https://www.gurutrade.com/news/economic/rss/ In this section gathered the recent economic events that have a strong influence on the currency market. Sat, 03 Oct 2026 05:57:41 +0300 50 en https://www.gurutrade.com/news/us-sept-job-growth-misses-forecast-labor-market-stable-1790970767.html Nonfarm payrolls increase by 29,000 in September, just under a third of the 90,000 rise economists had expected Payrolls tend to underperform when Labor Day falls relatively late in the month, economists note Unemployment rate rises to 4.2 from 4.1 as more people enter labor force Wages increase 3.0 yearonyear after advancing 3.1 in August WASHINGTON, Oct 2 Reuters US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost taking another interest rate hike from the Federal Reserve this month off the table. The Labor Department39;s closely watched employment report on Friday also showed the unemployment rate increased to 4.2 last month from 4.1 in August as more people entered the workforce. The sharp moderation in job growth likely does not mark a sudden deterioration in labor market conditions. Economists noted that payrolls have a tendency to underperform when the Labor Day holiday falls relatively late in September, as was the case this year. There have been no signs of a broad increase in layoffs. Firsttime applications for unemployment benefits have been hovering at 57year lows amid robust corporate profit growth and resilient domestic demand. Economists said the report reaffirmed the labor market39;s lowhire, lowfire state and likely had no impact on nearterm monetary policy, with inflation remaining the key focus. This is a disappointing jobs report and a reminder that the... https://www.gurutrade.com/news/us-sept-job-growth-misses-forecast-labor-market-stable-1790970767.html Fri, 02 Oct 2026 07:50:04 +0300 https://www.gurutrade.com/news/uk-sept-car-sales-rise-12-as-evs-chinese-brands-gain-1790952638.html BEV registrations jump 36.3 in September Chery39;s Jaecoo 7 leads September UK sales Petrol39;s market share fell to 41.5 in the first nine months Oct 2 Reuters Britain39;s new car registrations rose 12 in September from a year earlier to their highest level for the month since 2017, helped by strong demand for electric vehicles, according to preliminary data from a trade body on Friday. Electric vehicles have been gaining ground in Europe as rising fuel costs, largely driven by global oil shocks from the Iran war, steered customers toward alternatives. Battery EV registrations rose 36 yearonyear to 99,199 units in September, accounting for 28.3 of the market, the Society of Motor Manufacturers and Traders said. In contrast, petrol car registrations fell 6.7 and hybrid EV registrations slipped 4.2 last month, the data showed. The global auto industry has also had to contend with a hit to diesel supply due to the US war with Iran and a Russian ban on exports after Ukraine damaged many of its refineries. There is also growing pressure on Europe as US President Donald Trump considers a potential ban on US diesel exports. Diesel registrations in the UK rose 11.5 in September, although they are down 7 in the first nine months of 2026, with a shrinking market share of about 4.5 this year. Petrol cars still hold the biggest share at 41.5 in the first nine months. Britain is reviewing its zeroemission vehicle targets to ease pressure on carmakers, but the industry... https://www.gurutrade.com/news/uk-sept-car-sales-rise-12-as-evs-chinese-brands-gain-1790952638.html Fri, 02 Oct 2026 03:10:46 +0300 https://www.gurutrade.com/news/poland-fuel-cap-may-ease-pressure-on-central-bank-to-tighten-1790959835.html Fuel package expected to cut inflation by 0.60.7 percentage points, analysts said Lower inflation reduces pressure for an interestrate hike this year Government hopes windfall tax will offset price cap costs WARSAW, Oct 2 Reuters A fuel price cap introduced following the Polish president39;s decision to approve a windfall tax on energy firms will lower inflation towards the target range, reducing pressure on the central bank to raise rates this year, analysts said on Friday. Before the move, a significant acceleration in inflation had increased pressure on the central bank to tighten monetary policy this year a move already signalled by some Polish central bankers. The National Bank of Poland kept its main interest rate at 3.75 in September, maintaining its cautious approach as rising commodity prices and increased energy costs create a risk of a higher inflation rate. The NBP will make its rate decision on Wednesday, with most analysts projecting no change, although market pricing for the next four meetings is almost evenly split between prospects of steady rates and a rate rise amid accelerating inflation. A more favourable shortterm inflation outlook allows the Monetary Policy Council to keep interest rates unchanged this year. Inflation could fall to around 3.5 yearonyear in October, ING economists said. Our updated scenario projects rate hikes only in the first quarter of 2027. The Czech central bank left its main repo rate unchanged at 3.75 last month,... https://www.gurutrade.com/news/poland-fuel-cap-may-ease-pressure-on-central-bank-to-tighten-1790959835.html Fri, 02 Oct 2026 02:10:20 +0300 https://www.gurutrade.com/news/german-govt-to-raise-forecasts-due-to-strong-h1-source-says-1790946328.html BERLIN, Oct 2 Reuters The main driver behind the German government39;s raised economic forecasts is an unexpectedly strong performance of the German economy in the first half of the year, a government source told Reuters on Friday. The economic recovery still lacks a broad base private consumption and corporate investment are developing only sluggishly, while structural problems affecting Germany as a business location persist, the source said. A person familiar with the draft told Reuters on Thursday that the government raised the growth forecast to 1.3 in 2026 and 1.1 in 2027. It had expected 0.5 growth for 2026 and 0.9 in 2027 in its April forecasts. The new government forecasts which will be published on October 8 are in line with those of Germany39;s leading economic institutes, which were published at the end of September. The economy ministry directed Reuters to the release scheduled for next week and declined to comment further. The fiscal measures introduced so far are expected to raise GDP by 1 by the end of 2027, according to the source. For 2028, the government expects growth of 0.6. The public sector will remain a driver of growth, although to a lesser extent than in previous years, the source said about 2028. Reporting by Holger Hansen, writing by Maria Martinez Editing by Ludwig Burger Source Reuters https://www.gurutrade.com/news/german-govt-to-raise-forecasts-due-to-strong-h1-source-says-1790946328.html Fri, 02 Oct 2026 01:10:16 +0300 https://www.gurutrade.com/news/hong-kong-august-retail-sales-rise-5-6-1790961723.html HONG KONG, Oct 2 Reuters Hong Kong39;s August retail sales value jumped 5.6 from a year earlier to HK32.1 billion 4.09 billion for a 16th month of gains, government data showed on Friday. In July, retail sales value rose 4.5 on the year Growth was seen across many types of retail outlets, while online retail sales value grew notably, reflecting a continued shift in consumer spending towards digital channels For the first eight months of 2026, the total retail sales value increased by 8.5 from a year earlier Looking ahead, sustained economic expansion and rising labour earnings should support local consumption sentiment and spending, a government spokesperson said, with growth in visitor arrivals to further inject vibrancy into the sector Visitor arrivals in August rose 5.9 yy to 5.46 million, data, opens new tab from the Hong Kong Tourism Board showed. The number of mainland Chinese visitors increased 8.2 yy to 4.57 million Sales of jewellery, watches, clocks and valuable gifts rose 11.9 yy in August after a revised 19.9 growth in July Sales of motor vehicles and parts decreased 22 yy in August following a revised 18.3 drop in July Sales of clothing, footwear and allied products slipped 0.3 in August after a 1.6 fall in July 1 7.8465 Hong Kong dollars Reporting by Hong Kong newsroom Editing by David Goodman and Alison Williams Source Reuters https://www.gurutrade.com/news/hong-kong-august-retail-sales-rise-5-6-1790961723.html Fri, 02 Oct 2026 12:50:34 +0300 https://www.gurutrade.com/news/uk-firms-see-smaller-price-rises-steady-wages-boe-shows-1790953317.html LONDON, Oct 2 Reuters British firms expect to raise their prices slightly less quickly in the coming 12 months, a survey published by the Bank of England on Friday showed. The monthly Decision Maker Panel showed companies in the three months to September expected price growth of 3.7 in the year ahead, slowing from 3.8 in the previous survey covering the three months to August. Expectations for yearahead wage growth held steady at 3.4. The BoE is watching wage growth and pricesetting by companies to gauge broader inflation risks from the surge in energy prices caused by the conflict in the Middle East. Investors expect the central bank will increase borrowing costs by a quarterpoint in November in what would be the first interest rate hike since the war in Iran started. Reporting by Suban Abdulla Editing by William Schomberg Source Reuters https://www.gurutrade.com/news/uk-firms-see-smaller-price-rises-steady-wages-boe-shows-1790953317.html Fri, 02 Oct 2026 11:50:24 +0300 https://www.gurutrade.com/news/french-manufacturing-expands-at-slower-pace-in-sept-pmi-1790942771.html Oct 1 Reuters France39;s manufacturing sector expanded for a second straight month in September, although the pace of growth slowed as new orders fell, a business survey showed on Thursday. The SP Global France Manufacturing Purchasing Managers39; Index PMI fell to 50.6 points in September from 51.1 in August, said the SP Global survey. Any figure above 50 points marks an expansion in activity, while below 50 shows a contraction. That final September manufacturing PMI was nevertheless stronger than the flash manufacturing PMI figure of 50.3 points. SP Global said there had been an increase in factory production, although new orders had fallen for the fifth successive month. It added that inflationary pressures remained a concern. Data published this week showed that French consumer prices had risen by more than expected, with the headline inflation figure standing at 3.4. Against a backdrop of rising inflation, an intensification of the energy market crisis and a tightening of financial conditions, France39;s manufacturing sector managed to grow in September, said Joe Hayes, senior principal economist at SP Global Market Intelligence. It points to a striking degree of resilience, although falling new orders, inventory pullbacks and weak expectations raise questions about the durability of this expansion, he added. Reporting by Sudip KarGupta; Editing by Toby Chopra Source Reuters https://www.gurutrade.com/news/french-manufacturing-expands-at-slower-pace-in-sept-pmi-1790942771.html Thu, 01 Oct 2026 11:50:33 +0300 https://www.gurutrade.com/news/euro-zone-factory-growth-accelerates-again-in-september-pmi-1790933337.html BENGALURU, Oct 1 Reuters Factory growth in the euro zone continued its upward march in September, hitting its fastest rate in more than four years, as resilient demand drove new orders and output to multiyear highs despite the ongoing Middle East conflict, a survey showed. SP Global39;s Eurozone Manufacturing Purchasing Managers39; Index PMI rose for a third consecutive month to 52.9 in September from 52.7 in August, its highest level since May 2022 and above a preliminary estimate of 52.7. A reading above 50.0 indicates growth. The upturn is being driven by rising demand for investment goods such as machinery and equipment, with output of these capital goods growing in September at a rate not seen since the postCOVID rebound five years ago, said Chris Williamson, chief business economist at SP Global Market Intelligence. This reflects higher demand for AI and defencerelated equipment in particular. Growth was broadbased across the bloc, with the Netherlands leading the expansion. Germany, the region39;s largest economy, recorded solid growth while expansion was modest in France, Italy and Spain. New orders expanded at their fastest rate since early 2022, helped in part by export growth that hit a more than fourandahalfyear high. The output subindex climbed to a 55month high of 53.6, supporting a rise in business confidence to its strongest level since February. After ending a more than threeyear run of job cuts in August, manufacturers stepped up hiring in... https://www.gurutrade.com/news/euro-zone-factory-growth-accelerates-again-in-september-pmi-1790933337.html Thu, 01 Oct 2026 11:30:58 +0300 https://www.gurutrade.com/news/german-manufacturing-upturn-holds-firm-in-september-pmi-1790932973.html BERLIN, Oct 1 Reuters Germany39;s manufacturing sector sustained its upturn in September as production levels and new orders once again registered strong growth despite renewed inflationary pressures stemming from the global energy markets, a business survey showed on Thursday. The SP Global final Purchasing Managers39; Index for German manufacturing fell slightly, to 53.9 in September from 54.3 the month before but above a preliminary reading of 53.8. Production rose for a ninth straight month, easing only slightly after August39;s fastest expansion in more than fourandahalf years. New orders also increased for a fourth month, with export sales growing again on demand from Asia, Europe and the US. The numbers add to the growing narrative that economic conditions are holding up better than expected in the face of elevated energy prices and rising longterm interest rates, said Phil Smith, economics associate director at SP Global Market Intelligence. Cost pressures intensified in September after easing in the previous three months, with input price inflation rising to its highest since June, while output price inflation edged up to a threemonth high. Good producers39; output expectations over the coming 12 months reached their highest level since February. Reporting by Miranda Murray; Editing by Toby Chopra Source Reuters https://www.gurutrade.com/news/german-manufacturing-upturn-holds-firm-in-september-pmi-1790932973.html Thu, 01 Oct 2026 11:10:16 +0300 https://www.gurutrade.com/news/uk-annual-house-price-growth-weakest-since-dec-2025-1790943684.html LONDON, Oct 1 Reuters British annual house prices rose at their weakest annual pace since December 2025 last month and unexpectedly fell 0.2 on the month, in a sign that higher borrowing costs caused by the war in Iran hurt demand. Prices rose by 0.8 in September compared with the same month last year, mortgage lender Nationwide Building Society said on Thursday, the weakest annual growth since December 2025 and halving from August39;s 1.6 increase. The rise was below the 1.3 annual increase which was forecast in a Reuters poll of economists. In monthly terms, prices dropped at the jointfastest pace since May, and below the zero growth forecast in the poll. Market activity and house prices have remained subdued in recent months, in part reflecting the uncertain economic backdrop, said Robert Gardner, Nationwide39;s chief economist. Geopolitical tensions remain high, with the conflict in the Middle East exerting upward pressure on energy prices, fanning inflation concerns. He said while there were signs that higher energy prices were not feeding through to underlying price pressures, investor expectations that the Bank of England will raise borrowing costs have kept upward pressure on mortgage rates. Financial markets expect the BoE to increase the benchmark Bank Rate by a quarterpoint in November and another move is priced in for February. Prime Minister Andy Burnham has announced a new loan program to help first time buyers get on the property ladder. It will... https://www.gurutrade.com/news/uk-annual-house-price-growth-weakest-since-dec-2025-1790943684.html Thu, 01 Oct 2026 10:10:43 +0300 https://www.gurutrade.com/news/asian-factory-activity-expands-thanks-to-global-ai-boom-1790849626.html South Korea39;s activity expands at fastest pace in 4 months Japan, Taiwan factories also benefit from global AI demand Surveys follow those showing factory expansion in China TOKYO, Oct 1 Reuters Factory activity across Asia expanded in September thanks to the global AI boom, private surveys showed on Thursday, offering some relief to policymakers who are concerned about nagging cost pressures attributable to the USIsraeli war on Iran. While a renewed rise in energy prices clouded the global economic outlook, export powerhouses Japan, South Korea and Taiwan saw manufacturing activity expand on solid demand for chips and artificial intelligencerelated goods. On Wednesday, surveys showed that China39;s factory activity also expanded last month as easing weather disruptions allowed factories to resume operations. South Korea, in particular, saw factory activity grow in September at the biggest margin in four months, as export demand grew at the fastest pace in 1512 years. Both new orders and production growth hit the highest for around fiveandahalf years, with anecdotal evidence often linking the expansions to the combined strength of the semiconductor and automotive sectors, said Usamah Bhatti, economist at SP Global Market Intelligence, about South Korea. South Korea39;s purchasing managers39; index PMI, published by SP Global, stood at 53.9 in September, up from 52.3 in August, the highest level since May. The index remained above 50, which separates expansion... https://www.gurutrade.com/news/asian-factory-activity-expands-thanks-to-global-ai-boom-1790849626.html Thu, 01 Oct 2026 09:10:08 +0300 https://www.gurutrade.com/news/us-q2-gdp-revised-higher-amid-robust-consumer-spending-1790855082.html WASHINGTON, Sept 30 Reuters The US economy grew at a solid clip in the second quarter, driven by robust consumer spending and business investment related to the buildout of AI infrastructure. Gross domestic product increased at a 2.2 annualized rate, revised up from the previously estimated 1.5 pace, the Commerce Department39;s Bureau of Economic Analysis said in its third estimate of secondquarter GDP on Wednesday. Economists polled by Reuters had expected that GDP growth would be unrevised. The economy grew at a 2.5 rate in the first quarter. That was revised up from the previously reported 2.1 pace. The BEA revised GDP data going back to 2021 to reflect updated information. The growth numbers suggest the economy has so far held up in the face of headwinds from the USIsraeli war with Iran, thanks to businesses aggressively investing in AI and generous tax refunds from last year39;s tax legislation underpinning consumer spending. Consumer spending, which accounts for more than twothirds of the economy, grew at a 3.8 rate last quarter, revised up from the previously reported 3.4 pace. Spending grew at a 0.7 rate in JanuaryMarch quarter. But even as consumers continue to spend, household budgets are increasingly under strain from higher inflation, notably gasoline prices. A survey from the Conference Board on Tuesday showed consumer confidence diving to a near 1212year low in September. Despite the anxiety over inflation, the vigorous pace of consumer spending... https://www.gurutrade.com/news/us-q2-gdp-revised-higher-amid-robust-consumer-spending-1790855082.html Thu, 01 Oct 2026 08:30:46 +0300 https://www.gurutrade.com/news/us-aug-inflation-below-forecast-gives-fed-breathing-room-1790849101.html PCE Price Index increases 0.3 in August; up 3.4 yearonyear Core PCE inflation gains 0.2; advances 3.0 yearonyear Government changed methodology for some components Consumer spending surges 0.9; saving rate revised higher Gross domestic product increases at upwardly revised 2.2 rate in second quarter WASHINGTON, Reuters US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely reducing the urgency for the Federal Reserve to raise interest rates again in October. Another rate hike this year, however, remains on the table as the report from the Commerce Department on Wednesday showed consumer spending surging last month. The economy so far appears to be holding up despite headwinds from the USIsraeli war with Iran, which has raised energy prices. With diesel prices at record highs, economists expected inflation to remain high. Financial markets knocked down bets for additional policy tightening next month. The lessthanfeared price data for August may buy the Fed time to await more data and pass on October 28, but stillelevated inflation and a resilient consumer and economy point to another rate hike by yearend, said Sal Guatieri, a senior economist at BMO Capital Markets. The Personal Consumption Expenditures Price Index rose 0.3 last month after a downwardly revised 0.1 gain in July, the Commerce Department39;s Bureau of Economic Analysis said. Economists polled by Reuters had... https://www.gurutrade.com/news/us-aug-inflation-below-forecast-gives-fed-breathing-room-1790849101.html Thu, 01 Oct 2026 07:40:52 +0300 https://www.gurutrade.com/news/general-mills-names-insider-mcnabb-ceo-succeeding-harmening-1790857265.html Sept 30 Reuters General Mills on Wednesday appointed Chief Operating Officer Dana McNabb as its CEO, leaning on an insider to steer the company through a difficult environment of high inflation, low consumer spending and private labels eroding branded goods39; market share. Consumer goods firms have been changing CEOs as boards run out of patience with sluggish growth and companies battle US tariff uncertainty and elevated supplychain costs from the Middle East conflict while struggling to connect with younger shoppers. McNabb will succeed Jeff Harmening on January 1, when he becomes the executive chair, after nearly a decade as CEO during which he spearheaded the Cheerios maker39;s entry into the fastergrowing petfood market through its Blue Buffalo deal, reshaped its portfolio and stepped up investment in digital capabilities. McNabb has a tall task ahead of her, said Stephanie Link, chief investment strategist at General Mills investor Hightower Advisors. The goal for her is to return the company to profitable growth, build on other divestitures beyond North American yogurt to narrow the product set and focus on core brands particularly healthfocused offerings and modernize the supply chain, she said. General Mills is facing higher costs, including tariffrelated increases in packaging materials, while seeking price hikes to protect its underpressure margins. McNabb, 50, has spent 27 years at General Mills and held several senior leadership roles across... https://www.gurutrade.com/news/general-mills-names-insider-mcnabb-ceo-succeeding-harmening-1790857265.html Wed, 30 Sep 2026 03:50:55 +0300 https://www.gurutrade.com/news/german-inflation-rises-slightly-faster-than-expected-in-sept-1790783147.html BERLIN, Sept 30 Reuters German inflation accelerated slightly more than expected in September due to the energy price shock of the Iran war, following the trend in other big euro zone economies. Inflation in Germany rose to 3.3 yearonyear, preliminary data from the federal statistics office showed on Wednesday. Analysts polled by Reuters had forecast the EUharmonised consumer price index at 3.2 in September, compared with 2.9 the month before. Energy inflation rose to 14.9 in September from 10.5 in August. Core inflation, which excludes the volatile prices of energy and food, remained unchanged for the third consecutive month at 2.4. The German data comes ahead of the euro zone inflation release on Friday. Inflation in the bloc is expected to come in at 3.6 in September, up from 3.2 in the previous month, according to economists polled by Reuters. Reporting by Miranda Murray and Maria Martinez Editing by Ludwig Burger and Matthias Williams Source Reuters https://www.gurutrade.com/news/german-inflation-rises-slightly-faster-than-expected-in-sept-1790783147.html Wed, 30 Sep 2026 03:10:13 +0300 https://www.gurutrade.com/news/japan-economic-panel-members-underline-boj-independence-1790857758.html TOKYO, Sept 30 Reuters Privatesector members of Japan39;s key economic advisory panel reiterated the need for close coordination on monetary policy between the government and the Bank of Japan on Wednesday, while stressing respect for the central bank39;s independence. The recommendations by the four privatesector members of the Council on Economic and Fiscal Policy CEFP mark a shift from May, when they urged the BOJ to pay close attention to funding conditions at smaller firms, which was seen as a call for caution on further interest rate hikes. While respecting the BOJ39;s independence in monetary policy operations, the government and the BOJ should share assessments of economic and price developments and work in close coordination, each fulfilling its respective role, the members said in a statement submitted to the panel39;s meeting. Japan39;s Economy Minister Minoru Kiuchi told reporters after the meeting that the government and the BOJ maintain close communication and regularly exchange views at various levels. As such, we do not think there is any major discrepancy between the two sides in their understanding of economic and price conditions, he added. The CEFP, which is chaired by the prime minister and includes economyrelated ministers and the BOJ governor, oversees Japan39;s fiscal blueprint and longterm economic policies. The privatesector members39; proposals form a basis of discussions at the panel. The careful wording reflects lessons from the... https://www.gurutrade.com/news/japan-economic-panel-members-underline-boj-independence-1790857758.html Wed, 30 Sep 2026 12:50:03 +0300 https://www.gurutrade.com/news/facing-us-ban-canadian-booze-makers-face-hurdles-at-home-1790767510.html Trade barriers between 10 provinces slow Carney39;s drive to cut US reliance Canadian distillers, winemakers say it39;s difficult to sell nationwide Bulk unbottled whisky still allowed to enter the US after latest Trump measure Ottawa sees much more to do to streamline provincial regulations, spokesperson says WINNIPEG, Manitoba, Sept 29 Reuters As a US ban on many Canadian alcohol imports takes effect on Tuesday, John Cote had hoped to boost domestic sales of his Black Fox artisanal whisky and gin by tapping a wave of buy Canadian sentiment during the trade war with the United States. But it won39;t be easy for him to ship bottles from his Saskatchewan distillery to shelves across the nation. Cote and other brewers, distillers and winemakers say they will struggle to make up for lost US revenues by turning to the Canadian market due to a patchwork of regulations that complicate sales across provincial borders. Many provinces have monopolies on alcohol sales, and they seem reluctant to accept outside products that would compete with local producers, making it hard to win space in shops, they told Reuters. Everybody says 39;We should support Canadian products39;. But from governments, it39;s just talk, said Cote. He said he had sold some whisky at a recent event in Ontario, but lost money on every bottle due to bureaucratic costs and a threeweek delay getting permission. The provincial rather than national focus was on display in Ontario, Canada39;s largest... https://www.gurutrade.com/news/facing-us-ban-canadian-booze-makers-face-hurdles-at-home-1790767510.html Wed, 30 Sep 2026 07:40:59 +0300 https://www.gurutrade.com/news/china-adds-55-tariff-to-brazil-beef-as-imports-hit-quota-1790765383.html BEIJING, Sept 30 Reuters China will start collecting an additional 55 tariff on Brazil39;s beef shipments on October 1 after the South American country reached its annual quota of 1.1 million metric tons, the commerce ministry said on Wednesday. China unveiled the added tariff, applicable to all suppliers, in January to protect its domestic cattle industry. The duty adds to the standard import tariff of 12, taking to 67 Brazil39;s total import duty on all shipments surpassing its quota. Brazil, the world39;s biggest beef exporter, hit its annual quota of 1.1 million tons for shipments to China as of Wednesday, China39;s commerce ministry said. Uruguay had authorised Brazil to use the surplus from its beef export quota to China, Brazilian President Luiz Inacio Lula da Silva said last week. But industry insiders say China has not agreed to allow Brazil to use Uruguay39;s quota this year or the next. Even if Brazil directly reached agreement with other countries over unused beef volumes, China was unlikely to agree, the industry sources told Reuters. In May, Reuters reported Beijing had rejected Brazil39;s repeated lobbying attempts to allow such use. China39;s commerce ministry has not publicly commented on Brazil39;s requests. All eyes are on whether China, the largest buyer of Brazilian beef, will renew its beef quota system for 2027 by yearend. Brazil39;s total beef export volumes are expected to drop 10 in 2026 on the... https://www.gurutrade.com/news/china-adds-55-tariff-to-brazil-beef-as-imports-hit-quota-1790765383.html Wed, 30 Sep 2026 07:30:18 +0300 https://www.gurutrade.com/news/eib-and-bnp-paribas-sign-eu700-million-grid-guarantee-deal-1790754250.html Sept 29 Reuters The European Investment Bank and BNP Paribas have signed an agreement to mobilise 700 million in guarantees for European electricity grid manufacturers, backed by 350 million in counterguarantees from each party, BNP said on Tuesday. The deal, supported by the European Union39;s InvestEU programme, is part of a broader 1.5 billion package to develop and modernise EU energy grids. It follows a separate 1 billion wind energy guarantee portfolio signed by the two institutions in February 2025. The 700 million guarantee portfolio is expected to stimulate up to 2.8 billion of investment in the real economy The agreement will expand BNP Paribas39; capacity to finance manufacturers of electricity grid components as demand rises from the energy transition The deal is part of the EIB39;s PanEU Power Grid package, a 1.5 billion initiative to develop, modernise and strengthen EU energy grids The EIB Group invested 33 billion in energy projects worldwide in 2025, including 11.6 billion in grids and storage, EIB VicePresident Ambroise Fayolle said The grid initiative follows 6.5 billion previously made available by the EIB for wind energy Reporting by Charlotte Van Campenhout. Editing by Mark Potter Source Reuters https://www.gurutrade.com/news/eib-and-bnp-paribas-sign-eu700-million-grid-guarantee-deal-1790754250.html Tue, 29 Sep 2026 05:30:01 +0300 https://www.gurutrade.com/news/uk-consumer-lending-rises-at-fastest-pace-since-1993-boe-1790688772.html LONDON, Sept 29 Reuters Unsecured lending to British households rose at the fastest annual pace since at least 1993 in August, Bank of England data showed on Tuesday, in a sign that household demand remains solid ahead of potential tax rises in October39;s budget. Net unsecured lending to consumers rose by 2.464 billion 3.26 billion on the month, well above economists39; forecast of a 1.9 billion increase and the biggest rise since monthly records started in 1993. The series is not adjusted for inflation. The rise in borrowing comes alongside a twoyear high in consumer confidence, driven by a better outlook for personal finances and economic conditions, said Katie Clinton, head of financial services advisory at KPMG UK. However, with persistently high inflation squeezing disposable incomes, stronger borrowing may also reflect continued affordability challenges pushing people to credit to get by. Market researcher GfK39;s longrunning consumer confidence survey strengthened to a twoyear high this month, and official figures showed shoppers unexpectedly increased their spending last month. Finance minister John Healey will present his first annual budget on October 28 and many economists think he will have to find tens of billions of pounds in tax rises to keep the government39;s deficit reduction goals on track. Tuesday39;s BoE data also showed British lenders approved 54,918 mortgages for house purchase last month, the fewest since December 2023, and below the... https://www.gurutrade.com/news/uk-consumer-lending-rises-at-fastest-pace-since-1993-boe-1790688772.html Tue, 29 Sep 2026 04:30:19 +0300 https://www.gurutrade.com/news/canada-s-growth-unchanged-in-july-august-seen-up-0-2-1790687528.html OTTAWA, Sept 29 Reuters Canada39;s economic growth was flat in July, data showed on Tuesday, in line with expectations and signaling a slower start to the third quarter after a solid growth in the prior three months quarter. This was after three straight months of positive growth and comes right before a new set of tariffs from the United States hit Canada in August. Here are the details Both the goodsproducing industries and servicesproducing industries were largely unchanged in July, Statistics Canada said. The goodproducing sectors contribute roughly a quarter of the gross domestic product. Among the goodsproducing industries, the manufacturing sector decreased by 0.9 in July, posting its first decrease in four months. This was primary led by a decline in activity at petroleum refineries which was down 6.2 in July. The mining, quarrying and oil and gas extraction also posted a decline of 0.5, down for the second month in a row, StatsCan said. However, utilities and constructions sectors grew by 1.7 and 1.3 respectively, offsetting most of the decline, the statistics agency said. The construction sector rose for a fourth consecutive month. Among the servicesproducing industries, retail trade shrunk by 1 and wholesale was down 0.4 in July. The wholesale trade category was among the biggest contributors of growth in June. Professional, scientific and technical services rose 0.3 in July, its largest monthly growth rate since in the last 20 months. Real... https://www.gurutrade.com/news/canada-s-growth-unchanged-in-july-august-seen-up-0-2-1790687528.html Tue, 29 Sep 2026 04:10:00 +0300 https://www.gurutrade.com/news/china-unveils-rate-cut-mortgage-subsidies-to-spur-ggowth-1790688053.html China unveils targeted credit and mortgagesupport measures PBOC cuts oneyear PSL rate by 25 basis points to 1.5 Relending quotas raised for tech, small businesses Some firsttime homebuyers to receive mortgageinterest subsidy BEIJING, Sept 29 Reuters China unveiled measures on Tuesday designed to steer cheaper credit into a range of sectors including infrastructure and technology, as well as expanding support for home buyers, in a fresh bid to shore up its slowing economy. The measures were announced a day after the cabinet pledged to step up countercyclical policy support to address rising economic strains, signalling greater urgency to put the economy on track to meet targets. China is aiming for economic growth of 4.55 this year, but the economy shows signs of losing momentum. After growth slowed to 4.3 in the second quarter, industrial output, retail sales and investment all weakened at the start of the third quarter, while the property sector remained entrenched in a prolonged downturn. On Tuesday, the People39;s Bank of China said in a statement it would cut the rate on its pledged supplementary lending PSL by 25 basis points, and the rate on oneyear PSL to 1.5 from 1.75. The PBOC will also broaden the PSL facility to support investment in water, powergrid, computing, communications, urban pipeline and logistics networks, it said. Chinas latest policy measures suggest a more coordinated effort to support growth by boosting both investment and household... https://www.gurutrade.com/news/china-unveils-rate-cut-mortgage-subsidies-to-spur-ggowth-1790688053.html Tue, 29 Sep 2026 01:50:03 +0300 https://www.gurutrade.com/news/germany-s-wealth-transfers-concentrated-in-west-destatis-1790689984.html BERLIN, Sept 29 Reuters Inheritances and gifts in Germany remained heavily concentrated in the country39;s western states in 2025, with 95 of taxable asset transfers taking place there, the German statistics office Destatis said on Tuesday. Tax authorities assessed 142.5 billion 161.54 billion in inherited and gifted assets in western Germany, compared with 8.0 billion in the eastern states and Berlin. The gap was also stark on a percapita basis. Western states recorded just over 2,100 in taxable inheritances and gifts per resident, more than four times the roughly 500 recorded in eastern states and Berlin. The eastern states and Berlin accounted for 19 of Germany39;s population at the end of 2025, but only 5 of the value of taxable wealth transfers. The economy of the former East Germany has transformed since the defunct communist state reunited with the vastly wealthier West Germany in 1990, but more than a generation on it still lags the west in some key areas. 1 0.8821 euros Reporting by Maria Martinez Editing by Ludwig Burger Source Reuters https://www.gurutrade.com/news/germany-s-wealth-transfers-concentrated-in-west-destatis-1790689984.html Tue, 29 Sep 2026 01:40:14 +0300 https://www.gurutrade.com/news/germany-s-hapag-lloyd-raises-2026-earnings-outlook-1790753888.html Reuters German container shipping company HapagLloyd on Monday raised its fullyear earnings outlook, while cautioning it could change due to a high degree of uncertainty fueled by volatile freight rates and geopolitical tensions. The company now expects earnings before interest, tax, depreciation and amortisation EBITDA for the full year of between 3.9 billion and 4.4 billion, it said in a statement. It also raised its group earnings before interest and taxes EBIT forecast for the year to a range of 1.25 billion to 1.75 billion. Reporting by Kanjyik Ghosh in Barcelona. Editing by Mark Potter Source Reuters https://www.gurutrade.com/news/germany-s-hapag-lloyd-raises-2026-earnings-outlook-1790753888.html Tue, 29 Sep 2026 08:50:11 +0300 https://www.gurutrade.com/news/china-factories-seen-rebounding-as-beijing-signals-more-aid-1790683041.html PMI data to be released on Wednesday Cabinet meeting signals policy urgency; easing measures expected BEIJING, Sept 29 Reuters China39;s factory activity likely swung back to growth in September after two months of contraction, a Reuters poll showed on Tuesday, though a cabinet meeting on Monday underscored the need for further policy support to shore up the economy. The official manufacturing purchasing managers39; index PMI is expected to rise to 50.1 in September from 49.8 the previous month, ending two straight months of contraction, according to a Reuters poll of 29 economists. The 50point mark separates expansion from contraction. The reading, which is based on company surveys, will be released by the National Bureau of Statistics on Wednesday. The private RatingDog manufacturing PMI, compiled by SP Global, is also due on Wednesday and is likely to edge up to 51.6 from 51.5 in August, according to the Reuters poll. The improvement reflects expectations that China39;s vast manufacturing sector recovered from August, when heavy rain and typhoons disrupted factory operations in some regions. Advanced manufacturing and exports have outperformed other parts of the economy this year. China is due to release thirdquarter gross domestic product data and September activity indicators later this month, with officials saying the economy remains on track to meet its annual growth target of 4.5 to 5. However, recent retail sales and investment data have pointed to... https://www.gurutrade.com/news/china-factories-seen-rebounding-as-beijing-signals-more-aid-1790683041.html Tue, 29 Sep 2026 08:30:54 +0300 https://www.gurutrade.com/news/uk-shop-price-inflation-slows-despite-costs-pressures-brc-1790683371.html LONDON, Sept 29 Reuters British shop price inflation slowed slightly in September despite rising costs pressures on retailers caused by the Iran war, according to a survey on Tuesday from the British Retail Consortium which urged the government to do more to help. Retailers have absorbed wave after wave of extra costs, but there is a limit to what businesses can shoulder, BRC Chief Executive Helen Dickinson said. With higher business rates set to hit in April, alongside rising employment costs, energy bills and packaging taxes, the budget is a fork in the road. Finance minister John Healey could help to keep prices down in his October 28 tax and spending plan by helping retailers with their business rates bills, she said. The BRC survey showed Annual shop price inflation fell to 1.4 in September from 1.5 in August but was slightly above the threemonth average of 1.3 Food price inflation slowed to 2.5 from 2.8 as promotions helped bring down meat and dairy prices although poor harvests in Europe pushed up fruit prices and high commodity prices kept chocolate and confectionary prices elevated Nonfood inflation slowed to 0.8 from 0.9 as strong discounting reduced the cost of backtoschool essentials The BRC survey was based on prices collected between September 1 and September 7 Britain39;s broader official consumer price inflation index rose to 3.1 in August and is expected to surpass 4 in early 2027 due to the energy price shock caused by the... https://www.gurutrade.com/news/uk-shop-price-inflation-slows-despite-costs-pressures-brc-1790683371.html Tue, 29 Sep 2026 07:50:15 +0300 https://www.gurutrade.com/news/ecb-eyes-currency-safety-nets-to-boost-euro-s-global-role-1790670998.html FRANKFURT, Reuters The European Central Bank plans to expand currency safety nets to make it easier for foreign central banks to borrow euros, ECB President Christine Lagarde said on Monday, in a bid to strengthen the single currency39;s global standing. The push comes amid concerns over financial fragmentation and growing uncertainty around the future of the US dollar under President Donald Trump. Lagarde said the ECB would work on swap lines, which act as a source of emergency liquidity at times of crisis by allowing foreign central banks to borrow euros in exchange for their own currency. We will be working on swap lines that will be more responsive to the imperative of having a sovereign euro area and a strong euro, Lagarde told European lawmakers. Swap lines relieve pressure on foreign borrowers but also prevent stress abroad from spilling over into the euro area. The ECB has such arrangements with the US Federal Reserve and the central banks of Japan, Britain, Canada and Switzerland. The move is part of an ongoing ECB effort to expand the euro39;s international footprint. The ECB has received nearly 30 applications for a separate lending facility known as repurchase agreements or repo that allows foreign banks to borrow against euro collateral. Central bank officials and investors worry that the US Federal Reserve might eventually cut its own swap lines, which currently serve as the main global lifeline for trillions of dollars in foreign loans.... https://www.gurutrade.com/news/ecb-eyes-currency-safety-nets-to-boost-euro-s-global-role-1790670998.html Tue, 29 Sep 2026 07:40:40 +0300 https://www.gurutrade.com/news/uk-long-run-inflation-expectations-near-15-mth-high-in-sept-1790669464.html LONDON, Sept 28 Reuters Longterm public inflation expectations in Britain came close to their highest level in more than a year in September, adding to pressure on the Bank of England as it considers whether to raise interest rates, a survey from U.S. bank Citi and pollsters YouGov showed on Monday. Expectations for inflation over the next 12 months rose to 4.5 in September from 3.9 in August while expectations for price growth in the longer term rose to 4.3 from 4.1 the highest since June 2025, excluding March. This leaves the series only 15 basis points from its peak in March and, excluding the March print, the highest the series has been since June 2025, Citi said. The BoE is watching closely for signs that the jump in energy prices caused by the Iran war could turn into longerlasting inflation pressures. Citi noted a divergence between its poll of just over 2,000 British households and other inflation expectations surveys like the BoE39;s Decision Maker Panel of businesses. Looking at the yearahead series, the spread between CitiYouGov and DMP was, as of August, 86 bps well above the historical average of 16 bps, Citi said. August39;s difference in expectations was close to a record and the difference was likely to be even wider after the BoE published its next data, the bank added. Citi said it was unclear if the BoE would place more weight on the views of businesses which set prices or on household views which can influence pay demands but are sensitive... https://www.gurutrade.com/news/uk-long-run-inflation-expectations-near-15-mth-high-in-sept-1790669464.html Mon, 28 Sep 2026 04:50:44 +0300 https://www.gurutrade.com/news/uk-housebuilder-shares-rally-on-help-for-first-time-buyers-1790615890.html UK government confirms new firsttime home buyer scheme UK homebuilder index jumps 16 to highest level since March 2026 Building materials suppliers39; shares also surge Sept 28 Reuters British housebuilder stocks surged on Monday after the government confirmed plans for a new firsttime buyer support scheme in next month39;s budget, boosting a sector battered by weak demand and affordability pressures. The 39;Your First Home39; policy, a successor to the 39;Help to Buy39; scheme that ended in 2023, is intended to help firsttime buyers onto the housing ladder and support economic growth. The move could mark the biggest boost yet for a sector hit by high borrowing costs, inflation and weak demand. Builders have long argued that support for firsttime buyers is critical to reviving sales, as companyfunded incentives have weighed on margins without substantially lifting demand. The stock index for British homebuilders jumped 16 to its highest level since March 2026, although it remains about half the level seen before a sharp sector selloff began in 2022. Analysts said companies including Persimmon, MJ Gleeson, Barratt Redrow, Bellway and Taylor Wimpey were likely to benefit most from the scheme because they tend to sell lowerpriced homes. Building materials shares also gained, with Ibstock, Forterra, Marshalls, Breedon and Topps Tiles rising between 5 and 20. The CEOs of housebuilders Barratt, Taylor Wimpey and Vistry all welcomed the policy. It is important now... https://www.gurutrade.com/news/uk-housebuilder-shares-rally-on-help-for-first-time-buyers-1790615890.html Mon, 28 Sep 2026 03:50:05 +0300 https://www.gurutrade.com/news/us-holiday-online-sales-to-grow-6-7-adobe-forecasts-1790601946.html Sept 28 Reuters US online sales will likely grow 6.7 this holiday season, nearly the same pace as last year, as promotions attract dealseeking shoppers, Adobe Analytics forecast on Monday. Higher household costs are turning shoppers more selective and valueseeking. Retailers, including Walmart, Kohl39;s and American Eagle, have raised concerns on consumers39; spending capacity ahead of the key shopping period that drives endofyear sales. Online NovemberDecember sales to grow to 275.1 billion from 257.8 billion a year earlier, Adobe Analytics forecast Discounts are expected to peak at 30 on Cyber Monday, with the deepest markdowns for electronics and computers; Black Friday is likely to offer the best deals on TVs, toys, apparel, appliances and furniture Cyber Monday likely to draw in the biggest spending at 15 billion a 6.2 increase after last year39;s 7.1 Black Friday online sales seen rising 9.2 to 12.9 billion, after last year39;s 9.1 jump; Forecast for Thanksgiving online sales rise is 8.5, up from 5.3 a year ago Adobes forecast is based on over 1 trillion visits to US retail sites, 100 million SKUs, and 18 product categories Reporting by Shania S Thomas and Neil J Kanatt in Bengaluru; Editing by Joyjeet Das Source Reuters https://www.gurutrade.com/news/us-holiday-online-sales-to-grow-6-7-adobe-forecasts-1790601946.html Mon, 28 Sep 2026 03:10:39 +0300 https://www.gurutrade.com/news/india-s-aug-industrial-output-jumps-8-as-output-surges-1790603151.html NEW DELHI, Sept 28 Reuters India39;s industrial output grew at a strongerthanexpected pace of 8 in August, government data showed on Monday, boosted by a surge in manufacturing and electricity output even as mining output contracted. Economists polled by Reuters expected industrial output growth at 6.5 in August from a revised 7.4 a month earlier. In a record performance, manfuacturing recorded growth of 8 or more in the last three consecutive months, the statistics ministry said in an official statement. The government now uses producer prices for factory output calculation as against wholesale prices earlier, a change introduced earlier this year. KEY NUMBERS Manufacturing output grew 9 yearonyear in August against a revised 8.2 in July. Electricity generation rose 12.3 yearonyear in August against an increase of 8.7 a month earlier. Mining activity fell 5.6 yearonyear in August against a decline of 0.9 in July. Output of consumer durables, including cars and phones, grew 11.1 yearonyear in August against a revised 12 increase a month earlier. Output of consumer nondurables, such as food items and toiletries, rose 2.1 yearonyear in August against a revised fall of 0.8 in the previous month. Capital goods output rose 16.9 yearonyear in August against a revised 19 increase in July. Industrial output between AprilAugust grew 6.7, compared to an increase of 4.2 a year earlier. Reporting by Shubham Batra in New Delhi; Editing by Nivedita Bhattacharjee... https://www.gurutrade.com/news/india-s-aug-industrial-output-jumps-8-as-output-surges-1790603151.html Mon, 28 Sep 2026 02:10:41 +0300 https://www.gurutrade.com/news/oracle-blue-owl-delay-ripples-through-ai-financing-sources-1790598490.html Project Jupiter faces a oneyear delay, person familiar with deal says Blue Owl has about 3 billion of equity invested in project, source says Morgan Stanley estimates AI infrastructure would require 1.5 trillion in external financing by 2028 NEW YORK, Sept 24 Reuters Oracle39;s move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trilliondollar market for AI infrastructure financing, according to interviews with bankers and investors. Oracle issued a force majeure notice in connection with Jupiter, a data center campus Blue Owl unit STACK Infrastructure is building to support OpenAI, the latest setback for a sector where lenders and investors are growing more cautious about financing the industry39;s breakneck expansion. Blue Owl said the notice did not alter the parties39; commitment to the project. Even so, the event is reverberating through discussions around other proposed data center financings, including SB Energy, which is developing a campus to serve OpenAI in Ohio, a person close to its financing said. SB Energy decided this week to delay its IPO. Companies can use force majeure provisions when events beyond their control make it difficult to meet their contractual obligations. Lawyers say such provisions are becoming more common in data center development agreements, raising concerns among lenders and investors. The financing side of the AI buildout is starting to... https://www.gurutrade.com/news/oracle-blue-owl-delay-ripples-through-ai-financing-sources-1790598490.html Mon, 28 Sep 2026 09:30:24 +0300 https://www.gurutrade.com/news/china-industrial-profit-growth-slows-as-imbalances-deepen-1790589351.html BEIJING, Sept 28 Reuters China39;s industrial profit growth slowed further in August as strength in technology manufacturing amid the AI boom was outweighed by persistently weak domestic demand. Firms are increasingly struggling to maintain pricing power due to soft consumption and excess capacity in some sectors. Factories are relying on overseas markets for better profits, a shift that risks deepening China39;s reliance on exports at a time of heightened geopolitical tensions and greater scrutiny of its trade surplus. China and the US agreed to cut tariffs on 30 billion in goods and to hold a dialogue on the risks and benefits of AI during Chinese President Xi Jinping39;s visit to Washington last week, but underlying strains in the relationship remain. Profits at China39;s industrial firms in August rose 4.2 from a year earlier, down from 11.2 in July, while profit increased 15.7 in the first eight months, easing from 17.6 in the JanuaryJuly period, National Bureau of Statistics data showed on Monday. Profits in computer, communication and other electronic equipment manufacturing led the gains, jumping 110 in the first eight months, according to a breakdown of NBS data. By contrast, the wine, beverages and refined tea manufacturing industry was among the worst performers, with profits falling 34.7. Going forward, boosting household income and consumption and expanding domestic demand will be crucial to sustaining steady growth in industrial enterprise profits,... https://www.gurutrade.com/news/china-industrial-profit-growth-slows-as-imbalances-deepen-1790589351.html Mon, 28 Sep 2026 07:30:21 +0300 https://www.gurutrade.com/news/us-consumer-sentiment-eases-to-four-month-low-in-september-1790587576.html WASHINGTON, Sept 25 Reuters US consumer sentiment slipped to a fourmonth low in September amid worries that rising inflation would erode households39; purchasing power, a survey showed on Friday. The University of Michigan39;s Surveys of Consumers said its Consumer Sentiment Index fell to a final reading of 48.1 this month from 51.7 in August. This was, however, an improvement from a preliminary reading of 47.8. Economists polled by Reuters had forecast the index at 47.6. The index is down 15 from January. The University of Michigan said consumers39; views of current and yearahead expected personal finances both weakened about 10, with concerns over high prices continuing to climb. Overall, interviews reveal broad agreement across the political spectrum that the outlook for the economy has weakened since the beginning of the year, said Joanne Hsu, the director of the Surveys of Consumers. After particularly large declines in sentiment this month, Republican sentiment is now 20 lower than January 2026. Democrats are down 13 over the same period. The survey39;s measure of consumer expectations for inflation over the next year increased to 4.6 from 4.0 in August. Twelvemonth inflation expectations have surged from 3.4 in February before the USIsraeli war with Iran started. Consumers39; expectations for inflation over the next five years edged up to 3.4 after holding at 3.3 for three straight months. Reporting by Lucia Mutikani; Editing by Andrea Ricci Source Reuters https://www.gurutrade.com/news/us-consumer-sentiment-eases-to-four-month-low-in-september-1790587576.html Fri, 25 Sep 2026 05:50:37 +0300 https://www.gurutrade.com/news/german-lower-house-approves-fuel-tax-discount-1790342373.html BERLIN, Sept 25 Reuters Germany39;s lower house of parliament approved on Friday the second temporary gasoline tax discount this year, which will cost federal and state governments 2.5 billion 2.85 billion. Following approval by the lower house, the upper house of parliament wherethe states are represented is expected to also pass the fuel price discount later on Friday. The government will cut taxes on gasoline and diesel by 0.17 0.20 per litre from the beginning of October until the end of December to help citizens deal with fuel prices sent soaring by the Iran war. As the Middle East conflict shows no signs of easing, the German government has been forced to revive relief measures for consumers and companies after temporary moves earlier this year, trying to contain public discontent and the rise of the farright. Germany approved in April a fuel tax discount for May and June to cushion the impact of higher petrol prices which cost 1.6 billion and, during the two months it was in effect, inflation eased. 1 0.8777 euros Reporting by Maria Martinez and Christian Kraemer Editing by Ludwig Burger Source Reuters https://www.gurutrade.com/news/german-lower-house-approves-fuel-tax-discount-1790342373.html Fri, 25 Sep 2026 02:50:39 +0300 https://www.gurutrade.com/news/us-fed-plans-to-raise-bank-oversight-thresholds-sources-say-1790583800.html Fed could propose reindexed thresholds later this year, three sources say Plan could lift 700 billion threshold to around 960 billion, sources say Changes could spur midsize bank consolidation, four sources say NEW YORKWASHINGTON, Sept 25 Reuters The US Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big banks, four people with knowledge of the matter said, which would allow some lenders to avoid costly additional regulation and potentially spur consolidation. The central bank is expected to soon propose reindexing the thresholds where banks become subject to stress tests of their balance sheets, liquidity, capital and other more stringent rules, to account for inflation and economic growth, the people said. Three of the people said they expect the Fed to propose the changes later this year. Current rules impose stricter requirements when a bank reaches 100 billion in assets, stepping up at 250 billion and again at 700 billion. Lenders say those thresholds, set in 2019, haven39;t kept pace with the economy, subjecting banks to increasingly stringent oversight that exceeds the risks they pose. Banks say crossing the 100 billion threshold typically requires major investment in compliance staff, risk management systems, stresstesting capabilities and regulatory reporting infrastructure that can run into tens of millions of dollars annually. The Fed is considering reindexing the highest threshold closer to 1... https://www.gurutrade.com/news/us-fed-plans-to-raise-bank-oversight-thresholds-sources-say-1790583800.html Fri, 25 Sep 2026 01:10:47 +0300 https://www.gurutrade.com/news/euro-zone-business-lending-slows-slightly-1790350678.html FRANKFURT, Sept 25 Reuters Lending growth to euro zone businesses slowed slightly from relatively high levels in August and held steady in the case of household loans, data from the European Central Bank showed on Friday. Lending growth to businesses eased to 4.2 from 4.4 a month earlier, which was the highest level since mid2023, the data showed. In the case of households, lending growth was steady at 3.1, equalling the highest rate since early 2023. The M3 measure of money circulating in the euro zone, often an indicator of future economic growth, picked up to 3.5 from 3.4, in line with economists39; expectations in a Reuters poll. Reporting by Balazs Koranyi, Editing by Timothy Heritage Source Reuters https://www.gurutrade.com/news/euro-zone-business-lending-slows-slightly-1790350678.html Fri, 25 Sep 2026 11:30:26 +0300 https://www.gurutrade.com/news/oracle-triggers-force-majeure-over-data-center-power-delays-1790690674.html Blue Owl says notice does not change financial commitments to multiyear project Blue Owl has about 3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains on its planned schedule Reuters Oracle issued a force majeure notice to a Blue Owl unit, the developer of a large New Mexico data center, citing potential delays in securing power for the project, a person familiar with the matter told Reuters on Thursday. Shares of Oracle were down 3.3. The source said that securing power for the site is Oracle39;s responsibility under the contract. Oracle cannot terminate the lease under any circumstances, the source said, adding that alternative asset manager Blue Owl has about 3 billion in equity in the project, with Oracle responsible for paying the debt costs. Companies typically invoke force majeure to free themselves from contractual obligations when problems arise beyond their control, a move that can raise concerns among lenders and investors. Rather than exiting as the main tenant, Oracle is attempting to delay payments should the data center dubbed Project Jupiter get derailed and fail to come online in 2028 as planned, according to a report by Bloomberg News, which first reported the development. Oracle did not immediately respond to a Reuters request for comment. Project Jupiter remains on our planned schedule, the company said earlier in the day. Blue Owl, which owns the datacenter developer Stack Infrastructure, said... https://www.gurutrade.com/news/oracle-triggers-force-majeure-over-data-center-power-delays-1790690674.html Fri, 25 Sep 2026 10:40:30 +0300 https://www.gurutrade.com/news/german-consumer-confidence-slumps-as-energy-costs-bite-1790326381.html FRANKFURT, Sept 25 Reuters German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households39; income outlook, a survey showed on Friday. The consumer sentiment index, published by the Nuremberg Institute for Market Decisions and the GfK market research institute, fell to 30.6 points heading into October from a revised 26.8 in September, missing the 27.4 average estimate in a Reuters poll of analysts. The majority of households expect that high energy prices will diminish their purchasing power, said Rolf Buerkl, head of consumer climate at NIM. The income expectations subindex slumped 16.7 points to 15.0, its lowest level since April 2026, shortly before a fuel discount was introduced. Consequently, they are more sceptical about income prospects for the next 12 months, he added. Households39; willingness to save jumped 6 points to 21.5, its highest level since the 2008 financial crisis, as consumers responded to elevated energy costs, the survey found. NIM said the rise was especially pronounced among wealthier households. The willingness to buy edged down 1 point to 10.8, only slightly above the yearearlier level of 11.6, and has hovered around that mark for more than three years. Economic expectations, by contrast, rose half a point to 3.4, a fifth consecutive increase, as Germany39;s economy performed better than expected in the first half of 2026.   OCT 2026... https://www.gurutrade.com/news/german-consumer-confidence-slumps-as-energy-costs-bite-1790326381.html Fri, 25 Sep 2026 09:10:24 +0300 https://www.gurutrade.com/news/china-fuels-rush-to-turn-ai-video-into-an-industry-1790595477.html Chinese local governments are competing to lure AI filmmakers Rapid rise of AI content raise fears of oversupply Industry awaits for clear copyright rules as concerns grow BEIJINGSHENZHEN, Sept 25 Reuters When Zhu Zhili was looking for a base to set up an artificial intelligence film studio in China two years ago, there was just one clear choice the southern city of Shenzhen with its vast tech ecosystem. This year, AI filmmaker Zhu said he has fielded calls from officials in cities and industrial parks across China, all with the same pitch bring your AI film business here. I am approached every day by a range of cities, from major metropolitan areas to smaller localities, Zhu said, hoping we can establish either technology or the company there. Those appeals reflect a major push by China to embed artificial intelligence into every corner of the economy including the latest movies showing at cinemas. Local governments have responded by promising to build tech clusters and offering subsidies to AI filmmakers and startups. That is straight out of a familiar industrial policy playbook, treating AIgenerated content the way China built electric vehicles, solar panels and robotics into globally competitive industries. The result is a fastemerging industry of AI filmmakers, studios and streaming platforms in China seeking an early lead in production techniques and distribution. China has created the best environment for AI filmmakers with cheap rent, living allowance... https://www.gurutrade.com/news/china-fuels-rush-to-turn-ai-video-into-an-industry-1790595477.html Fri, 25 Sep 2026 08:30:39 +0300 https://www.gurutrade.com/news/uk-consumer-confidence-hits-more-than-2-yr-high-in-sept-gfk-1790329083.html Sept 25 Reuters British consumer confidence unexpectedly struck a more than twoyear high this month as households grew more optimistic about their personal finances, according to a survey on Friday that added to recent signs of resilience in the economy. Market research firm GfK39;s Consumer Confidence Barometer rose to 13 in September, up one point from last month and marking its highest level since August 2024, shortly after the governing Labour Party came to power. A Reuters poll of economists had pointed to a fall to 16. GfK said consumers39; confidence in the economic outlook also rose to its highest level since August 2024, while the mood around personal finances hit an eightmonth high Neil Bellamy, consumer insights director at GfK, said the deteriorating inflation outlook could start to weigh on households While the headline score continues to improve, confidence is still firmly in negative territory. With inflation, energy and fuel prices rising, could we soon see consumer sentiment falter? he said Separate consumer confidence readings from YouGovCebr and LSEGIpsos published this month hit their highest readings since February Surveys from BRCOpinium and SP Global have shown a fall in consumer confidence Reporting by Andy Bruce; editing by Suban Abdulla Source Reuters https://www.gurutrade.com/news/uk-consumer-confidence-hits-more-than-2-yr-high-in-sept-gfk-1790329083.html Fri, 25 Sep 2026 07:30:30 +0300 https://www.gurutrade.com/news/bank-of-england-rate-setters-warn-of-sparks-in-tinderbox-1790271013.html BoE39;s Breeden, Lombardelli say rate hike likelier as energy prices stay high Markets price in 75 chance of quarterpoint November rise BoE39;s Dhingra says inflation passthrough unclear before winter BoE has kept rates steady, sees inflation at 4 in early 2027 LONDON, Sept 24 Reuters Two senior Bank of England interest ratesetters suggested on Thursday that they were getting closer to voting for an increase in borrowing costs, as unrelentingly high energy costs raised the risk of inflation getting stuck at high levels. Deputy Governors Clare Lombardelli and Sarah Breeden, who both voted to hold the BoE39;s benchmark rate last week at 3.75, said they were considering shifting position. The longer higher energy prices persist, the greater the risk that indirect effects build and that inflation expectations, wage bargaining and pricesetting behaviour begin to adjust in response, Lombardelli said in a speech in Warsaw. Breeden, speaking at an event in London, sounded a similar warning. The more sparks we39;re throwing in the tinderbox, the more likely we might have to turn the hose on it, Breeden told the London Macro Policy Forum organised by the National Institute of Economic and Social Research. Breeden said the BoE would watch carefully for signs of how big the energy price shock was proving and how much the rise was filtering through into the broader economy. BOE KEPT RATES UNCHANGED AFTER OUTBREAK OF IRAN WAR Britain39;s central bank has so far not... https://www.gurutrade.com/news/bank-of-england-rate-setters-warn-of-sparks-in-tinderbox-1790271013.html Thu, 24 Sep 2026 06:50:13 +0300 https://www.gurutrade.com/news/us-jobless-claims-near-57-year-lows-price-cuts-lift-sales-1790671940.html Weekly jobless claims edged down 1,000 to 197,000 Continuing claims near threeyear low during survey week New home sales jump 6.4 to eightmonth high in August Median house price falls 5.8 to 393,700 from a year earlier WASHINGTON, Sept 24 Reuters New claims for US unemployment benefits hovered near 57year lows last week, suggesting the labor market regained momentum after struggling through much of summer and was so far weathering headwinds from the Middle East conflict. The Labor Department39;s weekly jobless claims report on Thursday, the latest gauge of economic health, suggested the unemployment rate remained steady at 4.1 this month. The number of people collecting unemployment checks was near threeyear lows during the week the government surveyed households for September39;s jobless rate. The USIsraeli war has raised energy prices, with diesel hitting record highs. Economists said this will eventually stoke inflation and restrain economic activity. On Wednesday, a survey from SP Global showed business activity increased in September to the highest in more than five years, with mounting price pressures. It is a race against time perhaps as energy prices have kicked up again as the Iran war stretches on and the economy could always suffer through a soft patch in demand, said Christopher Rupkey, chief economist at FWDBONDS. But in midSeptember the economy seems to be firing on all cylinders in part due to the extraordinary capex expenditures on AI. Initial... https://www.gurutrade.com/news/us-jobless-claims-near-57-year-lows-price-cuts-lift-sales-1790671940.html Thu, 24 Sep 2026 04:50:28 +0300 https://www.gurutrade.com/news/german-institutes-lift-growth-forecasts-morale-rises-1790281307.html Ifo business climate index rises to 89.9 in September from 88.8 in August Institutes lift 2026 growth forecast to 1.3 from 0.6 Institutes see inflation at 2.8 in 2026 and 3.2 in 2027 BERLIN, Sept 24 Reuters Germany39;s leading economic institutes raised their growth forecasts for this year and next, while business morale rose more than expected in September, suggesting Europe39;s largest economy is proving resilient to the energyprice shock from the Iran war. Any pickup would be welcomed by Chancellor Friedrich Merz after Germany39;s sluggish economy proved a sore point in this month39;s regional elections that resulted in big gains for the far right and far left. The German economy is forecast to grow 1.3 in 2026 and 1.1 in 2027, the institutes said on Thursday, up from earlier forecasts of 0.6 and 0.9, respectively. The numbers confirm a Reuters report from Tuesday. The Ifo institute, meanwhile, said its business climate index rose to 89.9 in September from 88.8 in August, topping the 89.0 forecast in a Reuters poll of analysts. Flash PMI data on Wednesday also showed German business activity expanding at its fastest pace in almost a year. A MODEST RECOVERY While the German economy has been recovering since the end of 2025, the rebound, although stronger than expected in the spring, remains modest, the institutes said. The recovery rests on a narrow foundation, as high energy prices and structural problems continue to weigh on economic activity, said Oliver... https://www.gurutrade.com/news/german-institutes-lift-growth-forecasts-morale-rises-1790281307.html Thu, 24 Sep 2026 04:30:04 +0300 https://www.gurutrade.com/news/h-m-promises-change-as-slow-sales-undermine-profit-boost-1790252364.html CEO has focused on profitability Western Europe sales fall 1 in third quarter Operating profit hits 6.04 billion Swedish crowns Shares down 2 STOCKHOLM, Sept 24 Reuters Swedish fashion retailer HM is driving changes to improve efficiency and react more quickly to fashion trends, its CEO said on Thursday, after the company reported a slowdown in sales in Western Europe, its biggest market. Since Daniel Erver became CEO in January 2024, HM39;s profitability has improved and thirdquarter profits were boosted by a oneoff refund of US tariffs. Sales have stagnated, however, as costconscious consumers are cautious and Shein and Zara owner Inditex have provided tough competition. In an interview with Reuters, Erver highlighted the retailer39;s efforts to buy clothes with shorter lead times and from factories closer to its main markets as it faces fastmoving trends and increasingly unpredictable weather. We are able to get product from having a first rough idea to the customer in six weeks, and when we talk about shortening the lead times, it is about increasing the share that we buy in that way, he said. HM39;s sales grew 1 overall in the third quarter in local currency terms, but they declined 1 in Western Europe, where Erver said consumers had been under a lot of pressure for a long time. He also said logistics shifts, including shutting down its Belgian warehouse, had impacted revenue. We are not yet where we want to be, but step by step, we are firmly building a... https://www.gurutrade.com/news/h-m-promises-change-as-slow-sales-undermine-profit-boost-1790252364.html Thu, 24 Sep 2026 03:10:42 +0300 https://www.gurutrade.com/news/uk-retail-sales-drop-cbi-orders-suffer-record-cutback-1790271744.html LONDON, Sept 24 Reuters British retailers this month reported the biggest drop in sales since April and they cut orders with their suppliers by the most since records began in 1983, a Confederation of British Industry survey showed on Thursday. The CBI39;s headline distributive trades balance, which measures activity compared with a year earlier, fell to 55 to 48 in August. Retailers reported a steep fall in annual sales volumes in September, with some firms attributing the deterioration to poor consumer sentiment, said Martin Sartorius, lead economist at the CBI. The persistent sales downturn appears to have prompted retailers to cut back on order volumes at a surveyrecord pace. The CBI said it hoped new Prime Minister Andy Burnham39;s pledge to boost growth in every postcode would include lower property taxes for highstreet retailers Wholesalers and the motor trade also reported deteriorating sales Retailers39; expected sales volumes for August fell to 37 from 22 CBI retail data has been persistently more downbeat than that from the British Retail Consortium and the Office for National Statistics ONS retail sales data last week showed 2.7 annual sales volume growth excluding fuel in the year to June The CBI survey was based on responses from 46 retail chains and 71 wholesalers between August 27 and September 14 Reporting by Andy Bruce; editing by suban Abdulla Source Reuters https://www.gurutrade.com/news/uk-retail-sales-drop-cbi-orders-suffer-record-cutback-1790271744.html Thu, 24 Sep 2026 02:50:40 +0300 https://www.gurutrade.com/news/deepseek-annualized-revenue-run-rate-hits-1b-report-says-1790266061.html Sept 24 Reuters Chinese AI startup DeepSeek39;s annualised revenue run rate has hit 1 billion, more than double from a few months ago, the Information reported on Thursday, citing two people with direct knowledge of the matter. Runrate revenue shows how much a company would make in a year if it continued performing at its current pace. The figure underscores the rapid growth of the AI company that shook the tech industry last year after its models challenged US assumptions about China39;s AI capabilities. The company is planning to go public soon to fund its expansion. CEO Liang Wenfeng shared the latest revenue figure at a recent meeting with investors, as the company pushes ahead with a second funding round targeting 50 billion yuan 7.45 billion at a valuation of 500 billion yuan by the end of October, the Information reported. DeepSeek is also preparing for a potential listing on the Shanghai Stock Exchange, it added. DeepSeek39;s revenue growth was partly driven by raising model pricing by 2.3 to 4.5 times, the news outlet said. Reuters could not immediately verify the report. DeepSeek could not be immediately reached for comment. DeepSeek had hired CITIC Securities to prepare for a potential STAR Market IPO, though the timing, valuation and fundraising size remain undecided, Reuters reported this month. The AI firm continues to devote the bulk of its resources to developing new models, allocating more than 70 of its computing capacity to training while... https://www.gurutrade.com/news/deepseek-annualized-revenue-run-rate-hits-1b-report-says-1790266061.html Thu, 24 Sep 2026 02:30:24 +0300 https://www.gurutrade.com/news/german-morale-rises-more-than-expected-in-sept-ifo-finds-1790280425.html Ifo business climate index climbs to 89.9 from 88.8 in August Reuters poll had forecast a smaller rise Data follow PMI showing fastest German growth in almost a year BERLIN, Sept 24 Reuters German business morale rose more than expected in September, a survey showed on Thursday, signalling that Europe39;s largest economy is weathering an energy price shock that has pushed fuel costs to record highs. The Ifo institute said its business climate index rose to 89.9 in September from 88.8 in August. Analysts polled by Reuters had forecast an increase to 89.0. The reading is the third piece of evidence this week that a longawaited recovery is taking hold. It follows flash PMI data on Wednesday showing German business activity expanding at its fastest pace in almost a year. Also, the country39;s five leading economic institutes presented a joint autumn forecast that raised 2026 growth expectations to 1.3 from 0.6. Ifo39;s gauge of expectations rose to 90.4 from 89.1 in August, while companies39; assessment of their current situation improved to 89.5 from 88.5, the institute said. Any pickup would be welcome for Chancellor Friedrich Merz, whose conservatives scored their worst state election result since 1949 in MecklenburgWestern Pomerania on Sunday as voters punished the government in part because of rising living costs. Merz39;s government has decided to cut fuel taxes by 0.17 0.19 a litre from October 1 until the end of the year. Reporting by Kirsti Knolle,... https://www.gurutrade.com/news/german-morale-rises-more-than-expected-in-sept-ifo-finds-1790280425.html Thu, 24 Sep 2026 11:30:18 +0300 https://www.gurutrade.com/news/s-africa-races-to-keep-auto-exports-competitive-in-ev-era-1790251854.html South Africa offers 150 tax break to boost EV manufacturing. Carmakers say tax breaks alone will not secure investment About 67 of South Africanmade vehicles are exported. Industry says power, logistics and policy certainty remain key hurdles. JOHANNESBURG, Sept 24 Reuters South Africa risks losing future vehicle production to Asian rivals as global automakers decide where to build the next generation of electric vehicles, despite a new government tax incentive aimed at attracting investment, executives say. The industry, which exports about twothirds of its output, is seeking a place in global EV supply chains as rivals in Asia and South America attract investment. President Cyril Ramaphosa has signed into law a 150 tax deduction aimed at spurring electric and hydrogen vehicle production from March 2026, but executives and analysts say the industry39;s future will depend on factors the incentive cannot directly address, such as reliable electricity supply, charging infrastructure, consumer demand, policy certainty and export competitiveness. The automotive industry is a cornerstone of South Africa39;s economy, contributing 23.8 of manufacturing output in 2025, directly employing about 113,000 people and supporting a further 498,000 jobs. Around 67 of locally manufactured vehicles are exported, with the European Union and United Kingdom accounting for 63 of those shipments. Both markets are rapidly tightening emissions standards and accelerating the shift to... https://www.gurutrade.com/news/s-africa-races-to-keep-auto-exports-competitive-in-ev-era-1790251854.html Thu, 24 Sep 2026 09:10:21 +0300 https://www.gurutrade.com/news/us-business-activity-hits-5-year-high-inflation-builds-1790233455.html Composite PMI increased to 58.4 in September, highest reading since July 2021, from 56.0 in August New orders climbed to highest level since March 2022, strong across manufacturing and services Input prices measure highest in nearly four years; suppliers39; delivery times lengthened sharply Work backlogs reached the highest level since May 2022, signaling capacity strains WASHINGTON, Reuters US business activity raced to a more than fiveyear high in September, fueled by a surge in new orders, though strong demand strained supply chains and pushed prices higher. SP Global said on Wednesday its flash US Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 58.4 this month. That was the highest level since July 2021 and followed a reading of 56.0 in August. A reading above 50 indicates expansion in the private sector. The rise in the PMI reflected strong gains in both the services and manufacturing sectors. The PMI was consistent with the economy growing at around a 5 annualized rate, SP Global said. It also noted a sharp rise in work backlogs and supply chain delays, pointing to a lack of operating capacity which fed through to higher prices. The Atlanta Federal Reserve39;s gross domestic product tracking estimate is running at a 5.1 rate. The economy grew at a 1.5 pace in the AprilJune quarter. Business is clearly booming now in both manufacturing and services, said Chris Williamson, chief business economist at SP Global... https://www.gurutrade.com/news/us-business-activity-hits-5-year-high-inflation-builds-1790233455.html Thu, 24 Sep 2026 07:30:38 +0300