French sports officials snub minister’s speech over planned budget cut
PARIS (Reuters) – French sports officials walked out of a speech by new minister Marie Barsacq over a planned 33% budget cut for their sector just a few months after…
UBS sees 5% US 10-year Treasury yield as equities’ negative threshold
Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a negative turning point for equities. They also suggest…
Indonesia plans spending cuts worth $18.84 billion, finance ministry says
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) this year, a finance ministry spokesperson told Reuters on Thursday.…
UK gilts yields rise; Reeves pledges to new fiscal measures
Investing.com – The yields on UK government bonds rose Thursday after Chancellor Rachel Reeves said she was prepared to announce new measures to ensure it meets its fiscal rules in…
Analysis-Rate sensitivity haunts already elevated Brazil public debt
By Marcela Ayres BRASILIA (Reuters) – Investors already concerned about Brazil’s ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with…
Futures subdued after previous session’s jump; data, earnings on tap
(Reuters) – U.S. stock index futures were subdued on Thursday, as investors paused after Wall Street’s strong performance in the previous session and awaited economic data, more corporate earnings and…
Gentle drop in UK savings rate to boost consumer spending, Capital Economics says
On Thursday, Capital Economics, provided insights into the future of the United Kingdom (TADAWUL:4280)’s economy, focusing on household saving rates and consumer spending, indicating that the recent increase in the…
BofA expects Australian disinflation trend to persist
ank of America (BofA) analysts projected that the disinflationary trend in Australia is likely to continue, based on the upcoming Consumer Price Index (CPI) data release for the fourth quarter…
French sports officials snub minister’s speech over planned budget cut
PARIS (Reuters) – French sports officials walked out of a speech by new minister Marie Barsacq over a planned 33% budget cut for their sector just a few months after…
UBS sees 5% US 10-year Treasury yield as equities’ negative threshold
Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a negative turning point for equities. They also suggest…