Philly Fed’s factory gauge surges by most since June 2020
(Reuters) – A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half…
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will cut interest rates by 25 basis points to 3.00%…
Column-EM central banks cool on Treasuries, stoking bond yield heat: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Spiking Treasury yields and the ‘wrecking ball’ dollar are creating a negative feedback…
French PM Bayrou survives no-confidence vote
By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test…
WHO calls for international support to fund aid in Gaza after ceasefire deal
By Jennifer Rigby and Christy Santhosh (Reuters) – The World Health Organization called for the international community to step up…
Capital Economics sees economic progress in South Africa
Capital Economics highlighted the progress made by South Africa’s Government of National Unity (GNU) in the six months since its…
Fed should stay independent, Trump’s pick for US Treasury Secty says
(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on…
Scott Bessent’s hearing for Treasury Secretary: tariffs, taxes and spending in focus
Investing.com — Scott Bessent, the fund manager selected by President-elect Donald Trump to head the Treasury Department, faced questions on…
Tariff-fuelled dollar gains pose global stagflation risks, BIS warns
By Marc Jones LONDON (Reuters) – Staff at central bank umbrella group, the Bank for International Settlements, have warned of…
US imposing new export controls on biotech equipment over China concerns
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology…