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Fed: Dovish cuts and balance sheet risks – BNY
BNY’s John Velis expects the Federal Reserve to deliver more easing than markets discount, projecting three rate cuts versus two implied by futures as US labor market conditions deteriorate. He argues that economics, not the new chair’s hawkish or dovish leanings, will drive decisions.Fxstreet
Tue, Feb 10
French wine, spirits exports lose fizz for third year as trade tensions hit
By Sybille de La Hamaide PARIS, Feb 10 (Reuters) - French wine and spirits exports fell for a third consecutive year in 2025 as U.S. tariffs and duties in China hurt sales, and the outlook remains challenging, industry group FEVS said on Tuesday. French wine and spirits exports dropped 8% to...Reuters
Tue, Feb 10
German 10-year yields inch lower as markets watch regional politics
German 10-year yield drops amid political shiftsUK political tensions affect British 10-year gilt yieldUS economic data may influence Federal Reserve policy expectationsBy Sophie Kiderlin LONDON, Feb 10 (Reuters) - Euro zone bond yields were broadly steady on Tuesday as investors weighed the pot...Reuters
Tue, Feb 10
South Korea Science Ministry Says Coupang Data Leak Result Of Coupang Management Failures
Feb 10 (Reuters) - Coupang Inc CPNG.N:SOUTH KOREA SCIENCE MINISTRY: COUPANG DATA LEAK CLEARLY RESULT OF COUPANG MANAGEMENT FAILURES, NOT SOPHISTICATED ATTACKSOUTH KOREA SCIENCE MINISTRY: CANNOT COMMENT WHETHER DATA BREACH INVOLVED ONE OR MULTIPLE ATTACKERS, AWAITS POLICE INVESTIGATION RESULTSReuters
Tue, Feb 10
South Korea says Coupang must address security loopholes in probe of data breach
Coupang data breach affected 33.7 million customers, probe findsFormer engineer accused of exploiting authentication vulnerabilitiesPolice and data watchdog continue separate investigations into data leakBy Heekyong Yang and Hyunjoo Jin SEOUL, Feb 10 (Reuters) - South Korean authorities said on T...Reuters
Tue, Feb 10
GBP/USD tilts bullish as markets barrel toward mid-week NFP print
GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average (EMA) at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.Fxstreet
Tue, Feb 10
