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Mexico's annual inflation slows more than expected in early December
By Aida Pelaez-Fernandez MEXICO CITY, Dec 23 (Reuters) - Mexico's annual inflation slowed more than expected in the first half of December, official data showed on Tuesday, but an uptick is expected in January.Consumer price rises eased to 3.72% from 3.99% in the second half of November and l...Reuters
7 minutes ago
US consumer confidence deteriorates in December
WASHINGTON, Dec 23 (Reuters) - U.S. consumer confidence deteriorated in December amid deepening anxiety over jobs and income, consistent with economists' expectations for a sharp moderation in consumer spending after it surged in the third quarter. The Conference Board said on Tuesday its ...Reuters
38 minutes ago
US Trade Representative: Will levy tariffs on semiconductors from China
Citing a filing from the US Trade Representative's office, Reuters reported on Tuesday that the US will set new tariffs on semiconductors from China. According to the document, the initial tariff level of 0% will increase in 18 months to a rate to be announced later.Fxstreet
39 minutes ago
TREASURIES-US yields rise after higher-than-expected Q3 GDP readout
By Matt TracyDec 23 (Reuters) - U.S. Treasury yields ticked higher on Tuesday after new data showed the U.S. economy grew more than forecast in the third quarter.The yield on 10-year Treasury notes US10YT=RR was up 2.71 basis points (bps) at 4.198%. The yield on the 30-year Treasury bond US30YT=...Reuters
an hour ago
US manufacturing production unchanged in November
WASHINGTON, Dec 23 (Reuters) - U.S. factory production was unchanged in November after declining in October as motor vehicle output fell following the expiration of tax credits for electrical vehicles.The flat reading in manufacturing output last month followed a 0.4% drop in October, the Federal Re...Reuters
an hour ago
Canadian economy posts big October drop, partial recovery seen in November
By David Ljunggren OTTAWA, Dec 23 (Reuters) - Canada's economy shrank by a greater-than-expected 0.3% in October, the largest drop in almost three years, but is expected to stage a partial recovery in November, official data showed on Tuesday.Analysts had forecast growth would dip by 0.2% fro...Reuters
an hour ago
US core capital goods orders, shipments increase in October
WASHINGTON, Dec 23 (Reuters) - New orders for key U.S.-manufactured capital goods increased in October and shipments of these goods rose solidly, suggesting business spending on equipment remained strong at the start of the fourth quarter.Non-defense capital goods orders excluding aircraft, a closel...Reuters
2 hours ago
Bank of Spain upgrades growth outlook but many Spaniards feel stretched
Spain is outpaced the rest of the euro zoneEconomy supported by tourism, European recovery fundsImmigration has also boosted consumption and supplied labourBy Jesus CaleroMADRID, Dec 23 (Reuters) - Spain's central bank raised its outlook on Tuesday for economic growth next year, reinforcing the ...Reuters
2 hours ago
US Durable Goods Orders decline 2.2% in October vs -1.5% expected
Durable Goods in the US decreased $6.8 billion, or 2.2%, to $307.4 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.7% increase recorded in September and came in worse than the market expectation for a decrease of 1.5%.Fxstreet
2 hours ago
WRAPUP 2-US economic growth accelerates in third quarter
By Lucia Mutikani WASHINGTON, Dec 23 (Reuters) - The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending, but momentum appears to have faded amid the rising cost of living and recent government shutdown.Gross domestic product increased at a 4.3% ann...Reuters
2 hours ago
