CTA positioning in US equities reaches its limit: Rubner Investors not ‘positioned for a further move higher’: Rubner Traders should watch for stock market weakness later this summer as positioning in US equities reaches its limit, according to Scott Rubner, global...

CPI came in below forecasts in May, stoking market rally Traders priced in two Fed cuts in 2024, first in November A key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve officials looking for signs that...

Consumer price index rose modestly for a fourth month Factory-gate prices in deflation streak since late 2022 China’s consumer prices rose less than expected in May and factory prices dropped for the 20th month in a row, stoking concerns over persistently weak demand....

South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three years, a weak outcome that may support the case for authorities to consider adjusting policy. The number of new jobs increased by 80,000 in...

Banks selling quality assets first to avoid big losses: Murray Pimco has been amassing property portfolios for 18 months Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real...

Indexes in mainland China, Hong Kong among top losers in Asia Weak travel spending data, geopolitical risks hurt sentiment Chinese stocks dropped after traders returned from a long weekend as a slew of negative developments weighed on sentiment. The CSI 300 Index of...

Inventories revised to show slightly bigger contribution Net exports tweaked a tad to reflect larger drag on growth Japan’s economy showed scant sign of a clear recovery with its narrower-than-first-estimated contraction leaving plenty of reason for continued caution...

Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...

MANILA, Philippines — Nomura Global Markets Research slashed its inflation forecasts for the Philippines in the next two years due to the reduction of import tariffs on rice to 15 percent from 35 percent. Research analysts Euben Paracuelles and Nabila Amani said...

US consumer borrowing increased in April by less than forecast as credit-card balances declined for the first time in three years. Total credit rose $6.4 billion after a downwardly revised $1.1 billion decrease in March, according to Federal Reserve data released...

Read the story US apartments were supposed to be an ironclad investment, with potential for double-digit returns as the housing shortage propels rents ever higher. Instead, a blowout in multifamily building loan deals have left some retail investors in a world of...

Syndicators made big purchases that are unraveling with high interest rates, adding distress to an already troubled US property market. Lynn Nathe was growing tired of the meager gains from her family’s retirement account. In late 2021, she invested $200,000 with a...

The pay gap between job stayers and job changers narrowed in May in the latest sign that the US labor market is cooling from a hot start to 2024. New data from ADP released Wednesday showed that the median year-over-year pay increase for job switchers fell to 7.8% in...

Rising imports were offset by higher exports and inventories Household savings slid to 0.9% from downwardly revised 1.6% Australia’s economy all-but stalled in the first three months of the year as elevated interest rates and cost of living pressures weighed heavily...