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Brazil’s central bank chief points to clear signs economy remains heated

6 Oct 2025

BRASILIA (Reuters) -Brazil’s central bank chief Gabriel Galipolo on Monday highlighted what he called unmistakable signs that Latin America’s largest economy remains strong, citing the heated labor market and the current account deficit. Speaking at an event hosted by the Fernando Henrique Cardoso Foundation, Galipolo said the current account deficit was a textbook sign of …

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Canada to present its main federal budget in autumn from this year on, says government

6 Oct 2025

OTTAWA (Reuters) -Canada’s main federal budget will be released in the autumn from the current year onwards rather than in the spring, finance ministry officials said on Monday.  This year’s budget, which will be unveiled in Parliament on Nov. 4, will be Prime Minister Mark Carney’s first. Analysts and economists are watching how the government …

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Saudi Arabia’s PIF wealth fund plans dual-tranche green bond sale

6 Oct 2025

By Hadeel Al Sayegh and Yousef Saba (Reuters) -Saudi Arabia’s sovereign wealth fund has hired banks to manage the sale of its first euro-denominated green bond, according to a source and a document from one of the arranging banks seen by Reuters. The Public Investment Fund and other state-linked firms are increasingly turning to the …

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Japan’s wage outlook key to BOJ rate-hike timing, ex-central bank economist says

6 Oct 2025

By Leika Kihara TOKYO (Reuters) -Japan’s wage outlook will be key to how soon the central bank resumes interest rate hikes, its former top economist Seisaku Kameda told Reuters on Monday, predicting the next increase to come either in December or January. Even without the victory of fiscal and monetary dove Sanae Takaichi in Saturday’s …

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Iranian parliament approves currency redenomination

6 Oct 2025

DUBAI (Reuters) -Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next few years to simplify transactions after years of inflation.   Years of inflation above 35% have caused Iran’s currency to plunge to 1,150,000 rials to the dollar on the free market, currency tracker bonbast.com shows, …

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Thai inflation negative for six straight months as full year forecast lowers 

6 Oct 2025

BANGKOK (Reuters) -Thailand’s annual headline inflation rate was negative for a sixth straight month in September, driven by lower energy prices, the commerce ministry said on Monday as it lowered its full year forecast to 0%. It was also the seventh consecutive month that the inflation rate was below the central bank’s target range of …

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Egypt’s non-oil private sector contracts modestly in September, PMI shows

5 Oct 2025

(Reuters) -Business conditions in Egypt’s non-oil private sector declined slightly in September as new orders fell at the fastest pace in five months, a survey showed on Sunday. S&P Global’s Egypt Purchasing Managers’ Index (PMI) slipped to 48.8 last month from 49.2 in August, marking the lowest reading in three months. A PMI below 50 …

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US dollar posts multi-week losses on fears of prolonged shutdown

3 Oct 2025

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar retreated on Friday, posting multi-week losses against major currencies, as uncertainty surrounding a U.S. government shutdown clouded the outlook and delayed key data releases, such as payrolls, critical for gauging the economy’s direction. The U.S. nonfarm payrolls report for September was due for release on Friday, but …

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Fed’s Miran wants aggressive rate cuts but downplays differences with other officials

3 Oct 2025

By Michael S. Derby (Reuters) -Federal Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump administration policies on the economy, while other central bank officials made the case for a more cautious approach citing still-worrisome inflation pressures. “My view is that if policy is …

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