News
Important Only
Brokerages stick with US rate cut forecasts despite Fed caution
Top brokerages bet on Fed cutting rates twice in 2026Citigroup, Morgan Stanley, J.P.Morgan expect next cut in JanuaryGoldman, Wells Fargo and Barclays see cuts in March, JuneGoldman, Barclays view FOMC policy statement as hawkishStanChart sees no cuts in 2026By Siddarth S Dec 11 (Reuters) - Most ...Reuters
Thu, Dec 11
China promises fiscal boost next year, recognises 'prominent' imbalance
Central Economic Work Conference sets economic agendaMeeting promises action to boost income and consumptionLeaves contradiction between supply, demand policies unresolvedPressure remains on China to shift from production-driven model BEIJING, Dec 11 (Reuters) - Chinese leaders promised on Thursd...Reuters
Thu, Dec 11
Brazil's October retail sales beat forecasts with biggest gain since March
SAO PAULO, Dec 11 (Reuters) - Brazil's retail sales volumes unexpectedly rose in October, data from government statistics agency IBGE showed on Thursday, despite signs of a slowdown in Latin America's largest economy amid high interest rates. Sales were up 0.5% in October from the...Reuters
Thu, Dec 11
Morning News Call - Canada, December 11
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 Trade balan...Reuters
Thu, Dec 11
Dollarama raises annual sales forecast as consumers opt for cheaper alternatives
Dec 11 (Reuters) - Canada's Dollarama DOL.TO raised its annual sales forecast on Thursday, betting on resilient demand for cheaper household supplies and groceries amid still high inflation. The company expects annual comparable sales to grow in the range of 4.2% to 4.7%, compared to previo...Reuters
Thu, Dec 11
RPT-BREAKINGVIEWS-India capex hole puts world-beating growth at risk
By Shritama BoseMUMBAI, Dec 11 (Reuters Breakingviews) - India’s blistering growth has a quality problem. GDP is speeding ahead at 8% in the world’s fifth-largest economy but the government is doing the heavy lifting on investment. Policymakers have spent years trying to coax companies into spending...Reuters
Thu, Dec 11
RPT-BREAKINGVIEWS-Fed puts up guardrails for Jay Powell's successor
By Gabriel Rubin WASHINGTON, Dec 10 (Reuters Breakingviews) - The Federal Reserve’s eroding tradition of genteel consensus augurs a bigger clash with the White House. A divided decision to cut the benchmark interest rate by 0.25 percentage point on Wednesday was followed by Chairman Jerome Powell...Reuters
Thu, Dec 11
ANALYSIS-The 13-letter word tripping up Trump - and risking Republicans' hold on Congress
Trump's mocking of 'affordability' worries Republican strategistsWhite House defends Trump's messaging on strength of economy Democrats aim to exploit Trump's defensiveness on the issueEconomic data shows inflation edging up and job growth slowing By Tim Reid, Nandita Bose and Na...Reuters
Thu, Dec 11
Bund yields close to 9-month high, focus shifts to ECB meeting, US data
Lagarde said the ECB could lift growth projectionsMarkets price a 55% chance of a rate hike in March 2027Analysts cautious as inflation is expected to undershootUS jobs data due later in the sessionBy Stefano Rebaudo Dec 11 (Reuters) - The euro area’s benchmark Bund yield hovered near a nine-mont...Reuters
Thu, Dec 11
German economy stuck in slow lane, institutes say
Kiel Institute forecasts 1.0% growth next year, down from 1.3%RWI warns of slow public investment rollout, weak demandGerman budget deficit to widen with increased public spendingBy Maria Martinez BERLIN, Dec 11 (Reuters) - Germany's economy has stabilised but remains stuck in a phase of meag...Reuters
Thu, Dec 11
China Central Economic Work Conference: Focuses to keep Yuan exchange rate stable
Chinese officials say in the Annual Central Economic Work Conference during the European trading hours on Thursday that the government is focused on maintaining the Chinese Yuan’s (CNY) exchange rate basically stable.Fxstreet
Thu, Dec 11
SNB’s Schlegel: Monetary policy to support growth and stoke inflation
While responding to reporters in the press conference, after leaving interest rates steady at 0%. Swiss National Bank (SNB) Chairman Martin Schlegel offers more details on the outlook of the economy and monetary policy in the near-to-longer term.Fxstreet
Thu, Dec 11
