The one question Rosenberg Research said it was constantly receiving from Canadian clients, as the Bank of Canada reignited its easing cycle, was whether this would trigger renewed inflation and speculative behavior in the housing market. To date, no such thing has happened, stated Rosenberg Research.
The tough job market for youth has been a running theme in the Canadian economy in recent years, said Bank of Montreal. Since immigration inflows bounced back after the COVID-19 pandemic, the jobless rate for this cohort has been on an upward trajectory, noted the bank.
* Silver hits all-time high of $60.52/oz. * 10. * Traders see 87.4% chance of a December rate cut. * Data shows U.S. job openings increased marginally in October. By Anjana Anil and Anushree Mukherjee.
Ukraine got crucial signal of backing from creditors on Tuesday in its long-running push to swap $2.6 billion of growth-linked debt for a new, more predictable set of government bonds. Ukraine launched an offer on December 1 to replace its so-called GDP warrants for bonds with a rising interest rate, plus up to $180 million up front cash payment if the deal passes swiftly with widespread support.
* Job openings rise unexpectedly. * * Market anticipates "hawkish cut" with higher bar for future cuts. By Chuck Mikolajczak. U.S. Treasury yields were mostly higher on Tuesday, erasing earlier declines after data on the labor market and ahead of a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
An Italian investment bank is breaking with an almost unanimous Wall Street consensus ahead of Wednesday's Federal Reserve meeting, predicting policymakers will hold rates steady despite markets treating another cut as nearly guaranteed. Futures markets are pricing in a roughly 88% chance of a 25-basis-point cut at the Dec. 10 meeting, according to CME Fed Watch tool.
With the policy rate at the lower end of Bank of Canada's estimated neutral rate range, and still higher than its peak of 1.75% between the Global Financial Crisis and the COVID-19 pandemic, it is difficult to see how central bankers can have any confidence that the current 2.25% interest rate setting is low enough to heal the ailing economy, said Desjardins.
"Ultimately, this report is essential because member firm compliance protects investors and safeguards the integrity of our markets," FINRA's Greg Ruppert said.
* Focus on Fed meeting, with rate cut all but priced in. * Investor confidence brittle after earthquake strikes Japan. * Aussie dollar gains as RBA rules out easing. By Lucy Raitano and Gertrude Chavez-Dreyfuss.
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-?. Concurrently, AM Best has affirmed the Indonesia National Scale Rating of aaa.ID of PT Asuransi Tugu Pratama Indonesia Tbk with a stable outlook.
Greystone, a leading national commercial real estate finance company, announced that it has assisted Cross River Bank in completing a $288 million non-agency CMBS securitization, backed by 59 loans secured by 67 properties across four states, and rated by Moody?s and Morningstar DBRS.
White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve's next chair, told the WSJ CEO Council on Tuesday there is "plenty of room" to cut interest rates further, though he added that if inflation rises the calculation may change.
Kenya's central bank Tuesday said its Monetary Policy Committee decided to lower the Central Bank Rate by 25bps to 9.00% on lower inflation expectations.
Canada's main stock index advanced on Tuesday, with gold stocks leading gains, as investors awaited the highly anticipated central bank decisions from the U.S. Federal Reserve and the Bank of Canada. Toronto's S&P/TSX Composite Index gained 0.5% at 31,330.26 points by 10:00 a.m. ET.
* Indexes: Dow up 0.30%, S&P 500 up 0.12%, Nasdaq off 0.14% * U.S. to allow Nvidia H200 chip shipments to China. * Warner Bros fight heats up with $108 bln hostile bid from Paramount. By Johann M Cherian and Pranav Kashyap.
* Traders see 89.4% chance of a December rate cut. * FOMC policy meeting on December 9-10. * Job openings report due at 10 am ET. By Sarah Qureshi. Gold rose on Tuesday as traders remained optimistic ahead of the U.S. Federal Reserve's interest rate decision on Wednesday, while also awaiting the U.S. job openings report for further clues on labor market strength.
Friday's session produced a significant selloff in Government of Canada rates -- the largest single-day two-year yield increase since October 2024 -- catalyzed by yet another stronger-than-expected Labour Force Survey report, said National Bank of Canada.
NEW YORK, Dec. 9, 2025 The Conference Board Leading Economic Index? for the US declined by 0.3% in September 2025 to 98.3, after also declining by 0.3% in August. "The US LEI fell again in September, marking a second consecutive decline," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.
Image: Bitcoin Munari Bitcoin Munari will close its Round 4 presale tonight at a fixed price of $0.50, marking a scheduled transition to the project?s next pricing stage amid continued caution across the broader crypto market. This movement unfolded against a macro environment characterized by reduced expectations of a December rate cut ahead of the US Federal Reserve?s December 11 meeting.
Antero Midstream (AM) said Tuesday it plans to sell $500 million of senior unsecured notes due 2034 in a private placement to eligible investors. The company said it plans to use the proceeds, together with borrowings under Antero Midstream Partners LP's revolving credit facility and cash from the sale of its Utica Shale midstream assets, to fund the purchase of HG Energy II Midstream Holdings.
Canada's main stock index was subdued on Tuesday, with investor risk appetite on pause ahead of highly anticipated central bank decisions from the U.S. Federal Reserve and the Bank of Canada. At 9:30 a.m. ET, Toronto's S&P/TSX composite index was flat at 31,171.17 points.
Morgan Stanley said it expects the Brazilian central bank to keep rates unchanged at 15.00% on Wednesday. BCB's policymakers will keep a hawkish tone, in the bank's view, reinforcing the need for caution to assess cumulative impacts of the hiking cycle. MT Newswires does not provide investment advice.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Provident Insurance Corporation Limited. The ratings reflect PICL?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
* Futures off: Dow 0.06%, S&P 500 0.07%, Nasdaq 0.16% * U.S. to allow Nvidia H200 chip shipments to China. * Warner Bros fight heats up with $108 bln hostile bid from Paramount. By Johann M Cherian and Pranav Kashyap.
US equity futures were flat ahead of Tuesday's opening bell as the Federal Reserve kicked off its policy-setting meeting. Dow Jones Industrial Average futures were flat, S&P 500 futures were little changed, and Nasdaq futures were down 0.1%. The Federal Open Market Committee begins its two-day meeting Tuesday, concluding with a monetary policy statement at 2 pm ET Wednesday.
The Federal Reserve is widely expected to trim interest rates on Wednesday, but if Chair Jerome Powell wants to give markets an added holiday surprise, here's one option: about $45 billion of monthly short-term bill purchases. That's the out-of-consensus call from Bank of America's rates strategists. Bank reserves peaked at $4.27 trillion in 2021, and have recently fallen as low as $2.83 trillion.
Financial pundits seem convinced that the new Federal Reserve chair will be an uber-dovish Donald Trump loyalist intent on slashing interest rates regardless of the economic fundamentals. ??? Jerome Powell, whose eight-year term as Fed chair ends in May, is widely expected to be replaced by the President's top economic adviser Kevin Hassett. ??? Hassett is undoubtedly a Trump loyalist.
The Bank of Canada will hold its final policy decision of the year on Wednesday, with the statement out at 9:45 a.m. ET, said TD. Before November's employment report, it was already expected that interest rates would stay unchanged, and last Friday's Labour Force Survey confirms this view, noted the bank. More important is how the Governing Council guides the outlook, stated TD.
* Dollar unchanged against range of currencies ahead of Fed meeting. * Investor confidence brittle after earthquake strikes Japan. * U.S. Treasury bonds stabilise after three-day selloff. * Yen firmer after five-year JGB auction attracts bids. By Gregor Stuart Hunter and Lucy Raitano.
* U.S. futures and European stocks hold steady. * Nvidia (NVDA) decision hurts Chinese tech names. * Investors cautious ahead of central bank meetings. * Fed rate cut all but certain, focus moves to rates outlook. * Yen steady after Japan earthquake. By Alun John and Ankur Banerjee.
Morgan Stanley (MS), Standard Chartered (SCBFF) and Nomura became the latest brokerages to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in the labor market ramped up hopes of lower borrowing costs.
ROSELAND, N.J., Dec. 9, 2025 For the four weeks ending November 22, 2025, U.S. private employers added an average of 4,750 jobs per week, according to the?NER Pulse, a weekly update of the monthly ADP National Employment Report?.?. Three times a month, ADP Research publishes preliminary estimates of the week-over-week change in U.S. employment based on a four-week moving average.
Reflecting the recent improvement in its labor market, Canada's unemployment rate -- comparable with the United States rate methodology and seasonally adjusted -- fell to a more than one-year low of 5.5% in November after hitting 6.1% in August, said Bank of Montreal.
* Futures up: Dow 0.09%, S&P 500 0.08%, Nasdaq 0.03% * US to allow Nvidia H200 chip shipments to China. * Warner Bros fight heats up with $108 bln hostile bid from Paramount. By Johann M Cherian and Pranav Kashyap.
Payscale, the leading provider of compensation intelligence solutions, today released its 2025 End of Year Top Jobs Report, uncovering key trends shaping the labor market as we enter 2026. Development Operations Engineers are seeing the fastest overall wage growth at 12% year-over-year with a median salary of $131,000.
Sterling was steady against the dollar on Tuesday as traders readied for an interest rate cut from the U.S. Federal Reserve and October GDP data for a steer on the UK economy.
DENVER, Dec. 9, 2025 Antero Midstream Corporation? announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2034 in a private placement to eligible purchasers.
US equity futures were trending higher on Tuesday as President Donald Trump said he will allow Nvidia (NVDA) to sell its H200 artificial intelligence chips to China, while traders await a decision on interest rates from the Federal Reserve. The S&P 500, the Dow Jones Industrial Average and the Nasdaq edged up 0.1% each in premarket activity.
Mexico's annual inflation rate accelerated in November, landing slightly above market expectations, official data showed on Tuesday, and the central bank's deputy governor flagged possible new inflation risks for the coming year. Consumer prices rose 3.80% in the year through November, according to national statistics agency INEGI, up from 3.57% the previous month.
A hold by the Bank of Canada at Wednesday's policy meeting should be relatively uncontroversial, said RBC. After October's rate cut, policymakers signaled that "the current policy rate is about the right level" to deliver low, steady inflation while supporting growth through uncertainty.
BMI Research has struck an optimistic but cautious outlook for the metals market in 2026. As clarified in the note "Mining and Metals Key Themes For 2026: Global Economic Stability to Drive Gains," BMI forecasts that "the global economy [will] stabilize with easing trade frictions," helping to underpin commodity consumption. A key factor, as BMI sees it, is diminishing tariff uncertainty.
* Prices likely to hover in near-term tight range, analysts say. * Russia-Ukraine peace talks still in progress. * Investors price in high possibility of Fed rate cut on Wednesday. By Nicole Jao.
Community First? Housing Counseling Resource Program partners with WHEDA to enhance statewide housing counseling availability The Federal Home Loan Bank of Chicago has awarded $2.5 million to the Wisconsin Housing and Economic Development Authority for 2025 through its Community First? Housing Counseling Resource Program. This press release features multimedia.
U.S. President Donald Trump said support for immediately cutting interest rates would be a requirement for anyone he chose to lead the Federal Reserve, according to a Politico interview published on Tuesday. Asked if it was a litmus test that the new central bank chair immediately lower interest rates, Trump told the news outlet "yes".
U.S. President Donald Trump said support for immediately cutting interest rates would be a requirement for anyone he chose to lead the Federal Reserve, according to a Politico interview published on Tuesday. Asked if it was a litmus test that the new central bank chair immediately lower interest rates, Trump told the news outlet "yes".
After reaching a record wide earlier this year, the gap between U.S. 10-year Treasury yields and like-dated Government of Canada bonds has narrowed sharply in recent weeks, Bank of Montreal said. At one stage in early February, at the height of the U.S.-Canada tariff uncertainty, the spread gapped out to 158 bps, with U.S. yields trading above Canada, the bank noted.
CoreWeave, Inc. (CRWV) announced today the pricing of its private offering of $2.25 billion aggregate principal amount of its 1.75% convertible senior notes due 2031.
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.
Log In Required
Publication Date