As Bank of Canada quells sub-zero rates talk, next move may be a hike in 2022
Investors, looking past the COVID-19 pandemic, are betting that the Bank of Canada could be among th
FINANCE slonik June 21, 2020
Italy PM says budget deficit likely to rise further amid pandemic
Italy's budget deficit, currently projected to reach 10.4% of domestic output this year, is likely tFINANCEslonik June 21, 2020Changing of guard at top German court signals de-escalation for ECB
Changes to the composition of Germany's top court are likely to make it less confrontational towardsFINANCEslonik June 21, 2020Here are five charts that track how the U.S. economy is recovering from coronavirus
With states continuing to lift coronavirus restrictions, people across the U.S. have felt more comfoFINANCEslonik June 21, 2020Saudi Arabia to launch $4 billion tourism development fund
Saudi Arabia plans to start a tourism development fund with an initial capital investment of $4 billFINANCEslonik June 21, 2020Inflation dog may finally bark, investors bet
Gold, forests, property stocks, inflation-linked bonds - these are just some of the assets investorsFINANCEslonik June 21, 2020$30,000 a week RV rentals seeing ‘unbelievable’ demand
Forget Italy or the Maldives. This summer it seems everyone is hitting the open road. RV dealers acrFINANCEslonik June 20, 2020Here’s what the market is saying about rising coronavirus cases and the economy
Florida, once positioned to be an exemplar among states preparing to relax lockdowns, has now becomeFINANCEslonik June 20, 2020Wall Street Week Ahead: London index reshuffle to give healthcare stocks a bigger profile
The U.S. healthcare sector looks set for a bulked up profile in growth indexes when FTSE Russell recFINANCEslonik June 20, 2020Point/Counterpoint: The Case for the Euro
Europe’s relative success in beating back the novel coronavirus and its economic damage, plus a hoFINANCEslonik June 20, 2020Economists trim Canada’s April GDP estimates after grim data
Economists cut their estimates for Canada's April GDP numbers on Friday, after a plunge in retail saFINANCEslonik June 19, 2020U.S. economy will likely need more support, Fed’s Rosengren says
The continued spread of the novel coronavirus could hamper the U.S. economic rebound from the pandemFINANCEslonik June 19, 2020Alitalia says it is charged higher fees by airports than foreign rivals
Alitaliasaid on Friday it was being charged higher fees by airports in Italy than its foreign competFINANCEslonik June 19, 2020Virus Impact to Guide Fed Stance on Bank Dividends, Quarles Says
Wall Street banks should brace for their dividends to be influenced by adjustments to the annual strFINANCEslonik June 19, 2020Russia’s economy contractions slows down to 10.9% in May
Russia's economy declined by 10.9% in May, year-on-year, data showed on Friday, following a sharperFINANCEslonik June 19, 2020Powell Honors Juneteenth, Says Downturn Worsening Inequity
Federal Reserve Chairman Jerome Powell said the coronavirus-induced slump has worsened economic ineqFINANCEslonik June 19, 2020Argentina, creditors dance around debt deal as temperature rises
Argentina's debt deal was hanging in the balance on Friday, with creditors and the government at anFINANCEslonik June 19, 2020Fed’s Kashkari says U.S. economic recovery could take longer than hoped
There could be a second wave of coronavirus infections in the fall - a shift that would increase theFINANCEslonik June 19, 2020Fed’s Rosengren reports ‘tremendous interest’ from businesses for loan program
The Federal Reserve is seeing high demand for its business loan initiative put in place to help smalFINANCEslonik June 19, 2020Trump Farm Bailouts Raise Risks of Reprisals From Trade Partners
President Donald Trump’s billions in bailout payments for farmers probably pushed the U.S. pasFINANCEslonik June 18, 2020Bank of Canada says economy facing prolonged, uneven recovery
The Bank of Canada sees the Canadian economy facing a prolonged and uneven recuperation period withFINANCEslonik June 18, 2020Fed’s Bullard says U.S. economy not out of the woods yet
St. Louis Federal Reserve bank President James Bullard said on Thursday that he is hopeful the worstFINANCEslonik June 18, 2020Watchdogs, White House at odds over scrutiny of pandemic aid
When Congress approved $2 trillion pandemic aid in March, many Democratic and Republican lawmakers aFINANCEslonik June 18, 2020IMF official says hopeful Argentina, creditors can reach agreement soon
The International Monetary Fund is not party to discussions between Argentina and its creditors, butFINANCEslonik June 18, 2020Top economists want to swap those $600 unemployment benefits with up to $400 a week
Lawmakers should replace a $600 unemployment supplement for jobless workers with a maximum $400 a weFINANCEslonik June 18, 2020Deutsche Bank to pay $10 million over spoofing charges, reporting failures: CFTC
Deutsche Bank AG (DE:DBKGn) will pay more than $10 million to settle federal court charges of marketFINANCEslonik June 18, 2020U.S. labor market recovery stalling; second wave of layoffs underway
The number of Americans filing for unemployment benefits fell last week, but the pace of decline appFINANCEslonik June 18, 2020Jobless claims total 1.5 million, worse than expected as economic pain persists
Weekly jobless claims stayed above 1 million for the 13th consecutive week as the coronavirus pandemFINANCEslonik June 18, 2020Taiwan central bank holds fire on rates, cuts growth outlook again
Taiwan's central bank unexpectedly left its policy rate unchanged on Thursday but further reduced itFINANCEslonik June 18, 2020Stocks making the biggest moves midday: Norwegian Cruise Line, Nikola, Oracle, Beyond Meat & more
Carnival, Norwegian Cruise Line, Royal Caribbean Cruises — Shares of cruise lines dropped on WFINANCEslonik June 17, 2020The Fed will move away from ETFs to direct corporate bond purchases, Powell says
The Federal Reserve’s landmark corporate bond buying program eventually will entail mostly indFINANCEslonik June 17, 2020Got change? There’s a coin shortage because of coronavirus stopping the flow of physical currency
Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the circulation of physical cFINANCEslonik June 17, 2020PepsiCo’s Aunt Jemima brand to change name, logo
PepsiCo Inc's Aunt Jemima pancake mix will change its name and image in an effort by the brand to diFINANCEslonik June 17, 2020UK eyes billion pound boost from Australia, New Zealand trade deals
Britain said its exports could increase by a billion pounds as a result of the trade deals it is seeFINANCEslonik June 17, 2020Euro zone banks face significant climate-related risks, ECB says
Euro zone banks face significant climate-change related risks and must build capacity now to manageFINANCEslonik June 17, 2020Israel central banker `comfortable’ with interest rates, won’t rule out more cuts
Israeli monetary policymakers are content with the current level of interest rates and would weigh uFINANCEslonik June 17, 2020Spain’s economy recovering as jobs numbers grow, minister says
Spain's economy has started to recover after the severe impact of the coronavirus pandemic, EconomyFINANCEslonik June 17, 2020Wall Street rally wins more fans as economy hints at recovery
Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped rFINANCEslonik June 17, 2020U.S. May retail sales surge 17.7% in the biggest monthly jump ever
Retail sales shattered already-lofty expectations for May as consumers freed from the coronavirus-inFINANCEslonik June 16, 2020Powell says the Fed doesn’t want to ‘run through the bond market like an elephant’
Federal Reserve Chairman Jerome Powell told a Senate committee on Tuesday that the central bank&rsquFINANCEslonik June 16, 2020This unemployment metric has puzzled some economists
Amid the recent good news about stronger-than-expected job growth in May, some economists have eyedFINANCEslonik June 16, 2020Fed-backed credit market gives investors a reason not to worry even as volatility returns to stocks
The credit market, which seized up during the start of the coronavirus turmoil in the financial markFINANCEslonik June 16, 2020For U.S. blacks, Latinos, no sign of a broadly rising tide
The protests sparked by the killing of George Floyd by Minneapolis police have opened a broader discFINANCEslonik June 15, 2020Dow futures sink 600 points as market pullback continues, airline and retail shares decline
Stock futures dropped in early trading on Monday, pointing to more losses ahead as investors grappleFINANCEslonik June 15, 2020A burst of market volatility is just starting, National Securities’ Art Hogan warns
Investors may want to hold on tight. National Securities’ Art Hogan warns the volatility bursFINANCEslonik June 15, 2020Systemic racism slows economic growth: Dallas Fed chief Kaplan
Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on theFINANCEslonik June 14, 2020Germany earmarks $563 million to boost training
Germany plans to make 500 million euros ($563 million) available to firms to prevent a collapse in cFINANCEslonik June 14, 2020Don’t let the corona-crisis go to waste, ECB tells Italy
Italy must not let the economic crisis wrought by the coronavirus pandemic "go to waste" and shouldFINANCEslonik June 13, 2020$600 unemployment benefits are ‘life-saving’ for this waiter: ‘I’m right at the edge’
Matt Marfoglia was living paycheck to paycheck before the coronavirus pandemic. Now, while unemployeFINANCEslonik June 13, 2020Pro traders scramble for protection in ‘warp speed’ market, spur quadrupling of S&P 500 hedge cost
Traders baffled by the unprecedented market whipsaw are scrambling to buy protection against more roFINANCEslonik June 13, 2020Mexico sheds 344,500 formal jobs in May to push coronavirus losses above 1 million
Mexico's economy shed 344,526 formal jobs in May because of the novel coronavirus pandemic, pushingFINANCEslonik June 13, 2020The Fed’s economic forecasts are all over the map, a sign of how uncertain these times are
The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain, witFINANCEslonik June 12, 2020Britain’s Johnson says wasn’t surprised by economic plunge
British Prime Minister Boris Johnson said figures showing the economy had plunged by a quarter in thFINANCEslonik June 12, 2020Dutch cenbank chief Knot positive on European spending plan
While the Dutch government has been a prominent sceptic of a plan for the European Union to spend 75FINANCEslonik June 12, 2020Germany hopes stimulus measures will drive second-half recovery
Germany can avoid a second wave of the coronavirus pandemic and a new 130 billion euro ($147 billionFINANCEslonik June 12, 2020U.S. import prices increase more than expected
U.S. import prices rebounded more than expected in May, which could further diminish fears of deflatFINANCEslonik June 12, 2020Trump blasts Fed for being ‘wrong so often,’ says 2021 will be ‘one of our best ever years’
President Donald Trump on Thursday launched his first attack against the Federal Reserve in months,FINANCEslonik June 11, 2020