US money market funds draw sharp inflows in the week to Oct. 2
(Reuters) – U.S. money market funds saw massive inflows in the week to Oct. 2 as investors sought safer assets on caution ahead of a key payrolls report amid heightened…
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Factbox-Most brokerages expect 25 bps of Fed rate cuts in November
(Reuters) -J.P.Morgan and BofA Global Research have joined a growing rank of major brokerages that expect the U.S. Federal Reserve to reduce interest rates by 25 basis points in November.…
Markets are expecting China to roll out “significant” fiscal stimulus, UBS says
Investing.com — Markets are now expecting a “significant” fiscal stimulus package from the Chinese government on top of a series of recently-announced measures designed to support the country’s sluggish economy, according…
Wall Street futures slip as markets reprice rate path ahead of busy week
(Reuters) – U.S. stock index futures slipped on Monday as investors dialed back bets on the scope of the Federal Reserve rate cuts this year, ahead of key inflation data,…
Equinor buys 9.8% stake in Orsted valued at $2.5 billion
OSLO (Reuters) – Norway’s Equinor said on Monday it has bought a 9.8% stake in Danish renewable energy group Orsted (CSE:ORSTED) valued at around $2.5 billion, making it the second…
Too early to call a burst in China property buying a recovery, analysts say
By Casey Hall and Clare Jim SHANGHAI (Reuters) – Property sales soared in some Chinese cities during the week-long National Day holiday after a slew of stimulus was unveiled to…
Upcoming inflation data unlikely to stand in the way of Fed rate cuts, UBS says
Investing.com – The release of the consumer price index (CPI) data for September on Thursday is expected to show that price pressures continued to moderate at the end of the third…
Debt service burden forcing poor to make tough choices, UN official says
HAMBURG, Germany (Reuters) -Many of the world’s poorest countries are having to cut other investment in order to service debts, United Nations Development Programme administrator Achim Steiner said on Monday.…
US stock futures lower; CPI and earnings ahead this week – what’s moving markets
Investing.com — US stock futures edge lower following a Friday spike on Wall Street that was fueled by a strong jobs report. Markets are now gearing up for fresh inflation data…
Japan PM Ishiba rules out hike in capital gains tax
TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba said on Monday he had no plan for now to consider raising the country’s tax on income from investments. “At present, I…