BUENOS AIRES (Reuters) -Argentina’s economic activity likely grew 6.4% year-on-year in June according to median forecasts of analysts polled by Reuters, who, however, warned that restrictive monetary policy and risks over the upcoming legislative elections could slow growth. The poll of 14 local and international analysts showed an mean average forecast for 6.6% growth in …
Argentina’s economy expected to grow 6.4% y/y in June Read More »
(Reuters) -A gauge of U.S. homebuilder sentiment fell unexpectedly in August, slipping back to its lowest level in more than two-and-a-half years, with more than a third of residential construction firms cutting prices and roughly two-thirds of them offering some form of incentive to lure buyers sidelined by still-high mortgage rates and economic uncertainty. The …
US homebuilder sentiment dips back to lowest level since late 2022 Read More »
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy expanded faster than expected in the second quarter on strong export growth ahead of U.S. tariffs taking full effect, but momentum is likely to slow over the rest of the year, the state planning agency said on Monday. Southeast Asia’s second-largest economy grew 2.8% in …
Thailand’s Q2 growth beats forecast but faces slowdown in H2 on tariffs Read More »
A look at the day ahead in European and global markets from Wayne Cole. You know it’s crazy times, when speculation Putin sent his body double to Alaska doesn’t sound so outlandish. What does seem clear is that President Trump has shifted back to echoing Moscow’s line, tweeting Kremlin talking points about Crimea and Zelenskiy. …
Morning Bid: Geopolitics dominates, before Fed takes the stage Read More »
LONDON (Reuters) -Asking prices for newly advertised British houses and apartments fell in the four weeks to mid-August but the drop was less notable than in the previous two months and sales in July were their highest for the time of year since 2020, a survey showed. Property website Rightmove said on Monday prices for …
Asking prices for UK homes drop but July sales hit 5-year high, Rightmove says Read More »
(Reuters) -Fitch maintained Romania’s investment-grade credit status on Friday, keeping its “BBB-” rating after the new government pushed through steps to ease its budget deficit, but the outlook remained “negative” due to persistent financial pressures. A re-run presidential election earlier this year brought centrist Nicusor Dan into power in May after the country’s worst political …
Fitch maintains Romania’s investment-grade rating but budget strains remain Read More »
(Reuters) -Canada’s main stock index closed flat on Friday as investors keenly watched a high-stakes meeting between U.S. President Donald Trump and Russian leader Vladimir Putin on a potential path to ending the war in Ukraine. Trump and Putin met face-to-face in Alaska on Friday afternoon. Markets are hoping the meeting could pave the way …
Toronto stocks subdued on Friday, closes green for the week Read More »
By Diego Oré MEXICO CITY (Reuters) -The head of the U.N. commission on Latin America, Jose Manuel Salazar, urged the region’s countries to diversify their export and import markets and to integrate their economies in response to U.S. President Donald Trump’s tariffs. “Rather than replacing imports, I would use the word diversify,” Salazar, executive secretary …
UN Commission urges Latin America to diversify markets to confront Trump’s tariffs Read More »
SAO PAULO (Reuters) -Banco do Brasil is facing the highest default level ever recorded in its agribusiness loan portfolio, CEO Tarciana Medeiros said on Friday, adding that the deterioration had not been anticipated even in the most pessimistic forecasts. The state-run lender on Thursday reported weaker-than-expected second-quarter results and announced a sharp cut to its full-year outlook, following an already challenging first …
Banco do Brasil facing record agribusiness default levels, CEO says Read More »
OTTAWA (Reuters) -Canadian home sales rose 3.8% in July from June and climbed by 6.6% on an annual basis, data from the Canadian Real Estate Association showed on Friday. The industry group’s Home Price Index showed no change in July from June and was 3.4% down compared with July 2024. The national average selling price …
