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Economy

Economy

JPMorgan upgrades Mexican equities on U.S. growth, downgrades Brazil

(Reuters) – JPMorgan upgraded Mexican equities to “overweight” from “neutral” on the back of strong U.S. growth, but cut Brazilian equities citing…
Economy

Trump’s budget plans push US government lawyers to private sector

By David Thomas (Reuters) – Rank-and-file attorneys in the federal government fear major budget cuts when President-elect Donald Trump assumes office and…
Economy

Fed will deliver another 25bp cut in December, Barclays says

Investing.com — Barclays anticipates that the Federal Reserve will implement another 25 basis point rate cut in December, according to insights from the…
Economy

Russian rouble down by one quarter since early August

By Gleb Bryanski MOSCOW (Reuters) – The Russian rouble weakened further against the U.S. dollar and China’s yuan on Wednesday and is…
Economy

Analysis-Adani’s ‘renewable energy marvel’ trapped in U.S. bribery indictment

By Dhwani Pandya, Sethuraman N R and Aditya Kalra NEW DELHI (Reuters) – Betting big on the clean energy goals of Indian…
Economy

Fed minutes may show start of debate over how far to go on rate cuts

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors…
Economy

What Scott Bessent’s Treasury nomination could mean for the economy, tariffs

Investing.com — President-elect Donald Trump announced on Friday that he will nominate Scott Bessent, a prominent investor, as the next US Treasury…
Economy

ECB’s Villeroy: Trump policies impact on euro inflation to be limited

PARIS (Reuters) – The new Trump administration’s economic policies in the U.S. may have a “relatively limited” effect on European inflation but…
Economy

Russian rouble at 32-month low, a boon for exporters, minister says

MOSCOW (Reuters) – The Russian rouble continued to slide, dropping to its lowest since March 2022 against both the dollar and the…
Economy

US 10-year yields drop to 2-week low as bonds rally on Bessent pick

By Stefano Rebaudo and Tom Westbrook (Reuters) – U.S. Treasuries rallied on Monday as investors cheered the selection of Scott Bessent as…
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