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Japan's service activity expands on solid demand, PMI shows
TOKYO, Jan 6 (Reuters) - Japan's service activity expanded for a second straight month in December, buoyed by solid demand and business expansion, a private-sector survey showed on Monday.The final au Jibun Bank Service purchasing managers' index (PMI) grew to 50.9 in December from 50.5 in November,...
Reuters
Jan 6, 2025
PBOC vows more stimulus to boost consumption
The People’s Bank of China (PBOC) said it will step up financial support for technology innovation and consumption stimulation as part of a continued effort to boost economic growth, per Bloomberg.
Fxstreet
Jan 5, 2025
Fed's Kugler: Job not done on inflation
Federal Reserve (Fed) Governor Adriana Kugler said on Saturday that inflation remains uncomfortably above the Fed’s target, but the central bank is working on that, per Reuters.
Fxstreet
Jan 5, 2025
RPT-EXPLAINER-What's next after Biden blocked the $15 bln Nippon Steel/US Steel deal?
Repeats explainer published on Saturday, no changes to textUS Steel, Nippon Steel blast Biden's block of dealConcerns about U.S.-Japanese relationsUnion says job risk unfounded Jan 4 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's 5401.T proposed $14.9 billion purchase of U.S. Steel X...
Reuters
Jan 5, 2025
UK business morale hits two-year low after tax rises, survey shows
By David Milliken LONDON, Jan 5 (Reuters) - British companies are the gloomiest since former Prime Minister Liz Truss' September 2022 "mini-budget", following unexpectedly large tax increases in the new Labour government's Oct. 30 budget, a business survey showed.The British Chambers of Commerce,...
Reuters
Jan 5, 2025
Australia Judo Bank Composite PMI: 50.2 (December) vs 49.9
Australia Judo Bank Composite PMI: 50.2 (December) vs 49.9
Fxstreet
Jan 5, 2025
Australia Judo Bank Services PMI rose from previous 50.4 to 50.8 in December
Australia Judo Bank Services PMI rose from previous 50.4 to 50.8 in December
Fxstreet
Jan 5, 2025
UPDATE 1-Egypt to receive $1.2 billion as part of IMF programme in January, finance minister says
Adds details throughout CAIRO, Jan 5 (Reuters) - Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion programme with the international lender, Finance Minister Ahmed Kouchouk said on Sunday. Last month, the IMF said...
Reuters
Jan 5, 2025
South Korea FX Reserves rose from previous 415.39B to 415.6B in December
South Korea FX Reserves rose from previous 415.39B to 415.6B in December
Fxstreet
Jan 5, 2025
REFILE-UPDATE 2-Fed's Kugler, Daly say job not done on inflation
Removes paragraphs 8-21 to avoid duplicationPolicymakers also say they don't want to increase unemploymentFed has signaled slower rate cuts this year than lastEffect of Trump policies on economy remains a wildcardBy Ann SaphirJan 4 (Reuters) - Two Federal Reserve policymakers on Saturday said they f...
Reuters
Jan 5, 2025
UPDATE 2-Fed's Kugler, Daly say job not done on inflation
Policymakers also say they don't want to increase unemploymentFed has signaled slower rate cuts this year than lastEffect of Trump policies on economy remains a wildcardAdds inflation figures in paragraph 3, policymakers not addressing the potential effect of Trump's economic policies in paragraph 7...
Reuters
Jan 5, 2025
UPDATE 1-Fed's Kugler, Daly say job not done on taming inflation
Adds comments from Daly, Kugler in paragraphs 4-5, background in paragraph 2-3By Ann SaphirJan 4 (Reuters) - Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job on taming inflation is not yet done, but also do not want to risk damaging the labor market in the pro...
Reuters
Jan 4, 2025
Fed's Kugler, Daly say job not done on taming inflation
Jan 4 (Reuters) - Federal Reserve Governor Adriana Kugler on Saturday said the U.S. economy ended 2024 in a good place, with inflation down from its peak and the labor market near full employment, but the U.S. central bank's job on taming inflation is not yet done. Speaking at the same panel, San Fr...
Reuters
Jan 4, 2025
EXPLAINER-What's next after Biden blocked the $15 bln Nippon Steel/US Steel deal?
US Steel, Nippon Steel blast Biden's block of dealConcerns about U.S.-Japanese relationsUnion says job risk unfoundedUpdates to add pictures available Jan 4 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's 5401.T proposed $14.9 billion purchase of U.S. Steel X.N citing national securit...
Reuters
Jan 4, 2025
EXPLAINER-What's next after Biden blocked the $15 bln Nippon Steel/US Steel deal?
US Steel, Nippon Steel blast Biden's block of dealConcerns about U.S.-Japanese relationsUnion says job risk unfoundedRewrites throughout, adds background, details on Trump position, relationship with Japan, outlook for US Steel, changes headline Jan 4 (Reuters) - U.S. President Joe Biden blocked ...
Reuters
Jan 4, 2025
UPDATE 13-Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
Adds U.S. Steel CEO comment, former Obama aide, closing share priceBiden cites national security as reason for blocking saleCompanies call decision a 'violation of due process'U.S. Steel's path forward is unclearSteelworkers union praises U.S. president's decisionBy David Shepardson, Tim Kelly, Andr...
Reuters
Jan 3, 2025
UPDATE 1-Fed's Kugler says data will drive Fed policy choices amid uncertainty
Fed's Kugler tells CNBC data driving Fed policyFed's Kugler sees economy in good place, job market resilientFed's Kugler watching for evidence inflation easing againAdds more details, background throughoutBy Michael S. Derby Jan 3 (Reuters) - Federal Reserve Governor Adriana Kugler said on Friday...
Reuters
Jan 3, 2025
TABLE-US light-vehicle sales volumes in Q4 2024
Jan 3 (Reuters) - The following are the U.S. light-vehicle sales volumes for Q4 2024: AUTOMAKERQ4 2024Q4 2023PCT CHNG1General Motors755,160625,17620.8%2Toyota Motor^603,104619,661-2.7%3Ford Motor530,660487,8408.8%4Honda Motor Co^^367,362337,5118.8%5Hyundai226,308206,0489.8%6Nissan^^^222,484201,74710...
Reuters
Jan 3, 2025
TREASURIES-Yields edge higher ahead of labor market data, supply
Updates for New York afternoonBy Alden Bentley NEW YORK, Jan 3 (Reuters) - U.S. Treasury yields held steady near recent highs on Friday, ticking upward after encouraging manufacturing news but marking time in holiday-deadened trade before key employment data and a wave of note and bond issuance n...
Reuters
Jan 3, 2025
What to Watch in the Week Ahead and on Monday, January 6
The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMTON MONDAYOn the U.S. economic calendar, the Comme...
Reuters
Jan 3, 2025
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