UK borrowing cost spike evaporates, in boost for Reeves
By Andy Bruce (Reuters) – British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the start of the…
Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much
SINGAPORE (Reuters) – Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on…
UK financial regulator pledges to help government boost growth
LONDON (Reuters) -Britain’s Financial and Conduct Authority (FCA) said on Friday it would collaborate with the government on a new approach that supports economic growth, after finance minister Rachel Reeves…
Truist beats quarterly profit estimates on investment banking gains
(Reuters) – Truist Financial (NYSE:TFC) on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened. A resilient economy, declining…
Euro-zone services inflation expected to drop in 2025, Capital Economics says
On Friday, new data confirmed that euro-zone headline inflation experienced a slight increase from 2.2% in November to 2.4% in December, while the core rate remained steady at 2.7%. Services…
Mexico economy growth outlook sluggish, bracing for U.S. tariff hit – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will stay sluggish this year, a Reuters poll of economists found, as the country braces for a possible radical shift in…
Fastenal misses estimates amid sluggish demand for industrial safety products
(Reuters) – Fastenal (NASDAQ:FAST) posted fourth-quarter profit below analysts’ estimates on Friday, as a sustained slowdown in construction sector dented demand for its fasteners and other safety products. Shares of…
UK borrowing cost spike evaporates, in boost for Reeves
By Andy Bruce (Reuters) – British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the start of the…
Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much
SINGAPORE (Reuters) – Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on…
UK financial regulator pledges to help government boost growth
LONDON (Reuters) -Britain’s Financial and Conduct Authority (FCA) said on Friday it would collaborate with the government on a new approach that supports economic growth, after finance minister Rachel Reeves…