News
Important Only
WRAPUP 2-US retail sales increase strongly; softening labor market a headwind
Retail sales increase 0.6% in August, beating expectationsCore retail sales rise 0.7%; July gain unrevised at 0.5%Higher prices account for some of the rise in sales, but consumers also showing resilienceImport prices increase 0.3% amid strong gains in capital, consumer goods By Lucia Mutikani WA...Reuters
Tue, Sep 16
PIMCO recommends Fed halt mortgage unwind to boost housing market
By Matt TracySept 16 (Reuters) - U.S. bond firm PIMCO said on Tuesday the Federal Reserve should consider a halt to the shrinking of its mortgage holdings in order to boost the U.S. housing market.Since 2022 when it began its rate-hiking campaign, the Fed has shed the mortgage bond holdings on its b...Reuters
Tue, Sep 16
TREASURIES-US yields dip after data flurry with Fed on tap
By Chuck Mikolajczak NEW YORK, Sept 16 (Reuters) - U.S. Treasury yields slipped on Tuesday in a choppy session, retreating from earlier highs after a flurry of economic data, including a gauge of retail sales as investors awaited a policy statement from the Federal Reserve. Yields briefly extende...Reuters
Tue, Sep 16
Euro zone bond yields struggle for direction before Fed meeting
By Stefano Rebaudo Sept 16 (Reuters) - Euro zone government bond yields were little changed on Tuesday as investors stayed on the sidelines ahead of a Federal Reserve policy meeting that could shape expectations for U.S. rates.Investors will also closely watch Thursday's policy decisions from...Reuters
Tue, Sep 16
NAR reschedules August existing home sales release to Sept. 25
Sept 16 (Reuters) - The National Association of Realtors on Tuesday said it has rescheduled the release of its August Existing Homes Sales data to Thursday, September 25 at 10 a.m. EDT (1400 GMT). NAR said the change was made "to accommodate those who observe Rosh Hashanah." The data was p...Reuters
Tue, Sep 16
US business inventories increase moderately in July
WASHINGTON, Sept 16(Reuters) - U.S. business inventories increased marginally in July amid a surge in sales, government data showed.Inventories rose 0.2% after advancing by the same margin in June, the Commerce Department's Census Bureau said on Tuesday. Inventories are a key component of gross ...Reuters
Tue, Sep 16
US manufacturing output unexpectedly rises on rebound in motor vehicle production
WASHINGTON, Sept 16 (Reuters) - U.S. factory production unexpectedly increased in August amid a rebound in the output of motor vehicles and some nondurable goods, though tariffs continued to cast a shadow over the manufacturing sector.Manufacturing output rose 0.2% last month after a downwardly revi...Reuters
Tue, Sep 16
Brazil's jobless rate falls in July, hits new record low
SAO PAULO, Sept 16 (Reuters) - Brazil's jobless rate fell for the fourth consecutive time in the three months through July renewing the lowest level since the current data series began in 2012, statistics agency IBGE said on Tuesday. Unemployment in Latin America's largest economy droppe...Reuters
Tue, Sep 16
Canada's annual inflation rises less than expected in August
Yearly inflation rises by 1.9% in August against forecast of 2%Consumer Price Index dropped 0.1% on monthly basis in AugustShare of items in CPI basket that rose above 3% was at 39.1% By Promit Mukherjee OTTAWA, Sept 16 (Reuters) - Canada's annual inflation rate rose 1.9% in August as gasolin...Reuters
Tue, Sep 16
US online holiday sales growth to slow as shoppers tighten budgets, Salesforce forecasts
Sept 16 (Reuters) - U.S. online sales growth during the 2025 holiday season is expected to slow from last year, as price-conscious shoppers stay picky with their spending amid rising living costs, according to a Salesforce forecast released on Tuesday. Salesforce projects online spending between Nov...Reuters
Tue, Sep 16
Trump says just signed documents to move aide Stephen Miran to the Fed board
WASHINGTON, Sept 16 (Reuters) - U.S. President Donald Trump said on Tuesday that he had just signed documents moving economic aide Stephen Miran to the Federal Reserve Board after Miran was confirmed to the post by the Senate.Trump, who has been sharply critical of Fed Chair Jerome Powell, also told...Reuters
Tue, Sep 16
US import prices increase in August on capital, consumer goods
WASHINGTON, Sept 16 (Reuters) - U.S. import prices unexpectedly rose in August, boosted by strong increases in the costs of capital and consumer goods, suggesting domestic inflation was poised to accelerate in the coming months.Reuters
Tue, Sep 16
CORRECTED-INSTANT VIEW-Canada's annual inflation rate in August rises less than expected
TORONTO, Sept 16 (Reuters) - Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quoti...Reuters
Tue, Sep 16
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3757 to the greenback, or 72.69 U.S. cents, after trading in a range of 1.3747 to 1.3782.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Sep 16
POLL-US housing market to remain stuck in a rut as high rates choke demand
cpurl://apps.cp./cms/?pageId=house-poll poll dataBy Sarupya Ganguly BENGALURU, Sept 16 (Reuters) - The United States' sluggish housing market will remain weak through next year as high mortgage rates stifle demand with only a modest rebound expected in 2027, a Reuters survey of property exper...Reuters
Tue, Sep 16
US retail sales beat expectations in August; weakening labor market dims outlook
Labor market weakness risks consumer spendingFed expected to cut interest rates on Wednesday to support jobs market WASHINGTON, Sept 16 (Reuters) - U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tarif...Reuters
Tue, Sep 16
