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Peru gold miner Buenaventura cut its 2026 forecast for its new San Gabriel mine by 10,000 ounces, citing a processing bottleneck at the plant. The post Peru Gold Miner Cuts New Mine Forecast appeared first on The Rio Times.
US inflation rose to 3.7% in September, above forecasts, as the Nasdaq fell 1.88% and gold dropped 1.04% to US$4,112. What it means for Brazil. The post US Inflation Rises to 3.7% as Nasdaq Drops 1.9% | Global Economy, Oct 15 appeared first on The Rio Times.
Nigeria's September inflation release on 15 October will show whether disinflation has stalled, with food prices forecast near 20%. The post Nigeria Inflation Rate Test Looms on 15 October appeared first on The Rio Times.
Analysts in the Brazilian central bank Focus survey raised their inflation forecast for this year to 5.22%, above the 4.5% ceiling of the official target. The post Brazil Analysts Raise Inflation Forecast to 5.22% appeared first on The Rio Times.
UnitedHealth Group raised its profit outlook for the year after reporting better-than-expected earnings in the third quarter, with adjusted earnings per share for the year expected to be at least $20.50. Madison Muller has more on "Bloomberg Open Interest." (Source: Bloomberg)
The IMF now expects Uruguay's economy to grow 1.3% in 2026 after a drought hit soy. The minister calls it appropriate; the official forecast is still 1.6%. The post Uruguay Growth Forecast Cut to 1.3% by the IMF, Below the Government’s 1.6% appeared first on The Rio Times.
Ohsung Kwon, chief equity strategist at Wells Fargo, explains the “pretty negative setup” he sees for equities as he lowers his year-end target for the S&P 500 to 7,700. (Source: Bloomberg)
On this episode of Stock Movers: - McDonald's (MCD) shares are moving on news the company's earmarking roughly $8.5 billion to help franchisees implement a multiyear plan to serve better food, improve service and make restaurants easier to run. - Cracker Barrel (CBRL) shares are gaining after the restaurant chain provided an adjusted Ebitda forecast for fiscal 2027 that beat the average analyst estimate. - KBHomes (KBH) shares are dropping after the homebuilder lowered the upper end of its housing revenue forecast for the full year. The company also cut its housing gross profit margin for 2026. (Source: Bloomberg)
Fitch kept the Fitch Chile rating at A- with a stable outlook, praising spending cuts, but slashed its 2026 growth forecast from 1.6% to 0.7%. The post Fitch Chile Rating Stays at A- as Growth Forecast Is Cut to 0.7% appeared first on The Rio Times.
The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.