News Highlights: Top Global Markets News of the Day – Wednesday at 3 AM ET


Stocks Rise Ahead of Fed's Rate Decision 
 

Energy shares led gains in the S&P 500.

 
China's Benchmark Lending Rates Held Steady 
 

The one-year loan prime rate remains at 3.45%.

 
The Bank of Japan Just Handicapped a Winning Strategy. What to Know About the Yen Carry Trade. 
 

While the carry trade seems like a sure thing-and it mostly has been-there are still risks.

 
Fed is 'so far from equilibrium' as markets await rate guidance, BlackRock's Rick Rieder says 
 

Investors have been re-evaluating when the Federal Reserve may start lowering interest rates, as the “last mile” of bringing down inflation is proving difficult, according to BlackRock’s Rick Rieder.

 
The Fed Is Playing a Waiting Game on Rate Cuts. The Rules Are Starting to Change. 
 

While investors focus on whether officials project fewer rate cuts, the Fed looks ahead to recession risks.

 
Global Era of Negative Interest Rates Ends 
 

An unorthodox central-bank policy was no panacea for Japan, but some countries found it better than nothing.

 
Calpers to Increase Investments in Private Equity 
 

The California Public Employees’ Retirement System said its board had approved a proposal to increase total private-market allocations to 40% of plan assets from 33%.

 
Russia's Backdoor to the Global Banking System Is Slamming Shut 
 

A major lender in Dubai has scaled back Russia-related business, while Turkish lenders have become more cautious.

 
Natural-Gas Prices Won't Stay Low for Long. An Export Boom Is Coming. 
 

Natural-gas prices hit a low in February. Rising exports and data centers’ constant need for power mean the long-term outlook looks very different, Patti Domm writes.

 
Housing starts rebound in February by largest amount in nine months 
 

Construction of new U.S. homes rebounded 10.7% in February to an annual pace of 1.52 million units, the Commerce Department said Tuesday.

 
 

(END) Dow Jones Newswires

March 20, 2024 03:15 ET (07:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.



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