News
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Dallas Fed chief's rate target reform welcomed amid very uncertain timetable
Dallas Fed's Logan thinks now is time to weigh rate target reformsGiving up on federal funds rate makes sense to observersBig hurdles exist for any change in Fed rate target systemBy Michael S. Derby Oct 23 (Reuters) - A Federal Reserve official’s proposal to overhaul the central bank’s inter...Reuters
Thu, Oct 23
REFILE-Germany expects 33.6 billion euros more in tax revenues from 2025 to 2029
BERLIN, Oct 23 (Reuters) - Germany's council of tax experts expects 33.6 billion euros ($39.18 billion) more in tax revenues for the German state as a whole in the 2025-2029 period compared with the May forecast, updated projections showed on Thursday.For the federal government it expects no ch...Reuters
Thu, Oct 23
China pledges to build modern industrial system, advance tech self-reliance in 2026-2030
BEIJING, Oct 23 (Reuters) - China will build a modern industrial system and speed up efforts to achieve self-reliance in technology in 2026-2030, the official Xinhua news agency said on Thursday, citing the ruling Communist Party's Central Committee.China also aims to build a strong domestic mar...Reuters
Thu, Oct 23
USD: Holding pattern – ING
Based on yesterday’s price action, we reiterate our view that the USD’s rebound is getting tired and probably requires some hawkish repricing to keep going. As discussed over the week, we don’t think tomorrow’s US CPI will offer that opportunity as we expect a consensus 0.3% MoM core print.Fxstreet
Thu, Oct 23
Unilever CEO says US shutdown hasn't dented consumer sentiment for now
By Yadarisa Shabong and Alexander Marrow Oct 23 (Reuters) - Unilever's ULVR.L CEO Fernando Fernandez said the consumer goods company has not seen any significant impact on consumer sentiment at this stage from the government shutdown in its key market the United States.The U.S. government shu...Reuters
Thu, Oct 23
Unilever CEO says US shutdown hasn't dented consumer sentiment for now
By Yadarisa Shabong and Alexander Marrow Oct 23 (Reuters) - Unilever's ULVR.L CEO Fernando Fernandez said the consumer goods company has not seen any significant impact on consumer sentiment at this stage from the government shutdown in its key market the United States.The U.S. government shu...Reuters
Thu, Oct 23
Euro zone bond yields up, but eyes on US moves against Russia and China
By Joice Alves LONDON, Oct 23 (Reuters) - Euro zone government bond yields edged up on Thursday, shrugging off U.S. President Donald Trump's move to impose sanctions on Russia and consider more trade restrictions on China, as the recent flight to safe-haven assets eased. Trump on Wednesday hi...Reuters
Thu, Oct 23
SNB minutes rule of fears of inflation remaining persistently negative
The latest minutes from the Swiss National Bank’s (SNB) September monetary policy meeting express that interest rates won’t fall into negative territory as inflationary pressures in the economy are not expected to become persistently negative.
Fxstreet
Thu, Oct 23
Japan's top union group seeks 5% wage hike despite US tariffs
Rengo aims for fourth straight year of robust pay hikeWage talks this year resulted in average pay hike of 5.25%Steady wage rises are prerequisite for BOJ to resume rate hikesBy Makiko Yamazaki and Kentaro Sugiyama TOKYO, Oct 23 (Reuters) - Japan's largest labour union group said on Thursday ...Reuters
Thu, Oct 23
Taiwan optimistic about 2026 economic growth exceeding 3% on AI boom
TAIPEI, Oct 23 (Reuters) - Taiwan's economy could grow more than 3% next year given demand for artificial intelligence (AI) applications continues at a rapid clip, Economic Affairs Minister Kung Ming-hsin said on Thursday, offering a rosier outlook than previous forecasts.Last month, Taiwan'...Reuters
Thu, Oct 23
South Korea keeps rates on hold but surprises with nod to further cuts
SEOUL, Oct 23 (Reuters) - South Korea's central bank kept policy interest rates unchanged on Thursday, wary of worsening an overheating housing market and a declining currency, but left the door open for another cut, pushing the won down even further against the dollar.Reuters
Thu, Oct 23
US mulls curbs on exports to China made with US software — Reuters
The White House is considering a plan to curb an array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing's latest round of rare earth export restrictions, Reuters reported late Wednesday.Fxstreet
Thu, Oct 23
US Dollar Index hovers around 99.00 due to potential for US-China trade deal
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after recovering recent losses from the previous session and trading around 99.00 during the Asian hours on Thursday.Fxstreet
Thu, Oct 23
