By Erwin Seba HOUSTON (Reuters) -Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as U.S. President Donald Trump met Hungary’s Prime Minister Viktor Orban at the White House. Brent crude futures settled at $63.63 a barrel, up 25 cents or 0.39%. U.S. West Texas Intermediate crude …
Crude recovers late in session on hopes over US-Hungary meeting Read More »
By Johann M Cherian and Sukriti Gupta (Reuters) -European shares ended a volatile week lower on Friday, as worries about elevated valuations of technology-related stocks persisted, while Britain’s ITV jumped on talks to sell its broadcasting division. The continent-wide STOXX 600 index closed down 0.6% at 564.79 points. It logged its biggest two-week loss since …
Europe’s STOXX 600 ends volatile week lower; ITV soars Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s job market made a surprise gain in October, reversing past declines, and its unemployment rate fell, data showed on Friday, a bright spot in a country that has suffered from U.S. President Donald Trump’s tariffs. The economy added a net 66,600 jobs following 60,400 job gains in September, Statistics …
Canada’s job market posts surprise expansion in October, unemployment falls Read More »
By Michael S. Derby NEW YORK (Reuters) -Americans last month said that they expected moderating near-term inflation pressures as they continued to worry about the outlook for the job market and their personal finances, a report from the Federal Reserve Bank of New York said on Friday. In October, households said a year from now …
NY Fed survey finds less worry about inflation, more about jobs Read More »
(Reuters) -U.S. equity funds saw robust inflows in the week through November 5 as investors remained optimistic about corporate artificial intelligence-linked deals and raised purchases during a market correction. They invested a net $12.6 billion into U.S. equity funds during the week, logging their largest weekly purchase since October 1, data from LSEG Lipper showed. …
US equity fund inflows surge to a five-week high Read More »
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexico’s annual inflation decelerated in October, official data showed on Friday, staying within the central bank’s target range, although analysts remained cautious about the path ahead. Consumer prices in Mexico rose 3.57% in the year through October, according to national statistics agency INEGI, down from 3.76% the previous month …
Mexico annual inflation decelerates in October but concerns persist Read More »
By Pranoy Krishna BENGALURU (Reuters) -India’s consumer inflation rate likely plunged to the lowest in at least a decade in October on a sustained fall in food prices, and intensified by a higher base of comparison last year, according to the median forecast in a Reuters poll of economists. Some economists argued that a cut …
India CPI inflation likely fell to multi-year low of 0.48% in October: Reuters poll Read More »
FRANKFURT (Reuters) -The European Central Bank is already factoring climate-related risk into the assessment of collateral used to borrow money from the bank but this rarely leads to credit rating changes, a blog post published by the ECB said on Friday. The ECB’s 2021 climate action plan made the integration of climate risks into its …
Climate risk rarely leads to ECB collateral downgrade, blog finds Read More »
LONDON (Reuters) -British house prices last month rose at the fastest pace since January, data from mortgage lender Halifax showed on Friday, adding to signs of demand in the property sector ahead of finance minister Rachel Reeves’ budget on November 26. House prices increased by 0.6% in monthly terms in October after a 0.3% fall …
UK house prices rise by most since January, Halifax data shows Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -Major stock indexes fell sharply on Thursday, with technology and consumer discretionary shares leading losses in the S&P 500, while the British pound firmed after the Bank of England opted against an interest rate cut. The S&P 500 and Nasdaq each declined more than 1%. Sterling strengthened 0.64% to $1.3132. …
Stocks fall with tech shares; sterling up as BoE keeps rates unchanged Read More »
