News Highlights: Top Global Markets News of the Day - Friday at 5 AM ET

China's Industrial Profits Fell in August 
 

China's industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.

 
Inflation Cools Quickly in France, Spain as ECB Mulls Rate-Cut Path 
 

Inflation fell more than expected in both countries, likely giving the ECB more confidence that it can cut its key interest rate without risking a revival of price pressures.

 
German Unemployment Remains Unchanged 
 

Germany's unemployment rate was stable for a fourth straight month in September, despite jobless claims speeding up and still-strong signals of a weak economy persisting.

 
Fed's Inflation Measure Is Out Friday. Expect Another Benign Reading 
 

The central bank's preferred gauge of how fast prices are rising is likely to offer more positive news, allowing officials to keep focusing on jobs as they decide how fast to cut rates.

 
Lower Interest Rates Don't Guarantee a Soft Landing 
 

Even though borrowing costs are falling, many businesses might still face a squeeze.

 
Wall Street Wants More Big Rate Cuts. Fed Officials Don't Agree. 
 

Fed officials are betting that a slow-and-steady series of rate declines will keep the economy humming and inflation in check.

 
Japan Gets a New Leader Who Wants to Remake the U.S. Military Alliance 
 

Newly elected Shigeru Ishiba wants to reshape what he sees as an unequal partnership with the U.S., presaging possible tensions with Washington.

 
The Best Bond Moves to Make Now 
 

Intermediate Treasuries and investment-grade corporate bonds are the sweet spot now, and high-yield bonds and collateralized loan obligations are attractive. Where to find the best returns.

 
Bank of Mexico Cuts Interest Rates for Second Straight Time 
 

The Bank of Mexico cut its benchmark interest rate for the second time in two months and signaled the likelihood of further reductions as inflation eases amid weakness in the economy.

 
U.S. Ports Try Last-Ditch Effort to Force Dockworkers' Union to Bargaining Table 
 

Shipping employers are appealing to federal regulators ahead of threatened dockworker strike next week at gateways from Maine to Texas.

(END) Dow Jones Newswires

September 27, 2024 05:15 ET (09:15 GMT)

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