News
Important Only
US PPI data set to show sticky inflation ahead of key CPI report
The United States (US) will publish the August Producer Price Index (PPI) on Wednesday. The report, produced by the Bureau of Labor Statistics (BLS), will be published one day ahead of the Consumer Price Index (CPI) data for the same month, scheduled for Thursday.
Fxstreet
Wed, Sep 10
Japan PM hopeful Motegi endorses BOJ's monetary policy normalisation
TOKYO, Sept 10 (Reuters) - Former Japanese Foreign Minister Toshimitsu Motegi, a prime minister hopeful running in the ruling party's leadership race, on Wednesday endorsed the Bank of Japan's policy of gradually normalising monetary policy."I believe the basic policy direction is to nor...Reuters
Wed, Sep 10
EUR/JPY hovers around 172.50 as US-Japan tariff deal improves market sentiment
EUR/JPY holds ground after registering almost 1% losses in the previous two sessions, trading around 172.60 during the Asian hours on Wednesday. The currency cross moves little as the Japanese Yen (JPY) maintains its position after the Reuters Tankan index for manufacturers climbed to 13 in Septembe
Fxstreet
Wed, Sep 10
Egypt's annual urban consumer price inflation slows to 12% in August from 13.9% in July
Sept 10 (Reuters) - Egypt's annual urban consumer price inflation slowed to 12% in August from 13.9% in July, data from statistics agency CAPMAS showed on Wednesday, coming in below expectations in a Reuters poll. The median forecast of 13 analysts polled by Reuters was for annual urban consumer...Reuters
Wed, Sep 10
US holiday sales set for slowest growth since pandemic, Deloitte report forecasts
By Neil J Kanatt and Anshi Sancheti Sept 10 - U.S. holiday sales are projected to grow at their slowest pace since the pandemic, Deloitte said in a forecast released on Wednesday, as macroeconomic uncertainties weigh on consumer spending. WHY IT'S IMPORTANTHoliday shopping is a critical s...Reuters
Wed, Sep 10
PRESS DIGEST-British Business - September 10
Sept 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesAnglo American AAL.L and Teck Resources TECKb.TO merge to create $50 billion copper powerhouse, putting ...Reuters
Wed, Sep 10
Russian drone incursions suspected into Poland, breaching NATO airspace – Reuters
Reuters reported early Wednesday that Poland placed its air defenses on high alert after Ukraine’s Air Force warned of a suspected Russian drone incursion into Polish airspace, breaching the North Atlantic Treaty Organization (NATO) airspace.Fxstreet
Wed, Sep 10
US payrolls benchmark revision estimate suggests labor market weaker than previously thought
Revision estimate comes days after weak August nonfarm payrollsJob growth was stalling before Trump's tariffs, estimate showsBLS revision estimate linked to birth-death model problemsBy Lucia Mutikani WASHINGTON, Sept 9 (Reuters) - The U.S. economy likely created 911,000 fewer jobs in the 12 ...Reuters
Wed, Sep 10
