(Add comment, US markets close) * U.S. producer prices rise in November * Rate hike worries keep Wall Street under wraps * Crude prices set for 10% weekly loss By Herbert Lash and Carolyn Cohn NEW YORK/LONDON, Dec 9 (Reuters) – Treasury yields rose and Wall Street stocks fell on Friday after U.S. producer price …
GLOBAL MARKETS – Stocks fall, yields rise as inflation data sends mixed signals Read More »
Investors predict the Federal Reserve will cut rates when it faces a slowing economy next year, betting that the US central bank is much closer to ending its historic monetary tightening campaign than it was. did not announce it. Traders in the US government bond market are betting the Fed will be forced to cut …
Investors bet on interest rate cuts in 2023 despite Fed signals Read More »
Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …
Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises Read More »
