News
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Brazil's bank lending expands 11% in 2024, but slowdown expected
Recasts with further data, context BRASILIA, Jan 27 (Reuters) - Brazil's outstanding loans grew slightly above the central bank's forecast in 2024, expanding 10.9% to 6.4 trillion reais ($1.08 trillion) in a year of robust economic activity, official data showed on Monday.In its December...Reuters
Mon, Jan 27
PREVIEW-Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
BoC to announce rate decision amid U.S. tariff threatsPresident Trump has vowed 25% duty on Canadian importsEconomists expect 25bps cut due to economic uncertaintyBoC will also release first quarter monetary policy reportBy Promit Mukherjee OTTAWA, Jan 27 (Reuters) - The Bank of Canada will most ...Reuters
Mon, Jan 27
Morgan Stanley also expects sub-1% UK GDP growth this year
Updates throughout Jan 27 (Reuters) - Morgan Stanley, on Monday, forecast UK's economic growth would be less than 1% this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, citing a slowdown in Britain's economy and signs of labour market weakness.The broker...Reuters
Mon, Jan 27
German business sentiment unexpectedly improves in January
Business climate index rises to 85.1 in January from 84.7 in previous monthBut companies still pessimistic about future amid pre-election uncertaintyEconomic sentiment mixed across sectors of Europe's largest economy, with industry and construction laggingAdds graph, economists' comments and...Reuters
Mon, Jan 27
China vows to accept the return of illegal Chinese migrants in the US after Trump threats – Bloomberg
“China will receive people who are confirmed as Chinese nationals from the mainland after verification,” Bloomberg reported, citing Chinese Foreign Ministry spokeswoman Mao Ning on Monday Mao responded when asked if Beijing would take back citizens living without documentation in the US.
Fxstreet
Mon, Jan 27
German business sentiment rises in January
BERLIN, Jan 27 (Reuters) - German business morale unexpectedly improved in January, a survey showed on Monday. The Ifo institute said its business climate index increased to 85.1 in January.Analysts polled by Reuters had forecast a reading of 84.7.Reuters
Mon, Jan 27
Euro zone bond yields fall, central bank meetings in focus
Jan 27 (Reuters) - Euro zone bond yields fell on Monday, while investors readied for a string of central bank meetings this week, where markets expect the European Central Bank to cut interest rates. Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone, fell 5 basis points (bp...Reuters
Mon, Jan 27
PRESS DIGEST-British Business - Jan 27
Jan 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- British Prime Minister Keir Starmer is expected to resist pressure from U.S. President Donald Trump and the Britis...Reuters
Mon, Jan 27
White House: Colombia has agreed to accept illegal migrants returned from the US
In a turn of events, the White House said on Monday that “Colombia has agreed to all of President Donald Trump’s terms, including unrestricted acceptance of all illegal aliens from Colombia returned from the United States (US).” Additional takeaways Fully drafted International Emergency Economic Powers Act (IEEPA) tariffs and sanctions on Colombia will be held in reserve and not signed.Fxstreet
Mon, Jan 27
China Jan manufacturing activity unexpectedly contracts, hits five-month low
Official manufacturing PMI at 49.1 in Jan, weakest since AugNon-manufacturing growth in January slows to 50.2Beijing faces lopsided export-led recoveryUpdates with background on economy, services dataBy Liz Lee and Joe Cash BEIJING, Jan 27 (Reuters) - China's manufacturing activity unexpected...Reuters
Mon, Jan 27
