Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1013 ET - The number of Canada-based Redfin.com users searching for U.S. homes to buy or rent fell 15.3% year-over-year in June, according to Redfin. That after a 10.1% decline in May. Over the past two years, Canadian searches for U.S. homes have dropped roughly 37%, after posting a 25.7% year-over-year decline in June 2025. Redfin says Canada's economy is starting to recover after a weak start to the year, but uncertainty around trade, jobs, the domestic housing market and inflation is still prompting many Canadians to think twice about making a major purchase. Canada-based home searches declined from a year earlier in 45 of the 50 most populous U.S. metros. (chris.wack@wsj.com)

0339 ET - Barclays earnings were messy with investment banking beating estimates, while there were some small misses in other areas, Jefferies analyst Jonathan Pierce writes. "It was a messy quarter because of higher rates, the acquisition of Best Egg and the sale of American Airlines," Pierce says. Jefferies has a buy rating on the stock and a 590 pence target price. Shares are down 4.6% at 505.9 pence but up 6.3% over the year to date. (ian.walker@wsj.com)

0336 ET - Man Group's first-half results are strong with net inflows and profitability coming ahead of expectations, Jefferies analysts write. Assets under management at the end of the period came in 3% higher than expected while net revenues beat consensus by 6% on strong net management and performance fees, they write. This helps push pretax profit to $297 million, which is 7% ahead of consensus views, they write. As expected, the alternative investment manager didn't launch a new buyback, they write. Shares rise 7.8% to 323.4 pence. (adam.whittaker@wsj.com)

0200 ET - The U.S. Treasury is expected to boost its near-term borrowing projection when it releases its financing estimates next week but leave coupon auction sizes unchanged, Goldman Sachs analysts say in a note. They look for marketable borrowing of $827 billion for the third quarter versus $671 billion projected at the May refunding meeting, the analysts say. Nominal coupon auction and inflation-protected Treasurys--or TIPS--auction sizes are expected to be left unchanged this quarter, implying net bill supply of $534 billion for 3Q, the analysts say. Goldman Sachs affirms its expectations that the Treasury will begin increasing coupon auction sizes from May 2027, with eventual auction-size increases limited to two- to seven-year maturities. (emese.bartha@wsj.com)

0010 ET - The probability of a Fed-rate increase are being priced unusually high by markets, notes Pictet Wealth Management. "While we cannot entirely rule out the risk of a surprise hike, current market pricing looks too high," says senior U.S. economist Xiao Cui in a note. Cui reckons the latest U.S. inflation data and Fedspeak reinforce expectations for the Fed to keep rates unchanged at 3.5%-3.75% this week. However, officials continue to view inflation as the more dominant policy risk, leaving the door open to tightening as early as September, she says. Cui also sees the likelihood of two dissents in favor of a 25bp rate hike from regional Fed presidents Logan and Hammack, with a possible third from Kashkari. (monica.gupta@wsj.com)

(END) Dow Jones Newswires

July 28, 2026 12:20 ET (16:20 GMT)