News
Important Only
Trump administration to appeal court decision blocking firing of Fed Governor Cook, White House says
WASHINGTON, Sept 16 (Reuters) - The Trump administration will appeal the court decision blocking President Donald Trump's bid to fire Federal Reserve Governor Lisa Cook, the White House said on Tuesday.“The President lawfully removed Lisa Cook for cause. The Administration will appeal this decis...Reuters
Tue, Sep 16
US online holiday sales to slow as shoppers tighten budgets, Salesforce forecasts
Sept 16 (Reuters) - U.S. online sales growth during the 2025 holiday season is expected to slow from last year, as price-conscious shoppers stay picky with their spending amid rising living costs, according to a Salesforce forecast released on Tuesday.Reuters
Tue, Sep 16
US consumers are feeling the stress of inflation, interest rates, report shows
By Nupur Anand NEW YORK, Sept 16 (Reuters) - Some U.S. consumers are showing increased signs of stress as inflation and higher interest rates are affecting affordability and leading to financial strain on borrowers, credit scoring company Fair Isaac Corporation FICO.N, widely known as FICO, said ...Reuters
Tue, Sep 16
Bank of Spain lifts 2025 economic growth forecast to 2.6%
MADRID, Sept 16 (Reuters) - Spain's central bank has raised its economic growth forecast for this year to 2.6% from 2.4%, more than twice the euro zone average, citing a better than expected second-quarter performance, supported by consumer spending.The bank kept its growth estimates for next y...Reuters
Tue, Sep 16
Morning News Call - Canada, September 16
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 House Start...Reuters
Tue, Sep 16
US Treasury Secretary Bessent praises Bullard in search for Fed chief
WASHINGTON, Sept 16 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday he had a good session with James Bullard, the former president of the Federal Reserve Bank of St. Louis, as part of his search for a new Fed chairman."Mr. Bullard and I had a very good approximately two-hour se...Reuters
Tue, Sep 16
Bank of Spain sees economic growing 0.6% to 0.7% in third quarter
MADRID, Sept 16 (Reuters) - Spain's economy is set to grow at a rate of between 0.6% and 0.7% in the third quarter, a much faster rate than the other large euro zone economies and similar to the 0.7% in the previous three-month period, the Bank of Spain said on Tuesday.The central bank said that...Reuters
Tue, Sep 16
FACTBOX-Top brokerages eye Fed rate cut ahead of key policy meeting
September 16 (Reuters) - Most major brokerages are now anticipating a rate cut of 25 basis points at the U.S. Federal Reserve's September meeting this week, with Standard Chartered's forecast of a 50 bp rate cut being the only exception.August's labor data pointed to a significant coolin...Reuters
Tue, Sep 16
Canada CPI unlikely to alter BOC easing path – BBH
Canada’s August CPI is expected to confirm that underlying inflation pressures are stable but fading, leaving the Bank of Canada free to resume easing as labor market weakness deepens and policy divergence weighs on CAD, particularly against AUD and NOK, BBH FX analysts report.
Fxstreet
Tue, Sep 16
Chinese refineries processed more crude oil in August – Commerzbank
Chinese refineries processed 63.46 million tons of crude oil in August, according to data from the National Bureau of Statistics (NBS). This was 7.4% more than in the same month last year, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Sep 16
When is the US Retail Sales data and how it could affect EUR/USD?
The United States (US) Retail Sales for August is due for release today at 12:30 GMT. The Retail Sales data, a key measure of consumer spending, is expected to have grown at a moderate pace of 0.2%, against a 0.5% increase seen in July.
Fxstreet
Tue, Sep 16
Euro zone bond yields edge higher before Fed meeting
By Stefano Rebaudo Sept 16 (Reuters) - Euro zone government bond yields edged up on Tuesday as investors stayed on the sidelines ahead of a Federal Reserve policy meeting, which could shape expectations for U.S. rates.Investors will also closely watch Thursday's policy decisions from the Bank...Reuters
Tue, Sep 16
Fed rate-cut optimism has bond investors focusing on duration, steeper yield curve
Investors buying longer-term bonds in anticipation of Fed rate cutsMarket expects US central bank to cut rates by 25 basis points this weekSteepening trades surge amid US fiscal deficit concernsBy Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK, Sept 16 (Reuters) - Bond investors are buying ...Reuters
Tue, Sep 16
Fed avoids shock to independence for now, with Cook to attend meeting; Miran confirmed to open seat
Fed begins two-day policy meeting on TuesdayUS central bank expected to cut rates by a quarter of a percentage pointCook to attend following court ruling; Miran confirmed By Howard Schneider and Ann Saphir WASHINGTON, Sept 16 (Reuters) - The U.S. central bank opens a two-day policy meeting on Tue...Reuters
Tue, Sep 16
USD: Benign global conditions keep the dollar soft – ING
The dollar has started the week on the softish side. This may partly involve some pre-positioning ahead of tomorrow night's Fed rate cut. But it will also be a function of the benign external environment, ING's FX analyst Chris Turner notes.Fxstreet
Tue, Sep 16
VietJet to take delivery of first Boeing 737 MAX jet after long delays, documents show
Will be first Boeing jet for Airbus-reliant VietJetVietJet placed first order for 737 MAX jets in May 2016Vietnam president to attend handover amid tariff talks with USVietJet has 200 Boeing planes on orderBy Phuong Nguyen and Francesco Guarascio HANOI, Sept 16 (Reuters) - Vietnamese airline Viet...Reuters
Tue, Sep 16
