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Canadian home sales decline 1.7% in September
By Fergal Smith TORONTO, Oct 16 (Reuters) - Canadian home sales fell 1.7% in September from August, ending a string of increases that began in April, data from the Canadian Real Estate Association showed on Thursday.Sales activity declined in the regions of Greater Vancouver, Calgary, Edmonton, O...Reuters
Thu, Oct 16
ECB's Kocher doubts further interest rate cuts, Wiwo reports
FRANKFURT, Oct 16 (Reuters) - Austria's new central bank governor, Martin Kocher, sees little room for further interest rate cuts by the European Central Bank, he told German magazine WirtschaftsWoche in an interview."I believe that we have reached the end of the interest rate reduction cycl...Reuters
Thu, Oct 16
Strong Growth, Weak Jobs, and an 80% Chance of a Less Independent Fed, WSJ Survey Shows
According to a Wall Street Journal survey of dozens of economists conducted in early October, respondents painted a somewhat “divided” picture of the U.S. economy: more optimistic on growth, increasingly pessimistic on jobs, and skeptical that the most qualified candidate will become the next FedTradingKey
Thu, Oct 16
ECB's Wunsch: Probability of another cut has been receding
European Central Bank (ECB) policymaker and National Bank of Belgium acting Governor Pierre Wunsch said during the European trading session on Thursday that the probability of more interest rate cuts by the central bank has been easing.
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Thu, Oct 16
Swiss government slashes economic outlook for 2026 as tariffs set in
ZURICH, Oct 16 (Reuters) - The Swiss government cut its 2026 economic growth forecast on Thursday, saying the U.S. tariffs were additional burdens on exporters and the nation's broader economy.It now expects 0.9% economic growth in 2026, below the 1.2% growth forecast in June, while maintaining...Reuters
Thu, Oct 16
UK economy returns to growth, but only just, as Reeves plans budget
UK GDP grows 0.1% in August, revised July data shows 0.1% fallEconomists predict limited growth in Q3, budget uncertainty impacts spendingBank of England faces high inflation, weak growthBy William Schomberg LONDON, Oct 16 (Reuters) - Britain's economy returned to growth in August when it exp...Reuters
Thu, Oct 16
Swiss government slashes economic outlook for 2026 as tariffs set in
ZURICH, Oct 16 (Reuters) - The Swiss economy is forecast to grow by 1.3% in 2025 and 0.9% in 2026, the government said on Thursday, lowering its forecasts for next year as U.S. tariffs dampen activity in the export-orientated country.Switzerland is struggling to adapt to the 39% import duties impose...Reuters
Thu, Oct 16
Madagascar's new military ruler says he will be sworn in as president on Friday
African Union suspends Madagascar after coupRandrianirina to lead transitional government for up to two yearsRajoelina condemns coup, refuses to step down despite protests ANTANANARIVO, Oct 16 (Reuters) - Madagascar's new military ruler, Colonel Michael Randrianirina, said he will be sworn in...Reuters
Thu, Oct 16
FOCUS-Swiss Army Knife maker tries new tools to blunt Trump tariff blow
Victorinox boosts US inventory to mitigate tariff impactSurvey finds 45% of Swiss firms report declining orders Firm considers US end-of-line work to cut dutiable valueBy John Revill IBACH, Switzerland, Oct 16 (Reuters) - Swiss Army Knife maker Victorinox is trying to hold down its U.S. prices, ...Reuters
Thu, Oct 16
