Analysis: Interest Rates

Big investors welcome more headroom in UK budget, fret over long-term uncertainties

LONDON -Big investors on Wednesday broadly welcomed British finance minister Rachel Reeves' tax-raising budget that gives her more leeway to meet her fiscal targets, but they warned it may not be...

UK watchdog's early budget release steals Reeves' thunder, stirs markets frenzy

LONDON -Britain's fiscal watchdog apologised for publishing details of Rachel Reeves' budget early on Wednesday, a blunder that stole the finance minister's chance to reset the political narrative...

Sterling, UK bond prices rise as Reeves' budget delivers more headroom

LONDON -Sterling and UK government bond prices edged up on Wednesday in volatile trade as Britain's finance minister Rachel Reeves delivered a highly-anticipated budget. Britain's...

India, Europe central banks agree to start initial phase of linking domestic payment systems

The central banks of India and the European Union have agreed to start the initial phase of linking domestic payments systems, the Reserve Bank of India said on Friday. ...

World's richest nations are pulling back from global development efforts, study show

LONDON -Two dozen of the world's richest nations, including the United States and Japan, are pulling back from their global development push, a study published on Thursday shows, with many slashing...

UK government may repeat tax rises next year, Franklin Templeton says

LONDON -The British government is likely to repeat tax rises next year, Franklin Templeton head of European fixed income David Zahn said on Tuesday, adding that long-term gilt yields could rise...

AXA Investment Managers sells UK bonds after tax U-turn, others still favour gilts

LONDON -AXA Investment Managers halved its exposure to UK bonds in some portfolios on Friday following news that the government has no plans to raise income tax, a senior fund manager told Reuters on...

Investors and business decry British budget messaging 'fiasco'

MANCHESTER, England -Confusing messages about Britain's budget this month are undermining the government's credibility, investors, businesses and think tanks said on Friday as bond prices tumbled...

Markets tumble as Fed cut hangs in the balance

SINGAPORE -A look at the day ahead in European and global markets from Gregor Stuart Hunter It has been a wrenching 24 hours for markets as traders reined in expectations that the U.S....

Fed hopes melt, stocks sink

ORLANDO, Florida -Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak...

Wall Street mixed, shutdown (almost) nixed

ORLANDO, Florida -U.S. tech shares stumbled again but the Dow climbed to a new high on Wednesday as investors geared up for an end to the U.S. government shutdown, while oil prices slumped on reports...

Worsening UK labour market bolsters Bank of England rate cut bets

LONDON -Britain's labour market cooled noticeably in the third quarter as the unemployment rate jumped and wage growth slowed, according to data on Tuesday that will bolster expectations for a Bank...

Markets rejoice potential end to US government shutdown

A look at the day ahead in European and global markets from Rae Wee Global markets are set to begin the week with an oomph as investors cheer the prospect of an imminent end to a...

German exports rise more than expected in September on US increase

BERLIN -German exports rose more than expected in September as exports to the United States increased for the first time after five consecutive month-on-month decreases, official data showed on...

UncertAInty slams risk appetite

ORLANDO, Florida -U.S. stocks, bond yields and the dollar all fell on Thursday, dragged down by renewed fears of an AI bubble and worries over the strength of the U.S. labor market. ...

US economic resilience lifts spirits

ORLANDO, Florida -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how...

Stocks slide from record highs as caution reigns

A look at the day ahead in European and global markets from Kevin Buckland On another day, tech-driven stock rallies to fresh record highs in Tokyo and Taipei would probably signal a...

Private jobs in spotlight amid data blackout

A look at the day ahead in European and global markets from Ankur Banerjee With markets still in recovery mode after an action-packed week that has left risk momentum intact, the...

No tricks, some treats for markets

A look at the day ahead in European and global markets from Ankur Banerjee A whirlwind October is set to end with investors unsure of the global monetary policy path in the near term,...