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French bond yields steady as snap election worries ease, new PM awaited
French bonds steady on optimism of avoiding snap electionMacron to name new PM by Friday eveningFrance-Germany bond yield spread remains elevatedBy Samuel Indyk LONDON, Oct 9 (Reuters) - French bonds on Thursday held on to gains from the day before on optimism the country can avoid a snap electio...Reuters
Thu, Oct 9
Bank of Mexico says it will consider further cuts to interest rate
MEXICO CITY, Oct 9 (Reuters) - The Bank of Mexico said it will assess further cuts to the interest rate, according to minutes of the central bank's meeting released on Thursday.Last month, Banxico, as the central bank is known, cut its benchmark interest rate to 7.5%, its lowest level since May ...Reuters
Thu, Oct 9
Mexico's annual inflation rises in September, but remains within target range
By Aida Pelaez-Fernandez MEXICO CITY, Oct 9 (Reuters) - Mexico's annual inflation rate quickened in September at a pace slightly below expectations, official data showed on Thursday, but remained within the central bank's target range of 3% plus or minus a percentage point.Consumer pr...Reuters
Thu, Oct 9
PepsiCo beats earnings estimates on steady demand for sodas and snacks, names new CFO
Q3 results beat driven by international growthWill cut costs in N. America snacking segment, CEO saysNames Walmart U.S. finance head as new CFOBy Juveria Tabassum and Jessica DiNapoli Oct 9 (Reuters) - PepsiCo PEP.O topped Wall Street expectations for third-quarter revenue and profit on Thursday,...Reuters
Thu, Oct 9
TREASURIES-US yields edge higher ahead of 30-year auction
WASHINGTON, Oct 9 (Reuters) - U.S. Treasury yields were rising on Thursday morning as the market awaited an auction of long-dated bonds amid a continuing shutdown of the federal government that has blocked the release of official economic indicators.The two-year and benchmark 10-year Treasuries have...Reuters
Thu, Oct 9
Fed's Williams tells New York Times he backs more rate cuts this year
New York Fed chief sees no risk of imminent recessionFed cut rates last month to balance inflation, job market risksWilliams emphasizes central bank's independence amid political pressure Oct 9 (Reuters) - New York Federal Reserve President John Williams backs more interest rate cuts this...Reuters
Thu, Oct 9
Brazil inflation rebounds in September despite falling food prices
SAO PAULO, Oct 9 (Reuters) - Brazil's inflation resumed growth in September, despite the continuous easing in food prices, data from statistics agency IBGE showed on Thursday. Consumer prices in Latin America's largest economy rose 0.48% in September, up from a 0.11% drop in August...Reuters
Thu, Oct 9
REFILE-US consumer goods prices rise in September, OpenBrand says
WASHINGTON, Oct 9 (Reuters) - Prices for long-lasting U.S. consumer and personal goods increased in September, data from OpenBrand showed on Thursday, though the boost from import tariffs appeared to be fading.A partial U.S. government shutdown, now in its second week, has caused the suspension of o...Reuters
Thu, Oct 9
BREAKINGVIEWS-Israel’s economy faces an uncertain truce dividend
By Afiq Fitri Alias LONDON, Oct 9 (Reuters Breakingviews) - Israel’s two-year war in Gaza is nearing its end. U.S. President Donald Trump on Wednesday announced that Prime Minister Benjamin Netanyahu and Hamas had agreed to the first phase of a plan involving the release of all hostages and the p...Reuters
Thu, Oct 9
RPT-Taiwan and India were top destinations for Russian naphtha in August, LSEG data shows
MOSCOW, Oct 9 (Reuters) - Taiwan and India were the main destinations for Russian seaborne naphtha exports in August, as cheaper barrels attracted buyers, data from market sources and LSEG showed. Since the European Union's full embargo on Russian oil products went into effect in February 2023, ...Reuters
Thu, Oct 9
USD consolidates recent gains as markets eye BoC – Scotiabank
This week’s US Dollar (USD) rally is showing signs of exhaustion and movement among most of the G10 currencies is limited as we head into Thursday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Thu, Oct 9
Taiwan and India were top destinations for Russian naphtha in August, LSEG data shows
MOSCOW, Oct 9 (Reuters) - Taiwan and India were the main destinations for Russian seaborne naphtha exports in August, as cheaper barrels attracted buyers, data from market sources and LSEG showed. Since the European Union's full embargo on Russian oil products went into effect in February 2023, ...Reuters
Thu, Oct 9
US market not worth the risk, says one of India's biggest solar companies
By Sethuraman N R and Yagnoseni Das Oct 9 (Reuters) - Saatvik Green Energy SAAT.NS, one of India's biggest solar module makers by capacity, said on Thursday it is shunning the once-promising U.S. export market as it is no longer "worth the risk" due to the thorny tariff issue.The Unit...Reuters
Thu, Oct 9
