News
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Drip Capital targets India expansion amid export credit crunch, CEO says
By Abhirami GBENGALURU, Nov 3 (Reuters) - U.S. trade finance firm Drip Capital plans to expand its operations in India as demand for working capital grows from small and medium-sized Indian exporters, hurt by punitive U.S. tariffs, CEO Pushkar Mukewar said.The Palo Alto-based firm, backed by invest...Reuters
Mon, Nov 3
Morning News Call - Canada, November 3
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 EVENTS0930 S&P Glo...Reuters
Mon, Nov 3
Brazil Economists See 2025 Inflation At 4.55% - Cenbank Poll
Nov 3 (Reuters) - BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.55% IN 2025 VERSUS 4.56% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.20% IN 2026 VERSUS 4.20% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE YEAR-END 2025 INTE...Reuters
Mon, Nov 3
China: FYP aims for TFP growth and higher consumption – Standard Chartered
15th FYP to prioritize industrial upgrading and innovation to boost tech-driven growth. More spending to be directed towards household wellbeing to raise consumption’s share of GDP. Fiscal policy will likely remain expansionary to support average growth of 4.5% from 2026-30.Fxstreet
Mon, Nov 3
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress householdsGovernment shutdown may impact food benefits, healthcare costsFed monitors consumer spending amid economic challengesBy Howard Schneider WASHINGTON, Nov 3 (Reuters) - The U.S. consumer's durability as a prop for the economy may be tested...Reuters
Mon, Nov 3
Euro zone yields mixed, US data in focus as ECB pricing is stuck
Investors closely watch trade developmentsECB rate pricing is stuck after US-China "truce", says CitiTraders price in an about 50% chance of an additional rate cut in 2026French budget in focus after lawmakers reject tax on ultra-richBy Stefano Rebaudo Nov 3 (Reuters) - Euro zone governme...Reuters
Mon, Nov 3
GLOBAL ECONOMY-Big manufacturing economies struggle as US tariffs hit order books
Euro zone factory activity stagnated in OctoberAsia's manufacturing hit by weak U.S. demand, Trump's tariffsChina's economy loses momentum, PMIs show slower growthBy Jonathan Cable and Sam Holmes LONDON, Nov 3 (Reuters) - The world's big manufacturing economies struggled to fire u...Reuters
Mon, Nov 3
Industrial power price support could cost Germany 4.5 billion euros, Handelsblatt reports
FRANKFURT, Nov 3 (Reuters) - German government support to ease industrial power prices could cost the state 4.5 billion euros ($5.25 billion) over three years, newspaper Handelsblatt reported on Monday, citing estimates by a state-backed advisory body. An alliance of think tanks led by German en...Reuters
Mon, Nov 3
ECB’s Kazimir: No need of adjustment in the monetary policy
European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), Peter Kazimir, said during the European trading session that there is no need to alter or adjust the monetary policy as risks to inflation and the economy remain broadly balanced.Fxstreet
Mon, Nov 3
UK factories helped by Jaguar Land Rover reopening, PMI shows
LONDON, Nov 3 (Reuters) - British factories had their strongest month in a year in October but the recovery was driven by a one-off bounce from the restart of production at carmaker Jaguar Land Rover after it was hit by a cyberattack, a survey published on Monday showed.The S&P Global Purchasing...Reuters
Mon, Nov 3
