News/Event
By Gertrude Chavez-Dreyfuss and Tom Westbrook U.S. Treasuries rallied on Wednesday, driving yields lower, as persistent concerns over labor market weakness deepened after a private survey on Tuesday signaled job softness, bolstering expectations for a Federal Reserve rate cut next month.Because…
By Nicole GoodkindAtlanta Federal Reserve President and CEO Raphael Bostic announced on Wednesday morning that he would retire from his position at the end of his term in February 2026.The Atlanta Fed president will serve as an alternate voting member at the Federal Open Market Committee in 2026 an…
1046 ET - Base metal prices rise, boosted by prospects that the U.S. federal government will soon reopen and expectations of further interest-rate cuts this year. Copper futures on the London Metal Exchange gain 1.1% to $10,959 a metric ton, while aluminum is up 0.8% to $2,901 a ton. Analysts at Co…
Germany’s current account surplus fell to EUR 18.6 billion in September 2025, down from EUR 21.7 billion in the same month a year earlier, mainly driven by widening deficits in services and secondary income accounts, which more than offset gains in goods trade.The services deficit widened to EUR 6…
Hungarian bond yields rose on Wednesday, while the forint was steady after slumping during the previous session on news that the government had raised its budget deficit targets for 2025 and 2026.Economy Minister Marton Nagy was quoted on Tuesday as saying the government had raised its budget defic…
By Robb M. StewartOTTAWA--Canadian building permits recovered in September, softening the continued weakness seen in construction plans in the quarter.The total value of building permits increased 4.5% from the month before to a seasonally adjusted 11.72 billion Canadian dollars, the equivalent of…
By Jamie McGeeverThe end of the longest-ever U.S. government shutdown is in sight, which means official economic data will soon be forthcoming. But even if investors and the Federal Reserve are breathing a sigh of relief, the signals they should soon get might not be all that reliable.Some of the d…
Building permits in Canada rose 4.5% month-on-month to C$11.7 billion in September 2025, rebounding from a 1.2% decline in August and surpassing market expectations of a 1% rise.Both residential (+4.8%) and non-residential (+4.0%) sectors contributed to the gain.Residential permits grew by C$335.3…
By Robb M. StewartOTTAWA--Canadian building permits recovered in September, softening the continued weakness seen in construction plans in the quarter.The total value of building permits increased 4.5% from the month before to a seasonally adjusted 11.72 billion Canadian dollars, the equivalent of…
The yield on the Canadian 10-year government bond eased toward 3.16%, retreating from a one-month high seen November 7th, amid a clearer Bank of Canada policy path, a softer US growth signal and firmer odds of Fed easing.The BoC’s October cut to 2.25% and its October Monetary Policy Report made cle…
The National Bank of Romania kept its benchmark rate at 6.50% on November 12, marking the tenth consecutive pause and matching expectations.The move aims to ensure price stability while supporting growth.Inflation edged up to 9.88% in September from 9.85% in August, as higher fuel, energy, and non…
The South African Rand touched 17.05 against the USD, the highest since September 2024.Over the past 4 weeks, US Dollar South African Rand lost 1.5%, and in the last 12 months, it decreased 6.49%.
Russia’s trade surplus narrowed to $7.47 billion in August 2025, down from $8.65 billion a year earlier.Exports fell 8.9% year-on-year to $31.53 billion, the lowest level since January, mainly due to weaker demand from China, which cut its crude oil purchases during the month.Imports also dropped b…
The outgoing Czech centre-right cabinet will re-submit its 2026 state budget plan to a newly elected parliament so it can start debating it, Prime Minister Petr Fiala said on Wednesday.The plan, which sees a central government budget gap of 286 billion crowns ($13.74 billion), fell through as parli…
The British pound weakened to $1.3125 as political uncertainty and pre-budget concerns weighed on sentiment.Reports of a denied attempt to challenge Prime Minister Keir Starmer’s leadership unsettled investors just two weeks before the UK budget.Allies warned that any leadership move could spark ma…
The volume of mortgage applications in the US inched higher by 0.6% from the previous week in the first week of November, trimming the 1.9% pullback on the earlier period, according to data compiled by the Mortgage Bankers Association.The muted increase took place despite a 3bps uptick in benchmark…
In order to stabilize the public debt-to-GDP ratio and maintain the resilience of the Polish economy to external shocks, it is necessary to take action to reduce the public finance sector deficit, the Monetary Policy Council said in its opinion on the draft budget for 2026."Such a rapid increase in…
The average contract interest rate on 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) in the US edged up to 6.34% in the week ending October 7th, 2025, from 6.31% the previous period, marking the second consecutive weekly increase, according to the MBA. The rate is 52…
This announcement has been issued through the Companies Announcement ServiceofEuronext Dublin.To view the announcement in full, please click on the associated attachmenthttps://newsserviceweb.oslobors.no/message/83975
The outgoing Czech centre-right cabinet will re-submit its 2026 state budget plan to a newly elected parliament so it can start debating it, Prime Minister Petr Fiala said o Wednesday.The plan, which sees a central government budget gap of 286 billion crowns ($13.74 billion) fell through as parliam…
By Paul HannonThe series of interest rate rises announced by the European Central Bank from July 2022 had a more negative impact on the finances of poorer households than their wealthier counterparts, economists at the institution said Wednesday.The ECB raised its key rate to 4% in September 2023 f…
Vincent OwinoFor many Africans living abroad, the challenge of finding affordable ways to send money home is no longer about the absence of such options, but the limited awareness and lingering trust deficit.While Africa remains the costliest region in the world to send money to, some experts belie…
The BSE Sensex rose 545 points, or 0.7%, to 84,417 in early trade on Wednesday, extending gains for a third consecutive session and hitting its highest level in two weeks, buoyed by optimism over India–US trade talks.Progress in the US Senate toward ending the government shutdown, along with hopes…
The US economy should return to growth of 3% to 4% by the first quarter of 2026, White House economic adviser Kevin Hassett said on Tuesday, according to reports from CNBC, as Reuters reported.Hassett noted that economists estimate the recent government shutdown would trim about 1 to 1.5 percentage…
Faisal Al AjmiMUSCAT: In a more connected world, the potential to attract private capital has become central to achieving sustainable development. Speaking at the MSX Chairman’s Dialogue event held here on Monday, November 10, 2025, Wendy Werner, Country Manager — Oman, World Bank Group, highlighte…
European equity markets were poised to open higher on Wednesday, extending a rally to record highs as optimism over a potential end to the US government shutdown lifted global sentiment.Signs of a softer US labor market also strengthened expectations for a Federal Reserve rate cut in December.In Eu…
Australian consumers appear to be factoring in more than just mortgage interest rates when considering their sense of financial well-being. Consumers are feeling the bonds of high inflation, rising living costs, and higher taxation finally lift, says Luci Ellis, chief economist at Westpac. That is…
By Purvi Agarwal and Noel Randewich The Dow Jones Industrial Average notched a record high close on Tuesday, lifted by progress toward ending the longest U.S. government shutdown, while Nvidia and other artificial intelligence-related companies fell on renewed concerns about elevated valuati…
The value of new owner-occupier loan commitments for dwellings in Australia rose 4.7% quarter-on-quarter to a 3-1/2-year high of AUD 58.2 billion in Q3 2025, accelerating from a downwardly revised 2.2% gain in the previous quarter.Growth was driven by stronger demand among non–first-home buyers (6…
Nomura bucks consensus, sees Fed holding steady in DecemberNomura now expects the Federal Reserve to leave interest rates unchanged at its December 9–10 meeting, arguing that recent indicators still point to a resilient labour market despite the government shutdown’s disruption to official data rel…
Investors look at the latest weekly U.S. ADP employment data as evidence that the Federal Reserve might cut interest rates again in December but gauging the underlying drivers of labor market shifts is also important, First Abu Dhabi Bank analysts say in a note. With recent job losses perhaps attri…
The dollar index hovered around 99.5 on Wednesday, holding losses from the previous session as signs of labor market weakness bolstered expectations for a near-term Federal Reserve rate cut.ADP’s high-frequency data showed private employers cutting roughly 11,250 jobs per week in the four weeks to…
Global reserve managers are quietly diversifying away from the U.S. dollar—but not toward the traditional major currencies that once shared the stage. According to Standard Chartered, recent IMF data show that central banks and sovereign funds have been shifting allocations into a broader mix of sm…
Silver slipped to around $51 per ounce on Wednesday, but stayed close to three-week highs as signs of US labor market weakness fueled expectations for a near-term Federal Reserve rate cut.ADP data showed US private employers shedding an average of 11,250 jobs per week in the four weeks ending Octob…
The yield on the 10-year US Treasury note dropped nearly 5 basis points to 4.08% on Wednesday as signs of labor market weakness bolstered expectations for a near-term Federal Reserve rate cut.ADP’s high-frequency data showed private employers cutting roughly 11,250 jobs per week in the four weeks t…
Vietnam expects to sign a “reciprocal trade agreement” with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of negotiations gets underway in Washington, D.C. “Only trust can lead to cooperation, and only cooperation can lead to prosperity … and Vietnam…
The IDX Composite rose 28 points or 0.3% to 8,392 on Wednesday, snapping a two-session losing streak amid a modest rise in U.S. futures following a mixed Wall Street session, as Congress appeared close to ending the shutdown.Sentiment was also supported by news that China, Indonesia’s top trading p…
Germany’s wholesale prices rose 1.1% year-on-year in October 2025, after a 1.0% growth in the previous month, marking the 11th straight month of gain.Food, beverages, and tobacco costs increased 3.5%, driven by sharp rises in coffee, tea, cocoa, and spices (20.8%), sugar and bakery products (13.0…
Turkey’s current account surplus narrowed to $1.11 billion in September 2025 from $2.83 billion in the same month of the previous year, slightly exceeding market expectations of a $1 billion surplus.The goods account shortfall increased significantly to $5.36 billion from $3.11 billion a year earli…
By Pratima Desai Copper prices steadied on Wednesday, supported by optimism over an expected end to the U.S. government shutdown while the market awaited the release of loans data from top consumer China to gauge demand prospects.Benchmark copper COMEX:HG1! on the London Metal Exchange was flat…
New interest rate has been settled for NO0013389460. The interest rate is setat4,65% for the period 07.11.2025 - 09.02.2026.https://newsweb.oslobors.no/message/659428
New interest rate has been settled for NO0012829763. The interest rate is setat4,73% for the period 03.11.2025 - 02.02.2026.https://newsweb.oslobors.no/message/659427
The annual inflation rate in Serbia edged down to 2.8% in October 2025 from 2.9% in the previous month.It marked the lowest reading since April 2021, as prices increased at a softer pace for food and non-alcoholic beverages (0.3% vs 1.7% in September), transport (1.7% vs 2.2%), clothing and footwea…
New interest rate has been settled for NO0013647719. The interest rate is setat 4,49% for the period 02.10.2025 - 02.01.2026https://newsweb.oslobors.no/message/659426
Indonesia’s IDX Composite rose 25 points or 0.3% to 8,392 on Wednesday afternoon, snapping a two-session decline, as U.S. futures pointed to modest gains on Wall Street amid hopes the record-long U.S. government shutdown would soon end.Sentiment also improved after China’s central bank pledged to m…
U.S. regulators have agreed on the terms to ease a set of capital requirements that could potentially allow banks to hold more Treasuries, Bloomberg News reported on Tuesday, citing people familiar with the matter.Officials from the Federal Reserve and other agencies recently submitted a final plan…
The UK 10-year gilt yield inched up to 4.43% after an 8bps drop below 4.4% in the prior session, which was its lowest since December 2024, as investor focus turned to signs of economic weakness ahead of the Autumn Budget.Softer labor market data strengthened bets on a Bank of England rate cut next…
The yield on France’s 10-year government bond slipped below 3.45%, its lowest level since late October, as investors monitored progress in France’s budget negotiations while maintaining optimism that the US government shutdown could soon be resolved.At the same time, weaker US jobs data strengthene…
MOSCOW, Nov 12 (Bernama-Sputnik/RIA Novosti) — Exports of Russian liquefied natural gas (LNG) are projected to remain at the current level of around 50 billion cubic metres (bcm) or 36.25 million tonnes per year by 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2025…
0926 GMT - The Swiss franc rises to a two-week high against the euro, lifted by hopes for an imminent U.S.-Switzerland trade deal. President Trump said Monday that he was considering lowering tariffs on Swiss goods. Media reports suggest the rate could be cut to 15% from 39% currently with a deal p…
By Paul HannonThe series of interest rate rises announced by the European Central Bank from July 2022 had a more negative impact on the finances of poorer households than their wealthier counterparts, economists at the institution said Wednesday.The ECB raised its key rate to 4% in September 2023 f…
Staff WriterThe United Kingdom is set to become Zimbabwe’s largest source of remittances this year, surpassing South Africa for the first time, according to Finance Minister Mthuli Ncube.UK leads as Zimbabwe’s top remittance source, overtaking South AfricaZimbabwe’s remittance inflows have surged o…
The Russian federal budget had a January-October 2025 deficit of 4.19 trillion rubles or 1.9% of GDP according to preliminary estimates, the Finance Ministry said Interfax.The planned federal budget deficit for the year was originally 1.173 trillion rubles or 0.5% of GDP but spring amendments to th…
Italy’s industrial production jumped by 2.8% month-on-month in September 2025, rebounding from an upwardly revised 2.7% drop in August and beating market forecasts of a 1.5% rise.Increases were seen in all main industrial groupings, namely energy (+5.4%), capital goods (+1.4%), intermediate goods…
Portugal’s annual inflation rate was confirmed at 2.3% in October 2025, down slightly from 2.4% in September and marking the lowest level since May.The figure remains close to the European Central Bank’s 2.0% target, reflecting a continued easing in price pressures, largely driven by lower inflatio…
The dollar index hovered around 99.6 on Wednesday, attempting to rebound after three consecutive sessions of losses, as traders braced for the imminent end of the US government shutdown and raised expectations that the Fed has more room to cut rates.House members are set to return to Washington tod…
The Hang Seng rose 215 points or 0.8% to finish at 26,911 on Wednesday, increasing for the third session and reaching a one-month high amid broad-based gains.Sentiment strengthened after China’s central bank pledged to maintain an “appropriately loose” monetary stance, ensure ample liquidity, and e…
New interest rate has been settled for NO0013475509. The interest rate is setat4,40% for the period 10.11.2025 - 10.02.2026.https://newsweb.oslobors.no/message/659429
Gold prices edged above $4,130 per ounce on Wednesday, rising for the fourth straight session, supported by mounting expectations of an imminent Federal Reserve rate cut.Private data showed that US companies shed an average of 11,250 jobs per week in the four weeks ending October 25, highlighting o…
By Nimesh Vora The Indian rupee will look to build on the modest momentum from the previous session on Wednesday, aided by optimism over a potential U.S.-India trade deal and U.S. data that made it more likely that the Federal Reserve will cut rates again next month. The 1-month non-deliver…
Indian shares opened higher on Wednesday, supported by progress in trade talks with Washington and expectations that the U.S. government shutdown may soon end. Sentiments were also boosted by exit polls in the north Indian state of Bihar, predicting a victory for the ruling alliance, analysts sa…
By Bharath Rajeswaran Indian shares rose on Wednesday, supported by progress in trade talks with Washington and expectations that the U.S. government shutdown may soon end.Market sentiment was also boosted as exit polls for elections in the north Indian state of Bihar predicted a victory for Ind…
By Khanh Vu and Francesco Guarascio Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of negotiations gets underway in Washington. In October, the two countries agreed to finalise a trade deal within we…
LONDON, Nov 12 (Bernama-PA Media/dpa) — The UK will seek to tighten restrictions on Russian gas exports over the next year to increase the pressure on Moscow to end its war in Ukraine, reported PA Media/dpa.Russian liquefied natural gas (LNG) will face a ban on access to UK maritime services, such…
The annual inflation rate in Montenegro ticked down to 4.8% in October 2025 from a sixteen-month high of 4.9% in the previous month.Prices moderated for food and non-alcoholic beverages (6% vs 6.6% in September), furnishings, household equipment, and routine household maintenance (4.3% vs 5.1%), he…
By Paul HannonThe series of interest rate rises announced by the European Central Bank from July 2022 had a more negative impact on the finances of poorer households than their wealthier counterparts, economists at the institution said Wednesday.The ECB raised its key rate to 4% in September 2023 f…
By Paul HannonThe series of interest rate rises announced by the European Central Bank from July 2022 had a more negative impact on the finances of poorer households than their wealthier counterparts, economists at the institution said Wednesday.The ECB raised its key rate to 4% in September 2023 f…
Germany’s consumer price inflation eased to 2.3% in October 2025, matching preliminary estimates and down from 2.4% in September.Inflation for goods slowed slightly (1.2% vs 1.4% in September) as food prices moderated (1.3% vs 2.1%), despite notable increases in fruit (3.1%), sugar and confectioner…
The UK unemployment rate increased to 5.0% in the third quarter of 2025, the highest level since the three months to May 2021 and slightly above market expectations of 4.9%.The number of unemployed individuals rose by 117,000 from the previous quarter to 1.789 million, driven mainly by increases am…
Germany’s ZEW Indicator of Economic Sentiment slipped to 38.5 in November 2025, down from October’s three-month high of 39.3 and below market expectations of 40, reflecting waning confidence in the government’s ability to implement effective economic policies. “The investment program should provide…
German wholesale prices rose by 1.1% in October compared with the same month last year, according to data released by the federal statistics office on Wednesday.The office offers more detailed economic data on its website.
German inflation slowed slightly in October to 2.3%, the federal statistics office said on Wednesday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.4% year-on-year in September.The statistics office gives more detaile…
By Karen Brettell The U.S. dollar weakened against the euro and yen on Tuesday on concerns about the deteriorating U.S. labor market after a report showed that private employers cut jobs last month.ADP Research said on Tuesday that its preliminary estimates show that private employers shed an av…
The dollar index slipped to about 99.4 on Tuesday as softer US labor signals and rising odds of Fed easing reduced demand for the greenback.ADP’s high frequency series showed private employers shedding roughly 11,250 jobs per week in the four weeks to October 25, a run of losses that pushed markets…
By Greg RobbADP says the private sector of the U.S. economy shed jobs in late OctoberJob growth may not be strong enough to keep the unemployment rate from rising, data suggest.There are fresh signs that the labor market is weakening as the record-breaking government shutdown draws to an end.Accord…
The 10-year Brazilian government yield eased to about 13.6% amid softer inflation prints and softer external rates.October’s IPCA at 4.68% undershot consensus and signalled that disinflation is progressing, while still marginally above the Central Bank’s 4.5% tolerance band, the print bolstered mar…
By Nicole GoodkindThe Federal Reserve has cut interest rates by a quarter percentage point twice this year, and investors are hoping that easier policy will help reinvigorate consumer spending. But that might not match the reality on the ground. The households most sensitive to borrowing costs are…
The Russian Federal Government ran a budget deficit of RUB 4.2 trillion in the January-October period of 2025, or 1.9% of the GDP, way higher than RUB 0.2 trillion during the same period in 2024, according to preliminary data from the Finance Ministry.The figure was below the government’s new 2025…
By Greg RobbADP says the private sector shed jobs in late OctoberA San Gabriel, Calif., man cycles past a storefront "now hiring" sign.There are fresh signs that the labor market is weakening as the record government shutdown draws to an end.According to the latest high-frequency data collected by…
The Brazilian Real touched 5.27 against the USD, the highest since June 2024.Over the past 4 weeks, US Dollar Brazilian Real lost 3.6%, and in the last 12 months, it decreased 8.35%.
By Karen Brettell The U.S. dollar weakened against the euro and yen on Tuesday on concerns about the deteriorating U.S. labor market after a report showed that private employers cut jobs last month.ADP Research said on Tuesday that its preliminary estimates show that private employers shed an av…
ALTERNATIVE LAYOFF DATA HINT AT GREATER LABOR MARKET RISKS -GOLDMANA significant uptick in alternative layoff indicators like the Challenger report and Worker Adjustment and Retraining Notification Act (WARN) notices, alongside slowing hiring momentum, may signal deeper risks to the health of the U…
By John Revill and Dave Graham Switzerland could clinch a deal with the United States to lower U.S. tariffs on Swiss goods to 15% as soon as Thursday or Friday, a Swiss source told Reuters on Tuesday.The source said the deal could also arrive early next week, but cautioned an agreement to lower…
KUALA LUMPUR, Nov 11 (Bernama) — Exports to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) member countries increased from January to September 2025 despite uncertain global trade conditions.The Ministry o…
The Swiss 10-year government bond yield rose above 0.15%, the highest level since October 31, as optimism about a possible end to the US government shutdown reduced safe-haven demand.The Senate on Monday has passed a crucial funding bill to the House of Representatives that could bring the 41-day U…
US equity futures were mostly lower on Tuesday amid fresh concerns for the US labor market and continued skepticism on whether AI valuations are warranted by fundamentals.Contracts tracking the S&P 500 and the Nasdaq 100 were slightly lower, while those for the Dow were flat.Data from the ADP indic…
By Aimee LookGrocery inflation in the U.K. slowed in October as grocers ramped up deals and cut prices to entice buyers at the start of the holiday season, according to data collector Worldpanel.On-year price increases at U.K. grocers slowed to 4.7% on a like-for-like basis for the four weeks throu…
European gas demand rose in October due to lower temperatures, but imports of liquefied natural gas more than offset the loss of Russian gas volumes through Ukraine, according to DNB. Demand increased by 7% last month, driven by higher gas-to-power usage and increased residential and commercial con…
By Harriet TorryThe U.S. shed an average of 11,250 private-sector jobs a week in the four weeks ended Oct. 25, ADP said.The payroll processor said the data suggested "the labor market struggled to produce jobs consistently during the second half of the month."ADP started issuing more-frequent reado…
US private employers cut an average of 11,250 jobs per week during the four weeks ending October 25, 2025, indicating that the labor market continued to lose momentum through the latter half of the month, according to the ADP National Employment Report, produced by ADP Research Institute in collabo…
SAN JOSE, CALIFORNIA / ACCESS Newswire / November 11, 2025 / VSee Health, Inc. NASDAQ:VSEE a leader in HIPAA-compliant telemedicine solutions, leveraging its newly secured FedRAMP Moderate authorization to deliver secure, scalable telehealth services to federal agencies and beyond. In a bold step f…
CPC Blend oil exports were revised down in November to about 1.45 million barrels per day (bpd) from 1.55 million bpd, sources say.The November loading schedule was cut after the cancellation of two Suezmax cargoes of about 130,000 metric tons each supplied by Chevron-led Tengizchevroil (TCO), two…
The outlook for European corporate health has further improved, the latest earnings forecasts showed on Tuesday, as companies continue to provide evidence that they have navigated the rocky trade backdrop of recent months.European firms are expected to report growth of 6.2% in third-quarter earning…
The yield on the 10-year US Treasury note was above 4.1%, near the five-week high of 4.16% from last week amid fresh optimism on the end of the ongoing government shutdown, while markets continued to assess the rate outlook for the Fed.The record-setting 41-day government shutdown could end this we…
By John Revill and Dave Graham Switzerland could clinch a deal with the United States to lower U.S. tariffs on Swiss exports to 15% as soon as Thursday or Friday, a Swiss source told Reuters on Tuesday.The source said the deal could also arrive early next week, but cautioned an agreement to lowe…
New interest rate has been settled for NO0012513532. The interest rate is setat5,05% for the period 17.06.2024 - 17.09.2024.https://newsweb.oslobors.no/message/659313
New interest rate has been settled for NO0010981301. The interest rate is setat6,23% for the period 18.06.2024 - 18.09.2024.https://newsweb.oslobors.no/message/659314
New interest rate has been settled for NO0012829763. The interest rate is setat5,24% for the period 02.08.2024 - 04.11.2024.https://newsweb.oslobors.no/message/659315
Enagas SA BME:ENG:
US President Donald Trump on Tuesday (local time) hinted at coming closer to a trade deal with India, saying that at some point, the US would reduce tariffs on Indian goods.Trump made the remarks during the swearing-in ceremony of Sergio Gor as the Ambassador to India, according to the Economic Tim…
The Indian rupee was little changed around 88.7 per USD, trading in a sideways range, as upbeat comments from US President Trump on a potential India-US trade deal offered limited support.Trump said the US is close to a deal that would deepen economic and security ties and eventually lower tariffs…
Risks to euro zone inflation are balanced and growth is turning out to be stronger than once expected, two European Central Bank policymakers said on Tuesday, reinforcing market expectations for no more rate cuts in the near future. The ECB has kept interest rates unchanged since June and says that…
Staff WriterSouth Africa’s citrus sector has delivered a record export season in 2025, packing 203.4 million 15kg cartons for international markets. This represents a 22% increase from 2024 and exceeds the industry’s April estimate of 171.2 million cartons.The growth is attributed to a combination…
Total average weekly earnings in the UK, including bonuses, rose 4.8% year-on-year to GBP 733 in the three months to September 2025, slowing from 5% in the previous period and slightly below market expectations of 4.9%.Private sector wage growth fell to 4.4% from 4.8%, marking the weakest pace sin…
Related Content: Canadian Credit Card ABS Performance Monitor: 3Q25Fitch Ratings-Toronto-10 November 2025: Canadian credit card performance was mixed in 3Q25 as ongoing tariff uncertainty weighed on investments, employment and household spending, according to Fitch Ratings.During 3Q25, the three-mo…
With the UK Budget on the horizon and sterling remaining competitive, overseas investors are increasingly looking to the UK’s resilient residential market for long-term, stable returns. ArcInvest is visiting Saudi Arabia, Dubai and Abu Dhabi (26-27 November) hosting private investor meetings and in…
By Andy Bruce and Suban Abdulla British wage growth slowed in the three months to September, according to data on Tuesday that will bolster expectations for a Bank of England interest rate cut next month. Wage growth, excluding bonuses, slowed slightly to 4.6% in the three months to Sep…
Regular pay in the UK, excluding bonuses, rose 4.6% year-on-year to GBP 684 per week in the three months to September 2025, easing slightly from 4.7% in the previous quarter and aligning with market expectations.This was the weakest regular pay growth since February–April 2022, as private sector wa…
Sterling fell on Tuesday, after data showed British unemployment rose, while annual wage growth slowed slightly to 4.6% in the three months to September compared with a year earlier.The Bank of England is closely watching pay growth for signs of how persistent domestic inflation pressures are likel…
Gold rose above $4,130 on Tuesday, hitting a three-week high as growing economic uncertainty in the US fueled expectations for a near-term Federal Reserve rate cut.Last week’s data showed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-yea…
Australia’s Westpac-Melbourne Institute Consumer Sentiment Index jumped 12.8% month-on-month in November 2025 to 103.8, the highest level in nearly four years.The sharp rebound followed a 3.5% decline in October and marked the strongest monthly gain since September 2020, reflecting a strengthening…
The ZEW Indicator of Economic Sentiment for the Euro Area rose by 2.3 points from the prior month to 25 in November 2025, above market estimates of 23.5.In November, about 62% of the surveyed analysts expected no changes in economic activity, 31.5% predicted improvement and 6.5% anticipated a deter…
Retail sales in Turkey rose by 14.3% year-on-year in September 2025 from an upwardly revised 13.1% increase in the previous month.Sales grew at a faster pace for non-food products (18.2% vs 15% in August), particularly computers, books, and telecommunications equipment (33.2% vs 23.3%) and textiles…
Platinum climbed above $1,580 per ounce, approaching three-week highs as mounting US economic concerns and expectations of further Federal Reserve rate cuts lifted safe-haven demand for precious metals.Data last week showed US job losses in October, particularly in government and retail sectors, wh…
The dollar index was little changed around 99.6 on Tuesday, moving sideways so far this week as investors awaited progress on ending the record-long US government shutdown.The Senate advanced a measure to reopen the federal government and end the 40-day shutdown, narrowly securing the 60 votes need…
The dollar rises slightly after the Senate late Monday passed a spending package that could end the record-long government shutdown. The measure will move to the House for approval before being signed by President Trump. The reopening of the government would allow for the resumption of official dat…
The UK 10-year gilt yield held steady just below 4.5%, near its lowest level since December 2024, after weaker-than-expected labor market data reinforced expectations of a Bank of England interest rate cut next month.Regular pay growth slowed to 4.6% in the third quarter, the weakest since February…
Bulgaria’s trade deficit widened to BGN 1,962.9 million in September 2025 from BGN 1,069.6 million in the same month last year.This marked the largest trade deficit since January, as exports rose less than imports.Exports grew by 0.6% year-on-year to BGN 7,072.5 million, with shipments rising to bo…
KUALA LUMPUR, Nov 11 (Bernama) — Kenanga Investment Bank Bhd has maintained its 2025 distributive trade growth forecast at 5.0 per cent, supported by frontloading spending ahead of Christmas and the Chinese New Year.In a note today, it also said sales growth is projected to expand further to 6.1 pe…
The annual inflation rate in the Czech Republic rose to 2.5% in October 2025 from 2.3% in the previous month, confirming initial estimates.The main upward pressure came from higher inflation for food and non-alcoholic beverages (3.6% vs. 2.7% in September), and alcoholic beverages and tobacco (4.3…
The yield on India’s 10-year G-Sec dropped below 6.5%, hitting its lowest level in nearly four weeks, as markets priced in expectations that the Reserve Bank will support the bond market through open market operations or by announcing an OMO calendar.The drop comes amid tighter banking system liqui…
Producer prices in Lithuania fell by 0.6% year-on-year in October 2025, unchanged from a downwardly revised 0.6% drop in the previous month.Costs declined for manufacturing (-0.7% vs 0.1% in September), particularly in refined petroleum products (-4.3% vs -1.1%).At the same time, price growth moder…
By Richard Cowan, Andy Sullivan and Nolan D. McCaskill The U.S. Senate on Monday approved a compromise that would end the longest government shutdown in U.S. history, breaking a weeks-long stalemate that has disrupted food benefits for millions, left hundreds of thousands of federal workers unpa…
The British pound weakened to $1.31 after weaker-than-expected labor market data strengthened expectations of a Bank of England interest rate cut next month.Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose 4.8…
The longest U.S. government shutdown in history could end this week after the Senate advanced a compromise deal late Sunday to restore federal funding, Reuters reported.The agreement would reopen agencies shuttered since October 1, offering relief to low-income families hit by disrupted food aid, h…
The Reserve Bank of New Zealand’s (RBNZ) quarterly survey of expectations showed that business managers forecast inflation at 2.28% for the next two years in Q4 2025, unchanged from the previous three-month period.Meanwhile, one-year inflation expectations rose to 2.39% from 2.37%.Longer-term proje…
Silver surged more than 5% to around $51 per ounce so far this week, supported by expectations of a near-term Federal Reserve rate cut amid signs of US economic weakness.US data last week pointed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to…
The Swiss franc strengthened to around 0.80 per USD, its highest since late October, on hopes for a trade deal between the US and Switzerland soon.According to Bloomberg, a trade deal between the US and Switzerland could be announced in the next two weeks, with US tariffs on Swiss exports likely re…
By Liz Lee and Shi Bu U.S. President Donald Trump has targeted top economic rival China with a cascade of tariffs on imports worth billions of dollars as he tries to narrow a trade deficit, bring home lost manufacturing and cripple the fentanyl trade.Here are key events this year in the U.S.-Chi…
Latvia’s trade deficit widened to EUR 356 million in September 2025, up from EUR 248 million a year earlier, as imports surged 13.5% to EUR 2,091 million, driven by higher purchases of machinery and mechanical appliances, electrical equipment, vehicles, chemicals, mineral products, and vegetables.M…
Sterling falls after official U.K. data showed an bigger-than-expected rise in the unemployment rate and easing wage growth, increasing the prospect of the Bank of England cutting interest rates in December. The unemployment rate rose to 5.0% in the three months to September from 4.8% in the previo…
Hungarian annual headline inflation (HUCPIY=ECI) remained at 4.3% in October, the Central Statistics Office (KSH) said on Tuesday. Analysts polled by Reuters expected a 4.4% increase.Core inflation (HUCPIC=ECI), rose to 4.2% in October from 3.9% in September, exceeding a 4.1% forecast in a Reuters…
The number of payrolled employees in the United Kingdom fell by 32 thousand, or 0.1% to 30.3 million in October 2025, following a similar revised decline in September.Compared with the same month last year, payrolled employment was down 0.6%, or 180 thousand.The largest increase was recorded in the…