(Reuters) -Euro zone consumer confidence rose by 0.7 points in October from the September number, figures released on Thursday showed. The European Commission said a flash estimate showed euro zone consumer morale improved to -14.2 this month from -14.9 in September. Economists polled by Reuters had expected a fall to -15.0. In the European Union …
Euro zone consumer confidence rises to -14.2 in October Read More »
By Olena Harmash KYIV (Reuters) -Ukraine’s central bank kept its key policy rate unchanged at 15.5% on Thursday and cut its growth forecast for this year, with Russian strikes on energy infrastructure and wartime staff shortages set to significantly constrain business activity. The central bank cut its forecast for gross domestic product growth to 1.9% …
Ukraine keeps key rate on hold, cuts growth forecast amid energy challenges Read More »
LONDON (Reuters) -The U.S. government’s flagship development agency is in talks with Argentina’s government about strategic investments in critical minerals and infrastructure that could also lower the South American country’s debt profile. The U.S. International Development Finance Corporation (DFC) posted on X late on Wednesday that it had held “productive meetings” with officials on the …
US DFC in talks with Argentina about critical minerals deals Read More »
OTTAWA, Oct 23 (Reuters) – Canadian factory sales most likely rose 2.8% in September from August, largely driven by higher sales in the transportation equipment and petroleum and coal subsectors, Statistics Canada said in a flash estimate on Thursday. The estimate was calculated based on a weighted response rate of 67.7%. The average weighted response …
Canada Sept factory sales most likely up 2.8% – Statscan flash estimate Read More »
By Maria Martinez BERLIN (Reuters) -Germany is facing a budget gap of more than 140 billion euros ($163 billion) up to 2029 and will need ministries to make cuts, despite forecasting more than expected tax revenue over the same period, finance minister Lars Klingbeil said on Thursday. Chancellor Friedrich Merz’s government backed a 500 billion …
Germany facing budget gaps despite improved tax revenue forecast Read More »
By John Revill ZURICH (Reuters) -The Swiss National Bank saw no need to lower interest rates at its last monetary policy decision, according to minutes published on Thursday, although it raised concerns about the risk of U.S. tariffs extending to the pharmaceutical industry. The SNB kept its interest rate at 0% last month despite a …
Swiss National Bank comfortable with inflation outlook, minutes show Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s stock market is showing early signs of overheating, the central bank said on Thursday, warning of the risk that uncertainty over U.S. trade policy could cause sharp corrections and hit financial institutions. The Nikkei stock index closed at a record high on Tuesday after Sanae Takaichi, a supporter of …
BOJ sees signs of overheating in Japan’s stock market Read More »
SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 0.4% in September from a year earlier, official data showed on Thursday. The core inflation rate, which excludes private road transport and accommodation costs, was higher than the median forecast of 0.2% in a Reuters poll of economists, and compares to a 0.3% reading in August. Headline …
Singapore core inflation at 0.4% y/y in September, higher than expected Read More »
By Karin Strohecker and Jonathan Spicer WASHINGTON/ISTANBUL (Reuters) -Turkish central bankers told foreign investors in meetings last week that they were increasingly concerned about inflation and suggested they were ready to slow down the pace of interest rate cuts, according to four participants in the discussions. The sources, all foreign investors holding Turkish bonds, attended …
Turkish central bankers are teeing up slower rate cuts, investors say after meetings Read More »
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea’s central bank kept policy interest rates unchanged on Thursday, wary of worsening an overheating housing market and a declining currency, but left the door open for another cut, pushing the won down even further against the dollar. At its policy meeting, the Bank of Korea …
South Korea keeps rates on hold but surprises with nod to further cuts Read More »
