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Swiss exports to US surge in September as pharma shipments rise ahead of tariff threat
ZURICH, Oct 21 (Reuters) - Swiss exports to the United States rebounded sharply in September, with pharmaceutical companies ramping up their shipments to get ahead of potential U.S. tariffs, government data showed on Tuesday.Total nominal Swiss exports to the United States leapt by nearly 43% last m...
Reuters
Tue, Oct 21
Pultegroup Q3 profit falls on weaker margins amid slowing home sales
Oct 21 (Reuters) - Homebuilder Pultegroup PHM.N on Tuesday posted a 16% fall in third-quarter profit as buyer incentives squeezed home sales margins amid high interest rates and persistent inflation.U.S. builders have leaned on mortgage-rate buydowns and smaller homes to keep deals moving, a strateg...
Reuters
Tue, Oct 21
Fed to cut Federal Funds rate by 25 bps to 3.75%-4.00% range on October 29 – Reuters
According to a poll by Reuters, 115 of 117 economists have predicted that the Federal Reserve (Fed) will reduce interest rates by 25 basis points (bps) to 3.75%-4.00% in the monetary policy announcement on October 29.
Fxstreet
Tue, Oct 21
PulteGroup's Q3 home sale revenue falls 2%
OverviewPulteGroup Q3 home sale rev decreases 2% yr/yr to $4.2 blnNet income for Q3 falls to $586 mln from $698 mln last yearCompany repurchased 2.4 mln common shares for $300 mln in the quarterOutlookCompany monitoring buyer demand affected by consumer confidence and affordability challengesResult ...
Reuters
Tue, Oct 21
3M raises 2025 profit forecast
Oct 21 - Industrial giant 3M MMM.N raised its annual profit forecast on Tuesday, driven by its cost-cutting measures and a strategic shift toward high-margin products.The company expects full-year 2025 adjusted profit to be between $7.95 and $8.05 per share, compared with its previous forecast of $7...
Reuters
Tue, Oct 21
Stellantis In September 2025 +11.5% EU 30 Passenger Car Sales
Oct 21 (Reuters) - Stellantis NV STLAM.MI:+11,5% IN SEPTEMBER 2025 EU 30 PASSENGER CAR SALESIN Q3 2025 PASSENGER CAR SALES GREW BY +4.4% Y/Y, REACHING 422.000 IN TOTALOVERALL MARKET SHARE IN Q3 REACHED 15.4% ACROSS EU COUNTRIES, WITH SALES OF 549,000 UNITS OF PASSENGER CARS, LIGHT COMMERCIAL VEHICLE...
Reuters
Tue, Oct 21
NBH set to hold at 6.50% – BBH
The National Bank of Hungary (NBH) is widely expected to keep the base rate unchanged at 6.50%, BBH FX analysts report.
EUR/HUF
Fxstreet
Tue, Oct 21
USD/CNH: Likely trade between 7.1190 and 7.1300 – UOB Group
US Dollar (USD) could trade in a range, likely between 7.1190 and 7.1300. 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
Tue, Oct 21
USD/CAD holds firm ahead of CPI – BBH
USD/CAD is firmer near the top-end of a multi-day 1.4000-1.4080 range. Canada’s September CPI print is up next (1:30pm London, 8:30am New York), BBH FX analysts report.
USD/CAD
Fxstreet
Tue, Oct 21
United Kingdom NIESR GDP Estimate (3M): 5.294% (September) vs 0.3%
United Kingdom NIESR GDP Estimate (3M): 5.294% (September) vs 0.3%
Fxstreet
Tue, Oct 21
USD is firmer but range-bound as global yields ease – BBH
The US Dollar (USD) is modestly stronger against most major currencies but remains comfortably within the range established since June, as narrowing U.S.–G6 rate differentials curb the potential for further rallies.
Fxstreet
Tue, Oct 21
HUF: Rate hold to continue – Commerzbank
Hungary’s National Bank (MNB) will almost certainly leave its base rate unchanged at 6.50% today, leaving the overnight rate corridor unchanged as well. This decision aligns with the widely anticipated policy guidance for a prolonged hold.
EUR/HUF
USD/CZK
Fxstreet
Tue, Oct 21
Taiwan September export orders sharply beats forecasts on strong AI demand
Export orders +30.5% y/y vs +17.8% Reuters poll forecastOrders from China +11.6% y/y vs -0.7% in prior monthMinistry sees 2025 full-year order value hitting recordMinistry sees October orders between +23.7% and +27.3% y/yMinistry cautious about outlook on US trade policy, geopolitical risksBy Faith ...
Reuters
Tue, Oct 21
Swiss exports to US surge in September as pharma shipments rise
ZURICH, Oct 21 (Reuters) - Swiss exports to the United States rebounded sharply in September, with pharmaceutical companies ramping up their shipments ahead of the introduction of U.S. tariffs, government data showed on Tuesday.Total nominal Swiss exports to the United States leapt by nearly 43% las...
Reuters
Tue, Oct 21
Japan’s Katayama aims to revitalize regions through finance
Newly appointed Japan’s Finance Minister (FM) Satsuki Katayama refuses to comment when asked about whether the Bank of Japan (BoJ) will hike interest rates further.
Fxstreet
Tue, Oct 21
China: On track for 5% GDP growth in 2025 despite 3Q slowdown – UOB Group
China’s 3Q25 GDP growth came in within market’s expectation at 4.8% y/y but the increased growth disparities highlight the risk of a sharper slowdown ahead as industrial production and exports cool.
Fxstreet
Tue, Oct 21
Tariffs hit quarterly US exports from Port of Antwerp-Bruges
Oct 21 (Reuters) - Exports from the Belgian Port of Antwerp-Bruges to the United States fell in the third quarter due to U.S. import duties, the port said on Tuesday.It did not specify by how much total exports were down, but said trade in steel had been particularly hit, falling more than a third f...
Reuters
Tue, Oct 21
Tokyo announces cabinet ministers after Sanae Takaichi becomes Japan’s Prime Minister
Recently appointed Japan’s Chief Cabinet Secretary Seiji Kihara announces the list of ministers during the European trading hours on Tuesday.
Fxstreet
Tue, Oct 21
Greece Current Account (YoY): €1.097B (August) vs €0.938B
Greece Current Account (YoY): €1.097B (August) vs €0.938B
Fxstreet
Tue, Oct 21
Canada CPI expected to rise in September, adding pressure to BoC easing plans
Statistics Canada will publish September’s inflation figures on Tuesday. The numbers will give the Bank of Canada (BoC) a fresh read on price pressure as the central bank weighs its next move on interest rates.
USD/CAD
Fxstreet
Tue, Oct 21
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