News
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Bund yields rise but head for weekly drop, gap with US Treasuries narrows
US Treasury-Bund gap narrowsECB still seen firmly on hold after data, accountBTP-Bund spread hits fresh 15-year lowBy Stefano Rebaudo Nov 28 (Reuters) - Euro zone benchmark bond yields rose slightly on Friday, but were set for a second straight modest weekly decline as traders stuck to their expe...Reuters
Fri, Nov 28
FACTBOX-Schedule for US economic data delayed by government shutdown
Nov 28 (Reuters) - The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the recent federal government shutdown.Following are the latest release dates for data that was missed during th...Reuters
Fri, Nov 28
Germany's Merz urges EU to ease 2035 combustion engine ban
Coalition agrees exemptions should be made to EU rulesEU commission to present updated plans on December 10German carmakers want flexibility in face of slow EV uptakeEnvironmental lobby criticises bid to weaken targetBy Sarah Marsh and Rachel More BERLIN, Nov 28 (Reuters) - German Chancellor Frie...Reuters
Fri, Nov 28
Platinum hits $1,650, highest in over a month – Commerzbank
Platinum climbed to $1,650 this week as China launched physically settled futures and options, increasing transparency and attracting industrial, jewelry, and investor participation, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Fri, Nov 28
German inflation rises more than expected; labour market, retail sales weak
German jobless rate unchanged at 6.3%, labour demand slowsInflation steady in key states of Europe's largest economyRetail sales fall 0.3%, weak growth expected for holiday seasonBy Maria Martinez BERLIN, Nov 28 (Reuters) - German inflation accelerated more than expected in November, reaching...Reuters
Fri, Nov 28
India posts fastest growth in six quarters, cushions against trade strains
India's growth driven by consumer spending, export front-loadingGovernment sees demand, easing inflation to support growthManufacturing output up 9.1%, private consumption rose 7.9%By Nikunj Ohri and Manoj Kumar NEW DELHI, Nov 28 (Reuters) - India's economy grew at its fastest pace in...Reuters
Fri, Nov 28
Germany annual CPI inflation stays unchanged at 2.3% in November
Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 2.3% in November's preliminary estimate, Germany's Federal Statistical Office reported on Friday. This reading came in below the market expectation of 2.4%.Fxstreet
Fri, Nov 28
Europe: Markets shrug off risks amid fiscal challenges and diplomatic shifts – Rabobank
According to Rabobank, European markets have shown remarkable resilience this week, shrugging off France's fiscal woes and the European Commission's Excessive Deficit Procedure for eight countries.Fxstreet
Fri, Nov 28
German inflation rises more than expected to 2.6% in November
BERLIN, Nov 28 (Reuters) - German inflation rose more than expected, to 2.6% year on year in November, preliminary data from the federal statistics office showed on Friday. Analysts polled by Reuters had forecast EU-harmonised inflation nudging up to 2.4% from last month's 2.3%.Reuters
Fri, Nov 28
Brazil's jobless rate falls to record low in quarter through October
SAO PAULO, Nov 28 (Reuters) - Brazil's jobless rate hit an all-time low in the three months through October, data from statistics agency IBGE showed on Friday, coming in below market expectations despite high interest rates. Unemployment in Latin America's largest economy stood at 5.4...Reuters
Fri, Nov 28
