Dollar up, bonds down on 'hawkish cut' bets but BTIG warns of possible reversal
-- The dollar has strengthened, while bonds and small-cap stocks have weakened amid expectations the Federal Reserve could deliver a "hawkish cut," but BTIG flags...
ECB expects more rate cuts as inflation fears abate
FRANKFURT (Reuters) - The European Central Bank expects to cut interest rates further if inflation settles at its 2% target as it expects, some of the ECB's top brass said on...
Canada finance minister quits after clash with Trudeau, deals blow to government
By David Ljunggren and Ismail Shakil OTTAWA (Reuters) -Canada's Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues...
Canada promised Trump a border crackdown. Easier said than done
By Anna Mehler Paperny SAINT-GEORGES-DE-CLARENCEVILLE (Reuters) - Six Lego-like concrete blocks mark the end of a rural road at the U.S.-Canada border. The police vehicle, revving...
US bond investors brace for 'hawkish cut,' spurn long-term bonds
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bond investors, expecting the Federal Reserve to cut interest rates by a quarter of a percentage point on Wednesday, are bracing...
French central bank trims growth outlook on political drama
PARIS (Reuters) - France's economy will grow more slowly than expected in the next two years as its home-grown political turmoil adds to the global volatility weighing on...
US manufacturers predict growth in 2025 after prolonged slump
WASHINGTON (Reuters) - U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall...
German lawmakers set stage for early national election
German legislators have approved a measure that will lead to an early national election, which is now scheduled for February 23. This decision supports Chancellor Olaf Scholz's...
Volkswagen, labor leaders re-engage in crucial cost-cut talks
Volkswagen (ETR:VOWG_p) and labor representatives have re-engaged in discussions this Monday with the aim of resolving ongoing disputes regarding cost reduction strategies for the...
'We expect Treasury yields to decline': UBS
US Treasury yields reached their highest point since late November of the previous year. This increase occurred despite widespread market expectations that the Federal Reserve will...