Latest news with #JackMcIntyre
Yahoo
5 days ago
- Business
- Yahoo
Treasury Yields Hold Near Month High as Traders Await Producer Price Data
(Bloomberg) -- US Treasuries rose for the first time in a week after lower-than-estimated producer prices data soothed fears that tariff-stoked inflation will push back Federal Reserve interest rate cuts. The Dutch Intersection Is Coming to Save Your Life Advocates Fear US Agents Are Using 'Wellness Checks' on Children as a Prelude to Arrests LA Homelessness Drops for Second Year Manhattan, Chicago Murder Rates Drop in 2025, Officials Say Yields dipped across maturities, led by long-dated bonds with the 30-year's dropping two basis points to around 5%. It crossed that level on Tuesday for the first time since early June. The producer price index for June was unchanged from upwardly revised May levels, adding a new wrinkle to the inflation outlook. Traders slightly added to bets that the Fed will start to cut rates in September, with interest-rate swaps showing the chance of a reduction around 54%. A quarter-point cut by October is fully priced in. 'Right now, any signs of inflation being tame is a welcome relief for the long-end of the curve,' said Jack McIntyre, a portfolio manager at Brandywine Global Investment Management. :The pain trade trade feels like for lower yields in the long-end.' Data released Tuesday had stoked fears that President Donald Trump's trade tariffs were already seeping into some categories of consumer prices. The Treasuries market fell, extending declines that began last week and pushing yields on some tenors to the highest levels in weeks. Tuesday's numbers were 'optically better than expected,' he said, but the details showed 'the tariff effect had started to creep in,' said Mohit Kumar, Jefferies International chief European strategist. Later on Wednesday, the Fed's July Beige Book survey of regional business contacts will offer a snapshot of economic activity. There are signs inflation is reviving in other developed markets. In the UK, traders scaled back wagers on Bank of England interest-rate cuts on Wednesday after headline inflation in June come in hotter than expected. Gilts fell across the curve and the pound rose 0.1% to $1.34, set to snap a eight day losing run. --With assistance from Isabella Ward. Forget DOGE. Musk Is Suddenly All In on AI How Starbucks Is Engineering a Turnaround With Warm Vibes and Cold Foams How Hims Became the King of Knockoff Weight-Loss Drugs Thailand's Changing Cannabis Rules Leave Farmers in a Tough Spot The New Third Rail in Silicon Valley: Investing in Chinese AI ©2025 Bloomberg L.P. Sign in to access your portfolio
Washington Post
25-03-2025
- Sport
- Washington Post
Goalkeeper apologizes after pushing ball boy to the ground during soccer match
CARRICKFERGUS, Northern Ireland — A goalkeeper facing sanctions from the Irish soccer federation has apologized following an incident last week during which he appeared to shove a ball boy to the ground. The incident took place during the first half of a match between Cliftonville and Carrick Rangers in the Northern Ireland Football League. Video footage published by the BBC showed Carrick Rangers goalkeeper Jack McIntyre pushing the boy to the ground after he handed the ball over to the goalkeeper.
Yahoo
25-03-2025
- Sport
- Yahoo
Goalkeeper apologizes after pushing ball boy to the ground during soccer match
CARRICKFERGUS, Northern Ireland (AP) — A goalkeeper facing sanctions from the Irish soccer federation has apologized following an incident last week during which he appeared to shove a ball boy to the ground. The incident took place during the first half of a match between Cliftonville and Carrick Rangers in the Northern Ireland Football League. Video footage published by the BBC showed Carrick Rangers goalkeeper Jack McIntyre pushing the boy to the ground after he handed the ball over to the goalkeeper. Carrick Rangers, which lost the match 3-0, said in a statement the club and McIntyre want to apologize 'for any distress caused,' adding that it 'will also endeavour to make contact with the ball tender and their family.' Local media reported that the Northern Ireland police service said enquiries into the incident were continuing. The referee did not book McIntyre for his gesture. 'Any internal disciplinary investigation will, in accordance with employment good practice, remain confidential between the employee and employer,' Carrick Rangers added. ___ AP soccer:
Associated Press
25-03-2025
- Sport
- Associated Press
Goalkeeper apologizes after pushing ball boy to the ground during soccer match
CARRICKFERGUS, Northern Ireland (AP) — A goalkeeper facing sanctions from the Irish soccer federation has apologized following an incident last week during which he appeared to shove a ball boy to the ground. The incident took place during the first half of a match between Cliftonville and Carrick Rangers in the Northern Ireland Football League. Video footage published by the BBC showed Carrick Rangers goalkeeper Jack McIntyre pushing the boy to the ground after he handed the ball over to the goalkeeper. Carrick Rangers, which lost the match 3-0, said in a statement the club and McIntyre want to apologize 'for any distress caused,' adding that it 'will also endeavour to make contact with the ball tender and their family.' Local media reported that the Northern Ireland police service said enquiries into the incident were continuing. The referee did not book McIntyre for his gesture. 'Any internal disciplinary investigation will, in accordance with employment good practice, remain confidential between the employee and employer,' Carrick Rangers added. ___
Yahoo
06-03-2025
- Business
- Yahoo
Euro's Best Rally Since 2015 Fans Bets on Further 10% Surge
(Bloomberg) -- The euro's best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Republican Mayor Braces for Tariffs: 'We Didn't Budget for This' Trump Administration Plans to Eliminate Dozens of Housing Offices How Upzoning in Cambridge Broke the YIMBY Mold NYC's Finances Are Sinking With Gauge Falling to 11-Year Low Remembering the Landscape Architect Who Embraced the City Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders familiar with the transactions who asked not to be identified because they aren't authorized to speak publicly. That level was last seen in 2021. Options sentiment, as depicted by so-called risk reversals, turned most bullish on the euro in five years, while data from the Depository Trust & Clearing Corp. show that two out of three options this week targeted a stronger euro. The common currency rose 1.5% to $1.0789 Wednesday, the highest in four months, and had its biggest three-day gain since August 2015 after Germany announced plans to unleash hundreds of billions of euros for defense and infrastructure spending. 'To me the initial move is to $1.12,' said Jack McIntyre, a portfolio manager at Brandywine Global Investment Management. 'But if I'm right, this thing could have more legs, meaning that you start getting up into the $1.20 area.' The anticipated historic increase in German borrowing, along with growing concerns about the negative impact of aggressive tariffs on the US economy, are supporting the euro, prompting a rush by investors for topside exposure. The euro has jumped above the closely watched 200-day moving average. A close above that level would signal further gains to traders who watch technical measures, opening the door for a test of last year's highs around $1.12. That's a sharp contrast to prevailing expectations earlier this year that the euro was headed for parity against the greenback. 'The euro-dollar market dynamics are undergoing significant shifts,' said Julian Weiss, head of global G-10 vanilla FX options trading at Bank of America, noting that demand for euro call options has surged. 'This development may signal the onset of a new trend, potentially reversing the multi-year US dollar rally.' Some analysts, however, are questioning whether the rally is sustainable. 'The dollar depreciation momentum could have further to run and while we abandoned our call for EUR/USD to drop below parity, we maintain our view that renewed US dollar strength is still likely,' said Derek Halpenny, head of FX research at MUFG. --With assistance from Naomi Tajitsu, Alice Atkins and Anya Andrianova. (Updates market prices throughout.) The Mysterious Billionaire Behind the World's Most Popular Vapes Rich People Are Firing a Cash Cannon at the US Economy—But at What Cost? Greenland Voters Weigh Their Election's Most Important Issue: Trump Trump's SALT Tax Promise Hinges on an Obscure Loophole Snack Makers Are Removing Fake Colors From Processed Foods ©2025 Bloomberg L.P.
