News
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EUR/CAD extends upside above 1.6350 as Canadian PMI supports BoC rate cut bets
The EUR/CAD cross extends the rally to around 1.6360 during the early European session on Thursday. The Canadian Dollar (CAD) weakens against the Euro (EUR) as Canadian economic data showed a deeper downturn in the manufacturing sector.
Fxstreet
Thu, Oct 2
Taiwan considers high-tech strategic partnership with United States
TAIPEI, Oct 2 (Reuters) - Taiwan is considering forming a high-tech strategic partnership with the U.S., which wants increased Taiwanese investment, the island's top tariff negotiator said on Thursday, giving an update on talks with Washington.Taiwan, home to the world's biggest contract chi...Reuters
Thu, Oct 2
In an Indian hinterland town, hotels become Japanese havens for auto expats
Honda, Suzuki expansion into Indian town has hotels for expats thrivingGujarat's alcohol ban means foreigners need permits to drinkJapanese investment in India up 27% from four years agoBy Aditi Shah VITHALAPUR, India, Oct 2 (Reuters) - In India's Gujarat, eating meat or seafood is frowne...Reuters
Thu, Oct 2
MOVES-Citi brings in Musk-Twitter adviser Ric Spencer to bolster tech banking
Oct 2 (Reuters) - Citigroup C.N on Thursday said Ric Spencer, a Bank of America veteran who advised Elon Musk on the $44 billion Twitter deal, has joined its technology investment banking division as vice chair. Major banks on Wall Street have hired dozens of senior executives in recent months, ...Reuters
Thu, Oct 2
Thailand should prepare measures amid U.S. shutdown concerns, official says
BANGKOK, Oct 2 (Reuters) - Thailand's central bank must be prepared to deploy tools to maintain currency stability to prevent impacts on imports and exports in the event of a prolonged U.S. government shutdown, a deputy finance minister said on Thursday.Thailand should also prepares export risks...Reuters
Thu, Oct 2
RBA FSR: Risks include a pullback in elevated asset prices and stress in sovereign debt markets
In its semi-annual Financial Stability Review (FSR) published on Thursday, the Reserve Bank of Australia (RBA) warned about “risks including a pullback in elevated asset prices and stress in sovereign debt markets.”
Fxstreet
Thu, Oct 2
Australian Dollar steadies despite disappointing Trade Balance data
The Australian Dollar (AUD) maintains its position against the US Dollar (USD) on Thursday, following the release of Trade Balance data. Additionally, the AUD/USD pair moves little as traders adopt caution after the United States (US) government shut down.Fxstreet
Thu, Oct 2
S&P Says The U.S. Government Shutdown Adds Uncertainty To The Economic Outlook
S&P: THE U.S. GOVERNMENT SHUTDOWN ADDS UNCERTAINTY TO THE ECONOMIC OUTLOOKS&P: AN EXTENDED DELAY IN RELEASE OF KEY US GOVERNMENT ECONOMIC DATA WOULD ADD UNCERTAINTY TO FEDERAL RESERVE'S MONETARY POLICY OUTLOOKS&P: ESTIMATES US GOVERNMENT SHUTDOWN COULD TRIM GROWTH B...Reuters
Thu, Oct 2
Fed's Goolsbee: worried about inflation, shutdown doesn't help
Oct 1 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Wednesday said he is starting to get more concerned about inflation, which has run above the Fed's target for four years and recently has been ticking up, making him want to be "careful" about lowering interest r...Reuters
Thu, Oct 2
US to provide Ukraine with intelligence for long-range missile strikes on Russia — WSJ
The United States (US) will provide Ukraine with intelligence to support long-range missile strikes on Russian energy infrastructure, the Wall Street Journal (WSJ) reported on Wednesday. US President Donald Trump approved the move, and US officials are urging NATO allies to do the same.Fxstreet
Thu, Oct 2
REFILE-Taiwan will not agree to 50-50 chip production deal with US, negotiator says
TAIPEI, Oct 1 (Reuters) - Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island's top tariff negotiator said on Wednesday after returning home.U.S. Secretary of Commerce Howard Lutnick told U.S. television network...Reuters
Wed, Oct 1
