News
Important Only
Morning News Call - Canada, November 21
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 Retail sale...Reuters
Fri, Nov 21
Fed's Williams says Fed can still cut rates in the "near term"
By Howard SchneiderWASHINGTON, Nov 21 (Reuters) - The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed president John Williams said on Friday.Progress on inflation has "temporarily stalled," Williams acknowl...Reuters
Fri, Nov 21
Euro zone bond yields fall from 6-week high amid flight to safe assets
By Joice Alves and Samuel Indyk LONDON, Nov 21 (Reuters) - Euro zone bond yields retreated from six-week highs on Friday as sentiment reversed and investors sold off risk assets and bought back bonds.Following a rally on the back of this week's upbeat results from AI bellwether Nvidia, st...Reuters
Fri, Nov 21
Chinese exports of rare earths recover only partially – Commerzbank
The Silver market is set to remain undersupplied for a fifth consecutive year, with physical demand declining but ETF flows pushing the overall deficit to a decade-high, Commerzbank's FX analyst Michael Pfister notes.
Fxstreet
Fri, Nov 21
Platinum market apparently less tight than previously thought – Commerzbank
The World Platinum Investment Council and Metals Focus, a research company specializing in precious metals, have revised their forecast for the Platinum supply deficit this year down to 692,000 ounces. In September, the forecast was 850,000 ounces, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Fri, Nov 21
Euro zone business activity grows steadily in November, PMI shows
Euro zone services sector leads growth, manufacturing returns to contractionGermany's private sector growth loses momentumFrance's private sector growth almost stabilisedBy Indradip Ghosh Nov 21 (Reuters) - Euro zone business activity grew steadily this month as services expanded at the q...Reuters
Fri, Nov 21
'A close call': Global brokerages split on Fed's December rate cut view after jobs report
J.P. Morgan, StanChart scrap December rate cut forecastCitigroup, Wells Fargo, Deutsche Bank say their 25 bp rate cut view a 'close call'By Siddarth S Nov 21 (Reuters) - Global brokerages are split over whether the U.S. Federal Reserve will cut interest rates in December or hold them, fol...Reuters
Fri, Nov 21
EU von der Leyen: Will discuss on scaling up renewable energy, digital governance and AI
European Union (EU) Commission President Ursula von der Leyen said at the G20 event on Thursday that the continent is rigorously working to finalize bilateral trade deals with a number of Asia-Pacific countries.Fxstreet
Fri, Nov 21
EU to keep supporting Ukraine as sanctions against Russia bite, says von der Leyen
JOHANNESBURG, Nov 21 (Reuters) - The European Union will keep on supporting Ukraine as Ukraine is the victim of an aggression, the EU Commission's President Ursula von der Leyen said on Friday, adding that sanctions on Russia are hurting the Russian economy."Ukraine can count on us because t...Reuters
Fri, Nov 21
UK S&P Global Composite PMI fell sharply to 50.5 in November vs. 52.2 prior
The private sector activity in the United Kingdom (UK) economy expanded at a softer-than-expected pace in November. The S&P Global Composite Purchasing Managers' Index (PMI) has come in lower at 50.5, compared to estimates of 51.8 and October’s final reading of 52.2.
Fxstreet
Fri, Nov 21
UK businesses put plans on hold before Reeves' budget, PMI shows
By David Milliken LONDON, Nov 21 (Reuters) - British business growth ground almost to a halt this month, as companies put their plans on hold while they waited to see if next week's government budget will raise the tax burden for a second year running, according to a major survey.The S&P ...Reuters
Fri, Nov 21
