Economy
U.S. Treasuries rise as Iran deal reports lift demand
Yields on benchmark 10-year notes fall to session lows amid speculation of easing geopolitical tensions in the Middle East.
U.S. household debt declines $13 billion in Q2
Federal Reserve data shows the first quarterly drop in household debt since 2021, led by declines in credit card and auto loan balances.
U.S. auto loan debt hits record high, NY Fed data shows
Total U.S. household debt rose to $17.69 trillion in Q2, with auto loans reaching $1.56 trillion amid rising borrowing costs.
Atlanta Fed's Venable: U.S. inflation remains too high
Federal Reserve official cites persistent price pressures despite recent cooling in consumer inflation data.
U.S. consumer prices rise 0.2% in July as forecast
Annual inflation holds steady at 3.2% as shelter and food costs offset declines in energy prices.
U.S. existing home sales rise, top forecasts in latest data
Sales of previously owned homes increased 0.8% month-over-month in June, exceeding economist estimates and signaling tentative stabilization in the housing market.
U.S. existing home sales fall for second straight month in July
Sales of previously owned homes declined 2.2% from June, extending a streak of softening demand amid elevated mortgage rates and tight inventory.
US stock futures slip after July inflation data
Dow and S&P 500 futures trimmed gains following softer-than-expected consumer price report for July.
Bank of England to trial stablecoins, digital pound in cross-border trade
Central bank’s Digital Pound Lab to test interoperability between stablecoins and a potential digital pound in trade-finance transactions.
Brazil inflation slows to 4.5% in July, hits central bank target
Consumer prices rose at the slowest pace in 16 months, aligning with the central bank's 4.5% target as food and fuel costs eased.
Russia's trade surplus falls to $12.46 billion in June
Monthly surplus declines from May as exports and imports adjust under sanctions and global market shifts.
Sri Lanka central bank sees no need for further rate hikes this year
Governor signals policy pause after recent tightening cycle amid improving inflation outlook.
Brazil’s central bank warns tight policy will slow growth
Monetary policy tightening seen weighing on domestic demand and investment, according to the bank’s latest assessment.
Wolfe Research: AI unlikely to resolve U.S. federal debt crisis
Analysts argue artificial intelligence may boost productivity but cannot address structural fiscal imbalances driving the debt burden.
Brazil inflation slows to 4.4% in July, fuels rate cut bets
Consumer prices rise at the slowest pace since February 2021, reinforcing expectations for a central bank policy easing cycle.
U.S. private payroll growth weakens for sixth week running
ADP data shows hiring momentum in the U.S. labor market continues to fade, with private sector job gains slowing for a sixth consecutive week in May.
Brazil inflation rises 0.07% in July, outpacing forecasts
Consumer prices increased modestly, defying expectations for a flat reading as food and transport costs offset declines in fuel. Annual inflation remains below the central bank's target.
Brazil’s central bank says inflation still driven by demand despite rate hikes
Monetary tightening has yet to fully curb price pressures, central bank survey shows demand remains primary inflation driver.
Brazil signals policy tightening to persist after rate cut
Central bank hints at prolonged restrictive stance despite 50-basis-point reduction in benchmark rate.
U.S. 10-year yield hits 2024 high as long bond demand weakens
Benchmark Treasury yield rises above 4.5% as investors reassess demand for long-duration debt amid shifting rate expectations.
U.S. CPI data may fuel dovish Fed expectations
Wednesday's inflation print could shift market bets on Federal Reserve policy, with softer-than-expected data potentially accelerating rate-cut timelines.
U.S. CPI slows to 3.4% as expected, Treasury yields fall
Headline and core inflation matched forecasts, while Bitcoin remained near $64,000. Treasury yields declined following the data release.
U.S. CPI data may ease Fed urgency for September rate hike
Soft inflation print could temper central bank’s hawkish stance, reducing pressure for a September rate increase.
US small-business sentiment hits 11-month high in July
NFIB index rises to highest since August 2023, though labor shortages remain a persistent concern for owners.
Spain sells €2.07 bln in T-bills at Tuesday auction
Demand remains robust as Spain issues €2.07 billion in short-term debt, with yields largely stable amid broader euro zone borrowing conditions.
