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Brazil posts narrower-than-expected May primary deficit on strong revenue, lower spending
BRASILIA, June 26 (Reuters) - Brazil's central government posted a smaller-than-expected primary deficit in May, Treasury data showed on Thursday, supported by strong revenue and a decline in expenditures.The primary deficit totaled 40.6 billion reais ($7.4 billion) for the month, below the 41.1...Reuters
Thu, Jun 26
Fed's Collins: not enough data by July to decide on a rate cut
June 26 (Reuters) - Boston Federal Reserve Bank President Susan Collins on Thursday signaled she feels July would be too soon to considering cutting interest rates.“We’re only going to have really one more month of data before the July meeting,” Collins told Bloomberg News. “I expect to want to see ...Reuters
Thu, Jun 26
WRAPUP 2-US labor market softening as more people remain on unemployment rolls
Weekly jobless claims fall 10,000 to 236,000Continuing claims highest since November 2021Durable goods orders soar 16.4% on strong aircraft demandGoods trade deficit widens 11.1% to $96.6 billion on weak exportsBy Lucia Mutikani WASHINGTON, June 26 (Reuters) - The number of Americans filing new a...Reuters
Thu, Jun 26
TREASURIES-Yields fall as markets consider weak jobs data, Fed concerns
Markets speculate about potential announcement by president Donald Trump of his choice to replace PowellHoliday may have contributed to lower Weekly job claims, more people stay out of work longer Focus on PCE data expected for Friday after first-quarter GDP revisionTreasury expected to sell $44 bil...Reuters
Thu, Jun 26
Brazil's central government posts $7.4 billion primary deficit in May
BRASILIA, June 26 (Reuters) - Brazil's central government posted a primary budget deficit of 40.6 billion reais ($7.4 billion) in May, Treasury data showed on Thursday.Economists polled by Reuters were expecting a larger shortfall of 41.1 billion reais. ($1 = 5.4966 reais)Reuters
Thu, Jun 26
Fed well positioned to wait to see what tariffs do, Barr says
June 26 (Reuters) - President Donald Trump's tariffs will likely increase inflation and could also drive up unemployment, Federal Reserve Governor Michael Barr said on Thursday in remarks that signaled that he - like most of his Fed colleagues - wants to wait for more clarity before making any i...Reuters
Thu, Jun 26
Fed hawks and doves: what US central bankers are saying
By Ann Saphir June 26 (Reuters) - President Donald Trump is deeply unhappy with the Federal Reserve after it again left its benchmark interest rate unchanged in the 4.25%-4.50% range at its June 17-18 meeting, and he is thinking about replacements for Fed Chair Jerome Powell some 10 months before...Reuters
Thu, Jun 26
Fed's Barkin says tariffs will start pushing up inflation
Fed's Barkin says tariffs will push up inflationBarkin said Fed policy well positioned amid considerable uncertaintyBarkin sees risks to Fed inflation and job mandatesBy Michael S. DerbyNEW YORK, June 26 (Reuters) - Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariff...Reuters
Thu, Jun 26
IMF raises forecast for Saudi GDP growth to 3.5% in 2025
RIYADH, June 26 (Reuters) - The International Monetary Fund on Thursday raised its 2025 GDP growth forecast for Saudi Arabia to 3.5% from 3%, partly on the back of demand for government-led projects, and supported by the OPEC+ group's plan to phase out oil production cuts.Lower oil prices have w...Reuters
Thu, Jun 26
TREASURIES-Yields fall as data shows people staying longer out of work
Holiday may have contributed to lower Weekly job claims Focus on PCE data expected for Friday after first-quarter GDP revisionTreasury expected to sell $44 billion in 7-year notesBy Tatiana Bautzer NEW YORK, June 26 (Reuters) - Yields on 2-year Treasury notes eased on Thursday morning after the L...Reuters
Thu, Jun 26
WTO trade barometer rises, but slowdown expected later in the year
June 26 (Reuters) - The World Trade Organization reported a rise in its quarterly trade barometer on Thursday, driven by frontloading purchases but likely to be short-lived as weakening export orders suggest a slowdown later in the year.The WTO Goods Trade Barometer rose to 103.5, above the baseline...Reuters
Thu, Jun 26
WTO trade barometer rises, but slowdown expected later in the year
June 26 (Reuters) - The World Trade Organization reported a rise in its quarterly trade barometer on Thursday, but warned that weakening export orders suggested a slowdown later in the year.The WTO Goods Trade Barometer rose to 103.5, above the baseline of 100 dividing above- and below-trend trade v...Reuters
Thu, Jun 26
Fed's Barkin says central bank shouldn't take options off the table
NEW YORK, June 26 (Reuters) - Federal Reserve Bank of Richmond President Thomas Barkin said Thursday he's not willing to rule out any monetary policy action option, while adding he needs more data before he can make the call on what's next for interest rate policy."You never take anythin...Reuters
Thu, Jun 26
Brazil's inflation slows in early June as food prices fall
SAO PAULO, June 26 (Reuters) - Brazil's consumer price increases slowed more than expected in early June, with a drop in food costs offering some much-needed relief after the central bank last week raised interest rates to their highest in nearly two decades amid sticky inflation.In Latin Americ...Reuters
Thu, Jun 26
