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USD/CNH: Expected to trade in a range between 7.1200 and 7.1550 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1330 and 7.1460. In the longer run, USD is expected to trade in a range between 7.1200 and 7.1550, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 14
Grocer Albertsons raises annual profit forecast
Oct 14 (Reuters) - Albertsons ACI.N raised its annual profit forecast on Tuesday, banking on steady demand for essential groceries and pharmacy products despite tight consumer budgets. The company expects its annual core profit between $2.06 and $2.19 per share, compared with its earlier guid...Reuters
Tue, Oct 14
POLL-Long Treasury yields to stay elevated as inflation, debt pressures blunt Fed easing
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/mm-bondyield-polls?s=6J&st=G poll dataBy Sarupya Ganguly BENGALURU, Oct 14 (Reuters) - Short-dated U.S. Treasury yields will edge lower on expectations of Federal Reserve rate cuts even as the long end resists the pull thanks to sticky in...Reuters
Tue, Oct 14
France's budget built on shaky ground, fiscal watchdog warns
Watchdog says budget relies on overoptimistic forecastsPlanned savings may fall short - or never materialise, watchdog saysFrance at odds with EU deficit rules, under market pressure PARIS, Oct 14 (Reuters) - The French government's 2026 budget plans are based on rosy economic assumptions and...Reuters
Tue, Oct 14
Fed's Powell addresses economy pulled between risks to growth, jobs and prices
Fed chair speaks at 12:20 EDT/1620 GMTInvestors expect quarter point cuts at coming meetingsTariff, immigration shocks still being processed by firmsBy Howard SchneiderPHILADELPHIA, Oct 14 (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed&#...Reuters
Tue, Oct 14
US small business sentiment ebbs in September; inflation back in focus
NFIB Small Business Optimism Index drops 2.0 points to 98.8Government shutdown delays official economic data, impacting investorsTariffs and supply chain issues raise costs for businesses, inflation concerns grow WASHINGTON, Oct 14 (Reuters) - U.S. small-business sentiment declined in September a...Reuters
Tue, Oct 14
South African business confidence edges up in September
JOHANNESBURG, Oct 14 (Reuters) - South Africa's business confidence improved in September, driven by robust tourism, higher precious metal prices and increased exports, data showed on Tuesday.The South African Chamber of Commerce and Industry's Business Confidence Index ZABCI=ECI rose to 121...Reuters
Tue, Oct 14
France's budget built on shaky ground, fiscal watchdog warns
PARIS, Oct 14 (Reuters) - The French government's 2026 budget plans are based on rosy economic assumptions and its belt-tightening measures may fall short or never even take shape, the independent fiscal watchdog said on Tuesday.Reappointed on Friday, Prime Minister Sebastien Lecornu is racing t...Reuters
Tue, Oct 14
The path of least resistance is not always the right one – Commerzbank
Following the US President's announcement on Monday night of a de-escalation in the tariff conflict with China, it was no surprise that the USD was able to recoup its losses from Friday. For weeks, we have been discussing when EUR-USD will finally break through the 1.18 level on a sustained basis.
Fxstreet
Tue, Oct 14
No sign of German recovery in Q3, says economy ministry
BERLIN, Oct 14 (Reuters) - Economic indicators are not yet pointing to third-quarter recovery in Europe's biggest economy as slowing global momentum and higher U.S. tariffs dampen exports, the economy ministry said on Tuesday. In its monthly report, the ministry also said that domestic sectors...Reuters
Tue, Oct 14
