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ING Think·Oct 27, 202645 signal

FX Daily: Dollar buying returns ahead of FOMC

Articles Published 07:50 FX The greenback has had a good start to the week – in our view, thanks to AI-sentiment stabilisation and some positioning ahead of tomorrow’s FOMC announcement. Today, the focus will be on US consumer confidence, as well as Israeli elections and their potential impact on the Middle East equili

Finance
Channel Africa·Oct 27, 202645 signal

Rand steady ahead of leading indicator data

The South African (SA) Rand was steady in early trade on Tuesday, ​ahead of Central bank data which ‌is expected to offer fresh clues on the outlook for Africa’s most industrialised economy. The Rand traded...

Finance
TradingView·Oct 27, 202649 signal

Gold eases on firmer dollar ahead of Fed decision

By Sukanya MitraGold prices slipped on Tuesday, weighed down by a firmer dollar, while investors looked ahead to the Federal Reserve's policy meeting for fresh guidance on the outlook for interest rates.Spot gold TVC:GOLD eased 0.3% to $4,004.55 per ounce by 0721 GMT, while US gold futures TVC:GOLD...

Finance
MLex·Oct 27, 202648 signal

AI financial risks remain low but warrant monitoring, South Korea central bank says

MLex Summary: The risk of financial stress triggered by the artificial intelligence industry remains limited given the sound finances of leading companies, but vulnerabilities are building as long-term interest rates rise, South Korea’s central bank said in a report published Tuesday. The Bank of Korea identified delays in AI monetization, difficulties in accurately assessing risks and the potential for circular financing to amplify the spread of shocks through the financial system as key concerns. It urged particular attention to potential risks at specialist AI cloud=service providers, or neocloud providers, and AI labs with limited financial resources and low transparency. It added that South Korea could face stronger spillovers than in the past if an AI-driven crisis emerges, given its close links to global supply chains.

EconomyAIFC
Al Jazeera·Oct 27, 202652 signal

South Korea’s GDP growth beats forecasts amid AI boom

Asia’s fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand. South Korea’s economy grew much faster than expected in the July-September quarter amid booming demand for chips used in artificial intelligence (AI). Gross domestic product (GDP) expanded 1 percent on a quarterly basis, or 3

Economy
ifo Institut·Oct 27, 202645 signal

ifo Export Expectations in Germany Rise (October 2026)

Sentiment among German exporters improved considerably in October. The ifo Export Expectations rose to 12.2 points, up from 9.0 points in September. That’s the highest level since February 2022. “The automotive industry in particular has significantly revised its export outlook upward,” says Klaus Wohlrabe, Head of Surveys at ifo. “The signs also point to export growth in many other industrial sectors.”

Economy