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US Treasuries rallied after a strong note auction and data revealed the world’s top economy shrank at the start of the year, reinforcing bets the Federal Reserve will lower interest rates twice by early 2026. US government debt extended gains Thursday after the Treasury Department received robust demand for a sale of new notes. Investors…
(Bloomberg) — The manager of the Federal Reserve’s massive portfolio of securities said the central bank’s effort to reduce the size of its balance sheet is beginning to place pressure on the market for repurchase agreements. That pressure likely means the Fed’s tools for controlling short-term interest rates will become increasingly important, Roberto Perli, manager…
Ahmedabad (Gujarat) [India], May 18 (ANI): Adani Defence & Aerospace has signed a binding collaboration agreement with Sparton (DeLeon Springs LLC), a group company of Elbit Systems and a leading provider of advanced Anti-submarine warfare systems. According to a statement from the Adani Group company on Sunday, this partnership marks a significant step toward localizing…
Reliance Power share price jumped over 3% on Friday after the company’s subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), signed a 25-year long-term Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). Reliance Power shares gained as much as 3,90% to ₹41.54 apiece on the BSE. At 10:45 AM, Reliance…
NEW YORK -The dollar headed for its first weekly gain since mid-March on Friday after China granted some tariff exemptions for U.S. imports, raising hopes that the trade war between the world’s two largest economies may be closer to abating. The U.S. currency has been whipsawed this week by conflicting signs for a thaw in…
NEW YORK (Reuters) -Oil prices fell nearly 3% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained concerned about economic headwinds from tariffs which could curb demand for fuel. Brent crude futures were down $1.93, or 2.8%, at $66.03 a barrel by 12:49 p.m. EDT (1448 GMT), after…
US stock indices edged higher on Tuesday after President Donald Trump hinted at potential exemptions for the 25% tariffs imposed on imports of autos and auto parts. But, worries overnew tariffs on pharma and semiconductor imports kept investors on edge. According to Federal Register filings, the Trump administration was proceeding with probes into imports of…