Reuters Morning Bid

Banned in the USA

The U.S.-Canada trade war is escalating from tariffs to outright import bans, with Washington blocking roughly a billion dollars' worth of Canadian dairy, alcohol, motorc

Yen at Work

Japan's yen surges to seven-month highs as markets price in a near-certain Bank of Japan rate rise, raising fresh questions about the carry trade. Meanwhile, Iran threate

Labor gains

A blowout U.S. jobs report for August keeps pressure on the Fed ahead of Friday's CPI print and a rate decision next week. meanwhile, the ECB is set to hike on Thursday,

Waller's inflation signal

Fed Chair Christopher Waller is urging policymakers to "give disinflation a chance," lowering expectations for a September rate hike. Investors are now watching the Augus

Payrolls pending

Stocks, bonds and oil are steadier as traders look for clues on the U.S. labor market. The yen is jumping again as speculation builds over possible intervention and highe

Bonds strike back

A global bond selloff is gathering pace as war-driven oil prices add to inflation worries. New Zealand kicks off what could be a month of global rate hikes. And strong ea

September jitters

A global bond market rout is deepening as investors fret about rate hikes and worsening fiscal conditions. G20 finance chiefs are gathering as those rising bond yields an

Warsh's big moment

All eyes are on Jackson Hole as Fed Chair Kevin Warsh faces pressure to clarify his thinking on inflation and interest rates. Nvidia's blockbuster outlook reignites the A

Nvidia's growth gamble

Wall Street rewarded Nvidia after another blockbuster quarter and a bold 2027 growth forecast adding fresh fuel to the AI boom. Investors are watching Jackson Hole after

Betting on Nvidia

Hopes that the Strait of Hormuz could reopen are pushing oil prices lower and calming bond markets. Investors are bracing for fresh U.S. inflation data that could shape t

Canada prices in Trump

U.S. President Donald Trump is threatening 50% tariffs on Canadian-made vehicles, testing one of North America's closest economic partnerships. Washington unveiled its an

Carney ride

Mark Carney is vowing dollar-for-dollar retaliation after U.S.-Canada trade talks collapsed late Friday, leaving 50% tariffs on some $20 billion of Canadian imports in pl

Calling Bessent's Bluff?

Bond markets push Treasury Secretary Scott Bessent's buyback strategy to the limit, as yields climb back toward recent highs. U.S. President Donald Trump promises an econ

Bessent's buyback

U.S. Treasury Secretary Scott Bessent expands bond buybacks to calm a market rattled by rising borrowing costs. Meanwhile, America's debt tops $40 trillion for the first

Robot Rally

Bond yields hover near multi-decade highs as investors demand more compensation for holding long-term government debt. U.S. President Donald Trump delayed planned tariff

Bonds come back to bite

Iran says it is shifting to a "fully offensive" military posture sending Brent crude back above $90 a barrel. Thirty-year bond yields are hitting multi-year highs as mark

Retail therapy

A surprise drop in U.S. retail sales has investors asking whether the American consumer is finally losing steam. As Walmart, Home Depot and Target prepare to report earni

Hot yields, cool prices

A second straight soft U.S. inflation report sends the S&P 500 to a fresh record and cuts the odds of a September Fed rate hike to roughly one in three. But there's littl

The debt tab

Inflation cooled as expected, lowering the temperature around the Fed's next move. The U.S. government just sold 10-year debt at its highest auction yield in nearly two d

Banking on CoreWeave

Investors push CoreWeave shares higher after the AI cloud company reported strong results and highlighted more than $100 billion in backlogged orders. Meanwhile, markets