Dollar weakens amid soft labor US data
Item 1 of 2 Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration…
Canada’s Ivey PMI shows activity expanding at slower pace in October
TORONTO, Nov 6 (Reuters) – Canadian economic activity expanded at a slower pace in October as a measure…
US layoffs for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) – U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…
Morning Bid: Selloff abates as economy hums, layoffs rise
Nov 6 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…
China’s exports seen slowing in October as front-loading against U.S. tariffs eases: Reuters poll
BEIJING, Nov 6 (Reuters) – China’s export growth probably slowed in October, as overseas orders tapered off following…
Euro zone economy grows at fastest pace in more than two years, PMI shows
Euro zone economy grew at fastest pace since May 2023 in October HCOB final composite PMI rose to…
Subdued Philippine inflation leaves door open for December rate cut
Inflation below central bank’s target for eighth month Below target inflation could allow for rate cut in December…
Bank of Japan debated growing case for rate hike, September minutes show
One member saw need to hold to avoid surprising markets Another saw timing ripe for hike from Japan…
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Asia’s factories stumble as US tariffs hit order books
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi…
Australia’s home prices surge by most in over two years in October
SYDNEY, Nov 3 (Reuters) – Australian home prices jumped by the most in more than two years in…