FRANKFURT (Reuters) -The outcome of the global trade war could meaningfully alter the euro zone’s inflation path, the European Central Bank said on Thursday as it outlined several scenarios to its central view. In a mild scenario, inflation would average 1.7% next year, above the 1.6% projected by the bank while a severe scenario, which …
Trade war could cut euro zone inflation further, ECB scenarios show Read More »
By David Ljunggren, Andrea Shalal and Julia Payne OTTAWA/WASHINGTON (Reuters) -Canada prepared possible reprisals while the European Union reported progress in trade talks on Wednesday as new U.S. metals tariffs triggered more disruption in the global economy and added urgency to negotiations with Washington. President Donald Trump’s doubling of tariffs on steel and aluminum imports …
Canada prepares reprisals over U.S. metals tariffs, EU reports progress in talks Read More »
By Marcela Ayres BRASILIA (Reuters) – Brazil sold $2.75 billion in dollar-denominated sovereign bonds on Wednesday, the treasury said, marking its second international issuance this year as the country capitalizes on declining default risk. The government sold $1.5 billion through a new five-year bond maturing in 2030, with a yield of 5.68%, and an additional …
Brazil sells $2.75 billion in second dollar bond deal of 2025 as CDS hits year low Read More »
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – New Zealand home prices are expected to rise steadily through 2027 as the market recovers after posting annual declines in the last three years, according to a Reuters poll of property analysts who expect further monetary policy easing to boost confidence in the housing market. Since August, …
(Reuters) -Companies in Argentina are set to face challenges related to politics, the economy and a surge of competitors over the next three years, a poll by consultancy EY showed on Wednesday. WHY IT’S IMPORTANT The Trump administration has focused on international relations through changes in its tariff policy, which adds additional complexity and uncertainty …
Economy, politics, fresh competitors pose challenges to Argentine businesses Read More »
By Medha Singh, Sanchayaita Roy and Ragini Mathur (Reuters) -European stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46 billion euro ($53 billion) corporate tax relief package aimed at kick-starting growth. The relief package, the first of a broader series of measures from Berlin’s new government, is an attempt to prevent the …
By Bernardo Caram and Lisandra Paraguassu BRASILIA (Reuters) -Brazil’s government is negotiating a package of fiscal measures with congressional leaders that includes cuts to tax exemptions and limits on the growth of transfers to an education fund, according to sources familiar with the talks. After initially signaling the measures would be unveiled on Tuesday, Finance …
Brazil plans to cut tax breaks, curb education spending in fiscal package, say sources Read More »
By Promit Mukherjee and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects of U.S. trade policy, but said another cut might be necessary if the economy weakened in the face of tariffs. The decision marks the second time in …
Bank of Canada holds key rate steady but says a future cut is possible Read More »
(Reuters) – Mexico will announce measures next week if there is no agreement reached with the United States on the steel and aluminum tariffs announced, president Claudia Sheinbaum said Wednesday. She also called the U.S. announcement to raise the metals’ tariffs to 50% from the 25% introduce in March an “unfair measure” during her morning …
Mexico to announce ‘measures’ next week if no deal on US metals tariffs Read More »
By Promit Mukherjee and David Ljunggren OTTAWA, June 4 (Reuters) – The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects of U.S. trade policy, but said another cut might be necessary if the economy weakened in the face of tariffs. The decision marks the …
UPDATE 1-Bank of Canada holds key rate steady, but says a future cut is possible Read More »
