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Fed's Waller: Labor market weak, but Fed should move in cautious quarter-point cuts - CNBC
WASHINGTON, Oct 10 (Reuters) - U.S. Federal Reserve Governor Christopher Waller said private data shows the job market remains weak and buttresses the case for further rate cuts, but added the central bank need only move in "cautious" quarter percentage point steps as it evaluates the econom...
Reuters
Fri, Oct 10
Mexico Industrial Output (YoY) registered at -3.6%, below expectations (-2.2%) in August
Mexico Industrial Output (YoY) registered at -3.6%, below expectations (-2.2%) in August
Fxstreet
Fri, Oct 10
USD/CNH: Likely to trade in a range between 7.1200 and 7.1550 – UOB Group
USD is expected to trade in a range between 7.1200 and 7.1550, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Oct 10
NZD/USD: Unlikely to reach the major support at 0.5690 today – UOB Group
New Zealand Dolla (NZD) is likely to decline further but is unlikely to reach the major support at 0.5690 today (there is another support level at 0.5720).
NZD/USD
Fxstreet
Fri, Oct 10
India Bank Loan Growth rose from previous 10.3% to 10.4% in September 15
India Bank Loan Growth rose from previous 10.3% to 10.4% in September 15
Fxstreet
Fri, Oct 10
Morning News Call - Canada, October 10
(Morning News Call - Canada edition will not be published on Monday, October 13, on account of the Thanksgiving Day holiday) To access a PDF version of this newsletter, pleaseclick hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter thro...
Reuters
Fri, Oct 10
Michigan Consumer Sentiment Index seen worsening for the third consecutive month in October
In the absence of the US federal government’s data releases due to the shutdown, the preliminary figures of its monthly Consumer Confidence Index, released by the University of Michigan (UoM), are expected to gain extraordinary relevance on Friday.
Fxstreet
Fri, Oct 10
Poor outlook for Copper supply, good outlook for Nickel supply – Commerzbank
The price of Nickel has seen the weakest performance among the major base metals this year and has recently even fallen behind zinc, which had previously been the worst performer.
Fxstreet
Fri, Oct 10
Canada jobs data in docus ahead of rate decisions – ING
Market attention turns to Canadian jobs data, with the unemployment rate expected to tick up to 7.2%. A weaker-than-expected report could reignite speculation of an earlier rate cut in October, adding pressure on the Loonie.
USD/CAD
Fxstreet
Fri, Oct 10
Tesla's September China-made EV sales rise 2.8% year on year
BEIJING, Oct 10 (Reuters) - Tesla's TSLA.O sales of Chinese-made EVs rose 2.8% year-on-year in September to 90,812, ending a two-month decline as its new six-seater began deliveries in China, data from the China Passenger Car Association showed on Friday.The data comes after news that the U.S. a...
Reuters
Fri, Oct 10
LME Copper breaks out, eyes 2024 high at 11,100 – Société Générale
LME Copper has surged past the upper boundary of its prolonged consolidation phase, setting its sights on the 2024 peak near 11,100. While a brief consolidation cannot be ruled out, momentum indicators show no clear signs of reversal.
Fxstreet
Fri, Oct 10
Portugal Global Trade Balance increased to €-8.622B in August from previous €-8.904B
Portugal Global Trade Balance increased to €-8.622B in August from previous €-8.904B
Fxstreet
Fri, Oct 10
Tesla's September China-made EV sales rise 2.8% year on year
BEIJING, Oct 10 (Reuters) - Tesla TSLA.O's China-made electric vehicle sales increased 2.8% in September from a year earlier, ending a two-month decline as its new six-seater began deliveries in China, data from the China Passenger Car Association showed on Friday, while the U.S. automaker's...
Reuters
Fri, Oct 10
Greek industrial output drops 2.9% y/y in August
Oct 10 (Reuters) - Greek industrial output declined by 2.9% year-on-year in August, after a 0.5% drop in July, data from statistics service ELSTAT showed on Friday.A breakdown of index components showed manufacturing production fell 0.8% from the same month in 2024. Electricity output was dropped by...
Reuters
Fri, Oct 10
Greece Industrial Production (YoY) dipped from previous -0.5% to -2.9% in August
Greece Industrial Production (YoY) dipped from previous -0.5% to -2.9% in August
Fxstreet
Fri, Oct 10
ECB’s Kazaks: ECB rate at 2% is appropriate
European Central Bank (ECB) policymaker Martins Kazaks said on Friday that “ECB rate at 2% is appropriate.”
EUR/USD
Fxstreet
Fri, Oct 10
COLUMN-Russian debt may still pay out, but the clock is ticking: Weidemaier and Gulati
By Mark Weidemaier and Mitu GulatiOct 10 (Reuters) - Holders of Russian foreign debt surely wish U.S. President Donald Trump had fulfilled his promise to bring the war in Ukraine to a quick end, as payments on most instruments have been on hold since Russia’s invasion began. The clock for making cla...
Reuters
Fri, Oct 10
ECB's Escriva: Inflation remains contained
European Central Bank Governing Council member Jose Luis Escriva said on Friday, “inflation remains contained.”
EUR/USD
Fxstreet
Fri, Oct 10
Italy Industrial Output w.d.a (YoY) registered at -2.7%, below expectations (0.5%) in August
Italy Industrial Output w.d.a (YoY) registered at -2.7%, below expectations (0.5%) in August
Fxstreet
Fri, Oct 10
Italy Industrial Output s.a. (MoM) came in at -2.4% below forecasts (-0.4%) in August
Italy Industrial Output s.a. (MoM) came in at -2.4% below forecasts (-0.4%) in August
Fxstreet
Fri, Oct 10
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