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FACTBOX-Most global brokerages expect two more Fed rate cuts in 2026
Dec 19 (Reuters) - Most top global brokerages are predicting two rate cuts by the U.S. Federal Reserve totaling 50 basis points in 2026, but have varied expectations on the timings, given the central bank's caution for a pause in the near term.Earlier this month, a sharply divided Fed trimmed po...
Reuters
Fri, Dec 19
Canada October retail sales down 0.2%; seen up 1.2% in November
OTTAWA, Dec 19 (Reuters) - Canadian retail sales fell by 0.2% in October from September to C$69.44 billion ($50.40 billion), on lower sales at food and beverage retailers, Statistics Canada said on Friday. In October, sales were down in four of the nine subsectors, representing 41.6% of retail sales...
Reuters
Fri, Dec 19
Fed's Williams doesn't see urgent need to cut interest rates again, in CNBC interview
By Michael S. DerbyDec 19 (Reuters) - Federal Reserve Bank of New York President John Williams said Friday that he did not see any imminent need to follow last week’s interest rate cut with another easing.In a CNBC interview, the Fed official said he did not have a “sense of urgency” to lower rates,...
Reuters
Fri, Dec 19
Canada New Housing Price Index (YoY) fell from previous -1.8% to -1.9% in November
Canada New Housing Price Index (YoY) fell from previous -1.8% to -1.9% in November
Fxstreet
Fri, Dec 19
Canada New Housing Price Index (MoM) in line with forecasts (0%) in November
Canada New Housing Price Index (MoM) in line with forecasts (0%) in November
Fxstreet
Fri, Dec 19
Canada Retail Sales ex Autos (MoM) came in at -0.6% below forecasts (0.2%) in October
Canada Retail Sales ex Autos (MoM) came in at -0.6% below forecasts (0.2%) in October
Fxstreet
Fri, Dec 19
Canada Retail Sales (MoM) came in at -0.2% below forecasts (0%) in October
Canada Retail Sales (MoM) came in at -0.2% below forecasts (0%) in October
USD/CAD
Fxstreet
Fri, Dec 19
ECB’s Sleijpen: inflation risks are large
European Central Bank (ECB) policymaker Olaf Sleijpen spoke at a news conference in Amsterdam, Netherlands, on Friday.
EUR/USD
Fxstreet
Fri, Dec 19
JPY: BoJ raises policy rate and signals ongoing tightening – BBH
The Bank of Japan (BOJ) unanimously voted to raise the policy rate 25bps to 0.75% (widely expected) and reinforced its tightening bias.
USD/JPY
Fxstreet
Fri, Dec 19
Conagra maintains annual forecasts
Dec 19 (Reuters) - Conagra Brands CAG.N maintained its annual sales and profit forecasts on Friday, as pressured consumer spending and stiff competition weigh on demand for its pantry staples such as Slim Jim meat snacks and Act II popcorn.The company continues to expect annual net sales between a 1...
Reuters
Fri, Dec 19
CORRECTED-Mexico third quarter private spending up 1.1% qtr/qtr
MEXICO CITY, Dec 19 (Reuters) - Mexican private spending rose 1.1% during the third quarter compared to the previous three-month period, the national statistics agency said on Friday.Private spending was 1.6% higher than during the same period a year earlier.Aggregate demand increased 0.7% from the ...
Reuters
Fri, Dec 19
Morning News Call - Canada, December 19
(Morning News Call - Canada will not be published during the year-end holiday season from December 22, 2025 through January 2, 2026. Normal service will resume from January 5, 2026. Season’s Greetings and Happy New Year)To access a PDF version of this newsletter, please click hereYou can read Mornin...
Reuters
Fri, Dec 19
Mexico Private Spending (YoY) climbed from previous -0.4% to 1.4% in 3Q
Mexico Private Spending (YoY) climbed from previous -0.4% to 1.4% in 3Q
Fxstreet
Fri, Dec 19
Mexico Private Spending (QoQ) increased to 1.1% in 3Q from previous -0.4%
Mexico Private Spending (QoQ) increased to 1.1% in 3Q from previous -0.4%
Fxstreet
Fri, Dec 19
ECB policymakers not yet ready to take rate cut off the table
Markets see steady rates in 2026Policymakers warn about large growth, inflation risksSome still see downside risks FRANKFURT, Dec 19 (Reuters) - European Central Bank policymakers warned on Friday about oversized risks around their latest economic projections, making the case for caution in setti
Reuters
Fri, Dec 19
ECB’s Kazaks: Counter-productive to talk about direction of rates
European Central Bank (ECB) policymaker and the current governor of the Central Bank of Latvia, Mārtiņš Kazāks, said during the European trading session that the consumer inflation expectations remain well-anchored.
EUR/USD
Fxstreet
Fri, Dec 19
ECB's Escriva expects monetary policy to remain steady
MADRID, Dec 19 (Reuters) - ECB policymaker Jose Luis Escriva said on Friday he saw no reason for a change in interest rates and that he expected monetary policy to remain steady in the foreseeable future.The European Central Bank kept its policy rates steady on Thursday and revised upwards some of i...
Reuters
Fri, Dec 19
Trump hopes North Carolina speech will bolster his standing on US economy
Trump works to turn around public opinion on economyOpinion polls show Americans have doubts Stopping in North Carolina en route to Florida for the holidaysBy Steve Holland WASHINGTON, Dec 19 (Reuters) - U.S. President Donald Trump will travel to North Carolina on Friday, seeking to convince Amer...
Reuters
Fri, Dec 19
ECB's Escriva sees no need to change interest rates
MADRID, Dec 19 (Reuters) - ECB policymaker Jose Luis Escriva said on Friday he saw no reason for a change in interest rates and that he expected monetary policy to remain steady in the foreseeable future.The European Central Bank kept its policy rates steady on Thursday and revised upwards some of i...
Reuters
Fri, Dec 19
Russia's Putin warns of risks for top oil producers' reserves in EU
MOSCOW, Dec 19 (Reuters) - Russian President Vladimir Putin warned on Friday of risks for international reserves held by the world's top oil producers in the European Union, following discussions by EU leaders about using Russian assets to finance Ukraine. Putin's remarks were aimed at some ...
Reuters
Fri, Dec 19
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