News
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Columbus McKinnon Q2 sales up 8%, beat estimates
OverviewColumbus McKinnon fiscal Q2 sales grow 8%, beating analyst expectationsAdjusted EPS for fiscal Q2 beats consensus, reflecting strong operational performanceCompany reaffirms fiscal 2026 guidance, preparing for Kito Crosby acquisitionOutlookCompany reaffirms FY26 adjusted EPS guidance to be f...Reuters
Thu, Oct 30
EUR/GBP hits two-year high as Eurozone GDP surprises, Pound under pressure
The EUR/GBP pair trades around 0.8810 on Thursday at the time of writing, up 0.20% on the day and hovering near its highest level in more than two years, as traders brace for the European Central Bank (ECB) monetary policy announcement later in the day.
Fxstreet
Thu, Oct 30
Avolta CFO: FX Impact Is Limited And We Can Handle It
Oct 30 (Reuters) - AVOLTA AG AVOL.S:AVOLTA CFO ON FX: FX IMPACT IS LIMITED AND WE CAN HANDLE IT, SOURCING OF OUR MERCHANDISE IS DONE IN SAME CURRENCY AS WE HAVE IN LOCAL STORESAVOLTA CFO ON GUIDANCE: WE FEEL COMFORTABLE IN ACHIEVING TOP LINE OF MID-TERM AND 2025 GUIDANCE, 5-7% ANNUAL TURNOVER GROWTH...Reuters
Thu, Oct 30
INDIA RUPEE-India rupee falls to fortnightly low on Fed's hawkish jolt, outflows
By Jaspreet Kalra MUMBAI, Oct 30 (Reuters) - The Indian rupee slid to its lowest in two weeks on Thursday as outflows worsened the hit from a hawkish tilt in Federal Reserve policy, which sent the dollar and U.S. Treasury yields higher. The rupee INR=IN closed at 88.6950 against the U.S. dollar, ...Reuters
Thu, Oct 30
ECB hopes to launch digital euro pilot in 2027
FLORENCE, Italy, Oct 30 (Reuters) - The European Central Bank said on Thursday it could launch a pilot of its digital currency in 2027 provided it can secure timely approval from lawmakers for a project it deems vital for the euro zone's financial autonomy. The ECB has presented it as a stra...Reuters
Thu, Oct 30
BOJ chief signals chance of rate hike soon, says wage momentum key
BOJ keeps policy rate steady at 0.5% as expectedTwo board members repeat proposal for hike to 0.75%Ueda says 'initial wage momentum' key to rate hike timingBOJ wants to await 'a bit more data', Ueda saysBy Leika Kihara and Makiko Yamazaki TOKYO, Oct 30 (Reuters) - The Bank of Japa...Reuters
Thu, Oct 30
FOREX-Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal
BOJ keeps rates steady; Ueda offers little hint on next rate hikeMarkets choppy after Trump-Xi meeting; currencies mutedTrump says agreed to reduce tariffs on China to 47%Traders reduce expectations for 25bps Fed cut in DecemberBy Rae Wee SINGAPORE, Oct 30 (Reuters) - The yen fell on Thursday aft...Reuters
Thu, Oct 30
AUD/USD: Likely to trade between 0.6550 and 0.6605 – UOB Group
The current price movements are likely part of a range-trading phase between 0.6550 and 0.6605. In the longer run, the price action continues to suggest AUD strength; the next level to watch is 0.6630, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 30
GBP/USD: Likely to consolidate between 1.3140 and 1.3245 – UOB Group
Pound Sterling (GBP) is likely to consolidate between 1.3140 and 1.3245. In the longer run, GBP is still negative, but it remains to be seen if 1.3100 is within reach during this phase of weakness, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Oct 30
