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Brazil downplays impact of US tariffs on 2025 growth
Brazil expects minimal impact on 2025 growth from US tariffsBrazil plans to redirect exports to other global marketsChina criticizes US tariffs as coercive and interferingBrazil's aerospace industry may face significant challengesLula criticizes Trump's tariff reasoning as outrageousBy Berna...
Reuters
Fri, Jul 11
TREASURIES-US yields rise as tariffs, inflation in focus
Trump announces new tariffs on CanadaConsumer price data due next week next major economic focusWhite House expands criticisms of Fed Chair PowellBy Karen Brettell July 11 (Reuters) - U.S. Treasury yields rose on Friday as investors focused on next week’s consumer price inflation report that may ...
Reuters
Fri, Jul 11
Canada records surprise job gains, June unemployment rate edges down
Employment increases in wholesale and retail tradeTariff-exposed manufacturing sector also posts a riseUnemployment was up 9% on a yearly basis in JuneAverage hourly wage of permanent employees slowed to 3.2%By Promit Mukherjee OTTAWA, July 11 (Reuters) - Canada's unemployment rate fell sligh...
Reuters
Fri, Jul 11
US tariff rate may be more than 20% after latest round, global business group says
US consumers face highest tariff rate since early 1900sRate is currently 16%, the highest since the 1930sCompanies 'acutely concerned' about tariffs, business group saysBy Josephine Mason LONDON, July 11 (Reuters) - U.S. consumers face an effective U.S. tariff rate of more than 20%, the h...
Reuters
Fri, Jul 11
Russia Foreign Trade fell from previous $9.043B to $8.718B in May
Russia Foreign Trade fell from previous $9.043B to $8.718B in May
Fxstreet
Fri, Jul 11
INSTANT VIEW-Canada's economy adds 83,100 new jobs in June
TORONTO, July 11 (Reuters) - Canada's economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250711/dq250711a-...
Reuters
Fri, Jul 11
INSTANT VIEW-Canada's economy adds 83,100 new jobs in June
TORONTO, July 11 (Reuters) - Canada's economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250711/dq250711a-...
Reuters
Fri, Jul 11
Canada Participation Rate increased to 65.4% in June from previous 65.3%
Canada Participation Rate increased to 65.4% in June from previous 65.3%
USD/CAD
Fxstreet
Fri, Jul 11
Canada Net Change in Employment above expectations (0K) in June: Actual (83.1K)
Canada Net Change in Employment above expectations (0K) in June: Actual (83.1K)
USD/CAD
Fxstreet
Fri, Jul 11
Canada Unemployment Rate came in at 6.9%, below expectations (7.1%) in June
Canada Unemployment Rate came in at 6.9%, below expectations (7.1%) in June
USD/CAD
Fxstreet
Fri, Jul 11
Canada Building Permits (MoM) registered at 12% above expectations (-0.8%) in May
Canada Building Permits (MoM) registered at 12% above expectations (-0.8%) in May
Fxstreet
Fri, Jul 11
Brazil raises forecast for 2025 GDP growth, sees slowdown next year
BRASILIA, July 11 (Reuters) - Brazil's finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in face of the central bank's tight monetary policy, a report showed on Friday.The ministry's economic policy secretariat now expects Braz...
Reuters
Fri, Jul 11
United Kingdom NIESR GDP Estimate (3M) fell from previous 0.4% to 0.2% in June
United Kingdom NIESR GDP Estimate (3M) fell from previous 0.4% to 0.2% in June
Fxstreet
Fri, Jul 11
Mexico Industrial Output (YoY) registered at -0.8% above expectations (-1.9%) in May
Mexico Industrial Output (YoY) registered at -0.8% above expectations (-1.9%) in May
Fxstreet
Fri, Jul 11
Markets stay calm amidst rising tariffs – Commerzbank
The US has started sending out its tariff letters (or posting them on social media). However, the market does not seem to be interested in this at all at the moment.
Fxstreet
Fri, Jul 11
Morning News Call - Canada, July 11
To access a PDF version of this newsletter, please click here You 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-page ECONOMIC EVENTS0830 B...
Reuters
Fri, Jul 11
India Bank Loan Growth: 9.5% (June 23) vs previous 9.6%
India Bank Loan Growth: 9.5% (June 23) vs previous 9.6%
Fxstreet
Fri, Jul 11
USD/CNH: Increasing momentum suggests USD may rise – UOB Group
US Dollar (USD) is expected to trade in a range between 7.1730 and 7.1880 against Chinese Yuan (CNH). In the longer run, increasing momentum suggests USD may rise, but it is too early to expect 7.2000 to come into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jul 11
UK GDP falters again in May – ING
UK GDP disappointed for a second straight month in May, reinforcing the Bank of England’s view that underlying growth is largely stagnant after earlier distortions from tariffs and housing.
GBP/USD
Fxstreet
Fri, Jul 11
Canada jobs data eyed for rate cut clues – ING
Canada's June jobs report is expected to show flat employment growth and a slight rise in the jobless rate to 7.1%, but recent fiscal tightening poses downside risks.
USD/CAD
Fxstreet
Fri, Jul 11
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