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Takaichi wins LDP race, markets cheer stimulus tilt – BBH
Sanae Takaichi was elected leader of Japan's ruling Liberal Democratic Party (LDP), putting her on course to become the country's first female prime minister once parliament confirms her appointment on October 15, BBH FX analysts report.
Fxstreet
Mon, Oct 6
Nikkei 225 breaks higher, targets 49,300 – Société Générale
The Nikkei 225 has surged past its September high with an upward gap, reinforcing bullish momentum. While the move appears stretched, there are no clear signs of a meaningful correction, Société Générale's FX analysts note, Société Générale's FX analysts note.Fxstreet
Mon, Oct 6
German unemployment expected to fall as economy gains pace, source says
By Holger Hansen BERLIN, Oct 6 (Reuters) - Germany's unemployment level is expected to fall in the two next years as the long-awaited recovery of Europe's biggest economy gathers pace, a source told Reuters on Monday, citing government forecasts. The forecasts, first published by Reuters ...Reuters
Mon, Oct 6
EUR/JPY breaks 2024 highs, momentum accelerates – Société Générale
EUR/JPY has surged past its 2024 and September highs, confirming renewed bullish momentum. A short-term pullback toward 175.00/174.70 could attract buyers, keeping the broader uptrend intact with upside targets at 177.60 and 178.80, Société Générale's FX analysts note.
Fxstreet
Mon, Oct 6
US tariff impact on Japan corporate profits uncertain, BOJ official says
TOKYO, Oct 6 (Reuters) - Japan's trade agreement with the United States has reduced uncertainty over the economic outlook, though it is hard to assess the extent of the impact from U.S. tariffs on corporate profits, a senior Bank of Japan official said on Monday."Wage increases will likely c...Reuters
Mon, Oct 6
Hotel prices lead countries to consider skipping COP30 climate summit
Location aims to draw attention to the importance of rainforestUp to 45,000 delegates expected, Belem usually has 18,000 roomsSmall island states say reduced delegations would be less effectiveBy Kate Abnett BRUSSELS, Oct 3 (Reuters) - Dozens of countries have yet to secure accommodation at next ...Reuters
Mon, Oct 6
EUR/GBP strengthens to near 0.8700 ahead of Eurozone Retail Sales data
The EUR/GBP cross loses ground to around 0.8715 during the early European session on Monday. The Pound Sterling (GBP) weakens against the Euro (EUR) amid growing United Kingdom (UK) labor market concerns. The Eurozone Retail Sales report for August will be released later on Monday.
Fxstreet
Mon, Oct 6
Vietnam's economy accelerates despite dip in US exports, footwear drop
Vietnam Q3 GDP up 8.23%, supporting government growth targetExports to US fall for second straight month as tariffs bite Footwear exports to US down 27% in September from AugustBy Khanh Vu and Phuong Nguyen HANOI, Oct 6 (Reuters) - Vietnam's economy accelerated in the third quarter, despite a...Reuters
Mon, Oct 6
FACTBOX-US government shutdown: How it affects key economic data publishing
Oct 6 (Reuters) - The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30. The closure has shut off the flow of key economic data at a moment ...Reuters
Mon, Oct 6
