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EU proposes suspension of duty-free sugar import scheme
EU aims to ease pressure on sugar producers hit by price slumpIPR scheme allows duty-free imports for re-export outside EUSugar beet producers say IPR causes unfair competitionPlan could raise costs and threaten jobs, manufacturers say PARIS, Jan 27 (Reuters) - The European Commission plans to pr...Reuters
Tue, Jan 27
EU-India trade deal: Opportunities for Germany – Commerzbank
Commerzbank's Economic Research report highlights the recent agreement between the European Commission and India on a free trade agreement. This deal is expected to significantly benefit the German economy, which currently has limited trade with India.Fxstreet
Tue, Jan 27
FOMC: No change expected – BNY
BNY's Macro Strategist John Velis provides insights on the upcoming January FOMC meeting, indicating that no change in interest rates is expected. The report highlights a modest chance of a rate cut and suggests that the Fed will maintain a steady stance in the coming years.Fxstreet
Tue, Jan 27
Brazil's mid-January inflation meets forecasts ahead of rate decision
SAO PAULO, Jan 27 (Reuters) - Brazil's annual inflation ticked up in early January but came in broadly in line with expectations ahead of the central bank's interest rate decision this week, government statistics agency IBGE said on Tuesday. Annual inflation reached 4.50% in mid-January, wh...Reuters
Tue, Jan 27
NOK: Stable with slight upward trend – Commerzbank
Commerzbank's report by Antje Praefcke indicates that the Norwegian Krone (NOK) is expected to remain stable with a slight upward trend. Norges Bank is signaling only one interest rate cut per year as inflation remains high, while the economic outlook for Norway is positive.
Fxstreet
Tue, Jan 27
Mexico swings to trade surplus in 2025 despite wider oil products deficit
Jan 27 (Reuters) - Mexico registered a trade surplus in 2025, swinging from a major deficit the previous year despite a widening shortfall in oil products, data from statistics agency INEGI showed on Tuesday.In non-seasonally adjusted terms, Latin America's second-largest economy posted a trade ...Reuters
Tue, Jan 27
EU proposes suspending a duty-free sugar import scheme
PARIS, Jan 27 (Reuters) - The European Commission proposed suspending a scheme allowing some duty-free sugar imports into the bloc, aiming to ease pressure on European producers facing falling prices and increased competition."I will propose a temporary suspension of the sugar inward processing ...Reuters
Tue, Jan 27
Mexico posts $861 million s/a trade deficit in December
Jan 27 (Reuters) - Mexico posted an $861 million trade deficit in December when adjusted for seasonal swings, the national statistics agency said on Tuesday.In non-seasonally adjusted terms, the country posted a trade surplus of $2.43 billion.Reuters
Tue, Jan 27
ECB must prepare for new shocks including Russian aggression, Simkus says
Rates firmly on hold in FebEventual next rate change could be hike or cutNormal for inflation to fluctuate around 2%By Balazs Koranyi and Francesco Canepa FRANKFURT, Jan 27 (Reuters) - European Central Bank policy fits the moment and the economy has adapted well to volatility but the bank must pr...Reuters
Tue, Jan 27
HUF: Cutting cycle expected to start – ING
The National Bank of Hungary is expected to maintain rates at 6.50% in its upcoming meeting, with a potential rate cut anticipated in February. Analysts at ING note that the market sees a 60/40 chance in favor of a rate cut, influenced by January inflation data.
Fxstreet
Tue, Jan 27
Germany needs new partners as trusted alliances 'crumble', economy minister says
BERLIN, Jan 27 (Reuters) - Germany must seek new partners in light of a changing global order, the country's economy minister said on Tuesday, referring to deteriorated relations with the United States that have resulted in painful import tariffs."The world has become more uncertain, and all...Reuters
Tue, Jan 27
German carmaker CEOs laud India-EU trade deal as opportunity for Germany
BERLIN, Jan 27 (Reuters) - The CEOs of Volkswagen, BMW and Mercedes welcomed the finalization of a long-pending landmark trade deal between India and the European Union on Tuesday, saying that it represented an opportunity for Germany.The deal "is extremely important for Germany as an export nat...Reuters
Tue, Jan 27
