US Default Scenarios Span From Localized Pain to Dimon’s ‘Panic’
Investment bank clients are peppering Wall Street with questions about what happens if the US Treasury in coming
2023-05-23 07:29
Asia Stock Futures Edge Up in Shadow of Debt Talks: Markets Wrap
Asian equity futures showed small gains while contracts for US benchmarks inched higher as investors awaited word from
2023-05-23 06:25
The Fear Premium in Bills Is Growing as Debt-Cap Fight Drags On
Investors have jacked up sharply the premium they demand to hold US paper that’s most at risk of
2023-05-23 04:56
Argentina Introduces 2,000 Peso Banknote. It’s Worth $4
Argentina introduced its largest-denomination banknote on Monday as inflation running at more than 100% a year forces the
2023-05-23 02:57
Mexico’s Foreign Investment Surges 48% as Nearshoring Booms
Mexico’s foreign direct investment rose 48% in the first quarter from regular flows recorded during the same time
2023-05-23 01:53
ECB Not Done Raising Rates, Should Keep Them High, De Cos Says
The European Central Bank still has some way to go to raise borrowing costs, which should remain high
2023-05-23 01:49
Israel Extends Record-Long Rate Hikes After Politics Hurt Shekel
Israel delivered an unprecedented 10th consecutive interest-rate hike, with a top central banker saying political uncertainty linked to
2023-05-23 00:48
Danish Housing Is Stable After ‘Quite a Fall,’ Governor Says
Denmark may have seen the worst of its housing-market slump and any economic impact should prove less painful
2023-05-22 23:25
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Federal Reserve Bank of St. Louis President James Bullard backed two more 2023 interest-rate increases and his Minneapolis
2023-05-22 22:47
FX Boss Convicted of Fraud Over Fake London Investment Firm
The boss of a London FX firm was found guilty of seven counts of fraud for his role
2023-05-22 20:59
Ghana Hits Pause on Interest-Rate Hikes After IMF Deal Clinched
Ghana’s central bank paused its steepest phase of monetary tightening, after clinching a $3 billion lifeboat from the
2023-05-22 19:58
Italy Avoids Moody’s Downgrade in Boost for Meloni
Italy won’t lose its investment-grade status at Moody’s Investors Service for now after the company chose not to
2023-05-22 17:55