News
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German economy seen growing only 0.1% this year, IfW says
By Maria MartinezBERLIN, Sept 4 (Reuters) - Germany's economy is set to tread water this year despite firmer sentiment, with gross domestic product expected to edge up by 0.1% after two years of contraction, according to forecasts published by the Kiel Institute for the World Economy (IfW).Busin...Reuters
Thu, Sep 4
Swiss inflation in September remains at 0.2%
ZURICH, Sept 4 (Reuters) - Swiss inflation remained unchanged in August, government data said on Thursday, in the last read out on price increases before the Swiss National Bank's next interest rate decision later this month.Consumer prices rose by 0.2% in August compared with a year earlier, ac...Reuters
Thu, Sep 4
Altcoin season is loading as US Federal rate cut bets fuel optimism
The altcoins market upholds the reclaimed levels above $1.50 trillion as Bitcoin (BTC) loses its grip over the market. The growing anticipation of the US Federal Reserve reducing interest rates aligns with capital rotation in the crypto market, boosting the Altcoin Season chances.
Fxstreet
Thu, Sep 4
Poland - Factors to Watch September 4
WARSAW, Sept 4 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):POLISH PRESIDENT VISITS THE USAPresident Donald Trump on Wednesday said the U.S. could increase its troop presence in Poland and pledged to secure the co...Reuters
Thu, Sep 4
US President Donald Trump: We are going to get it done on Russia-Ukraine peace deal
US President Donald Trump said on Wednesday that he remains committed to pursuing a peace agreement between Russia and Ukraine, despite mounting uncertainty over the prospect of talks between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy, CBS News reported on Thursday.Fxstreet
Thu, Sep 4
US Dollar Index treads water above 98.00 ahead of ISM Services PMI
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous session and trading around 98.20 during the Asian hours on Thursday.Fxstreet
Thu, Sep 4
FACTBOX-Winners and losers in India's sweeping GST overhaul
NEW DELHI, Sept 4 (Reuters) - Indian Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22. Here are key highlights:MAJOR CHANGES India will have two k...Reuters
Thu, Sep 4
Sberbank says Russian economy is stagnating, warns of recession if rates stay high
VLADIVOSTOK, Russia, Sept 4 (Reuters) - German Gref, CEO of Russia's dominant lender Sberbank SBER.MM, said on Thursday that the country's economy had reached technical "stagnation" and said he hoped the central bank would not allow it to plunge into recession.He also said that the e...Reuters
Thu, Sep 4
Chinese investment doubles in Brazil, jumping to No. 3 destination
Chinese investments in Brazil double to $4.2 billion in 2024 U.S. remains top investor in Brazil with $8.5 billion in 2024Chinese firms struggle with Brazil supply chains, labor lawsBy Manuela Andreoni and Luciana Magalhaes SAO PAULO, Sept 4 (Reuters) - Brazil has emerged as the third-biggest des...Reuters
Thu, Sep 4
Federal Reserve to host stablecoin and DeFi-focused conference amid regulatory progress
The US Federal Reserve (Fed) is set to host a conference on payments innovation next month to discuss stablecoin use cases, tokenization and the growing relationship between traditional finance and crypto.Fxstreet
Wed, Sep 3
