Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "September's"


25 mentions found


The US military won't say who won the dogfight between an AI-controlled F-16 and a human fighter pilot. Back in 2020, AI smoked a seasoned Air Force F-16 pilot 5-0 in simulated dogfights. The AI-controlled fighter jet, called the X-62A Variable Stability In-flight Simulator Test Aircraft, is a modified version of an F-16. Back in August 2020, AI won a simulated dogfight against a human operator 5-0. #AI successfully pilots fighter jet ✈️.#ICYMI @deptofdefense artificial intelligence agents successfully pilot a fighter jet making AI history!
Persons: they'd, , Ryan Hefron, James Valpiani, Luke, Hefron, Valpiani, @officialafmc, hsfgaw0kVx —, we've Organizations: Air Force, Service, DARPA, Edwards Air Force Base, US Defense, Research Projects Agency, US Air Force, Falcons, 62nd Fighter Squadron, Luke Air Force Base, Key West, US Navy, hsfgaw0kVx — Edwards Air Force Base Locations: California, Ariz, Florida, Fla, @afresearchlab, @EdwardsAFB
PRISTINA (Reuters) - Global police agency Interpol has issued international arrest warrants for ethnic Serb gunmen accused of storming a village last year in north of Kosovo and battling police in a shootout, which left four dead, Kosovo's interior minister said on Friday. Interior Minister Xhelal Svecla said Interpol has informed that all suspects of the Banjska attack have been added in the arrest warrant. Kosovo blames Serbia of being behind the shootout but Belgrade has denied such accusations. They have often clashed with Kosovo police and international peacekeepers, but last September's violence was the worst since Kosovo declared independence in 2008. Kosovo is still not a member of United Nations and all arrest warrants for Interpol are handled through a UN mission that arrived in Kosovo in 1999 when the war ended.
Persons: Xhelal Svecla, Svecla, Fatos Bytyci, Marguerita Choy Organizations: Global, Interpol, Reuters, Milan, Kosovo Serb, Facebook, Belgrade, Kosovo police, United Nations, UN Locations: PRISTINA, Kosovo, Serbia, Serbian, Banjska, Belgrade
The majority of economists surveyed by the World Economic Forum expect the global economy to weaken this year, saying that geopolitical fragmentation around the world will deepen. "Global economic prospects remain subdued and fraught with uncertainty," WEF's report, published Monday, said. The International Monetary Fund, meanwhile, expects global economic growth to fall slightly in 2024 to 2.9%, from 3% last year. WEF's survey shows significant divergence among economists' expectations for different economies, with the experts most bearish on Europe's prospects. Some 77% of those surveyed expect growth in the region to weaken this year — that's almost double the figure recorded in September's survey.
Persons: that's Organizations: World, Monetary Fund, U.S, East Locations: South Asia, East Asia, China
Australia's Greens to investigate supermarket 'price gouging'
  + stars: | 2023-12-03 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. REUTERS/Loren Elliott Acquire Licensing RightsSYDNEY, Dec 3 (Reuters) - Australia's Greens party said on Sunday it would lead a parliamentary inquiry into "price gouging" by major supermarkets as the country grapples with high costs of living. "It will also assess the rise in essential item prices, the validity of discounts offered, and the inflation of profits during economic hardship," added McKim, accusing supermarkets of "price gouging" during "Australia's cost of living crisis". "Construction costs, energy prices, the cost of logistics and packaging have all risen", the spokesperson said. A Woolworths spokesperson said the company was "working to deliver relief" on grocery bills.
Persons: Loren Elliott, Nick McKim, McKim, Competition Andrew Leigh, Leigh, Sam McKeith, Lincoln Organizations: Woolworths, REUTERS, Rights, Australia's Greens, Greens, Coles, Competition, Labor, Reserve Bank of Australia, Thomson Locations: Sydney, Australia
The dollar index , which measures the currency against six major peers, slipped 0.1% to 103.37 and was headed for a monthly loss of more than 3%, its worst performance since November 2022. The market is also eyeing a rate decision from the Reserve Bank of New Zealand and Chinese purchasing managers' index (PMI) data. In other currencies, the euro was little changed against the dollar at $1.0937 . Against the yen, the dollar fell 0.4% to 148.885 yen . The dollar extended losses after data showed U.S. new home sales fell more than expected in October, dropping 5.6% to a seasonally-adjusted annual rate of 679,000 units.
Persons: ECB's Lagarde, Helen, Christine Lagarde's, Gertrude Chavez, Dreyfuss, Samuel Indyk, Rae Wee, Toby Chopra, Mark Potter, Paul Simao Organizations: U.S, Federal Reserve, Monex USA, Fed, European Central Bank, Bank of England, Reserve Bank of New, Australian, greenback, New, Thomson Locations: U.S, Washington, OPEC, Australia, Reserve Bank of New Zealand, New Zealand, China, New York, London, Singapore
US new home sales fall more than expected in October
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +2 min
New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. September's sales pace was revised lower to 719,000 units from the previously reported 759,000 units. Economists polled by Reuters had forecast new home sales, which account for a small share of U.S. home sales, would fall to a rate of 723,000 units. Most homeowners have mortgage rates under 3%, making many reluctant to sell, boosting demand for new construction. Mortgage rates soared as the Federal Reserve aggressively raised interest rates to fight inflation.
Persons: Sarah Silbiger, Freddie Mac, Torsten Slok, Lucia Mutikani, Paul Simao Organizations: REUTERS, Rights, U.S, Commerce Department, Reuters, National Association of Realtors, Federal Reserve, Treasury, Apollo Global Management, Thomson Locations: Washington , U.S, U.S, New York
Money market traders are betting September's hike was the last, with almost 90 basis points of rate cuts priced by the end of 2024. European shares underperforming their U.S. counterparts was a common expectation amongst the survey's European respondents as the robust American economy looks more likely to achieve a 'soft landing' than Europe. European shares are much cheaper than those in the U.S., possibly reflecting the worse economic outlook. The STOXX Europe 600 trades at over 12 times 12-month forward earnings, a 35.6% discount to the S&P 500 (.SPX). "Still, as the broader economic slowdown takes hold of the continent's markets, we expect to see a rather challenging second half of 2024."
Persons: Chris Beauchamp, Thomas Monteiro, Germany's DAX, Fiona Cincotta, Cincotta, Investing.com's Monteiro, Monteiro, Samuel Indyk, Danilo Masoni, Pranoy Krishna, Rahul Trivedi, Sarupya Ganguly, Jason Neely Organizations: IG, European Central Bank, ECB, Investing.com, FTSE, Bank of England, Thomson Locations: Europe, Germany, riskier, U.S, Bengaluru
China's refiners processed 63.93 million metric tons of crude in October, equivalent to 15.05 million bpd, according to National Bureau of Statistics data released on Nov. 15. Crude imports were 48.97 million metric tons and domestic output was 17.33 million, giving a total of 66.3 million, equivalent to 15.61 million bpd. Subtracting the refinery throughput from the total crude available leaves a surplus of 560,000 bpd to be put into commercial or strategic reserves. China total crude available vs refinery processingFORECASTS TOO BULLISH? China's imports for the first 10 months of the year are 11.36 million bpd, which is 1.19 million bpd higher than for the whole of 2022.
Persons: refiners, China doesn't, Stephen Coates Organizations: National Bureau, Statistics, OPEC, International Energy Agency, BP, Reuters, Thomson Locations: Qingdao, Shandong province, LAUNCESTON, Australia, China, Asia, Saudi Arabia
Djokovic eyes second Davis Cup title for Serbia
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +3 min
On Sunday he beat Italy's Jannik Sinner to win a record seventh ATP Finals title. I really would like to win the Davis Cup with Serbia. Traditional Davis Cup powerhouse Australia have not won the Davis Cup for 20 years but under captain Lleyton Hewitt they believe they can go one step further than last year. The Davis Cup will also be a chance for Sinner to shake off any lingering disappointment at losing to Djokovic in the ATP Finals on Sunday. World number four Sinner leads a strong-looking Italy side who will be favourites to beat the Dutch.
Persons: Pala Alpitour, Serbia's Novak Djokovic, Italy's Jannik, Guglielmo Mangiapane, Novak Djokovic, Davis, Djokovic, Rafa Nadal, Italy's, That's, Dan Evans, Andy Murray, Cameron Norrie, Jack Draper, Neal Skupski, Felix Auger, Aliassime, Denis Shapovalov, Milos Raonic, Emil Ruusuvuori, Lleyton Hewitt, Hewitt, Alex De Minaur, De Minaur, Martyn Herman, Pritha Sarkar Organizations: Canada, Australia, Sunday, France, Davis, Serbia, Wimbledon, Djokovic, ATP, Thomson Locations: Turin, Italy, Serbia, Malaga, Finland, Czech Republic, Netherlands, Belgrade, Britain's, Canada, Spain, Alicante, Marbella
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, addresses the media on the fourth day of the annual meeting of the IMF and the World Bank, following September's deadly earthquake, in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 17 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Friday the Fund was "seriously considering" a possible augmentation of Egypt's $3 billion loan program due to economic difficulties posed by the Israel-Hamas war. Georgieva told Reuters in an interview on the sidelines of the Asia Pacific Economic Cooperation Summit that the conflict is "devastating" Gaza's population and economy and has "severe impacts" on the West Bank's economy and is also posing difficulties for neighboring countries Egypt, Lebanon and Jordan through the loss of tourism and higher energy costs. Reporting by David Lawder Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons: Kristalina, Susana Vera, Kristalina Georgieva, Georgieva, David Lawder, Chris Reese Organizations: International Monetary Fund, IMF, World Bank, REUTERS, FRANCISCO, Monetary Fund, Reuters, Asia Pacific Economic Cooperation, Thomson Locations: Marrakech, Morocco, Israel, Egypt, Lebanon, Jordan
Job growth slowed in October and the unemployment rate climbed to 3.9%, the highest level since January 2022. Import prices dropped 0.8% last month after rising 0.4% in September. Economists had forecast import prices, which exclude tariffs, falling 0.3%. In the 12 months through October, import prices declined 2.0% after decreasing 1.5% in September. Excluding fuels and food, import prices dropped 0.2% after dipping 0.1% in September.
Persons: Andrew Kelly, Nancy Vanden Houten, Unadjusted, Goldman Sachs, Lou Crandall, Wrightson, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Labor Department, Oxford Economics, Reuters, Goldman, Treasury, Fed, Reuters Graphics, Labor Department's Bureau of Labor Statistics, Consumer, Thomson Locations: Manhattan , New York City , New York, U.S, WASHINGTON, New York, Massachusetts, Oregon, Georgia, United States, China
While many experts don't see inflation getting back to normal just yet, it could in a year or two. Consumer price inflation has been mostly slowing this year. Some experts see inflation as measured by the Consumer Price Index being around 2% — the Fed's target year-over-year rate of price growth — by some time in 2024. Advertisement"We foresee headline and core CPI inflation around 2.2% y/y in Q4 2024," Daco said in his commentary. Goldman Sachs forecasts that measure is expected to cool off and see a 2.4% year-over-year increase in December 2024.
Persons: J.P, David Kelly, , Gregory Daco, Daco, Kelly, ING's James Knightley, Sarah Foster's, Goldman Sachs, Jerome Powell, Powell, Mark Hamrick, Hamrick Organizations: Morgan, Service, Consumer, CPI, Morgan Asset Management, Bankrate, Federal Reserve, Federal, Business
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 20, 2023. The British consumer price index rose by 4.6% in the 12 months to October, slowing from September's 6.7% increase, the Office for National Statistics said. He sees a "more complicated" process ahead, where stock market exuberance eventually collides with bond market expectations that an economic slowdown will drive rate cuts. The dollar index , which measures the currency against a basket of peers, stood at 104.17, not far from Tuesday's two-month low of 103.98. Interest rate futures swung to price in an interest rate cut by the U.S. Federal Reserve as early as May, with a 30% chance it could come even sooner, in March.
Persons: May MILAN, Carlo Franchini, Naka, Russell, Joe Biden, Xi Jinping, Sterling, Danilo Masoni, Tom Westbrook, Alex Richardson Organizations: REUTERS, Staff, Bank of England, Banca Ifigest, National Statistics, CPI, Nasdaq, U.S . Federal Reserve, Bloomberg News, Golden, HSBC, Brent, Thomson Locations: Frankfurt, Germany, United States, Europe, Asia, China, Milan, Ukraine, Italy, France, Tokyo, San Francisco, London, CHINA, Pacific, Japan, Hong Kong, Beijing, Shanghai, Singapore
The pound eased back from Tuesday's two-month highs after data showed British inflation ran at its slowest pace in two years in October, at 4.6%. On Tuesday, the pound rose by 1.8% against the dollar, marking its biggest one-day gain in a year. The offshore Chinese yuan, meanwhile, received some support The offshore yuan , meanwhile, briefly ticked up to a three-month high of $7.2385 against the dollar after domestic industrial output and retail sales growth beat expectations. Evidence of ongoing weakness in China's property sector, where data showed sales fell faster in October and investment in real estate slumped, took some of the shine off the rally. The offshore yuan was last at 7.2577 per dollar, down 0.1% on the day.
Persons: Dado Ruvic, Michael Hewson, Sterling, Moh Siong Sim, Brigid Riley, Shri Navaratnam, Lincoln, Angus MacSwan Organizations: REUTERS, Federal Reserve, Investors, Bank of England, Markets, Bank of Singapore, Thomson Locations: Britain, Tuesday's, York
Sterling eases after cooler British inflation data
  + stars: | 2023-11-15 | by ( Amanda Cooper | ) www.reuters.com   time to read: +3 min
British Pound and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 15 (Reuters) - Sterling eased on Wednesday after data showed British inflation cooled more than forecast in October, reinforcing expectations that the Bank of England (BoE) will be cutting interest rates by the middle of next year. Sterling was last down 0.2% on the day at $1.2471 by 0724 GMT, compared with $1.2487 shortly before the data. The figures reinforced the view that the U.S. Federal Reserve has probably also finished raising interest rates. Money markets show traders believe there is a good chance the BoE could start cutting rates by May next year.
Persons: Dado Ruvic, Sterling, BoE, Richard Garland, Rishi Sunak, we’ve, Huw Pill, Amanda Cooper, Alun John, Robert Birsel Organizations: Pound, U.S, REUTERS, Bank of England, Office, National Statistics, Omnis Investments, government's Treasury, U.S . Federal Reserve, Thomson Locations: September's, Britain
Retail sales fell 0.1% last month after jumping a strong 0.9% in September, according to a report released Wednesday by the Commerce Department. Excluding sales of gas and autos, retail sales ticked up 0.1%. “The October retail sales report was stronger than expectations, but confirmed a slowdown in consumption,” Ellen Zentner, chief U.S. economist at Morgan Stanley, wrote in a note to clients. Restaurants and bars reported a 0.3% sales increase, though that was much lower than September's 1.6% gain. The government’s monthly retail sales report offers only a partial look at consumer spending; it doesn’t include many services, including health care, travel and hotel lodging.
Persons: , ” Ellen Zentner, Morgan Stanley Organizations: Commerce Department, Consumer, Walmart, Target, Federal Reserve, National Retail Federation Locations: U.S, Europe, United States
Inflation cooled off in October
  + stars: | 2023-11-14 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +4 min
Inflation cooled off in October based on new year-over-year data out Tuesday. The Consumer Price Index increased 3.2% year over year in October, less than the year-over-year increase of 3.7% in September. AdvertisementInflation cooled but is still above the Fed's 2% target per the year-over-year change in the Consumer Price Index, or CPI, for October. The year-over-year increase in October was just less than the forecast of 3.3%, and the increase is less than the September's 3.7% year-over-year increase . AdvertisementThe food index didn't see as large an increase as the shelter index, with a year-over-year increase of 3.3%.
Persons: , David Kelly, Kelly, Jerome Powell, Powell Organizations: Service, of Labor Statistics, Bureau of Labor Statistics, Morgan Asset Management, PMI, Federal Reserve, Federal
Morning Bid: Murky US inflation picture
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +6 min
According to consensus forecasts at least, U.S. headline inflation is expected to have retreated sharply again in October back toward midyear lows around 3.3%. But underlying 'core' inflation is expected to stay stickier at an unchanged annual rate of 4.1% last month and still more than twice the Fed's target. But the Fed may want to hang tough long enough into a slowing economy to ensure that inflation is squeezed back to its 2% goal. And perhaps the negative tilt on October core inflation going into today's release leaves more room for a positive surprise. The International Energy Agency on Tuesday raised its oil demand growth forecasts for this year and next despite the weakening economic picture.
Persons: Lucas Jackson, Mike Dolan, Goldman Sachs, Xi Jinping, Joe Biden, Biden, Xi, Shunichi Suzuki, Philip Jefferson, Loretta Mester, Austan Goolsbee, Michael Barr, Huw Pill, Christina Fincher Organizations: New York Stock Exchange, REUTERS, New, Bank of America's, Treasury, International Energy Agency, U.S, Economic Cooperation, Reuters, Bank of Japan, Japan's Finance, Home, Federal, Cleveland Fed, Chicago Fed, Banking, Housing, Urban Affairs, Bank of England, Thomson Locations: New York, U.S, California, San Francisco, Asia, China, Japan, Teck, United States
US stocks saw an impressive rally as the latest CPI data surprised investors with an inflation slowdown. Bond yields dropped dramatically, with the 10-year rate plummeting over 19 basis points. AdvertisementUS stocks shot up on Tuesday, as markets rallied around October's Consumer Price Index report, which surprised investors with softer-than-predicted inflation data. Since the CPI report, market expectations of rate hike in December dropped from 14% to 0%, according to the CME FedWatch Tool. AdvertisementAccording to October's report, prices remained flat on a monthly basis, despite expectations of a 0.1% rise.
Persons: Bond, , That's, Bill Adams, Jamie Cox Organizations: Service, October's, Dow Jones, Nasdaq, Federal, Comerica Bank, Treasury, Harris Financial, Here's Locations: United States
Take Five: That rate cut trade
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Nov 10 (Reuters) - Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war. Traders, anticipating roughly three quarter-point Fed rate cuts next year, will now turn their attention to Tuesday's inflation data to confirm their view on the outlook. A sharper cooling could fan the peak rate talk, fuelled by October's employment report, which pointed to an easing in labor markets. Reuters Graphics Reuters Graphics3/ ONCE BITTENThe robust dollar suddenly appears vulnerable to the push and pull in the market's Fed rate cut bets. The data could also help justify, or challenge, recent remarks from BoE chief economist Huw Pill that mid-2024 could be the time for rate cuts.
Persons: Brendan McDermid, Lewis Krauskopf, Kevin Buckland, Danilo Masoni, Alun John, Dhara, Jerome Powell, Ping, Powell, Rishi Sunak, Sunak, BoE, Huw Pill, Sumanta Sen, Pasit, Riddhima Talwani, Prinz Magtulis, Jayaram, Dhara Ranasinghe, Tomasz Janowski Organizations: New York Stock Exchange, REUTERS, Traders, Reuters, Beijing, Reuters Graphics Reuters, Bank of England, Thomson Locations: New York City, U.S, China, New York, Tokyo, Milan, London, Washington, September's, Germany, Europe, ITALY, Italy
The U.K. economy flatlined in the third quarter, initial figures showed Friday. Services sector output dropped 0.1% on the quarter, but the decline was offset by a 0.1% increase in construction performance, while the production sector flatlined. U.K. Chancellor of the Exchequer Jeremy Hunt said high inflation remains the "single greatest barrier to economic growth" in the country, with the consumer price index remaining at 6.7% year-on-year in September. While somehow avoiding a recession this year, today's no growth reading means the UK economy is flatlining with only 0.2% economic growth in the last six months." As the Bank of England stated earlier this month that more than half of the impact of higher interest rates on the level of GDP is still to come through, the U.K. economy faces growing headwinds as we approach 2024."
Persons: Jeremy Hunt, Hunt, Lindsay James Organizations: Gross, Services, Chancellor, Quilter Investors, Bank of England Locations: Canary, London, U.K
Morning Bid: Oil and bond yields try to find toehold
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +4 min
The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. The supply picture for U.S. crude, which is now down more than 20% from late September's peaks, has also weighed on energy prices. Crude inventories increased by 11.9 million barrels over the week to Nov. 3, sources said, citing American Petroleum Institute figures. With senior Fed officials on Wednesday side-stepping guidance on the central bank's next policy steps, attention focuses squarely on Powell's latest speech. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Carlo Allegri, Mike Dolan, Jerome Powell's, Powell, Jerome Powell, Thomas Barkin, Raphael Bostic, Kathleen O'Neill Paese, Christine Lagarde, Janet Yellen, Becton Dickinson, Emelia Sithole Organizations: New York Stock, REUTERS, Federal, American Petroleum Institute, Walt Disney, ABC, Warner Bros Discovery, Richmond Fed, Atlanta Fed, Louis Interim, European Central Bank, . Treasury, News Corp, Wynn Resorts, U.S, Treasury, Thomson, Reuters Locations: Manhattan, New York City , New York, U.S, Europe, Shanghai, Hong Kong, Washington, St, Brussels, Mettler, Toledo, TransDigm
France hand PSG teenager Zaire-Emery first call up
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +2 min
The teenager has been in impressive form this season, scoring twice in 10 Ligue 1 games, and has played every minute of PSG's four Champions League matches. Zaire-Emery was the youngest player to appear for PSG when he made his debut last season aged 16 years and 151 days and in September was made France under-21 captain by coach Thierry Henry. Aurelien Tchouameni was already ruled out of the France squad after his foot injury in his club Real Madrid's LaLiga win over Barcelona last month but Zaire-Emery had been tipped for selection anyway having become a key member of PSG's side. "The absence due to injury of Aurelien Tchouameni did not necessarily condition the presence or absence of Warren Zaire-Emery," Deschamps said. The manager was also asked about the possibility of the young midfielder making the squad for the Euro finals.
Persons: Paris St Germain's Warren, Emery, Stephanie Lecocq, Germain, Warren Zaire, Didier Deschamps, Deschamps, Thierry Henry, Aurelien Tchouameni, Warren, Benjamin Pavard, Jean, Clair Todibo, Trevor Stynes, Ken Ferris Organizations: Soccer Football, Paris St Germain, AC Milan, Parc des Princes, Paris St, Rights, Paris Saint, Ligue, League, PSG, Real Madrid's LaLiga, Barcelona, Inter Milan's, Nice, France, Thomson Locations: Parc des, Paris, France, Paris St Germain's Warren Zaire, Gibraltar, Greece, Zaire, Warren Zaire, Germany, Nice
Nov 9 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Producer and consumer price inflation figures will be released, the highlights of a regional calendar that also includes Japanese bank lending, trade and current account figures, Indonesian retail sales, and Philippines GDP. Global yields are moving too - the 10-year Japanese Government Bond yield is back below 0.85%, having come within two basis points of 1% last week. The decline in U.S. bond yields is removing some of the dollar's shine, which in turn is allowing Asian currencies to fight back. Yen traders on Thursday are also eyeing Japanese bank lending figures for October and September's trade and current account report.
Persons: Jamie McGeever, Pan Gongsheng, Ping, Fed's Powell, Josie Kao Organizations: Treasury, People's Bank of China, Financial, Ping An Insurance Group, Reuters, Nissan, Honda, Sony, Group, China PPI, CPI, Thomson Locations: Asia, Philippines, Beijing, China's, Japan, Philippine, China
Traders work on the floor of the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. U.S. stock futures were flat on Tuesday night after the S&P 500 and Nasdaq Composite notched their longest winning streaks in about two years. Futures tied to the S&P 500 and Nasdaq 100 futures oscillated near the flat line. Earlier in the day, the S&P 500 added 0.3% to clinch its seventh straight positive session. These gains come after about 80% of S&P 500 companies have beaten earnings estimates this season, while slowing demand means that only 59% have also topped revenue expectations.
Persons: Dow, Ken Mahoney, Mahoney, Walt Disney, , Robert Hum Organizations: New York Stock Exchange, Nasdaq, Dow Jones Industrial, Asset Management, Apple, Microsoft, Google, MGM Resorts, Walt Locations: New York City . U.S
Total: 25