News
Important Only
Canada's August trade deficit widens more than forecast as exports drop
By Promit MukherjeeOTTAWA, Oct 7 (Reuters) - Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion) as exports fell faster in both value and volume than the rise in imports on a monthly basis, official government statistics showed on Tuesday.The trade deficit in A...Reuters
Tue, Oct 7
Carlyle releases shadow labor report showing subdued US hiring in September
Oct 7 (Reuters) - Carlyle Group CG.O released a set of U.S. economic data on Tuesday, including a sharply lower estimate for September jobs growth, underscoring efforts by private firms to provide insights as the government shutdown stalls official statistics.The global investment firm estimated tha...Reuters
Tue, Oct 7
Palladium to reach $1,350 by the end of 2026 – Commerzbank
Palladium has also seen a considerable price increase of 44% since the beginning of the year – just yesterday, the price jumped up again. However, it is still lagging behind the other three major precious metals, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Tue, Oct 7
USD/CNH: Expected to trade in a range between 7.1340 and 7.1480 – UOB Group
US Dollar (USD) is expected to trade in a range between 7.1340 and 7.1480. In the longer run, upward momentum is starting to build; for a continued advance, USD must first break clearly above 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 7
Morale among small German firms shifts positive for first time since 2022
BERLIN, Oct 7 (Reuters) - Sentiment among small- and medium-sized German businesses nudged into positive territory for the first time since 2022, as slightly more firms showed optimism, a survey found on Tuesday.An index measuring the morale of roughly 1,200 "Mittelstand" companies that form...Reuters
Tue, Oct 7
