Reuters

Author Image

contributor

Reuters

Latest

Morgan Stanley CIO favors 60/20/20 portfolio strategy with gold as inflation hedge

Sept 16 (Reuters) - A 60/20/20 portfolio strategy that includes 20% gold is a more resilient inflation hedge at a time when U.S. equities are offering historically low upside over Treasuries and investors are demanding higher yields for long-term bonds, Morgan Stanley (MS.N), Chief Investment Officer Mike Wilson said on Tuesday.

Sep 16, 2025 - 5:44 PM

Wall St indexes slip as investors turn cautious ahead of Fed rate decision

Sept 16 (Reuters) - The S&P 500 and the Nasdaq pared earlier losses on Tuesday as caution set in ahead of an anticipated interest rate cut from the Federal Reserve, while declines in healthcare stocks weighed on the Dow.Investors are largely still pricing in a 25 basis-point cut from the U.S. central bank at the conclusion of its two-day meeting on Wednesday, to offset the deterioration in the U.S. labor market, evidenced by numerous recent economic indicators.

Sep 16, 2025 - 4:06 PM

Trump pressure on Fed may steepen US yield curve, fund managers say

Sept 16 (Reuters) - The Treasury yield curve could steepen as investors demand higher compensation for perceived fiscal and political risk amid rising pressure from the Trump administration on the U.S. Federal Reserve, bond fund managers said on Tuesday.

Sep 16, 2025 - 4:03 PM

PM told Anglo American to move HQ to Canada for Teck deal nod – report

Canadian Prime Minister Mark Carney told Anglo American to move its headquarters to Canada or its proposed acquisition of Teck Resources would not be allowed to proceed, the Globe and Mail reported on Monday, citing two sources familiar with the matter.London-based Anglo American and Canada’s Teck last week announced a $53-billion planned merger, the sector’s second-biggest M&A deal ever, and said the merged entity, Anglo Teck, would be headquartered in Canada and have a primary stock listing in London.

Sep 16, 2025 - 2:17 PM

Financials drag London stocks lower ahead of Fed's rate decision

Sept 16 (Reuters) - British stocks closed lower on Tuesday, led by rate-sensitive banks and insurers, as investors remained cautious ahead of the widely expected U.S. Federal Reserve interest-rate cut decision on Wednesday.The benchmark FTSE 100 (.FTSE), dropped 0.9%, while the domestically focused FTSE 250 (.FTMC), was down 0.7%.

Sep 16, 2025 - 1:33 PM

Mercuria plans to take large amounts of aluminum from LME storage

Mercuria has indicated it plans to take almost 100,000 metric tons of aluminum from London Metal Exchange warehouses, three sources familiar with the matter told Reuters, a move that could reduce the commodity trader’s dominant position.Swiss-based Mercuria has for much of the time since May held more than 90% of aluminum warrants – title documents conferring ownership. As of September 4, LME data showed its holdings of available or on warrant aluminum amounted to more than 426,000 tons.Its aluminum holdings do not break any rules.

Sep 16, 2025 - 1:23 PM

Gold uptrend intact, but due for correction before topping $4,000 in 2026

Gold’s stellar rally to successive record highs shows every sign of continuing for the rest of the year, but a healthy correction is on the cards before breaching the $4,000 per ounce milestone in 2026, traders and industry experts said.Strong tailwinds such as expectations for monetary easing by the US Federal Reserve, lingering geopolitical tensions, worries over the Federal Reserve’s independence, and strong central bank purchases have prompted investors to flock to the precious metal.

Sep 16, 2025 - 1:03 PM

India’s silver imports to gain momentum from strong investment demand

India’s silver imports are expected to gather momentum in the coming months, supported by stronger investment and industrial demand that has already absorbed the surplus from last year’s elevated shipments, industry officials told Reuters.Higher imports by the world’s biggest silver consumer could give further support to global prices that are close to their highest level in 14 years.

Sep 16, 2025 - 1:01 PM

Trump economic adviser Miran gets Senate nod to join Fed board

WASHINGTON, Sept 15 (Reuters) - The U.S. Senate on Monday narrowly confirmed Stephen Miran to the Federal Reserve's Board of Governors, expanding President Donald Trump's influence over the world's most important central bank and handing his top economic adviser one of 12 interest-rate-setting votes on the eve of a key policy meeting.

Sep 16, 2025 - 12:57 PM

Canadian dollar hits a two-week high against downtrodden U.S. counterpart

TORONTO, Sept 16 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counterpart on Tuesday, as broad-based declines for the greenback offset cooler-than-expected domestic inflation data.

Sep 16, 2025 - 12:53 PM

World shares edge lower, US yields drop as investors await Fed

NEW YORK/LONDON, Sept 16 (Reuters) - An index of world equity markets edged lower after hitting a record high on Tuesday ahead of the widely expected start of the Federal Reserve's interest rate cutting cycle, while U.S. Treasury yields and the dollar fell.MSCI's all-country index (.MIWD00000PUS), was down 0.04% after rising as far as 978.74, a record high. Wall Street stocks erased earlier session gains and were trading lower, with utilities and financials driving losses while energy and consumer discretionary shares were leading the gains.

Sep 16, 2025 - 11:41 AM

TSX dips with investors on edge ahead of monetary policy meetings

Sept 16 (Reuters) - Canada's benchmark stock index fell on Tuesday, dragged down by gold mining and material shares, with investors on edge ahead of monetary policy announcements from the Bank of Canada and the U.S. Federal Reserve later in the week.The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), dipped 0.3% at 29,339.94 points by 10:00 ET (1400 GMT), remaining close to Monday's record high.Canada's annual inflation rose 1.9% in August, driven by petrol and food prices, but was below the 2% forecast by a Reuters poll of analysts.

Sep 16, 2025 - 11:28 AM

Fed-fueled frenzy sends gold to uncharted territory above $3,700

Sept 16 (Reuters) - Gold vaulted past $3,700 an ounce levels for the first time on Tuesday as rising bets on a rate cut by the Federal Reserve this week fueled a rally that has been stoked by safe-haven demand, central bank buying and a weaker dollar.

Sep 16, 2025 - 11:20 AM

Dollar sinks to four-year low vs euro ahead of Fed rate decision

NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, sinking to four-year low against the euro, as investors firmed bets for a Federal Reserve interest rate cut this week.

Sep 16, 2025 - 11:03 AM

Wall St edges lower as markets await Fed rate decision, assess retail data

Sept 16 (Reuters) - The S&P 500 and the Nasdaq were subdued in choppy trading on Tuesday, as investors turned cautious ahead of an anticipated interest rate cut from the Federal Reserve on Wednesday and assessed the latest retail sales reading.Investors largely priced in a 25 basis point cut from the U.S. central bank at the conclusion of its two-day meeting on Wednesday to offset the deterioration in the U.S. labor market, evidenced by numerous recent economic indicators.

Sep 16, 2025 - 11:02 AM

US housing market to remain stuck in a rut as high rates choke demand

BENGALURU, Sept 16 (Reuters) - The United States' sluggish housing market will remain weak through next year as high mortgage rates stifle demand with only a modest rebound expected in 2027, a Reuters survey of property experts showed.Persistent supply shortages and stretched affordability have kept most first-time buyers on the sidelines with existing homeowners reluctant to sell properties financed at mortgage rates below 4%, further choking activity.

Sep 16, 2025 - 10:52 AM

US import prices increase in August on capital, consumer goods

WASHINGTON, Sept 16 (Reuters) - U.S. import prices unexpectedly rose in August, boosted by strong increases in the costs of capital and consumer goods, suggesting domestic inflation was poised to accelerate in the coming months.

Sep 16, 2025 - 10:02 AM

US retail sales beat expectations in August; weakening labor market dims outlook

WASHINGTON, Sept 16 (Reuters) - U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tariffs on imports.

Sep 16, 2025 - 9:50 AM

Fed avoids shock to independence for now, with Cook to attend meeting; Miran confirmed to open seat

WASHINGTON, Sept 16 (Reuters) - The U.S. central bank opens a two-day policy meeting on Tuesday having skirted, for now, a first-ever effort by the U.S. President to remove a sitting Fed governor, but still facing unprecedented pressure from the White House to bring monetary policy more under the direct influence of the executive branch.

Sep 16, 2025 - 9:47 AM

Gold at record-highs as dollar dips ahead of key Fed meet

Sept 16 (Reuters) - Gold surged to a record high on Tuesday, buoyed by a weakening U.S. dollar and growing market anticipation ahead of the Federal Reserve's policy meeting, where a 25-basis-point rate cut is widely expected.Spot gold rose 0.5% to $3,696.34 per ounce, as of 8:09 a.m. ET (1209 GMT), after hitting a record high of $3,699.37 earlier in the session.U.S. gold futures for December delivery rose 0.4% to $3,733.70.The dollar (.DXY), fell to a more than two-month low against rivals. A weaker greenback makes gold less expensive for other currency holders.

Sep 16, 2025 - 9:17 AM

Reporters

Contributors