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France's budget built on shaky ground, fiscal watchdog warns
PARIS, Oct 14 (Reuters) - The French government's 2026 budget plans are based on rosy economic assumptions and its belt-tightening measures may fall short or never even take shape, the independent fiscal watchdog said on Tuesday.Reappointed on Friday, Prime Minister Sebastien Lecornu is racing t...Reuters
Tue, Oct 14
The path of least resistance is not always the right one – Commerzbank
Following the US President's announcement on Monday night of a de-escalation in the tariff conflict with China, it was no surprise that the USD was able to recoup its losses from Friday. For weeks, we have been discussing when EUR-USD will finally break through the 1.18 level on a sustained basis.
Fxstreet
Tue, Oct 14
No sign of German recovery in Q3, says economy ministry
BERLIN, Oct 14 (Reuters) - Economic indicators are not yet pointing to third-quarter recovery in Europe's biggest economy as slowing global momentum and higher U.S. tariffs dampen exports, the economy ministry said on Tuesday. In its monthly report, the ministry also said that domestic sectors...Reuters
Tue, Oct 14
German final inflation confirmed at 2.4% in September
BERLIN, Oct 14 (Reuters) - German inflation rose slightly in September to 2.4%, the federal statistics office said on Thursday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.1% year-on-year in August.The statistics off...Reuters
Tue, Oct 14
EUR/JPY remains subdued around 176.00 ahead of Germany’s ZEW Survey data
EUR/JPY loses ground for the fourth consecutive session, trading around 176.00 during the Asian hours on Tuesday. The currency cross loses ground as the Japanese Yen (JPY) recovers its losses from the previous session due to the possible intervention by the Japanese authorities.
Fxstreet
Tue, Oct 14
Japan’s Kato: Recently seeing one-sided, rapid moves
Japanese Finance Minister Katsunobu Kato said on Tuesday that he has recently seen one-sided and rapid moves in the foreign exchange. Kato added that it’s important for currencies to move in a stable manner, reflecting fundamentals.Fxstreet
Tue, Oct 14
