Morning Bid: ‘Tis the season for macro forecasts
LONDON, December 5 (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and…
Canada’s unemployment rate shrinks to lowest in 16 months as part-time jobs increase
Canada’s unemployment rate in November falls to 6.5% Economy adds a net of 53,600 jobs in November Canada…
Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
AI’s rise stirs excitement, sparks job worries
AI’s impact on job growth and work transformation discussed at Reuters NEXT Concerns over AI’s role in job…
Australia’s household spending surges, lifting rate hike bets
Strong spending data bodes well for Q4 GDP Shoppers lured by year-end sales events, discretionary spending jumps Swaps…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
UK set for faster growth in 2026, slower inflation, OECD forecasts
UK growth revised up to 1.2% in 2026, rising to 1.3% in 2027 Inflation forecast to slow from…
Tariffs, AI boom could test global growth’s resilience, OECD says
Global growth seen at 3.2% in 2025, easing to 2.9% in 2026 US growth revised up to 2%…
Euro zone growth, inflation on benign path, keeping rate cut bets muted
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations…
Bank of Mexico cuts growth forecast as inflation optimism is questioned
Banxico cuts GDP growth forecast to 0.3% for 2025 Deputy governor has questioned credibility of inflation forecasts Analysts’…
US weekly jobless claims at seven-month low amid low layoffs
Weekly jobless claims drop 6,000 to 216,000 Continuing claims increase 7,000 to 1.960 million Core capital goods orders,…
Morning Bid: Giving thanks for bad economic news
Nov 26 – What matters in U.S. and global markets today Weaker-than-expected U.S. economic data has upped bets…