News
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Mexico's economy grows more than expected in August, but still sluggish
By Brendan O'Boyle MEXICO CITY, Oct 22 (Reuters) - Mexico's economy performed better than expected in August, rebounding from a drop in July and lifted by gains in agriculture, although the outlook remains weighed down by uncertainty. Latin America's second largest economy grew 0.6...Reuters
Wed, Oct 22
EXCLUSIVE-US considering curbs on exports to China made with US software, sources say
Trump administration considers potential escalation in China trade warMeasure could restrict shipments to China of goods containing or made with U.S. softwarePlan would retaliate against China's rare earth export restrictions if adoptedBy Alexandra Alper, Michael Martina, Jeffrey Dastin and Kare...Reuters
Wed, Oct 22
Subprime lender PrimaLend Capital Partners files for bankruptcy protection
By Manya Saini Oct 22 (Reuters) - Subprime lender PrimaLend Capital Partners filed for bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain.The company's filings in a Texas court showed that it listed both assets and liabilities o...Reuters
Wed, Oct 22
BREAKINGVIEWS-Argentina’s shock therapy short-circuits IMF
By Jon Sindreu LONDON, Oct 22 (Reuters Breakingviews) - Javier Milei's policy success and popularity are falling faster than Argentina's inflation rate. The president's harsh fiscal discipline and ill-advised peso propping will be tested in Sunday's congressional elections. They m...Reuters
Wed, Oct 22
US crude, fuel inventories fall on robust refining and demand, EIA says
Crude stocks fall 961,000 barrels, versus forecasts for a buildRefinery crude runs rise by 600,000 bpd, utilization at 88.6%East Coast refinery utilization highest since January 2023By Liz Hampton and Georgina McCartneyOct 22 (Reuters) - U.S. crude oil, gasoline and distillate inventories fell last ...Reuters
Wed, Oct 22
TREASURIES-U.S. yields inch up as market in consolidation mode, but downtrend intact
No resolution seen in govt shutdown on Day 22ndDowntrend in Treasury yields remain in placeFed is expected to cut rates two more times this yearBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 22 (Reuters) - U.S. Treasury yields drifted higher on Wednesday after falling for two straight sessions, as the...Reuters
Wed, Oct 22
Subprime lender PrimaLend Capital Partners files for bankruptcy protection
Oct 22 (Reuters) - Subprime lender PrimaLend Capital Partners filed for Chapter 11 bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain.The company's filings in a Texas court showed that it listed both assets and liabilities of less ...Reuters
Wed, Oct 22
US crude stocks, gasoline and distillate inventories fall - EIA
U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 961,000 barrels to 422.8 million barrels in the week ended October 17, the EIA said, compared with analysts' expectations in a Reuters poll for...Reuters
Wed, Oct 22
US homebuilder NVR's quarterly profit falls on lower margins
Oct 22 (Reuters) - NVR NVR.N posted a fall in third-quarter profit on Wednesday as the homebuilder's margins shrank amid high interest rates and tariff-related uncertainties, sending its shares down 2.3%.For the quarter ended September 30, 2025, profit fell 20% from a year ago and 14% on a per-s...Reuters
Wed, Oct 22
Farage ramps up criticism of BoE – Rabobank
In recent weeks, Nigel Farage has sharpened criticism of the Bank of England. His challenge to central bank independence isn’t just opposition rhetoric but signals potential future policy, Rabobank's Senior Macro Strategist Stefan Koopman reports.Fxstreet
Wed, Oct 22
Russia's small businesses cry foul over war economy tax hikes
Russia plans to drop tax breaks for small businesses in 2026Business lobbies say the sector is a shockEconomists say measure will create a 'tax spiral' Small businesses, economists warn of closures, layoffsBy Nika Khutsieva and Darya Korsunskaya MOSCOW, Oct 22 (Reuters) - Russia's new...Reuters
Wed, Oct 22
POLL-ECB to pause rates at least until 2027 on steady inflation and growth 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 Indradip Ghosh BENGALURU, Oct 22 - The European Central Bank has finished cutting interest rat...Reuters
Wed, Oct 22
USD/CNH: Likely to trade between 7.1180 and 7.1310 – UOB Group
US Dollar (USD) is likely to trade between 7.1180 and 7.1310. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 22
