting for 3.1% of the…
From Fed to Elections, FX Turbulence Buffets Dollar Investors
(Bloomberg) — All signs point to a tough few months ahead for investors charting the dollar’s path, after the US presidential debate and a key inflation reading left markets anticipating…
US filings for unemployment benefits inch up slightly but remain historically low
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000…
