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Fed leaning toward more rate cuts amid uncertainty, Barkin says
Adds context in paragraphs 4-7 WASHINGTON, Feb 5 (Reuters) - The U.S. Federal Reserve is still leaning toward further rate cuts this year, although uncertainty about the impact of new Trump administration initiatives on things like tariffs, immigration and regulations will need to be better under...
Reuters
Feb 5, 2025
United States Goods and Services Trade Balance registered at $-98.4B, below expectations ($-96.6B) in December
United States Goods and Services Trade Balance registered at $-98.4B, below expectations ($-96.6B) in December
Fxstreet
Feb 5, 2025
Canada Imports rose from previous $66.43B to $68.76B in December
Canada Imports rose from previous $66.43B to $68.76B in December
USD/CAD
Fxstreet
Feb 5, 2025
Canada International Merchandise Trade came in at $0.71B, below expectations ($0.75B) in December
Canada International Merchandise Trade came in at $0.71B, below expectations ($0.75B) in December
Fxstreet
Feb 5, 2025
United States Goods Trade Balance dipped from previous $-122.1B to $-123B in December
United States Goods Trade Balance dipped from previous $-122.1B to $-123B in December
Fxstreet
Feb 5, 2025
Canada Exports climbed from previous $66.11B to $69.46B in December
Canada Exports climbed from previous $66.11B to $69.46B in December
USD/CAD
Fxstreet
Feb 5, 2025
Treasury to keep most auction sizes unchanged for next few quarters
Feb 5 (Reuters) - The U.S. Treasury Department on Wednesday said it expects to keep its coupon and floating rate note auction sizes steady for at least the next several quarters, but will continue to incrementally increase the size of its Treasury Inflation-Protected Securities (TIPS) auctions.It al...
Reuters
Feb 5, 2025
US private payrolls growth picks up in January
WASHINGTON, Feb 5 (Reuters) - U.S. private payrolls growth picked up in January, the ADP National Employment Report showed on Wednesday.Private payrolls increased by 183,000 jobs last month after an upwardly revised 176,000 rise in December. Economists polled by Reuters had forecast private employme...
Reuters
Feb 5, 2025
BoE expected to cut 25bps Thursday – Scotiabank
Final January UK PMI data were revised lower but both Services and Composite activity remained in expansion territory (at 50.8 and 50.6 respectively), Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Feb 5, 2025
US ADP private sector employment rises 183,000 in January vs. 150,000 expected
Private sector employment in the US rose 183,000 in December and annual pay was up 4.7% year-over-year, the Automatic Data Processing (ADP) reported on Wednesday.
Fxstreet
Feb 5, 2025
Fed leaning toward more rate cuts amid uncertainty, Barkin says
WASHINGTON, Feb 5 (Reuters) - The U.S. Federal Reserve is still leaning towards further rate cuts this year although uncertainty about the impact of new tariff, immigration, regulatory and other Trump administration initiatives will need to be better understood, Richmond Fed president Tom Barkin sai...
Reuters
Feb 5, 2025
United States ADP Employment Change above forecasts (150K) in January: Actual (183K)
United States ADP Employment Change above forecasts (150K) in January: Actual (183K)
Fxstreet
Feb 5, 2025
Fed's Barkin: Still think policy rate is modestly restrictive
In an interview with Bloomberg on Wednesday, Richmond Federal Reserve President Thomas Barkin said that he still thinks the policy rate is modestly restrictive, per Reuters.
Fxstreet
Feb 5, 2025
Morning News Call - Canada, February 5
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 Reserve Ass...
Reuters
Feb 5, 2025
ANALYSIS-Hungary's shaky economy disrupts Orban's re-election playbook
Price rises, low birth rate challenge Orban's upbeat view of economyCentral bank warns of increased inflation risksU.S. tariffs could hit export-reliant central EuropeSurging opposition rival poses threat to Orban's FideszBy Gergely Szakacs BUDAPEST, Feb 5 (Reuters) - Hungarian Prime Mini...
Reuters
Feb 5, 2025
Kenya has started talks with the IMF for a new program, finance minister says
NAIROBI, Feb 5 (Reuters) - Kenya has already started talks with International Monetary Fund officials to secure a new lending program when the current one expires in April, its finance minister told Reuters on Wednesday.The East African nation needs continued support from the Washington-based lender...
Reuters
Feb 5, 2025
FACTBOX-Foreign companies embroiled in tax disputes with India
NEW DELHI, Feb 5 (Reuters) - Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable on big M&A transactions, leading to prolonged litigation at times. Here are some of the key past and current tax disputes involving foreign co...
Reuters
Feb 5, 2025
CORRECTED-Brazil's industrial output falls 0.3% in December
Corrects headline, first paragraph to clarify industrial output fell, not roseFeb 5 (Reuters - Industrial production in Brazil fell 0.3% in December from November BRIO=ECI, government statistics agency IBGE said on Wednesday.The median estimate in a Reuters poll projected a decline of 0.5%.Productio...
Reuters
Feb 5, 2025
United States MBA Mortgage Applications up to 2.2% in January 31 from previous -2%
United States MBA Mortgage Applications up to 2.2% in January 31 from previous -2%
Fxstreet
Feb 5, 2025
India M3 Money Supply: 9.6% (January 20) vs previous 10.1%
India M3 Money Supply: 9.6% (January 20) vs previous 10.1%
Fxstreet
Feb 5, 2025
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