News
Important Only
Namibia cuts 2025 growth forecast due to manufacturing slump
By Nyasha Nyaungwa WINDHOEK, Oct 21 (Reuters) - Namibia now expects economic growth of 3.3% this year, down from the 4.5% estimate given when the main budget was presented in March because of a projected contraction in its manufacturing sector, its finance minister said on Tuesday.In a mid-ye...Reuters
Tue, Oct 21
FACTBOX-US government shutdown: How it affects key economic data publishing
Oct 21 (Reuters) - The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30.The closure has shut off the flow of key economic data at a moment of uncertaint...Reuters
Tue, Oct 21
TREASURIES-US bonds advance as investors look ahead to Fed cut, inflation data
Investors continue to prep for Fed cutsInvestors price in five cuts through 2026Focus on inflation data on FridayUS government on Day 21 of shutdownUS 2/10 yield curve bull fattensBy Gertrude Chavez-DreyfussNEW YORK, Oct 21 (Reuters) - U.S. Treasuries firmed for a second straight session on Tuesday,...Reuters
Tue, Oct 21
Canada's inflation rate rises in September on smaller drop in gasoline prices
CPI rises on slower fall in gasoline costs, higher food pricesBank of Canada's preferred core measures largely stable in SeptemberCPI up 0.1% in September on monthly basis after 0.1% fall in AugustBy Promit MukherjeeOTTAWA, Oct 21 (Reuters) - Canada's annual inflation rate increased to 2.4% ...Reuters
Tue, Oct 21
Pultegroup posts lower Q3 profit, warns tariffs to lift build costs in 2026
By Aatreyee Dasgupta Oct 21 (Reuters) - Homebuilder Pultegroup PHM.N on Tuesday posted a 16% fall in third-quarter profit as buyer incentives squeezed margins, and warned that tariffs could add roughly $1,500 per home to build costs starting in 2026.Shares of the Atlanta-based homebuilder fell 5%...Reuters
Tue, Oct 21
US Fed to trim rates twice more this year; 2026 rate path very unclear
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=USFOMC%3DECI Fed rates poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=USGDPAAP U.S. economic poll dataBy Indradip Ghosh BENGALURU, Oct 21 (Reuters) - The Federal Reserve will lower its key interest...Reuters
Tue, Oct 21
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.4027 to the greenback, or 71.29 U.S. cents, after trading in a range of 1.4015 to 1.4065.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Oct 21
Mexico's economy contracts 0.6% y/y in September, preliminary estimate shows
MEXICO CITY, Oct 21 (Reuters) - Mexico's economy likely shrank 0.6% in September from a year earlier, a preliminary estimate from national statistics agency INEGI showed on Tuesday.Compared with the previous month, activity was likely up 0.1%, the agency added.Reuters
Tue, Oct 21
Morning News Call - Canada, October 21
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 EVENTS0830 CPI Inflati...Reuters
Tue, Oct 21
Fitch expects South Africa to set 3% inflation target in November
By Colleen Goko JOHANNESBURG, Oct 21 (Reuters) - Fitch Ratings expects South Africa to announce a revised 3% inflation target during November's medium-term budget policy statement (MTBPS), a senior analyst said on Tuesday.Central bank Governor Lesetja Kganyago said earlier in October that the...Reuters
Tue, Oct 21
Swiss exports to US surge in September as pharma shipments rise ahead of tariff threat
ZURICH, Oct 21 (Reuters) - Swiss exports to the United States rebounded sharply in September, with pharmaceutical companies ramping up their shipments to get ahead of potential U.S. tariffs, government data showed on Tuesday.Total nominal Swiss exports to the United States leapt by nearly 43% last m...Reuters
Tue, Oct 21
Pultegroup Q3 profit falls on weaker margins amid slowing home sales
Oct 21 (Reuters) - Homebuilder Pultegroup PHM.N on Tuesday posted a 16% fall in third-quarter profit as buyer incentives squeezed home sales margins amid high interest rates and persistent inflation.U.S. builders have leaned on mortgage-rate buydowns and smaller homes to keep deals moving, a strateg...Reuters
Tue, Oct 21
