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China urges trade partners against tariffs as record surplus stirs tensions
China's Li Qiang says global economy under pressure from tariffsUrges IMF, World Bank, WTO chiefs to act to protect free tradeAnalysts say China's $1 trln trade surplus is driving tariff usePressure on China to reform to boost share of global consumptionBy Joe Cash BEIJING, Dec 9 (Reuters...Reuters
Tue, Dec 9
South African consumer confidence improves on holiday season optimism
Dec 9 (Reuters) - South Africa's consumer confidence improved in the fourth quarter to hit its highest reading for 2025, helped by consumers’ appetite to spend into the holiday season, a survey showed on Tuesday.The consumer confidence index, sponsored by First National Bank (FNB) and compiled b...Reuters
Tue, Dec 9
EUR/CHF rebounds sharply from 2024 lows – Société Générale
EUR/CHF has bounced strongly off the 0.9210 floor, reclaiming the 200-DMA and pushing into a major trendline near 0.9400, with a key resistance band at 0.9445–0.9500 now coming into focus, Société Générale's FX analysts note.
Fxstreet
Tue, Dec 9
BoJ’s Ueda: Approaching policy normalization path gradually
Bank of Japan (BoJ) Governor Kazuo Ueda said during the European trading session on Tuesday that the central bank is tightening monetary conditions gradually as underlying inflationary pressures are accelerating in wake of fiscal stimulus.
Fxstreet
Tue, Dec 9
RBA holds rates but warns of capacity strains – Standard Chartered
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 3.60% in a unanimous decision. Governor Bullock ruled out rate cuts in the interim, with a hold and a hike being considered. Our baseline remains for no change to the cash rate in either direction in 2026.Fxstreet
Tue, Dec 9
Two-thirds of German engineering firms expect tariff hit, lobby finds
BERLIN, Dec 9 (Reuters) - Two-thirds of German engineering companies expect a revenue knock due to U.S. tariffs, with almost half estimating such a revenue hit at more than 10%, according to a survey by the VDMA sector lobby.According to the survey of nearly 400 member companies, almost half (47%) r...Reuters
Tue, Dec 9
AI demand powers Taiwan November exports to fastest growth in 15-1/2 years
November exports hit a record in valueExports to US +182.3% y/y (prior month +144.3%)Exports to China +16.5% y/y (prior month +3.2%)December exports seen up 40%-45% y/y -ministryUncertainty of policy changes, geopolitical risks need monitoring, ministry saysBy Faith Hung and Roger TungTAIPEI, Dec 9 ...Reuters
Tue, Dec 9
German exports unexpectedly rise in October due to EU trade
Exports up 0.1% on the month vs forecast 0.5% fallUS, Chinese exports decrease strongly in OctoberGerman exports back to sluggish growth, says analystBy Maria Martinez BERLIN, Dec 9 (Reuters) - German exports rose slightly in October, confounding expectations for a decline thanks to European Unio...Reuters
Tue, Dec 9
EUR/GBP posts modest gains above 0.8700 amid BoE rate cut outlook
The EUR/GBP cross posts modest gains near 0.8735 during the early European trading hours on Tuesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) amid expectations that the Bank of England (BoE) will cut interest rates in the policy meeting next week.
Fxstreet
Tue, Dec 9
French PM gambles on crucial social security vote
Vote on social security budget set for Tuesday afternoonPM won Socialist backing but lost some centrist alliesDefeat could jeopardize entire 2025 budget passage PARIS, Dec 9 (Reuters) - France's social security budget faces a knife-edge vote on Tuesday that could trigger a fresh political cr...Reuters
Tue, Dec 9
BoJ‘s Ueda: Certainty of central bank's outlook materialising is increasing gradually
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that certainty of central bank's outlook materialising is increasing gradually. Ueda added that he will adjust degree of monetary easing if economic and prices trends move in line with forecasts.Fxstreet
Tue, Dec 9
