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USD/CNH: Likely to trade between 6.9660 and 7.016 – UOB Group
Tentative increase in upward momentum suggests US Dollar (USD) could test 6.9950. In the longer run, outlook for USD is neutral now; it is likely to trade between 6.9660 and 7.0160, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jan 8
UK's Greggs falters on subdued consumer confidence
Q4 underlying sales up 2.9% vs 1.5% previous quarterFY underlying sales up 2.4% vs 5.5% previous yearSees 2026 profit flatShares down 7%By Sarah YoungLONDON, Jan 8 (Reuters) - Greggs GRG.L, Britain's biggest fast food chain, warned subdued consumer confidence meant profit would be flat this year...Reuters
Thu, Jan 8
TABLE-HSBC expects gold to hit $5,000 an ounce in first half of 2026
Jan 8 (Reuters) - Gold could hit $5,000 an ounce in the first half of 2026, HSBC said on Thursday.However, the bank cut its average price forecast for the year to $4,587 an ounce, down from a previous projection of $4,600. Following is a list of analysts' latest gold price forecast...Reuters
Thu, Jan 8
Uniqlo owner Fast Retailing hikes annual forecast after surge in quarterly profit
By Anton BridgeTOKYO, Jan 8 (Reuters) - The operator of the Uniqlo clothing brand, Japan's Fast Retailing 9983.T, said quarterly operating profit surged by a third and it bumped up its annual outlook, citing robust sales growth globally that helped it absorb U.S. tariffs.On track for its fifth c...Reuters
Thu, Jan 8
Euro zone yields nudge up from one-month lows
LONDON, Jan 8 (Reuters) - Euro zone bond yields held close to one-month lows on Thursday, having dropped this week as softer than expected inflation data caused traders to reconsider interest rate bets that pushed yields to multi-month highs late last year. Germany's 10-year yield, rose nearly 2...Reuters
Thu, Jan 8
South African factory activity slumps further in December, Absa PMI shows
JOHANNESBURG, Jan 8 (Reuters) - South African manufacturing sentiment fell in December to its lowest level for 2025, driven by steep declines in inventories and employment sub-indices, a purchasing managers' index (PMI) survey showed on Thursday.The seasonally-adjusted PMI sponsored by South Afr...Reuters
Thu, Jan 8
German industrial orders log surprise 5.6% jump in November
Large-scale orders drive unexpected rise in NovemberForeign and domestic orders both have significant increasesFactory orders on track for a strong fourth-quarterBy Maria MartinezJan 8 (Reuters) - German industrial orders rose unexpectedly in November, though the increase was driven by large-scale o...Reuters
Thu, Jan 8
Swiss inflation in December edges into positive territory
ZURICH, Jan 8 (Reuters) - Switzerland's annual inflation rate edged back into positive territory in December, government data showed on Thursday, albeit remaining at the bottom end of the Swiss National Bank's target range. The 0.1% increase in consumer prices, in line with a forecast by ...Reuters
Thu, Jan 8
