News
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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
PRESS DIGEST-Financial Times - November 18
Nov 18 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- HSBC board at odds over candidates to succeed Mark Tucker as chair- Wood Group investors back cut-price takeover by UAE's Sidara- R...Reuters
Tue, Nov 18
Fed's Waller: Weak job market justifies rate cut in December
Federal Reserve (Fed) Governor Christopher Waller said that the US central bank should cut the interest rates when policymakers meet in December, Bloomberg reported late Monday. Waller added that he’s grown concerned over the labor market and the sharp slowdown in hiring.Fxstreet
Tue, Nov 18
Trump talks up economy in meeting with McDonald's owners, operators
Trump met McDonald's execs amid inflation concernsPresident plans rallies in battleground states in coming monthsTrump reverses tariffs on 200+ imported food itemsFirms say inflation impacts lower- and middle-income earners mostBy Andrea Shalal, Steve Holland and Trevor Hunnicutt WASHINGTON, ...Reuters
Tue, Nov 18
Bank of England boosts deposit guarantee for savers to 120,000 pounds
By Phoebe Seers LONDON, Nov 18 (Reuters) - British savers will have up to 120,000 pounds ($158,000) of their money protected in the event of a bank failure, the Bank of England said on Tuesday after increasing the deposit guarantee limit by 40%.The current Financial Services Compensation Scheme ...Reuters
Tue, Nov 18
