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Brazil's auto sales up in September, production falls
SAO PAULO, Oct 8 (Reuters) - Brazil's auto sales rose in September from the previous month, but production fell, data released by automakers association Anfavea showed on Wednesday.According to Anfavea, auto sales in Latin America's largest economy increased 7.9% in the month to 243,230 unit...Reuters
Wed, Oct 8
Equifax rises after slashing credit score pricing
** Shares of U.S. credit bureau Equifax EFX.N rise 3% premarket to $245 ** Co on Tuesday says it plans to offer its VantageScore 4.0 credit score service at more than 50% below market leader Fair Isaac Corp FICO.N, commonly known as FICO. ** FICO last week unveiled plans to sell its cred...Reuters
Wed, Oct 8
US Commerce Department adds 29 entries to entity list under China, Turkey and UAE
WASHINGTON, Oct 8 (Reuters) - The U.S. Commerce Department added 29 entries related to China, Turkey and the United Arab Emirates to its restricted export list, according to a government posting on Wednesday.Reuters
Wed, Oct 8
Belgian earplugs brand Loop enters US stores with Target partnership
By Neil J KanattOct 8 (Reuters) - Loop said on Wednesday its earplugs will be available in over 600 Target TGT.N stores starting this month, marking the Belgian startup's entry in traditional brick-and-mortar retail in the United States.Designed to look like fashion accessories, Loop's earpl...Reuters
Wed, Oct 8
Fed's view of neutral, reshuffled by Miran, a key to inflation concerns
Miran's call for steep rate cuts stirs debate at FedFed's September meeting minutes to reveal rate cut discussionsFed officials divided on inflation risks and rate cut paceBy Howard Schneider WASHINGTON, Oct 8 (Reuters) - New Federal Reserve Governor Stephen Miran may not have won convert...Reuters
Wed, Oct 8
BoE: Risk of a sharp market correction has increased
The Bank of England's (BoE) Financial Policy Committee said in its quarterly report that the risk of a sharp market correction has increased, especially if expectations around AI become less optimistic and there is a "sudden or big change in perceptions of Fed independence" that could lead to a sharFxstreet
Wed, Oct 8
New Zealand: RBNZ surprises with larger 50 bps rate cut in October – UOB Group
Earlier today (8 Oct), the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) by 50 bps from 3.00% to 2.50%. The reduction was a larger one than our, and the consensus forecast for a 25 bps move, UOB Group's Economist Lee Sue Ann reports.Fxstreet
Wed, Oct 8
EUR/HUF rebounds from key support zone – Société Générale
EUR/HUF has staged a strong rebound after touching the lower end of its multi-month range near 386. The pair is now testing the 50-day moving average, a key resistance that has limited gains since June, Société Générale's FX analysts note.
Fxstreet
Wed, Oct 8
EU sees new US trade demands undercutting deal struck by Trump – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Wednesday that European Union (EU) officials face new United States (US) demands for concessions, which could undermine a recent trade agreement struck by US President Donald Trump.Fxstreet
Wed, Oct 8
EUR: France remains in focus today – ING
The outgoing French prime minister has been asked by President Macron to give one final shot at bringing together the deeply divided parliament and form a government that can deliver on urgent budget issues, ING's FX analyst Francesco Pesole notes.Fxstreet
Wed, Oct 8
German industrial output posts biggest decline in more than three years
German industrial output fell 4.3% in AugustAutomotive industry production dropped by 18.5% Economists warn of increased recession risks By Maria Martinez BERLIN, Oct 8 (Reuters) - German industrial output fell much further than expected in August, pushed down by a sharp decrease in car productio...Reuters
Wed, Oct 8
EUR/GBP falls toward 0.8650 following German Industrial Production release
EUR/GBP trades around 0.8670 during the early European hours on Wednesday, remaining subdued following the release of the German Industrial Production data, which fell by 4.3% month-over-month (MoM) in August.
Fxstreet
Wed, Oct 8
