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US crude stocks fall, fuel inventories rise, EIA says
HOUSTON, Dec 10 - U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 1.8 million barrels to 425.7 million barrels in the week ended December 5, the EIA said, compared with analysts&#...Reuters
Wed, Dec 10
TREASURIES-US yields edge lower with Fed statement on deck
Fed expected to cut rates by 25 basis pointsGlobal yields rise as central banks near end of easing cyclesUS labor costs rise slightly less than expectedBy Chuck Mikolajczak NEW YORK, Dec 10 (Reuters) - U.S. Treasury yields slipped on Wednesday, ahead of a policy announcement by the Federal Reserv...Reuters
Wed, Dec 10
US labor costs growth slows in third quarter
WASHINGTON, Dec 10 (Reuters) - U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for services inflation.The Employment Cost Index (ECI), the broadest measure of labor costs, rose 0.8% in the last quarter, afte...Reuters
Wed, Dec 10
POLL-US home price rises to stay modest as mortgage rates stick
cpurl://apps.cp./cms/?pageId=house-poll poll dataBy Sarupya Ganguly BENGALURU, Dec 10 (Reuters) - U.S. home prices will rise just 1.4% in 2026 after a similar performance this year, a Reuters poll of property experts showed on Wednesday, the slowest annual pace in 14 years despite expectations fo...Reuters
Wed, Dec 10
Brazil's annual inflation slows to lowest in over a year before rate decision
SAO PAULO, Dec 10 (Reuters) - Brazil's 12-month inflation slowed in November to its lowest level in more than a year, data from statistics agency IBGE showed on Wednesday, undershooting market forecasts ahead of the central bank's final policy decision of 2025.Annual inflation in Latin Ameri...Reuters
Wed, Dec 10
POLL-ECB to stay on hold through end of 2026 on expected stable economic outlook
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=EUECBD%3DECI ECB interest rate forecastsreuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=EUGDPQAP GDP forecastsBy Hari Kishan and Pranoy Krishna BENGALURU, Dec 10 (Reuters) - The European Central Bank will le...Reuters
Wed, Dec 10
Germany's VCI expects chemical industry to stagnate in 2026
By Ozan Ergenay and Anastasiia Kozlova Dec 10 (Reuters) - German chemicals lobby group VCI expects orders and sales to stagnate next year, hampered by uncompetitive production costs, high regulatory uncertainty and a slow approval process.The association, which represents around 2,300 companies,...Reuters
Wed, Dec 10
IMF urges China to take the 'brave choice': curb exports, boost consumption
IMF raises China 2025, 2026 growth forecast to 5%, 4.5%Presses world's No.2 economy to speed up structural reformsPushes policymakers to solve local govt debt, property crisesShift from export-led to consumption-driven model key, IMF MDBy Joe Cash BEIJING, Dec 10 (Reuters) - The International...Reuters
Wed, Dec 10
ECB’s Lagarde: Monetary policy remains in good shape
European Central Bank (ECB) President Christine Lagarde said in an interview at the Financial Times (FT) Global Boardroom Conference in London during the European trading session on Wednesday that the current monetary policy is in good shape and the central bank will might revise growth projections
Fxstreet
Wed, Dec 10
Bank of Canada to keep rates steady at 2.25% after robust economic data bolsters bets for a long hold
Economists expect BoC to hold rates steady until 2027Money market bets inclined towards rate hike in Q4Canada's economy shows resilience despite US tariffsUnemployment rate falls to 16-month low of 6.5%By Promit Mukherjee OTTAWA, Dec 10 (Reuters) - The Bank of Canada is almost certain to hold...Reuters
Wed, Dec 10
USD: China November CPI matches expectations at 0.7% – BBH
China’s November CPI rose to 0.7% y/y, matching consensus, while core inflation held at 1.2% and PPI stayed in deflationary territory, keeping domestic demand weak and supporting the ongoing USD/CNH downtrend, BBH FX analysts report.
Fxstreet
Wed, Dec 10
