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UK Treasury Minister Jones: No need for any emergency intervention
British Treasury Minister Darren Jones said on Thursday that public spending will be in line with what was set out in the Autumn Budget and added that there is no need for any emergency intervention bu Finance Minister Rachel Reeves, per Reuters.Fxstreet
Thu, Jan 9
UPDATE 2-China's EV exports seen stalling in 2025
China's auto exports to slow, EV exports to see no growthEU tariffs and Russia shipment drop impact export growthDomestic market sees record EV sales amid price war, subsidiesSales of EVs, plug-in hybrids seen headed for weakest growth since 2021Recasts with export estimates BEIJING, Jan 9 (Reute...Reuters
Thu, Jan 9
UK Treasury Minister called to parliament to explain surging Gilt yields
The UK House of Commons said on Thursday that a minister from Britain's Treasury Department has been summoned to parliament to respond to an urgent question about "the growing pressure of borrowing costs on the public finances", per Reuters.
Fxstreet
Thu, Jan 9
UPDATE 1-Taiwan December exports beat forecasts; govt sees stable outlook on AI
Exports +9.2% y/y vs +6.5% forecast in Reuters pollExports to China +3.6% y/y (prior month +9.5%)Exports to U.S. +16.0% y/y (prior month +10.6%)Ministry sees stable growth outlook into Q1 thanks to AI demandSees high uncertainty in geopolitical, incoming U.S. administration policy Recasts; Updates ...Reuters
Thu, Jan 9
BoE DMP Survey: UK firms’ inflation expectations increase to 2.8% in the December quarter
The latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday showed that “one-year ahead expected CPI inflation by the UK firms increased by another 0.1 percentage points to 2.8% in the quarter to December.” Key takeaways Year-ahead own-price inflation expected to be 3.8% in the three months to December, 0.1 percentage points higher than firms reported in the three months to November.Fxstreet
Thu, Jan 9
China's car sales extend gains in Dec
BEIJING, Jan 9 (Reuters) - China's car sales in December rose 12.2% from a year earlier, the fourth consecutive monthly gain, data from the China Passenger Car Association (CPCA) showed on Thursday.Sales totalled 2.66 million units last month and were up 5.3% to 23.1 million units in 2024 for the fo...Reuters
Thu, Jan 9
