News
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China's new home prices fall at fastest pace in 11 months
63 of 70 cities reported monthly home price declinesSecondary home prices fell broadly across citiesCentral Committee meeting to discuss new five-year development plan BEIJING, Oct 20 (Reuters) - China's new home prices fell at the fastest pace in 11 months in September, worsening the propert...Reuters
Tue, Oct 21
USTR proposes 100% tariffs on Nicaraguan goods after finding labor abuses
By David LawderOct 20 (Reuters) - The Trump administration may impose tariffs of up to 100% on Nicaraguan goods after finding that Nicaragua's labor and human rights policies are unreasonable and impeding U.S. commerce, the U.S. Trade Representative's office said on Monday. Releasing the res...Reuters
Mon, Oct 20
TREASURIES-US bonds rise amid easing China trade fears, but shutdown keeps investors wary
US yields in consolidation modeWhite House economic adviser says shutdown could end this weekBond market looks to US inflation data on FridayBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 20 (Reuters) - U.S. Treasuries were moderately bid on Monday, with yields edging lower and trading held within tig...Reuters
Mon, Oct 20
US business lobby urges Trump to end new curbs on exports to China
By Alexandra Alper WASHINGTON, Oct 20 (Reuters) - A lobbying group whose board includes U.S. firms like Oracle ORCL.N, Amazon.com AMZN.O and Exxon Mobil XOM.N is urging the Trump administration to immediately suspend a rule it says halted billions of dollars' worth of U.S. exports and will pr...Reuters
Mon, Oct 20
US business lobby urges Trump to axe new curbs on exports to China
By Alexandra Alper WASHINGTON, Oct 20 (Reuters) - A lobbying group whose board includes U.S. firms like Oracle ORCL.N, Amazon.com AMZN.O and Exxon Mobil XOM.N is urging the Trump administration to immediately suspend a rule it says halted billions of dollars' worth of U.S. exports and will pr...Reuters
Mon, Oct 20
Kroger to hire 18,000 workers for 2025 holiday season, fewer than last year
Oct 20 (Reuters) - Kroger KR.N said on Monday its family of companies are looking to hire over 18,000 associates as the U.S. grocer preps for the busy holiday season, about 7,000 fewer than last year.The hires would be focused on customer-facing roles such as cashiers, baggers, deli bakery clerks an...Reuters
Mon, Oct 20
POLL-Inflation in Mexico likely slowed in early October
MEXICO CITY, Oct 20 (Reuters) - Mexico's annual inflation rate likely slowed in the first half of October, a Reuters poll showed on Monday, supporting bets the central bank of Latin America's second-largest economy will continue to cut its benchmark interest rate through the end of this year...Reuters
Mon, Oct 20
U.S. government shutdown drags on – Rabobank
The federal government has been partially shut down for about three weeks now. Non-essential civil servants have been furloughed, while many essential government employees are still working but are going to miss their paycheck and possibly even their back wages, Rabobank's economists report.Fxstreet
Mon, Oct 20
Bank of Canada survey shows sentiment improving, but expectations remain soft
The Bank of Canada's (BoC) latest sentiment survey of Canadian businesses revealed that while firms are experiencing a general uptick in forward-looking sentiment, a lot of them are still feeling a growth crunch at the hands of tariffs from the US that are discouraging active trade.
Fxstreet
Mon, Oct 20
Brazil's bar, restaurant sales fall amid beverage poisoning cases, survey finds
By Igor Sodre SAO PAULO, Oct 20 (Reuters) - Sales in Brazilian bars and restaurants dropped 4.9% in September compared to August amid growing cases of methanol contamination in alcoholic beverages, data released by payment company Stone STNE.O and the Brazilian Association of Bars and Restaurants...Reuters
Mon, Oct 20
TREASURIES-US bonds edge higher, still in holding pattern as caution persists
US yields in consolidation modeWhite House economic adviser says shutdown could end this weekBond market looks to US inflation data on FridayBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 20 (Reuters) - U.S. Treasuries were modestly bid on Monday, with yields edging lower and trading held within tight...Reuters
Mon, Oct 20
EBRD president says Turkey will stick with push to curb inflation
LONDON, Oct 20 (Reuters) - Turkey will stick to its push to bring down inflation with the country's finance minister pointing to temporary factors for a loss of momentum on the disinflation path, the president of the European Bank for Reconstruction and Development told Reuters.Odile Renaud-Bass...Reuters
Mon, Oct 20
Indian economy not immune to global challenges, but resilient, cenbank report says
MUMBAI, Oct 20 (Reuters) - Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in its monthly bulletin. But the domestic economy has so far exhibited resilience, it said, adding that low inflation...Reuters
Mon, Oct 20
EUR/SEK poised for moderate softening amid hawkish Riksbank outlook – Rabobank
With the exception of Japan, where the BoJ is engaged on a policy tightening cycle, Sweden is the only G10 economy for which the market sees no real risk of further central bank easing on a 1-year view, Rabobank's FX analyst Jane Foley reports.
Fxstreet
Mon, Oct 20
