News
Important Only
US posts record $145 billion December deficit as outlays outpace receipts
December customs receipts dip to $27.9 billion from $30-billion-a-month range U.S. Treasury says after calendar adjustments, December deficit would have fallenOutlays, receipts reach records for first three months of fiscal 2026By David LawderWASHINGTON, Jan 13 (Reuters) - The U.S. government posted...Reuters
Tue, Jan 13
TREASURIES-US yields fall after inflation data matches expectations
CPI rose 0.3% in December, matching expectationsFed rate cut expectations remain largely unchangedMusalem says no reason near-term for further rate cutsBy Chuck Mikolajczak NEW YORK, Jan 13 (Reuters) - U.S. Treasury yields declined on Tuesday, after a reading on inflation for December came in as ...Reuters
Tue, Jan 13
What to Watch in the Day Ahead - Wednesday, January 14
Bank of America is expected to post higher fourth-quarter profit, lifted by strong trading as market volatility prompted clients to rejig portfolios. Separately, Wells Fargo is also expected to report a higher fourth-quarter profit. Investors will watch out for management's commentary on the U.S...Reuters
Tue, Jan 13
US natgas output to hit record high in 2026, while demand declines, EIA says
By Scott DiSavinoNEW YORK, Jan 13 (Reuters) - U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday.EIA projected dry gas production will rise from a record 107.4 billion cubi...Reuters
Tue, Jan 13
WRAPUP 2-Central bank chiefs, bank CEOs back Fed's Powell after Trump administration threat
Powell threatened with indictment over Fed renovation testimonyStatement in support of Fed chief signed by 11 central bank peersTrump again demands big Fed rate cut, says he'll name Powell's successor in weeksLatest move could have 'reverse consequences,' JPMorgan's Dimon warnsTo...Reuters
Tue, Jan 13
French central bank sees fourth quarter growth of at least 0.2%
Aerospace, defence sectors drove December industrial activityServices sector expected to strengthen in JanuaryUncertainty indicator declines despite budget impasse PARIS, Jan 13 (Reuters) - France's economy probably grew modestly in the final quarter of last year, with aerospace and defence s...Reuters
Tue, Jan 13
US posts record $145 billion December deficit as outlays outpace receipts
WASHINGTON, Jan 13 (Reuters) - The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in benefit payments and receipts, the Treasury Department said on Tuesday.The report showed that...Reuters
Tue, Jan 13
Fed officials cautious about rising productivity's contribution to inflation fight
Fed officials says it's too early to build productivity gains into interest rate outlookTrump administration cites productivity gains in push for lower borrowing costsUS central bank not likely to cut rates soonBy Howard Schneider WASHINGTON, Jan 13 (Reuters) - Federal Reserve officials are h...Reuters
Tue, Jan 13
Some Fed officials confident next Fed chair will uphold mission despite Trump attacks
Fed officials confident new chair will uphold mission despite Trump's pressureWilliams and Musalem emphasize importance of Fed's independence and missionTrump's attacks on Fed include threats and legal actions against PowellBy Michael S. Derby and Howard Schneider Jan 13 (Reuters) - E...Reuters
Tue, Jan 13
WRAPUP 4-US consumer inflation increases steadily, but households paying more for food and rents
Consumer Price Index increases 0.3% in DecemberFood, rents were the main drivers of consumer inflationUnderlying inflation rises a moderate 0.2%By Lucia Mutikani WASHINGTON, Jan 13 (Reuters) - U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the dis...Reuters
Tue, Jan 13
WTI oil discount to Brent largest in eight months as more Venezuelan crude expected in US
Venezuelan crude influx widens WTI-Brent spreadUS crude exports may rise by 100,000 bpd in Q1Brent gains from Iran tensions, Venezuelan imports affect WTI pricesBy Georgina McCartney and Seher Dareen HOUSTON/LONDON, Jan 13 (Reuters) - The discount on U.S. crude futures to the global benchmark Bre...Reuters
Tue, Jan 13
Ramping oil production in Venezuela will yield limited short-term gains, IEA says
SANDEFJORD, Norway, Jan 13 (Reuters) - Ramping up oil production in Venezuela after years of industry neglect will take time and bring only limited short-term gains, the chief energy economist at the International Energy Agency said on Tuesday.U.S. President Donald Trump has urged U.S. energy firms...Reuters
Tue, Jan 13
Euro zone yields edge up after central banks' support to Powell
By Joice Alves LONDON, Jan 13 (Reuters) - Euro zone bond yields edged up on Tuesday, after reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution. Easing some concerns...Reuters
Tue, Jan 13
EXCLUSIVE-Angola extends $1 billion debt facility with JPMorgan and gets extra $500 million
JPMorgan deal was initially backed by $1.9 billion in Angolan bondsGabon, Senegal have also turned to "off screen" debt deals Angola plans to issue new domestic bonds in local and foreign currenciesBy Miguel Gomes and Duncan Miriri LUANDA, Jan 13 (Reuters) - Angola has extended a one-year...Reuters
Tue, Jan 13
