News
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National Bank of Canada's quarterly profit misses estimates as trading slows
Aug 27 (Reuters) - National Bank of Canada NA.TO reported a quarterly profit on Wednesday that missed analysts' estimates, hurt by weakness in its capital markets segment as trading activity slowed amid lower volatility, sending the Montreal-based lender's shares down 3.5%.National Bank is t...Reuters
Wed, Aug 27
Ukraine launches tender for lithium deposit site in Kirovohrad region, PM says
KYIV, Aug 27 (Reuters) - Ukraine has launched a tender for the right to mine a lithium deposit site in its central Kirovohrad region, Prime Minister Yulia Svyrydenko said on Wednesday. The tender for the "Dobra" site is expected to be the first project in a joint investment fund with the Uni...Reuters
Wed, Aug 27
Sustainable Finance Newsletter - Trump's industrial policy kicks off
By Ross Kerber Aug 27 (Reuters) - This is the weekly Reuters Sustainable Finance Newsletter, which you can sign up for here. The idea of "state capitalism" has been anathema to generations of U.S. politicians, especially Republicans. Former U.S. president Barack Obama, a Democrat, too...Reuters
Wed, Aug 27
US crude stocks, fuel inventories fall as demand rises, EIA says
Crude inventories fell by 2.4 million barrels, exceeding expectationsDistillate stockpiles fell by 1.8 million barrels, versus an expected riseOil futures rose after EIA report releaseRefinery crude runs decreased by 328,000 barrels per dayBy Liz Hampton and Georgina McCartneyAug 27 (Reuters) - U.S...Reuters
Wed, Aug 27
India says knock-on impact of US tariffs poses economic challenges
NEW DELHI, Aug 27 (Reuters) - The immediate impact of U.S. tariffs on Indian exports appears limited, but the ripple effects on the economy pose challenges that must be addressed, India's finance ministry said in its July monthly economic review, released on Wednesday. The repor...Reuters
Wed, Aug 27
US crude stocks, gasoline and distillate inventories fall - EIA
By Lynx Insight ServiceU.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 2.4 million barrels to 418.3 million barrels in the week ended August 22, the EIA said, compared with analysts' expectat...Reuters
Wed, Aug 27
TREASURIES-Two-year yields lowest since May as Fed policy in focus
Fed's Cook could file lawsuit on Wednesday to stop Trump firing Traders see 88% odds of Fed cut in SeptemberTreasury to sell $70 bln five-year notes on WednesdayBy Karen Brettell Aug 27 (Reuters) - Interest rate sensitive two-year yields fell to an almost four-month low on Wednesday and the y...Reuters
Wed, Aug 27
India says secondary, tertiary impact of US tariffs pose challenges
NEW DELHI, Aug 27 (Reuters) - The immediate impact of U.S. tariffs on Indian exports appears limited but their secondary and tertiary effects on the economy pose challenges, India's finance ministry said in its July monthly economic review, released on Wednesday. The South Asian nation is pursui...Reuters
Wed, Aug 27
Fed's Williams says needs to see how data play out to consider September cut - CNBC
WASHINGTON, Aug 27 (Reuters) - New York Federal Reserve Bank President John Williams said on Wednesday it is likely interest rates can fall at some point but policymakers will need to see what upcoming data indicate about the economy to decide if it's appropriate to make a cut at the September 1...Reuters
Wed, Aug 27
Fed's Williams says needs to see how data play out to consider September cut - CNBC
WASHINGTON, Aug 27 (Reuters) - New York Federal Reserve bank President John Williams said on Wednesday it is likely interest rates can fall at some point but policymakers will need to see what upcoming data indicate about the economy to decide if it's appropriate to make a cut at the September 1...Reuters
Wed, Aug 27
Brazil loan defaults hit highest level in nearly eight years
BRASILIA, Aug 27 (Reuters) - Default rates on outstanding loans in Brazil rose in July to their highest level in almost eight years, central bank data showed on Wednesday, while credit growth continued to lose momentum amid high borrowing costs. Defaults on non-earmarked credit to household...Reuters
Wed, Aug 27
USD/CNH: Unlikely to threaten the major support at 7.1435 – UOB Group
US Dollar (USD) could edge lower but is unlikely to threaten the major support at 7.1435. In the longer run, rapidly increasing downward momentum indicates USD could drop below 7.1435; it is unclear now if 7.1290 is within reach, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Aug 27
Ukraine launches tender for lithium deposit site in Kirovohrad region, PM says
KYIV, Aug 27 (Reuters) - Ukraine launches a tender for a lithium deposit site "Dobra" in the Kirovohrad region, Kyiv's Prime Minister Yulia Svyrydenko said on Wednesday. The project is expected to be the first one within a joint investment fund with the United States."The site contai...Reuters
Wed, Aug 27
