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China needs 4.17% annual GDP growth to meet 2035 goal, publication shows
BEIJING, Oct 31 (Reuters) - China is confident it will achieve an annual average growth rate of 4.17% over the next decade, the level needed for it to become a medium-level developed country in terms of GDP per capita by 2035, said an official book outlining proposals for the next five-year plan....Reuters
Fri, Oct 31
An October to remember for bruised global bond markets
UK yields set for biggest monthly drop since December 2023 French, German yields set for biggest drops since April turmoilInflation, rates outlook help bonds, but high debt weighs Japan borrowing costs also set to end Oct with notable fallsBy Yoruk Bahceli and Dhara Ranasinghe LONDON, Oct 30 (Reu...Reuters
Fri, Oct 31
Euro zone government bond yields set for slight weekly rise after Fed, ECB
By Stefano RebaudoEuro zone government bond yields were on track for a second straight weekly rise, following a hawkish signal by the Federal Reserve and an uneventful European Central Bank meeting.The ECB kept interest rates unchanged at 2% and reiterated that policy was in a "good place" a...Reuters
Fri, Oct 31
ECB’s Rehn: There are both upside and downside risks to inflation and growth
European Central Bank (ECB) Governing Council member and Governor of Bank of Finland Olli Rehn said during the European session on Friday that the decision by the Eurozone central bank to leave interest rates unchanged was justified.
Fxstreet
Fri, Oct 31
German retail sales rise in September
Oct 31 (Reuters) - German retail sales rose in September, increasing by 0.2% compared with the previous month, official data showed on Friday. Analysts polled by Reuters had predicted a 0.2% increase. The federal statistics office publishes more details on its website.Reuters
Fri, Oct 31
Taiwan reports progress on trade talks with US after officials meet at APEC
By Fabian Hamacher GYEONGJU, South Korea, Oct 31 (Reuters) - Technical consultations for Taiwan-U.S. trade talks have been "largely finalised" and document exchanges are now underway, Taiwan's delegation to the APEC summit in South Korea said on Friday, marking progress in the protrac...Reuters
Fri, Oct 31
Barclays sees no further ECB rate cuts before end-2026 after policy decision
Oct 31 (Reuters) - Barclays revised its forecast for the European Central Bank's rate trajectory, expecting it to keep interest rates steady in its December meeting from its earlier view of a quarter point cut, after the ECB kept rates unchanged on Thursday. The ECB kept interest rates st...Reuters
Fri, Oct 31
