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What to Watch in the Week Ahead and on Monday, October 28

What to Watch in the Week Ahead and on Monday, October 28 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Ford is expected to report higher third-quarter revenue and profit, aided by sales of its commercial vehicles.
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Sri Lanka met with bondholders, aims to exit default as soon as possible, central bank governor says

UPDATE 1-Sri Lanka met with bondholders, aims to exit default as soon as possible, central bank governor says Adds details and context starting in paragraph 4 By Karin Strohecker and Rodrigo Campos WASHINGTON, Oct 25 (Reuters) - Sri Lanka met this week with its bondholders in Washington to discuss a debt exchange as the South Asian country aims to emerge from default as soon as possible, central bank Governor Nandalal Weerasinghe said on Friday.
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with global GDP forecast from Citigroup; U.S., global, euro area, India GDP forecasts from UBS Global Research; Goldman Sachs' India GDP forecast and HSBC's S&P 500 year-end forecast Oct 25 (Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept.
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Time to take profit on some Trump trades, Citi say

LIVE MARKETS-Time to take profit on some Trump trades, Citi say STOXX 600 up 0.1% Electrolux down 15%, biggest faller U.S. futures slightly higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john@thomsonreuters.com TIME TO TAKE PROFIT ON SOME TRUMP TRADES, CITI SAY The past couple of weeks have been all about 'Trump Trades' as investors bought the dollar, and sold the long end of the U.S.
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Global financiers head to Riyadh investment bash in shadow of war

RPT-Global financiers head to Riyadh investment bash in shadow of war Repeats story that ran on Thursday with no changes to text By Hadeel Al Sayegh and Rachna Uppal DUBAI, Oct 25 (Reuters) - Global financiers are poised to flock to Saudi Arabia's annual flagship investment conference next week as a tightening of the kingdom's purse strings and a deepening of regional conflict cloud the outlook.
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Global financiers head to Riyadh investment bash in shadow of war

RPT-Global financiers head to Riyadh investment bash in shadow of war Repeats story that ran on Thursday with no changes to text By Hadeel Al Sayegh and Rachna Uppal DUBAI, Oct 25 (Reuters) - Global financiers are poised to flock to Saudi Arabia's annual flagship investment conference next week as a tightening of the kingdom's purse strings and a deepening of regional conflict cloud the outlook.
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Australia's Wisetech Global jumps over 20% after CEO's decision to move to new role

BUZZ-Australia's Wisetech Global jumps over 20% after CEO's decision to move to new role Updates with analyst comments ** Shares of Wisetech Global WTC.AX rise as much as 22.1% to A$121.330, posting their biggest intraday pct jump since late-August 2021 ** The logistics software co said on Thursday the firm's CEO Richard White will step down but wi
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Agree Realty drops after stock offering unveil

BUZZ-Agree Realty drops after stock offering unveil ** Agree Realty ADC.N shares down 2.1% to $73.42 in extended trading after launching equity offering ** Net lease retail REIT announces 4 mln shares as part of forward sale ** Forward sale agreements with bookrunners Citigroup and Wells Fargo in place until Dec 2025 ** Upon settlement of agreements, co to use net proceeds for general purposes, including funding property acquisitions and development activity, or debt repayment ** ADC has 103.5 m
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DailyPay Secures Additional $100 Mln Credit Commitment From Citi

BRIEF-DailyPay Secures Additional $100 Mln Credit Commitment From Citi Oct 24 (Reuters) - DailyPay: SECURES ADDITIONAL $100 MILLION CREDIT COMMITMENT FROM CITI SECURED CREDIT FACILITY INCREASES TO $760 MILLION Source text for Eikon: ID:nPn6V755da
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Brazil vows to hit 3% inflation target at IMF, World Bank meetings

UPDATE 2-Brazil vows to hit 3% inflation target at IMF, World Bank meetings Central bank committed to 3% inflation target despite current 4.47% rate Inflation driven by stronger-than-expected economic activity Board members emphasize data-dependence and no guidance on next steps Markets predict 92% chance of 50 basis point hike next month Rewrites throughout Oct 24 (Reuters) - Four members of Brazil's nine-person interest rate-setting board attended several events in Washington this week with a
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Global financiers head to Riyadh investment bash in shadow of war

Global financiers head to Riyadh investment bash in shadow of war By Hadeel Al Sayegh and Rachna Uppal DUBAI, Oct 24 (Reuters) - Global financiers are poised to flock to Saudi Arabia's annual flagship investment conference next week as a tightening of the kingdom's purse strings and a deepening of regional conflict cloud the outlook. Among those expected to descend on the Future Investment Initiative (FII) in Riyadh are top CEOs, including Goldman Sachs' David Solomon, BlackRock's Larry Fink, Ci
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Barclays’ investment bank slog gets welcome push

BREAKINGVIEWS-Barclays’ investment bank slog gets welcome push The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Oct 24 (Reuters Breakingviews) - Barclays’ BARC.L investment bank reboot is showing signs of life. On Thursday , the $46 billion UK lender revealed that its debt and advisory businesses are performing well.
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Telia rises on Q3 core earnings beat, outlook upgrade

BUZZ-Telia rises on Q3 core earnings beat, outlook upgrade ** Shares in Telia TELIA.ST rise 3.4% after the Swedish telecom operator beat Q3 core earnings estimates and hiked its outlook ** The group now sees 2024 adjusted EBITDA like-for-like growing by mid-single digits versus previously seen growth by low to mid-single digits ** Q3 adjusted EBITDA came in at SEK 8.48 billion ($801 million), slightly higher than SEK 8.39 billion seen in a company-provided consensus ** J.P.
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India's Paytm extends rise as Citi, others upgrade rating, PT

BUZZ-India's Paytm extends rise as Citi, others upgrade rating, PT ** Shares of Indian fintech firm Paytm PAYT.NS rise 4% to 775.95 rupees ** Stk set for second straight sessions of gains, if trend holds ** Citi upgrades PAYT to "buy" from "sell" and doubles PT to 900 rupees ** Morgan Stanley keeps rating unchanged at "equal-weight" while raising P
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Telia raises 2024 profit outlook as it rolls out restructuring plan

UPDATE 4-Telia raises 2024 profit outlook as it rolls out restructuring plan Quarterly adjusted EBITDA beats expectations Plan announced in September increases use of AI Also increases focus on digital revenue Adds share move in paragraph 1, details on CAPEX guidance in paragraph 5-6, analyst comment in paragraph 10-12 By Alessandro Parodi Oct 24 (Reuters) - Telecom operator Telia TELIA.ST slightly raised its profit outlook for 2024 on Thursday, and cited a newly launched cost-cutting overhaul,
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Australia's Northern Star Resources falls as gold sales decline from June quarter

BUZZ-Australia's Northern Star Resources falls as gold sales decline from June quarter ** Shares of Northern Star Resources NST.AX fall as much as 3% to A$16.91, set for worst session since Aug. 8 - if current losses hold ** Stock hits lowest level since Oct. 17 ** Gold miner posts quarterly gold sales of 393.9 koz, down from 439.9 koz sold in the
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Spanish banks Q3 earnings season ready to kick off

LIVE MARKETS-Spanish banks Q3 earnings season ready to kick off U.S. equity indexes red: Nasdaq off most, down ~1.65% Tech weakest S&P sector; Real Estate leads gainers Dollar up; gold down ~1%; crude down >1.5%; bitcoin off >2.5% U.S. 10-Year Treasury yield edges up to ~4.23% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Global regulators quiz banks amid climate-risk tussle, sources say

Global regulators quiz banks amid climate-risk tussle, sources say Basel Committee surveyed banks on climate risk management over summer, sources say Survey included 60 questions on risk, operations and data collection, sources say Divergence looms between ECB and US Fed in approach to climate By Isla Binnie NEW YORK, Oct 23 (Reuters) - Global banking regulators have asked lenders detailed questions about how they manage climate risks, three people familiar with the matter said, in the latest si
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US, Europe matching rate paths must diverge: McGeever

RPT-COLUMN-US, Europe matching rate paths must diverge: McGeever Repeats column first published on Tuesday By Jamie McGeever ORLANDO, Florida, Oct 22 (Reuters) - U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary outlooks have veered in different directions. Money markets expect this to continue.
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US, Europe matching rate paths must diverge: McGeever

RPT-COLUMN-US, Europe matching rate paths must diverge: McGeever Repeats column first published on Tuesday By Jamie McGeever ORLANDO, Florida, Oct 22 (Reuters) - U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary outlooks have veered in different directions. Money markets expect this to continue.
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