News
Important Only
UK government approves 4.1% rise in minimum wage for 2026
UK minimum wage to go up by 4.1% to 12.71 pounds an hourAnnual increase will take effect in April 2026Rates for younger workers and apprentices to rise 6.0-8.5%Hospitality industry says increase will push up pricesBritain's minimum wage is second-highest in EuropeBy David Milliken LONDON, Nov...Reuters
Tue, Nov 25
Euro zone bond yields drop as US data support Fed rate cut bets
By Alun John LONDON, Nov 25 (Reuters) - Euro zone bond yields nudged lower on Tuesday as U.S. Treasury yields declined on the back of growing expectations the Federal Reserve will deliver a December rate cut. Germany's 10-year Bund yield was down 2.5 basis points (bps) at 2.67%, broadly in th...Reuters
Tue, Nov 25
REFILE-US consumer confidence deteriorates in November
WASHINGTON, Nov 25 (Reuters) - U.S. consumer confidence sagged in November as households worried about jobs and their financial situation, likely in part because of the recently ended government shutdown.The Conference Board said on Tuesday its consumer confidence index dropped to 88.7 this month fr...Reuters
Tue, Nov 25
US business inventories unexpectedly flat in August as stocks at retailers fall
WASHINGTON, Nov 25 (Reuters) - U.S. business inventories were unexpectedly unchanged in August, with stocks at retailers falling amid strong sales.The unchanged reading in inventories reported by the Commerce Department's Census Bureau on Tuesday followed a 0.1% gain in July. Inventories are a k...Reuters
Tue, Nov 25
TREASURIES-Yields keep declining as data barrage does little to change rate cut expectations
Economic data releases fail to alter Fed rate cut expectationsRetail sales and PPI data show mixed economic signalsFed officials' comments support further easing, boosting rate cut probabilityBy Davide Barbuscia NEW YORK, Nov 25 (Reuters) - U.S. Treasury yields kept declining on Tuesday amid ...Reuters
Tue, Nov 25
México registra superávit en cuenta corriente de 2,325 millones de dólares en tercer trimestre
CIUDAD DE MÉXICO, 25 nov (Reuters) - México registró un superávit en cuenta corriente de 2,325 millones de dólares durante el tercer trimestre, equivalente al 0.49% del Producto Interno Bruto, según datos publicados el martes por el banco central, Banxico.Reuters
Tue, Nov 25
Brazil sees issues related to import of US biofuels 'practically resolved'
By Marcela Ayres BRASILIA, Nov 25 (Reuters) - Brazilian Vice President Geraldo Alckmin said on Tuesday that unspecified issues related to the country's imports of U.S. biofuels were "practically resolved".He did not provide details, but according to the Development, Industry, Trade an...Reuters
Tue, Nov 25
Mexico posts Q3 current account surplus of $2.33 bln
MEXICO CITY, Nov 24 (Reuters) - Mexico's economy posted a current account surplus of $2.33 billion during the third quarter, equivalent to 0.49% of gross domestic product, according to data published by the Bank of Mexico on Tuesday.Reuters
Tue, Nov 25
EU Commission to open disciplinary budget steps against Finland for excessive deficit
BRUSSELS, Nov 25 (Reuters) - The European Commission proposed on Tuesday to start disciplinary steps against Finland for running too high a budget deficit, that cannot be full explained by only higher defence spending.Under European Union rules, governments cannot run budget deficits higher than 3% ...Reuters
Tue, Nov 25
EU Commission says euro zone 2026 fiscal stance should stay neutral
BRUSSELS, Nov 25 (Reuters) - The aggregated fiscal stance of euro zone countries should stay neutral next year, the European Commission said on Tuesday in a recommendation that is to help coordinate fiscal policies in the single currency area that already has one monetary policy.The Commission forec...Reuters
Tue, Nov 25
Fed's Miran ties rising unemployment to current setting of monetary policy - Fox Business
Nov 25 (Reuters) - Federal Reserve Governor Stephen Miran said in a television interview on Tuesday that a deteriorating job market was happening because of where the central bank has set it short-term interest rate target. “We have to recognize that the unemployment rate has been drifting higher, a...Reuters
Tue, Nov 25
