News
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Russian finance ministry proposes raising VAT to help fund Ukraine war
Proposal would raise VAT to 22% from 20%Additional revenues estimated at $14.3 billionPutin signalled last week he was open to raising certain taxesTrump says Russia in 'big economic trouble' in Truth Social postBy Darya Korsunskaya and Gleb Bryanski MOSCOW, Sept 24 (Reuters) - Russia'...Reuters
Wed, Sep 24
CANADA FX DEBT-Canadian dollar hits one-month low as greenback stages broad-based recovery
Canadian dollar falls 0.4% against the greenbackTouches its weakest since August 22 at 1.3896Advance estimate shows factory sales down 1.5% in AugustBond yields rise across the curveBy Fergal Smith TORONTO, Sept 24 (Reuters) - The Canadian dollar weakened to a one-month low against its U.S. count...Reuters
Wed, Sep 24
AUD/USD slips to 0.6590 as Powell highlights dual mandate challenges
The Australian Dollar drops versus the US Dollar on Wednesday amid the lack of catalyst, following remarks by the Fed Chair Jerome Powell, who said that the Fed would continue to balance the dual mandate of the central bank. The AUD/USD trades at 0.6590, down 0.11%.
Fxstreet
Wed, Sep 24
FOREX-Dollar strengthens against euro and yen after Powell's cautious rate outlook
Fed Chair Powell emphasizes balance between jobs and inflationEuro falls after rising for two straight sessionsNZ dollar drops after appointment of new central bank chiefYen lower as traders assess candidates for Japanese PMUS dollar index risesBy Chibuike Oguh and Canan Sevgili NEW YORK/LONDON, ...Reuters
Wed, Sep 24
Russian state budget deficit seen at 2.6% of GDP in 2025, finance ministry documents show
MOSCOW, Sept 24 (Reuters) - Russia's state budget deficit is expected to amount to 5.7 trillion roubles or 2.6% of gross domestic product (GDP) in 2025, well above the target of 1.7%, according to Finance Ministry documents reviewed by Reuters.The documents also showed that the primary structura...Reuters
Wed, Sep 24
Uniform rental firm Cintas Q1 revenue beats estimates, raises annual outlook
OverviewCintas fiscal Q1 2026 revenue rises 8.7% yr/yr, beating analyst expectations, per LSEG dataNet income for fiscal Q1 2026 increases 8.7% to $491.1 mlnCo raises fiscal 2026 revenue and EPS guidance, reflecting confidence in growthOutlookCintas raises fiscal 2026 revenue guidance to $11.06 bln-...Reuters
Wed, Sep 24
Argentina's bonds rally as Bessent details strong US support
NEW YORK, Sept 24 (Reuters) - Argentina's government bond prices rose sharply on Wednesday and stocks were set to open higher after U.S. Treasury Secretary Scott Bessent gave details on the previously pledged support for Argentine President Javier Milei and the country's markets.Bessent said...Reuters
Wed, Sep 24
FOREX-Dollar rises after Powell reiterates caution over further easing
Fed Chair Powell emphasises balance between jobs and inflationAussie firms as hot headline CPI spurs reduction in easing betsNZ dollar steady after Riksbank's Breman named next RBNZ chiefYen lower as traders assess candidates for Japanese PMBy Kevin Buckland and Canan Sevgili TOKYO/LONDON, Se...Reuters
Wed, Sep 24
Following the Appointment of Dr. Doug Buerger as COO, Jiuzi Holdings, Inc.'s Board Endorses Crypto Asset Investment Policy Allowing Up to $1 Billion Deployment
Sept 24 (Reuters) - Jiuzi Holdings Inc JZXN.O:FOLLOWING THE APPOINTMENT OF DR. DOUG BUERGER AS COO, JIUZI HOLDINGS, INC.'S BOARD ENDORSES CRYPTO ASSET INVESTMENT POLICY ALLOWING UP TO $1 BILLION DEPLOYMENTJIUZI HOLDINGS INC - INVESTMENTS LIMITED TO BITCOIN, ETHEREUM, AND BNB INITIALLYJIUZI HOLDI...Reuters
Wed, Sep 24
Sterling falls as Powell takes cautious tone on rate cuts
By Amanda Cooper and Canan Sevgili LONDON, Sept 24 (Reuters) - The pound fell against the dollar on Wednesday, after Federal Reserve Chair Jerome Powell offered a cautious view on the need for more rate cuts, which gave the U.S. currency a modest lift.Sterling GBP= was last down 0.35% at $1.34795...Reuters
Wed, Sep 24
EMERGING MARKETS-EM stocks rise, Czech crown slips as central bank verdict looms
EM stocks up 0.4%, FX down 0.17%Czech central bank rate decision due at 1230 GMTRussia to raise VAT to fund military expenditureIndian rupee flat near record lowsTrump to support Argentina, World Bank to accelerate supportBy Nikhil Sharma Sept 24 (Reuters) - A gauge of emerging market stocks hit ...Reuters
Wed, Sep 24
FOREX-Dollar edges up after Powell reiterates caution over further easing
Fed Chair Powell emphasises balance between jobs and inflationAussie firms as hot headline CPI spurs reduction in easing betsNZ dollar steady after Riksbank's Breman named next RBNZ chiefYen lower as traders assess candidates for Japanese PMBy Kevin Buckland and Canan Sevgili TOKYO/LONDON, Se...Reuters
Wed, Sep 24
