News
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Indonesian president says will continue to negotiate with U.S.
JAKARTA, July 16 (Reuters) - Indonesian President Prabowo Subianto said on Wednesday that his government understood the interests of the United States in trade talks, and that the two countries will continue to negotiate even after reaching a deal on Tuesday.Reuters
Wed, Jul 16
US tariffs of 30% would dent, not stop, German growth, says IMK
BERLIN, July 16 (Reuters) - U.S. tariffs of 30% on imports from the EU, planned by President Donald Trump, could cost the German economy about a quarter of a percentage point in growth this year and next compared with current forecasts, the IMK institute said on Wednesday.Trump has said he will impo...Reuters
Wed, Jul 16
EUR/GBP pares gains above 0.8650 after hotter UK CPI inflation data
The EUR/GBP cross trades in positive territory near 0.8675 during the early European session on Wednesday. However, the Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
Fxstreet
Wed, Jul 16
Senegal raises $644 million in oversubscribed domestic bond offering
DAKAR, July 16 (Reuters) - Senegal has raised 364 billion CFA francs ($644 million) in its second public bond offering of 2025, exceeding its initial target of 300 billion CFA francs, the West African nation's finance ministry said in a statement on Tuesday.The issuance, which ran from June 19 t...Reuters
Wed, Jul 16
FACTBOX-Agreements between US, Indonesian firms in leadup to trade deal
JAKARTA, July 16 (Reuters) - U.S. President Donald announced a trade agreement with Indonesia that would see Washington lower its tariff rates to 19% from a threatened 32%.The deal includes increased Indonesian purchases of U.S. airplane, energy and farm products to help offset the nearly $18 billio...Reuters
Wed, Jul 16
Euro zone bond yields steady as markets digest inflation data
LONDON, July 16 (Reuters) - Euro zone government bond yields held steady on Wednesday, as markets pour over U.S. inflation figures released Tuesday that suggested tariffs are pushing up prices and sent U.S. Treasury yields to their highest in more than a month.The June CPI data out of the U.S. on Tu...Reuters
Wed, Jul 16
ECB’s Nagel: Politics with a steady hand required on monetary policy amid tariff turmoil
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said in a Handelsblatt interview published late Tuesday, “’politics with a steady hand’ is currently required to deal with the uncertainty unleashed by US President Donald Trump's latest tariff threat”
Fxstreet
Wed, Jul 16
PRESS DIGEST-British Business - July 16
July 16 (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 Times- British Chancellor Rachel Reeves criticised over-cautious regulators for stifling businesses, unveiling reforms t...Reuters
Wed, Jul 16
