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Home Currency News

News Highlights : Top Global Markets News of the Day -October 26, 2023 at 09:16 pm EDT

currencycoach by currencycoach
October 27, 2023
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2020 FINANCIAL MARKETS DEPARTMENT HALF YEAR ACTIVITY REPORT
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Tech Selloff Intensifies, Pulling Down Nasdaq 
 

U.S. Treasury yields retreat, U.S. GDP growth comes in hot.


 
Yellen says she doesn't see signs of recession after GDP report 
 

Treasury Secretary Janet Yellen on Thursday said she didn’t see a sign of recession in the U.S., following a strong reading on growth in the third quarter.


 
'Can't take recession for granted' after GDP data: Traders see 2024 Fed rate cuts anyway 
 

Traders in the government-debt and rates markets look past third-quarter GDP data and are focus on chance that the world’s largest economy may lose momentum,


 
U.S. Economy's Summer Surge May Not Last 
 

Gross domestic product grew at a 4.9% annual rate in the third quarter, much stronger than economists were anticipating just a few months ago. But forecasters expect cooling in coming months.


 
Video: What the Latest U.S. GDP Report Means for Inflation 
 

Watch as WSJ’s Dion Rabouin explains what the latest GDP data means for inflation and the odds of a U.S. recession.


 
Western Allies Urge Caution as Israel Moves Closer to Ground Invasion 
 

Planned action could endanger hostages and cause more deaths, but a delay risks demoralizing troops massed at border.


 
U.S. trade deficit in goods widens 1.3%, modest drag for GDP growth in third quarter 
 

The U.S. trade deficit in goods widened 1.3% to $85.8 billion in September, according to the Commerce Department’s advanced estimate released Thursday.


 
ECB Ends Record Run of Rate Increases 
 

The central bank kept interest rates steady as the eurozone economy hovers on the brink of recession.


 
Pending Home Sales Rose in September. Realtors See Sales Slump Ending. 
 

Home sales this year are expected to total 4.15 million, the lowest annual count since 2008, according to a trade group.


 
Climate Activists Want SEC to Copy California, Europe 
 

The lobbying push relates to a controversial proposal to make companies disclose emissions of suppliers and customers.

(END) Dow Jones Newswires

10-26-23 2115ET



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