OFF THE WIRE

Reuters

South African iron ore mine to close after ArcelorMittal halts purchases

South Africa’s African Rainbow Minerals said on Wednesday that its jointly owned Beeshoek iron ore mine will be placed on “care and maintenance” after its sole customer, the ailing steel producer ArcelorMittal South Africa, ceased purchases.Care and maintenance means that the Beeshoek mine is being temporarily shut down as the owners evaluate further options to resume operations if market conditions change.

Reuters

US services activity hits eight-month high; employment remains weak

WASHINGTON, Nov 5 (Reuters) - U.S. services sector activity increased to an eight-month high in October as new orders grew solidly, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic uncertainty stemming from tariffs.

Reuters

Fed's Miran continues to press for rate cuts in Yahoo Finance interview

Nov 5 (Reuters) - Federal Reserve Governor Stephen Miran reiterated on Wednesday that he believes the current level of short-term rates is too restrictive and is creating risks for the U.S. economy.“I think policy is too restrictive and that we're too far above where neutral rates would be,” Miran said in an interview on Yahoo Finance’s website. “Given the state of the labor market, I think that continuing to run policy that restrictive” is something that would “run unnecessary risks,” he said, adding that barring a surprise it would make sense to cut rates again in December.

Reuters

Wall Street edges up as tech stocks settle after sell-off

Nov 5 (Reuters) - Wall Street's main indexes inched higher on Wednesday, as technology stocks steadied following a sell-off in the previous session, while a stronger-than-expected private payrolls report did little to alter expectations of a rate cut in December.The ADP employment report showed U.S. private payrolls rebounded sharply in October, calming some jitters around a weakening labor market, after which stock futures pared most losses.

Reuters

TSX rebounds as resource-focused shares lift

Nov 5 (Reuters) - Canada's benchmark index jumped on Wednesday, rebounding from the previous day's selloff due to strength in commodity-linked shares, while investors digested a better-than-expected U.S. private payrolls reading.At 10:07 a.m. ET, Toronto's S&P/TSX composite index (.GSPTSE), was up 0.84% to 30,027.94 points.The gold sub-index led sectoral movement with a 2.6% rise, tracking gold prices, as investors turned away from risky assets to the metal's safe-haven appeal. GOL

US household debt up modestly in third quarter, New York Fed says

Reuters - 3 hours ago

Bank of America raises return target in bid to catch up with rivals

Reuters - 3 hours ago

World Economic Forum chief warns of three possible 'bubbles' in global economy

Reuters - 4 hours ago

Wall Street bonuses expected to be highest in four years, consultancy says

Reuters - 5 hours ago

Gold rises more than 1% on risk-off mood, dollar pause

Reuters - 5 hours ago

US private payrolls rebound in October, but some industries continue to shed jobs

Reuters - 5 hours ago

Traders to stay net short the US dollar, say FX forecasters clinging to bearish views: Reuters poll

Reuters - 5 hours ago

Wall St falls as bank CEOs warn of possible pullback, sparking tech bubble jitters

Reuters - Nov 04, 2025 - 3:32 PM

Stocks pull back after recent rally; dollar gains

Reuters - Nov 04, 2025 - 1:29 PM

Wall St falls after big banks' CEOs warn of market downturn; Palantir slides

Reuters - Nov 04, 2025 - 12:23 PM

OPEC oil output rises by 30,000 bpd in October, survey finds

Reuters - Nov 04, 2025 - 12:03 PM

South Korea to restructure steel industry hit by tariffs, oversupply

Reuters - Nov 04, 2025 - 11:18 AM

Investors call for creation of International Minerals Agency

Reuters - Nov 04, 2025 - 11:17 AM

Putin orders road map for Russian rare earths extraction

Reuters - Nov 04, 2025 - 11:14 AM

From pickaxes to AI, COP30 host state holds past and future of Amazon mining

Reuters - Nov 04, 2025 - 11:13 AM

U.S. bank regulator looking to ensure big banks have scrapped 'debanking' policies

Reuters - Nov 04, 2025 - 11:09 AM

Gold slips below $4,000 on firm dollar as market awaits data for Fed clues

Reuters - Nov 04, 2025 - 10:04 AM

TSX opens lower on profit-taking; budget proposal awaited

Reuters - Nov 04, 2025 - 10:03 AM

Dollar gains as chances of Fed cuts wane; pound tumbles

Reuters - Nov 04, 2025 - 9:30 AM

Wall St set to open lower after big banks flag market pullback risk; Palantir slides

Reuters - Nov 04, 2025 - 9:25 AM

US government shutdown ties record, as congressional inaction takes toll

Reuters - Nov 04, 2025 - 9:16 AM

Divided Fed policymakers stake out positions ahead of December meeting

Reuters - Nov 03, 2025 - 4:32 PM

Fed's Cook acknowledges attempt to remove her, declines comment amid legal action

Reuters - Nov 03, 2025 - 3:01 PM

Canadian dollar hits a near three-week low on wider yield spreads

Reuters - Nov 03, 2025 - 2:59 PM

World Bank arbitration body rejects Barrick expedition request in Mali case

Reuters - Nov 03, 2025 - 2:54 PM

Indonesia’s Amman Mineral moves a step closer to getting export permit

Reuters - Nov 03, 2025 - 2:51 PM

Malaysia PM says $142M magnet plant to boost rare earth sector

Reuters - Nov 03, 2025 - 2:21 PM

Resource disputes between investors and states hit 10-year high

Reuters - Nov 03, 2025 - 2:17 PM

TechMet to add to portfolio, fears Europe losing battle for critical minerals

Reuters - Nov 03, 2025 - 2:07 PM

Fed's Daly says she backed latest rate cut, open to another one in December

Reuters - Nov 03, 2025 - 1:42 PM

Oil prices steady despite OPEC+ plans to pause output increases

Reuters - Nov 03, 2025 - 11:37 AM

Fed's Goolsbee is on fence about need to cut rates in December

Reuters - Nov 03, 2025 - 11:35 AM

Dollar edges up as rate cut expectations remain in limbo

Reuters - Nov 03, 2025 - 10:53 AM

S&P 500, Nasdaq gain after Amazon-OpenAI deal; Kenvue soars after buyout

Reuters - Nov 03, 2025 - 10:44 AM

Tariffs, TACOs, and dollars: global markets in a year of Trump 2.0

Reuters - Nov 03, 2025 - 10:40 AM

US economy at risk of wobble as lower-income consumers get squeezed

Reuters - Nov 03, 2025 - 10:31 AM

China cuts gold tax exemption as state bank stops gold product enrolments

Reuters - Nov 03, 2025 - 10:30 AM

No surprises seen in US debt issuance: T-Bills up, bonds steady

Reuters - Nov 03, 2025 - 10:11 AM

Gold ticks higher as focus shifts to US private payroll data

Reuters - Nov 03, 2025 - 10:02 AM

Dollar index at three-month high, testing top of recent range

Reuters - Nov 03, 2025 - 9:56 AM

Stocks gain on US-China trade truce; dollar lifted by Fed outlook

Reuters - Nov 03, 2025 - 9:48 AM

Fed's Miran says he can't base policy stance on buoyant financial markets

Reuters - Nov 03, 2025 - 9:38 AM

Ghana orders first major audit of mining firms in a decade

Reuters - Oct 31, 2025 - 7:35 PM

Vale likely to announce extraordinary dividends soon, CFO says

Reuters - Oct 31, 2025 - 7:34 PM

Angola says national budget will not fund Endiama’s De Beers bid

Reuters - Oct 31, 2025 - 7:29 PM