adminEmerging-Market Currency Rout Deepens as Traders Temper Fed Bets
(Bloomberg) — Emerging-market currencies declined for a fifth consecutive session on Monday as traders scaled back bets on another big interest-rate cut from the Federal Reserve amid signs of a…
Fed’s Musalem argues for more rate cuts, says data to drive easings
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy moves forward…
Short-Dated Muni Bonds Swoon as Fed Rate-Cut Bets Revised
(Bloomberg) — The shortest-dated municipal bonds sold off after a blowout jobs report caused investors to recalibrate the odds of another big interest-rate cut from the Federal Reserve. Most Read…
Stocks Fall as Traders Dial Back Fed-Cut Wagers: Markets Wrap
(Bloomberg) — Stocks fell as traders trimmed bets on Federal Reserve rate cuts, sending Treasury 10-year yields above 4%. Brent crude jumped to $80 a barrel, with mounting tensions in…
Gold Steadies as Expectations of Federal Reserve Rate Cut Fade
(Bloomberg) — Gold held steady as traders pared expectations of Federal Reserve interest-rate cuts in the wake of stronger-than-expected US jobs data. Most Read from Bloomberg Bullion traded near $2,660…
Corporate bonds gain an edge over stocks as Fed cuts
(Bloomberg) — The outlook for corporate debt is improving now that the Federal Reserve has begun cutting interest rates, according to the latest Bloomberg Markets Live Pulse survey. Most Read…
Exclusive-BP drops oil output target in strategy reset, sources say
By Ron Bousso LONDON (Reuters) – BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy…
Oil Drops as Traders Watch for Israeli Response to Iran Strike
(Bloomberg) — Oil opened the week lower as the market waited to see if Israel would retaliate against Tehran for a missile attack last week, with President Joe Biden discouraging…
Oil pares gains after strongest weekly rise in over a year
SINGAPORE (Reuters) – Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide…
The hiring rate trending lower could be a sign of problems to come
The stock market climbed to all-time highs, with the S&P 500 setting a closing high of 5,762.48 on Monday. For the week, the S&P rose 0.2% to end at 5,751.07.…
