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TABLE-US light-vehicle sales volumes in Q4 2024
Jan 3 (Reuters) - The following are the U.S. light-vehicle sales volumes for Q4 2024: AUTOMAKERQ4 2024Q4 2023PCT CHNG1General Motors755,160625,17620.8%2Toyota Motor^603,104619,661-2.7%3Ford Motor530,660487,8408.8%4Hyundai226,308206,0489.8%5Kia212,318177,77719.4% TOTAL2,327,5502,116,50210.0%AUTOMAKER...Reuters
Fri, Jan 3
Global trade fragmentation comes with big output losses, ECB warns
FRANKFURT, Jan 3 (Reuters) - Global trade fragmentation due to protectionist measures entails sizeable output losses for all countries involved, European Central Bank chief economist Philip Lane said on Friday, just as the incoming U.S. administration considers imposing fresh tariffs."Avoid broad-ba...Reuters
Fri, Jan 3
Fed's Barkin: Year-ahead outlook positive, with upside risk
By Howard SchneiderBALTIMORE, Jan 3 (Reuters) - The outlook for the U.S. economy in 2025 is positive with more upside than downside risk to growth despite uncertainty about the impact of trade and other policies that may be pursued by the incoming Trump administration, Richmond Fed President Thomas ...Reuters
Fri, Jan 3
Euro zone bond yields at six week high after solid German jobs data
Updates with afternoon European tradingBy Harry Robertson LONDON, Jan 3 (Reuters) - Euro zone bond yields rose to their highest in six weeks on Friday, after data showed German unemployment rose less than expected in December, a modicum of support for its struggling economy, Europe's largest. Dat...Reuters
Fri, Jan 3
US manufacturing PMI rises to nine-month high in December
WASHINGTON, Jan 3 (Reuters) - U.S. manufacturing moved closer to recovery in December, with production rebounding and new orders rising further, though factories faced higher prices for inputs as the year ended.The Institute for Supply Management (ISM) said on Friday that its manufacturing PMI incre...Reuters
Fri, Jan 3
TREASURIES-Yields slip ahead of manufacturing data to wind down quiet week
NEW YORK, Jan 3 (Reuters) - U.S. Treasury yields eased early on Friday, marking time before the release of a report on December manufacturing that will be the last morsel to trade on in a week still quieted by the year-end holidays. The Institute of Supply Management adds its purchasing managers...Reuters
Fri, Jan 3
UPDATE 10-Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
Adds shares' movement, reaction from union and Democratic lawmakers in paragraphs 7, 10, 25-26Biden cites national security as reason for blocking salePanel passed decision to Biden amid concern over US-Japan tiesNippon Steel offered U.S. government a veto on productionBy David Shepardson, Tim Kelly...Reuters
Fri, Jan 3
UPDATE 3-China’s central bank says it will cut banks reserves, rates at proper time
China's c.bank says it will cut RRR, interest rates at proper timeMonetary policy committee suggests strengthening adjustmentChina 10-and 30-year treasury yields both hit record lowsRecasts with PBOC monetary policy committee’s quarterly meeting BEIJING, Jan 3 (Reuters) - China's central bank sai...Reuters
Fri, Jan 3
UPDATE 9-Biden blocks sale of U.S. Steel to Japan's Nippon Steel
Biden cites national security as reason for blocking salePanel passed decision to Biden amid concern over US-Japan tiesNippon Steel offered U.S. government a veto on productionAdds stock movement, context in paragraphs 4-7By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO, Jan 3 ...Reuters
Fri, Jan 3
GBP/USD retains a soft undertone – Scitabank
UK money supply and lending data for November came in on the weak side of expectations. Softer demand for mortgages suggests the rebound in UK house prices is starting to crimp demand, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, Jan 3
