off-the-wire

Wall St Week Ahead: Investors seek Fed's view of shaky labor market as rate cut looms

NEW YORK, Sept 12 (Reuters) - Investors will look for the Federal Reserve to communicate how worried it is about the flagging U.S. labor market at its meeting next week and they expect the central bank to cut interest rates for the first time in nine months to shore up employment.

Sep 12, 2025 - 11:26 AM

Markets eye Fed rate cut as gold stays near all-time high

Sept 12 (Reuters) - Gold prices rose on Friday, holding close to record highs hit earlier this week, as signs of a weakening U.S. labor market reinforced expectations the Federal Reserve will deliver its first rate cut of the year next week.Spot gold was up 0.4% at $3,649.54 per ounce, as of 09:19 a.m. EDT (1319 GMT), remaining close to Tuesday's all-time high of $3,673.95. The metal has gained 1.8% so far this week and is poised for a fourth consecutive weekly advance.U.S. gold futures for December delivery were up 0.4% at $3,688.10.

Sep 12, 2025 - 10:54 AM

Stocks firm on Fed rate cut bets, gold on a tear

LONDON/SYDNEY, Sept 12 (Reuters) - Global stocks were on track for a weekly gain on Friday as expectations for rapid-fire U.S. rate cuts promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar.

Sep 12, 2025 - 8:27 AM

Wall Street futures edge lower after rally, indexes set for weekly gains

Sept 12 (Reuters) - Wall Street futures eased on Friday after the three main U.S. indexes scaled record highs in the previous session and were on track to log gains in a week of economic reports that solidified expectations for Federal Reserve interest rate cuts.Wall Street on Thursday was boosted by a rally in shares of Tesla (TSLA.O), and Micron Technology (MU.O), opens new tab, while a monthly inflation report kept the U.S. central bank on track to cut rates next week.

Sep 12, 2025 - 8:20 AM

Bank of Canada to cut rates on September 17, at least one more to follow this year

BENGALURU, Sept 12 (Reuters) - The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in a Reuters poll, who also expect at least one more cut next quarter.

Sep 12, 2025 - 8:10 AM

Dollar regains some ground, still heading for small weekly drop

LONDON, Sept 12 (Reuters) - The dollar inched higher on Friday after falling the day before as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.

Sep 12, 2025 - 8:08 AM

TSX hits all-time high as investors cheer Canada's plan to fast-track major projects

Sept 11 (Reuters) - Canada's major stock index rose to another record high on Thursday as U.S. data supported bets on Federal Reserve interest rate cuts and after Canadian Prime Minister Mark Carney announced five major projects that would be eligible for fast-track approval.The S&P/TSX composite index (.GSPTSE), ended up 228.50 points, or 0.8%, at 29,407.89, eclipsing Wednesday's record closing high.

Sep 11, 2025 - 4:59 PM

Stocks rise, dollar falls; U.S. labor softness fuels rate cut bets

NEW YORK/LONDON, Sept 11 (Reuters) - MSCI's global equities gauge hit record highs on Thursday while U.S. Treasury yields fell with the dollar as data pointing to a softer job market eclipsed a higher-than-expected rise in U.S. inflation in the minds of investors.The Consumer Price Index increased by 0.4% in August, the most in seven months, after a 0.2% rise in July, driven by a 0.4% jump in housing costs and a 0.5% increase in food prices. The cost of food consumed at home jumped 0.6%.

Sep 11, 2025 - 3:20 PM

Canadian dollar rebounds as US data reinforces Fed rate-cut case

TORONTO, Sept 11 (Reuters) - The Canadian dollar recovered from a near three-week low against its U.S. counterpart on Thursday as investors focused on further signs of a slowing U.S. labor market and Canada took steps to diversify its economy.

Sep 11, 2025 - 2:19 PM

London stocks rise as investors assess corporate earnings, US inflation data

Sept 11 (Reuters) - London stocks rose on Thursday, boosted by industrials and bank stocks, as investors assessed corporate earnings and latest U.S. inflation data.The blue-chip FTSE 100 (.FTSE), closed up 0.8%, its best day in over three weeks. The domestically focused mid-cap index (.FTMC), rose 0.7%.In the U.S., data showed consumer prices rose more than expected in August, but a surge in first-time applications for unemployment aid last week appeared to keep the Fed on track to cut interest rates next Wednesday.

Sep 11, 2025 - 12:51 PM

US consumer inflation heats up; weekly jobless claims near four-year high

WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for unemployment aid last week kept the Federal Reserve on track to cut interest rates next Wednesday.

Sep 11, 2025 - 12:47 PM

IMF says Fed has scope to lower interest rates

WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market, but the central bank should move cautiously with a close eye on emerging economic data."Our overall sense is that, given the downside risks to full employment, there is scope for the Fed to begin to lower policy rates," IMF spokeswoman Julie Kozack said in a regular briefing."We also would say that the Fed should proceed cautiously, of course in a data-dependent way, in the coming months."

Sep 11, 2025 - 12:45 PM

off-the-wire

Nasdaq notches record high close, traders look to Fed meeting

Global stocks edge up with dollar, bond yields as Fed rate cuts loom

STOXX 600 slips as French rating review looms; still ends week higher

Canadian dollar heads for second straight weekly decline as volatility cools

S&P 500 and Nasdaq hit records, traders look to Fed meeting

China seeks feedback on plans to streamline gold import rules

Fed's fear meter may be pointing to stagnation, rather than stagflation

US dollar rises on positioning moves, but outlook remains bearish

Wall St Week Ahead: Investors seek Fed's view of shaky labor market as rate cut looms

Markets eye Fed rate cut as gold stays near all-time high

Stocks firm on Fed rate cut bets, gold on a tear

Wall Street futures edge lower after rally, indexes set for weekly gains

Bank of Canada to cut rates on September 17, at least one more to follow this year

Dollar regains some ground, still heading for small weekly drop

TSX hits all-time high as investors cheer Canada's plan to fast-track major projects

Stocks rise, dollar falls; U.S. labor softness fuels rate cut bets

Canadian dollar rebounds as US data reinforces Fed rate-cut case

London stocks rise as investors assess corporate earnings, US inflation data

US consumer inflation heats up; weekly jobless claims near four-year high

IMF says Fed has scope to lower interest rates