off-the-wire

Fed's Waller: Rate cuts should be considered by July given inflation data - CNBC

WASHINGTON, June 20 (Reuters) - The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact that any price shock from import tariffs will be short lived, Fed governor Chris Waller said on Friday.

Jun 20, 2025 - 9:27 AM

Wall St Week Ahead Stocks take a breather as investors assess geopolitics, economic data

NEW YORK, June 20 (Reuters) - Investors will focus on the Israel-Iran conflict and U.S. economic data releases next week to assess the near-term outlook for stocks, as the S&P 500 hovers just below its February highs.

Jun 20, 2025 - 9:14 AM

Trump's economic 'golden age' meets Fed's brass tacks

WASHINGTON, June 20 (Reuters) - President Donald Trump's inauguration promise in January that "the golden age of America begins right now" remains unfulfilled in the outlook of Federal Reserve officials who so far see his policies slowing the economy, raising unemployment and inflation, and clouding the horizon with a still-unresolved tariff debate that could deliver a fresh shock in coming weeks.

Jun 20, 2025 - 9:12 AM

Sterling set for weekly loss as Middle East conflict overshadows domestic data

June 20(Reuters) - Sterling gained slightly against the dollar on Friday but was set for a loss on the week as uncertainty over the Israel-Iran conflict fuelled demand for traditional safe havens such as the greenback.Weak UK retail data earlier in the session and the Bank of England's decision on Thursday to keep rates unchanged had little effect on the pound.Sterling was 0.2% higher at $1.3495 but eased 0.6% against the dollar on the week, after two consecutive weeks of gains.The dollar was set for its biggest weekly rise in more than a month on Friday.

Jun 20, 2025 - 9:08 AM

Dollar set for weekly rise as Middle East conflict fuels safe-haven demand

June 20 (Reuters) - The dollar was set for its biggest weekly rise in more than a month on Friday, as uncertainties about a raging war in the Middle East and the potential repercussions for the global economy fuelled an appetite for traditional safe havens.

Jun 20, 2025 - 9:05 AM

Gold poised for worst week in a month as US rate cut expectations ease

June 20 (Reuters) - Gold prices fell on Friday and were poised for their worst weekly performance in more than a month after the Federal Reserve tempered expectations for rate cuts and on a temporary easing of concerns about an imminent U.S. attack on Iran.

Jun 20, 2025 - 9:00 AM

Canada could slap more duties on US steel and aluminum, says Carney

OTTAWA, June 19 (Reuters) - Canada could increase counter-tariffs on U.S.-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on Thursday.

Jun 19, 2025 - 4:02 PM

Citi sees oil prices of $75-$78/bbl if war disrupts 1.1 mln bpd of Iran's oil exports

June 19 (Reuters) - An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if the war disrupts 1.1 million barrels per day (bpd) of Iranian oil exports, analysts at Citibank said on Thursday.

Jun 19, 2025 - 3:42 PM

London stocks fall as BoE keeps rates on hold; Middle East tensions persist

June 19 (Reuters) - London stocks dropped to an over two-week low on Thursday as the Bank of England left borrowing costs unchanged, while the raging conflict in the Middle East kept risk-taking in check.The benchmark FTSE 100 (.FTSE), closed down 0.6%, with a stronger pound adding additional pressure on the index.Trading was thin as U.S. markets are shut for a public holiday.Israel and Iran's aerial attacks continued as U.S. President Donald Trump kept the world guessing about whether the U.S. would join Israel in air strikes on Tehran.

Jun 19, 2025 - 12:58 PM

Oil, war and tariffs tear up markets' central bank roadmap

LONDON, June 19 (Reuters) - Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs, Middle East conflict and a shaky dollar make global monetary policy and inflation even harder to predict.

Jun 19, 2025 - 11:38 AM

Dollar holds steady as Middle East keeps investors jittery

LONDON, June 19 (Reuters) - The dollar edged up on Thursday as the threat of a broader Middle East conflict loomed over markets, while a raft of rate decisions in Europe highlighted the difficulty central bankers have in dealing with heightened uncertainty.

Jun 19, 2025 - 11:10 AM

TSX dips on Middle East conflict concerns

June 19 (Reuters) - Canada's main stock index fell on Thursday, as caution prevailed over heightened tensions in the Middle East and the United States' possible involvement in the conflict.The S&P/TSX composite index <.GSPTSE> was down 0.2% at 26,510.63 points.Israel bombed nuclear targets in Iran on Thursday and Iranian missiles hit an Israeli hospital overnight, as the week-old air war escalated with no sign yet of an off-ramp.President Donald Trump, meanwhile, has kept the world guessing about whether the U.S. would join Israel in the airstrikes.

Jun 19, 2025 - 11:00 AM

off-the-wire

Fed's Daly says a rate cut in the fall could be appropriate

Fed split over whether to hedge on inflation, proceed with cuts

Canada's retail sales up in April, likely to post big drop in May

Canadian dollar extends weekly decline as evidence mounts of economy slowing

Gold poised for weekly loss as US delays decision on Middle East involvement

Dollar softer vs. pound, euro with Middle East conflict in focus

Oil dives, stocks rally after Trump Middle East pause

Wall St futures inch lower as Middle East war enters second week

Fed's Waller: Rate cuts should be considered by July given inflation data - CNBC

Wall St Week Ahead Stocks take a breather as investors assess geopolitics, economic data

Trump's economic 'golden age' meets Fed's brass tacks

Sterling set for weekly loss as Middle East conflict overshadows domestic data

Dollar set for weekly rise as Middle East conflict fuels safe-haven demand

Gold poised for worst week in a month as US rate cut expectations ease

Canada could slap more duties on US steel and aluminum, says Carney

Citi sees oil prices of $75-$78/bbl if war disrupts 1.1 mln bpd of Iran's oil exports

London stocks fall as BoE keeps rates on hold; Middle East tensions persist

Oil, war and tariffs tear up markets' central bank roadmap

Dollar holds steady as Middle East keeps investors jittery

TSX dips on Middle East conflict concerns