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News
Morning Bid: Shipping oil gets ever harder, costlier
8+ hour, 24+ min ago (573+ words) A look at the day ahead in European and global markets from Wayne Cole. Brent is back above $107 a barrel as the Houthis close in on the Bab el-Mandeb, the other key channel for oil exports coming out of the…...
Goldman Sachs now expects Fed to hike rates in September
10+ hour, 8+ min ago (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in a... Sept 13 (Reuters)…...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
12+ hour, 28+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
Shares slip in Asia as oil climbs, rate hikes loom
13+ hour, 47+ min ago (592+ words) SYDNEY, Sept 14 (Reuters) – Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
21+ hour ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Trump calls $5,000 payouts ‘easy’ to fit into federal budget
20+ hour, 3+ min ago (486+ words) By Bo Erickson, Chuck Mikolajczak and Padraic Halpin NEW YORK/DOONBEG, Ireland, Sept 13 (Reuters) – President Donald Trump said on Sunday the United States can afford his promise to send $5,000 to every U.S. adult should his Republican Party keep control of…...
Speculators turn net long on yen for first time since February
1+ day, 9+ hour ago (148+ words) TOKYO, Sept 13 (Reuters) – Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday, a display of growing momentum behind Japan’s beleaguered currency. The yen has surged this month on…...
Meloni sees Italy 2026 growth at 1%, matching euro zone
2+ day, 5+ hour ago (246+ words) MILAN, Sept 12 (Reuters) – Prime Minister Giorgia Meloni expects Italy’s economy to grow by 1% this year, in line with the euro zone, she said in an interview with newspaper Il Foglio published on Saturday. • Meloni’s government in April forecast 2026 gross domestic…...
UK economy beats expectations in July with 0.4% growth
3+ day, 6+ hour ago (307+ words) LONDON, Sept 11 (Reuters) – Britain’s economy grew by a much stronger than expected 0.4% in July, extending the strong performance seen in the first half of the year despite headwinds from the U.S.-Iran war, figures from the Office for National…...
Japan to maintain close communication with US on currency markets, Katayama says
3+ day, 10+ hour ago (130+ words) TOKYO, Sept 11 (Reuters) – Japanese Finance Minister Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States to ensure orderly foreign exchange markets. “Our policy stance has not changed at all since Japan and…...