Currencies

Brazil economy to grow at least 3% this year, finance minister says

Brazil Finance Minister Fernando Haddad said on Wednesday that the government is expected to raise its annual economic growth forecast to above 3%, up from the current projection of 2.5%. ...

Small Aug CPI rise seen sealing 25 bp cut next week

U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week. ...

US consumer prices rise moderately in August

U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week. ...

A swift change to inflation-watch

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. As a combative U.S. presidential debate grabs attention, upcoming U.S. inflation numbers have fallen into the...

Yen eyes 5-week high as focus turns to US presidential debate, inflation

The yen hovered near a five-week peak and the dollar hung close to a three-week top versus the euro on Wednesday, as traders waited nervously for a key inflation report that could provide clues on how...

US inflation-adjusted income rose in 2023 while poverty rate edged up, Census data shows

U.S. inflation-adjusted household income increased but a measure of the poverty rate also edged up last year, the U.S. Census Bureau reported on Tuesday, offering a snapshot of how American households...

Bank of Canada says trade disruptions could hinder inflation fight

Global trade disruptions could make it harder for the Bank of Canada to consistently meet its 2% inflation target, and it will have to balance the risks of controlling higher prices with ensuring...

US small business sentiment ebbs in August amid rising uncertainty

U.S. small-business confidence fell in August, reversing the prior month's jump amid growing uncertainty ahead of the Nov. 5 presidential election and expectations of weak sales. The...

Fed's Barr to unveil Basel plan after industry pushback, regulatory delays

The Federal Reserve's regulatory chief on Tuesday will outline how officials plan to advance the Basel Endgame bank capital hikes after intense industry opposition delayed the project and sparked...

US election is just one risk among many for nervous stock market

Growing risks to the U.S. stock rally are spurring demand for portfolio hedging, options markets showed, as investors grapple with U.S. economic uncertainty, shifting Federal Reserve policy and a...

Asia shares dragged by Wall St dive, bonds bullish

Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, while dragging bond yields and commodity prices lower as investors avoided risk assets for...

Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say

RIO DE JANEIRO -Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100 billion reais for the collapse of a...

Traders see Fed starting with 25 bps cut in Sept

Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its next meeting, after Fed Governor Christopher Waller said recent labor market data...

Fed seen delivering upsized rate cut as US job growth cools

Traders see the Federal Reserve starting a round of interest rates cuts this month with an upsized 50 basis point reduction, after a government report showed the unemployment rate eased to 4.2% in...

Canada's unemployment rate at 6.6%, surges past seven year high outside of pandemic

Canada's unemployment rate edged up to 6.6% in August, scaling a peak last seen more than seven years ago outside of pandemic years of 2020 and 2021, data showed on Friday. The economy...

Dax starts trading lower ahead of US labor market data

The Dax started trading slightly lower ahead of the release of US labor market data this afternoon. The leading German index lost 0.3 percent to 18,527 points on Friday. Investors are...

Payrolls, Williams and Waller - a big decider

A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the...

X global affairs head Nick Pickles resigns

X's global affairs head Nick Pickles said on Thursday he is quitting after a decade with the social media company formerly called Twitter. Pickles, who joined the company in 2014, said...

Brazil posts lower-than-expected trade surplus in August

Brazil posted a trade surplus of $4.828 billion in August, government data showed on Thursday, down nearly 50% from a year earlier and below market estimates of a $6.1 billion surplus in a Reuters...