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Pennsylvania thieves haul away precious loot: 100,000 eggs
By Rich McKay Feb 5 (Reuters) - Pennsylvania State Police were hunting on Wednesday for thieves who stole about 100,000 organic eggs from a wholesaler's warehouse over the weekend, a haul worth more than $40,000 retail amid a national shortage that has caused prices to surge.Pennsylvania Stat...
Reuters
Feb 5, 2025
ECB's Centeno: May need to go below neutral to sustain inflation
European Central Bank (ECB) Governing Board Member Mario Centeno noted that deflationary pressures within the European economy are becoming a concern for policymakers.
Fxstreet
Feb 5, 2025
TREASURIES-US yields tumble to multi-week lows after service sector data, tariff risks
US 10-year yield hits lowest since mid-DecemberUS two-year yield falls to lowest since Dec. 12US two/10-year yield curve flattens, narrowest gap since Dec. 23 Recasts, adds new comment, U.S. data, bullets, byline, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 5 (Reuters) - U.S. Treasury...
Reuters
Feb 5, 2025
Canada posts first trade surplus in 10 months, driven by US stockpiling, strong demand
Canada reports December surplus of C$708 millionExports grew by 4.9% and imports expanded by 2.3%Trade surplus with U.S. widened to C$11.3 billion Updates with context in paragraphs 1, 14-15, comments in 8-9, 13By Promit MukherjeeOTTAWA, Feb 5 (Reuters) - Canada in December posted its first trade su...
Reuters
Feb 5, 2025
Russia Industrial Output climbed from previous 3.7% to 8.2% in December
Russia Industrial Output climbed from previous 3.7% to 8.2% in December
Fxstreet
Feb 5, 2025
TREASURIES-US yields extend fall after service sector data
By Gertrude Chavez-DreyfussNEW YORK, Feb 5 (Reuters) - U.S. Treasury yields extended their declines on Wednesday after data showed the U.S. services sector activity unexpectedly slowed in January.The Institute for Supply Management (ISM) said on Wednesday its nonmanufacturing purchasing managers ind...
Reuters
Feb 5, 2025
Fed's Barkin expects Q1 year-on-year inflation will come down 'significantly'
Feb 5 (Reuters) - Richmond Fed President Tom Barkin said on Wednesday he expects annual inflation rate figures will come down "significantly" in the first quarter as higher figures from a year earlier drop out of the calculation.Barkin, speaking on the sidelines of a Conference Board event i...
Reuters
Feb 5, 2025
US ISM Services PMI declines to 52.8 in January vs. 54.3 expected
The economic activity in the US service sector continued to expand in January, albeit at a softer pace than in December, with the ISM Services PMI declining to 52.8 from 54.
Fxstreet
Feb 5, 2025
United States ISM Services PMI came in at 52.8 below forecasts (54.3) in January
United States ISM Services PMI came in at 52.8 below forecasts (54.3) in January
Fxstreet
Feb 5, 2025
United States ISM Services Employment Index rose from previous 51.4 to 52.3 in January
United States ISM Services Employment Index rose from previous 51.4 to 52.3 in January
Fxstreet
Feb 5, 2025
United States ISM Services Prices Paid: 60.4 (January) vs previous 64.4
United States ISM Services Prices Paid: 60.4 (January) vs previous 64.4
Fxstreet
Feb 5, 2025
United States ISM Services New Orders Index fell from previous 54.2 to 51.3 in January
United States ISM Services New Orders Index fell from previous 54.2 to 51.3 in January
Fxstreet
Feb 5, 2025
Toronto home sales rebound 10% in January
By Fergal SmithTORONTO, Feb 5 (Reuters) - Greater Toronto Area home sales rebounded in January as new listings climbed, while home prices were little changed after two straight months of increases, data from the Toronto Regional Real Estate Board (TRREB) showed on Wednesday.Seasonally adjusted sales...
Reuters
Feb 5, 2025
US services sector cools in January; price pressures abate
WASHINGTON, Feb 5 (Reuters) - U.S. services sector activity unexpectedly slowed in January amid cooling demand, helping to curb price growth.The Institute for Supply Management (ISM) said on Wednesday its nonmanufacturing purchasing managers index (PMI) slipped to 52.8 last month from 54.0 in Decemb...
Reuters
Feb 5, 2025
RPT-Canada's services PMI shows activity shrinking in January
Repeats to add metadata, no change to content of storyBy Fergal Smith TORONTO, Feb 5 (Reuters) - Canada's services economy deteriorated for the second straight month in January as uncertainty generated by the threat of U.S. trade tariffs offset lower borrowing costs, S&P Global's Cana...
Reuters
Feb 5, 2025
United States S&P Global Composite PMI above forecasts (52.4) in January: Actual (52.7)
United States S&P Global Composite PMI above forecasts (52.4) in January: Actual (52.7)
Fxstreet
Feb 5, 2025
United States S&P Global Services PMI registered at 52.9 above expectations (52.8) in January
United States S&P Global Services PMI registered at 52.9 above expectations (52.8) in January
Fxstreet
Feb 5, 2025
Tesla sees German car sales plunge in January
FRANKFURT, Feb 5 (Reuters) - Tesla TSLA.O sold almost 60% fewer cars in Germany in January than in the year-earlier period, as the U.S. electric vehicle maker faces a test of popularity amid headline-grabbing political involvement by its billionaire CEO Elon Musk. German road traffic agency KBA...
Reuters
Feb 5, 2025
Brazil's 2024 industrial output notches annual gain but drops at year-end
Adds background, quotes from IBGE survey manager and economist throughout SAO PAULO, Feb 5 (Reuters - Industrial production in Brazil expanded in 2024, official data showed on Wednesday, but a third consecutive monthly drop in December reinforced signs of an economic slowdown. Production rose 3.1...
Reuters
Feb 5, 2025
RPT-US trade deficit widens sharply in December as imports hit record high
Repeats to additional readers, no change to text of story WASHINGTON, Feb 5 (Reuters) - The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats. The trade gap increased 24.7% to $98.4 billion, the highest since March 2022, from ...
Reuters
Feb 5, 2025
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