China Exports Fall Sharply Amid U.S. Tariff Impact
China's exports experienced their steepest decline since February, primarily due to reduced demand from the U.S. driven by tariff pressures. This drop highlights ongoing trade tensions affecting global trade flows.
South Africa Gross $Gold & Forex Reserve increased to $71.55B in October from previous $69.739B
South Africa Gross $Gold & Forex Reserve increased to $71.55B in October from previous $69.739B
South Africa Net $Gold & Forex Reserve up to $69.364B in October from previous $67.865B
South Africa Net $Gold & Forex Reserve up to $69.364B in October from previous $67.865B
GBP/USD edges lower to near 1.3100 on potential for further BoE rate cuts
GBP/USD edges lower to near 1.3100 on potential for further BoE rate cuts
USD/CHF gains traction above 0.8050 amid US Dollar strength
USD/CHF gains traction above 0.8050 amid US Dollar strength
Australia's Foreign Reserves Slightly Decrease to 107.0B in October
Australia's foreign reserves marginally declined to 107.0 billion AUD in October from 107.1 billion AUD previously. This slight change indicates stability in the country's foreign currency holdings.
EUR/USD trades firmly near 1.1540 on renewed US labor market risks
EUR/USD trades firmly near 1.1540 on renewed US labor market risks
USD/INR edges higher despite optimism on US-India trade deal
USD/INR edges higher despite optimism on US-India trade deal
Nomura Pushes BOE Rate Cut Forecast to April 2026, Maintains Terminal Rate at 3.50%
Nomura has postponed its forecast for the Bank of England's rate cut to April 2026, while keeping the terminal interest rate unchanged at 3.50%. This adjustment reflects a more prolonged period of higher rates than previously anticipated.
China’s Exports Decline for First Time Since Trade Tariffs Imposed
China has reported a drop in exports, marking the first decline since the introduction of trade tariffs during 'Liberation Day.' This development signals potential challenges in global trade dynamics and may impact economic forecasts.