News Highlights: Top Global Markets News of the Day

Global Stocks Rise, With All Eyes on the Fed

Stocks climbed at the end of a week dominated by central-bank policy, with a closely watched speech expected from Federal Reserve Chairman Jerome Powell later in the day.

Central Bankers' Jackson Hole Retreat: A Cheat Sheet

Here is a rundown of attendees and what to expect during the annual economic gathering in Jackson Hole, Wyo., kicking off Thursday evening.

Kaplan: Risks From Global Growth, Trade Uncertainty Could Mean Rate Cut

Dallas Fed President Robert Kaplan said he supported the central bank's move to cut its benchmark interest rate by a quarter point last month-and is open to another reduction in the months ahead.

Three Fed Officials Offer Diverging Views on Rate Cuts in TV Interviews

Three Fed officials offered diverging views on the path for monetary policy in television interviews, with two skeptical over the need for lower rates and a third open to a further cut by the central bank.

Both Bonds and Equities Could be Sending the Right Signals - Columbia Threadneelde

Bond and equity markets are telling investors different stories, with the former indicating more gloom and the latter still rallying, said Columbia Threadneedle Investments' experts at a press event in Frankfurt. The following is a selection of their insights covering bonds, stocks and monetary policy.

U.S. Factory Activity Slowed in August

The IHS Markit manufacturing purchasing managers index fell to 49.9 in August, dropping below 50 for the first time in about a decade.

U.S. Government Bonds Send Warning About Slowing Growth

U.S. government bonds sent a fresh warning about the economy Thursday after a report showed that manufacturing activity slowed this month to the lowest in almost 10 years. That data led the yield on the 10-year note to fall below the yield on the two-year note.

ECB Minutes Back Up Signals of Broad Stimulus Package

European Central Bank officials gave a further signal that they would launch a big stimulus package next month, which could include rate cuts and asset purchases, in an effort to arrest the region's economic slowdown.

U.S. Stocks Waver on Disappointing Manufacturing Data

The S&P 500 stalled after weaker-than-expected manufacturing data raised fresh worries over the health of the economy.

Mexico's Consumer Prices Fell in Early August

Mexico's consumer prices slipped unexpectedly in the first half of August thanks to lower food and energy costs, bringing the annual inflation rate to its lowest level since 2016 and closer to the central bank's 3% target.


  (END) Dow Jones Newswires
  08-23-19 0515ET
  Copyright (c) 2019 Dow Jones & Company, Inc.

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