Fed’s Musalem says more rate cuts likely but data will drive policy choices
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the…
ECB’s Holzmann: inflation not yet defeated
The European Central Bank should proceed with caution on further interest rate cuts given inflation had not yet been overcome,…
Oasis ticket sales help lift UK shoppers’ non-essential spending, survey shows
British shoppers increased their spending slightly in annual terms in September, according to a survey on Tuesday that showed demand…
German industrial output rises more than expected in August
German industrial production rose by a larger than expected 2.9% in August from the previous month thanks to an increase…
Rebound in German industrial production fails to alleviate recession fears
German industrial production saw a 2.9% month-on-month increase in August, recovering from a -2.9% decline in July. On the year,…
UK consumer spending rises ahead of annual budget, surveys show
British shoppers increased their spending moderately in annual terms last month despite industry concerns about tax rises in finance minister…
UK grocery inflation edges higher, says Kantar
British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on…
Tunisia buys estimated 125,000 T barley in tender, traders say
Tunisia’s state grains agency is believed to have purchased about 125,000 metric tons of animal feed barley in an international…
Indonesia’s Pertamina seeks more 1.6 mln bbls gasoil for Oct, sources say
Indonesia’s Pertamina is seeking for more 1.6 million barrels of high sulphur 2500ppm gasoil for delivery in second-half October via…
Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo
Turkey and Brazil have been the main importers of Russian seaborne diesel and gasoil since the European Union banned the…