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INSIGHT-The US corn crop could be the biggest ever. That’s terrible news for America’s farmers.
In an industry battered by debt and sagging prices, this year's bounty is more bad newsFarmers for years relied on USDA data to guide decisions. Now their trust has been shaken.Some farmers react to news of a record corn harvest with angerBy P.J. Huffstutter FREDERICKSBURG, Iowa Oct 25 (Reu...Reuters
Sat, Oct 25
Toyota may announce US-made vehicle imports to Japan, NHK says
TOKYO, Oct 25 (Reuters) - Toyota Motor 7203.T may announce plans next week to import vehicles manufactured in the United States to Japan during U.S. President Trump's three-day visit to the country starting on Monday, public broadcaster NHK said on Saturday.Toyota Chairman Akio Toyoda is expecte...Reuters
Sat, Oct 25
China expected to adopt more supportive fiscal and monetary policy, PBOC adviser says
SHANGHAI, Oct 25 (Reuters) - China is expected to adopt more supportive monetary and fiscal policies to bolster its slowing economy, Huang Yiping, an adviser to the central bank and a professor at Peking University, said on Saturday.The remarks come days after China reported its third-quarter gross ...Reuters
Sat, Oct 25
TREASURIES -US yields flat to marginally higher as market girds for next week's rate cut
US September CPI rises less than expectedUS October consumer sentiment index falls from SeptemberUS 2/10 yield curve steepensBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 24 (Reuters) - U.S. Treasury yields were little changed to modestly higher on Friday, with data that showed consumer prices in...Reuters
Fri, Oct 24
WRAPUP 4-US consumer inflation cools in September; government shutdown threatens next report
Consumer Price Index increases 0.3% in SeptemberConsumer inflation advances 3.0% on year-over-year basisCPI excluding food and energy gains 0.2%Core inflation up 3.0% on year-over-year basisBy Lucia Mutikani WASHINGTON, Oct 24 (Reuters) - U.S. consumer prices increased slightly less than expected...Reuters
Fri, Oct 24
White House says October inflation data unlikely to be released next month
Government shutdown halts inflation data collectionEconomists worry about impact on economic surveillanceBureau of Labor Statistics unlikely to release October inflation dataBy Doina Chiacu and Lucia Mutikani WASHINGTON, Oct 24 (Reuters) - The White House said on Friday it had learned there likel...Reuters
Fri, Oct 24
Republican US lawmakers applaud Trump's aggressive China software proposal
By Alexandra Alper WASHINGTON, Oct 24 (Reuters) - Republican lawmakers have been praising a preliminary plan under consideration by President Donald Trump's administration to curb exports to China of a dizzying array of globally produced technology powered by U.S. software, as first reported ...Reuters
Fri, Oct 24
Bund yields rise after strong euro zone PMI, US inflation readings
German Bund yields at 10-day highEuro zone data prompts traders to scale back ECB rate-cut betsTraders mull US inflation reportBy Stefano Rebaudo and Lucy Raitano Oct 24 - Euro zone government bond yields rose on Friday after traders digested cool U.S. inflation figures as well as stronger-than-e...Reuters
Fri, Oct 24
Drone hit on Russian plant to trim oil exports from Kazakhstan's Karachaganak, traders say
MOSCOW, Oct 24 (Reuters) - Kazakhstan's Karachaganak oilfield where oil majors Chevron CVX.N and Shell SHEL.L operate will be forced to trim November exports due to a Ukrainian drone strike in Russia, sources told Reuters.An October 19 drone attack on Russia's Orenburg gas processing plant f...Reuters
Fri, Oct 24
TREASURIES -US yields mixed after inflation, consumer sentiment data
US September CPI rises less than expectedUS October consumer sentiment index falls from September levelUS 2/10 yield curve steepensBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 24 (Reuters) - U.S. Treasury yields were narrowly mixed on Friday, with those on the shorter end of the curve slightly lower...Reuters
Fri, Oct 24
UK economy shows signs of resilience ahead of expected tax-hike budget
British PMI survey strengthens Retail sales rise when economists had expected a fallConsumer confidence gauge edges upFinance minister expected to announce tax increases in budgetBy William Schomberg and David Milliken LONDON, Oct 24 (Reuters) - British businesses might be at a turning point and ...Reuters
Fri, Oct 24
US business activity regains speed in October; sentiment deteriorates
Services sector drives improvement in business activityBusiness sentiment deteriorates as policy concerns lingerPrice measures mixed, inflation implications unclearBy Lucia Mutikani WASHINGTON, Oct 24 (Reuters) - U.S. business activity picked up in October, but a deterioration in the economic out...Reuters
Fri, Oct 24
