News
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White House's Hassett on credit markets: optimistic we can stay ahead of curve
WASHINGTON, Oct 17 (Reuters) - White House economic adviser Kevin Hassett said on Friday that banks have ample reserves and that he was optimistic that credit markets could stay ahead of the curve.Markets should realize there is a new administration in the United States, Hassett, director of the Nat...Reuters
Fri, Oct 17
Indian solar firms tweaking supply chains to navigate US tariffs
By Sethuraman N R NEW DELHI, Oct 17 (Reuters) - Indian solar manufacturers have begun recalibrating their supply chains to maintain access to the lucrative United States market and offset higher tariffs, according to executives.U.S. President Donald Trump's tariffs of up to 50% on most export...Reuters
Fri, Oct 17
Brazil's BNDES approves $312 mln financing for Embraer jet exports to SkyWest
RIO DE JANEIRO, Oct 17 (Reuters) - Brazil's state development bank has approved 1.7 billion reais ($312.3 million) in financing for the export of 13 Embraer aircraft to U.S. SkyWest Airlines, it said in a statement on Friday.The financing will be paid in U.S. dollars by SkyWest, BNDES said, addi...Reuters
Fri, Oct 17
USD/CNH has a chance to drop to 7.1130 – UOB Group
Downward momentum continues to increase, and there is scope for US Dollar (USD) to test 7.1130. 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
Fri, Oct 17
SEK: The unusual winner – ING
The Swedish krona is the second-best performer this week, rising even more than the euro as equities sold off yesterday. This sounds rather odd given SEK’s usually high beta (especially relative to the euro) to risk assets, ING's FX analyst Francesco Pesole notes.
Fxstreet
Fri, Oct 17
USD/CNH: Lower fix again – OCBC
USD/CNY fix was set lower at 7.0949 and below 7.10 for a 3rd consecutive session. USD/CNH last seen at 7.1280 levels, largely in line with yesterday spot despite the USD/CNY fix going lower, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Oct 17
BoE’s Pill: Favors a more cautious monetary easing approach
Bank of England (BoE) Chief Economist Huw Pill said in a speech at the Institute of Chartered Accountants in England and Wales Annual Conference 2025 in London on Friday that the United Kingdom (UK) central bank must avoid cutting interest rates “too far and too fast” as inflationary pressures conti
Fxstreet
Fri, Oct 17
India considers easing certain Chinese import curbs amid growing reliance, say sources
Commerce ministry, NITI Aayog back cheaper raw materials importsRules eased on some Chinese imports to boost manufacturingPolicy review follows after U.S. tariff hikes in AugustImports from China hit $91 bln, widening trade gap By Manoj Kumar NEW DELHI, Oct 17 (Reuters) - India's trade minis...Reuters
Fri, Oct 17
China's fiscal revenue picks up pace, officials vow early 2026 bond sales
BEIJING, Oct 17 (Reuters) - China's September fiscal revenue growth picked up from August, finance ministry officials said on Friday, vowing to start issuing 2026 bonds early to give the economy an extra boost. The 2.6% increase in fiscal revenue last month quickened from 2% growth in Augus...Reuters
Fri, Oct 17
In China, global companies struggle as home-grown brands steal thunder
For many companies, business in China has changed for the long term as a fragile economy and sluggish consumer demand are forcing executives to rethink their brand strategy and compete with rising home-grown rivals.Reuters
Fri, Oct 17
Europe's patchwork of regulations is holding investors back, says German banking head
Europe's regulation fragmentation hinders investment in GermanyGermany aims to attract private capital Investments in climate, AI, and defence are in demandBy Christian Kraemer and Maria Martinez WASHINGTON, Oct 17 (Reuters) - International investors have shown renewed interest in Germany at ...Reuters
Fri, Oct 17
China's January-September fiscal revenue up 0.5% y/y
BEIJING, Oct 17 (Reuters) - China's fiscal revenue increased 0.5% in the first nine months of 2025 from a year earlier, following a gain of 0.3% in the January-August period, the finance ministry said on Friday.Fiscal expenditure was up 3.1% on the year in the January-September period, unchanged...Reuters
Fri, Oct 17
