14+ hour, 15+ min ago   (291+ words) ---The daily fixing is Beijing's quietest but clearest tool for telling markets how fast it wants the yuan to move, and lately the message has been to slow down. The People's Bank of China sets the daily USD/CNY reference…...

15+ hour, 59+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...

3+ day, 13+ hour ago   (264+ words) Her prior comments linking Middle East-driven oil prices above $100 a barrel to inflation risk are the more market-relevant thread to watch for repetition, since any escalation in that language would sit alongside the broader energy-driven inflation story already playing out…...

3+ day, 14+ hour ago   (201+ words) Japan's wholesale prices came in hotter than expected again, leaving the Bank of Japan with little room to avoid a rate hike next week. Shell offloads 609-MW plant for $715M gain, acquires 169-MW PJM gas asset to lift trading returns. US…...

3+ day, 16+ hour ago   (159+ words) New Zealand manufacturing kept growing in August, just at a softer pace, with employment the sub-index worth watching closest. McClatchy slashes 40% of staff in bloodiest round of layoffs, gutting newsrooms nationwide. Tesla's Cybercab ditches steering wheel for hidden joystick, promising…...

4+ day, 34+ min ago   (656+ words) U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher. July inventories: $958.9 billion Month over month: +1.3% versus 1.3% expected Year over year: +5.7% The monthly increase…...

4+ day, 2+ hour ago   (283+ words) The euro sold off ahead of the announcement in a broad USD rally but it's bounced slightly to 1.1618. This is the second rate hike this year but was widely signaled ahead of time. Changes to economic forecasts: The ECB raised…...

4+ day, 1+ hour ago   (342+ words) Here's a quick snapshot of how we are starting the day in Europe: Regional equities are attempting a modest rebound at the open after yesterday’s sharp selloff, with Spain and Italy leading early gains with some light moves higher elsewhere....

4+ day, 15+ hour ago   (175+ words) Behind closed doors, Trump's own team is preparing for a war that could outlast his presidency, even as he tells voters it will be over within weeks. Trump has lost all credibility with his repeated assertions, for more than half…...

4+ day, 23+ hour ago   (201+ words) So Bessent has decided he will play god in the FX and bond markets. The Treasury floated out at 'more than $4 billion' buyback last month and today we get the actual numbers. It's a $6 billion figure and that looks to…...