News
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UPDATE 3-Canada's robust December job report shrinks rate cut bets
Economy adds 90,900 jobs in December, highest since Jan'23Unemployment rate falls to 6.7%, defying expectationsMarket reduces rate cut bets from 70% to roughly 61%8.8% of local workers rely on U.S. demand for Canadian exportsAdds economists' comments, context in paragraphs 7-8, 12-16; adds file phot...Reuters
Fri, Jan 10
Euro zone yields hit multi-month highs after strong U.S. jobs data
Updates after U.S. jobs data Jan 10 (Reuters) - Euro zone government bond yields rose to new multi-month highs on Friday after data showed the U.S. economy added far more jobs than expected in December, casting further doubt on the number of Federal Reserve rate cuts this year. Germany's...Reuters
Fri, Jan 10
Strong economy, safe asset demand boosted US dominance in capital flows, White House says
Investment incentives attracted global inflowsUS received 41% of global inflows, highest of any countryDollar remains strongest reserve currencyBy Andrea Shalal WASHINGTON, Jan 10 (Reuters) - The strength of the U.S. economic recovery post-COVID and a quest for safe-haven investments helped boost...Reuters
Fri, Jan 10
INSTANT VIEW-Canada's economy adds 90,900 jobs in December, jobless rate edges down
TORONTO, Jan 10 (Reuters) - Canada's economy gained a net 90,900 jobs in December, largely in full-time work, and the jobless rate edged down to 6.7%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250110/dq250110a-eng.h...Reuters
Fri, Jan 10
TREASURIES-US yields jump as jobs gains beat expectations
Jan 10 (Reuters) - Longer-dated U.S. Treasury yields jumped to their highest levels since November 2023 on Friday after data showed that employers added 256,000 jobs in December, far surpassing economists’ expectations, while the unemployment rate fell.Employers were expected to have added 160,000 j...Reuters
Fri, Jan 10
CORRECTED-Amundi buys UK gilts during sell-off, sees spending cuts ahead
Corrects yield in paragraph 9 to 5.442% from 5.422%By Harry Robertson LONDON, Jan 10 (Reuters) - Europe's largest asset manager Amundi added to its gilt holdings in its global portfolios amid this week's sell-off in UK bonds, and said British finance minister Rachel Reeves will likely have to cut...Reuters
Fri, Jan 10
Morning News Call - Canada, January 10
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 EVENTS0830 Building Pe...Reuters
Fri, Jan 10
UPDATE 1-Brazil's inflation ends 2024 above target, setting stage for more rate hikes
Inflation ends 2024 above central bank's target rangeCentral bank likely to continue interest rate hikesFood, beverage costs drive December's inflation increaseRecasts throughout SAO PAULO, Jan 10 (Reuters) - Brazil's annual inflation came in slightly below market forecasts in December but still ...Reuters
Fri, Jan 10
FACTBOX-Most brokerages expect Fed to hold rates steady in January meeting
Rewrites throughout Jan 10 (Reuters) - Major brokerages, including BofA and Goldman Sachs, expect the U.S. Federal Reserve to hold interest rates steady in the upcoming January meeting, although a non-farm payrolls (NFP) report later on Friday was expected to offer more clues on the central bank'...Reuters
Fri, Jan 10
