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Zambia concerned by 'financial strain' of new US visa bond
By Chris Mfula LUSAKA, Aug 8 (Reuters) - Zambia's government said on Friday it was concerned about the "unnecessary financial strain" that would be caused by a new rule requiring its citizens to pay bonds of up to $15,000 to obtain some types of U.S. visas. Starting August 20, Preside...Reuters
Fri, Aug 8
INSTANT VIEW-Canada's economy sheds 40,800 jobs in July
TORONTO, Aug 8 (Reuters) - Canada's economy shed 40,800 jobs in July and the jobless rate held steady at the multi-year high level 6.9%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250808/dq250808a-eng.htm CO...Reuters
Fri, Aug 8
J.P.Morgan brings forward Fed rate cut forecast to September
By Rashika Singh Aug 8 (Reuters) - J.P.Morgan now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing signs of weakness in the labor market and uncertainty around President Donald Trump's latest Fed nomination.The brokerage had earlier fo...Reuters
Fri, Aug 8
FACTBOX-Brokerages retain September rate cut bets after soft jobs report
August 8 (Reuters) - Wall Street brokerages retained their expectations for a September rate cut following a soft jobs report, while J.P.Morgan became the latest to join the list. J.P.Morgan expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its September meeting...Reuters
Fri, Aug 8
Swiss government says tariff discussions with United States continues
ZURICH, Aug 8 (Reuters) - The Swiss government said on Friday it was continuing discussions with the United States about reducing tariffs, after a 39% import duty on Swiss products went into force on Thursday."Discussions with the United States are ongoing," the State Secretariat for Economi...Reuters
Fri, Aug 8
USD/CNH: Expected to consolidate in a range of 7.1720/7.1900 – UOB Group
US Dollar (USD) is expected to consolidate in a range of 7.1720/7.1900. In the longer run, USD appears to have moved into a 7.1600/7.2240 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Aug 8
German 2-year yields set for weekly rise as traders unwind bets on ECB cuts
BoE's hawkish cut supports euro zone short-dated yieldsTraders return to pricing 80% chance of a March 2026 ECB cutBarclays sees lower US yields after recent dataItalian-German spread hits fresh 15-year lowBy Stefano Rebaudo Aug 8 (Reuters) - Germany’s two-year government bond yields were set...Reuters
Fri, Aug 8
China narrows gap with US as Germany’s biggest trading partner
U.S. tariffs take their toll on German exportsChinese imports surge with yuan undervaluation, say analystsGerman exports to China decline, leading to record trade deficitBy Rene Wagner and Maria MartinezBERLIN, Aug 8 (Reuters) - China came close to overtaking the United States as Germany's large...Reuters
Fri, Aug 8
Greek industrial output rises 0.5% y/y in June
Aug 8 (Reuters) - Greek industrial output rose by 0.5% year-on-year in June, after a 2.0% drop in May, data from statistics service ELSTAT showed on Friday.A breakdown of index components showed manufacturing production rose 2.4% from the same month in 2024. Electricity output was dropped by 7.2% ye...Reuters
Fri, Aug 8
