HSBC expects S&P 500 index to hit 6,700 by end-2025
(Reuters) – Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of 2025, on the back of robust corporate earnings growth and…
Investing
5507 posts
MS on jobs report: We continue to expect 25bp in Fed fund rate cuts in December
Investing.com — November saw a strong recovery in payrolls, with a 227,000 gain surpassing consensus expectations of 220,000, and net upward revisions of 56,000 for prior months. In a note to…
Factbox-Brokerages retain expectations of 25-bps rate cut from US Fed in December
(Reuters) – Brokerages including Morgan Stanley (NYSE:MS) are reiterating their expectation of a 25-basis-point interest rate cut by the U.S. Federal Reserve in December, following the nonfarm payrolls data. Data…
Instant view: US Nov payrolls show job growth accelerated after October hiccup
(Reuters) – U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but probably does not signal a material shift in labor market conditions that continue…
Ubisoft shareholders in talks over possible buyout terms, sources say
By Amy-Jo Crowley and Julie Zhu LONDON/HONG KONG (Reuters) -Shareholders of Ubisoft Entertainment SA (LON:0NVL) are considering how to structure a possible buyout of the Assassin’s Creed video game maker…
EU, Mercosur leaders react to free trade deal
(Reuters) – The European Union and South America’s Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday, though it faces a lengthy battle for approval in…
Canada sees employment gains with a rise in unemployment rate
In November, Canada’s job market experienced an uptick with the addition of 51,000 jobs, marking a 0.2% increase from the previous month. This boost was primarily in full-time positions, which…
Canada’s jobless rate jumps to 6.8%; bets up for 50 bps rate cut next week
OTTAWA (Reuters) -Canada’s unemployment rate rose more than expected to 6.8% in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data…
Rouble rebounds past 100 vs US dollar after Putin’s gas payments decree
By Gleb Bryanski and Elena Fabrichnaya MOSCOW (Reuters) – The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir…
Brazil central bank to step up rate hike campaign on Dec. 11- Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Brazilian central bank will step up its campaign to raise interest rates with a big 75 basis point hike on Dec. 11,…