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Brazilian Stocks Extend Losses Amid Fiscal Uncertainty
The Ibovespa fell nearly 2% on Wednesday, slipping below the 173,000 mark and extending losses for a third straight session, to its lowest level in roughly two months. Investors continued...
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Bank of Canada Raises Rates for 1st Time Since 2023
The Bank of Canada raised its benchmark policy rate by 25 bps to 2.5% in October 2026, its first increase in three years and in line with market expectations. Policymakers...
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S&P and Nasdaq Gain
US stocks were mostly higher on Wednesday, with the S&P 500 up 0.3% and the Nasdaq gaining 0.4%, while the Dow Jones hovered around the flatline. Investor sentiment remained cautious...
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UK Gilt Yields Fall as Markets Digest Budget
UK 10-year gilt yields declined toward 5.3%, their lowest level in more than a month, as investors evaluated Chancellor John Healey’s first budget. Healey reiterated his adherence to the government’s...
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Sterling Near Two-Week Low as Markets Assess UK Budget
The British pound held below $1.33, hovering near a two-week low as investors digested UK Chancellor John Healey’s inaugural budget. Healey reiterated his commitment to the government’s fiscal rules, with...
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FTSE 100 Rises Led by Banks
The FTSE 100 inched higher on Wednesday as investors weighed Chancellor John Healey’s first budget, which balanced a message of fiscal restraint with targeted support for households facing cost-of-living pressures...
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OBR Downgrades UK Growth Forecast for 2027
The UK economy is now forecast to grow by 1% in 2027, according to the latest projections from the Office for Budget Responsibility (OBR), set out by Chancellor John Healey...
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UK Borrowing Forecasts Revised Higher
UK public borrowing is now forecast to fall to 4.2% of GDP this year, 3.4% next year and 2.9% in 2028–29, according to the latest revised projections from the Office...
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TSX Futures Slip as Oil Rise Revives Inflation Concerns
Futures tracking Canadian stocks edged lower on Wednesday as rising oil prices rekindled inflation concerns ahead of the Bank of Canada’s policy decision later in the day. The oil rally...
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US Goods Gap Higher Than Expected
The US goods trade deficit widened to $134.9 billion in September 2026, the largest gap since March 2025. This followed a revised shortfall of $132.1 billion in August and exceeded...