US weekly jobless claims fall, economists estimate
The number of Americans filing new applications for unemployment benefits fell last week, economists estimated on Thursday, though new job…
China factory activity stumbles as export orders dry up
China’s factory activity shrank for a seventh month in October, dragged by a drop in new export orders as the…
Barclays, BofA sees no further ECB easing in 2025
Barclays and BofA Global Research have revised their forecast and no longer expect the European Central Bank to cut interest…
Trump says US tariffs on China cut by 10% immediately
US President Donald Trump said Oct. 30 that he has cut the 20% fentanyl-related tariffs on China by 10%, effective…
US delay on China export restriction could defang it, former US officials say
Washington’s decision to delay a rule on export restrictions for Chinese companies, announced by China after Thursday’s summit meeting with…
BOJ locks in near-term rate hike, yen may sway timing
The Bank of Japan’s cautious governor has dropped unusually hawkish hints of an interest rate hike in December or January…
Wall Street has misgivings about Mamdani as mayor, but prepares for collaboration
Wall Street and the finance industry have broad misgivings about the prospect of frontrunner Zohran Mamdani becoming New York City’s…
ECB should keep “full optionality” at upcoming meetings: Villeroy
The European Central Bank must keep its options open for interest rate moves at upcoming meetings to react to risks,…
Euro zone inflation eases a touch in October but core steady
Euro zone inflation slowed a touch in October and continued to hover near the European Central Bank’s 2% target, confirming…
Strong Japanese industrial output and accelerating inflation raise chances of December rate hike
Tokyo CPI inflation beat expectations in October Tokyo CPI inflation increased 2.8% year-on-year in October (vs 2.5% in September, 2.4%…