Economists expect Bank of Canada to raise rates to 2.50% on October 28
A majority of economists polled by Reuters expect a 25-basis-point hike on October 28, followed by another increase by the end of March.
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Canada jobless rate rises as employment falls again
Statistics Canada said employers cut 68,300 jobs in September, while the unemployment rate edged up to 6.5%. The Canadian dollar fell to an 18-month low after the report.
MNI US OPEN - Trump Hails "Very Good" Talks With Iran's Envoys
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
French bond yields hit 104-bps premium over German debt
France must pay a 104-basis-point premium on its 10-year bonds over Germany's for the first time since 2012, as investors seek more compensation to hold its debt amid concerns over the country's high budget deficit and upcoming presidential election.