flash-finance

A stronger-than-anticipated increase in US jobs drove stocks and short-dated bonds lower, with traders boosting their bets the Federal Reserve will raise rates this month.

The dollar slid to start September as mixed signals on the Federal Reserve’s next move kept traders on edge ahead of a pivotal inflation report, while a surging yen reverberated across global currency markets.

US equity funds record second weekly outflow on Iran tensions, high yields Reuters

Bond yields jumped and stocks dipped after a strong August jobs report.

Shares of Fair Isaac Corp., Equifax Inc. and TransUnion tumbled on Friday after Federal Housing Finance Agency Director Bill Pulte renewed his long-standing criticism of the costs of consumer credit scores.

UK chancellor refuses to rule out higher taxes on banks in his first Budget, but tells FT he will press ahead with City deregulation drive

The global bond selloff is proving no wrecking ball for Wall Street, repricing the cost of money without setting off the usual scramble out of risk assets.

Hedge funds turned the most bullish on Brent crude since May as a fresh spate of fighting between the US and Iran heightened concerns about prolonged disruptions to energy flows through the Strait of Hormuz.

And markets like it

A stronger-than-anticipated increase in US jobs drove stocks and short-dated bonds lower, with traders boosting their bets the Federal Reserve will raise rates this month.