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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
New Tesla sales in Spain drop 36% in April despite EV sales surge
May 5 (Reuters) - Tesla's TSLA.O new car sales in Spain fell 36% in April from the same month in 2024 to 571 vehicles, registration data released by industry group ANFAC showed on Monday, while sales of electric cars from other brands soared.Over the first four months of 2025, sales of Teslas in...Reuters
Mon, May 5
Pakistan tests missile amid India standoff, Moody's warns of economic cost
Moody's says Pakistan fiscal consolidation may sufferSecond missile test in three daysIndia says Pakistan involved in attack, Islamabad deniesBy Gibran Naiyyar Peshimam and Charlotte Greenfield ISLAMABAD/BELA NOOR SHAH, Pakistan, May 5 (Reuters) - Pakistan carried out a second missile test in...Reuters
Mon, May 5
US Dollar edges lower after Taiwan Dollar surges amid exporter panic
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges lower and remains capped below the 100.00 level at the time of writing on Monday after the Taiwan Dollar (TWD) surges over 5% and triggers a spillover effect in Asian currencies againstFxstreet
Mon, May 5
Spain's sales of new Tesla cars fall 36% in April, while total electric cars soar
May 5 (Reuters) - Tesla's TSLA.O new car sales in Spain fell 36% in April from the same month in 2024 to 571 units, registration data released by industry group ANFAC showed on Monday, while sales of electric cars from other brands soared.Reuters
Mon, May 5
Russia's LNG exports down 4.6% y/y in January-April, data shows
MOSCOW, May 5 (Reuters) - Russia's exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a year earlier to 10.4 million metric tons, LSEG preliminary data showed on Monday, amid sanctions.Russia has struggled to raise LNG exports in the face of U.S. re...Reuters
Mon, May 5
Euro zone government bond yields edge down before Fed and BoE policy meetings
By Stefano Rebaudo and Alun John May 5 (Reuters) - Euro zone government bond yields edged down 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 th...Reuters
Mon, May 5
Fed policymakers expected to keep rates steady as tariffs roil outlook
No rate cut likely on Wednesday as Fed continues wait-and-see postureUncertainty high over how tariffs will affect the economyPayrolls strength gives Fed room to keep waitingTrump, wanting rate cuts now, unlikely to be pleased by outcomeBy Ann Saphir May 5 (Reuters) - The Federal Reserve will dou...Reuters
Mon, May 5
