News
Important Only
Conflict-affected states to get more support on deal-making, disputes
g7+ launches Rapid Response Advisory Centre for urgent national matters and negotiationsCentre offers free immediate support, later external advisory for resource and infrastructure talksDeveloping nation members of g7+ hold significant global reserves of copper, cobalt, lithium, goldBy Simon Jessop...Reuters
Wed, Oct 15
China September bank loans rise less than expected as weak credit demand persists
Sept yuan loans at 1.29 trln yuan, vs 590 bln yuan in AugSeasonal factors bolster data but credit demand still weakGovt bond issuance expect to continue slowing, impacting TSFBy Kevin Yao and Liz Lee BEIJING, Oct 15 (Reuters) - China's new bank loans rose less than expected in September, lar...Reuters
Wed, Oct 15
French bond yields reach multi-month lows as Lecornu avoids more gridlock
French debt risk premium declines further after proposal to suspend pension reformCiti warns that snap elections may still be on the horizonGerman Bund yields fall amid concerns over US-China trade tensionsTraders price in a 70% chance of a European Central Bank rate cut by summerBy Stefano Rebaudo ...Reuters
Wed, Oct 15
German cabinet agrees on law to incentivise post-retirement work
Draft law allows retirees to earn up to 2,000 euros tax-free Expected to cost the state 890 million euros annually Germany's working population to decrease by 6.3 million by 2030By Maria Martinez BERLIN, Oct 15 (Reuters) - Germany's cabinet agreed on a draft law on Wednesday to encourage ...Reuters
Wed, Oct 15
India's trade deficit widens to 11-month high of $32.15 bln in September
NEW DELHI, Oct 15 (Reuters) - India's merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after President Donald Trump's doubling of tariffs to 50% on several Indian goods in late Au...Reuters
Wed, Oct 15
China September new bank loans rise to 1.29 trillion yuan, below forecast
BEIJING, Oct 15 (Reuters) - Chinese banks extended 1.29 trillion yuan ($181.06 billion) in new loans in September, rising from 590 billion yuan in August, according to Reuters calculations based on data from the People's Bank of China (PBOC) on Wednesday.Analysts polled by Reuters had expected S...Reuters
Wed, Oct 15
USD/CNY: The pair is guided by the lower fix – OCBC
USD/CNY gapped lower in the open this morning, guided by lower USD/CNY fix at 7.0995 (vs. 7.1021 yesterday). It appears that 7.10 is no longer the line in the sand. USD/CNY last seen at 7.1245, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Wed, Oct 15
German cabinet agrees on law to incentivise post-retirement work
By Maria Martinez BERLIN, Oct 15 (Reuters) - Germany's cabinet agreed a draft law on Wednesday to encourage work after retirement by allowing those who do so to earn up to 2,000 euros a month tax-free in an effort to combat labour shortages in Europe's biggest economy.The change is to ta...Reuters
Wed, Oct 15
China: Deflation eased but price pressure remained subdued in September – UOB Group
China’s Consumer Price Index (CPI) deflation eased, coming in at -0.3% y/y in September, an improvement from August (-0.4%) (versus Bloomberg est: -0.2%). This was the second straight month of negative reading.Fxstreet
Wed, Oct 15
Santander merges digital bank and consumer finance unit in Europe
Will operate European consumer unit under Openbank brand Germany will be the first market to initiate integrationSantander expects other markets to follow By Jesús Aguado MADRID, Oct 15 (Reuters) - Spain's Santander SAN.MC is merging its digital lender Openbank with its consumer finance busin...Reuters
Wed, Oct 15
CORRECTED-POLL-Long Treasury yields to stay elevated as inflation, debt pressures blunt Fed easing
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/mm-bondyield-polls?s=6J&st=G poll dataBy Sarupya Ganguly BENGALURU, Oct 14 (Reuters) - Short-dated U.S. Treasury yields will edge lower on expectations of Federal Reserve rate cuts even as the long end resists the pull thanks to sticky in...Reuters
Wed, Oct 15
BREAKINGVIEWS-EU's China tech transfer plan could backfire
By Katrina Hamlin HONG KONG, Oct 15 (Reuters Breakingviews) - Brussels risks overplaying its hand with China Inc. The European Union is mulling mandating companies to share technology and know-how in exchange for the opportunity to invest in the region, the EU trade chief and Denmark's foreig...Reuters
Wed, Oct 15
