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Bank of Canada Governor Macklem: Despite U.S. trade actions, the Canadian economy has shown resilience, and the growth outlook has improved slightly.
2026-11-04
Bank of Canada Governor Macklem: Despite U.S. trade actions, the Canadian economy has shown resilience, and the growth outlook has improved slightly.
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2026-11-03
Ninghui Liu, head of investment strategy at State Street Investment Management, said U.S. midterm election outcomes could produce divergent moves across Asia FX. If results push US Treasury yields lower and reduce policy uncertainty, Asian currencies
Ninghui Liu, head of investment strategy at State Street Investment Management, said U.S. midterm election outcomes could produce divergent moves across Asia FX. If results push US Treasury yields lower and reduce policy uncertainty, Asian currencies would likely find support; renewed inf concerns would instead keep the dollar firm. Cross-country FX reactions will depend on energy import reliance, external balance positions and exposure to tech demand; the yen will be sensitive to both risk sentiment and Japan’s relative interest-rate level.
2026-11-03
Saudi Aramco said third-quarter adjusted net income rose 9% to $31.2bn from $28.6bn a year earlier, topping analyst consensus of $28.7bn. Higher oil prices tied to regional conflict boosted results, and exports via the Strait of Hormuz remained stron
Saudi Aramco said third-quarter adjusted net income rose 9% to $31.2bn from $28.6bn a year earlier, topping analyst consensus of $28.7bn. Higher oil prices tied to regional conflict boosted results, and exports via the Strait of Hormuz remained strong. Continued attacks by Yemen’s Houthi militants are straining the Saudi economy and have put markets on alert over the stability of oil receipts. In September Aramco increased crude loadings from Ras Tanura to regain Asian market share after attacks on the east-west pipeline disrupted Red Sea alternative routes and temporarily halted the pipeline, forcing greater reliance on Hormuz shipments. Aramco said the east-west pipeline still provides export flexibility and it is exploring higher overseas inventories and new export routes.
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