The Canadian dollar weakened
against its U.S. counterpart on Wednesday, giving back its
earlier gains as a rebound in oil petered out and investor
appetite for risk remained fragile.
The ...
Victoria Rodriguez, the Mexican president's choice to be the next governor of the country's central bank, repeatedly underlined the importance of upholding the Bank of Mexico's autonomy during a hearing in front of lawmakers on Wednesday.
Pfizer Inc (PFE) said on Wednesday it had started the real-time submission of its application seeking Health Canada's approval of its oral COVID-19 antiviral drug candidate.
Reuters poll
* Argentine stocks surge almost 6%
(Updates prices)
By Susan Mathew
Dec 1 (Reuters) - Chile's peso slipped 1.3% on Wednesday on
the prospect of falling copper prices, ...
U.S. manufacturing activity picked up in November amid strong demand for goods, keeping inflation high as factories continued to struggle with pandemic-related shortages of raw materials. Signs that the economy was gathering momentum halfway through the fourth quarter were underscored by other data on Wednesday showing private employers maintained a strong pace of hiring last month.
Mexico's economy is likely to return to growth in the fourth quarter after contracting in the July-September period, Central Bank Governor Alejandro Diaz de Leon said on Wednesday.
President Joe Biden promised on Wednesday that rising prices and goods shortages will ease somewhat even as the United States approaches the holiday season facing new threats from the Omicron COVID-19 variant. Strong demand for goods has stretched the capacity of an economy still grappling with the novel coronavirus pandemic, sparking inflation and political risks for the Democratic president.
President Joe Biden promised on Wednesday that rising prices and goods shortages will ease somewhat even as the United States approaches the holiday season facing new threats from the Omicron COVID-19 variant.
- The latest COVID-19 variant could extend some of the supply-chain challenges and shortages that have led to higher inflation, and Federal Reserve officials will need to factor that in as they decide how to withdraw their monetary policy support, New York Fed President John Williams said.
The Bank of Mexico on Wednesday raised its inflation forecast and lowered its growth expectations for this year, saying the balance of risks for inflation had deteriorated and were biased to the upside.
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