Wall Street gears up for ‘pivotal’ three days for US markets
Deluge of economic data, corporate earnings and tariffs news could set the tone for the remainder of the year
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The Fed is unlikely to cut rates, but this week’s meeting is packed with intrigue
Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.
US companies use hot markets to slash borrowing costs on risky loans
Repricing activity hits record high of $153bn in July in latest sign of investor optimism
IMF upgrades global growth forecast on signs of reduced trade war impact
Fund says weaker US dollar has helped lessen effect of Donald Trump’s tariffs
Baker Hughes seals $13.6bn deal to buy Chart over the head of rival suitor
Acquisition displaces earlier agreement to merge with competitor Flowserve
The race for the future of cross-border payments
Projects that aim to innovate correspondent banking should be seen as a geopolitical, not just technical, imperative