China stimulus adds to reasons to stay long AUD – UBS
Investing.com – The news of additional Chinese stimulus proved a clear fillip for risky assets, noted UBS, and has provided…
Volatility in EUR/GBP currency pair to remain supressed – UBS
Investing.com — The European Central Bank and Bank of England will likely adopt “similar” upcoming monetary policy stances, although the BoE…
Global debt hits record $312 trillion, climate finance a challenge, banking trade group says
NEW YORK (Reuters) – Global debt hit a record high of $312 trillion at the end of the second quarter,…
US new home sales fall in August; median house price drops
WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell in August, but declining mortgage rates and house prices could…
Six ECB governors say they support UniCredit-Commerzbank deal in principle
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – Six European Central Bank policymakers told Reuters they were broadly in…
ECB to cut at a faster rate to support the economy – HSBC
Investing.com – With eurozone activity indicators surprising to the downside and concerns over inflation gradually dissipating, HSBC sees the European…
Harris to propose manufacturing incentives in speech to Pittsburgh business group
By Nandita Bose and Gabriella Borter (Reuters) – U.S. Vice President Kamala Harris on Wednesday plans to propose new incentives…
This US city is at the ‘highest real estate bubble risk’ says UBS
Investing.com — Miami now holds the highest real estate bubble risk among global cities, according to the UBS Global Real…
Column-Fed’s steer as important for markets as policy action: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – As former Federal Reserve Chair Ben Bernanke used to quip, “monetary policy is…
Vanguard’s new CEO eyes fixed income offering expansion
By Davide Barbuscia NEW YORK (Reuters) – Vanguard’s new chief, Salim Ramji, said on Wednesday that he plans to expand…