News
Important Only
Mexico announces second placement of bonds worth some $9.3 billion
MEXICO CITY, June 2 (Reuters) - Mexico's finance ministry said on Monday it had carried out an operation consistent with reopening bonds maturing in two, three and five years worth some 179.39 billion pesos (around $9.34 billion). The ministry said the operation, which marked the bonds' seco...Reuters
Mon, Jun 2
US construction spending falls in April on weakness in single-family housing projects
WASHINGTON, June 2(Reuters) - U.S. construction spending unexpectedly fell in April, weighed down by a decline in outlays on single-family housing projects amid higher borrowing costs and a rising supply of unsold homes.The Commerce Department's Census Bureau said on Monday that construction spe...Reuters
Mon, Jun 2
Trade barriers and plane delays challenge global airlines
Airlines body trims 2025 profit outlookIndustry leaders blast 'inexcusable' plane delivery delaysEnergy firms need to make more sustainable jet fuel, IATA saysBy Nandan Mandayam, Shivansh Tiwary and Rajesh Kumar Singh NEW DELHI, June 2 (Reuters) - Airlines warned on Monday that growing tr...Reuters
Mon, Jun 2
US manufacturing remains subdued in May; delivery times lengthening
WASHINGTON, June 2 (Reuters) - U.S. manufacturing contracted for a third straight month in May and suppliers took longer to deliver inputs amid tariffs, potentially signaling looming shortages of some goods. The Institute for Supply Management (ISM) said on Monday that its manufacturing PMI edged do...Reuters
Mon, Jun 2
Canada factory PMI rises in May but sector remains in contraction
By Fergal Smith TORONTO, June 2 (Reuters) - Canadian manufacturing activity contracted for a fourth straight month in May as trade uncertainty led to firms shedding workers at the fastest pace since shortly after the start of the COVID-19 pandemic, data on Monday showed.The S&P Global Canada ...Reuters
Mon, Jun 2
US life insurers shifted $800 billion offshore from 2019 to 2024, Moody's says
By Matt Tracy June 2 (Reuters) - U.S. life insurers moved nearly $800 billion in reserves to offshore affiliates between 2019 and 2024, as the growth of private credit has transformed the sector and presented several risks along with it, according to a new Moody's Ratings report. As interest ...Reuters
Mon, Jun 2
POLL-Bank of Canada to hold rates at 2.75% but cut at least twice more this year
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=CABOCR%3DECI BoC poll dataBy Mumal Rathore and Indradip Ghosh BENGALURU, June 2 (Reuters) - The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than ...Reuters
Mon, Jun 2
Brazil economists see 2025 inflation at 5.46%, poll shows
SAO PAULO, June 2 (Reuters) - Private economists polled on a weekly basis by Brazil's central bank expect the inflation rate to hit 5.46% by the end of this year, according to a fresh survey released on Monday, down from the 5.50% forecast a week earlier.The following is a set of projections fro...Reuters
Mon, Jun 2
Morning News Call - Canada, June 2
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, Jun 2
