BMO Capital cuts S&P 500 year-end 2025 target to 6,100
NEW YORK (Reuters) – BMO Capital on Wednesday cut its year-end 2025 S&P 500 target by 9% to 6,100 from the prior 6,700, citing the speed and severity of the…
Trump tariffs shift shows benefits of EU unity, says German chancellor-designate Merz
BERLIN (Reuters) – Friedrich Merz, Germany’s likely next chancellor, said U.S. President Donald Trump’s pause of tariffs for 90 days was evidence of a united European approach to trade having…
Carney says chances of US recession has shot up, will hit Canada
OTTAWA (Reuters) – The probability of a U.S. recession has risen significantly thanks to President Donald Trump’s tariffs and that will have a major negative effect on the Canadian economy,…
Chile has 28% more lithium than previous estimates, studies find
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern…
IMF’s Georgieva: Recession not on the horizon despite tariff worries
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump’s push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger…
JPMorgan downgrades South African equities on economic slowdown concerns
(Reuters) -J.P.Morgan on Tuesday downgraded South African equities to “neutral” from “overweight,” citing concerns over an economic slowdown and the effectiveness of the country’s policy reforms. “While South Africa’s investment…
Swiss December gold exports to the US reach highest since March 2022
LONDON (Reuters) – Gold exports from Switzerland rose year on year in December as supplies to the United States soared to the highest since March 2022 and offset lower deliveries…
Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul
(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 billion…
Column-The five charts flashing red for U.S. equity bulls: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – As the classic market cliche goes, investors should worry most when the consensus is overwhelmingly optimistic and be bullish when it’s overwhelmingly bearish.…
French central bank trims growth outlook on political drama
PARIS (Reuters) – France’s economy will grow more slowly than expected in the next two years as its home-grown political turmoil adds to the global volatility weighing on activity, the…