Jim Chalmers is facing his toughest tests since he became treasurer. As he squares up for them, his state of mind won’t be helped by Sunday’s Newspoll showing he is the minister people are most dissatisfied...
From 7m agoIntroduction: Crypto 'scammers on overdrive' as Binance customers pull billions from accounts after $6.3bn hackGood morning, and welcome to our rolling coverage of business, the financial markets,...
In the European session, we get the final PMIs for the major Eurozone economies and the UK. The final data is rarely a market mover because markets react more to fresh information like preliminary data.
Dollar Treads Water Before Midterms; Fitch Warning Weighs on Euro The dollar and other major currencies held in a narrow range on Monday as investors waited for Tuesday’s US midterm elections, which could...
Germany’s retail sales dropped 2.0% month-on-month in September 2026, reversing a downwardly revised 1.2% increase in the previous month and missing market expectations for a 0.4% gain. This marked the fourth monthly decline so far this year, driven by falls in both food sales (-1.3%) and non-food sales (-2.4%). Online
The EUR/GBP cross pares gains near 0.8345 during the early European session on Monday. The Euro (EUR) edges slightly lower following weaker German Retail Sales data. However, the stronger-than-expected Q3...
Ouch. Death, taxes, and Germany economic data disappointing on expectations. It feels almost inevitable more often than not. That's a big miss on German retail sales with consumption activity softening across the board.
Tech stocks sold off sharply last week after earnings reports from hyperscalers Alphabet and Amazon raised an unsettling question: What if Big Tech’s cash cows—the advertising, software, and retail businesses...
German Retail Sales, a key measure of consumer spending, showed a surprised downside in September. The consumer spending measure fell 2.0% month-on-month (MoM), according to official data released by Destatis, while it was expected to have increased 0.4%.
ECC is backed by long-term investors led by Apollo as well as ADIC, Athora, Norinchukin, Standard Chartered and Aranda Principal Strategies; launches with €10 billion of lending capacity LONDON, Nov. 02,...
The world’s biggest oil companies are on track to amass profits of more than $95bn (£71bn) in the third quarter as the war in the Middle East drives up the price of fossil fuels.The windfall war profits have...
Google cofounder Sergey Brin spent much of his career on the sidelines of electoral politics. But a proposed California wealth tax has turned the billionaire into one of the state’s most powerful political...
Australia’s economy is set for a “sharper, longer slowdown”, major bank economists say, as the Reserve Bank is forced to keep interest rates higher to rid the nation of persistent inflationary pressures.The...
Last month, on October 19, humanoid robots made by Leju Robotics work at designated stations on an automotive wheel hub bearing production line at the Zhejiang Jiaofeng Machinery and Electronics factory in Hangzhou, Zhejiang Province, China. Agence
The seasonally adjusted index fell to 54.7 in October from 55.1 in September and remained below the flash figure readings of 54.9. But the index was comfortably above the neutral mark of 50 and its long-run average.
Commerzbank’s Thu Lan Nguyen notes EUR/USD has settled around 1.12 after dropping from 1.16, with options-implied volatility falling again. She argues that limited changes in relative Fed and ECB expectations...
MaterialsHarsh conditions incentivize exports, risking more trade tensionsA steel plant of Shandong Iron & Steel Group in Jinan, Shandong province: The company says it is being "squeezed from both ends,"...
Can we talk about Social Security for a minute — an important program that helps keep many older adults in Louisiana out of poverty?For years, budget analysts have warned Congress that Social Security has a...
USD/IDR gains after two days of losses, trading around 18,180 during Asian hours on Monday. The currency pair appreciated as the Indonesian Rupiah (IDR) remained subdued following the release of a mix of domestic economic data.
SemiAnalysis launched GDPx, an AI benchmark of 206 agentic tasks in 11 domains. Claude Opus 5.5 leads with 12%, ahead of Gemini 4 Carbon and GPT-6 Astra.SemiAnalysis has released GDPx, a new AI benchmark that...
The Japanese Yen (JPY) is down against its major currency peers, except antipodeans, at the start of the week. In the early European trade, the US Dollar (USD) is up 0.17% at around 157.77 against the Japanese currency.
From fuel to food and a day at the football, Americans are feeling the burden of the rising cost of living. It's the only issue on the mind of many voters as they prepare to cast their ballot in the US midterm elections.
SemiAnalysis on November 2, 2026 released GDPx, a benchmark for general agentic capabilities spanning 11 professional domains, in an announcement authored by Max Kan, Andrew Megalaa, and Dylan Patel. Anthropic's Claude O...
Published Mon, Nov 2, 2026 · 01:34 PMINDONESIA’S trade surplus narrowed to US$3.36 billion in September, official data showed on Monday (Nov 2), still much higher than the US$1.9 billion surplus forecast in a...