Tanzania's central bank Thursday said its Monetary Policy Committee decided to maintain the Central Bank Rate at 5.75% for Q1 2026. The decision was taken considering that inflation is projected to remain within the target range of 3% to 5%, wrote the central bank in its policy statement.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb+? and the Mexico National Scale Rating of ?aa+.MX? of Insignia Life S.A. de C.V.. The outlook of these Credit Ratings is stable.
Mexico's central bank governors all agreed that greater gradualism and caution should guide future interest rate decisions, citing trade uncertainty and new taxes going into 2026, minutes from the bank's December monetary policy ?meeting showed on Thursday.
* US weekly jobless claims rise marginally. * Data and concerns over Greenland weigh on euro. * Dollar index hits near one-month high. * Japan-China tensions under the spotlight. By Chibuike Oguh.
* Weekly jobless claims increase 8,000 to 208,000. * Continuing claims jump by 56,000 to 1.914 million. * Third-quarter worker productivity rises at fastest pace in two years. By Lucia Mutikani.
Consumer expectations for one-year US inflation growth accelerated to a 3.4% gain in December from a 3.2% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Thursday. The median inflation expectations remained at a 3.0% gain for both the three-year period and for five years ahead.
Americans grew more worried about the job market in December even as anxieties over personal finances faded, while near-term inflation expectations increased, a report from the New York Federal Reserve showed on Wednesday. Respondents in the regional Fed bank's latest Survey of Consumer Expectations said the prospect of finding a job if unemployed was the worst since the report began in ?2013.
* New York Fed report finds rise in near-term expected inflation. * US consumers more concerned about job market, report says. * It finds less worry about current, future personal finances. By Michael S. Derby.
The change in the Canadian trade balance in October could largely be explained by fluctuations in the metal and non-metallic mineral products sector, specifically the unwrought gold, silver and platinum group metals sub-sector, said National Bank of Canada.
The change in the Canadian trade balance in October could largely be explained by fluctuations in the metal and non-metallic mineral products sector, specifically the unwrought gold, silver and platinum group metals sub-sector, said National Bank of Canada.
Canada's trade balance moved back into deficit in October, although the $600 million shortfall wasn't as bad as the $1.5 billion deficit expected by the consensus, said CIBC. That reflected a 3.4% month-over-month rebound in imports and a 2.1% month-over-month rise in exports, noted the bank after Thursday's data release.
* Indexes: Dow up 0.1%, S&P 500 down 0.1%, Nasdaq down 0.6% * Defense stocks surge as Trump proposes $1.5 trln 2027 budget. * Ford rises after Piper Sandler upgrades rating, raises PT. * Weekly jobless claims rise less than expected. By Purvi Agarwal and Nikhil Sharma.
Mexico's central bank governors all agreed that greater ?gradualism and caution ?should guide future interest ?rate decisions, ?minutes ?from the bank's December monetary ?policy ?meeting showed on Thursday.
U.S. wholesale inventories increased again in October, suggesting inventories could add to gross domestic product in the fourth quarter ?after being a drag for two straight quarters. Stocks ?at wholesalers rose 0.2% after increasing 0.5% ?in September, the Commerce Department's ?Census Bureau ?said on Thursday. The report was delayed by the 43-day shutdown of the ?government.
Canada's merchandise trade balance deteriorated to a $600 million deficit in October from a $200 million surplus in September, said Bank of Montreal on Thursday. While small in size, this marks the eighth deficit in the first 10 months of 2025, noted the bank. Exports increased 2.1% month over month, even after a 6.7% jump in September.
Freddie Mac issued $68 billion of multifamily securities in 2025, transferring interest rate risk, liquidity risk and credit risk away from U.S. taxpayers to private investors.
* Bloomberg Commodity Index rebalancing starts this week. * US weekly jobless claims increase marginally. * US nonfarm payrolls data due on Friday. * HSBC sees gold at $5,000/oz in first half 2026. By Anmol Choubey.
Trade data for the month of October continues to show a modest recovery in Canadian export activity, with some caveats, TD Economics said Thursday, while noting the data has been subject to pronounced volatility in both imports and exports of unwrought gold, which has muddied the overall trend in trade.
The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend that if sustained could see trade again adding to economic growth in the fourth quarter. The trade gap narrowed 39.0% ?to $29.4 billion, the lowest level since June 2009, the Commerce Department's Bureau of Economic Analysis and Census ?Bureau said on Thursday.
Gold prices weakened for a second day early on Thursday as the dollar rose after the United States reported its trade deficit narrowed to the lowest in 16 years in October. Gold for February delivery was last seen down US$29.50 to US$4.433.00 per ounce, remaining under the Dec. 26 record high of US$4,552.70, but still up 5.1% over the past month and 65% over the past 12 months.
Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for 150 basis points of interest-rate cuts this year to boost the U.S. labor market.
Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for 150 basis points of interest-rate cuts this year to boost ?the U.S. labor market.
Lebanon's central bank will seek the repayment of public funds embezzled by at least one former central bank official and by lawyers and commercial bankers, to help guarantee its liquidity, Central Bank Governor Karim Souaid said on Thursday.
Companies found it harder to do business in 2025 due to a deterioration in global cooperation on issues including trade, climate, technology and security, a survey published by the World Economic Forum showed on Thursday.
By Jamie McGeever. The clearest snapshot of the U.S. labor market will be released on Friday, but December's employment report likely won't provide enough clarity to bridge the deep divisions among Federal Reserve officials over the future path for interest rates. Sure, there is broad-based agreement that the labor ?market is weak.
Canada's trade balance moved back into deficit in October, although the $600 million shortfall was not as bad as the $1.5 billion deficit expected by the consensus, said CIBC after Thursday's release of the international merchandise trade data.
US initial jobless claims rose to a level of 208,000 in the week ended Jan. 3 from a upwardly revised 200,000 level in the previous week, compared with expectations for a increase to 212,000 in survey of analysts compiled by Bloomberg. The four-week moving average decreased by 7,250 to 211,750 after increasing by 2,000 to a level of 219,000 in the previous week.
Canada's merchandise trade balance with the world went from a small surplus of $243 million in September to a deficit of $583 million in October as imports increased 3.4% month over month, while exports were up 2.1%, said the country's statistical agency on Thursday. October's deficit was smaller than the $1.40 billion consensus deficit figure provided by MUFG.
The US international trade deficit narrowed to $29.4 billion in October from a $48.1 billion gap in September, compared with a $58.7 billion gap expected in a survey compiled by Bloomberg. Exports rose in the month, while imports declined, resulting in the significant narrowing in the deficit.
The number of Americans filing new applications for unemployment benefits rose moderately last week amid a relatively low number?of layoffs, though demand for labor remained sluggish, with businesses squeezing more output from their existing workforce.
The number of Americans filing new applications for unemployment benefits rose moderately last week, suggesting that layoffs were relatively low at the end of 2025, though demand for labor remained sluggish. Claims have been choppy in recent weeks amid challenges adjusting the data for seasonal fluctuations around ?the year-end holiday season.
The U.S. unemployment rate was unchanged at 4.6% in December, the Chicago Federal Reserve estimated on Thursday, a figure that suggests the labor market remained stuck in a low-hire, low-fire mode and may add ?to the case for more Fed interest rate cuts ahead.
Canada recorded a smaller-than-expected trade deficit in October and the share of exports to the United States fell to its lowest ever non-pandemic level, official data indicated on Thursday. Statistics Canada recorded a deficit ?of C$583 million as imports increased at a greater pace than exports. Analysts had expected a C$1.36 ?billion deficit.
Brazil's annual inflation rate likely slowed further in December, a Reuters poll showed, falling further below the upper limit of the central bank's target range for a second month in a row. Banco Central do Brasil's goal for the IPCA consumer price index growth is 3%, with a tolerance margin of plus or ?minus 1.5 percentage points.
The Nashville Metropolitan Airport Authority is issuing municipal bonds to finance upgrades to an airport bulging at the seams after rapid traffic growth.
The Economic Sentiment Indicator for the eurozone fell from 97.1 to 96.7 in December, said ING. Not a large move, but reflective of an economy showing modest growth without any meaningful signs of a pickup, wrote the bank in a note.
Industrial production in Brazil remained unchanged in ?November from October, government statistics agency ?IBGE said on Thursday, amid ?signs that high interest ?rates are ?slowing activity in Latin America's largest economy.
Futures tracking Canada's resources-heavy stock index were flat on Thursday, pressured by a decline in precious metal prices, while investors turned cautious ahead of a key jobs report later in the week. March ?futures on Toronto's S&P/TSX Composite index were up 0.03% as of 6:42 a.m. ?ET, after the benchmark pulled back from a record high ?on Wednesday due to cooling precious metal prices.
Toronto home sales were down 8.9% year over year in December, closing out a very subdued year, said Bank of Montreal. Those eagerly awaiting a rebound in volumes and prices on the back of the Bank of Canada rate cuts were sorely disappointed, stated BMO.
Tanger?, a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its operating partnership, Tanger Properties Limited Partnership, has priced and upsized the previously announced offering of $220 million aggregate principal amount of its 2.375% Exchangeable Senior Notes due 2031 in a private placement to persons reasonably believed to be qualified ...
* * Few exporters applied for RBI's loan moratorium. * Exporters face challenges with new orders and thinner margins. By Ashwin Manikandan and Shivangi Acharya. India's central bank is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said.
Commerzbank in its "European Sunrise" note of Thursday highlighted: Markets: United States Treasuries weaken in late New York session, recover in Asia. Fed: Federal Reserve Vice Chair for Supervision Michelle Bowman says the Fed is revisiting how it issues certain bank ratings.
NEW YORK, Jan. 8, 2026 ?Compass, Inc., today announced the pricing of its offering of $850.0 million in aggregate principal amount of convertible senior notes due 2031 in a private offering, which represents a $100.0 million increase from the previously announced size of the offering.
Societe Generale in its early Thursday economic news summary pointed out: -- Brent crude defends $60/barrel, US dollar mildly bid, 10-year United States Treasury yield reverses ISM gain, declines to 4.13% on lower oil. -- Greenland: European Union ambassadors meet on Thursday in the Political and Security Committee.
* Market positioning will prevent significant dollar drop, Natixis says. * Focus on Friday's jobs report to gauge Fed's 2026 rate path. * Supreme Court decision on Trump's tariffs could hurt the greenback. * Japan-China tensions in the spotlight. By Stefano Rebaudo and Ankur Banerjee.
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.