Reuters US Economy

Fed’s T-bill pivot expected to ease supply, but rate futures flag tight funding

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The Federal Reserve’s decision on Wednesday to begin winding down its long-running balance sheet runoff has done little to ease concerns about near-term liquidity strains in the roughly $4 trillion U.S. overnight repurchase market. U.S. repo futures continue to reflect expectations of elevated overnight funding rates over the next …

Fed’s T-bill pivot expected to ease supply, but rate futures flag tight funding Read More »

German manufacturing sector remains sluggish in October, PMI shows

BERLIN (Reuters) -Germany’s manufacturing sector showed little sign of recovery in October as production growth slowed down again, a business survey showed on Monday.  The headline HCOB Germany Manufacturing PMI inched up to 49.6 from 49.5 in September, remaining below the 50.0 threshold that separates expansion from contraction, S&P Global reported. While output grew, the …

German manufacturing sector remains sluggish in October, PMI shows Read More »

India manufacturing growth picks up in October as domestic demand strengthens, PMI shows

BENGALURU (Reuters) -India’s manufacturing activity gained momentum in October as domestic demand strengthened, offsetting a slowdown in export growth, although business optimism slipped from a seven-month high, a business survey showed on Monday. The HSBC India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 59.2 in October from 57.7 in September, higher than …

India manufacturing growth picks up in October as domestic demand strengthens, PMI shows Read More »

Turkey inflation dips more than expected to less than 33%

ANKARA (Reuters) -Turkish inflation eased to 32.87% annually and to 2.55% monthly in October, both below expectations, according to official data on Monday that could reinforce the central bank’s decision to slow but not stop its rate-cutting cycle.  A Reuters poll had forecast annual inflation of 33.24% and a monthly rise of 2.83%.  Consumer price …

Turkey inflation dips more than expected to less than 33% Read More »

Turkey’s monthly inflation seen at 2.83% in October, year-end seen 32%

ISTANBUL (Reuters) -Turkey’s monthly inflation rate is expected to be 2.83% in October, driven by hikes in clothing and food prices, while the year-end annual inflation forecast rose to 32%, a Reuters poll showed on Thursday. The median estimate of ten economists showed monthly inflation, although remaining elevated, easing to 2.83% from 3.23% in September. …

Turkey’s monthly inflation seen at 2.83% in October, year-end seen 32% Read More »

Australia household spending rises modestly in September, consumer demand patchy

SYDNEY (Reuters) -Australian household spending edged higher in September as gains in food, health, and petrol were offset by drops in air travel and accommodation, suggesting only a patchy recovery in consumer demand. Monday’s data from the Australian Bureau of Statistics showed its monthly household spending indicator (MHSI) rose 0.2% in September, after a flat …

Australia household spending rises modestly in September, consumer demand patchy Read More »

Irish manufacturing growth slows to 10-month low in October, PMI shows

DUBLIN (Reuters) -Growth in Ireland’s manufacturing sector slowed to its weakest level in 10 months in October, as production volumes stagnated and new business growth eased amid subdued export sales, a survey found on Monday. The AIB Ireland Manufacturing Purchasing Managers’ Index (PMI) fell to 50.9 in October from 51.8 in September, above the 50.0 …

Irish manufacturing growth slows to 10-month low in October, PMI shows Read More »

European shares end week lower after corporate results, inflation data

By Medha Singh and Purvi Agarwal (Reuters) -European equities edged lower on Friday as investors absorbed mixed quarterly results and a benign euro zone inflation report that reinforced the European Central Bank’s view that price pressures remain contained. The pan-European STOXX 600 index ended down 0.5%, its fourth straight losing session. However, it wrapped up …

European shares end week lower after corporate results, inflation data Read More »

Canada budget deficit over first five months of 2025/26 rises to C$11.07 billion

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 earlier had been C$9.84 billion, it said …

Canada budget deficit over first five months of 2025/26 rises to C$11.07 billion Read More »

Close Bitnami banner
Bitnami