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WebMorning Bid: Seems payrolls isn’t the data you are looking for
42+ min ago (403+ words) A look at the day ahead in European and global markets from Stella Qiu U.S. Federal Reserve Governor Christopher Waller overnight urged markets to “give disinflation a chance” as global bond yields fly. And with that, markets are back to pricing…...
South Korea says chip investments under discussion with US amid tariff concerns
51+ min ago (270+ words) By Heejin Kim and Hyunjoo Jin SEOUL, Sept 4 (Reuters) – South Korea and the United States are discussing semiconductor investments in the U.S. as part of broader bilateral talks, a Seoul official told reporters on Friday. The presidential official was responding…...
US job growth expected to rebound in August; unemployment rate forecast steady at 4.1%
1+ hour, 10+ min ago (765+ words) WASHINGTON, Sept 4 (Reuters) – U.S. payrolls growth likely rebounded in August as the drag from local government education reversed, but the anticipated recovery could be limited by job losses related to the termination of Temporary Protected Status for Haitian immigrants. The…...
Asian shares climb ahead of US jobs data, Fed’s Waller soothes bonds
2+ hour, 41+ min ago (684+ words) SYDNEY, Sept 4 (Reuters) – Asian shares rose on Friday as investors embraced a global rally before crucial U.S. jobs data, while bonds found some much needed relief after a top Federal Reserve official cooled rate hike fears and dragged the dollar…...
US official directs Fannie Mae, Freddie Mac to approve VantageScore for all lenders
2+ hour, 32+ min ago (294+ words) WASHINGTON, Sept 3 (Reuters) – U.S. Director of Federal Housing Bill Pulte said on Thursday he directed Fannie Mae and Freddie Mac, created by the U.S. Congress to support the housing market, to approve all lenders to use credit scoring system…...
Japan budget requests swell to pandemic-era scale under Takaichi agenda
3+ hour, 4+ min ago (465+ words) (Corrects number in paragraph two to 143.1 trillion yen from 143.66 trillion yen, and its dollar conversion) By Makiko Yamazaki and Takaya Yamaguchi TOKYO, Sept 4 (Reuters) – Japan’s budget requests for the next fiscal year have ballooned to a size similar to during…...
Milei vows tougher sanctions, defense push over Falklands oil drilling
3+ hour, 22+ min ago (332+ words) BUENOS AIRES, Sept 3 (Reuters) – Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country’s south and send Congress a bill aimed at strengthening…...
Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensions
3+ hour, 47+ min ago (279+ words) SINGAPORE, Sept 4 (Reuters) – Oil prices rose on Friday and are on track for the steepest weekly gain since mid-July as rising tensions and renewed U.S.-Iran hostilities heightened concerns over Middle East supply risks. Brent crude futures rose 15 cents, or…...
US auto safety regulator says evaluating Tesla’s Cybercab rollout
3+ hour, 54+ min ago (158+ words) SAN FRANCISCO, Sept 3 (Reuters) - U.S. auto safety agency NHTSA is evaluating Tesla's rollout of Cybercab robotaxis, a spokesperson said on Thursday, as the electric vehicle maker started offering rides in limited areas of Austin, Texas. The Cyb... SAN FRANCISCO, Sept 3 (Reuters)…...
Yen headed for strongest week in a month, dollar flat ahead of payroll data
3+ hour, 36+ min ago (474+ words) By Jiaxing Li and Ankur Banerjee HONG KONG, Sept 4 (Reuters) – The Japanese yen clung to its gains against the U.S. dollar on Friday and was on track for its strongest week in more than a month, as traders ramped up…...