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TREASURIES-US bonds slide as labor data shows resilience, slightly paring rate cut bets
US jobless claims fall, but skewed by Thanksgiving holidayFewer US jobs cuts in November, Challenger report saysMarkets pricing 85 bps of cuts next yearBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 4 (Reuters) - U.S. Treasuries fell on Thursday, snapping a three-day rally, as data pointed to a fa...Reuters
Thu, Dec 4
Texas trade groups target OSHA's rulemaking power in lawsuit
By Daniel Wiessner Dec 4 (Reuters) - Two produce industry trade groups in Texas have filed a lawsuit claiming the U.S. Occupational Safety and Health Administration's legal authority to adopt rules regulating workplace safety is unconstitutional, in the latest court challenge to a federal age...Reuters
Thu, Dec 4
FX Today: US PCE data takes centre stage alongside the flash U-Mich gauge
The US Dollar (USD) struggled for direction amid the ongoing and intense bearish trend in place since late November. Rising bets for a rate cut by the Federal Reserve (Fed) next week and discouraging data have been keeping the Greenback under scrutiny as of late, fuelling its downside momentum.
Fxstreet
Thu, Dec 4
REUTERS NEXT-CEOs see younger consumers driving growth amid tariffs, AI changes
By Susan Heavey and Jessica DiNapoliNEW YORK, Dec 4 (Reuters) - Younger consumers are helping to drive growth in some consumer products despite higher prices from tariffs and other economic headwinds, while artificial intelligence boosts efficiencies and margins, several CEOs told Reuters on Thursda...Reuters
Thu, Dec 4
Olympics-Los Angeles 2028 Olympic organizers top $2 billion in commercial revenue
By Rory Carroll LOS ANGELES, Dec 4 (Reuters) - The Los Angeles 2028 Olympic and Paralympic Games organizing committee said it had surpassed $2 billion in domestic sponsorship revenue, putting it on track to be among the most commercially successful Games in the history of the Olympic movement.Fin...Reuters
Thu, Dec 4
WRAPUP 2-US weekly jobless claims dive to a more than three-year low
Weekly jobless claims drop 27,000 to 191,000Continuing claims fall 4,000 to 1.939 millionPlanned layoffs decrease 53% in NovemberBy Lucia Mutikani WASHINGTON, Dec 4 (Reuters) - The number of Americans filing new applications for unemployment benefits fell to a more than three-year low last week, ...Reuters
Thu, Dec 4
Ukraine warrant holder group is not yet backing Kyiv's swap proposal
Kyiv wants to retire costly, complex GDP warrants that could trigger billions in payout Debt chief Butsa will meet investors in LondonUkraine warrant holders will give another update by Friday eveningBy Karin Strohecker LONDON, Dec 4 (Reuters) - A key group of Ukraine creditors said on Thursday i...Reuters
Thu, Dec 4
IMF encouraged that Japan skipped 'burdensome proposals' in fiscal package
By Andrea ShalalWASHINGTON, Dec 4 (Reuters) - The International Monetary Fund on Thursday said it was encouraged that "some of the more fiscally burdensome proposals" that had been under discussion were not included in the fiscal package announced last month by Japan.The fiscal package was s...Reuters
Thu, Dec 4
Return of refugees to Syria pushes growth above World Bank estimate, central bank chief says
NEW YORK, Dec 4 (Reuters) - Syria's economy is growing much faster than the World Bank's 1% estimate for 2025, due to the flow of refugees back to the country after a 14-year civil war ended, aiding plans for the country to relaunch its currency, Syrian central bank governor AbdulKader Husri...Reuters
Thu, Dec 4
TREASURIES-US yields advance as market in consolidation mode ahead of Fed next week
US jobless claims fall, but skewed by Thanksgiving holidayFewer US jobs cuts in November, report saysMarkets pricing more than 90 bps of cuts next yearBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 4 (Reuters) - U.S. Treasury yields rose on Thursday, snapping a three-day decline, as investors stepped ...Reuters
Thu, Dec 4
BMO CEO says bank is not actively looking to make an acquisition in US banking - Conf. Call
Dec 4 (Reuters) - Bank of Montreal BMO.TO:BMO CEO SAYS CANADIAN UNEMPLOYMENT RATE IS LIKELY TO REMAIN ABOVE 7% THROUGH THE MIDDLE OF 2026, PRESENTING SOME CHALLENGES, PARTICULARLY TO CONSUMER CREDIT - CONF. CALLBMO EXEC EXPECTS CORE EXPENSE GROWTH TO BE IN THE MID SINGLE DIGIT RANGE IN 2026BMO EXEC ...Reuters
Thu, Dec 4
Canada's Ivey PMI shows activity contracting in November as employment falls
TORONTO, Dec 4 (Reuters) - Canadian economic activity contracted in November for the first time in six months as a measure of employment declined, Ivey Purchasing Managers Index (PMI) data showed on Thursday.The seasonally adjusted index fell to 48.4 last month from 52.4 in October, marking the firs...Reuters
Thu, Dec 4
US factory orders rise less than expected in September
WASHINGTON, Dec 4 (Reuters) - New orders for U.S. factory goods increased less than expected in September as manufacturers remained constrained by tariffs. Factory orders rose 0.2% after a downwardly revised 1.3% increase in August, the Commerce Department's Census Bureau said on Thursday. Econo...Reuters
Thu, Dec 4
US weekly jobless claims drop to lowest level in more than three years
WASHINGTON, Dec 4 (Reuters) - The number of Americans filing new applications for unemployment benefits dropped to the lowest level in more than three years last week, still showing no signs of a deterioration in labor market conditions. Initial claims for state unemployment benefits fell 27...Reuters
Thu, Dec 4
POLL-Economists double down on December Fed cut despite policymaker divide
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 Sarupya Ganguly BENGALURU, Dec 4 (Reuters) - The U.S. Federal Reserve will reduce its key in...Reuters
Thu, Dec 4
