After a brief surplus in September, the trade balance came in at a deficit of $583 million in October, undercutting the consensus of a $1.5 billion deficit, said Rosenberg Research after Thursday's release of the data. The drop in the trade balance was largely driven by a sharp spike in imports, which rose by 7.2% from September.
* Supreme Court ruling on tariffs could generate volatility. * Jobs report in focus, with Fed seen on hold for now. * Dollar grinds higher, stocks in Europe rise. By Ankur Banerjee. Global stocks edged higher on Friday ahead of a crucial U.S. jobs report, while investors awaited a Supreme Court ruling on the legality of President Donald Trump's sweeping tariffs that jolted markets last year.
MidCap Financial today announced the signing of approximately $3.1 billion of senior unsecured notes and junior subordinated notes, with funding expected on January 15, 2026.
Gold?s stellar performance in 2025 has left its mark on the financial landscape. Investor demand surged through physically backed gold ETFs, with global inflows hitting a record $89 billion in 2025, according to GoldHub. North America accounted for the majority of inflows, but Europe and Asia also posted some of their strongest performances on record.
Brazil's annual inflation slowed more than the central bank and markets had anticipated, data from statistics agency IBGE showed on Friday, ending 2025 within the official target range at 4.26% and reinforcing expectations for monetary ?easing ahead.
The benchmark US stock measures were pointing higher before Friday's open as traders await the national employment situation report for December and a potential US Supreme Court ruling on President Donald Trump's tariffs. The S&P 500 edged up 0.1%, the Dow Jones Industrial Average was slightly in the green and the Nasdaq added 0.2% in premarket activity.
Portugal's finance ministry has submitted the country's former central bank chief Mario Centeno as a candidate to become the next vice-president ?of the European Central Bank, it said on Friday.
* Futures: Dow flat, S&P 500 up 0.09%, Nasdaq 0.22% * Nonfarm payrolls data due at 08:30 a.m. ET. * Supreme Court ruling on Trump tariffs awaited. * Intel (INTC) up after Trump says he had meeting with CEO. By Purvi Agarwal and Nikhil Sharma.
Canada will release the Labour Force Survey for December at the same time the United States releases its jobs data at 8:30 a.m. ET on Friday, ING said. The consensus for the LFS is a 2,000 drop for payrolls and an acceleration from 6.5% to 6.7% in the unemployment rate, noted the bank. In ING's view, market pricing for a rate hike in late 2026 looks premature.
Commerzbank in its "European Sunrise" note of Friday highlighted: Markets: United States Treasury yields rise in Asia after zigzagging into New York close. Fed: Treasury Secretary Scott Bessent says President Donald Trump may decide on the Federal Reserve's new chair right before or after Davos, argues most models suggest 2.5% to 3.25% for Fed Funds rate.
Canada's trade balance deteriorated mildly to a small deficit of $600 million in October following a small surplus in the previous month, said Bank of Montreal. Surprisingly, the deterioration wasn't worse, noted the bank after the release on Thursday of international merchandise trade data. They would have, if not for the "pesky category" of precious metals, stated BMO.
* Futures: Dow flat, S&P 500 up 0.08%, Nasdaq 0.16% U.S. stock index futures were muted on Friday, as investors refrained from placing big bets ahead of a crucial nonfarm payrolls report and a Supreme Court ruling on President Donald Trump's tariffs.
* Banks kick off Q4 results, JPMorgan (JPM) on Tuesday. * CPI data for December could be key for Fed view. * Stocks off to solid 2026 start despite geopolitical tensions. By Lewis Krauskopf. U.S. stocks have kicked off 2026 on a strong note, but could face turbulence in the coming days with the start of corporate earnings season, fresh inflation data and rising geopolitical uncertainty.
* Supreme Court ruling on tariffs could generate volatility. * Jobs report in focus, with Fed seen on hold for now. * Dollar grinds higher, stocks in Europe rise. By Ankur Banerjee.
Greek industrial output rose by 2.6% year-on-year in November, after a ?6.4% increase in October, ?data from statistics service ELSTAT ?showed on Friday. A ?breakdown ?of index components showed ?manufacturing production rose ?7.0% from the same month in 2024.
Singapore's central bank on Friday launched a public consultation on proposed changes to securities laws aimed at facilitating dual listings on ?the Singapore Exchange and Nasdaq.
India's central bank has raised objections to Bain Capital's plan to acquire a controlling stake in Manappuram Finance as the U.S. firm has a controlling interest in another Indian lender, three people with direct knowledge of the matter said.
* Trade surplus narrows to 13.1 bln euros from 17.2 bln euros. * Exports to EU and US decline, imports from China rise. * Industrial production rises, defying expectations of decline. By Maria Martinez.
German industrial production unexpectedly rose ?in ?November by ?0.8% compared ?with ?the ?previous month, ?the federal statistics ?office ?said ?on Friday. Analysts polled by Reuters ?had predicted a 0.4% ?fall. The ?office offers more ?detailed data on its website.
The following are the top stories on the New York Times business pages. - U.S. President Donald Trump ?said he had ordered ?Fannie Mae and ?Freddie Mac to buy up to $200 billion ?in mortgage-backed bonds, ?a move aimed at easing home purchases.
The Swiss National Bank made a profit of around 26 billion Swiss ?francs in 2025, the central ?bank said on Friday, ?thanks to big increases in ?gold ?prices as investors headed for safe-havens ?assets last year.
* Supreme Court ruling on tariffs could spur volatility. * Jobs report in focus with Fed seen on hold for now. * Dollar grinds higher, stocks wobble as markets tread water. By Ankur Banerjee.
A look at the day ahead in European and global markets from Ankur Banerjee. Investors are holding their nerve heading into a U.S. jobs report that will likely show a labour market that is sluggish but not crumbling while markets brace for a Supreme Court ruling on the legality of President Donald Trump's global tariff.
Most Japanese government bonds fell on Friday, pushing yields higher, as they tracked overnight declines for U.S. Treasuries ahead of eagerly anticipated U.S. payroll data later in the ?day. The 10-year JGB yield added 1.5 basis points to 2.09%, and are ?on track to have risen 3 bps this week. Benchmark ?10-year JGB futures fell 0.2 yen ?to 132.47 yen.
A look at the day ahead in European and global markets from Ankur Banerjee. Investors are holding their nerve heading into a U.S. jobs report that will likely show a labour market that is sluggish but not crumbling while markets brace for a Supreme Court ruling on the legality of President Donald Trump's global tariff.
KITCHENER, ON, Jan. 9, 2026 Canadian Solar Inc. (CSIQ) today announced the pricing of its previously announced offering of US$200 million aggregate principal amount of convertible senior notes due 2031. The Company estimates that net proceeds from the offering will be approximately US$194.6 million, after deducting the initial purchasers' discount and estimated offering expenses payable by the Company.
U.S. job growth likely slowed in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, though an anticipated easing in the unemployment rate to 4.5% could support expectations the Federal Reserve will leave interest rates unchanged this month.
* Nonfarm payrolls are forecast increasing 60,000 in December. * The unemployment rate is expected to have eased to 4.5% from 4.6% * Average hourly earnings are projected to have risen 3.6% from a year ago. By Lucia Mutikani.
* Consumer inflation hits 34-month high on rising food prices. * Full-year CPI lowest since 2009, points to still-weak domestic demand. * Producer deflation moderates a touch amid government campaign to curb overcapacity.
Major stock indexes jumped to record highs and the dollar was also up on Friday after data showed the U.S. economy created fewer jobs than expected in December, which did little to change rate cut expectations from the Federal Reserve this year. The S&P 500, Dow and the STOXX 600 notched record high closes.
* Supreme Court ruling on tariffs could spur volatility. * Jobs report in focus with Fed seen on hold for now. * Dollar firms, stocks ease as traders bide time. * Oil prices rise amid geopolitical tensions as traders eye. By Ankur Banerjee.
China's annual consumer price inflation hit a 34-month high in ?December while producer price deflation ?moderated, data from the ?National Bureau of ?Statistics showed ?on Friday. The consumer price index ?rose 0.8% ?from the same month in 2024, matching ?expectations in ?a ?Reuters poll.
* Pulte says Fannie, Freddie have plenty of liquidity for bond purchase. * Affordability a key political issue in Trump's second term. * Pulte declines to give timeline, details on MBS purchases. By Ann Saphir. WASHINGTON, Jan 8 - U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs.
By Ann Saphir. U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs. "Because I chose not to sell Fannie Mae and Freddie Mac in my First Term ... it is now worth many times that amount - AN ABSOLUTE FORTUNE - and has $200 BILLION DOLLARS IN CASH," Trump wrote in a post on Truth Social.
The dollar gained on Friday after data showed slower than expected U.S. jobs growth, suggesting?the Federal Reserve could leave interest rates unchanged later this month. The unemployment rate fell to 4.4% last month from a revised 4.5% in November, the U.S. Labor Department reported on Friday, even as employers added 50,000 jobs in the month.
Murphy Oil Corporation (MUR) announced today that it has priced an offering of $500 million of 6.500% Senior Notes due 2034 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission.
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. Second-tier jobs figures on Wednesday didn't offer much clarity.
A judge on Brazil's federal audit court on Thursday agreed to a request from the central bank to submit for a plenary decision on whether the court should inspect central bank documents related to the liquidation of Banco ?Master.
* Oil prices rise as traders watch Venezuela developments. * Eyes on US nonfarm payrolls; bets of two more Fed cuts remain. * S&P 500 ends near flat. By Caroline Valetkevitch. Major stock indexes were mixed and Treasury yields rose on Thursday ahead of Friday's key U.S. jobs report, while defense company shares gained amid U.S. President Donald Trump's plans for a $1.5 trillion military ?budget.
U.S. Federal Housing Finance Agency Director Bill Pulte said Fannie Mae and ?Freddie Mac have "hundreds of ?billions of dollars worth of ?liquidity" with which the ?agencies ?can carry out President Donald ?Trump's directive ?to buy mortgage-backed securities to bolster the housing ?market.
Peru's central bank held its benchmark interest rate ?on Thursday ?at 4.25%, in ?line with analysts' expectations. Peru's ?inflation ?ended 2025 at ?1.51% - ?in line with central bank forecasts ?and ?toward ?the lower end of its 1% ?to 3% target range.
Clearway Energy (CWEN/A) unit Clearway Energy Operating said late Thursday it priced an offering of $600 million in aggregate principal amount of 5.750% senior unsecured notes due 2034 at a purchase price of 100% of face value. The size of the offering was increased to $600 million from $500 million. The notes will mature on Jan. 15, 2034, and the offering is set to close on Jan. 13, 2026.
US equity indexes were mixed on Thursday as a technology sell-off hit the Nasdaq Composite, offsetting gains in old-economy sectors ahead of a much-anticipated nonfarm payrolls report.
Global stocks mostly fell, while oil and Treasury yields rose on Thursday, as investors reacted nervously to U.S. President Donald Trump's call for a huge increase in defense spending and awaited key U.S. employment figures on Friday. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
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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