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EUR: Car sales a reminder that the consumer is ok – ING
At the weekend, ECB President Christine Lagarde gave a reasonably upbeat interview to Fox News. She said consumers and businesses were resilient and that whilst growth was not particularly strong, the signs were optimistic, ING’s FX analyst Chris Turner notes.
Fxstreet
6 minutes ago
BOJ policymaker warns of trade policy risks, looks to tankan for guidance
Tankan survey "extremely important", Nakagawa saysSays uncertainties remain over tariff impactsSays risks of falling behind the curve is "not so high" By Makiko Yamazaki and Takaya Yamaguchi TOKYO/SHIMONOSEKI, Aug 28 (Reuters) - Bank of Japan board member Junko Nakagawa said on Th...Reuters
an hour ago
BoJ's Nakagawa says will make policy decisions at each meeting based on hard data
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday that the central bank will gather information as much as possible ahead of every policy meeting to avoid falling behind the curve, given solid wage growth over the last several years.Fxstreet
2 hours ago
AUD/NZD trades near 1.1100 after pulling back from six-month highs
AUD/NZD retreats after reaching a six-month high at 1.1131, trading around 1.1110 during the Asian hours on Thursday. However, the downside of the currency cross could be restrained as the Australian Dollar (AUD) gains ground following the release of Australia’s Private Capital Expenditure.
Fxstreet
3 hours ago
Citigroup's Polish unit's second-quarter profit falls on retail business sale
Aug 28 (Reuters) - Polish corporate lender Bank Handlowy BHW.WA posted a smaller-than-expected second-quarter profit decline, but a one-off loss on the sale of its retail arm weighed on its performance.BY THE NUMBERSProfit in the second quarter at the Polish division of Citigroup C.N more than halve...Reuters
3 hours ago
For bruised bond markets, turbulence persists as debt sales ramp up again
Borrowing costs continue to hit new highs in AugustGerman, French 30-year bonds set for worst month since MarchSeptember, October shaping up as heavy months for bond supplyFrench political turbulence highlights budget risksBy Dhara Ranasinghe and Joice Alves LONDON, Aug 28 (Reuters) - Signals fro...Reuters
4 hours ago
Logistics firm GLP secures up to $1.5 billion investment from ADIA unit
By Kane Wu HONG KONG, Aug 28 (Reuters) - Global logistics builder and investor GLP has secured up to $1.5 billion of investment from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) to back its next growth phase, the two companies said on Thursday.The deal includes an initia...Reuters
5 hours ago
European car sales resume rise in July, BYD firmly ahead of Tesla
By Alessandro Parodi Aug 28 (Reuters) - New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed on Thursday.Tesla TSLA.O lost market share for a seventh consecutive month despite a rise...Reuters
5 hours ago
BoJ’s Nakagawa: Will continue to raise interest rate if economic, inflation outlook realized
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday, “if its outlook for economic activity and prices is realized, BoJ will continue to raise the policy interest rate.”
Fxstreet
7 hours ago
