News
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Euro zone yields edge up before Fed and BoE policy meetings
By Stefano Rebaudo May 5 (Reuters) - Euro zone government bond yields edged up on Monday with investors on the sidelines ahead of a week packed with policy meetings at central banks including the Federal Reserve and the Bank of England.A public holiday in Britain contributed to thin trade volumes...Reuters
Mon, May 5
Pakistan tests missile, India orders drills amid Kashmir standoff
Pakistan's second missile test in three daysIndian drills will include air raid sirens, source saysMoody's says standoff could set back Pakistan reforms By Gibran Naiyyar Peshimam and Charlotte Greenfield ISLAMABAD/BELA NOOR SHAH, Pakistan, May 5 (Reuters) - Pakistan carried out a second ...Reuters
Mon, May 5
TREASURIES-US yields drift higher after stronger-than-expected services sector data
US ISM services sector index prices paid at 2-year highUS yield curve steepensUS Treasury to auction 3-year notes on MondayBy Gertrude Chavez-Dreyfuss NEW YORK, May 5 (Reuters) - U.S. Treasury yields edged higher on Monday, after data showed that the services sector in the world's largest eco...Reuters
Mon, May 5
Facing flagging growth, Mexico government plans to boost national output
By Kylie Madry MEXICO CITY, May 5 (Reuters) - Mexican officials on Monday laid out a plan to keep the nation on the path toward growth after narrowly avoiding a technical recession in the first quarter.The nation's annual gross domestic product could tick up 0.7 percentage points if the plan ...Reuters
Mon, May 5
Bessent says Trump tariff, tax cut, deregulation agendas will drive investment to US
WASHINGTON, May 5 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said President Donald Trump's tariff, tax-cut and deregulation agenda would work together to drive long-term investment to the U.S. economy, adding that U.S. financial markets were "antifragile" and would weath...Reuters
Mon, May 5
US service sector picks up in April; price pressures rise
WASHINGTON, May 5 (Reuters) - The U.S. services sector's growth picked up in April as orders increased, boosting a measure of prices paid by businesses for materials and services to the highest level in more than two years, signaling a building up in inflation pressures due to tariffs.The Instit...Reuters
Mon, May 5
FACTBOX-Some brokerages postpone Fed rate cut bets after resilience in US jobs data
May 5 (Reuters) - Major brokerages, including Goldman Sachs and Barclays see a later start to the U.S. Federal Reserve's easing cycle after stronger-than-expected jobs report signaled resilience in the U.S. labor market as President Donald Trump's protectionist trade policy heightens economi...Reuters
Mon, May 5
Mexico to present measures to strengthen economy
MEXICO CITY, May 5 (Reuters) - Mexican officials are set to lay out measures to strengthen the nation's economy, President Claudia Sheinbaum said on Monday at her morning press conference, flanked by some of the top members of her cabinet.The Mexican economy grew 0.2% in the first quarter compar...Reuters
Mon, May 5
Canada's services PMI shows steep contraction in April activity
By Fergal Smith TORONTO, May 5 (Reuters) - Canada's services economy contracted for a fifth straight month in April as uncertainty around trade policy and the Canadian general election weighed on activity, S&P Global's Canada services PMI data showed on Monday.The headline Business Ac...Reuters
Mon, May 5
