By Anastasiia Kozlova and Tharuniyaa . Dec 5 (Reuters) – European shares were little changed on Friday and ended the week with modest gains, while investors evaluated a long-delayed U.S. inflation report that reinforced expectations for a Federal Reserve interest rate cut next week. The pan-European STOXX 600 index was flat at 578.87 points at …
European shares clock weekly gains on ongoing Fed cut optimism Read More »
By Marcela Ayres BRASILIA, Dec 5 (Reuters) – Brazilian President Luiz Inacio Lula da Silva is not expected to submit his next two nominees for the central bank’s rate-setting board until next year, three sources familiar with the matter told Reuters, leaving only seven of the nine seats on the committee filled for the January …
Dec 5 (Reuters) – Argentina announced on Friday the tender for a four-year dollar bond governed by local law as President Javier Milei’s administration continues to test the waters for an eventual return to international capital markets. The tender for the so-called Bonar, with a 6.50% coupon, will take place December 10, Argentina’s Economy Ministry …
Argentina unveils tender for local US dollar bond as Milei seeks market return Read More »
By Promit Mukherjee OTTAWA, Dec 5 (Reuters) – Canada’s unemployment rate once again defied expectations and fell to a 16-month low in November as a solid gain in part-time jobs boosted the number of people employed for the third time in a row, data showed on Friday. With three months of job gains, the Canadian …
Canada’s unemployment rate shrinks to lowest in 16 months as part-time jobs increase Read More »
By Indradip Ghosh BENGALURU, December 5 (Reuters) – The Bank of Canada will hold its overnight rate on December 10, according to all economists polled by Reuters, a majority of whom predicted steady rates at least until 2027. With inflation easing and firmly within the central bank’s target range and the economy growing at a …
By Maria Martinez BERLIN, Dec 5 (Reuters) – German industrial orders rose more than expected in October, data showed on Friday, though the increase was driven by large-scale orders and economists said there were no signs of a broader upturn. Orders rose by 1.5% on the previous month on a seasonally and calendar adjusted basis, …
German industrial orders rise more than expected in October Read More »
By Rene Wagner and Maria Martinez BERLIN, Dec 5 (Reuters) – Germany’s economic recovery will remain subdued next year as exports struggle and global trade slows, according to a forecast by the German Economic Institute IW seen by Reuters on Friday. The IW forecasts Germany’s real gross domestic product to grow only slightly this year, …
ABU DHABI, Dec 5 (Reuters) – The United Arab Emirates’ non-oil private sector output expanded at its fastest pace in 11 months in November, driven by robust market conditions and a surge in new business, a survey showed on Friday. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) rose to 54.8 in November …
UAE non-oil private sector growth accelerates in November, PMI shows Read More »
By Liangping Gao and Ryan Woo BEIJING, Dec 5 (Reuters) – China’s home prices are forecast to decline 3.7% this year, broadly in line with the previous poll, and to continue falling through 2026 before stabilising in 2027, the latest quarterly Reuters survey showed. Prices are projected to fall 2.8% in 2026, a sharper decline …
China home prices to fall 3.7% this year, extending declines into 2026- Reuters poll Read More »
By Tamiyuki Kihara, Leika Kihara and Tom Westbrook TOKYO, Dec 5 (Reuters) – As Prime Minister Sanae Takaichi was finalising her $137 billion spending plan last month, which in recent weeks has put Japan into a standoff with investors over the outlook for government finances, a bond chart was brought to her attention. Finance Minister …
Analysis-In Japan, Prime Minister Takaichi tries to avoid a ‘Truss shock’ Read More »
