Tag #Economic Outlook

Showing 49 to 60 of 232 results

theglobeandmail.com
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National Bank Beats Q2 Estimates Despite Increased Loan Loss Provisions

National Bank of Canada reported a second-quarter profit of $2.85 per share, exceeding analyst expectations, despite a 1 percent decrease in net income to $896 million due to a significant increase in loan loss provisions to $545 million and increased expenses from the recent acquisition of Canadian...

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welt.de
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DIHK Predicts Continued German Economic Contraction

The German Industry and Commerce Chamber (DIHK) predicts a 0.3% GDP decline in 2024, citing negative business sentiment due to high costs, weak domestic demand, and uncertain US trade policy; they urge rapid government action including tax cuts and reduced bureaucracy to prevent a third consecutive ...

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44% Bias Score

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faz.net
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Sparkassen President Criticizes US, Advocates for Canada, and Raises Concerns About EU Regulations

At the Sparkassentag in Nuremberg, president Ulrich Reuter criticized the US administration, advocating for stronger ties with Canada and highlighting concerns about EU regulations impacting German Sparkassen. Bavarian Minister President Markus Söder echoed these concerns, emphasizing the need to pr...

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theglobeandmail.com
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Moody's Downgrade Fuels 'Sell America' Trade, Dollar Plunges 10.6%

Moody's credit rating downgrade triggered increased selling of U.S. assets, contributing to a 10.6% drop in the U.S. dollar index since January, driven by trade uncertainties, ballooning fiscal debt, and waning confidence in U.S. exceptionalism.

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smh.com.au
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Moody's Downgrade to Impact Australian Sharemarket

Moody's downgraded the US credit rating to Aa1 from Aaa, prompting concerns about rising debt and deficits; the Australian sharemarket is expected to open lower on Monday, with ASX 200 futures pointing to a 0.1 percent decline, while the Australian dollar fell to 64.11 US cents.

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cnnespanol.cnn.com
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Moody's Downgrades U.S. Credit Rating to Aa1

Moody's downgraded the U.S. credit rating to Aa1 from AAA on Friday, citing rising government debt and political dysfunction, potentially impacting financial markets and interest rates.

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36% Bias Score

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theglobeandmail.com
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National Bank Beats Q2 Estimates Despite Rising Loan Loss Provisions

National Bank of Canada reported a Q2 profit of $2.85 per share, exceeding analysts' expectations despite a 1% net income decrease to $896 million due to increased loan loss provisions ($545 million) and higher expenses from its recent acquisition of Canadian Western Bank; the bank increased its div...

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20% Bias Score

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forbes.com
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Nuveen Core Plus Impact Fund (NPCT): A Contrarian Bond Investment Opportunity

The article predicts a 5% gain for the S&P 500 in 2025 and recommends the Nuveen Core Plus Impact Fund (NPCT), a closed-end fund focusing on corporate bonds, offering a 14% dividend yield and trading at an 8.4% discount to its net asset value due to negative ESG sentiment.

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forbes.com
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Moody's Downgrades U.S. Credit Rating Amidst Soaring National Debt

Moody's downgraded the U.S. credit rating to AA1 from AAA due to a national debt approaching \$37 trillion and a debt-to-GDP ratio exceeding 133%, resulting from decades of excessive government spending.

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theguardian.com
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RBA Cuts Cash Rate to 3.85%, Citing Inflation and Global Trade Uncertainty

The Reserve Bank of Australia lowered its cash rate by 0.25% to 3.85% on [Date], aiming to alleviate pressure on mortgage holders amid high living costs and global trade uncertainty caused by Donald Trump's tariffs; the RBA projects almost 300,000 job losses in a worst-case trade war scenario.

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40% Bias Score

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theglobeandmail.com
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Moody's Downgrades U.S. Credit Rating to Aa1

Moody's downgraded the U.S. credit rating to "Aa1" from "Aaa" on Friday, citing rising debt and interest payments; this follows a similar downgrade by Fitch and comes amid ongoing debates in Congress over fiscal policy, potentially leading to increased borrowing costs and market uncertainty.

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dw.com
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Moody's Downgrades US Credit Rating to Aa1

Moody's downgraded the U.S. credit rating from Aaa to Aa1 on May 16, 2025, due to rising public debt and interest payments exceeding those of similarly-rated nations, following failed Congressional votes on key legislation and reflecting similar downgrades by S&P and Fitch.

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44% Bias Score

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Showing 49 to 60 of 232 results