Thai Central Bank Surprises Markets With Rate Hold
The Bank of Thailand held its policy rate steady, surprising markets with its first decision under the new governor’s tenure....
Finance
German Industrial Production Slumps on Entrenched Tariff Uncertainty
Output in factories in Europe’s largest economy sank 4.3% on month, a considerably weaker result than consensus expectations. Source link
New Zealand’s Central Bank Delivers Outsized Cut to Revive Stalled Economy
The Reserve Bank of New Zealand delivered a 50-basis-point cut in interest rates, reacting to a run of weak economic...
Without China as a customer, American soybean farmers are in panic mode as they harvest what is expected to be a bumper crop
China, the world’s biggest soybean buyer, hasn’t booked any U.S. soybean purchases in months. Farmers warn of a “bloodbath.” Source...
Equifax Cuts Prices After FICO Shakes Up Credit-Score Market
The data and technology company will offer its VantageScore 4.0 mortgage credit scores for less than half of the price...
EU Plans 50% Tariff on Excess Steel Imports in Bid to Tackle Overcapacity
Growing overcapacity, rising steel imports and tariffs from other countries were compounding challenges for the EU steel sector, officials said....
Global Trade Growth to Be Stronger Than Expected, WTO Says
Global trade in goods will increase more rapidly than previously expected this year as purchases of goods related to artificial...
Canada Goods-Trade Deficit Widens as Exports Retreat
The country recorded a merchandise-trade shortfall of about $4.53 billion in August. Source link
German Factory Orders Unexpectedly Fall Again Amid Tariff Uncertainty
Orders sank for the fourth straight month in August as tariff uncertainty over the summer damped international bookings. Source link
Australian Consumer Confidence Takes a Hit Amid RBA Caution on Rates
Australian consumer confidence fell last week as the Reserve Bank of Australia left interest rates on hold and signaled that...