S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023....
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US exceptionalism thwarts dollar bears but Fed test looms
NEW YORK, Sept 12 (Reuters) - Resilient U.S. growth is fueling another rebound in the dollar and sending bearish investors...
Stocks decline, Treasury yields jump as investors weigh rate outlook
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023....
Argentina, in dollar love affair, agonizes over divorcing the peso
LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
US unemployment rate spikes to 3.8%; labor market still has momentum
Nonfarm payrolls increase 187,000 in AugustUnemployment rate rises to 3.8% from 3.5% in JulyAverage hourly earnings gain 0.2%; up 4.3%...
US consumer spending accelerates; declining savings a red flag
Consumer spending increases 0.8% in JulyPersonal income gains 0.2%; savings rate falls to 3.5%Core PCE price index rises 0.2%; up...
Fed can stop hiking rates if economy slows at current pace, Rosengren says
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug 30 (Reuters) -...
Analysis: Europe’s weaker economy limits fallout of US bond rout
Divergence opening up between European and U.S. bondsTreasury yields touched 2007 highs while Germany laggedInvestors bet on weak European growth,...
Europe’s bumper Q2 puts global dividend payouts on track for record year
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Aug 30 (Reuters) -...
Wall St rallies, Treasury yields retreat as data hints at potential Fed pause
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023....
