NEW YORK, October 31, 2025 – The Federal Reserve’s decision to halt its balance sheet runoff and reinvest maturing mortgage-backed securities (MBS) into Treasury bills (T-bills) is expected to ease future supply pressures, but near-term funding strains remain evident in the roughly $4 trillion U.S. overnight repurchase (repo) market. Despite the Fed’s announcement, repo futures

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DALLAS, October 31, 2025 – Dallas Federal Reserve Bank President Lorie Logan stated on Friday that the U.S. central bank’s recent interest rate cut was unnecessary and expressed opposition to any additional cuts in December. Speaking at a Dallas Fed banking conference, Logan cited a “balanced” labor market that requires no immediate stimulus and inflation

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MOSCOW, October 31, 2025 – Russia is preparing to issue its debut yuan-denominated sovereign bonds on the domestic market, sources familiar with the matter told Reuters. The move aims to provide an investment option for the vast amounts of yuan liquidity accumulated by Russian banks and exporters from energy sales to China. Russia’s Finance Ministry

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OTTAWA, October 31, 2025 – Canada’s federal budget deficit has widened significantly in the first five months of the 2025/26 fiscal year, reaching C$11.07 billion ($7.89 billion USD), as government expenditures outpaced revenues, according to a statement from the Finance Ministry on Friday. This marks an increase from the same period in the previous fiscal

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New York, Oct 31, 2025 – Global stocks advanced on Friday, with the Dow Jones, S&P 500, and Nasdaq all on pace for their third consecutive weekly gain and the Nasdaq set for its seventh straight monthly advance, led by a nearly 10% surge in Amazon (AMZN.O) after strong quarterly earnings. Amazon’s cloud revenue growth,

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Washington, D.C., U.S. – Banks drew a record $50.35 billion from the Federal Reserve’s Standing Repo Facility (SRF) on Friday, as month-end pressures drove heightened demand for liquidity. At the same time, financial institutions parked $51.8 billion in the Fed’s reverse repo facility, highlighting unusual cash movements in U.S. money markets. The Standing Repo Facility,

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Bengaluru/Wilmington, Del., U.S. – Pfizer (PFE.N) has filed a lawsuit against Metsera (MTSR.O) and Danish drugmaker Novo Nordisk (NOVOb.CO), claiming that Metsera violated its merger agreement by declaring Novo’s $8.5 billion bid as a superior offer. Pfizer is seeking a temporary restraining order to prevent Metsera from terminating their existing agreement, requesting that Metsera’s shareholder

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Paris, France – French telecom giant Orange (ORAN.PA) has announced a non-binding agreement to acquire the remaining 50% stake in its Spanish subsidiary MasOrange for approximately 4.25 billion euros ($4.96 billion) in cash, according to sources close to the deal. The acquisition, which involves stakes currently held by U.S. private equity firms KKR (KKR.N), Cinven,

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New York, NY – LLOG Exploration Offshore, one of the largest privately held oil and gas producers in the U.S. Gulf, is reportedly exploring a potential sale valued at more than $3 billion, including debt, according to sources familiar with the matter. The Covington, Louisiana-based company is working with investment bankers at Guggenheim Securities and

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Jefferson City, Missouri – Central Bancompany, a regional U.S. bank, announced on Friday that it is targeting a valuation of up to $5.72 billion in its upcoming initial public offering (IPO). The IPO, a rare move for U.S. banks in the current market, will see the lender offer 17.8 million shares priced between $21 and

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