The Latest Breaking News from Interest Rates

The random-length lumber futures contract has faded into history, and the smaller physical contract is now the only route for hedging and speculation in the wood market. Over the past weeks, physical lumber futures have traded around the $500 per 1,000 board feet level, but the new contracts have attracted…

THE claim by the Bank of England's top economist that people in the UK need to accept they are poorer is part of a “conspiracy is against working…

Oil prices held steady on Tuesday as investors weighed strong holiday travel in China that could boost fuel demand against the prospect of rising interest rates elsewhere, slowing economic growth. Brent crude fell 3 cents to $82.70 a barrel at 0620 GMT, while US West Texas Intermediate crude also eased…

The dollar index is a mirage as it only measures the U.S. dollar’s value against the other world reserve currencies. Reserve currencies are freely exchangeable, and while they move higher and lower against each other in a free and transparent global foreign exchange marketplace, governments and monetary authorities routinely intervene…

June S&P 500 futures (ESM23) are down -0.21%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.18% this morning as market participants geared up for earnings results from some of the biggest tech heavyweights as well as U.S. economic data that could shed more light on the future path…

Oil prices fell on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of tighter supplies on OPEC+ supply cuts. Brent crude slipped 75 cents, or 0.92%, to $80.91 a barrel by 0409 GMT, while US West Texas…

The Reserve Bank review wants to remove economic prosperity as an objective of monetary policy, with some economists arguing house prices and household debt are outside its domain.

First-quarter results for the UK’s big four will vary by exposure to volatile markets, but the boost from high interest rates won’t last

Growing uncertainty over inflation, rising interest rates and changes to the building code have been blamed for North Queensland having the worst dip in new housing builds across the state.