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Bloomberg· 2025-11-27 03:18
China’s industrial enterprises saw their earnings drop for the first time in three months, adding to evidence that the world’s second-largest economy is losing steam https://t.co/L0qLFn5l3l ...
X @Bloomberg
Bloomberg· 2025-11-27 02:58
Australia’s central bank may need to raise interest rates as early as the first half of 2026 if economic growth quickens and the labor market tightens, according to Sally Auld, chief economist at National Australia Bank https://t.co/R7qNiUudOU ...
X @Bloomberg
Bloomberg· 2025-11-26 23:08
Ivory Coast’s economic growth is poised to accelerate in the next five years as the country sees an increase in oil and gas activity, Planning and Development Minister Kaba Niale said https://t.co/4eEtQpnqVl ...
Years of stagnation await Britain as Labour gives up on growth
Yahoo Finance· 2025-11-26 20:48
The OBR upgraded its growth forecasts for 2025 to 1.5pc, following a stronger expansion at the start of the year. However, it downgraded its projections for the rest of the decade to 1.4pc in 2026, down from 1.9pc, and 1.5pc each year to 2030.While Reeves insisted she will continue to “defy” what she believes are pessimistic forecasts by the Budget watchdog, the outlook remains disappointing.On this broader measure, the average household will be £850 poorer in 2029-30 than in 2024-25.The Joseph Rowntree Fou ...
Dollar Slips on Stock Strength and Fed Rate Cut Expectations
Yahoo Finance· 2025-11-26 20:32
The dollar index (DXY00) on Wednesday gave up an early advance and finished down by -0.08%.  The dollar fell slightly on Wednesday after the Nov MNI Chicago PMI posted a 17-month low. Also, strength in stocks on Wednesday has curbed liquidity demand for the dollar.  The dollar initially moved higher on Wednesday on better-than-expected US economic news, with weekly jobless claims unexpectedly falling to a 7-month low and Sep capital goods new orders rising more than expected. The dollar is also under pres ...
UK's Reeves Says New Budget Includes 'Fair and Necessary' Choices
Bloomberg Television· 2025-11-26 17:35
So finally, Chancellor, you've effectively just broken your promise made after the last budget not to raise taxes again. Will you now rule out more tax rises, whether directly or by stealth, this Parliament. So last year I had to close the black hole in the public finances left by the Conservatives. And in the budget last year I lived within the forecast set by the bill.They have now changed their forecasts around productivity and they are very clear that's nothing to do with the policy of this government. ...
X @Bloomberg
Bloomberg· 2025-11-26 16:51
There are enough soft patches in the economy to cause investor angst and market volatility. But @edwardnh argues holiday spending points to overall growth that's still strong and that will keep the bull market going. https://t.co/KzauAx8UjJ ...
X @Bloomberg
Bloomberg· 2025-11-26 15:26
Ukraine’s government and holders of the nation’s GDP warrants — debt instruments with payouts linked to economic growth — have resumed negotiations to potentially restructure the securities, according to people familiar with the matter https://t.co/0f6VZ1B4VF ...
US core capital goods orders and shipments soar in September
Reuters· 2025-11-26 13:52
New orders for key U.S.-manufactured capital goods surged in September and shipments of these goods increased solidly, cementing economists' expectations that economic growth accelerated in the third quarter. ...
ECB's Guindos on Financial Stability Report
Yahoo Finance· 2025-11-26 12:08
Core Viewpoint - The European Central Bank (ECB) highlights "elevated" risks to financial stability in the euro area, driven by stretched asset valuations and fiscal challenges in certain countries [1] Group 1: Financial Resilience - ECB Vice President Luis de Guindos emphasizes the importance of financial resilience amid current economic conditions [1] - The ECB's bi-annual Financial Stability Review indicates potential sharp adjustments in asset valuations, which could impact investor confidence [1] Group 2: Fiscal Concerns - Fiscal challenges in France and other EU nations are identified as significant factors that may test investor confidence [1] - The ECB's assessment suggests that these fiscal issues could have broader implications for the stability of the euro area [1] Group 3: Economic Outlook - The ECB provides an outlook for euro-area economic growth, indicating that current conditions may pose risks to this growth trajectory [1] - The discussion reflects concerns about the overall economic environment in the euro area and its potential impact on financial markets [1]