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Euro: Outlook weakens as risks build – Rabobank
Rabobank's RaboResearch Global Economics & Markets discusses EUR/USD dynamics since the Iran war, highlighting how shifting expectations for Federal Reserve policy and the Euro’s underperformance have driven the pair.
Brazil S&P Global Manufacturing PMI came in at 44.8, above expectations (0) in September
Brazil S&P Global Manufacturing PMI came in at 44.8, above expectations (0) in September
Russia Central Bank Reserves $ above forecasts ($0B): Actual ($742.7B)
Russia Central Bank Reserves $ above forecasts ($0B): Actual ($742.7B)
US Initial Jobless Claims dropped to 197K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 197K for the week ending September 26.
BoE's Mann: Can't rely on risk premia to do work of policy, need to raise rates
Bank of England (BoE) policymaker Catherine Mann argued on Thursday that they can't rely on risk premia to do the work of monetary policy and added that they need to raise the bank rate, per Reuters.
United States Continuing Jobless Claims came in at 1.701M below forecasts (1.73M) in September 18
United States Continuing Jobless Claims came in at 1.701M below forecasts (1.73M) in September 18
United States Initial Jobless Claims 4-week average declined to 200K in September 25 from previous 202.25K
United States Initial Jobless Claims 4-week average declined to 200K in September 25 from previous 202.25K
United States Initial Jobless Claims came in at 197K, below expectations (200K) in September 25
United States Initial Jobless Claims came in at 197K, below expectations (200K) in September 25
British Pound holds firm against Euro on stronger growth, hawkish policy signals
EUR/GBP trades on the defensive on Thursday, remaining on the back foot for the fifth consecutive day following last week’s rejection from the 0.8600 psychological mark. At the time of writing, the cross trades around 0.8537, its lowest level since mid-August.
Korean Won: Export boom supports currency – DBS
Chang Wei Liang at DBS Group Research highlights Korea’s strong September export performance, driven by an AI-led semiconductor boom and a record monthly trade surplus.
USD/JPY: Range-bound view on BOJ caution – BBH
Brown Brothers Harriman’s Elias Haddad notes USD/JPY has surged to its 200-day moving average on broad Dollar strength, but expects the pair to trade within a 155.00–160.00 range near term.
Chile IMACEC rose from previous -1.5%Â to -1% in August
Chile IMACEC rose from previous -1.5%Â to -1% in August
Trump sees ramping up bombing Iran after midterms possible – Time Magazine
Here are comments delivered by United States (US) Donald Trump in an interview with Time Magazine.