News
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US October employment report will not be published, BLS says
WASHINGTON, Nov 19 (Reuters) - The U.S. Bureau of Labor Statistics said on Wednesday it would not be publishing the closely watched employment report for October, after the recently ended shutdown of the government prevented the collection of data for the household survey."Establishment survey d...Reuters
Wed, Nov 19
WRAPUP 1-US trade deficit narrows sharply in August in boost to third-quarter GDP
Trade deficit shrinks 23.8% to $59.6 billion in AugustGoods imports tumble 6.6% to $264.6 billionExports of goods fall 0.3% to $179.0 billionBy Lucia Mutikani WASHINGTON, Nov 19 (Reuters) - The U.S. trade deficit narrowed more than expected in August as businesses imported fewer goods against the...Reuters
Wed, Nov 19
US crude stocks fall on higher demand, fuel inventories rise, EIA says
Crude inventories fell by 3.4 million barrels, exceeding expectationsUS crude exports rose by 1.34 million bpd, imports fell by 614,000 bpdGasoline stocks rose by 2.3 million barrels, distillate stocks up by 200,000 barrelsBy Liz Hampton and Georgina McCartney Nov 19 (Reuters) - U.S. crude stocks...Reuters
Wed, Nov 19
US crude stocks fall, gasoline and distillate inventories rise - EIA
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 3.4 million barrels to 424.2 million barrels in the week ended November 14, the EIA said, compared with analysts' expectations in a R...Reuters
Wed, Nov 19
Williams-Sonoma posts quarterly results beat, reiterates annual sales forecast
Nov 19 (Reuters) - Pottery Barn owner Williams-Sonoma WSM.N kept its annual sales forecast intact on Wednesday, after topping quarterly estimates, signaling rising pressure of tariff-led uncertainty on demand for discretionary items including furniture and home decor.U.S. President Donald Trump'...Reuters
Wed, Nov 19
US shoppers find Thanksgiving relief on turkey, but feel the pinch on pricier side dishes
Thanksgiving meal cost lowest since 2021 Farm Bureau survey shows grocery stores offering deals on turkeysInflation hits 3.0% in September, highest since JanuaryBy Howard SchneiderNov 19 (Reuters) - Deep discounting by U.S. retailers on turkeys pushed the cost of the traditional Thanksgiving dinner ...Reuters
Wed, Nov 19
Fed’s Miran: Fed should consider exempting treasuries
Federal Reserve (Fed) Governor Stephen Miran spoke about the United States (US) financial regulatory framework at the Bank Policy Institute, in Washington DC on Wednesday. He claimed that he strongly supports United States (US) central bank's efforts to streamline bank regulations.Fxstreet
Wed, Nov 19
TREASURIES-US Treasury yields dip as traders await Fed minutes
Delayed economic data adds uncertainty to Fed policy decisionsFed minutes may reveal opposition to December rate cutSeptember jobs report expected to show 50,000 new jobsBy Karen Brettell NEW YORK, Nov 19 (Reuters) - U.S. Treasury yields dipped on Wednesday as traders waited on delayed economic d...Reuters
Wed, Nov 19
Easing regulations could lead to smaller Fed balance sheet, Miran says
Miran says he supported Fed's plan to end balance sheet drawdownFed governor sees benefits from smaller Fed balance sheetUS central bank is engaged in new deregulatory driveBy Michael S. Derby Nov 19 (Reuters) - Federal Reserve Governor Stephen Miran said on Wednesday that easing financial fi...Reuters
Wed, Nov 19
JPY and weak and underperforming – Scotiabank
The Japanese Yen (JPY) is weak, down 0.4% against the US Dollar (USD) and underperforming nearly all of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Nov 19
Trade between Latin America and the Caribbean due to grow in 2025 despite US tariff policy, ECLAC report shows
By Fabian CamberoSANTIAGO, Nov 19 (Reuters) - Trade between Latin America and the Caribbean will likely grow in 2025 despite broad U.S. tariffs across the region, which have had a weaker impact than initially expected, a report by UN's Economic Commission for Latin America and the Caribbean (ECL...Reuters
Wed, Nov 19
Trade between Latin America and the Caribbean due to grow in 2025 despite US tariff policy- ECLAC
By Fabian CamberoSANTIAGO, Nov 19 (Reuters) - Trade between Latin America and the Caribbean will likely grow in 2025 despite broad U.S. tariffs across the region, which have had a weaker impact than initially expected, a report by UN's Economic Commission for Latin America and the Caribbean (ECL...Reuters
Wed, Nov 19
US trade deficit narrows sharply in August as imports fall
WASHINGTON, Nov 19 (Reuters) - The U.S. trade deficit narrowed more than expected in August as imports declined, but trade could still subtract from economic growth in the third quarter.The trade gap contracted 23.8% to $59.6 billion, the Commerce Department's Bureau of Economic Analysis and Cen...Reuters
Wed, Nov 19
USD/CNH: Likely to trade in a range between 7.1020 and 7.1170 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1020 and 7.1170. In the longer run, if USD breaks above 7.1170, it would mean that the weakness in USD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Nov 19
