United States

Mutual Fund Center

PRESS DIGEST- British Business - Aug 26

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Fed's Powell vs. Trump: who's got a 'feel' for markets now?

Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.

UPDATE 1-Speculative Eurodollar net longs fall from record high -CFTC

Speculators scaled back record-high bullish positions in Eurodollar futures earlier this week due to reduced expectations of aggressive interest rate-cutting from the Federal Reserve, government data released on Friday showed. Long positions in Eurodollar rates contracts exceeded short positions by 2.005 million contracts, down 61,871 from the previous week's record high level, according

Speculative U.S. 10-year T-note net shorts fall -CFTC

Speculators' net bearish bets on U.S. 10-year Treasury note futures fell in latest week following prior week's massive bond market rally due to recession fears, according to Commodity Futures Trading Commission data released on Friday. The amount of speculators' bearish, or short, positions in 10-year Treasury futures exceeded bullish, or long, positions by 401,804 contracts on Aug. 20, according to the CFTC's latest Commitments of Traders data. A week earlier, spe

Funds & ETF