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Canadian housing starts fall 13% in December -CMHC
TORONTO, Jan 16 (Reuters) - Canadian housing starts fell 13% in December compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data from the national housing agency showed on Thursday.The seasonally adjusted annualized rate of housing s...Reuters
Thu, Jan 16
ECB Accounts: Further rate cuts remain on the cards
Policymakers at the European Central Bank (ECB) agreed last month that interest rate cuts should be approached cautiously and gradually, but they also indicated that more policy easing was likely on the horizon, all according to the publication of the bank’s Accounts of the December 11–12 gathering.
Fxstreet
Thu, Jan 16
UPDATE 1-Brazil economic activity beats forecasts in November despite monetary tightening
Recasts throughout BRASILIA, Jan 16 (Reuters) - Economic activity in Brazil exceeded market expectations in November, official data showed on Thursday, adding to a string of stronger-than-anticipated performances despite the central bank's ongoing monetary tightening cycle.The IBC-Br index, a lea...Reuters
Thu, Jan 16
Euro zone yields edge up after bond rally
Updates to European late morning tradingBy Greta Rosen Fondahn Jan 16 (Reuters) - Euro zone bond yields edged up on Thursday, after posting their largest one-day drop since June, while cooling U.S. inflation gave fixed-income markets some relief after a global selloff. Germany's 10-year bond yiel...Reuters
Thu, Jan 16
Russia says Western claims of Russian undersea cable sabotage aim to curb sea-borne Russian oil exports
MOSCOW, Jan 16 (Reuters) - Russia on Thursday accused NATO and the West of making "evidence-free" allegations against Moscow over ships purportedly involved in sabotaging undersea cables in an effort to curb sea-borne Russian oil exports. Finnish police last month seized a tanker carrying Russian...Reuters
Thu, Jan 16
Global unemployment set to hold near historical low of 5%, ILO says
GENEVA, Jan 16 (Reuters) - Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday.However, the Geneva-based body said that a global economic slowdown from 3.3% to around 3.2% last y...Reuters
Thu, Jan 16
