RBC Capital Markets downgraded Equifax (EFX) to Sector Perform from Outperform, citing a more balanced risk/reward profile after a recent rally. The downgrade also considers three headwinds affecting the mortgage credit-scoring outlook, leading to a 1.2% slip in Equifax stock in early Monday trading.
Europe is heading into winter with less natural gas in storage than last year and almost no margin for error. By Sept. 30, European Union storage was approximately 72% full, compared with roughly 83% at the...
Shares of financial services firm XP Inc. (NASDAQ: XP) are plunging following the Brazil elections, where Luiz Inácio Lula da Silva secured another term, defeating Sen. Flávio Bolsonaro. This outcome overturned investor expectations of a rightward political shift and has led to a broad sell-off in Brazilian equities and assets. Investors are now bracing for volatility as they await clearer signals on Lula's fiscal plans and his choice of finance minister.
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Everyone seems to agree that mortgage rates above 7% are the new "normal."The phrase keeps popping up lately in public comments from housing economists, including Lawrence Yun, chief economist for the...
Brown Brothers Harriman’s (BBH) Elias Haddad notes the European Central Bank (ECB) is expected to hold rates at 2.50%, with markets still pricing a strong chance of a December hike to 2.75%. While contained core inflation and tighter financial conditions justify waiting, France’s fiscal and bond market strains are highlighted as a key risk that could leave EUR/USD vulnerable to further downside.
French President Emmanuel Macron said his government will announce "strong measures" in response to violent protests in France in recent weeks. But he also acknowledged that students have "legitimate" grievances.
French President Emmanuel Macron said his government will announce "strong measures" in response to violent protests in France in recent weeks. But he also acknowledged that students have "legitimate" grievances.
Germany's ifo Business Climate Index rose in October, driven by stronger manufacturing confidence, although higher energy prices and interest rates continue to pose risks to the economic recovery.
Bolsonaro quickly refused to concede defeat and asked for the election results to be annulled after an evening of chaos at some polling places that followed a last-minute decision to extend voting by two hours.
This is the second time in less than two months that Sen. Susan Collins has claimed credit for negotiating tariffs carve-outs amid President Trump's trade war with Canada. The announcement immediately became fodder for Maine's closely watched U.S. Senate race, as Democrats accused Collins of seeking to mitigate economic damage that she helped to cause.
Search any U.S. House district to see whether it sits in the Rent Belt, where rent takes a bigger share of a typical worker's pay than it does nationally, and who is on the ballot on Nov. 3, 2026.
With the midterm elections fast approaching, many Americans have the economy on their minds.US voters are exhausted by years of higher prices. Donald Trump won the presidency in 2024 on promises to lower...
Shadow from the lattice on dollar bills. The concept of prison, the penalty for money laundering, theft, crime and the penalty for tax evasion. Corruption and counterfeiting. London, 26 October...
European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and ongoing conflict in the Middle East.Wholesale gas prices hit €97 (£81) per...
Key MomentsEUR/CAD trades around 1.5710, holding earlier gains despite limited reaction to Germany’s IFO survey results.Germany’s IFO Business Climate Index rises to 90.2 in October, while the IFO Current...
Business sentiment in Germany has improved. The ifo Business Climate Index rose to 90.2 points in October, up from 89.9 points in September. This was due to more optimistic expectations. Companies, however, assessed their current situation as slightly worse. The economic recovery is continuing.
The Euro (EUR) extends gains against the British Pound on Monday, following the release of a better-than-expected German IFO Business Climate report. The EUR/GBP pair has reversed a previous pullback and is...
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The breakdownThe survey continues to reaffirm a further improvement in German business sentiment, one that is especially backed by stronger a stronger outlook for the months ahead. The current conditions index showed a decline in October but the expectations index surprisingly climbed to its highest since February 2022.
German business morale grew more than expected in October, a survey showed on Monday.The Ifo institute said its business climate index rose to 90.2 in October from 89.9 in September.Analysts polled by Reuters had forecast an increase to 90.0.