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Canada Exports climbed from previous $66.11B to $69.46B in December
Canada Exports climbed from previous $66.11B to $69.46B in December
USD/CAD
Fxstreet
Wed, Feb 5
Treasury to keep most auction sizes unchanged for next few quarters
Feb 5 (Reuters) - The U.S. Treasury Department on Wednesday said it expects to keep its coupon and floating rate note auction sizes steady for at least the next several quarters, but will continue to incrementally increase the size of its Treasury Inflation-Protected Securities (TIPS) auctions.It al...
Reuters
Wed, Feb 5
US private payrolls growth picks up in January
WASHINGTON, Feb 5 (Reuters) - U.S. private payrolls growth picked up in January, the ADP National Employment Report showed on Wednesday.Private payrolls increased by 183,000 jobs last month after an upwardly revised 176,000 rise in December. Economists polled by Reuters had forecast private employme...
Reuters
Wed, Feb 5
BoE expected to cut 25bps Thursday – Scotiabank
Final January UK PMI data were revised lower but both Services and Composite activity remained in expansion territory (at 50.8 and 50.6 respectively), Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Wed, Feb 5
US ADP private sector employment rises 183,000 in January vs. 150,000 expected
Private sector employment in the US rose 183,000 in December and annual pay was up 4.7% year-over-year, the Automatic Data Processing (ADP) reported on Wednesday.
Fxstreet
Wed, Feb 5
Fed leaning toward more rate cuts amid uncertainty, Barkin says
WASHINGTON, Feb 5 (Reuters) - The U.S. Federal Reserve is still leaning towards further rate cuts this year although uncertainty about the impact of new tariff, immigration, regulatory and other Trump administration initiatives will need to be better understood, Richmond Fed president Tom Barkin sai...
Reuters
Wed, Feb 5
United States ADP Employment Change above forecasts (150K) in January: Actual (183K)
United States ADP Employment Change above forecasts (150K) in January: Actual (183K)
Fxstreet
Wed, Feb 5
Fed's Barkin: Still think policy rate is modestly restrictive
In an interview with Bloomberg on Wednesday, Richmond Federal Reserve President Thomas Barkin said that he still thinks the policy rate is modestly restrictive, per Reuters.
Fxstreet
Wed, Feb 5
Morning News Call - Canada, February 5
To access a PDF version of this newsletter, please click hereYou 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-pageECONOMIC EVENTS0815 Reserve Ass...
Reuters
Wed, Feb 5
ANALYSIS-Hungary's shaky economy disrupts Orban's re-election playbook
Price rises, low birth rate challenge Orban's upbeat view of economyCentral bank warns of increased inflation risksU.S. tariffs could hit export-reliant central EuropeSurging opposition rival poses threat to Orban's FideszBy Gergely Szakacs BUDAPEST, Feb 5 (Reuters) - Hungarian Prime Mini...
Reuters
Wed, Feb 5
Kenya has started talks with the IMF for a new program, finance minister says
NAIROBI, Feb 5 (Reuters) - Kenya has already started talks with International Monetary Fund officials to secure a new lending program when the current one expires in April, its finance minister told Reuters on Wednesday.The East African nation needs continued support from the Washington-based lender...
Reuters
Wed, Feb 5
FACTBOX-Foreign companies embroiled in tax disputes with India
NEW DELHI, Feb 5 (Reuters) - Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable on big M&A transactions, leading to prolonged litigation at times. Here are some of the key past and current tax disputes involving foreign co...
Reuters
Wed, Feb 5
CORRECTED-Brazil's industrial output falls 0.3% in December
Corrects headline, first paragraph to clarify industrial output fell, not roseFeb 5 (Reuters - Industrial production in Brazil fell 0.3% in December from November BRIO=ECI, government statistics agency IBGE said on Wednesday.The median estimate in a Reuters poll projected a decline of 0.5%.Productio...
Reuters
Wed, Feb 5
United States MBA Mortgage Applications up to 2.2% in January 31 from previous -2%
United States MBA Mortgage Applications up to 2.2% in January 31 from previous -2%
Fxstreet
Wed, Feb 5
India M3 Money Supply: 9.6% (January 20) vs previous 10.1%
India M3 Money Supply: 9.6% (January 20) vs previous 10.1%
Fxstreet
Wed, Feb 5
Growth below expectations to remain a structural drag for CNH – Société Générale
USD/CNH is heavy near 7.2700. China’s private sector services growth traction unexpectedly slowed in January, Société Générale's FX analysts note.
USD/CNH
Fxstreet
Wed, Feb 5
Fed sticks to hawkish rhetoric, according to FXS Fed Sentiment Index
Following the first policy meeting of the year, the Federal Reserve (Fed) announced that it left the policy rate unchanged at 4.25%-4.5% in a widely anticipated decision.
Fxstreet
Wed, Feb 5
Morgan Stanley revises Fed rate cut forecast amid tariff uncertainty
Feb 5 (Reuters) - Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal Reserve this year, citing uncertainty from President Donald Trump's tariff policy.The Wall Street brokerage had previously said it expected two 25 bps rate ...
Reuters
Wed, Feb 5
UK electric car sales rise in January but lag behind mandate, industry data shows
Rewrites throughout with reported numbersFeb 5 (Reuters) - Registrations for new electric vehicles in the UK rose in January but their market share remained short of the 28% mandate for the year, industry data showed on Wednesday.The Society of Motor Manufacturers and Traders (SMMT) reported that vo...
Reuters
Wed, Feb 5
UK services firms speed up job cuts but price pressures strong, PMI shows
LONDON, Feb 5 (Reuters) - British services firms lost momentum last month as a looming rise in employer taxes led to the fastest job cuts in four years but price pressures remained strong, according to a survey that underscored the challenge facing the Bank of England this week.The S&P Global UK...
Reuters
Wed, Feb 5
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