Sterling tumbles as weak PMI has traders betting on a lower terminal rate
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria,...
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US existing home sales slide again, but prices up from a year earlier
A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File...
Analysis: Little relief for indebted Canadian homeowners as mortgage rates seen higher for longer
A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsTORONTO, Aug 23 (Reuters) - Highly indebted Canadians hoping for relief from a rapid rise in mortgage rates are in for some disappointment, as recent moves in the bond market point to interest rates staying at elevated levels for longer than previously expected due to stubborn inflation.The yield on Canada's 5-year bond climbed on Tuesday to a 16-year high of 4.17%, up from 2.66% in March,...
European shares pare gains on economic fears, Swiss stocks outperform on Roche boost
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 22, 2023. REUTERS/Staff/File...
US 30-year mortgage rate soars to highest since 2000
A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File...
Investors expect ECB rate-hike pause in September after dismal PMIs
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Morning Bid: ‘Flash’ business funk and AI buzz
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR
A man works at a computer on a standing desk in an office in the financial district of Canary Wharf...
Shares of US banks drop after S&P downgrades some ratings
The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13,...
Dollar higher as traders look to Jackson Hole gathering
FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing...
