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Morning Bid: Trump trades shine, China data darkens
A look at the day ahead in U.S. and global markets by Harry Robertson From U.S. small-cap stocks to bitcoin to the dollar, some investors are seeking out assets that can prosper under a second Donald
Reuters
Fri, Oct 18
Cricket-Bangladesh's Murad replaces Shakib in final test
(Reuters) -Bangladesh left-arm spinner Hasan Murad has replaced all-rounder Shakib Al Hasan for their first test against South Africa next week, the Bangladesh Cricket Board (BCB) said on Friday.
Reuters
Fri, Oct 18
Bank of Canada most likely to cut rates by 50 bps next week
By Promit Mukherjee OTTAWA (Reuters) - The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row and what would be the first
Reuters
Fri, Oct 18
In West Bank, Pepsi and Coke bottlers face can and sugar shortage
By Jessica DiNapoli NEW YORK (Reuters) -PepsiCo and Coke bottlers in the West Bank are running out of cans and sugar, blocked by the prolonged closure of a Jordan border crossing, managers of two
Reuters
Fri, Oct 18
Philippine political rift widens as VP Duterte accuses Marcos of incompetence
By Mikhail Flores MANILA (Reuters) - Philippine vice-president Sara Duterte accused President Ferdinand Marcos Jr of incompetence and a lack of leadership in a scathing attack on Friday that showed
Reuters
Fri, Oct 18
Huntington Bancshares beats profit estimates on capital markets strength
By Niket Nishant and Nupur Anand (Reuters) - Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger
Reuters
Fri, Oct 18
Foreign outflows from Indian stocks on track for record monthly high as China takes spotlight
By Hritam Mukherjee and Shubham Batra (Reuters) - Foreign investors are on track to sell a record amount in Indian equities in October in absolute terms, as fund managers diverted their focus from
Reuters
Fri, Oct 18
Obamas set to hit campaign trail with Kamala Harris for first time
By Jarrett Renshaw (Reuters) - Democrat Kamala Harris will campaign for the first time with Barack and Michelle Obama in separate events next week, hoping to inject some political star power in the
Reuters
Fri, Oct 18
Analysis-After Sinwar death, Biden faces big obstacles to Gaza peace
By Matt Spetalnick and Jonathan Landay WASHINGTON (Reuters) - Joe Biden is expected to use Israel’s killing of Hamas leader Yahya Sinwar to pressure Prime Minister Benjamin Netanyahu to wind down the
Reuters
Fri, Oct 18
Hong Kong's July-September unemployment rate holds steady at 3%
HONG KONG (Reuters) - Hong Kong's seasonally adjusted unemployment rate stood at 3% in July-September, unchanged from the previous three-month period, the government said on Friday. The unemployment
Reuters
Fri, Oct 18
Australia says it provided support for US airstrikes on Yemen
By Kirsty Needham SYDNEY (Reuters) - U.S. bomber aircraft conducting strikes on underground bunkers in Yemen this week flew through Australian air space in a demonstration of military interoperability
Reuters
Fri, Oct 18
ECB to keep options open in face of undershooting risk, Villeroy says
PARIS (Reuters) - The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of undershooting its inflation target is now as big as of overshooting it,
Reuters
Fri, Oct 18
BP weighs sale of minority stake in offshore wind business, sources say
By Andres Gonzalez and Ron Bousso LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort
Reuters
Fri, Oct 18
AB Volvo profit misses forecast and expects flat truck sales next year
By Marie Mannes STOCKHOLM (Reuters) -Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday, after reduced
Reuters
Fri, Oct 18
Cricket-Captain Shan hails 'special' win as Pakistan snap winless home run
MULTAN, Pakistan (Reuters) - Pakistan captain Shan Masood termed their series-levelling victory in the second test against England "special" as the hosts snapped their nearly four-year winless run on
Reuters
Fri, Oct 18
Analysis-Investors buy, then bide time on China
By Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick SINGAPORE/LONDON (Reuters) - Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there
Reuters
Fri, Oct 18
Analysis-Investors buy, then bide time on China
By Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick SINGAPORE/LONDON (Reuters) - Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there
Reuters
Fri, Oct 18
Japan's biggest union group targets 5% wage hikes next year
By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) -Japan's largest labour union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year's hefty increase,
Reuters
Fri, Oct 18
UK consumers defy their budget worries to shop more
By Suban Abdulla LONDON (Reuters) -British retail sales unexpectedly rose in September, according to official data published on Friday that contradicted signs that consumers were downbeat about
Reuters
Fri, Oct 18
China's President Xi to attend BRICS summit in Russia
BEIJING (Reuters) - Chinese President Xi Jinping will attend the 16th BRICS summit in Kazan, Russia, from Oct. 22 to 24, the Chinese foreign ministry said on Friday. During his visit, Xi will attend
Reuters
Fri, Oct 18
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