News
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Holiday Inn owner IHG hit by ongoing US weakness
US RevPAR fell 1.6%, versus last year's 1.2% growthIHG expects to meet 2025 profit, earnings expectationsCEO says US continues to see softer trading conditionsBy Raechel Thankam Job Oct 23 (Reuters) - InterContinental Hotels Group IHG.L flagged persistent weakness in the U.S. market on Thursd...Reuters
Thu, Oct 23
RPT-BREAKINGVIEWS-Argentina’s shock therapy short-circuits IMF
By Jon Sindreu LONDON, Oct 22 (Reuters Breakingviews) - Javier Milei's policy success and popularity are falling faster than Argentina's inflation rate. The president's harsh fiscal discipline and ill-advised peso propping will be tested in Sunday's congressional elections. They m...Reuters
Thu, Oct 23
Euro zone bond yields up as flight to safe havens eases
By Joice Alves LONDON, Oct 23 (Reuters) - Euro zone government bond yields edged up on Thursday shrugging off U.S. moves to impose sanctions on Russia and consider more trade restrictions on China, as the recent flight to safe-haven assets eased and investors awaited data for direction. U.S. Pres...Reuters
Thu, Oct 23
Morning News Call - Canada, October 23
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 EVENTS0830 Retail Sale...Reuters
Thu, Oct 23
Unilever CEO says US government shutdown has not dented consumer sentiment
By Yadarisa Shabong and Alexander Marrow Oct 23 (Reuters) - Unilever ULVR.L has not seen a significant impact on consumer sentiment so far from the government shutdown in its key U.S. market, the CEO of the consumer goods company said on Thursday. The shutdown is entering its fourth week amid a d...Reuters
Thu, Oct 23
SNB minutes offer little on negative rate debate – Rabobank
If the market had hoped that the publication of the minutes of the SNB’s latest policy meeting would lay bare the full array of the Governing Council’s thoughts on the pros and cons of negative rates, it will have been disappointed, Rabobank's FX analyst Jane Foley reports.
Germany facing budget gaps despite improved tax revenue forecast
Germany expects 33.6 billion euros more in tax revenues by 2029Budget shortfall remains despite positive economic outlookAll ministries will need to make cuts By Maria Martinez BERLIN, Oct 23 (Reuters) - Germany is facing a budget gap of more than 140 billion euros ($163 billion) up to 2029 and ...Reuters
Thu, Oct 23
USD/CNH: Likely to trade between 7.1220 and 7.1320 – UOB Group
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 23
BoE’s Dhingra: US tariffs to put downward pressure on UK inflation - Reuters
Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra said in a speech at a research conference hosted by Ireland's central bank on Thursday that the United States (US) tariff policy is a major drag on global growth and prices.
Fxstreet
Thu, Oct 23
Dallas Fed chief's rate target reform welcomed amid very uncertain timetable
Dallas Fed's Logan thinks now is time to weigh rate target reformsGiving up on federal funds rate makes sense to observersBig hurdles exist for any change in Fed rate target systemBy Michael S. Derby Oct 23 (Reuters) - A Federal Reserve official’s proposal to overhaul the central bank’s inter...Reuters
Thu, Oct 23
REFILE-Germany expects 33.6 billion euros more in tax revenues from 2025 to 2029
BERLIN, Oct 23 (Reuters) - Germany's council of tax experts expects 33.6 billion euros ($39.18 billion) more in tax revenues for the German state as a whole in the 2025-2029 period compared with the May forecast, updated projections showed on Thursday.For the federal government it expects no ch...Reuters
Thu, Oct 23
China pledges to build modern industrial system, advance tech self-reliance in 2026-2030
BEIJING, Oct 23 (Reuters) - China will build a modern industrial system and speed up efforts to achieve self-reliance in technology in 2026-2030, the official Xinhua news agency said on Thursday, citing the ruling Communist Party's Central Committee.China also aims to build a strong domestic mar...Reuters
Thu, Oct 23
USD: Holding pattern – ING
Based on yesterday’s price action, we reiterate our view that the USD’s rebound is getting tired and probably requires some hawkish repricing to keep going. As discussed over the week, we don’t think tomorrow’s US CPI will offer that opportunity as we expect a consensus 0.3% MoM core print.Fxstreet
Thu, Oct 23
Unilever CEO says US shutdown hasn't dented consumer sentiment for now
By Yadarisa Shabong and Alexander Marrow Oct 23 (Reuters) - Unilever's ULVR.L CEO Fernando Fernandez said the consumer goods company has not seen any significant impact on consumer sentiment at this stage from the government shutdown in its key market the United States.The U.S. government shu...Reuters
Thu, Oct 23
