News
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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.3818 to the greenback, or 72.37 U.S. cents, after trading in a range of 1.3789 to 1.3825.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Fri, Sep 19
Fed's Kashkari: Miran's arrival at Fed from Trump administration like any other transition to a new governor - CNBC
WASHINGTON, Sept 19 (Reuters) - Minneapolis Fed president Neel Kashkari said the arrival of Stephen Miran, on leave from the Trump administration, as a Fed governor did not infuse this week's central bank meeting with any particular political overtones, and was no different from other policymake...Reuters
Fri, Sep 19
Mexico's economy posts 0.2% y/y growth in August, preliminary estimate shows
MEXICO CITY, Sept 19 (Reuters) - Mexico's economy likely expanded 0.2% in August from a year earlier, a preliminary estimate from national statistics agency INEGI showed on Friday.Compared with the previous month, activity was likely up 0.1%, the agency added.Reuters
Fri, Sep 19
Mexico second quarter private spending up 1.2% from prior three months
MEXICO CITY, Sept 19 (Reuters) - Mexican private spending increased 1.2% during the second quarter of the year compared with the previous three-month period, the national statistics agency said on Friday.Annually, private spending was 0.4% lower in the second quarter.Aggregate demand increased 1.4% ...Reuters
Fri, Sep 19
USD/CNH: Any advance is unlikely to threaten the 7.1220 level – UOB Group
Further uptick in upward momentum may lead to US Dollar (USD) edging higher; any advance is unlikely to threaten the 7.1220 level. In the longer run, USD must break and hold below 7.0860 before further downside is likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Sep 19
Morning News Call - Canada, September 19
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 EVENTS0830 Retail sale...Reuters
Fri, Sep 19
Fed's Kashkari sees two more rate cuts this year as likely appropriate, given labor market risks
Kashkari says his main worry is a rapid further weakening of the labor marketInflation unlikely to rise much higher than 3%, Kashkari saysFed policymakers' median rate-path view is also for two more cuts this yearSept 19 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari on ...Reuters
Fri, Sep 19
BOE meeting goes like clockwork for once – Commerzbank
After the vote had to be repeated at the previous meeting to reach a decision - a novel occurrence - and after rather unusual voting behaviour had also been noted at previous meetings, yesterday's Bank of England meeting went like clockwork for a change, Commerzbank's FX analyst Michael Pfister noteFxstreet
Fri, Sep 19
Key parts of Trump's economic agenda now in Supreme Court's hands
Court to hear arguments in tariffs case on November 5Justices to weigh in on Trump bid to fire Fed's Lisa CookCourt has backed Trump in numerous cases this yearBy Andrew Chung Sept 19 (Reuters) - President Donald Trump's global tariffs and his bid to oust Federal Reserve Governor Lisa Coo...Reuters
Fri, Sep 19
United Kingdom: BOE holds rate steady in September – UOB Group
As expected, the Bank of England (BOE) voted by a majority of 7–2 to maintain the Bank Rate at 4.00% in September. Two members from the Monetary Policy Committee (MPC) - Swati Dhingra and Alan Taylor - voted to reduce Bank Rate by 25bps to 3.75%.Fxstreet
Fri, Sep 19
BOJ to unwind ETF holdings as split board signals hawkish shift
BOJ keeps short-term policy rate steady at 0.5%Two board members proposed unsuccessfully to hike to 0.75%BOJ decides to start selling ETFs, REITs in marketYen rallies, stocks turn negative after decisionUeda says want to scrutinise more data, see downside risksBy Leika Kihara and Makiko Yamazaki ...Reuters
Fri, Sep 19
