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US President Donald Trump says he met with Swiss officials, signals progress on tariff dispute
US President Donald Trump said that he met with Swiss officials to discuss trade and other issues and announced additional trade talks, as the European nation seeks to reduce a tariff rate that ranks higher than any other developed nation, Bloomberg reported on Tuesday.Fxstreet
Wed, Nov 5
NZD/USD slumps below 0.5650 as New Zealand Unemployment Rate hits nine-year high
The NZD/USD pair tumbles to near 0.5640, the lowest since April 10, during the early Asian session on Wednesday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after New Zealand’s jobless rate rose to the highest in nine years in the third quarter (Q3).
Fxstreet
Wed, Nov 5
Tesla's UK car sales halve in October, New Automotive data shows
Nov 5 (Reuters) - Tesla's UK TSLA.O car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep falls the U.S. electric vehicle maker saw in other European countries.There were only 495 new Tesla UK registrations in the month, down ...Reuters
Wed, Nov 5
Jamaica sees 30% GDP hit from Hurricane Melissa, at least 75 dead in Caribbean
43 people confirmed dead in Haiti, 32 in JamaicaJamaica PM sees $6-7 billion economic hit in early estimateMelissa was among the Atlantic's strongest stormsClimate change fuels stronger storms across CaribbeanBy Zahra Burton and Sarah Morland KINGSTON, Nov 4 (Reuters) - Jamaican Prime Ministe...Reuters
Tue, Nov 4
Carney's first budget doubles Canada's deficit in attempt to counter US trade rift
Budget aims to counter US tariffs, boost defense spending, diversify tradeDeficit to rise to C$78.3 billion, up 116% from last yearEconomists question fiscal prudence of pro-growth investmentsKey opposition party studying budget By Promit Mukherjee, David Ljunggren and Maria ChengOTTAWA, Nov 4 (Reu...Reuters
Tue, Nov 4
INSTANT VIEW-Canada sees much higher deficits, slashes growth forecasts
TORONTO, Nov 4 (Reuters) - The Canadian government on Tuesday said its budget deficit for the 2025/26 fiscal year would almost double to C$78.3 billion from the C$42.2 billion it forecast last December. It blamed the deterioration on the damage done by U.S. tariffs and measures taken to counter them...Reuters
Tue, Nov 4
New Zealand’s Unemployment Rate rises to 5.3% in Q3 vs. 5.3% expected
New Zealand’s Unemployment Rate rose to 5.3% in the third quarter (Q3) from 5.2% in the second quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in line with the market consensus of 5.3%.Fxstreet
Tue, Nov 4
INSTANT VIEW-Canada sees much higher deficits, slashes growth forecasts
TORONTO, Nov 4 (Reuters) - The Canadian government on Tuesday said its budget deficit for the 2025/26 fiscal year would almost double to C$78.3 billion from the C$42.2 billion it forecast last December. It blamed the deterioration on the damage done by U.S. tariffs and measures taken to counter them...Reuters
Tue, Nov 4
