Reuters US Economy Archives - Page 315 of 866

European stocks offer earnings stability in surprising places – Klement

9 Jan 2025 9 Jan 2025

By Joachim Klement -Investors in European equities all likely have the same new year’s resolution: figure out how to navigate what promises to be 12 months of heightened economic and geopolitical uncertainty. One tactic is to focus on companies with a proven track record of stable earnings growth during all market environments, but what may …

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China’s tumbling bond yields intensify ‘Japanification’ risks: McGeever

9 Jan 2025 9 Jan 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -China, the global growth engine for the last 20 years, now boasts lower long-term bond yields than Japan, the former poster child for deflationary economic stagnation. This may signal that the “factory to the world” faces the real risk of “Japanification.” China’s bond yields have plunged to their lowest …

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CME Group challenges Miami exchange with new spring wheat contract

9 Jan 2025 9 Jan 2025

By Tom Polansek and Julie Ingwersen (Reuters) – CME Group said on Wednesday it plans to launch spring wheat futures and options in the coming months that will compete directly with a historic Minneapolis market now owned by Miami International Holdings. Traders expect CME, which dominates agricultural futures with benchmark grain and soy contracts, may …

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Brazil posts largest yearly dollar outflow since 2020

8 Jan 2025 8 Jan 2025

SAO PAULO (Reuters) – Brazil registered a total net outflow of $18.01 billion in 2024, the largest amount since 2020, central bank data showed on Wednesday, amid a historic depreciation of the Brazilian real in the final weeks of the year. The result was driven by net outflows on the financial segment, according to the …

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ECB could reach neutral rate by summer, Villeroy says

8 Jan 2025 8 Jan 2025

PARIS (Reuters) – The European Central Bank’s interest rates should reach the point where they are no longer a drag on growth by this summer if inflation is tamed by then, ECB policymaker Francois Villeroy said in a speech on Wednesday. Inflation in the 20-nation euro zone eased over the course of last year towards …

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Argentina privatizes state metal firm in Milei era first

8 Jan 2025 8 Jan 2025

By Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s government has privatized metallurgical firm IMPSA, the economy ministry said on Wednesday, marking its first privatization since libertarian President Javier Milei took power just over a year ago promising to shrink the state. The company’s shares will be transferred to the U.S.-based consortium Industrial Acquisition Fund (IAF), …

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Fed minutes may begin to show the hurdle to further rate cuts

8 Jan 2025 8 Jan 2025

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given slowed progress on inflation and a still-strong U.S. economy, but minutes from the central bank’s December meeting may show just how deeply that sentiment is shared among policymakers facing a newly uncertain …

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Explainer-Why are UK borrowing costs jumping?

8 Jan 2025 8 Jan 2025

By William Schomberg LONDON (Reuters) – Britain’s government borrowing costs have leapt this week, adding to the challenges facing finance minister Rachel Reeves who is planning to sell hundreds of billions of pounds’ worth of bonds this year to fund public services and growth-boosting investments. WHAT IS GOING ON IN BOND MARKETS? The yield on …

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Brazil’s industrial output falls for second straight month

8 Jan 2025 8 Jan 2025

SAO PAULO (Reuters) – Industrial production in Brazil fell for the second month in a row in November, data showed on Wednesday, in a sign the economy may be cooling as the central bank tightens monetary policy to tame inflation. Production was down 0.6% in November from October, more than the 0.5% decline projected in …

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Brazil’s savings withdrawals outpace deposits for fourth straight year

8 Jan 2025 8 Jan 2025

BRASILIA (Reuters) – Brazilians in 2024 withdrew more from savings accounts than they deposited for a fourth straight year, although the outflow fell significantly, central bank data showed on Wednesday. Net withdrawals of 15.5 billion reais ($2.5 billion) were down from 87.8 billion reais in 2023, 103.2 billion in 2022, and 35.5 billion in 2021. …

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