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France Exports, EUR above forecasts (€0B) in August: Actual (€54.176B)
France Exports, EUR above forecasts (€0B) in August: Actual (€54.176B)
Equities: Valuation reset underpins new highs – Danske Bank
Danske Research Team observes US equities extending their rebound, with the S&P 500 and Nasdaq posting fresh record highs and cyclical laggards leading gains. The team argues markets are not excessively optimistic, noting valuation multiples have compressed over the past year and quarter.
Euro extends its reversal as rising Oil prices offset upbeat German data
The Euro (EUR) heads south against the US Dollar (USD) on Wednesday, giving away Tuesday's gains weighed by rising Oil prices and broad-based US Dollar strength ahead of the release of the minutes of the last Federal Reserve (Fed) meeting.
Euro: Rebound capped by resistance against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD bounced on Tuesday as the US Dollar Index (DXY) slipped, but they still see the broader Euro (EUR) downtrend intact.
Japan’s Takaichi to review policies, revenue and spending if rate shifts differ from expectations
Japanese Prime Minister Takaichi Sanae said on Wednesday that the government will consider reviewing policies, revenue, and spending if interest rate shifts differ from expectations.Â
Germany Industrial Production n.s.a. w.d.a. (YoY) came in at 2.3%, above expectations (0%) in August
Germany Industrial Production n.s.a. w.d.a. (YoY) came in at 2.3%, above expectations (0%) in August
South Africa Net $Gold & Forex Reserve registered at $72.258B above expectations ($0B) in September
South Africa Net $Gold & Forex Reserve registered at $72.258B above expectations ($0B) in September
South Africa Gross $Gold & Forex Reserve came in at $75.429B, above forecasts ($0B) in September
South Africa Gross $Gold & Forex Reserve came in at $75.429B, above forecasts ($0B) in September
Sweden Consumer Price Index (MoM) registered at 0.9% above expectations (0%) in September
Sweden Consumer Price Index (MoM) registered at 0.9% above expectations (0%) in September
Sweden Consumer Price Index (YoY) below expectations (1.3%) in September: Actual (1.1%)
Sweden Consumer Price Index (YoY) below expectations (1.3%) in September: Actual (1.1%)
United Kingdom Lloyds House Price Index (MoM) below expectations (0.2%) in September: Actual (0%)
United Kingdom Lloyds House Price Index (MoM) below expectations (0.2%) in September: Actual (0%)
2.0%: Germany's Industrial Production rises faster-than-expected in August
Industrial Output, in the Eurozone’s economic powerhouse, climbed by 2.0% over the month in August, the federal statistics authority Destatis showed on Wednesday in figures adjusted for seasonal and calendar effects.
United Kingdom Lloyds House Price Index (YoY) in line with expectations (0%) in September
United Kingdom Lloyds House Price Index (YoY) in line with expectations (0%) in September