World Bank raises China growth forecast to 4.8% despite U.S. trade tensions
The World Bank now projects 4.8% growth for China, up from 4.0% predicted earlier this year.
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Fed Call Revised Amid Government Shutdown
In focus today Today is expected to be quiet, with no major market movers on the agenda. This evening, Fed’s Bostic and Kashkari are set to speak, potentially offering insights into how delayed data from the US government shutdown will influence monetary policy. Overnight in Japan, August wage data will be released – the last […]
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Déjà vu in France as political chaos returns. But this time, it’s different
On the one hand, there is an air of déjà vu in France now: the next PM will be Macron’s sixth in less than two years. But this time it’s different. -
France is plunged further into political crisis. Here’s what could happen next
Macron now has to choose a new PM, opt for new parliamentary elections or resign. -
European stocks set for mixed open as French crisis weighs on sentiment
European stocks are expected to open mixed on Tuesday with all eyes on France after the resignation of Prime Minister Sebastien Lecornu. -
Bitcoin Rockets To New ATH – Can Bulls Keep The Fire Burning?
Key Highlights Bitcoin rallied once again and traded to a new all-time high above $125,000. BTC/USD is trading above a key bullish trend line with support at $123,600 on the 4-hour chart. Ethereum also started a decent increase above $4,600. XRP price is struggling to settle and gain pace above $3.00. Bitcoin Price Technical Analysis […]
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Pound Sterling underperforms US Dollar despite US government shutdown
The Pound Sterling (GBP) trades 0.4% lower to near 1.3420 against the US Dollar (USD) during the European trading session on Monday. -
Mexico Consumer Confidence declined to 46.1 in September from previous 46.5
Mexico Consumer Confidence declined to 46.1 in September from previous 46.5 -
WTI steadies under $61.50 as market digests lower than expected OPEC+ output hike
West Texas Intermediate (WTI) US Oil price hovers below $61.50 on Monday, up 0.9% for the day, after the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, decided to raise production by only 137,000 barrels per day (bpd) starting in November. -
Why the Cac could be vulnerable to French political risk
The Cac 40 index is a major underperformer in the European equity space on Monday, as investors and traders react to news that another French Prime Minister has been forced to resign, leaving the Eurozone’s second largest economy politically rudderless once again.
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