News
Important Only
Trump says inflation will be at 1.5% "pretty soon"
US President Donald Trump hit the newswires with his standard array of comments touching on multiple trade deals that remain unofficial and unfinalized, as well as broad claims about the US economy, and issuing a premonition that inflation will reach 1.5% "pretty soon", a level of inflation that hasFxstreet
Mon, Nov 10
Trump says US faces 'economic disaster' if Supreme Court rules against tariffs
WASHINGTON, Nov 10 (Reuters) - U.S. President Donald Trump on Monday said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.Trump said his administration pla...Reuters
Mon, Nov 10
Travel booking platform Klook reveals robust revenue growth in US IPO filing
By Prakhar Srivastava Nov 10 (Reuters) - SoftBank-backed Klook reported more than a 24% jump in revenue in 2024, the online travel booking platform disclosed in its filing for a U.S. initial public offering on Monday, signaling steady investor demand even as the government remains shut.The U.S. I...Reuters
Mon, Nov 10
Hungary eyes US financial shield as EU funds remain frozen
Hungary seeks US financial support amid EU funding freezeOpposition leader demands details on US agreementForint hits 1-1/2-year high after US sanctions waiverBy Gergely Szakacs BUDAPEST, Nov 10 (Reuters) - Hungary, looking for alternatives to EU funding, is developing a framework deal with Washi...Reuters
Mon, Nov 10
WRAPUP 1-Fed policymakers divided over need for more rate cuts
Fed officials gear up rate-cut debate ahead of December meetingMusalem sees limited scope for more easing amid high inflationDaly says her eye is on inflation, but also cooling labor demandMiran repeats lone call for steep rate cut next monthBy Ann Saphir and Howard Schneider Nov 10 (Reuters) - U...Reuters
Mon, Nov 10
Swiss government declines comment on report new tariff deal with US is close
ZURICH, Nov 10 (Reuters) - The Swiss government declined to comment on Monday after Bloomberg reported the country was close to agreeing a deal with the U.S. that would reduce Washington's tariffs on its exports to 15%."The talks are ongoing and we do not comment further," a spokesman fo...Reuters
Mon, Nov 10
Fed's Miran calls again for big rate cut
Nov 10 (Reuters) - The Federal Reserve should cut interest rates by a half of a percentage point in December given the softening labor market and falling inflation, Governor Stephen Miran said on Monday, with a quarter-point cut a "minimum" appropriate move in his view."We've got new...Reuters
Mon, Nov 10
TREASURIES-US bonds fall as risk appetite rises on optimism about ending shutdown
Senate advances bill to end government shutdownFed officials cautious on further rate cuts amid inflation concernsU.S. Treasury to auction $58 billion in three-year notesBy Gertrude Chavez-Dreyfuss NEW YORK, Nov 10 (Reuters) - U.S. Treasuries fell on Monday, driving yields higher, as investors ch...Reuters
Mon, Nov 10
REFILE-Fewer Germans moving to US since Trump's inauguration, official data shows
BERLIN, Nov 10 (Reuters) - The number of people moving from Germany to the United States dropped sharply in 2025 following the start of President Donald Trump's second term, official data showed on Monday.Between January and September, emigration to the U.S. decreased by 17.8% year-on-year to ar...Reuters
Mon, Nov 10
Fed’s Musalem: US economy pretty resilient
Federal Reserve Bank of St. Louis President Alberto Musalem spoke in an interview with Bloomberg Television on Monday about the United States (US) economy. He stated that inflation is closer to 3% than to the 2% target and emphasized that “we have sufficient information to make policy decisions.”Fxstreet
Mon, Nov 10
Fed's Musalem: need to 'tread with caution,' little room to ease
Nov 10 (Reuters) - St. Louis Federal Reserve President Alberto Musalem on Monday said that with inflation closer to 3% than the central bank's 2% goal, the economy resilient, financial conditions accommodative and monetary policy close to neutral, the Fed should "tread with caution" on a...Reuters
Mon, Nov 10
Germany needs sweeping reform to regain competitiveness, minister says
BERLIN, Nov 10 (Reuters) - Germany must undertake sweeping reforms to regain its economic competitiveness, Economy Minister Katherina Reiche said on Monday, warning that the country is mired in a structural crisis."The situation is serious," Reiche said in a keynote speech in Berlin, adding ...Reuters
Mon, Nov 10
Fed's Daly: policy in good place, watching inflation and job market
Nov 10 (Reuters) - U.S. monetary policy is in a "good place" as the central bank watches inflation for signs of rising inflation and the labor market for evidence of further slowing, San Francisco Federal Reserve President Mary Daly said on Monday, repeating her view that policymakers need t...Reuters
Mon, Nov 10
Fed’s Daly: Looking to see if productivity gains continue
President of the Federal Reserve Bank of San Francisco Mary Daly spoke in an interview with Bloomberg Television on Monday regarding inflation and monetary policy. She mentioned that inflation has remained relatively stable in terms of goods prices.Fxstreet
Mon, Nov 10
Aluminium premium hits record in US on tariffs, global squeeze
Midwest premium up 155% since JanuaryUS aluminium imports from Canada 70% of totalUS consumers face intense competition for aluminiumBy Pratima Desai LONDON, Nov 10 (Reuters) - Premiums for consumers buying aluminium on the physical market in the U.S. have hit record highs, driven by steep import...Reuters
Mon, Nov 10
