News
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South Africa draws global interest for $500 million funding initiative
By Colleen Goko JOHANNESBURG, Oct 9 (Reuters) - South Africa's National Treasury has attracted over 100 global proposals for its $500 million foreign currency financing initiative as it seeks to diversify its funding sources.The initiative, announced in July, aims to explore innovative financ...Reuters
Thu, Oct 9
Greek EU-harmonised inflation eases to 1.8% y/y in September
Oct 9 (Reuters) - Greece's annual EU-harmonised inflation slowed to 1.8% in September from 3.1% in August, data showed on Thursday.Month-on-month consumer inflation rose 0.5%The cost of food and non-alcoholic beverages rose 1.4% year-on-year in September, with prices of clothing and footwear up ...Reuters
Thu, Oct 9
ECB Minutes expected to reinforce the 'Good Place' policy stance – BBH
The ECB’s September meeting account is due today, likely reaffirming policymakers’ view that monetary settings remain “in a good place” after holding rates steady at 2.00%. With inflation seen stabilizing near target and risks now balanced, markets price only limited chances of another cut.
Fxstreet
Thu, Oct 9
Taiwan Sept exports misses forecasts, AI demand remains strong
Exports to US +51.6% y/y (prior month +65.2%)Exports to China +12.8% y/y (prior month +15.9%)October exports seen up 28%-33% y/yUncertainty of policy changes, geopolitical risks need monitoring, ministry saysTAIPEI, Oct 9 (Reuters) - Taiwan's exports in September grew less than expected, with th...Reuters
Thu, Oct 9
US container imports drop in September as Trump tariffs disrupt global trade
September's US container cargo imports dropped 8.4% yr/yrChina September shipments drop nearly 23% amid US tariff threatContract shipping rates fall 3% in the 12 months to September, first year-on-year decline since July 2024By Lisa Baertlein LOS ANGELES, Oct 9 (Reuters) - U.S. imports of con...Reuters
Thu, Oct 9
Irish presidential frontrunner attacks Dublin for failure to sanction Israel
Ireland planned to sanction Israel on GazaPresidential frontrunner attacks government for inactionSanctions bill backer urges Dublin to show courageBy John O'Donnell and Padraic Halpin DUBLIN, Oct 9 (Reuters) - The frontrunner to become Ireland's next president has criticised the governme...Reuters
Thu, Oct 9
AUD: Global economy more important than gold – Commerzbank
Due to the sharp rise in the price of gold, Australia's gold exports have also increased significantly in recent weeks. In the first eight months of this year, the share of Australian gold exports in total exports rose to over 10%. This is the first time since 1988, when data collection began.
Forex Today: All eyes on Fed Chair Powell speech as shutdown continues
Here is what you need to know on Thursday, October 9: With key data releases from the US getting postponed because of the ongoing government shutdown, market participants will focus on comments from central bank officials, including Federal Reserve (Fed) Chair Jerome Powell, on Thursday.Fxstreet
Thu, Oct 9
Thailand negotiating with U.S. on trade rules by year-end, commerce minister says
BANGKOK, Oct 9 (Reuters) - Thailand is negotiating trade rules with the United States covering rules of origins and regional value content, and expects to finalise them by the end of the year, Commerce Minister Suphajee Suthumpun said on Thursday.Negotiations with Europe on a free trade agreement ar...Reuters
Thu, Oct 9
German exports fall unexpectedly in August as US tariffs hit
German exports fell 0.5% in August vs. expected 0.3% riseU.S. tariffs and strong euro weaken German exports to U.SExports to non-EU countries rose 2.2%, EU exports fell 2.5%By Maria MartinezOct 9 (Reuters) - German exports unexpectedly fell in August on a sharp decline in U.S. demand due to Washingt...Reuters
Thu, Oct 9
JPMorgan CEO Dimon warns of US stock market correction risk, BBC reports
Oct 9 (Reuters) - JPMorgan Chase JPM.N CEO Jamie Dimon warned of a heightened risk of a significant correction in the U.S. stock market within the next six months to two years, the BBC reported."I am far more worried about that than others," Dimon said, adding there were a "lot of things...Reuters
Thu, Oct 9
