News
Important Only
ANALYSIS-Asian investors flock to Gulf debt in hunt for yield and growth
Gulf-Asia trade reached $516 billion last year, doubling trade with the WestGulf to grow 3.9% this year, accelerate next year, IMF saysGulf bonds offer higher yields than Asian debt, attracting investorsAsian investors diversifying into alternate marketsBy Rachna Uppal and Yantoultra Ngui ABU DH...Reuters
Wed, Dec 10
China's deflationary strains persist even as consumer inflation hits 21-month high
CPI rises to 21-month high on food price spikePPI still stuck in negative territory Deflationary trend expected to persist through to next yearMore policy support expected as domestic demand remains weak BEIJING, Dec 10 (Reuters) - China's annual consumer inflation accelerated to a 21-month ...Reuters
Wed, Dec 10
Japan’s Takaichi says closely watching market moves
Japanese Prime Minister Sanae Takaichi said on Wednesday that it’s important for currencies to move in a stable manner and reflect fundamentals. Takaichi added that the government will take appropriate action against excessive and disorderly moves.Fxstreet
Wed, Dec 10
Trump defends economic record at Pennsylvania rally amid frustration over rising prices
White House grapples with voter anxiety about the economyPrices rise for beef and coffeeLocal residents express concerns over grocery billsBy Nandita Bose and Jarrett Renshaw MOUNT POCONO, Pennsylvania, Dec 9 (Reuters) - President Donald Trump tried to reassure Americans that the U.S. economy was...Reuters
Wed, Dec 10
China's consumer inflation quickens in November, producer deflation persists
BEIJING, Dec 10 (Reuters) - China's annual consumer inflation accelerated in November while producer deflation persisted, official data showed on Wednesday, as policymakers extended their campaign to curb overcapacity.The consumer price index (CPI) rose 0.7% from a year earlier, National Bureau ...Reuters
Wed, Dec 10
Trump targets Biden's Fed appointments with autopen allegations
By Nandita Bose MOUNT POCONO, Pennsylvania, Dec 9 (Reuters) - U.S. President Donald Trump on Tuesday asked his treasury secretary to investigate whether his predecessor Joe Biden used an autopen to sign the appointments of some Democratic members of the Federal Reserve's Board of Governors. ...Reuters
Wed, Dec 10
CORRECTED-Trump challenges Biden's Fed appointments with autopen allegations
MOUNT POCONO, Pennsylvania Dec 9 (Reuters) - U.S. President Donald Trump said he has heard that his predecessor Joe Biden used an autopen to sign the appointments of some Democratic members of the Federal Reserve's Board of Governors and suggested he could challenge the legality of those appoint...Reuters
Wed, Dec 10
Citi CFO expects investment banking fees to climb in fourth quarter
Citi expects Q4 investment banking fees to rise by mid-20s percentageMarkets revenue expected to decline by low-to-mid single digitsCiti aims to reduce transformation expenses in 2026By Arasu Kannagi Basil and Tatiana Bautzer NEW YORK, Dec 9 (Reuters) - Citigroup C.N Chief Financial Officer Mark ...Reuters
Tue, Dec 9
Eli Lilly to build $6 billion Alabama plant as part of US manufacturing push
Dec 9 (Reuters) - Eli Lilly LLY.N said on Tuesday it will invest more than $6 billion in a new active drug ingredient manufacturing facility in Huntsville, Alabama, to expand U.S. production and bolster medicine supply chains.The site, the third new U.S. facility announced by Lilly, will make small-...Reuters
Tue, Dec 9
FX Today: It’s the Fed; nothing else matters
The US Dollar (USD) managed to add to Monday’s optimism as market participants geared up for the last FOMC event of the year on Wednesday. Firm data from the weekly ADP report and JOLTS readings also reinforced the bullish move in the Greenback.
Fxstreet
Tue, Dec 9
White House adviser Hassett tells WSJ CEO Council: 'plenty of room' to cut rates
Front-runner for Fed chair spot says Trump trusts his judgmentTrump says his pick for Fed chair would need to support rate cuts Hassett says high inflation could derail rate cutsTrump's tariffs have helped cut deficit, leaving room for more stimulus: HassettBy Ann Saphir WASHINGTON, Dec 9 (R...Reuters
Tue, Dec 9
