OFF THE WIRE

Reuters

Dollar weakens amid soft labor US data

NEW YORK, Nov 6 (Reuters) - The U.S. dollar fell against the euro and Swiss franc for a second straight session on Thursday as data showed weakness in the U.S. labor market, increasing expectations of another rate cut this year.Meanwhile, sterling rose after the Bank of England kept rates unchanged ahead of this month's budget. The central bank had been expected to leave rates unchanged, although markets had attached a one-in-three chance of a cut earlier on.

Nov 06, 2025 - 4:50 PM

Reuters

Fed's Hammack sees no need to hike rates to lower inflation at this time

NEW YORK, Nov 6 (Reuters) - Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think the U.S. central bank needs to raise interest rates to combat inflation pressures she considers too high, while acknowledging how that view might change.Despite where inflation is, moving rates up is "not my base case right now," Hammack said in a Reuters interview after a speech in which she reiterated her view that the Fed needs to keep monetary policy a touch tight to balance getting inflation down amid some softness in the jobs market.

Nov 06, 2025 - 4:48 PM

Reuters

Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges

Nippon Steel, Japan’s biggest steelmaker, said it expects to report a 14% fall in annual profit before one-offs for the current fiscal year, but that excluded its outlook for US Steel, due to significant challenges in the US market.The Japanese steelmaker expects an underlying business profit, or profit adjusted for one-offs, of 680 billion yen ($4.51 billion) for the year ending in March, down from 793.7 billion yen last year.

Nov 06, 2025 - 4:22 PM

Reuters

Adani unit signs deal with Australia’s Caravel Minerals copper project

India’s Adani Enterprises said on Thursday its unit Kutch Copper Ltd (KCL) has signed a non-binding deal with Australia’s Caravel Minerals to accelerate development of a copper project in Western Australia.The initial capital expenditure for the project is estimated at A$1.7 billion ($1.1 billion), with KCL granted first rights to participate in direct equity or project-level investments during the term of the agreement.

Nov 06, 2025 - 3:47 PM

Reuters

Japan, US consider rare earth mining near Minamitori in Pacific

Japan and the United States will jointly study developing rare earth mining in the waters around Minamitori Island in the Pacific, Japanese Prime Minister Sanae Takaichi said on Thursday.Co-development of rare earth minerals was a key topic in her meeting with US President Donald Trump last week, Takaichi told a parliamentary session.During Trump’s visit to Tokyo, the two countries signed a framework agreement for securing rare earth supplies to counter China’s dominance in the materials that are used in everything from cars to fighter jets.

Nov 06, 2025 - 3:44 PM

ICL could lose Dead Sea concession in 2030 under government tender plan

Reuters - Nov 06, 2025 - 3:43 PM

Gold rises as US shutdown, tariff uncertainty lift safe-haven demand

Reuters - Nov 06, 2025 - 2:46 PM

US holiday sales set to top $1 trillion for the first time, NRF forecasts

Reuters - Nov 06, 2025 - 2:03 PM

Fed's independence has global importance, Williams says

Reuters - Nov 06, 2025 - 1:51 PM

Fed's Hammack is nervous about Fed policy given high inflation

Reuters - Nov 06, 2025 - 1:36 PM

Fed's Miran says he expects rate cut in December

Reuters - Nov 06, 2025 - 1:23 PM

Wall St drops as tech sell-off resumes; tariff, economic data uncertainty lingers

Reuters - Nov 06, 2025 - 11:43 AM

Canada's Ivey PMI shows activity expanding at slower pace in October

Reuters - Nov 06, 2025 - 11:33 AM

Gold rises as US shutdown, tariff uncertainty lift safe-haven demand

Reuters - Nov 06, 2025 - 10:14 AM

Top Bank of Canada officials speak after holding interest rate at 5%

Reuters - Nov 06, 2025 - 10:04 AM

China has yet to release gold output data for latest quarter

Reuters - Nov 06, 2025 - 10:03 AM

Gold reclaims $4,000/oz level as dollar slips, US shutdown woes persist

Reuters - Nov 06, 2025 - 9:58 AM

Bank of Canada says trade disruptions could hinder inflation fight

Reuters - Nov 06, 2025 - 9:55 AM

Canadian dollar set to rebound if trade uncertainty clears: Reuters poll

Reuters - Nov 06, 2025 - 9:42 AM

Some Bank of Canada governors saw likely need for higher rates -minutes

Reuters - Nov 06, 2025 - 9:38 AM

Global debt hits record $307 trillion, debt ratios climb -IIF

Reuters - Nov 06, 2025 - 9:30 AM

US unemployment rate rounds up to 4.4% in October, Chicago Fed estimates

Reuters - Nov 06, 2025 - 9:19 AM

Bank of Canada: Underlying inflation is inconsistent with 2% target

Reuters - Nov 06, 2025 - 9:17 AM

Wall Street ends higher as solid data, strong earnings offset valuation concerns

Reuters - Nov 05, 2025 - 4:55 PM

Dollar holds near five-month highs as data supports

Reuters - Nov 05, 2025 - 4:00 PM

US Steel unveils $11 billion investment plan with Nippon Steel

Reuters - Nov 05, 2025 - 2:01 PM

Perth Mint’s October gold sales hit three-year high

Reuters - Nov 05, 2025 - 1:59 PM

Can Africa ride critical minerals wave to economic boom?

Reuters - Nov 05, 2025 - 1:52 PM

EU, China created special channel to ensure rare earth supplies, commissioner says

Reuters - Nov 05, 2025 - 1:50 PM

South African iron ore mine to close after ArcelorMittal halts purchases

Reuters - Nov 05, 2025 - 1:48 PM

US services activity hits eight-month high; employment remains weak

Reuters - Nov 05, 2025 - 1:45 PM

Fed's Miran continues to press for rate cuts in Yahoo Finance interview

Reuters - Nov 05, 2025 - 1:44 PM

Wall Street edges up as tech stocks settle after sell-off

Reuters - Nov 05, 2025 - 11:32 AM

TSX rebounds as resource-focused shares lift

Reuters - Nov 05, 2025 - 11:30 AM

US household debt up modestly in third quarter, New York Fed says

Reuters - Nov 05, 2025 - 11:07 AM

Bank of America raises return target in bid to catch up with rivals

Reuters - Nov 05, 2025 - 10:52 AM

World Economic Forum chief warns of three possible 'bubbles' in global economy

Reuters - Nov 05, 2025 - 9:58 AM

Wall Street bonuses expected to be highest in four years, consultancy says

Reuters - Nov 05, 2025 - 8:52 AM

Gold rises more than 1% on risk-off mood, dollar pause

Reuters - Nov 05, 2025 - 8:50 AM

US private payrolls rebound in October, but some industries continue to shed jobs

Reuters - Nov 05, 2025 - 8:49 AM

Traders to stay net short the US dollar, say FX forecasters clinging to bearish views: Reuters poll

Reuters - Nov 05, 2025 - 8:42 AM

Wall St falls as bank CEOs warn of possible pullback, sparking tech bubble jitters

Reuters - Nov 04, 2025 - 3:32 PM

Stocks pull back after recent rally; dollar gains

Reuters - Nov 04, 2025 - 1:29 PM

Wall St falls after big banks' CEOs warn of market downturn; Palantir slides

Reuters - Nov 04, 2025 - 12:23 PM

OPEC oil output rises by 30,000 bpd in October, survey finds

Reuters - Nov 04, 2025 - 12:03 PM

South Korea to restructure steel industry hit by tariffs, oversupply

Reuters - Nov 04, 2025 - 11:18 AM

Investors call for creation of International Minerals Agency

Reuters - Nov 04, 2025 - 11:17 AM

Putin orders road map for Russian rare earths extraction

Reuters - Nov 04, 2025 - 11:14 AM

From pickaxes to AI, COP30 host state holds past and future of Amazon mining

Reuters - Nov 04, 2025 - 11:13 AM

U.S. bank regulator looking to ensure big banks have scrapped 'debanking' policies

Reuters - Nov 04, 2025 - 11:09 AM