07:42 AM EDT, 07/19/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Friday ahead of a light data schedule leading into the weekend. State-level unemployment data for June is scheduled to be released at 10:00 am ET, followed by an update to the St. Louis Federal Reserve's gross domestic product Nowcast estimate around midday, the...

(Reuters) - Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling inflation, fuelling a stock market rally. According to LSEG data, investors acquired global equity funds worth a net $26.51 billion during the week, logging their biggest weekly...

WASHINGTON (Reuters) - Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said will represent a consequential change in policy from the pandemic-era battle against inflation to a phase of easing monetary policy. Where the process ends up is uncertain. Shifts in supply and...

NEW YORK (Reuters) - A number of U.S. bond managers at firms in charge of trillions of dollars of assets are steering clear of long-term U.S. government bonds as they expect fiscal worries to spur periodic bouts of volatility. Long-term U.S. Treasury yields, which move inversely to prices, briefly rose on inflationary and fiscal concerns in the aftermath of U.S....