* * Economic contraction driven by business inventory drawdown. * Full-year growth 1.7%, in line with Bank of Canada forecast. * GDP growth might stall in January on manufacturing slowdown. By Promit Mukherjee.
Canada gets a trio of gross domestic product readings at 8:30 a.m. ET on Friday, said Scotiabank. Key will be how it relates to the Bank of Canada's expectations for 0% Q4 growth and a 1.8% rebound in Q1, noted Scotiabank.
Consumer prices in Brazil rose more than expected in the month to mid-February, official data showed on Friday, but that should not prevent the central bank from kicking off a monetary easing cycle next month.
Investors will receive Canada's Q4 and December gross domestic product data on Friday and they should confirm that the local economy, at best, is flattening out, said Rosenberg Research. At the same time, the Bay Street view that everything is "okay"with the Canadian economy and surely nothing for the Bank of Canada to get too excited about, noted Rosenberg Research.
Lawsuits against the Los Angeles Department of Water and Power over wildfire liability crystalize the need for state governments to take the lead, said MMA's Matt Fabian.
DuPlooy Law, a boutique business law firm based in Calgary, is excited to announce the expansion of its international business law services to better serve companies navigating cross-border transactions, mergers and acquisitions, and global growth strategies.
The US dollar was mixed against its major trading partners early Friday -- up versus the euro and pound, down versus the yen and Canadian dollar -- ahead of the release of producer price index data for January at 8:30 am ET, the Chicago purchasing managers' index for February at 9:45 am ET and construction spending for December at 10:00 am ET.
Zimbabwe's central bank Friday said its Monetary Policy Committee decided to keep its Bank Policy Rate at 35.0%. "The tight monetary policy stance adopted by the Reserve Bank since September 2024 has engendered a progressive disinflation trajectory and delivered a singledigit inflation starting in January 2026," wrote the central bank in its policy statement.
Brazil's public sector gross debt held steady at 78.7% of gross domestic product in January, central bank data showed on Friday, while economists polled by Reuters expected it to rise to 79.0% of GDP. The public sector recorded a primary surplus of 103.689 billion reais for the month, compared with the 103.2 billion reais surplus expected in the poll.
NextEra Energy (NEE/PU) said late Thursday it priced its public offering of $2 billion in equity units, expected to close on Tuesday. Each equity unit, to be issued at $50, will consist of a contract to purchase NextEra Energy (NEE/PU) common stock, as well as undivided beneficial interests in two series of debentures, each with a $1,000 principal amount, issued by NextEra Energy Capital (NEE/PU), the company said.
Copper prices hit a four-week high on Friday and were set for a seventh consecutive monthly gain as demand optimism outweighed concerns over stocks piling up. Benchmark three-month copper on the London Metal Exchange rose 0.4% to $13,355.50 a metric ton by 1700 GMT after touching $13,527, its highest since January 30.
JPMorgan's analysts said they were closing their long offshore Chinese yuan position after the country's central bank cut the cost of buying dollar forwards on Friday in a bid to tame the yuan's recent rally.
The province of Alberta in Canada is budgeting for a larger deficit in the upcoming fiscal year, with a $9.4 billion shortfall, or 1.9% gross domestic product, up from a revised $4.1 billion, 0.8% GDP, estimate for the outgoing year, said CIBC.
* India remains fastest-growing major economy globally. * Modi's government revamps economic data for accuracy. * Growth at 7.8% in October-December quarter; projected at 7.6% in 2025-26. * Private consumption expands 8.7% year-on-year in Q3. * 2026/27 growth seen at 7%-7.4% under new GDP series, economic adviser says. By Nikunj Ohri, Manoj Kumar and Shubham Batra.
Sunoco (SUN) said late Thursday it priced a $1.2 billion private offering of its senior notes at 100%, upsized from a previously planned $1 billion. The upsized offering comprises $600 million of 5.375% notes due 2031 and $600 million of 5.625% notes due 2034. The company expects the offering to close March 9 and plans to use the net proceeds to redeem certain notes, among other things.
Even as updated inflation data shows persistent price pressures, the Federal Reserve faces continued uncertainty over interest rates, according to researchers at Florida Atlantic University. The Personal Consumption Expenditures Price Index, which is the Federal Reserve?s preferred measure of inflation, grew at a continuously compounding annualized rate of 4.4% in the last month of 2025.
The Federal Reserve will get another readout on the strength of the labour market before its March meeting, OPEC+ members meet to discuss output quotas and Beijing decides on its economic goals for the next year. All of this unfolds against a fraught geopolitical backdrop, with the United States expanding its military presence in the Middle East. And don't forget about tariffs.
Ameren (AEE) said late Thursday it priced a $400 million public offering of 5% senior notes due 2036 at 99.802% of principal amount. The company expects the offering to close Wednesday and plans to use the net proceeds for general corporate purposes. MT Newswires does not provide investment advice.
* Gold set for a monthly gain of over 6% * Gold set for seventh straight month of gains. * Silver, platinum, palladium also on track for a monthly rise. By Ishaan Arora. Gold was broadly steady on Friday as a drop in U.S. Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check as investors assess U.S-Iran negotiations.
* Gold set for a monthly gain of over 6% * Gold set for seventh straight month of gains. * Silver, platinum, palladium also on track for a monthly rise. By Ishaan Arora. Feb 27 - Gold was broadly steady on Friday as a drop in U.S. Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check as investors assess U.S-Iran negotiations.
* Japan's inflation cools, complicating central bank's policy decisions. * Sterling rises after Labour's election defeat in Greater Manchester. * Pakistan escalates conflict with Afghanistan. By Rocky Swift. TOKYO, Feb 27 - Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots weighed on sentiment.
* Australian dollar jumps on hawkish RBA outlook. * China's PBOC moves to slow pace of yuan appreciation. * Yen struggles as politics complicates rate-hike path. By Rae Wee. The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost momentum after China hit the brakes on a long-running rally in the currency.
Copper was poised to register a weekly gain on Friday, the first week of trading week after China's nine-day Lunar New Year break, supported by demand and growth optimism. The most-active copper contract on the Shanghai Futures Exchange nudged 0.12% upward to 102,820 yuan a metric ton as of 0245 GMT, and is poised to end the week higher.
The dollar headed for its first monthly gain since October on Friday, boosted by simmering geopolitical tensions, while the yuan lost momentum after China hit the brakes on a long-running rally. The Australian dollar was set for a fourth straight monthly gain, propelled by expectations that the central bank would shift towards raising interest rates, as the economy powers ahead.
* Australian dollar jumps on hawkish RBA outlook. * Yen struggles as politics complicates rate-hike path. * China's PBOC moves to slow pace of yuan appreciation. By Rae Wee.
* Yen rallies as geopolitical risks drive haven bids. * Tech stocks pressured by high valuations. * China to scrap FX reserves for some contracts. By Rocky Swift. Dour sentiment persisted in the Asian trading day on Friday as concerns about technology company valuations weighed on shares and Middle East tensions kept energy markets on edge.
Annual core inflation in Tokyo slowed in February, running below the Bank of Japan's 2% target for the first time in 16 months, data showed on Friday, potentially heightening friction between the central bank and the government on the future path of rate hikes.
* February Tokyo core CPI rises 1.8% yr/yr vs forecast +1.7% * Index excluding fresh food, fuel rises 2.5% yr/yr. * Data in line with BOJ's forecast of brief inflation slowdown. By Makiko Yamazaki and Leika Kihara.
Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average edging up 0.03% to 49,499.20, while the S&P 500 slipped 0.5% to 6,908.86 and the Nasdaq dropped 1.18% to 22,878.38.Investors were jittery as U.S. initial jobless claims rose by 4,000 to 212,000 in the third week of February, coming in below estimates of 215,000.
Argentine state energy firm YPF posted a fourth-quarter net loss of $649 million, more than double the $284 million loss it reported a year earlier due to shifting prices in oil and petroleum derivatives and a slowdown in gas sales, the company said. The company's revenues fell 4% year-on-year, landing at $4.56 billion.
The U.S. Federal Reserve is waging a behind-closed-doors legal challenge to two subpoenas issued in U.S. Attorney Jeanine Pirro's criminal investigation of Chair Jerome Powell, the Wall Street Journal said on Thursday. Reuters could not immediately confirm the report.
The U.S. Federal Reserve is waging a behind-closed-doors legal challenge to two subpoenas issued in U.S. Attorney Jeanine Pirro's criminal investigation of Chair Jerome Powell, the Wall Street Journal said on Thursday. Reuters could not immediately confirm the report.
Japan's factory output was up 2.2% in January from the previous month, worse than the median market forecast for a 5.3% rise, government data showed on Friday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to fall 0.5% in February and decrease 2.6% in March.
* February Tokyo core CPI rises 1.8% yr/yr vs forecast +1.7% * Index excluding fresh food, fuel rises 2.5% yr/yr. * Data in line with BOJ's forecast of brief inflation slowdown.
ST. LOUIS, Feb. 26, 2026 Ameren Corporation (AEE) announced today the pricing of a public offering of $400 million aggregate principal amount of 5.00% senior notes due 2036 at 99.802% of their principal amount.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the newly issued $1 billion, 5.85% subordinated debentures, due March 15, 2056, issued by MetLife, Inc. [NYSE: MET]. The outlook assigned to this Credit Rating is stable. The proceeds from this debt issuance are expected to be used to cover general business purposes.
Brazil's National Monetary Council decided on Thursday to loosen conditions on loans to airlines backed by the National Civil Aviation Fund, a public fund expected to release 4 billion reais starting in 2026. ?. The council is the country's top economic policy body and is formed by three members: the finance minister, the planning and budget minister, and the central bank chief.
Matador Resources Company (MTDR) today announced that it has priced a private offering of $750 million of 6.000% senior unsecured notes due 2034 at a price of 100% of their face value.
Electronic Arts (EA) has yet to win enough bondholder support to repurchase its bonds at a steep discount to face value and amend some lending terms, Bloomberg News reported on Thursday, citing firms that plan to acquire the company. A key deadline for the agreement passed earlier this week, the report said.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.
Increased 2025 Revenue by?14% Year-over-Year to $748.3 Million, Driven by Global Growth in Social, CTV Measurement, and Programmatic Activation Achieved 2025 Net Income of $50.7 Million and Adjusted EBITDA of $245.6 Million, representing a 33% Adjusted EBITDA margin $300 Million Authorized for Share Repurchases, the Largest Amount in DoubleVerify?s History NEW YORK, Feb. 26, 2026 -- DoubleVe...
Investors added $1.029 billion to municipal bond mutual funds in the week ended Wednesday, following?$1.269 billion of inflows the prior week, according to LSEG Lipper data. This is the seventh time in eight weeks that inflows have topped $1 billion.
Invesco Ltd. (IVZ) has expanded its fixed income ETF lineup with the launch of four new products aimed at helping investors navigate a bond market still grappling with rate volatility and shifting income dynamics.
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.