Use caution over potential US dollar weakness – UBS
Investing.com – The US dollar received a boost last week, but UBS has advised caution for those looking for a…
Buy the Aussie dollar on Chinese support – HSBC
Investing.com – Investors should look at buying the Australian dollar, according to HSBC, as the currency enjoys three crucial tailwinds.…
Fed September minutes may show whether 50 bps rate cut was a slam dunk or a hard sell
By Howard Schneider (Reuters) – Minutes of the U.S. Federal Reserve’s half-a-percentage-point rate cut last month, to be released on…
Hungary has overcome inflation crisis, economy minister says
By Gergely Szakacs BUDAPEST (Reuters) -Data suggests Hungary has overcome its inflation crisis, its economy minister said on Wednesday, after…
China-EU team to continue talks after bloc’s ruling on Chinese EVs, state media reports
BEIJING (Reuters) – China has recently engaged in “intensive communications” with the United States and the European Union on electric…
US FAA could approve SpaceX Starship 5 license this month, source says
By David Shepardson and Marisa Taylor WASHINGTON (Reuters) – The Federal Aviation Administration could approve a license for the launch…
German economy expected to contract again in 2024, economy minister says
By Maria Martinez BERLIN (Reuters) – Germany’s economy is expected to contract by 0.2% in 2024, the economy ministry said…
Mexico, Brazil inflation reports send contrasting monetary policy messages
By Gabriel Araujo SAO PAULO (Reuters) – Inflation figures released on Wednesday painted opposite scenarios for Latin America’s two largest…
Fed’s Logan calls for ‘gradual’ rate cuts, says ‘should not rush’
(Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Wednesday said she supported last month’s outsized interest-rate cut but…
Milei faces test as Argentina’s Congress votes on university funding
BUENOS AIRES (Reuters) – Argentina’s lower house of Congress will vote on Wednesday on plans opposed by the government to…