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EUR/JPY hovers around 172.50 as US-Japan tariff deal improves market sentiment
EUR/JPY holds ground after registering almost 1% losses in the previous two sessions, trading around 172.60 during the Asian hours on Wednesday. The currency cross moves little as the Japanese Yen (JPY) maintains its position after the Reuters Tankan index for manufacturers climbed to 13 in Septembe
Fxstreet
Wed, Sep 10
Egypt's annual urban consumer price inflation slows to 12% in August from 13.9% in July
Sept 10 (Reuters) - Egypt's annual urban consumer price inflation slowed to 12% in August from 13.9% in July, data from statistics agency CAPMAS showed on Wednesday, coming in below expectations in a Reuters poll. The median forecast of 13 analysts polled by Reuters was for annual urban consumer...Reuters
Wed, Sep 10
US holiday sales set for slowest growth since pandemic, Deloitte report forecasts
By Neil J Kanatt and Anshi Sancheti Sept 10 - U.S. holiday sales are projected to grow at their slowest pace since the pandemic, Deloitte said in a forecast released on Wednesday, as macroeconomic uncertainties weigh on consumer spending. WHY IT'S IMPORTANTHoliday shopping is a critical s...Reuters
Wed, Sep 10
PRESS DIGEST-British Business - September 10
Sept 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesAnglo American AAL.L and Teck Resources TECKb.TO merge to create $50 billion copper powerhouse, putting ...Reuters
Wed, Sep 10
Russian drone incursions suspected into Poland, breaching NATO airspace – Reuters
Reuters reported early Wednesday that Poland placed its air defenses on high alert after Ukraine’s Air Force warned of a suspected Russian drone incursion into Polish airspace, breaching the North Atlantic Treaty Organization (NATO) airspace.Fxstreet
Wed, Sep 10
US payrolls benchmark revision estimate suggests labor market weaker than previously thought
Revision estimate comes days after weak August nonfarm payrollsJob growth was stalling before Trump's tariffs, estimate showsBLS revision estimate linked to birth-death model problemsBy Lucia Mutikani WASHINGTON, Sept 9 (Reuters) - The U.S. economy likely created 911,000 fewer jobs in the 12 ...Reuters
Wed, Sep 10
US-China tensions drive business confidence to new lows, survey says
Record low optimism in five-year China business outlookGeopolitics, domestic competition, economic slowdown are biggest challengesUS-China tariffs expected to impact 2025 revenue for 64% of firmsBy Casey Hall SHANGHAI, Sept 10 (Reuters) - Political tensions, fierce domestic competition and China&...Reuters
Wed, Sep 10
US President Donald Trump urges EU to impose 100% tariffs on China, India to pressure Russia
US President Donald Trump has urged the European Union (EU) to impose 100% tariffs on Chinese and Indian goods in an effort to pressure Russian President Vladimir Putin, the Financial Times reported on Tuesday.Fxstreet
Tue, Sep 9
When is the China CPI, and how could it impact AUD/USD?
The latest Chinese Consumer Price Index (CPI) inflation report for August is due early on Wednesday at 01:30 GMT. Headline Chinese CPI inflation is expected to contract, forecast to decline 0.2% YoY compared to the previous print of 0.0%.
Fxstreet
Tue, Sep 9
