US equity funds draw biggest weekly inflow in nine months
U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.
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U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.
Federal Reserve Chair Jerome Powell on Friday opened a "Fed Listens" event on how Americans are experiencing the economy, saying the pandemic has had "lasting" effects and that to make
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from the week's magical mystery tour of world central banks - with record high
Inflation signals from the United States, Australia and Japan should be in focus in the coming days following a deluge of central bank meetings that included a historic Bank of
U.S. business activity held steady in March, but prices increased across the board, suggesting that inflation could remain elevated after picking up at the start of the year.
The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S.
A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't
U.S. single-family homebuilding rebounded sharply in February amid mild temperatures and a persistent shortage of previously owned houses on the market.
A U.S. appeals court on Monday revived an antitrust lawsuit by Regeneron Pharmaceuticals against Novartis related to prescription treatments to address a condition that can lead
U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this
The euro could be driven back down to parity against the dollar if Donald Trump wins U.S.
U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the
The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico.
Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-
U.S. retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending is slowing as households grapple with
A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.
Oil prices climbed in early trade on Thursday, supported by strong demand in the U.S. after gasoline stocks hit a three month low and crude stockpiles dropped unexpectedly, with supply
The International Monetary Fund has begun the process of selecting its next managing director and intends to choose a candidate by the end of April, the global lender's
A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered
CME Group said it will apply this year to clear U.S.
The U.S. federal budget deficit grew in February with outlays surging as annual tax-filing season kicked into gear and interest costs on the national debt kept rising, the U.S.
A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline
U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June