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German inflation confirmed at 2.3% in October
BERLIN, Nov 12 (Reuters) - German inflation slowed slightly in October to 2.3%, the federal statistics office said on Wednesday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.4% year-on-year in September.The statistics...Reuters
Wed, Nov 12
ECB's Villeroy sees 0.5% impact on France's 2025 GDP from global, domestic uncertainties
PARIS, Nov 12 (Reuters) - ECB policymaker Francois Villeroy de Galhau expects an impact of 0.5% on France's gross domestic product from global and domestic uncertainties, he told France's TF1 on Wednesday.Villeroy, who is also the governor of the Bank of France, said uncertainty around the F...Reuters
Wed, Nov 12
Japan to pledge bold spending increase in stimulus package, draft shows
By Takaya YamaguchiTOKYO, Nov 12 (Reuters) - Japan's government will pledge to increase spending "without hesitation" to support an economy on the cusp of emerging from stagnation, according to a draft of premier Sanae Takaichi's stimulus package seen by Reuters on Wednesday.While th...Reuters
Wed, Nov 12
Japan's Takaichi: We cannot say that Japan has emerged from deflation
Japan Prime Minister Sanae Takaichi said on Wednesday that we cannot say that Japan has emerged from deflation. Takaichi further stated that she hopes for Bank of Japan (BOJ) to conduct policy so that Japan sees sustainable achievement of price target.Fxstreet
Wed, Nov 12
Vietnam eyes tariff deal soon, as US seeks to cut huge trade deficit
Vietnam aims to finalise trade deal with US amid ongoing negotiationsWashington seeks to reduce trade deficit with Vietnam, largest after China and MexicoTalks focus on tariff exemptions for Vietnamese goods, preferential access for US productsBy Khanh Vu and Francesco Guarascio HANOI, Nov 12 (Re...Reuters
Wed, Nov 12
TREASURIES-US government bonds rally as soft labour data points to rate cuts
SINGAPORE, Nov 12 (Reuters) - U.S. government bonds rallied in early Asia trade on Wednesday after a private survey pointed to weakness in the labour market, raising investor expectations for further interest rate cuts.Benchmark 10-year yields US10YT=TWEB were down 3.1 basis points at 4.0791%, accor...Reuters
Wed, Nov 12
US lost jobs through late October, new private-sector data shows
WASHINGTON, Nov 11 (Reuters) - U.S. firms were shedding more than 11,000 jobs a week through late October, payroll processor ADP said on Tuesday in its latest real-time estimate of job market trends.Though an ADP report last week estimated the U.S. overall added 42,000 jobs in...Reuters
Wed, Nov 12
