News
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Mexico's Sheinbaum, Trump talk trade as USMCA review approaches
USMCA review set to start by July 1, potential reforms discussedTrump praises Sheinbaum, calls her a 'wonderful leader'By Brendan O'Boyle and Aida Pelaez-Fernandez MEXICO CITY, Jan 29 (Reuters) - U.S. President Donald Trump and Mexican President Claudia Sheinbaum spoke on Thursday...Reuters
Thu, Jan 29
Trump plans to announce his Fed chairman choice next week
WASHINGTON, Jan 29 (Reuters) - President Trump said he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, ending weeks of speculation over who will lead the U.S. central bank after Powell’s term expires in May 2026.Reuters
Thu, Jan 29
Philippines: GDP growth misses expectations – UOB
The Philippine economy grew 3.0% year-on-year in 4Q25, falling short of expectations and marking the weakest pace since 1Q21, according to UOB's Global Economics & Markets Research. For the full year, real GDP grew 4.4% in 2025, below the forecast of 4.6%.Fxstreet
Thu, Jan 29
TREASURIES-US yields dip as investors look to payrolls data after Fed meeting
Investors await payrolls data next week for signals on economyFed chief upbeat about economy, but hints at medium-term cuts Yield curve steepens on inflation worriesBy Tatiana Bautzer NEW YORK, Jan 29 (Reuters) - U.S. Treasury yields slipped on Thursday as investors settled into a wait-and-se...Reuters
Thu, Jan 29
Canada records big jump in trade deficit in November as US exports fall
Exports to US drop to 68% in November from 76% a year agoUS trade surplus increased to C$6.6 billion in NovemberExports of metals, non-metallic goods down 24.4%, led by goldImports from other countries rose 7.8%, led by China By Promit MukherjeeOTTAWA, Jan 29 (Reuters) - Canada posted a huge jump in...Reuters
Thu, Jan 29
Sherwin-Williams Expects New Residential Market To Be Down Mid Single Digits This Year - Conf Call
Jan 29 (Reuters) - Sherwin-Williams Co SHW.N:SHERWIN-WILLIAMS SAYS EXISTING HOME SALES OUTLOOK IN 2026 VARIES FROM SLIGHTLY DOWN TO UP DOUBLE DIGITS; DEMAND HARD TO PREDICT - CONF CALLSHERWIN-WILLIAMS EXPECTS NEW RESIDENTIAL MARKET TO BE DOWN MID SINGLE DIGITS THIS YEAR - CONF CALLSHERWIN-WILLIAMS T...Reuters
Thu, Jan 29
Trump administration unlawfully ended Venezuelans' legal status, US court rules
Court rules Trump's end of TPS for Venezuelans unlawfulRuling affects 600,000 Venezuelans Supreme Court order allows end of TPS to remain in effectBy Nate Raymond Jan 29 (Reuters) - A federal appeals court has ruled that U.S. President Donald Trump's administration unlawfully ended legal ...Reuters
Thu, Jan 29
USD/ZAR: Downtrend persists with targets ahead – Societe Generale
Societe Generale's report highlights the ongoing downtrend in USD/ZAR, noting a break below recent consolidation levels. The report suggests that the pair could drift towards projections near 15.25 and the lower limit of a multi-month descending channel at 15.00/14.70.
Fxstreet
Thu, Jan 29
ANALYSIS-World discovers it can hedge US trade risk
No one seeking outright decoupling from USBut risk-hedging is driving spate of new dealsBig powers could still set limits for rest of worldBy Mark John LONDON, Jan 29 (Reuters) - It will be many years before the United States' allies can contemplate dispensing with the need for its military m...Reuters
Thu, Jan 29
US factory orders rebound in November on commercial aircraft demand
WASHINGTON, Jan 29 (Reuters) - New orders for U.S. factory goods rebounded in November as demand for commercial aircraft surged, though growth in business spending on equipment likely moderated in the fourth quarter.Factory orders increased 2.7% after an upwardly revised 1.2% decline in October, the...Reuters
Thu, Jan 29
US wholesale inventories increase again in November
WASHINGTON, Jan 29 (Reuters) - U.S. wholesale inventories increased in November, suggesting inventory investment could add to gross domestic product in the fourth quarter after being a drag for two straight quarters.Stocks at wholesalers rose 0.2% after a similar gain in October, the Commerce Depart...Reuters
Thu, Jan 29
USD: Fed is in no hurry with further rate cuts – Commerzbank
Commerzbank's report by Dr. Christoph Balz discusses the Federal Reserve's decision to leave interest rates unchanged after three consecutive cuts. The Fed's current target range remains at 3.50%-3.75%, reflecting a more favorable view of the economic situation, particularly the labor market.Fxstreet
Thu, Jan 29
Mexico's Sheinbaum says she had productive call with Trump
MEXICO CITY, Jan 29 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday she had a "productive and cordial" conversation with her U.S. counterpart Donald Trump. "We continue to make progress on trade issues and the bilateral relationship. We agreed that both teams will contin...Reuters
Thu, Jan 29
Brazil meets 2025 fiscal target after deductions, despite wider headline deficit
Central government posted primary deficit of 0.48% of GDPFiscal result deteriorated year-on-yearPrimary surpluses of 0.5%–1% of GDP needed to stabilize debtBy Marcela Ayres BRASILIA, Jan 29 (Reuters) - Brazil's central government reported a wider primary deficit in 2025 compared with the prev...Reuters
Thu, Jan 29
