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Japanese Prime Minister resigns – Commerzbank
Following the disastrous results of the Upper House election in July and the accompanying loss of the majority, it was only a matter of time before the pressure on Japanese Prime Minister Shigeru Ishiba became too great and he resigned.
Fxstreet
29 minutes ago
Japan Q2 GDP Gets a Boost from Consumer Spending; Political Uncertainty Clouds Outlook
TradingKey - On Monday, September 8, Japan's Cabinet Office announced an upward revision of the country's second-quarter GDP, driven by increases in private consumption and savings. The GDP growth rate was adjusted from 0.3% to 0.5% quarter-on-quarter, equating to an annualized rate revised from 1.0TradingKey
an hour ago
US inflation figures coming next – Commerzbank
Friday's US labor market report finally dispelled any remaining doubts about whether the Fed would cut interest rates soon, briefly pushing EUR/USD above the 1.1750 mark. Only one of the 80 analysts surveyed by Bloomberg had expected an even worse figure.Fxstreet
2 hours ago
China's EV and hybrid sales growth at slowest in 18 months
Overall car sales slowest in seven monthsSlower growth expected in fourth quarter, association says BEIJING, Sept 8 (Reuters) - China's August sales of electric vehicles and hybrids grew at the slowest pace in one and a half years as the government continues efforts to halt punishing price wa...Reuters
2 hours ago
China's August exports to Russia post biggest fall in six months
BEIJING, Sept 8 (Reuters) - China's yuan-denominated exports to Russia in August saw their biggest drop since February, while imports fell by double digits in percentage terms after climbing in July, Chinese customs data showed on Monday.Outbound shipments to Russia contracted 16.4% in yuan term...Reuters
4 hours ago
German exports unexpectedly fall while industrial production rises
By Maria MartinezSept 8 (Reuters) - German exports unexpectedly fell in July while industrial output rose, data showed on Monday.German exports fell by 0.6% in July compared with the previous month, according to data from the federal statistics office. The result compared with a 0.1% increase foreca...Reuters
6 hours ago
StanChart expects Fed to cut rates by 50 bps next week after weak jobs data
By Rashika Singh and Joel Jose Sept 7 (Reuters) - Standard Chartered expects the U.S. Federal Reserve to cut interest rates by 50 basis points at its policy meeting this month, double its earlier projection of a 25-bp reduction, following a soft August jobs report.Data on Friday showed U.S. job ...Reuters
6 hours ago
German industrial output rises in July
Sept 8(Reuters) - German industrial production rose in July by 1.3% compared to the previous month, the federal statistics office said on Monday.Analysts polled by Reuters had predicted a 1.0% rise.The office offers more detailed data on its website.Reuters
6 hours ago
India's chief economic adviser says Trump's tariffs could shave 0.5% off GDP, Bloomberg News reports
Sept 8 (Reuters) - U.S. President Donald Trump's 50% tariffs on India could reduce the country's gross domestic product by half a percent this year, the nation's Chief Economic Adviser V. Anantha Nageswaran said in a Bloomberg TV interview on Monday."Depending upon how long it lasts ...Reuters
6 hours ago
Poland - Factors to Watch September 8
WARSAW, Sept 8 (Reuters) - The following are significant news stories, press reports and events on Monday. ALL TIMES GMT (Poland: GMT + 2 hours):POLAND'S RATING OUTLOOKFitch Ratings revised Poland's outlook to "negative" from "stable" on Friday, citing growing risks to public...Reuters
6 hours ago
India's chief economic adviser says Trump's tariffs could shave 0.5% off GDP, Bloomberg News reports
Sept 8 (Reuters) - U.S. President Donald Trump's 50% tariffs on India could reduce the country's gross domestic product by half a percent this year, the nation's Chief Economic Adviser V. Anantha Nageswaran said in a Bloomberg TV interview on Monday."Depending upon how long it lasts ...Reuters
6 hours ago
South Korea minister heads to US to resolve fallout from huge immigration raid
Hyundai, LG Energy's $4.3 billion project site in Georgia raidedSouth Korea plans chartered flight for detained workers' returnTrump emphasises legal immigration for foreign investments in USBy Ju-min Park and Hyunjoo Jin SEOUL, Sept 8 (Reuters) - South Korean Foreign Minister Cho Hyun wi...Reuters
6 hours ago
