Prior +0.5%; revised to +0.4% GDP +0.9% vs +1.0% y/y prelim Prior +0.7% The negative revision means that the UK economy stagnated in Q3, with economic conditions stuttering […]
HSBC still sees Fed rate cuts ahead, another 75bp next year. Higher stocks & USD also.
Just a quick snippet from HSBC, analysts at the bank are still forecasting more rate cuts ahead from the Federal Reserve: 75bp of rate cuts ahead for 2025 […]
Qatar warns it will halt gas supplies to Europe if fined under EU due diligence law
Politico with the report that Qatar has warned it will stop exporting liquefied natural gas (LNG) to the European Union if penalties are imposed under the EU’s new […]
ForexLive Asia-Pacific FX news wrap: Major FX, minor ranges
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before […]
China hints at further measures to support the recovery of its property market.
A weekend editorial from the China Real Estate Newspaper, a media outlet affiliated with the Ministry of Housing and Urban-Rural Development, highlighted untapped potential in existing and new […]
Honda and Nissan are set to announce launch of integration talks
Rumours of this from last week: Honda and Nissan to begin merger talks Nissan and Honda are said to be in talks to set up a holding company […]
Goldman Sachs have revised their US inflation forecast higher, citing Trump tariffs
This is via a Wall Street Journal interview with Goldman Sachs Chief Economist Jan Hatzius. Hatzius has, so far, stuck with his forecast for 3 interest rate cuts […]
Trump complains of Panama Canal fees rip off – may demand it be returned to US, in full
Trump’s remarks (see below) are a very rare example of the leader of one sovereign state pushing another sovereign country to hand over territory. “The fees being charged […]
Slovak PM Fico said Putin confirmed readiness to continue supplying gas to the West
Putin-Fico Meeting: Russian President Vladimir Putin met Slovak Prime Minister Robert Fico in the Kremlin. Discussions focused on gas transit and international relations as the Russia-Ukraine gas transit […]
Economic calendar in Asia, Monday, December 23, 2024 – nearly empty
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before […]