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ECB must be cautious in acting preemptively against uncertainty, Kocher says
FRANKFURT, Jan 23 (Reuters) - The European Central Bank must be cautious in adjusting policy preemptively to mitigate uncertainty, Austrian central bank chief Martin Kocher told German media outlet Platow in an interview published on Friday. Geopolitical uncertainty has increased sharply this month,...
Reuters
Fri, Jan 23
French PM Lecornu uses Article 49.3 to force through parliament expenditure part of 2026 budget bill
PARIS, Jan 23 (Reuters) - Prime Minister Sebastien Lecornu said on Friday he was triggering article 49.3 of the Constitution to force through parliament the expenditure part of the 2026 budget bill, a move that will likely trigger further votes of no confidence.Lecornu earlier in the day survived t...
Reuters
Fri, Jan 23
India Bank Loan Growth unchanged at 14.5% in January 5
India Bank Loan Growth unchanged at 14.5% in January 5
Fxstreet
Fri, Jan 23
French government survives no-confidence votes over budget
Government circumvented parliament on budget due to lack of majorityLe Pen warns government's backers of electoral consequencesPM says deficit won't top 5% of GDP, still exceeds EU capBy Elizabeth Pineau and Dominique VidalonPARIS, Jan 23 (Reuters) - The French government survived two votes ...
Reuters
Fri, Jan 23
Germany's 2025 borrowing undershoots plan as spending falls, revenues rise
Germany's borrowing undershoots plan due to spending cuts, higher revenuesRecord investments in 2025, but spending still slow, says top financial officialBy Holger Hansen and Maria Martinez BERLIN, Jan 23 (Reuters) - Germany's net borrowing in 2025 came in well below the level set out in ...
Reuters
Fri, Jan 23
French government survives second no-confidence vote over 2026 budget
PARIS, Jan 23 (Reuters) - The French government survived a second vote of no-confidence in parliament on Friday that had had been called over its decision to ram through the income part of the 2026 budget without giving the National Assembly the final say.The motion, filed by the far-right National ...
Reuters
Fri, Jan 23
Euro zone business activity expands steadily but price pressures reemerge
Euro zone service sector growth weakens but contraction in manufacturing slowsGermany's private sector expands at fastest pace in three monthsFrance's private sector activity contracts unexpectedlyBy Indradip Ghosh BENGALURU, Jan 23 (Reuters) - Euro zone business activity growth held stea...
Reuters
Fri, Jan 23
French government survives first no-confidence vote on 2026 budget
PARIS, Jan 23 (Reuters) - The French government survived a first vote of no-confidence in parliament on Friday that had had been called over its decision to ram through the income part of the 2026 budget without giving the National Assembly the final say.The motion, filed by the hard left France Unb...
Reuters
Fri, Jan 23
EXPLAINER-Why are Ukraine and Russia not able to agree on the fate of Donetsk?
By Andrew Osborn MOSCOW, Jan 23 (Reuters) - A top aide to Vladimir Putin said on Friday after talks between the Russian president and U.S. envoys that there was no hope of sealing a deal to end the war in Ukraine unless disagreements over territory were resolved. Ukrainia...
Reuters
Fri, Jan 23
Apple supplier Pegatron expects US plant to be completed by end-March
By Wen-Yee Lee TAIPEI, Jan 23 (Reuters) - Taiwanese contract electronics manufacturer Pegatron's 4938.TW first U.S. factory, in Texas, is expected to be completed by the end of March, with trial production to begin around then or April, President and CEO Kuang-Chih Cheng said on Friday.The co...
Reuters
Fri, Jan 23
German 30-year yields set for weekly rise, shrug off PMI data
By Stefano Rebaudo Jan 23 (Reuters) - German ultra‑long‑dated bond yields looked on track for their sharpest weekly rise in nearly two months on Friday, as traders braced for continued supply pressure and shrugged off mixed purchasing managers' index data.Economists expect the euro area to in...
Reuters
Fri, Jan 23
GBP/USD may not have enough steam to break above 1.3570 – UOB Group
The risk for Pound Sterling (GBP) remains on the upside; it is unclear whether momentum is strong enough to break above 1.3570, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Fri, Jan 23
United Kingdom S&P Global Services PMI came in at 54.3, above expectations (51.7) in January
United Kingdom S&P Global Services PMI came in at 54.3, above expectations (51.7) in January
GBP/USD
Fxstreet
Fri, Jan 23
United Kingdom S&P Global Composite PMI above expectations (51.7) in January: Actual (53.9)
United Kingdom S&P Global Composite PMI above expectations (51.7) in January: Actual (53.9)
GBP/USD
Fxstreet
Fri, Jan 23
United Kingdom S&P Global Manufacturing PMI up to 51.6 in January from previous 50.6
United Kingdom S&P Global Manufacturing PMI up to 51.6 in January from previous 50.6
GBP/USD
Fxstreet
Fri, Jan 23
Taiwan looks forward to more chip investment in Arizona, president says
TAIPEI, Jan 23 (Reuters) - Taiwan looks forward to even more semiconductor investment in Arizona to bolster ties with the United States, President Lai Ching-te told a visiting senator from the state on Friday.U.S. President Donald Trump has pushed the major producer of semiconductors, which runs a l...
Reuters
Fri, Jan 23
Euro zone business activity expands more slowly than expected in January
By Indradip Ghosh BENGALURU, Jan 23 (Reuters) - Euro zone business activity expanded more slowly than expected this month as weaker growth in the dominant services industry offset milder factory contraction, according to a survey, while price pressures picked up.The common currency bloc started t...
Reuters
Fri, Jan 23
India seeks to boost manufacturing, hit $1.3 trln in exports through deregulation, sources say
India to prioritise 15 sectors including semiconductors, labour-intensive sectorsNearly $1 billion to be spent on manufacturing hubs, funding advanced sectorsFocus on cutting red tape, speeding approvals and aligning tariffsDivergent policies by India's federal and state governments have weighed...
Reuters
Fri, Jan 23
France Business Climate in Manufacturing came in at 105, above expectations (101) in January
France Business Climate in Manufacturing came in at 105, above expectations (101) in January
Fxstreet
Fri, Jan 23
German 30-year yields set for steepest weekly rise in almost two months
By Stefano RebaudoJan 23 (Reuters) - German ultra-long-dated yields were heading for their steepest weekly increase in nearly two months on Friday on expectations of continued bond supply pressure, with investors awaiting PMI figures later in the session.Economists expect the euro area to increase f...
Reuters
Fri, Jan 23
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