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Britain's economy is not broken, says finance minister Reeves
LONDON, Sept 3 (Reuters) - British finance minister Rachel Reeves said the country's economy was not broken, but acknowledged there were still challenges to solve, highlighting a need to keep inflation and borrowing costs down."Britain's economy isn't broken," she said."But I...Reuters
Wed, Sep 3
FOREX-Sterling, yen slip as traders worry about fiscal, political uncertainties
Sterling, yen struggle to regain footingInvestors worried about rising debt levels globallyUncertainty over Japan's political future clouds BOJ outlookBy Rae Wee and Joice Alves SINGAPORE/LONDON, Sept 3 (Reuters) - The British pound and the yen continued to fall on Wednesday, as investors wor...Reuters
Wed, Sep 3
EUR/JPY Price Forecast: Rises above 173.00 due to prevailing bullish bias
EUR/JPY continues its winning streak for the fifth successive session, trading around 173.20 during the European hours on Wednesday. The technical analysis of the daily chart suggests the prevailing bullish market bias as the currency cross is remaining within the ascending channel pattern.
Fxstreet
Wed, Sep 3
UK to deliver budget on November 26, finance ministry says
LONDON, Sept 3 (Reuters) - British finance minister Rachel Reeves will deliver her annual budget on November 26, her department said on Wednesday. The announcement comes at a time of renewed financial market scrutiny on Britain, with worries about the UK's ability to keep its finances under cont...Reuters
Wed, Sep 3
USD/CAD surges to near 1.3800 as US yields rise ahead of Fed Beige Book
USD/CAD extends its gains for the third successive session, trading around 1.3800 during the European hours on Wednesday. The US JOLTS Job Openings and the US Federal Reserve (Fed) Beige Book will be eyed later in the North American session.
Fxstreet
Wed, Sep 3
Iron ore extends gain as Goldman Sachs lifts fourth-quarter price forecast
By Amy Lv and Lewis Jackson BEIJING, Sept 3 (Reuters) - Prices of iron ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth quarter of this year to $95 a metric ton from $90 a ton previously.The most-traded January iron ...Reuters
Wed, Sep 3
NZD/USD retreats below 0.5850 weighed by a cautious market mood
The US dollar continues to outperform its main peers on Wednesday, as debt fears return to the market, to the detriment of risk-sensitive currencies like the New Zealand Dollar, which has depreciated by more than 1% from Tuesday’s highs.The Kiwi Dollar was rejected at two-week highs around 0.5915 ea
Fxstreet
Wed, Sep 3
EUR/USD dips further against a firmer US Dollar on renewed debt fears
The EUR/USD pair is heading south for the second consecutive day on Wednesday, trading at 1.1620 at the time of writing. Renewed concerns about the increasing fiscal deficits in major economies have triggered a sell-off in bond marketsFxstreet
Wed, Sep 3
