News
Important Only
White House says no inflation data release likely next month
WASHINGTON, Oct 24 (Reuters) - The White House said on Friday there likely will not be a release of inflation data next month due to the U.S. government shutdown.Because of Congress' failure to pass a stopgap funding bill, "Surveyors cannot deploy to the field — depriving us of critical data...Reuters
Fri, Oct 24
US retirees to receive 2.8% Social Security increase in 2026
Oct 24 (Reuters) - More than 75 million Americans receiving Social Security and Supplemental Security Income benefits will see their monthly payments rise 2.8% in 2026, accelerating from the prior year's increase for the first time in three years.The Social Security Administration announced the ...Reuters
Fri, Oct 24
Euro zone government bond yields ease slightly after US data
Oct 24 (Reuters) - Euro zone government bond yields briefly ticked down after economic data showed U.S. consumer prices increased slightly less than expected in September.The U.S. economic figures kept the Federal Reserve on track to cut interest rates again next week and affected marginally bets on...Reuters
Fri, Oct 24
TREASURIES -US yields fall as inflation data cements rate cut next week
NEW YORK, Oct 24 (Reuters) - U.S. Treasury yields slid on Friday after data showed consumer prices in the world's largest economy rose modestly less than expected in September, reinforcing expectations that the Federal Reserve will cut interest rates at its policy meeting next week.The U.S. Cons...Reuters
Fri, Oct 24
Fed rate cut bets rise after inflation rose less than expected in September
Oct 24 (Reuters) - Traders added to bets the Federal Reserve will deliver two more quarter-point interest rate cuts this year, including one next week, after a U.S. government report showed consumer inflation rose a little less than expected last month. Futures contracts that settle to the Fed's...Reuters
Fri, Oct 24
BREAKINGVIEWS-Extended data blackout threatens to vex Fed policy
By Gabriel RubinWASHINGTON, Oct 23 (Reuters Breakingviews) - Fresh evidence will soon be available about the comparative value of contradictory data versus none at all. A statistical blackout during the U.S. government shutdown is leaving investors and other consumers of top-notch national labor inf...Reuters
Fri, Oct 24
USD/CNH: Likely to trade between 7.1220 and 7.1320 – UOB Group
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Oct 24
RPT-BREAKINGVIEWS-Extended data blackout threatens to vex Fed policy
By Gabriel RubinWASHINGTON, Oct 23 (Reuters Breakingviews) - Fresh evidence will soon be available about the comparative value of contradictory data versus none at all. A statistical blackout during the U.S. government shutdown is leaving investors and other consumers of top-notch national labor inf...Reuters
Fri, Oct 24
US firms grapple with economic divide as lower income struggles mount
Companies catering to low-income consumers face sales, profit challengesCredit markets shaken by bankruptcies of lenders to low-income consumersAffluent consumers remain resilient, driving overall spending despite inflationBy Juveria Tabassum and Niket Nishant Oct 24 (Reuters) - U.S. companies a...Reuters
Fri, Oct 24
POLL-Bank of Canada to cut interest rate once more on October 29, say economists
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=CABOCR%3DECI BoC poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CAGDPQQP poll dataBy Indradip Ghosh BENGALURU, Oct 24 (Reuters) - The Bank of Canada will reduce its overnight interest rate by 25 ba...Reuters
Fri, Oct 24
When is the US flash S&P Global PMI and how could it affect EUR/USD?
The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for October is due for release today at 13:45 GMT. The report is expected to show that the overall business activity in the private sector grew at a moderate pace.
Fxstreet
Fri, Oct 24
