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Morning News Call - Canada, January 9
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 Average hou...
Reuters
Fri, Jan 9
Brazil's annual inflation ends 2025 within target range, rate cuts seen ahead
By Marcela Ayres BRASILIA, Jan 9 (Reuters) - Brazil's annual inflation slowed more than the central bank and markets had anticipated, data from statistics agency IBGE showed on Friday, ending 2025 within the official target range at 4.26% and reinforcing expectations for monetary easing ahead...
Reuters
Fri, Jan 9
German exports fall unexpectedly, industrial production rises
Trade surplus narrows to 13.1 bln euros from 17.2 bln eurosExports to EU and US decline, imports from China riseIndustrial production rises, defying expectations of declineBy Maria Martinez BERLIN, Jan 9 (Reuters) - German exports unexpectedly fell while industrial output ticked up in November, o...
Reuters
Fri, Jan 9
NOK rises on hot December inflation print – BBH
The Norwegian Krone (NOK) jumped following December CPI data, with headline inflation surprising to the upside and reinforcing the Norges Bank’s cautious approach to easing, BBH FX analysts report.
USD/NOK
Fxstreet
Fri, Jan 9
Mexico Industrial Output (YoY) registered at -0.8% above expectations (-1.2%) in November
Mexico Industrial Output (YoY) registered at -0.8% above expectations (-1.2%) in November
Fxstreet
Fri, Jan 9
USD/CNH: Outlook for USD is neutral now – UOB Group
USD is likely to trade in a range between 6.9740 and 6.9900. In the longer run, outlook for USD is neutral now; it is likely to trade between 6.9660 and 7.0160, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jan 9
India Bank Loan Growth up to 14.5% in December 22 from previous 12%
India Bank Loan Growth up to 14.5% in December 22 from previous 12%
Fxstreet
Fri, Jan 9
Euro zone economy caps resilient 2025 with retail and industry boosts
Retail sales better than forecastGerman industry rebounds, orders surgeGerman exports, particularly to the U.S. remain weak FRANKFURT, Jan 9 (Reuters) - Euro zone retail sales rose more than expected in November and German industry continued to expand, offering further evidence that the currency ...
Reuters
Fri, Jan 9
US President Trump: Wishes US to own Greenland - NYT
United States (US) President Donald Trump said in an interview with New York Times (NYT) that he wants Washington to own Greenland whose ownership is psychologically important for the nation.
Fxstreet
Fri, Jan 9
Bund yields eye biggest weekly fall since March before US data
By Stefano Rebaudo Jan 9 (Reuters) - Euro area benchmark Bund yields were on track on Friday for their steepest weekly decline since March, after pulling back from near nine-month highs following weak economic data.Investors are expected to stay on the sidelines ahead of key U.S. economic data la...
Reuters
Fri, Jan 9
China probes competition among food delivery platforms to curb price war
BEIJING, Jan 9 (Reuters) - China will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba, aiming to rein in price wars that have eroded profits and contributed to deflationary pressures plaguing the economy.The State Council has decided...
Reuters
Fri, Jan 9
Portugal Global Trade Balance climbed from previous €-8.458B to €-7.543B in November
Portugal Global Trade Balance climbed from previous €-8.458B to €-7.543B in November
Fxstreet
Fri, Jan 9
Trump's Venezuela focus frustrates top aides worried about midterm elections
Some aides express unease about Trump's foreign policy focusWiles, Blair, Vance push for Trump to prioritize domestic issuesWhite House commissions poll to gauge support among Trump's baseBy Nandita Bose WASHINGTON, Jan 9 (Reuters) - President Donald Trump's focus on the brazen U.S. c...
Reuters
Fri, Jan 9
South Korea: BoK to ‘wait and see’ given mixed data – Standard Chartered
Markets expect more balanced GDP growth in 2026, though recent data does not support our view yet.
Fxstreet
Fri, Jan 9
USD/BRL pulls back after rejection at channel resistance – Société Générale
USD/BRL has retreated after failing to sustain a break above the upper boundary of its multi-month descending channel near 5.61/5.63 and the 200-day moving average around 5.50, Société Générale's FX analysts note.
Fxstreet
Fri, Jan 9
CAD: Canadian jobs data seen softening further in December – ING
December labour data are expected to show a mild contraction in Canadian employment and a rise in unemployment to 6.7%, reinforcing the view that the labour market is gradually loosening and limiting the case for near-term policy tightening by the Bank of Canada, ING's FX analyst Francesco Pesole no
USD/CAD
Fxstreet
Fri, Jan 9
GBP/USD: Likely to trade in a lower range of 1.3400/1.3535 – UOB Group
Downside risk appears to be building, but any Pound Sterling (GBP) weakness is likely part of a lower range of 1.3400/1.3535, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Fri, Jan 9
Greek industrial output rises 2.6% y/y in November
Jan 9 (Reuters) - Greek industrial output rose by 2.6% year-on-year in November, after a 6.4% increase in October, data from statistics service ELSTAT showed on Friday.A breakdown of index components showed manufacturing production rose 7.0% from the same month in 2024. Electricity output dropped by...
Reuters
Fri, Jan 9
US President Trump: I have cancelled previously expected second wave of attacks on Venezuela
In a latest post on his social media platform, Truth Social, US President Donald Trump said that “I have cancelled previously expected second wave of attacks on Venezuela.”
Fxstreet
Fri, Jan 9
EUR: SCOTUS tariff ruling seen as mild USD positive – ING
A Supreme Court ruling against Trump-era tariffs could marginally support the USD while improving global risk sentiment, favouring high-beta currencies such as the AUD and NZD.
EUR/USD
Fxstreet
Fri, Jan 9
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