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WRAPUP 1-US existing home sales hit 7-month high; affordability remains a challenge
Existing home sales increase 1.5% in SeptemberSupply of previously owned homes surges 14.0% from a year agoMedian house price up 2.1% to $415,200 from year-earlier period By Lucia Mutikani WASHINGTON, Oct 23 (Reuters) - U.S. existing home sales increased to a seven-month high in September, but ec...Reuters
Thu, Oct 23
Prada says 'worst is over' in China but heady growth unlikely to return
Prada CEO says China boom days unlikely to returnFashion house sees 9-month revenues rise 9% year on yearSmaller brand Miu Miu drives growth, Prada brand lagsFinal approvals for Versace deal draw closeBy Elisa Anzolin MILAN, Oct 23 (Reuters) - Italy's fashion house Prada 1913.HK said on T...Reuters
Thu, Oct 23
Euro zone bond yields up as flight to safe havens eases
By Joice Alves LONDON, Oct 23 (Reuters) - Euro zone government bond yields edged up on Thursday, shrugging off U.S. moves to impose sanctions on Russia and consider more trade restrictions on China, as the recent flight to safe-haven assets eased and investors awaited data for direction. U.S. Pre...Reuters
Thu, Oct 23
TREASURIES-US yields rise after new sanctions on Russia as markets await inflation data
Sanctions on Russian oil firms raise global oil prices by 5%US CPI report to be released on Friday despite government shutdownUS to hold $26 billion, five-year TIPS auction later on ThursdayBy Chuck Mikolajczak NEW YORK, Oct 23 (Reuters) - U.S. Treasury yields rose on Thursday after President Don...Reuters
Thu, Oct 23
Canada August retail sales grow but September likely to retreat again
Retail sales grew by 1% to C$70.40 billion in AugustSeptember flash estimate shows sales likely to fall 0.7%Money market bet show 87% chance of rate cut next weekBy Promit MukherjeeOTTAWA, Oct 23 (Reuters) - Canada's retail sales rebounded in August as consumers spent more on new cars, at superm...Reuters
Thu, Oct 23
US existing home sales rise to seven-month high in September
Existing home sales increase 1.5% in SeptemberSupply of previously owned homes surges 14.0% from a year agoMedian house price up 2.1% to $415,200 from year-earlier period By Lucia Mutikani WASHINGTON, Oct 23 (Reuters) - U.S. existing home sales increased to a seven-month high in September, but ri...Reuters
Thu, Oct 23
Unilever outpaces rivals 'by a mile' in US with beauty push
Hair and makeup products drive underlying sales growthNorth America sales rise 5.5% in third quarterIce cream spin-off expected to happen in fourth quarterCompany keeps 2025 guidanceBy Yadarisa Shabong and Alexander Marrow Oct 23 (Reuters) - Unilever ULVR.L said it was outpacing competitors "...Reuters
Thu, Oct 23
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% higher at C$1.3991 to the greenback, or 71.47 U.S. cents, after trading in a range of 1.3988 to 1.4004.Canadian government 10-year bond yields CA10YT...Reuters
Thu, Oct 23
China's new five-year plan sharpens industry, tech focus as US tensions mount
China's five-year plan emphasizes tech self-reliance amid US rivalryManufacturing remains central despite calls for consumption boostHigh debt and low inflation pose risks to China's growth model BEIJING, Oct 23 (Reuters) - China's Communist Party elite vowed on Thursday to build a mo...Reuters
Thu, Oct 23
