Hannon's Take: Fed Uncertainty Claims First Central Bank Victim

Bank Indonesia unexpectedly lifted interest rates as it looks to bolster its tumbling currency. It is unlikely to be the last amid a global pivot to the U.S. delaying rate cuts. 


 
Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons

U.S. and German two-year government bond auctions on Tuesday received strong demand, even as investors' motivation to bid diverged as U.S. and eurozone interest-rate cut expectations are moving apart. 


 
Lloyds Banking Keeps Outlook as Net Interest Margin Tops Hopes

Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits. 


 
HKEX's Profit Falls for Second Straight Quarter on Weak Trading, Listings

HKEX posted lower trading volume during the quarter, with headline average daily turnover sliding 22% as geopolitical tensions and macroeconomic volatility continued to weigh on market sentiment. 


 
Grant's Take: The Travel Bug Is Keeping the U.S. Economy Strong

The U.S. economy keeps humming along, and strong travel demand is a key reason why. 


 
Financial Services Roundup: Market Talk

Max Financial Services, Lloyds Banking Group and more in the latest Market Talks covering Financial Services. 


 
Visa's stock gains after earnings, as one simple message resonates

Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings beat and showed off continued growth in spending. 


 
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off

A first cut in the Bank of England's key interest rate remains some way off, its chief economist said. 


 
Cathie Wood's Popular ARK Funds Are Sinking Fast

Investors have pulled a net $2.2 billion from ARK's active funds this year, topping outflows from all of 2023. 


 
Fundamental Advisors Seeks $1.5 Billion to Invest in Municipal Assets

Fundamental Advisors aims to collect $1.5 billion to buy assets such as senior-care properties, where the credit specialist sees opportunities despite increased scrutiny of private-equity investments in healthcare, people familiar with the matter said.


(END) Dow Jones Newswires

04-24-24 1115ET