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US unemployment claims rise moderately amid labor market freeze
Unemployment claims increase slightly, layoffs remain lowShutdown halts official data, states continue jobless claims data collectionFed may advance rate cut due to incomplete data, economist saysBy Lucia Mutikani WASHINGTON, Oct 6 (Reuters) - The number of Americans filing new applications for u...Reuters
Mon, Oct 6
US holiday online sales growth to slow on economic uncertainty, Adobe Analytics projects
Cyber Monday expected to be biggest online shopping dayMobile shopping to drive 56.1% of online spendingIncrease of $2 billion projected in "buy now pay later" spendingAdobe predicts $9 billion spending over two days of October 7-8 By Arriana McLymore and Neil J Kanatt Oct 6 (Reuters) - U...Reuters
Mon, Oct 6
TREASURIES-US yields drift higher as shutdown enters day six
Group of Fed speakers to get extra scrutiny amid data absenceUpcoming auctions and consumer sentiment dataPrivate data suggest labor market is not quickly deteriorating, Shipley says WASHINGTON, Oct 6 (Reuters) - Benchmark U.S. yields drifted higher on Monday morning as the federal government shu...Reuters
Mon, Oct 6
US weekly jobless claims rose moderately during last week of September - Haver Analytics
WASHINGTON, Oct 6 (Reuters) - The number of Americans filing new applications for unemployment benefits increased marginally during the last week of September, data from Haver Analytics showed, pointing to a still low level of layoffs even as hiring has stalled.Initial claims for state unemployment ...Reuters
Mon, Oct 6
US spirits exports tumble as drinkers shun American brands, industry warns
U.S. exports to Canada drop 85% in Q2Other key markets like EU and Japan also see steep declinesDISCUS worries consumers choosing non-U.S. brandsConsumer companies broadly note anti-American sentiment By Emma Rumney Oct 6 - Exports of U.S. spirits fell 9% in the second quarter, according to a rep...Reuters
Mon, Oct 6
FACTBOX-US holiday sales growth to be muted this year, forecasts show
Oct 6 (Reuters) - U.S. retailers brace for a subdued holiday shopping season this year as the economic fallout from President Donald Trump's erratic trade policies leaves shoppers more cautious about buying extravagant gifts.The holiday selling season spans over three months from November to the...Reuters
Mon, Oct 6
US holiday online sales growth to slow on economic uncertainty: Adobe Analytics
Cyber Monday expected to be biggest online shopping dayMobile shopping to drive 56.1% of online spendingIncrease of $2 billion projected in "buy now pay later" spendingAdobe predicts $9 billion spending over two days of October 7-8 By Arriana McLymore and Neil J Kanatt Oct 6 (Reuters) - U...Reuters
Mon, Oct 6
Brazilian economists see 2025 inflation at 4.80% - Cenbank poll
Oct 6 (Reuters) - BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.80% IN 2025 VERSUS 4.81% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.28% IN 2026 VERSUS 4.28% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE YEAR-END 2025 INTE...Reuters
Mon, Oct 6
Tesla's German car sales fall in September though wider EV sales jump
Oct 6 (Reuters) - Tesla's TSLA.O sales volume in Germany fell by 9.4% in September, the German road traffic agency KBA said on Monday, although overall sales of battery electric vehicles rose by 31.9% year on year.Registrations of new Tesla cars had risen in parts of Europe in September, lifted ...Reuters
Mon, Oct 6
Tesla's German car sales fall 9.4% in September
Oct 6 (Reuters) - Tesla's TSLA.O sales volume in Germany decreased by 9.4% in September, the German road traffic agency KBA said on Monday, although overall sales of battery electric vehicles rose by 31.9% year on year.KBA said Tesla sold 3,404 cars in Germany in September.The number of Teslas s...Reuters
Mon, Oct 6
USD/CNH is likely continue to rise toward 7.148 – UOB Group
US Dollar (USD) could continue to rise toward 7.1480; a sustained rise above this level is unlikely. In the longer run, upward momentum is starting to build; for a continued advance, USD must first break clearly above 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Oct 6
Takaichi wins LDP race, markets cheer stimulus tilt – BBH
Sanae Takaichi was elected leader of Japan's ruling Liberal Democratic Party (LDP), putting her on course to become the country's first female prime minister once parliament confirms her appointment on October 15, BBH FX analysts report.Fxstreet
Mon, Oct 6
Nikkei 225 breaks higher, targets 49,300 – Société Générale
The Nikkei 225 has surged past its September high with an upward gap, reinforcing bullish momentum. While the move appears stretched, there are no clear signs of a meaningful correction, Société Générale's FX analysts note, Société Générale's FX analysts note.Fxstreet
Mon, Oct 6
German unemployment expected to fall as economy gains pace, source says
By Holger Hansen BERLIN, Oct 6 (Reuters) - Germany's unemployment level is expected to fall in the two next years as the long-awaited recovery of Europe's biggest economy gathers pace, a source told Reuters on Monday, citing government forecasts. The forecasts, first published by Reuters ...Reuters
Mon, Oct 6
EUR/JPY breaks 2024 highs, momentum accelerates – Société Générale
EUR/JPY has surged past its 2024 and September highs, confirming renewed bullish momentum. A short-term pullback toward 175.00/174.70 could attract buyers, keeping the broader uptrend intact with upside targets at 177.60 and 178.80, Société Générale's FX analysts note.
Fxstreet
Mon, Oct 6
