Hungary to hold up G7 loan to Ukraine until after US election
By Jan Strupczewski LUXEMBOURG (Reuters) – Hungary will hold up a final deal on a $50 billion G7 loan to Ukraine until after the U.S. presidential election by delaying its…
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Gold ETFs registered fifth month of inflows in September, says WGC
LONDON (Reuters) – Global physically backed gold exchange-traded funds (ETFs) registered a fifth consecutive month of inflows in September as North America-listed funds added to their holdings, the World Gold…
Brazil consumer prices seen higher in Sept as drought bites: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices are expected to have risen in September after staying little changed in August, due partly to a severe drought which has hit…
Japan trusts BOJ on monetary policy, economy minister says
By Leika Kihara TOKYO (Reuters) – Japan’s new economy minister, Ryosei Akazawa, said on Tuesday the government has trust in the central bank’s decision on how soon to raise interest…
ECB to cut rates by 25bps in both Oct and Dec as euro zone economy wobbles: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The European Central Bank (ECB) will cut its deposit rate by 25 basis points on Oct. 17 and again in December, according to more…
Fed’s Williams signals support for quarter-point interest rate cuts
Investing.com — A senior Federal Reserve official voiced confidence that the central bank is now “well positioned” to achieve a soft landing for the U.S. economy. He hinted at a…
In the Market: Fed may struggle to rid backstops of stigma amid new push
By Paritosh Bansal (Reuters) – The U.S. Federal Reserve is encouraging banks to count on its long-shunned cash backstops in a bid to support its monetary policy and financial stability…
Fed’s Kugler makes case for more rate cuts if inflation keeps easing
(Reuters) -Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank’s recent interest rate cut and will support further reductions if inflation continues to ease…
Futures muted, Fed’s Williams on rates, Google order – what’s moving markets
Investing.com — US futures are broadly close to the flatline as traders overhaul their outlook for the Federal Reserve’s potential interest-rate path. Meanwhile, Google vows to appeal a landmark order from…
US jobs market cooling but still resilient, Fed’s Kugler says
FRANKFURT (Reuters) – The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed…