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Swiss government to meet pharma firms to discuss US tariffs
By John Revill ZURICH, Aug 11 (Reuters) - The Swiss government is due to meet this week with pharmaceuticals firms that U.S. President Donald Trump has asked to lower their prices, as Switzerland seeks to negotiate down a new 39% tariff on its exports, two sources have told Reuters.Economy Minist...
Reuters
Mon, Aug 11
Emerging countries' debt payments to private lenders dwarf those to China
Private lenders receive three times more debt payments than China from 2020-2025Multilateral repayments to rise sharply by 2025, Debt Justice saysDebt Justice UK research highlights private lenders' power in developing countriesBy Libby George LONDON, Aug 11 (Reuters) - Lower-income countries...
Reuters
Mon, Aug 11
TREASURIES-Two-year yields rise before Tuesday's US consumer price report
Interest rate sensitive two-year yields rise before CPI reportBenchmark 10-year note yields edge lowerTraders watching potential peace deal for Russia, UkraineBy Karen Brettell Aug 11 (Reuters) - Benchmark 10-year U.S. Treasury yields edged lower while interest rate sensitive two-year yields were...
Reuters
Mon, Aug 11
Mexico Industrial Output (YoY) climbed from previous -0.8% to -0.4% in June
Mexico Industrial Output (YoY) climbed from previous -0.8% to -0.4% in June
Fxstreet
Mon, Aug 11
USD/CNH is still trading in a range – UOB Group
US Dollar (USD) is likely to consolidate; firmer underlying tone suggests a higher range of 7.1820/7.1980.
Fxstreet
Mon, Aug 11
Brazil Economists See 2025 Inflation At 5.05% - Cenbank Poll
Aug 11 (Reuters) - BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 5.05% IN 2025 VERSUS 5.07% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.41% IN 2026 VERSUS 4.43% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE YEAR-END 2025 INT...
Reuters
Mon, Aug 11
Brent retreats after failing to break above 200-DMA – Société Générale
Brent crude’s inability to hold above the key $71 mark is reviving bearish sentiment, with technicals pointing to deeper losses if support at $63 gives way, Société Générale's FX analysts note.
Fxstreet
Mon, Aug 11
South Africa Manufacturing Production Index (YoY) came in at 1.9%, above forecasts (1%) in June
South Africa Manufacturing Production Index (YoY) came in at 1.9%, above forecasts (1%) in June
Fxstreet
Mon, Aug 11
Euro zone yields dip with Ukraine talks, US-China trade in focus
By Amanda Cooper and Stefano Rebaudo Aug 11 (Reuters) - Euro zone government bond yields edged lower on Monday ahead of a week packed with event risk, including a Ukraine summit between the United States and Russia and a deadline on a U.S.-China trade truce, as liquidity evaporates. U.S. Presiden...
Reuters
Mon, Aug 11
Indonesia eyes 'sovereign AI fund' to drive development, document shows
JAKARTA, Aug 11 (Reuters) - Authorities overseeing the development of artificial intelligence in Indonesia have proposed a "sovereign AI fund" to finance the archipelago's ambitions to become a regional hub for the fast-growing technology, a government document showed.Last month, Reuters...
Reuters
Mon, Aug 11
GBP: Strong data needed to endorse BoE hawks – ING
The Bank of England’s narrowly approved rate cut last week can generate some long-lasting momentum for the pound, should data endorse the MPC hawks’ inflation concerns and relaxed stance on the jobs market slowdown, ING's FX analyst Francesco Pesole notes.
EUR/GBP
GBP/USD
Fxstreet
Mon, Aug 11
Trump deadline passes without stricter sanctions against Russia – Commerzbank
President Trump’s deadline for Russia to strike a peace deal with Ukraine passed without stricter US sanctions imposed on Moscow.
Fxstreet
Mon, Aug 11
Italy Trade Balance EU: €-0.069B (June) vs previous €0.776B
Italy Trade Balance EU: €-0.069B (June) vs previous €0.776B
Fxstreet
Mon, Aug 11
Italy Global Trade Balance came in at €5.409B, below expectations (€7.12B) in June
Italy Global Trade Balance came in at €5.409B, below expectations (€7.12B) in June
Fxstreet
Mon, Aug 11
Taiwan is continuing tariff negotiations with US, cabinet official says
TAIPEI, Aug 11 (Reuters) - Taiwan's cabinet is still negotiating for more favourable tariff rates after U.S. President Donald Trump imposed a 20% levy on the island, Vice Premier Cheng Li-chiun said on Monday."Taiwan's goal is to seek a better and more reasonable tariff rate from the U.S...
Reuters
Mon, Aug 11
AUD/JPY falls to near 96.00 as RBA rate cut expectations weigh
AUD/JPY halts its four-day winning streak, trading around 96.00 during the European hours on Monday. The currency cross depreciates as the Australian Dollar (AUD) faces challenges due to market caution ahead of the interest rate decision by the Reserve Bank of Australia due on Tuesday.
AUD/JPY
Fxstreet
Mon, Aug 11
Italy Consumer Price Index (MoM) meets forecasts (0.4%) in July
Italy Consumer Price Index (MoM) meets forecasts (0.4%) in July
Fxstreet
Mon, Aug 11
Italy Consumer Price Index (EU Norm) (MoM) in line with expectations (-1%) in July
Italy Consumer Price Index (EU Norm) (MoM) in line with expectations (-1%) in July
Fxstreet
Mon, Aug 11
Italy Consumer Price Index (YoY) in line with forecasts (1.7%) in July
Italy Consumer Price Index (YoY) in line with forecasts (1.7%) in July
Fxstreet
Mon, Aug 11
Italy Consumer Price Index (EU Norm) (YoY) meets forecasts (1.7%) in July
Italy Consumer Price Index (EU Norm) (YoY) meets forecasts (1.7%) in July
Fxstreet
Mon, Aug 11
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