off-the-wire

Fed's Jefferson cautiously optimistic about economy, sees job market stabilizing, inflation falling

Feb 06, 2026 - 12:31 PM

Canada's Ivey PMI shows activity decelerating in January

Feb 06, 2026 - 11:47 AM

Wall St gains footing after week-long tech slump, Amazon down on AI capex lift

Feb 6 (Reuters) - Wall Street indexes rebounded on Friday following a bruising selloff in technology shares through the week, but optimism was tempered by Amazon's drop after it became the latest Big Tech to ramp up spending on artificial-intelligence infrastructure.The S&P 500 and the tech-heavy Nasdaq advanced after three straight days of declines.Amazon (AMZN.O), slid 9% after the company forecast a more than 50% jump in capital expenditures this year, intensifying the AI-driven spending spree already underway among its "Magnificent Seven" peers.

Feb 06, 2026 - 10:16 AM

Canada loses 24,800 jobs, but unemployment rate dips to 6.5%

OTTAWA, Feb 6 (Reuters) - Canada unexpectedly lost 24,800 jobs in January but the unemployment rate dipped to a 16-month low of 6.5% as fewer people looked for work, Statistics Canada indicated on Friday.Analysts had forecast a gain of 7,000 jobs and for the unemployment rate to remain unchanged at 6.8%.Full-time employment in January rose by 44,900 jobs while part time employment fell by 69,700 positions.

Feb 06, 2026 - 9:53 AM

Investors look beyond US hedge funds for the first time since 2023, Barclays says

LONDON, Feb 6 (Reuters) - Investors are looking to decrease their exposure to U.S. hedge funds for the first time since 2023, as talk of the "Sell America" trade has simmered since U.S. President Donald Trump's sweeping Liberation Day levies in April.Investors in the U.S. and Europe told Barclays that for the first time in three years they were planning to reduce exposure to U.S.-based hedge funds by around 5% and looking to increase the money they invest in managers in Asia and Europe, according to a survey of 342 investors managing a total of $7.8 trillion in assets.

Feb 06, 2026 - 9:51 AM

Tech-led selloff drags Asian stocks; Indonesia tumbles on Moody's outlook cut

Feb 6 (Reuters) - South Korean shares ended lower on Friday as investors continued to retreat from technology stocks, while Indonesian equities fell 3% after Moody's cut the country’s credit outlook, adding pressure on Southeast Asia’s largest economy.The MSCI index of emerging Asian equities (.MIMS00000PUS), slipped 0.6% and was set for its worst week since Nov. 21 with a 2.1% loss. The regional IT gauge (.MIMS0IT00PUS), has fallen nearly 3% this week, its steepest drop since mid-December.

Feb 06, 2026 - 8:38 AM

Wall St Week Ahead Tech stock shakeout clouds market ahead of economic data deluge

NEW YORK, Feb 6 (Reuters) - An artificial intelligence-driven shakeout in the heavyweight technology sector is set to keep stock investors on edge in the coming week while a barrage of data could shift focus to the health of the economy.

Feb 06, 2026 - 8:34 AM

ECB's Kocher sees dollar weakness rather than euro strength

VIENNA, Feb 6 (Reuters) - The euro's current strength against the dollar is mainly due to weakness of the U.S. currency that may be what Washington wants, European Central Bank policymaker Martin Kocher said on Friday."We do not currently see a strength of the euro, because growth in Europe is too weak for that. We see a weakness of the dollar, partially desired, possibly, politically desired," Kocher told reporters, adding that Europe is also seen as more of a safe haven than a year or two ago.Reporting by Francois Murphy; Editing by Alex Richardson

Feb 06, 2026 - 8:33 AM

Canadian dollar dips as risk aversion offsets BoC case against easing further

TORONTO, Feb 5 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Thursday as investors grew risk averse, but the move was limited after Bank of Canada Governor Tiff Macklem pushed back against prospects of additional interest rate cuts to support the economy.The loonie was trading 0.1% lower at 1.3675 per U.S. dollar, or 73.13 U.S. cents, after moving in a range of 1.3653 to 1.3699.The U.S. dollar touched a near two-week high as fresh volatility gripped Wall Street.

Feb 05, 2026 - 3:47 PM

Traders bet the ECB will stick with steady rates, keeping one eye on the euro

LONDON, Feb 5 (Reuters) - Euro zone markets remained confident on Thursday in the view that the European Central Bank would likely hold interest rates steady for the rest of the year, with euro strength likely remaining in the spotlight.Speaking after the ECB left its key rate unchanged at 2%, central bank chief Christine Lagarde played down the impact of dollar moves on its future policy choices and stressed that its inflation outlook remained largely unchanged.

Feb 05, 2026 - 2:44 PM

Hedge funds jump into volatile January to reap returns

LONDON, February 5 - Hedge funds posted positive returns in January thanks to ripples of market volatility stemming from U.S. military action in Venezuela, questions around the independence of the Federal Reserve and a cold snap that sent natural gas futures flying.

Feb 05, 2026 - 2:43 PM

Bessent says up to Trump whether Warsh might be sued over policy choices

Feb 5 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday declined to commit that the Trump administration would not sue Kevin Warsh, its nominee to lead the Federal Reserve, if he follows a monetary path opposed by the president.Senator Elizabeth Warren asked Bessent in a Senate hearing whether he would promise that "Warsh will not be sued, will not be investigated by the Department of Justice, if he doesn't cut interest rates exactly the way that Donald Trump wants."

Feb 05, 2026 - 1:38 PM

Bank of Canada says restructuring of economy will take years

By David LjunggrenOTTAWA, Feb 5 (Reuters) - Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could be very painful, Bank of Canada Governor Tiff Macklem said on Thursday.Macklem urged policy makers and businesses to do all they could to adjust to the new challenges, saying Canada could not afford to fail.

Feb 05, 2026 - 1:37 PM

US job openings drop to more than five-year low in December

WASHINGTON, Feb 5 (Reuters) - U.S. job openings dropped to the lowest level in more than five years in December and data for the prior month was revised lower amid a softening in labor market conditions at the end of 2025.Job openings, a measure of labor demand, decreased by 386,000 to 6.542 million by the last day of December, the lowest level since September 2020, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, or JOLTS report, on Thursday.

Feb 05, 2026 - 10:32 AM

India monitoring evolving crypto trading to ensure tax compliance, top tax official says

NEW DELHI, Feb 5 (Reuters) - India is talking to cryptocurrency exchanges to assess evolving trading activity as it seeks oversight over newer crypto products, according to a top tax official.India does not regulate cryptocurrencies, but global crypto exchanges such as Binance, Coin DCX, Coinbase and Zebpay operate in the country after registering with a government agency.Asia's third-largest economy has imposed punitive taxes on gains from cryptocurrencies and the local central bank has repeatedly cautioned against the risks from crypto trading.

Feb 05, 2026 - 9:07 AM

Wall St futures subdued as markets digest Alphabet's AI spending plans

Feb 5 (Reuters) - U.S. stock index futures were largely muted on Thursday as investors weighed Alphabet's (GOOGL.O), blowout spending plans against its stellar quarterly results, while Qualcomm dropped after a dour forecast.Shares of the Google parent, which surged 65% in 2025, slipped 3% in premarket trading after Alphabet unveiled capital-expenditure plans that could nearly double this year, another aggressive step in a bid to stay ahead in the AI race.Shares of semiconductor and chip equipment stocks moved higher on Alphabet's capex plans.

Feb 05, 2026 - 9:03 AM

off-the-wire

Dow Jones Industrial Average hits record 50,000 points

US consumer sentiment rises to six-month high in early February

Bessent says Trump's comment about suing his Fed chair nominee was a joke

Canadian dollar recoups most of weekly decline as jobless rate falls

Fed's Jefferson cautiously optimistic about economy, sees job market stabilizing, inflation falling

Canada's Ivey PMI shows activity decelerating in January

Wall St gains footing after week-long tech slump, Amazon down on AI capex lift

Canada loses 24,800 jobs, but unemployment rate dips to 6.5%

Investors look beyond US hedge funds for the first time since 2023, Barclays says

Tech-led selloff drags Asian stocks; Indonesia tumbles on Moody's outlook cut

Wall St Week Ahead Tech stock shakeout clouds market ahead of economic data deluge

ECB's Kocher sees dollar weakness rather than euro strength

Canadian dollar dips as risk aversion offsets BoC case against easing further

Traders bet the ECB will stick with steady rates, keeping one eye on the euro

Hedge funds jump into volatile January to reap returns

Bessent says up to Trump whether Warsh might be sued over policy choices

Bank of Canada says restructuring of economy will take years

US job openings drop to more than five-year low in December

India monitoring evolving crypto trading to ensure tax compliance, top tax official says

Wall St futures subdued as markets digest Alphabet's AI spending plans