* Nov Tokyo core CPI -0.7% yr/yr, matches forecast. * Tokyo core CPI marks biggest annual drop since May 2012. * Data suggests nationwide consumer prices to stay weak. By Leika Kihara.
Canada's economy could rebound faster than expected if consumer spending jumps in the wake of a successful coronavirus vaccination effort, Bank of Canada Governor Tiff Macklem said on Thursday. On the other hand, if the economy weakens amid a second wave of infections, Macklem indicated the central bank could if necessary cut already record low interest rates.
Brazil's government posted a primary budget deficit of 3.6 billion reais in October, the Treasury said on Thursday, by some distance the smallest deficit this year thanks to a near-10% rise in net revenues from a year earlier.
Brazil's central government reported a primary budget deficit of 3.6 billion reais in October, the Treasury said on Thursday, by far the smallest deficit since the COVID-19 pandemic triggered heavy emergency spending and falling tax revenues.
Mexico's central bank board members were divided over whether their "pause" in rate cuts decided at the last meeting should be considered the end of a cycle of relaxing monetary policy, minutes of the meeting published on Thursday showed.
Brazil's currency looks to have stopped weakening and is now stabilizing, indicating the upward pressure on inflation from a persistently weak exchange rate this year will dissipate, Roberto Campos Neto, the central bank president, said on Thursday.
Formal job creation in Brazil surged to a record high in October, figures showed on Thursday, as the dominant services sector roared back to life to account for around 40% of new jobs. A net 394,989 formal jobs were created in October, the economy ministry said, marking the fourth month in a row of gains and significantly more than the 233,500 forecast in a Reuters poll of economists.
Mexico's economy bounced back strongly in the third quarter, driven by a strong recovery in secondary activities, but was 8.6% smaller than the same period a year earlier, data released by the national statistics agency showed on Thursday.
The Baltic Exchange's main sea freight index rose for an eighth straight session to its highest in three weeks on Thursday, steered by stronger rates across all vessel segments.
Brazil's currency looks to have stopped weakening and is stabilizing, indicating that the upward pressure on inflation from a persistently weak exchange rate this year will dissipate, central bank president Roberto Campos Neto said on Thursday.
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