News Highlights: Top Global Markets News of the Day - Thursday at 5 AM ET
What the End of Negative Rates Means for Japan
The world's fourth-largest economy is entering a new era, and there's a lot at stake.
America's Economy Is No. 1. That Means Trouble.
Solid growth, big deficits and a strong dollar stir memories of past crises.
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country's economy may have turned a corner and confirming a similar upbeat sentiment reading this week.
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia's fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations leading up to its April 10 policy decision.
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 - but a wider trade deficit could throw up a roadblock.
Days Ahead of Xi's Visit, EU Investigations Add to Pressure on Strained China Relations
The EU has launched two new probes into allegations of unfair Chinese business practices, days ahead of a visit from Chinese President Xi Jinping.
Main Street Banking Model Is Being Squeezed
First-quarter results at regional banks show the uneven toll of higher interest rates.
(END) Dow Jones Newswires
April 25, 2024 05:15 ET (09:15 GMT)
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