Reuters US Economy

TORONTO (Reuters) – The Canadian economy added a net 153,700 jobs in November, beating expectations, and the jobless rate slipped to 6.0% from 6.7% in October, Statistics Canada said on Friday. Economists polled by Reuters had predicted a gain of 35,000 jobs in November and for the unemployment rate to fall to 6.6%. STORIES: Market …

Instant View: Canada reports bumper job gains, unemployment rate dips to 6.0% Read More »

(Reuters) – U.S. bond funds witnessed a surge in outflows in the week to Dec. 1 on rising prospects that the U.S. Federal Reserve will ramp up the pace of unwinding its bond purchases and will lift rates as soon as mid-2022. According to Refinitiv Lipper data, investors sold U.S. bond funds worth a net …

U.S. bond funds see higher outflow in the week to Dec. 1 -Lipper Read More »

(Reuters) – Global equity funds faced massive outflows in the week ended Dec. 1 on worries about the economic impact from the spread of the Omicron coronavirus variant, while the U.S. Federal Reserve’s hawkish tilt on unwinding its stimulus support also added to investor concerns. Investors sold global equity funds worth a net $15.56 billion, …

Global equity funds see biggest outflow in over seven months – Lipper Read More »

By Swathi Nair and Sarupya Ganguly BENGALURU (Reuters) – The Bank of Canada will raise interest rates by the end of the third quarter next year, according to nearly all economists polled by Reuters, with a growing minority expecting a first hike as early as end-June. Those expectations, based on the view inflation is less …

Bank of Canada Q3 2022 rate hike expected, Q2 rise possible: Reuters poll Read More »