News
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European Union mulls removing US tariffs this week, Bloomberg News reports
Aug 27 (Reuters) - The European Union is aiming to expedite legislation to remove all tariffs on U.S. industrial goods by the end of the week, a demand made by President Donald Trump before the U.S. will lower its duties on the bloc's automobile exports, Bloomberg News reported on Wednesday.Reut...Reuters
Wed, Aug 27
REFILE-Japan remains cautious on economic impact of tariffs in August report
TOKYO, Aug 27 (Reuters) - The Japanese government reiterated concerns about the risks of U.S. trade policies to economic growth, prompting a downgrade of its view on corporate profits, in a monthly report released on Wednesday.While Japan's economy grew much faster than expected in the April-Jun...Reuters
Wed, Aug 27
Japan remains cautious on economic impact of tariffs in August report
TOKYO, Aug 27 (Reuters) - The Japanese government reiterated concerns about the risks of U.S. trade policies to economic growth, prompting a downgrade of its view on corporate profits, in a monthly report released on Wednesday.While Japan's economy grew much faster than expected in the April-Jun...Reuters
Wed, Aug 27
Trump's efforts to remove Fed governor set to test Treasury market
Potential for looser monetary policy with Trump's Fed appointeesYield curve steepens amid fears of aggressive rate cutsHigh U.S. debt levels may tempt government to influence Fed policyBy Davide Barbuscia NEW YORK, Aug 26 (Reuters) - U.S. bond investors expect President Donald Trump's lat...Reuters
Wed, Aug 27
SNB’s Martin strikes cautious note on prospect of negative rates — Reuters
Swiss Central Bank (SNB) Vice Chairman Antoine Martin said on Wednesday that the bar is higher for the central bank to move interest rates into negative territory than it would be to cut rates if they were still above zero, Reuters reported on Wednesday.
Fxstreet
Wed, Aug 27
China's industrial profits extend decline as demand, deflation woes take toll
China industrial profits fall again in July, demand woes persistOvercapacity concerns weigh on businessesBeijing under pressure to offer more support to boost domestic demand BEIJING, Aug 27 (Reuters) - China's industrial profits fell for a third consecutive month in July, as businesses strug...Reuters
Wed, Aug 27
China's industrial profits fall 1.7% in January-July
BEIJING, Aug 27 (Reuters) - Profits at China's industrial firms dipped 1.7% in the first seven months of 2025 from the same period last year, official data showed on Wednesday.The drop followed a 1.8% decline in the first half, according to National Bureau of Statistics (NBS) data.Industrial pro...Reuters
Wed, Aug 27
Boeing Defense puts talks with striking machinists on hold, union says
Boeing pauses talks with machinists union amid ongoing strikeBoeing says it has no timetable for resuming talksCongressional Labor Caucus urges Boeing to return to talks, says union members deserve "strong contract"By Dan Catchpole Aug 26 (Reuters) - Boeing Defense BA.N has put contract n...Reuters
Wed, Aug 27
US President Donald Trump says he’s prepared for fight as Cook vows to sue — Bloomberg
US President Donald Trump said he was ready for a legal fight with Federal Reserve (Fed) Governor Lisa Cook after he moved to oust her from her post following allegations that she falsified mortgage documents, Bloomberg reported late Tuesday.Fxstreet
Wed, Aug 27
When is the Australian CPI inflation and how could it affect AUD/USD?
The Australian Bureau of Statistics (ABS) will publish its monthly Consumer Price Index (CPI) report for July on Wednesday at 01.30 GMT. The monthly CPI is expected to show an increase of 2.3% year-over-year (YoY) in July, compared to a 1.9% figure reported in June.Fxstreet
Tue, Aug 26
China seeks a silver lining as it tells companies to target older consumers
Government has issued at least 20 statements this year on the silver economy Chinese aged 60-plus spending more than previous older generations Chinese aged 60-plus expected to number 400 million by 2035By Sophie Yu and Farah Master BEIJING/HONG KONG, Aug 27 (Reuters) - In the past few months, Wa...Reuters
Tue, Aug 26
FACTBOX-Fed Governor Cook's mortgages: What's known and what's not
Aug 26 (Reuters) - U.S. President Donald Trump says he is removing Federal Reserve Governor Lisa Cook for "cause," citing what he said were "false statements" on two mortgages she took out in 2021, about a year before the Senate confirmed her appointment to the Fed.The thrust of Trum...Reuters
Tue, Aug 26
