Canada's main stock index opened higher on Monday, with mining stocks leading the gains, as investors weighed growing odds of a U.S. Federal Reserve interest rate cut in December. At 9:30 a.m. ET, Toronto's S&P/TSX composite index was up 0.1% at 30,220.01 points.
* Delayed US retail sales report due on Tuesday. * Traders see 76% chance of US interest rate cut next month. By Pablo Sinha. Gold prices rose on Monday, supported by growing expectations of a Federal Reserve interest rate cut next month and a weaker dollar.
PITTSBURGH, Nov. 24, 2025 /PRNewswire/ -- The cost of celebrating Christmas is climbing again. The PNC CPI, launched in 1984, is a light-hearted take on the BLS CPI and measures the change in prices consumers could expect to pay for True Love's gifts.
The Bank of Israel lowered short-term interest rates by a quarter-point on Monday, its first reduction in nearly two years, as a ceasefire in Gaza led to easing inflation and reduced geopolitical risk.
If worries over excessive AI optimism persist, turning the recent market wobble into something more seismic, financial stability risks from plunging asset prices could force the Federal Reserve to cut interest rates. Until a few days ago, financial stability concerns typically supported calls for the Fed to pause its easing cycle, not continue it.
Figure Technology Solutions (FIGR), the technology platform powering an efficient, liquid, blockchain-based marketplace for financial products, today announced that Ondo Finance has made a $25 million strategic investment in Figure?s $YLDS stablecoin which is issued by Figure?s subsidiary Figure Certificate Company, as part of the backing of Ondo Short-Term US Treasuries Fund, Ondo?s flagship tokenize...
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood Scores, according to ICE Climate Data. A $5 million offering from Marion, Mass., records a Flood Score of 4.8 out of 5.0, ICE reports.
* Futures up: Dow 0.31%, S&P 500 0.67%, Nasdaq up 1% * Deutsche Bank sees S&P 500 rising to 8,000 by 2026 end. * Bristol Myers gains after rivals positive late-stage data. By Johann M Cherian and Pranav Kashyap.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.6% and the actively traded Invesco QQQ Trust was 0.8% higher in Monday's premarket activity, ahead of key economic data releases. US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures advancing 0.2%, and Nasdaq futures gaining 0.7% before the start of regular trading.
GXO Logistics (GXO) said Monday that its GXO Logistics Capital subsidiary issued 500 million euros in senior unsecured notes in Europe. The company said the notes carry an annual interest rate of 3.75%, payable once a year starting Nov. 24, 2026, and will mature on Nov. 24, 2030. Proceeds will be used to refinance upcoming maturities, GXO Chief Financial Officer Baris Oran said.
* Traders pricing in 60% chance of 25bp Fed cut next month. * Stocks rebound, dollar steady. * Eyes on sliding yen as markets alert to intervention risk. By Rae Wee and Amanda Cooper.
3 ATLANTA---- The Annual Meeting of the HOPE Global Forums, the world?s largest gathering dedicated to economic inclusion, financial literacy and the empowerment of underserved communities, returns to Atlanta December 1-3, 2025 at the Signia by Hilton in downtown.
* Yen intervention possible in holiday-thinned week. * UK budget, RBNZ in focus. * Moves in euro muted as traders ponder Ukraine peace plan. By Ozan Ergenay and Tom Westbrook. LONDON/SINGAPORE, Nov 24 - The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.
Mexico's annual inflation rate stood above expectations at 3.61% in the first half of November, official data showed on Monday, affected by sticky core inflation. Mexico's central bank board members expect the current weakness of Mexico's economy would reduce inflation, but underlying price pressures pushing core inflation have been a pressing worry.
GXO Logistics (GXO), Inc.?, the world?s largest pure-play contract logistics provider, today announced the completion of its inaugural European bond offering, with its wholly owned subsidiary GXO Logistics Capital B.V. issuing ?500m in senior unsecured notes.
* Futures: Dow up 0.05%, S&P 500 up 0.33%, Nasdaq up 0.56% * Deutsche Bank sees S&P 500 rising to 8,000 by 2026 end. * Bristol Myers gains after rivals positive late-stage data. By Johann M Cherian and Pranav Kashyap.
Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.
The benchmark US stock measures were trending higher before the opening bell Monday amid renewed hopes for a potential interest rate cut from the Federal Reserve next month, while traders await some key delayed economic reports later in the holiday-shortened week.
* Fed NY president says rates could fall soon. * ECB officials say the central bank needs to be vigilant. * US data might not clear the fig before Fed meeting, UBS economist says. * Moody's upgrade on Italy already priced in. By Amanda Cooper and Stefano Rebaudo.
U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 1% during the session as a wave of dovish comments from Federal Reserve officials flipped market expectations toward a rate cut next month. However, all three major indices recorded big losses last week, with the S&P 500 and Dow falling around 2% each. Wall Street analysts make new stock picks on a daily basis.
Canada will report September and Q3 gross domestic product data on Friday, said TD. The bank's expectation is that growth will register somewhere between 0.5% and 1.0% on a quarterly annualized basis. Given the swings in trade in Q2, this forms a vital input into the projection -- so its absence is adding uncertainty, noted TD.
European bourses were largely muted midday Monday, as traders weighed the odds of a US Federal Reserve rate cut in December, and mulled Russia-Ukraine peace talks. Investors also eyed Wall Street futures modestly flashing green, and unevenly higher closes overnight on Asian exchanges, as tech-sector shares firmed.
Futures linked to Canada's main stock index held steady on Monday as investors weighed growing odds of a U.S. Federal Reserve rate cut in December, while declining oil prices put pressure on the commodity-heavy market. December futures on the S&P/TSX index were flat at 1782.2 points as of 06:20 a.m. ET.
Commerzbank in its "European Sunrise" note of Monday highlighted: Markets: United States Treasuries trade in tight ranges in Asia as Japan is closed and e-minis are rangebound. Fed: Federal Reserve Bank of Boston President Susan Collins sees upside risks to inflation and no "urgency" for a December rate cut, but would take evidence of more weakness in employment seriously.
What matters in U.S. and global markets today. U.S. stocks look set to build on Friday's jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? I'll get into all the market-moving news below, but first we have exciting news!
What matters in U.S. and global markets today. U.S. stocks look set to build on Friday's jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? I'll get into all the market-moving news below, but first we have exciting news! For more from Mike Dolan, check out his column today on. Today's Market Minute.
Brazil central bank poll: * BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.45% IN 2025 VERSUS 4.46% IN PREVIOUS ESTIMATE - CENBANK POLL. * BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.18% IN 2026 VERSUS 4.20% IN PREVIOUS ESTIMATE - CENBANK POLL. * BRAZIL ECONOMISTS SEE YEAR-END 2025 INTEREST RATE SELIC AT 15.00% VERSUS 15.00% IN PREVIOUS ESTIMATE - CENBANK POLL.
Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.
* Futures: Dow off 0.02%, S&P 500 up 0.26%, Nasdaq up 0.47% U.S. stock index futures were mixed in choppy trading on Monday, as investors weighed the likelihood of an imminent interest rate cut by the Federal Reserve and scoured for data to get more clarity on the central bank's monetary policy trajectory.
Canada will publish September and Q3 gross domestic product data on Friday, said RBC. The bank expects the Canadian economy to grow an annualized 0.5% in Q3 -- a partial reversal of the 1.6% decline in Q2 when international trade disruptions plunged exports lower.
Wall Street futures pointed moderately higher pre-bell Monday, as traders weighed odds for a Federal Reserve rate in December, and assessed share values in the tech and AI sectors. Markets this week also brace for the delayed national retail sales and producer price index bulletins, both for September and both slatedfor Tuesday morning release in Washington.
A rush of bond sales by major tech firms to fund artificial intelligence expansion is creating a high-stakes bet for the $9 trillion U.S. corporate bond market, prompting caution from prominent investors like DoubleLine over the sector's growing debt load. Over the past two months, four major cloud and AI "hyperscalers" have sold nearly $90 billion in public bonds.
U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group's year-end forecast survey.
U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group's year-end forecast survey.
Born of crisis but torn by years of tensions among its members, the Group of 20 major economies scored a rare victory this weekend for multilateralism after overcoming the boycott and objections of its most powerful member, the United States.
Asian stock markets moved unevenly higher Monday, after US Federal Reserve board-member John Williams late Friday indicated his support for an interest-rate cut at the central bank's Dec. 9-10 policy-making session. Hong Kong and Taiwan gained, Shanghai was steady, and Tokyo was closed on holiday.
-UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from electrification and clean-energy investment, the bank said in a note on Friday.
The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the ?Extreme Fear? zone on Friday. U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 1% during the session as a wave of dovish comments from Federal Reserve officials flipped market expectations toward a rate cut next month.
* Yen intervention possible in holiday-thinned week. * UK budget, RBNZ in focus. * Moves in euro muted as traders ponder Ukraine peace plan. By Ozan Ergenay and Tom Westbrook. LONDON/SINGAPORE, Nov 24 - The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.
* Traders pricing in 60% chance of 25bp Fed cut next month. * Stocks rebound, dollar steady. * Eyes on sliding yen as markets alert to intervention risk. By Rae Wee and Amanda Cooper.
Stablecoins could draw valuable retail deposits away from euro zone banks and any run on a coin could have widespread stability implications for the global financial system, the European Central Bank warned on Monday.
* US dollar holds near six-month highs hit on Friday. * Delayed US retail sales report due on Tuesday. * Traders see 72% chance of US interest rate cut next month. By Noel John. Gold prices held steady on Monday as growing expectations of a Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar. Spot gold was steady at $4,065.31 per ounce, as of 0851 GMT.
JOHANNESBURG, ZA / ACCESS Newswire / November 24, 2025 / As the G20 convenes in Johannesburg, the African Energy Chamber calls for a fundamental reorientation of global energy policy - one that places African fossil fuels at the center of energy security, industrial growth and poverty alleviation. Africa holds enormous upstream potential.
German government bond yields dipped modestly in early trading on Monday, but still traded close to their smallest discount to Treasury yields in a month, after a top Federal Reserve official indicated a December rate cut might be on the cards, which gave U.S. debt prices a boost late last week.
* UK budget to test market confidence. * Black Friday, Alibaba (BABA) earnings to gauge consumer health. * A G20 summit without the U.S. Nov 24 - Global markets head into another packed week where political leaders, policymakers and consumers take centre stage against a backdrop of nervy markets - with tech stocks and the likes of bitcoin coming under fire.
Much has been made of whether Japan's market fright at yet more fiscal stimulus and political leaning on the central bank apes Britain's bond blowout from 2022, but there are warnings for the U.S. Treasury too.
* Traders pricing in 60% chance of 25bp Fed cut next month. * Stocks rebound, dollar steady. * Eyes on sliding yen as markets alert to intervention risk. By Rae Wee. Global stocks began an event-filled week on the front foot on Monday, as investors took heart from growing expectations of a Federal Reserve rate cut in December even as policymakers remain divided over such a move.
Global stocks advanced for a second straight session on Monday as rising expectations for a December rate cut from the U.S. Federal Reserve helped to soothe recent concerns about stretched valuations in the AI space while longer-dated U.S. Treasury yields dipped.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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