News
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US home builder sentiment subdued in November amid labor market worries
WASHINGTON, Nov 18 (Reuters) - U.S. homebuilder sentiment remained subdued in November as concerns about the labor market and household finances weighed on demand, contributing to a surge in the share of builders slashing prices to reduce new housing inventory.The National Association of Home Builde...Reuters
Tue, Nov 18
US jobless benefits rolls in mid-October were the highest since August, Labor Dept says
Nov 18 (Reuters) - The number of Americans receiving unemployment benefits stood at a two-month high in mid-October at the time when the Labor Department would have been conducting its survey of U.S. households for the monthly employment report that has been held up by the recently ended government ...Reuters
Tue, Nov 18
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% higher at C$1.401 to the greenback, or 71.38 U.S. cents, after trading in a range of 1.4008 to 1.4062.Canadian government 10-year bond yields CA10YT...Reuters
Tue, Nov 18
Canadian housing starts fall more than expected in October
TORONTO, Nov 18 (Reuters) - Canadian housing starts fell 17% in October from the previous month, data from the national housing agency showed on Tuesday.The seasonally adjusted annualized rate of housing starts dropped to 232,765 units from a revised 279,174 units in September, the Canada Mortgage a...Reuters
Tue, Nov 18
Africa expert panel proposes a new G20 debt refinancing initiative
Proposal focuses on refinancing rather than rescheduling debtExpert panel says many countries need immediate debt reliefNew fund could be financed by IMF's special drawing rights, goldBy Duncan Miriri and Colleen Goko JOHANNESBURG, Nov 18 (Reuters) - The Group of 20 major economies should tea...Reuters
Tue, Nov 18
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. 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
Tue, Nov 18
Morning News Call - Canada, November 18
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 EVENTS0815 House Start...Reuters
Tue, Nov 18
US small and mid-sized businesses expect stronger 2026, BofA survey shows
Nov 18 (Reuters) - A majority of small and mid-sized business owners in the U.S. expect stronger performance next year, with 74% forecasting revenue growth and nearly 60% planning to expand operations, a Bank of America survey showed. About half the business owners surveyed by BofA believe that econ...Reuters
Tue, Nov 18
Home Depot beats quarterly sales estimates
Nov 18 (Reuters) - Home Depot HD.N topped third-quarter sales estimates on Tuesday, as robust demand from professional builders and contractors helped offset a slowdown in do-it-yourself projects.The company posted net sales of $41.35 billion for the quarter ended November 2, a 2.8% jump from a year...Reuters
Tue, Nov 18
As data flow revives, Fed still faces a deep policy divide
Fed divided on rate cuts amid unclear economic dataFed minutes may reveal split over inflation vs. job growthPowell faces challenge in achieving consensus on rate policyBy Howard Schneider WASHINGTON, Nov 18 (Reuters) - A divided U.S. Federal Reserve begins receiving updated economic reports from...Reuters
Tue, Nov 18
ROI-When it comes to inflation, the UK is not an island: Christopher Mahon
By Christopher MahonLONDON, Nov 18 (Reuters) - It is conventional wisdom to say Britain has an inflation problem. But fears over "sticky" CPI may have finally peaked.At first glance, this suggestion might look a little premature. UK headline inflation was running at 3.8% in the 12 months thr...Reuters
Tue, Nov 18
NEWSMAKER-Guinea-Bissau's Embalo eyes re-election as cocaine trade, instability thrive
Embalo's tenure marked by multiple reported coup attemptsCocaine trade thrives amid political instabilityIMF projects real GDP growth of 5.1% in 2025Oil exploration, mining deals should 'change lives', Embalo saysBy Alberto Dabo and Anait Miridzhanian BISSAU, Nov 18 (Reuters) - Umaro ...Reuters
Tue, Nov 18
EUR/CAD falls toward 1.6250 as BoC caution boosts Canadian Dollar
EUR/CAD continues its losing streak for the third successive session after losing its daily gains, trading around 1.6260 during the European hours on Tuesday. The currency cross depreciates as the Canadian Dollar (CAD) gains on the cautious tone surrounding the Bank of Canada (BoC) policy stance.Fxstreet
Tue, Nov 18
Nikkei 225 slips toward key 50-DMA support – Société Générale
Nikkei 225 has retreated from strong resistance at 52,600pts, forming lower highs and lows on the daily chart. The index is drifting toward its multi-month rising trend line, with the 50-DMA near 47,600pts acting as key support.Fxstreet
Tue, Nov 18
