News/Event
By Ryan FeltonThe White House is set to announce that the Dutch semiconductor company that paused shipments weeks ago and risked upending global car production will resume sending chips under a framework agreement reached during talks between President Trump and Chinese leader Xi Jinping, people fa…
Canada’s government posted a budget deficit of CAD 3.28 billion in August 2025, compared with a deficit of CAD 2.5 billion in August 2024.This shift largely reflected a CAD 2.3 billion (6.5%) increase in revenues, driven by higher corporate and personal income tax and customs import duties, while p…
The prolonged US government shutdown will likely delay a batch of major data releases, but private-sector reports and key earnings results will still unveil fresh insights on the US economy.These will be headlined by the ADP Employment Report, ISM PMIs, and the University of Michigan Consumer Senti…
CIBC Capital Markets chief economist Avery Shenfeld says perhaps the Bank of Canada should have remained silent on what marks an appropriate interest-rate level, given the weak state of the Canadian economy. "Has the Bank of Canada really run out of options, and does the patient really need to hear…
The Swiss 10-year government bond yield touched 0.12% at the end of October, its lowest level since March 2022, following dovish comments from the Swiss National Bank and cautious signals from the US Fed.SNB official Tschudin reiterated on Thursday that the central bank’s monetary policy remains ex…
Consumer confidence in New Zealand dipped in October as consumers remained in a cautious mood despite the central bank aggressively cutting interest rates to spur economic growth, ANZ-Roy Morgan data showed on Friday.The consumer confidence index fell to 92.4 in October from 94.6 in September. A re…
Euro area consumer price inflation eased to 2.1% in October 2025, in line with market expectations and down from 2.2% in September, edging closer to the ECB’s 2% target, according to preliminary data.Food, alcohol, and tobacco prices rose more slowly at 2.5%, versus 3.0% the previous month, led by…
Federal Reserve Bank of Cleveland President Beth Hammack said Friday she’s open to reforming the interest rate target used by the Fed to implement monetary policy.Citing dramatic changes in the structure of money markets, Hammack said she was open to considering moving away from the central bank’s…
The annual inflation rate in France eased to 1% in October 2025, down from 1.2% in September and below expectations of 1.1%, according to preliminary estimates.The slowdown was mainly driven by a sharper decline in energy prices (-5.6% vs -4.4% in September), reflecting lower gas and petroleum prod…
Federal Reserve Bank of Cleveland President Beth Hammack said Friday she opposed the central bank cutting interest rates this week.“I would have preferred to have held rates steady” at the Federal Open Market Committee meeting, Hammack said at a Dallas Fed event. “We have inflation that is too high…
The following reports that were scheduled for this week were not released due to the U.S. government shutdown. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Oct 27 0830 Durable Goods Sep +0.2% (3) +2.9% Oct 30 0830 Jobless Claims…
The following reports that were scheduled for this week were not released due to the U.S. government shutdown. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Oct 27 0830 Durable Goods Sep +0.2% (3) +2.9% Oct 30 0830 Jobless Claims…
By Tatiana Bautzer U.S. yields were mixed on Friday as the outlook for monetary policy was becoming increasingly foggy due to the prolonged federal government shutdown reducing the availability of macroeconomic data. Comments by Federal Reserve Chair Jerome Powell after the interest rate cut on…
The CAC 40 fell 0.5% to close at 8,121 on Friday, leaving the index down 1.1% for a busy week dominated by central bank meetings, an easing of US–China trade tensions and a heavy slate of earnings and economic releases.Saint-Gobain dropped 3.6% after Q3 comparable revenue slipped 0.2%, or 1.3% in a…
By Elena Fabrichnaya and Gleb Bryanski Analysts raised their Russian inflation estimates for 2025 and 2026 after the government announced plans to raise taxes and the central bank raised its own inflation estimates in response, a Reuters poll of 15 analysts shows on Friday. The analysts now see…
The Brazilian real weakened past 5.39 per US dollar, as a firm US dollar offset otherwise supportive domestic data.The dollar firmed after the Fed’s 25bp cut was accompanied by Chair Powell’s warning that a further reduction in December is far from certain, keeping global funding conditions relativ…
OTTAWA, Oct 31 (Reuters) - Canada recorded a higher C$11.07 billion ($7.89 billion) budget deficit for the first five months of the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday. By comparison, the deficit in the same period a year…
The unemployment rate likely increased in October, with a boost from temporary joblessness due to the government shutdown, Citi economists write. Wall Street craves labor data to determine the likelihood of another interest rate cut by the Fed in December. An official tally will probably be missing…
The yield on the US 10-year Treasury note hovered around 4.08% on Friday, pausing after a three-session rally that pushed the benchmark yield to a three-week high, supported by a more hawkish tone from the Fed.The Fed delivered a widely expected 25bps rate cut earlier this week, but Chair Powell st…
The 10-year Canadian government yield eased toward 3.1% after a short-lived rebound from April lows as incoming growth data undercut earlier BoC-driven support.September GDP rose 0.1% m/m and the flash Q3 estimate was 0.1% but August was revised to a 0.3% m/m contraction, the largest monthly drop s…
1017 ET - Bank of Canada deliberations next year could get interesting should growth continue to disappoint like it did in August, say strategists at TD Securities. GDP in August fell 0.3%, or the largest single-month contraction since late 2022 and the biggest miss against market consensus in over…
Rate cuts by year-end2026: 82 bps2026: 12 bps2026: 64 bps2026: 12 bps2026: 25 bps2026: 35 bps2026: 7 bpsRate hikes by year-end2026: 45 bps*The 2026 pricing reflects the cumulative easing expected by the end of 2026, not how much easing is expected in 2026 alone.The first notable change was seen in…
The dollar index rose for a third straight session on Friday, approaching 99.8, its highest level since early August, and is on track to finish October up about 1.8%, supported by a more hawkish tone from the Fed.The Fed delivered a widely expected 25bps rate cut but Chair Powell emphasized that a…
Analysts raised their Russian inflation estimates for 2025 and 2026 after the government announced plans to raise taxes and the central bank raised its own inflation estimates in response, a Reuters poll of 15 analysts shows on Friday. The analysts now see full-year inflation for 2025 at 6.9%, comp…
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The euro eased toward $1.15, its weakest level since late July, as investors assessed remarks from ECB officials and their implications for the central bank’s policy outlook.ECB policymaker François Villeroy de Galhau said the bank’s monetary stance is well positioned but could adjust if risks inte…
Despite an unexpected decline in GDP in August, Canada likely "narrowly" dodges two consecutive quarters of economic contraction when 3Q data emerges late next month, says Michael Davenport of Oxford Economics. Still, a 0.3% decline in August GDP "certainly raises the odds of a technical recession…
The Canadian dollar slipped past C$1.40 per US dollar after a surprisingly weak GDP report pushed markets to price a higher probability of another Bank of Canada rate cut while a firmer US dollar compounded the pressure.Canadian GDP is expected to rise 0.1% monthly in September, while August was re…
0844 ET - Canadian GDP fell 0.3% on-month in August, a much weaker performance than the flat GDP economists expected. It comes after GDP expanded an upwardly revised 0.3% in July, the first growth in four months. The weakness in August was marked by a fifth contraction in goods-producing industries…
Canadian output in August was much weaker than consensus, and the advance estimate for September indicates soft momentum at the end of 3Q. This bears watching, says CIBC Capital Markets, as the Bank of Canada predicts a pickup in growth in 4Q. All told, Canada GDP in August fell 0.3%, versus an est…
Futures tracking Canada’s S&P/TSX Composite Index rose slightly on Friday, tracking gains in Wall Street as markets assessed Canadian growth.Canada’s likely expanded 0.1% in the third quarter, pointing to some resilience from US tariffs despite the underperformance.Optimism from upbeat forecasts by…
The ANZ-Roy Morgan Consumer Confidence Index CCI fell to 92.4 in October 2025, down from September’s 94.6.The current conditions index eased to 85.5, while future conditions declined to 97.0 from 99.0 in September.Household perceptions of personal finances slipped two points to minus 15 percent, wh…
By Robb M. StewartOTTAWA--The Canadian economy contracted in August for the four month in the last five as weakness in good producing industries persisted and a strike by flight attendants weighed on air transportation.Gross domestic product, a broad measure of goods and services produced across th…
By Robb M. StewartOTTAWA--The Canadian economy contracted in August for the four month in the last five as weakness in good producing industries persisted and a strike by flight attendants weighed on air transportation.Gross domestic product, a broad measure of goods and services produced across th…
The Canadian GDP expanded by 0.1% from the previous month in September of 2025, reflecting a 0.1% increase in the third quarter, according to a flash estimate.The uptick would trim the 0.3% contraction in August, which was revised from the preliminary estimate of a stall, to mark the sharpest month…
Canadian GDP fell 0.3% on-month in August, a much weaker performance than the flat GDP economists expected. It comes after GDP expanded an upwardly revised 0.3% in July, the first growth in four months. The weakness in August was marked by a fifth contraction in goods-producing industries since the…
This article was written by Giuseppe Dellamotta at investinglive.com.
Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping.Investors accumulated a net $10.58 billion worth of global equity f…
The modest decline in headline inflation in the eurozone is unlikely to persuade the European Central Bank to resume its easing cycle when it next meets in December, Diego Iscaro, head of European economics at S&P Global Market Intelligence, says in a note. Indeed, the increase to a six-month high…
The producer price inflation in Belgium was at 0.4% in September of 2025, gaining traction from the stall in the previous month to mark the sharpest pace of price growth since February.Prices rebounded for intermediate goods (0.4% vs -0.2% in August) and fell at a slower pace for energy (-0.5% vs…
Eurozone inflation data confirm that the European Central Bank will likely continue to keep interest rates on hold, says Stephanie Schoenwald, economist at KfW Research. Inflation crept down to 2.1% in October from 2.2% in September. "The ECB is comfortable with consumer price inflation of just ove…
Georgia’s economic activity expanded by 6.4% year-on-year in September 2025, following a 6.6% growth in the previous month.This sustained growth was largely supported by positive performances across several key sectors, including manufacturing, transportation and storage, information and communicat…
The dollar index held near three-month highs around 99.5 on Friday and was poised to rise nearly 2% for the month as investors dialed back expectations for further Federal Reserve rate cuts.The Fed delivered a widely anticipated quarter-point reduction on Wednesday, but Chair Jerome Powell stressed…
Japan’s chemical exports fell by 3.1% year on year to yen (Y) 955.5 billion in September, despite an overall return to growth in shipments abroad, preliminary official data showed.Exports of organic chemicals fell by 12.1% year on year to Y149.6 billion while shipments of plastic materials slipped…
Portugal’s industrial production growth slowed to 2.0% year-on-year in September 2025, down from a revised 3.0% in August. Production of capital goods decelerated sharply to 0.1% from 7.1%, while energy output edged down slightly to 15.3% from 15.5%.Consumer goods production continued to contract…
The South Korean won traded around 1,430 per dollar, remaining near the six-month low touched last week, as soft economic data strengthened the case for further easing by the central bank.Retail sales fell for the second straight month in September, while industrial output missed forecasts, reinfor…
The ECB yesterday left everything unchanged as the central bank has ended its easing cycle back in June. President Lagarde reiterated that the ECB is not pre-committing to a particular rate path and will remain data-dependent in its policy approach. This article was written by Giuseppe Dellamotta a…
Hong Kong equities fell 200 points, or 0.8%, to 26,078 in early trade on Friday, retreating for a third consecutive session as most sectors declined.Weak official PMI data from China in October weighed on sentiment, with factory activity contracting at the fastest pace in six months while the servi…
The number of foreign visitors to Turkey rose by 0.5% year-on-year to 6.09 million in September 2025, following a 2.1% increase in the previous month.Among the top five source countries, arrivals grew from Russia (+5.2%), Germany (+5.8%), and Poland (+0.8%), but fell from the UK (-6.5%) and Iran…
RBA seen holding steady as inflation delay pushes next rate cut to 2026The Reserve Bank of Australia is set to keep the cash rate unchanged at 3.60% at its November 4 meeting, as stronger-than-expected inflation data forces economists to push back forecasts for the next policy easing to mid-2026, a…
Sponsored byBusiness Seen Rocky Despite Trade Truce; Amazon Expands Deliveries; Gig Drivers Help UPS Cut Costs By Mark R. Long | WSJ Logistics ReportFor businesses caught between the U.S. and China, commerce is likely to be rocky for years to come, despite the trade-war truce reached by President T…
Taiwan said technical consultations for its reciprocal trade negotiations with the U.S. have been “largely finalised,” with document exchanges now underway, signaling progress in the long-running talks.The announcement came Friday from Taiwan’s delegation to the APEC summit in South Korea, followin…
The annual inflation rate in Austria stood at 4% in October 2025, unchanged from the previous month. “Services resumed to have the greatest impact on inflation, rising by 4.6%, after 4,7% in September.Inflation for industrial goods was also less pronounced at +1.3% compared to +1.4% in September.Fo…
Producer prices in the French domestic market fell by 0.2% month-over-month in September 2025, the same as in the previous period.Costs declined more sharply for mining, quarrying, energy, and water supply (-0.8% vs. -0.2% in August).Meanwhile, prices for manufactured products rose 0.1%, following…
The Hang Seng dipped 376 points, or 1.4%, to close at 25,907 on Friday, marking its third consecutive session of losses amid broad-based declines across sectors.Market sentiment weakened after China’s official PMI showed manufacturing activity declining at the fastest pace in six months in October…
Retail sales in Switzerland rose by 1.5% year-on-year in September 2025, beating market estimates of a 0.3% increase and rebounding from an upwardly revised 0.4% drop in the previous month.The recovery was mainly driven by higher sales of information and communication equipment (19.9% vs 14.9% in A…
Turkish Finance Minister Mehmet Simsek said on Friday that it appears difficult to hit the 25-29% forecast range for inflation at the end of this year, but he said that conditions for disinflation continue.In a speech in Istanbul, Simsek said inflation data in the last couple of months does not cha…
France’s 10-year OAT yield climbed above 3.4%, remaining close to its highest since October 13, as investors tracked the country’s budget discussions alongside hawkish signals from the ECB and Fed and a decline in inflation.Socialist Party leader Olivier Faure said he is seeking a compromise with t…
By Lucia Mutikani The number of Americans filing new applications for unemployment benefits fell last week, economists estimated on Thursday, though new job opportunities for those who are laid off remained scarce amid a reluctance by businesses to boost hiring.Initial claims for state unemploym…
The annual inflation rate in Poland eased to 2.8% in October of 2025 from 2.9% in the previous month, the lowest since June of 2024, and contrasting with market expectations that it would pick up to the 3% threshold, according to a flash estimate.Prices declined for fuel and transport equipment (-1…
RNS Number : 5583F TBC Bank Group PLC 31 October 2025 Dividend Currency Conversion RateTBC Bank Group PLC ("TBC PLC") today announces that the Georgian Lari to Pound Sterling exchange rate that will apply to the 2Q 2025 quarterly dividend payment will be 3.6088, being the average exchange rate…
Australia’s private sector credit rose 0.6% month-on-month in September 2025, matching the pace of the previous month but exceeding market expectations of a 0.5% increase.Credit growth was steady for housing (0.6%) and personal loans (0.5%) but eased for business lending (0.4% vs 0.6% in August).On…
Turkish disinflation will continue strongly in 2026 and financing conditions will improve as inflation continues to decline in the coming months, Finance Minister Mehmet Simsek said on Friday. In a speech in Istanbul, Simsek said the budget deficit will continue to fall and support disinflation and…
The offshore yuan held its decline around 7.11 per dollar on Friday as investors weighed disappointing PMI data and the outcomes from the recent Trump-Xi meeting.China’s manufacturing PMI fell to a six-month low of 49 in October 2025, signaling continued weakness in the industrial sector and fuelin…
The annual inflation rate in the Netherlands eased to 3.1% in October 2025 from a five-month high of 3.3% in September, according to preliminary estimates.The main downward pressure came from a sharp slowdown in energy prices, with energy inflation falling to 2.1% in October from 4.0% in September…
RBNZ’s Gai says U.S. tariffs a negative demand shock for New ZealandReserve Bank of New Zealand Monetary Policy Committee member Prasanna Gai said on Friday that U.S. tariffs have delivered a negative demand shock to New Zealand’s small, trade-dependent economy, adding to the headwinds already rest…
Industrial production in North Macedonia increased by 2.7% year-on-year in September 2025, rebounding from a 3.5% drop in the previous month.Manufacturing output showed a strong recovery (3.1% vs -1.4% in August), while production for electricity, gas, steam, and air-conditioning supply declined at…
European equities eased on Friday, as investors digested mixed quarterly results and awaited key euro zone inflation figures to close out an action-packed month.The pan-European STOXX 600 index TVC:SXXP slipped 0.1% by 0800 GMT, on track to extend declines to the fourth straight session and just ab…
Spain received 9.7 million international tourists in September 2025, 0.8% more than in the same month of 2024 and setting a new record for the month.The United Kingdom led with nearly 2.1 million tourists (+2.0% vs.September 2024), followed by Germany with 1.3 million (down 2.5%) and France with 1…
Retail sales in Macedonia fell by 0.2% year-on-year in September 2025, reversing a 1.1% gain in the previous month.The decline was primarily driven by lower sales of food, beverages, and tobacco (-7.1% vs 3.8% in August) and automotive fuel (-1.5% vs 4.8%).Meanwhile, trade rebounded for non-food pr…
The number of people registered as out of work in Norway rose to a seasonally adjusted 64.7 thousand in October 2025 from a slightly upwardly revised 64.5 thousand in the previous month.This marks the highest since October 2021 and equal to 2.2% of the workforce.Unemployment increased across most o…
Italy’s 10-year BTP yield stabilized at 3.4% as investors balanced hawkish cues from both the Eurozone and US central banks against a sharp slowdown in domestic inflation.October’s headline inflation fell to 1.2%, the lowest in a year and well below market expectations of 1.6%.Meanwhile, Eurozone i…
By Ed FranklFrench inflation cooled a little in October despite an unexpectedly strong upswing in the economy, likely helping keep European Central Bank policymakers on course to hold interest rates well into next year.Consumer prices were 0.9% higher than the same month of last year, down from 1.1…
Producer prices in Luxembourg fell by 1.8% year-on-year in September, after a 0.9% decrease in August, marking the second consecutive period of deflation.It was the lowest reading in a year, mainly on account of energy costs (-8.9% vs -9% in August).Prices also fell for intermediate goods (-0.9% vs…
European equity markets were headed for a lower open on Friday as regional benchmarks retreated from record highs on some profit-taking, but were still set to end the month with gains.Investors awaited key inflation data from the Eurozone, France, and Italy that could influence the regional monetar…
Italian EU-harmonised consumer prices (HICP) fell by a preliminary 0.2% month-on-month in October, with annual inflation decreasing to 1.3%, data showed on Friday.The reading was below a median forecast in a Reuters survey of 19 analysts, which pointed to an increase of 0.2% month-on-month and a ye…
The annual inflation rate in Italy fell to 1.2% in October of 2025 from 1.6% in the previous month, the lowest in one year, and well under market expectations that it would remain unchanged at 1.6%, according to a flash estimate.Regulated energy prices swung lower from their high inflation rate (-0…
Gold prices fell to around $4,010 per ounce on Friday, set for a second straight weekly loss, pressured by fading expectations of Federal Reserve rate cuts and a US-China trade deal.The two countries reached a trade truce with a one-year deal on rare earths and critical minerals, as President Trump…
Greek retail sales by volume rose 3.9% in August compared to the same month a year earlier after a 2.1% rise in July, statistics service ELSTAT said on Friday.Sales volume of the food sector was up 4.6% year-on-year, with the sales volume of the non-food sector (except automotive fuel) increasing 7…
Spain posted a current account surplus of 5.08 billion euros ($5.92 billion) in August, compared to a surplus of 5.37 billion euros in the same month a year earlier, the Bank of Spain said on Friday.That compared to a surplus of 6.27 billion euros in July, according to the central bank.($1 = 0.8575…
By Ed FranklFrench inflation cooled a little in October despite an unexpectedly strong upswing in the economy, likely helping keep European Central Bank policymakers on course to hold interest rates well into next year.Consumer prices were 0.9% higher than the same month of last year, down from 1.1…
Hungary’s annual producer inflation edged up to 2.4% in September 2025 from an eleven-month low of 2.3% in August. Inflation picked up for non-domestic output (3.3% vs 3.0% in August), while that slowed further for domestic output (0.5% vs 0.9%).Among sectors, prices rebounded for electricity, gas…
German import prices decreased by 1% year on year in September, the statistics office said on Friday.Analysts polled by Reuters had predicted a 1.4% decrease.The statistics office offers more detailed economic data on its website.
By Naomi Rovnick and Alun John The U.S. Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but pushed back against market bets that it would keep going as the Washington shutdown fogs up its forecasting lens. The Bank of…
German retail sales rose in September, increasing by 0.2% compared with the previous month, official data showed on Friday. Analysts polled by Reuters had predicted a 0.2% increase. The federal statistics office publishes more details on its website.
British house prices rose by a monthly 0.3% in October after a 0.5% rise in September, Nationwide Building Society said on Friday.The lender said house prices were 2.4% higher than a year earlier compared with an annual increase of 2.2% in September.Economists polled by Reuters had on average forec…
Indonesia’s IDX Composite edged up to around 8,193 on Friday afternoon, aiming to secure a third straight session of gains.Healthcare, logistics, and utilities were mainly up amid reports that Indonesia and the U.S. will resume tariff negotiations in November following delays from the U.S. governme…
The CAC 40 edged down to 8,145 points on Friday, its lowest level since October 15, capping a particularly busy week dominated by central bank meetings, an easing of US–China trade tensions, and a wave of earnings reports and economic data.Saint-Gobain fell 2.5% after reporting a small 0.2% drop in…
RNS Number : 5501F LSL Property Services PLC 31 October 2025 31 October 2025LSL Property Services plc ("LSL" or "Group")LSL Hosts Industry Leaders to Facilitate Collaboration in New Homes DeliveryLSL, the B2B platform for UK residential property market services, recently hosted its seventh annu…
Tourism revenues in Turkey rose 3.9% year-on-year to USD 24.3 billion in the third quarter of 2025.Individual expenditures accounted for USD 16 billion of total tourism income, while package tour spending made up USD 8.7 billion.The largest shares of spending were on package tours (33.6%), food and…
The euro traded just below $1.16 at the end of a week filled with economic data releases, central bank meetings, and easing US–China trade tensions.Eurozone inflation eased to 2.1% in October 2025, down from 2.2% in September and moving closer to the ECB’s 2% target.Among major economies, Germany…
The UK Nationwide House Price Index rose 2.4% year-on-year in October 2025, above the expected 2.3% gain, and picking up from a 2.2% increase in September.On a monthly basis, prices grew 0.3%, beating forecasts of a flat reading but easing from a 0.5% gain in the previous period.Nationwide’s Chief…
Germany’s retail sales rose 0.2% month-over-month in September 2025, matching market estimates and swinging from a revised 0.5% decline in the previous month.This marked the first monthly increase since June, supported by a 0.3% rise in food sales and a 0.4% gain in online and mail-order businesses…
Italian EU-harmonised consumer prices (HICP) fell by a preliminary 0.2% month-on-month in October, with annual inflation decreasing to 1.3%, data showed on Friday.The reading was below a median forecast in a Reuters survey of 19 analysts, which pointed to an increase of 0.2% month-on-month and a ye…
The annual inflation rate in Croatia eased to 3.6% in October 2025, the lowest in five months, from 4.2% in September, preliminary data showed.Prices were estimated to have risen by 6.4% for services, 4.4% for food, beverages, and tobacco, and 3.9% for energy, while costs for non-food industrial go…
Retail sales in Greece rose by 3.9% year-on-year in August 2025, accelerating from a 2.1% increase in the previous month.The latest figure marked the strongest growth since April, as sales increased at a faster pace for the food (4.6% vs 2.1% in July) and non-food (7.6% vs 5%) sectors.On the other…
Portuguese consumer prices increased 2.3% year-on-year in October, slowing down slightly from a 2.4% rise the previous month, preliminary data from the National Statistics Institute (INE) showed on Friday.Core inflation, that strips out volatile food and energy prices and is seen as a better gauge…
Spain’s current account surplus shrank to €5.1 billion in August 2025 from €5.4 billion in the same month of the previous year.This marked the smallest surplus since April this year, as the goods and services surplus narrowed to €6.7 billion from €7.1 billion in August 2024.Meanwhile, the deficit i…
The annual inflation rate in Portugal eased to 2.3% in October 2025, its lowest level in five months, down slightly from 2.4% in September, according to preliminary estimates.Energy prices declined (-1.2% vs +0.3% in September), while food inflation slowed (6.1% vs 7.0%).On a monthly basis, the CPI…
By Veronica DagherTrish DaCosta saved for more than five years to buy a home in Nashville, Tenn., and was thrilled when her offer on a roughly $400,000, three-bedroom house was accepted. Then, a month before closing earlier this year, she was laid off from her job in public relations.When she learn…
By Scott DiSavinoOil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after U.S. President Donald Trump lowered tariffs on China following a meeting with Chinese leader Xi Jinping in South Korea.Brent futures ICEEUR:BRN1! rose 8 cents…
The Brazilian real weakened past 5.37 per US dollar, amid a strong US dollar offsetting trade developments.Externally, a firmer US dollar driven by lingering expectations that the Federal Reserve may hold rates higher for longer is pressuring the real, while the recent US–China trade truce has offe…
By Noel John and Pablo Sinha Gold prices rose 2% on Thursday, buoyed by a Federal Reserve interest rate cut as well as lingering uncertainty over the outcome of a trade deal between China and the U.S.Spot gold TVC:GOLD was up 1.9% at $4,003.62 per ounce as of 01:39 p.m. ET (1739 GMT). U.S. gold…
European Central Bank policymakers are preparing for something of a showdown at their next meeting in December, when new three-year projections will shed light on whether or not they risk undershooting their target, four sources told Reuters.The European Central Bank kept interest rates unchanged a…
By Joshua Jamerson and Gavin BadeWASHINGTON — President Trump and Chinese leader Xi Jinping agreed to immediately lower tensions between Washington and Beijing after their Thursday meeting in South Korea.Here is what to know:How much are U.S. tariffs on Chinese imports now?After the meeting, the U…
By Scott DiSavinoOil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after U.S. President Donald Trump lowered tariffs on China following a meeting with Chinese leader Xi Jinping in South Korea.Brent futures ICEEUR:BRN1! fell 4 cents…
U.S. mortgage rates dropped to a one-year low this week, but scope for further declines is limited as Treasury yields have risen after Federal Reserve Chair Jerome Powell tempered expectations for another interest rate cut in December.The average rate on the popular 30-year fixed-rate mortgage slip…
The ECB kept rates unchanged as expected The details from the decision shows: This article was written by Greg Michalowski at investinglive.com.
The Canadian dollar weakened toward C$1.4 per US dollar, as a firm US dollar driven by growing bets that the Federal Reserve will keep policy rates higher for longer overwhelmed any short-lived hawkish signals from the Bank of Canada.Markets largely treated the BoC’s recent cut as priced in and shi…
By Noel John and Pablo Sinha Gold prices rose nearly 2% on Thursday, buoyed by a Federal Reserve interest rate cut as well as lingering uncertainty over the outcome of a trade deal between China and the U.S. Spot gold TVC:GOLD was up 1.7% at $3,995.59 per ounce as of 11:26 a.m. ET (1525 GMT…
By Naomi Rovnick and Alun John The U.S. Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but pushed back against market bets that it would keep going as the Washington shutdown fogs up its forecasting lens. The Bank of…
By Savyata Mishra and Aishwarya Venugopal Shares of Chipotle Mexican Grill NYSE:CMG plunged about 19% on Thursday after its third sales forecast cut of the year fanned concerns around how the fast-casual chain is navigating tariffs, inflation and tighter spending by U.S. consumers.A mixed s…
By Reshma KapadiaThe U.S.-China game of chicken is on pause for now. President Donald Trump and Chinese leader Xi Jinping struck a relatively positive tone Thursday after their first meeting in six years, agreeing to another truce without addressing the core issues at the heart of their intensifyin…