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Stock-index futures pointed to a punishing start for Wall Street Tuesday as a two-day rally for China’s stock market fell apart, reviving questions about economic growth in the world’s second-largest economy and sparking a global equity selloff.
EU will offer PM May a UK wide customs arrangement but it will require a separate treaty
Turkish Lira fell more than 3% against the US Dollar to trade at around 5.8550 after Turkish nationalists said to pull out from the alliance with Erdogan.
A Japanese government official quoted the Bank of Japan (BoJ) Governor Kuroda, as saying that the global stocks are showing some nervous moves. Kuroda was reported to have said this when speaking to a Japanese government panel. Separately, in its monthly economic report, the J...
Comments by Germany's central bank in its monthly report Fundamental conditions are in place for growth rebound in Q4 after weak Q3 The economic upswing in Germany is still fundamentally intact
Iran's Oil Minister Bijan Zangeneh is commenting on the oil output levels. Key Headlines: Saudi Arabia, Russia’s crude output is now near highest levels ever. Saudi and Russia have no spare capacity to pump more oil to replace Iran's supplies....
Ireland's Foreign Minister Simon Coveney, as quoted by Irish Times, was noted saying that an extension of the post-Brexit transition period cannot be an alternative to the Northern Ireland backstop. He was further quoted saying that there will be no withdrawal agreement without the bac...
The EURUSD pair showed a bearish action last week after the Fed Meeting Minutes were published. The Federal Reserve stated it will gradually raise interest rates as the upbeat economic data continued and inflation remained within its target range. The Fed said the GDP appeared to be rising at a s...
According to Reuters, UK PM Theresa May told business leaders she is committed to a deal in Autumn U.K. IS SAID TO DROP BREXIT DEMAND ON IRISH BORDER TO EASE DEAL
Canadian dollar stronger today. USDCAD down 50 pips ahead of key retail sales and CPI data. However, watch out for data The Canada CPI is expected to come out at -0.1% m/m and y/y inflation is expected to ease to 2.7% in September from 2.8%. On the other hand, Core CPI is expected to r...
Some Italian banks are likely to have experienced a meaningful decline in capital A sovereign downgrade of Italy would likely to lead downgrades of BNL, Credem, Intesa, Mediobanca, Unicredit and Unipol Banca Other Italian bank ratings would also come under pressure if refinanc...
Merkel says will raise human rights issues with Asian leaders at EU summit EU-Asia Summit can show that Free trade is win-win- Merkel Much of the EU-Asia summit shows that much of the trading world supports multilateralism.
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