News
Important Only
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 shar
Fxstreet
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
German industrial output falls more than expected in August
Oct 8 (Reuters) - German industrial production fell more than expected in August, decreasing by 4.3% compared with the previous month, the federal statistics office said on Wednesday.Analysts polled by Reuters had predicted a 1.0% fall.The office offers more detailed data on its website.Reuters
Wed, Oct 8
