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Fed’s Miran: Lots of stablecoin usage would likely lower the neutral rate
Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar's value.Fxstreet
Fri, Nov 7
WRAPUP 2-US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety
Consumer sentiment index drops to 50.3 in early NovemberGovernment shutdown blamed for deterioration in sentimentLong-term inflation expectations ease to still-high levelsBy Lucia Mutikani WASHINGTON, Nov 7 (Reuters) - U.S. consumer sentiment slumped to near a 3-1/2-year low in early November as ...Reuters
Fri, Nov 7
Swiss Economy Minister has 'very constructive' conversation with US Trade Representative
ZURICH, Nov 7 (Reuters) - Swiss Economy Minister Guy Parmelin said on Friday he had a "very constructive" conversation with U.S. Trade Representative Jamieson Greer, as the country seeks to reduce tariffs of 39% imposed on its exports to the U.S. by President Donald Trump."Great dynamic ...Reuters
Fri, Nov 7
ANALYSIS-McDonald's, Chili's win on value as fast-casual chains lose younger diners
Restaurant visits fell across all segments sequentially in Q3 2025, data showsChili's gains low-income diners with value-focused marketingRising beef costs impact margins across restaurant industryBy Savyata Mishra Nov 7 (Reuters) - As U.S. consumers tighten their wallets, budget-friendly re...Reuters
Fri, Nov 7
Swiss Economy Minister has a "very constructive" conversation with U.S. Trade Representative
ZURICH, Nov 7 (Reuters) - Swiss Economy Minister Guy Parmelin has had a "very constructive" conversation with U.S. Trade Representative Jamieson Greer, the Swiss minister wrote on X on Friday."Great dynamic in our bilateral relations," Parmelin wrote, without giving further details o...Reuters
Fri, Nov 7
Euro zone bond yields nudge up, Bund yields touch one-month highs
By Dhara Ranasinghe and Alun John LONDON, Nov 7 (Reuters) - Borrowing costs in the euro area nudged up on Friday and German bond yields hovered around one-month highs with traders confident that the European Central Bank is likely done with its easing cycle.In earlier trade, both 10 DE10YT=RR and...Reuters
Fri, Nov 7
Nigeria's army chief vows to crush insurgents amid US pressure over religious violence
By Camillus Eboh ABUJA, Nov 7 (Reuters) - Nigeria's new army chief promised on Friday to step up military operations against Islamist militias in the northeast, days after U.S. President Donald Trump warned of possible military action if Abuja fails to curb violence against Christians.Trump l...Reuters
Fri, Nov 7
Canada's job market posts surprise expansion in October, unemployment falls
Canada adds 66,600 jobs in October led by part-time workersUnemployment rate falls to 6.9% from 7.1% in September Average hourly wage of permanent employees increased by 4.0% Youth unemployment rate drops from a 15-year high levelBy Promit MukherjeeOTTAWA, Nov 7 (Reuters) - Canada's job market m...Reuters
Fri, Nov 7
TREASURIES-Yields mixed amid data drought, debt supply concerns
Investors cautious amid lack of fresh economic dataUniversity of Michigan survey shows consumer sentiment declinePotential Supreme Court decision could impact Treasury issuanceBy Davide Barbuscia NEW YORK, Nov 7 (Reuters) - U.S. Treasury yields were little changed on Friday as investors locked in...Reuters
Fri, Nov 7
NY Fed survey finds less worry about inflation, more about jobs
NY Fed October survey finds lower near-term expected inflationNY Fed report says consumers more concerned about current and future financesNY Fed report finds concerns about job market By Michael S. DerbyNEW YORK, Nov 7 (Reuters) - Americans last month said that they expected moderating near-term in...Reuters
Fri, Nov 7
Mexico annual inflation decelerates in October but concerns persist
By Aida Pelaez-Fernandez MEXICO CITY, Nov 7 (Reuters) - Mexico's annual inflation decelerated in October, official data showed on Friday, staying within the central bank's target range, although analysts remained cautious about the path ahead.Consumer prices in Mexico rose 3.57% in the ye...Reuters
Fri, Nov 7
US consumer sentiment weakens in November as government shutdown drags on
WASHINGTON, Nov 7 (Reuters) - U.S. consumer sentiment weakened to the lowest level in nearly 3-1/2 years in early November amid worries about the economic fallout from the longest government shutdown in history, a survey showed on Friday.The University of Michigan's Surveys of Consumers said its...Reuters
Fri, Nov 7
Amazon takes low-cost ecommerce service global
Nov 7 (Reuters) - Amazon.com AMZN.O on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a push to compete with Chinese rivals including Shein and PDD Holding's PDD.O Temu.The expansion of the service comes at a time w...Reuters
Fri, Nov 7
UoM Consumer Sentiment Index falls to 50.3 in November vs 53.2 expected
Consumer confidence in the United States (US) continued to deteriorate in November, with the University of Michigan's Consumer Sentiment Index falling to 50.3 from 53.6 in October. This print came in worse than the market expectation of 53.2.Fxstreet
Fri, Nov 7
