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US January employment report will be published next Wednesday, BLS says
WASHINGTON, Feb 4 (Reuters) - The U.S. Bureau of Labor Statistics said on Wednesday January's employment report will be released next Wednesday after being delayed by the recently ended three-day government shutdown.It said the Consumer Price Index report for January will now be published next F...Reuters
Wed, Feb 4
US crude and distillate stocks fell, gasoline rose last week, EIA says
By Shariq Khan, Laila Kearney and Nicole JaoNEW YORK, Feb 4 (Reuters) - U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ended January 30 as a winter storm gripped large swathes of the country, the Energy Information Administration said on Wednesday.Crude...Reuters
Wed, Feb 4
Eurozone: Inflation undershoots ahead of ECB meeting – ABN AMRO
The preliminary estimate for January Eurozone HICP inflation eased to 1.7% y/y, down from 1.9% in December, aligning with expectations. Core inflation also fell to 2.2% y/y. The ECB is expected to keep interest rates unchanged amid concerns about inflation undershooting its target.Fxstreet
Wed, Feb 4
Euro zone bond yields dip as inflation eases before ECB
Euro zone inflation drops to lowest since September 2024ECB expected to keep rates unchanged despite inflation dropGerman 10-year yield down 2 bpsBy Samuel Indyk LONDON, Feb 4 (Reuters) - Euro zone government bond yields inched lower on Wednesday after bloc-wide inflation data showed an easing of...Reuters
Wed, Feb 4
TREASURIES-Yields edge up as traders evaluate data, Warsh's Fed impact
Traders await delayed US economic data amid government shutdownADP report shows weaker-than-expected Jan private payroll growth Warsh's potential Fed policies create market uncertaintyBy Karen Brettell NEW YORK, Feb 4 (Reuters) - U.S. Treasury yields edged higher on Wednesday as traders waite...Reuters
Wed, Feb 4
US crude oil and distillate inventories fell last week, gasoline rose, EIA says
NEW YORK, Feb 4 (Reuters) - U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ending January 30, the Energy Information Administration said on Wednesday.Crude inventories fell by 3.5 million barrels to 420.3 million barrels last week, the EIA said, compare...Reuters
Wed, Feb 4
Cummins India's quarterly profit rises on lower expenses
Feb 4 (Reuters) - Engine maker Cummins India CUMM.NS reported a nearly 6% rise in adjusted quarterly profit on Wednesday, helped by lower expenses despite a drop in revenue from a year ago.The company, a unit of U.S.-based truck engine maker Cummins Inc CMI.N, posted consolidated profit before tax a...Reuters
Wed, Feb 4
Trump's one-year African Growth act extension offers brief but fragile trade reprieve, analysts say
South Africa remains in AGOA but uncertainty remains AGOA extension offers temporary relief but lacks long-term stabilityAfrican nations seek trade diversification beyond US partnershipsBy Colleen Goko JOHANNESBURG, Feb 4 - Washington's one-year extension of its preferential trade programme f...Reuters
Wed, Feb 4
-Toronto home sales fall the most in 11 months as economic uncertainty weighs
By Fergal SmithTORONTO, Feb 4 (Reuters) - Greater Toronto Area home sales fell sharply in January and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed on Wednesday.Seasonally adjusted sales dropped 9.9% last month from December ...Reuters
Wed, Feb 4
US services sector treads water in January as new orders slow
WASHINGTON, Feb 4 (Reuters) - The U.S. services sector held steady in January, but businesses paid more for inputs, suggesting that services inflation could pick up after being on a slowing trend in recent months.The Institute for Supply Management said on Wednesday its nonmanufacturing purchasing m...Reuters
Wed, Feb 4
Canada's services PMI shows sector downturn gathering pace in January
By Fergal Smith TORONTO, Feb 4 (Reuters) - The downturn in Canada's services economy deepened in January as trade uncertainty contributed to declines in activity and new business, S&P Global's Canada services PMI data showed on Wednesday.The headline Business Activity Index fell to 45...Reuters
Wed, Feb 4
Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
Feb 4 (Reuters) - Tesla TSLA.O sold less than half the number of battery-electric vehicles recorded by Chinese rival BYD in the UK last month, data from New Automotive showed on Wednesday, pointing to mounting competitive pressures on the U.S. automaker.UK car sales of Tesla plunged more than 57% ov...Reuters
Wed, Feb 4
