News
Important Only
US President Trump advisers want to hit Canada, Mexico with 25% tariffs on February 1 – WSJ
In a gated story, the Wall Street Journal (WSJ) reported on early Monday that “momentum is growing among US President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as February 1.Fxstreet
Mon, Jan 27
China announces new measures to promote equity index investments
On Sunday, China announced new measures to boost the development of index investment products, its latest effort to revive the ailing equity market, per Bloomberg. The China Securities Regulatory Commission (CSRC) stated that the government aims to achieve a significant increase in the scale...
Fxstreet
Mon, Jan 27
China's industrial profits fall 3.3% in 2024, third year in the red
Rewrites throughout with data details and context BEIJING, Jan 27 (Reuters) - Profits at China's industrial firms fell for a third straight year in 2024, official data showed on Monday, underlining the urgency for policymakers to step up support for an economy facing tariff threats from the n...Reuters
Mon, Jan 27
China's industrial profits fall 3.3% in 2024
BEIJING, Jan 27 (Reuters) - Profits at China's industrial firms fell 3.3% in 2024 from the previous year, official data showed on Monday.The fall extended a 4.7% drop in the January-November period, and compares with a 2.3% decline for the entire 2023, according to National Bureau of Statistics ...Reuters
Mon, Jan 27
China's January NBS Manufacturing PMI contracts to 49.1, Non-Manufacturing PMI dips to 50.2
China’s Manufacturing Purchasing Managers' Index (PMI) contracted to 49.1 in January from 50.1 in December, the official data released by the National Bureau of Statistics (NBS) showed on Monday.Fxstreet
Mon, Jan 27
RPT-Heard in Davos: What we learned from the WEF in 2025
Repeats item first published on Friday, with no changes to text DAVOS, Switzerland, Jan 24 (Reuters) - World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a distance by Donald Trump's return as U.S. President.Here's what...Reuters
Mon, Jan 27
Irish consumer sentiment improves to 6-month high in January
DUBLIN, Jan 27(Reuters) - Irish consumer sentiment improved slightly to hit a six-month high in January as concerns about household finances eased but worries about the broader macroeconomic outlook grew, a survey showed on Monday.The Credit Union Consumer Sentiment index climbed to 74.9 in January ...Reuters
Mon, Jan 27
AmEx revenue beats expectations on strong holiday spending
Adds CEO comment in paragraph 6-7, analyst comments in paragraphs 10-13By Jaiveer Shekhawat and Arasu Kannagi BasilJan 24 (Reuters) - American Express AXP.N beat expectations for fourth-quarter revenue on Friday, as more consumers swiped its cards during the holiday season for travel and online shop...Reuters
Fri, Jan 24
Euro zone government bond yields rise after PMI data
Updates to late European tradingBy Stefano Rebaudo Jan 24 (Reuters) - Euro zone government bond yields rose on Friday after Purchasing Managers Index data showed a modest return to economic growth in the bloc, leading investors to slightly cut bets on the European Central Bank easing cycle.France...Reuters
Fri, Jan 24
Heard in Davos: What we learned from the WEF in 2025
DAVOS, Switzerland, Jan 24 (Reuters) - World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a distance by Donald Trump's return as U.S. President.Here's what we learned:MIDDLE EASTThere was real talk of regional peace, drive...Reuters
Fri, Jan 24
US consumer sentiment ebbs in January; 12-month inflation expectations rise
WASHINGTON, Jan 24 (Reuters) - U.S. consumer sentiment weakened in January for the first time in six months amid worries about the labor market and potential higher prices for goods if President Donald Trump's new administration presses ahead with planned tariffs on imports.The University of Mic...Reuters
Fri, Jan 24
TREASURIES-US yields mixed as Trump policy questions continue
Trumps softens stance on ChinaUS 2/10 yield curve steepens for 3rd dayTreasury yield moves this week subdued overallFed seen holding rates steady next weekBy Gertrude Chavez-Dreyfuss NEW YORK, Jan 24 (Reuters) - U.S. Treasury yields were mixed on Friday, with the long end of the curve modestly hi...Reuters
Fri, Jan 24
