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China’s scorching rally takes a breather to wait on stimulus

SINGAPORE (Reuters) - Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader...

Inflation, interest rates eroded Canadians’ purchasing power since 2022: PBO report

OTTAWA — A new report from the Parliamentary Budget Officer says inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly...

Hedge Fund Manager Greg Coffey Hunts for New Turkey Trades

(Bloomberg) -- Macro trader and hedge fund manager Greg Coffey is looking for fresh reasons to invest in Turkey and visited the country in...

Stock market today: World shares are mixed after a blockbuster US jobs report

World shares were mixed on Monday while oil prices pushed higher after the Israeli military said that projectiles fired from Gaza set off sirens...

Wall Street Strategists Say Jobs Surprise Bodes Well for Stocks

(Bloomberg) -- Two of Wall Street’s top strategists have turned more optimistic about US stocks on signs of a robust labor market, economic resilience...

UK house prices rise for third straight month amid falling mortgage rates

House prices in the UK have climbed for the third consecutive month in September, rising by 0.3% or £859, as falling mortgages rates boosted...

How a rates rethink after strong US jobs data could shake up markets

By Saqib Iqbal Ahmed and Lewis KrauskopfNEW YORK (Reuters) - The reverberations from a blowout U.S. employment number could threaten an assortment of trades...

The 3 biggest themes investors are watching for as earnings season kicks off

PepsiCo and major banks like JPMorgan and Wells Fargo will kick off earnings season next week.Investors expect S&P 500 earnings growth of 4.6% as...

Charting the Global Economy: US Labor Market Powers Forward

(Bloomberg) -- Surprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Most Read...

Long awaited turnarounds coming for Home Depot, Lowe’s after Fed’s rate cut

The light at the end of the tunnel is coming for the home improvement sector.A soft housing market has weighed on retailers like Lowe's...

Hot jobs report doesn’t change Fed’s rate ‘calculus’: Goolsbee

Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of interest rates over the next...

BoE’s Pill says high interest rates not depressing investment

LONDON (Reuters) - High levels of interest rates are not a key reason behind weakness in British business investment, Bank of England Chief Economist...

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