off-the-wire

Gold pares gains as Ukraine peace talks progress, eyes on US jobs data

Dec 15 (Reuters) - Spot gold pared earlier gains on Monday following progress in critical talks between U.S. officials and Ukrainian President Volodymyr Zelenskiy aimed at ending the war, while traders awaited key U.S. jobs data.Spot gold was up 0.2% at $4,309.82 an ounce by 01:55 p.m. ET (18:55 GMT), after rising more than 1% earlier in the session. U.S. gold futures settled 0.2% higher at $4,335.2 an ounce.Progress in Russia-Ukraine peace talks appears to be dampening safe-haven demand for gold, said senior analyst at Kitco Metals Jim Wyckoff.

Dec 15, 2025 - 5:43 PM

Dollar edges lower against yen in week packed with data releases and central bank decisions

Dec 15, 2025 - 3:40 PM

Atlanta Fed says it will seek new head with 'meaningful ties' to the southeastern district

Dec 15, 2025 - 3:30 PM

Fed's Miran: Current inflation not reflective of supply and demand in the economy

WASHINGTON, Dec 15 (Reuters) - Current above-target inflation does not reflect underlying supply and demand dynamics that are generating price increases much closer to the central bank's 2% target, Federal Reserve Governor Stephen Miran said on Monday, asserting that "prices are now once again stable."The last U.S. inflation report showed the Fed's preferred measure of inflation was increasing at a 2.8% annual rate, versus the Fed's 2% target.

Dec 15, 2025 - 11:53 AM

Dollar weakens against yen in week packed with data releases and central bank decisions

NEW YORK/LONDON, Dec 15 (Reuters) - The U.S. dollar weakened against rivals including the yen, euro and Swiss franc in a week packed with central bank decisions and U.S. data that could shed light on the Federal Reserve's near-term policy outlook.The dollar was last down 0.6% against the yen, trading just below 155 to the dollar.The Bank of Japan is widely expected to raise interest rates on Friday, giving the yen an advantage over a dollar that could lose support if expected U.S. rate cuts emerge early next year.

Dec 15, 2025 - 11:34 AM

Williams says Fed policy in good position, sees inflation moderating in 2026

JERSEY CITY, New Jersey, Dec 15 (Reuters) - New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to deal with what lies ahead, adding that he sees inflation moderating amid cooling in the job market."Monetary policy is well positioned as we head into 2026," Williams said at an event held by the New Jersey Bankers Association in Jersey City. With the recent easing, the rate-setting Federal Open Market Committee "has moved the modestly restrictive stance of monetary policy toward neutral."

Dec 15, 2025 - 11:26 AM

Gold rises on weaker dollar, rate cut expectations ahead of US jobs data

Dec 15 (Reuters) - Spot gold rose to hover near a seven-week peak on Monday, bolstered by a softer dollar and expectations of U.S. interest rate cuts ahead of key jobs data, while silver held below a record high hit on Friday.Spot gold was up 0.4% to $4,321.25 an ounce by 10:21 a.m. ET (1521 GMT), after rising more than 1% earlier in the session. U.S. gold futures rose 0.6% to $4,352.90 an ounce.The dollar (.DXY), languished near a two-month low hit on Friday, making greenback-priced bullion more attractive for overseas buyers.

Dec 15, 2025 - 11:23 AM

Wall St opens higher as investors gear up for data-packed week

Dec 15 (Reuters) - Wall Street's main indexes opened higher on Monday, rebounding from a tech-driven rout last week, while investors braced for a barrage of economic data that could set the course for interest rates.The Dow Jones Industrial Average (.DJI), rose 136.3 points, or 0.28%, at the open to 48,594.36. The S&P 500 (.SPX), rose 32.8 points, or 0.48%, to 6,860.19, while the Nasdaq Composite (.IXIC), rose 134.9 points, or 0.58%, to 23,330.039.Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel

Dec 15, 2025 - 10:14 AM

Canadian housing starts increase 9.4% in November

TORONTO, Dec 15 (Reuters) - Canadian housing starts rose 9.4% in November from the previous month, data from the national housing agency showed on Monday.The seasonally adjusted annualized rate of housing starts climbed to 254,058 units from a revised 232,245 units in October, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to rise to 250,000.Reporting by Fergal Smith; Editing by Kirsten Donovan

Dec 15, 2025 - 10:13 AM

Canada October factory sales down 1.0% on chemicals, wood

Dec 15 (Reuters) - Canadian factory sales fell by 1.0% in October from September on lower sales in both the chemical and wood products subsectors, Statistics Canada said on Monday.Excluding motor vehicles and parts, manufacturing sales were down 1.1%.Month/month change (%)Oct Sep(rev) Sep(prev)Sales -1.0 +3.6 +3.3Sales ex-autos -1.1 +3.0 +2.7Inventories -0.7 +0.1 0.0Unfilled orders +0.1 -0.3 -1.0New orders -0.4 +2.0 +2.5Oct Sep(rev) Sep(prev)Inv/sales ratio 1.70 1.69 1.70

Dec 15, 2025 - 10:12 AM

Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme

Dec 15 (Reuters) - Citigroup has set a year-end target of 7,700 for the S&P 500 (.SPX), opens new tab index for 2026, pointing to robust corporate earnings and sustained tailwinds from artificial intelligence investments.The brokerage said in a note on Friday that it expects AI infrastructure build-out to be a key theme in 2026, echoing Wall Street peers, but predicts the focus will shift from companies that enable AI to those that adopt the nascent technology.

Dec 15, 2025 - 9:52 AM

Copper prices rise on short covering, ignoring weak China data for now

LONDON, Dec 15 (Reuters) - Copper prices rose on Monday as some traders rolled forward positions ahead of a contract expiry this week, helping the market to set aside weak data and worries about the property sector in top consumer China for now.

Dec 15, 2025 - 9:45 AM

TSX futures climb with precious metals ahead of Canadian inflation data

Dec 15 (Reuters) - Futures for Canada's main stock index rose on Monday, supported by higher precious metal prices, while investors awaited domestic inflation print due later in the day.December futures on the S&P/TSX index were up 0.64% as of 05:54 a.m. ET.The Canadian benchmark index (.GSPTSE), fell on Friday, led by technology stocks as Broadcom and Oracle stoked concerns of an AI bubble. This erased much of TSX's weekly gains that were buoyed by the Federal Reserve's rate cut and rising gold prices.

Dec 15, 2025 - 9:37 AM

Wall St futures firm at start of data-packed week

Dec 15 (Reuters) - U.S. stock index futures ticked higher on Monday, pausing the tech-driven rout that rattled Wall Street late last week, as investors brace for a barrage of economic data that could set the course for interest rates.Traders also got more clarity on candidates for the Federal Reserve Chair post next year as U.S. President Donald Trump, according to a report, said he narrowed his search to former Fed Governor Kevin Warsh or National Economic Council Director Kevin Hassett.

Dec 15, 2025 - 9:28 AM

Shares steady in week of big central bank decisions, key data

LONDON, Dec 15 (Reuters) - European shares moved higher on Monday as Wall Street futures pointed to a recovery from last week's sell-off, but investor caution capped gains at the start of a week loaded with big central bank decisions and economic data.Europe's benchmark STOXX index of 600 large companies (.STOXX), gained 0.8%. S&P 500 e-mini futures rebounded 0.5%, after U.S. stocks had slumped on Friday over concerns about a bubble in artificial intelligence shares and lingering inflation in the world's biggest economy.

Dec 15, 2025 - 9:24 AM

Canada's annual inflation in November stays unchanged at 2.2%

OTTAWA, Dec 15 (Reuters) - Canada's annual inflation rate grew by 2.2% in November, unchanged from the previous month, led primarily by an increase in food prices which crossed a two-year peak last month, Statistics Canada said on Monday.

Dec 15, 2025 - 9:17 AM

Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data

Dec 15 (Reuters) - Gold climbed 1% on Monday to hover near a seven-week high, supported by a weaker dollar, expectations of interest rate cuts and safe-haven buying due to geopolitical tensions, while silver gained but held below Friday's record high.Spot gold gained 0.9% to $4,338.29 an ounce by 1322 GMT, after rising more than 1% earlier in the session. Bullion hit its highest since October 21 on Friday.U.S. gold futures rose 1% to $4,372.80 an ounce.

Dec 15, 2025 - 9:15 AM

off-the-wire

Gold pares gains as Ukraine peace talks progress, eyes on US jobs data

Dollar edges lower against yen in week packed with data releases and central bank decisions

Atlanta Fed says it will seek new head with 'meaningful ties' to the southeastern district

Fed's Collins says supported rate cut but it was a 'close call'

Canadian dollar steadies near three-month high after inflation data

Global stock index close to flat ahead of key central bank decisions, US data

Fed's Miran: Current inflation not reflective of supply and demand in the economy

Dollar weakens against yen in week packed with data releases and central bank decisions

Williams says Fed policy in good position, sees inflation moderating in 2026

Gold rises on weaker dollar, rate cut expectations ahead of US jobs data

Wall St opens higher as investors gear up for data-packed week

Canadian housing starts increase 9.4% in November

Canada October factory sales down 1.0% on chemicals, wood

Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme

Copper prices rise on short covering, ignoring weak China data for now

TSX futures climb with precious metals ahead of Canadian inflation data

Wall St futures firm at start of data-packed week

Shares steady in week of big central bank decisions, key data

Canada's annual inflation in November stays unchanged at 2.2%

Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data