Canadian Imports (Oct) 66.19B vs. Exp. 67.8B (Prev. 64.04B, Rev. 64.08B)
The Canadian import figures for October came in below expectations, indicating a potential slowdown in economic activity relative to forecasts.
AskBio, a subsidiary of Bayer (BAYN GY), announces FDA acceptance of a IND application for AB-1009 gene therapy being developed for the treatment of late-onset Pompe disease
US Treasury Secretary Bessent urges more Fed rate cuts, according to CNBC citing a draft speech
Canadian Imports (Oct) 66.19B vs. Exp. 67.8B (Prev. 64.04B, Rev. 64.08B)
US Energy Secretary Wright says balance can be had with China in Venezuela, according to a Fox Business Interview; will not allow China to have huge control over Venezuela
US PRE-MARKET MOVERS: NVDA, JEF, STZ, APLD, RTX, ABBV, RVMD, GOOGL, MQ, AA, NKE
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This miss might suggest weaker demand, which could affect the outlook for trade balances and future growth, possibly influencing monetary policy if sustained.
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