TSX futures fall as investors pause after week’s rally
(Reuters) – Futures linked to Canada’s main stock index fell on Friday, mirroring its Wall Street peers as investors paused after markets gained over the week due to U.S. interest…
Global equity funds draw big inflows ahead of Fed rate cut
(Reuters) – Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve’s interest rate cut to initiate its long-awaited reduction cycle. According to LSEG…
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority…
Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) – Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to price pressures in the short term…
India’s Nifty, Sensex outperform most global markets, behind only Wall Street
By Bharath Rajeswaran BENGALURU (Reuters) – India’s NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street’s Nasdaq and S&P 500 as top-performing indexes this year, with analysts…
TSX futures fall as investors pause after week’s rally
(Reuters) – Futures linked to Canada’s main stock index fell on Friday, mirroring its Wall Street peers as investors paused after markets gained over the week due to U.S. interest…
Exclusive-China Minsheng Bank cut Beijing staff pay by up to 50% in austerity drive
BEIJING (Reuters) – China Minsheng Bank has cut pay by up to 50% for its Beijing branch employees, two people with direct knowledge of the matter said, in the biggest…
Futures pause after Wall Street’s rally on Fed policy pivot
(Reuters) – U.S. stock index futures edged lower on Friday, taking a pause from the previous session’s rally that set Wall Street’s main indexes on track for weekly gains after…
Barclays doubts the Fed will cut as much as currently priced in
Investing.com — Barclays analysts are skeptical that the Federal Reserve will cut interest rates as aggressively as the market currently expects. In a note Friday, the bank said the Fed’s…
China’s August youth jobless rate rises to nine-month high
BEIJING (Reuters) – China’s August youth jobless rate climbed to the highest level since last December, the statistics bureau said on Friday, as new graduates started to hunt for offers…