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More German companies planning price increases, Ifo Institute says More German companies are planning to hike prices in the coming month, according to a new Ifo Institute survey published Wednesday. Price expectations across the whole economy for the coming month hit 53.5 points in September, up from a seasonally-adjusted 48.1 in August. The food price … Read more

India plays hardball on UK trade deal as Liz Truss scrambles for a win – POLITICO

Press play to listen to this article LONDON — India is driving a hard bargain as Britain’s crisis-hit government tries to get a coveted trade deal over the line within weeks. Prime Minister Liz Truss, whose fledgling administration could do with a break amid market turmoil and plunging poll ratings, has ordered her trade chief … Read more

Fed hike, Bank of Japan, interest rates, currencies

Oil prices climb after Fed’s rate hikes, demand fears linger Oil prices climbed following the Fed’s third consecutive rate hike. Reuters also reported Chinese refiners are expecting the nation to release up to 15 million tonnes worth of oil products export quotas for the rest of the year, citing people with knowledge of the matter. … Read more

Stock futures are flat as Wall Street awaits key inflation report

CNBC Pro: Want to invest in real estate? These REITs are among analysts’ favorites Real estate investment trusts — or REITs — are coming back to the spotlight after a volatile year for many asset classes. Analysts from Morgan Stanley and Citi highlight REITs from two sectors that they say could outperform the wider market, … Read more

Hong Kong’s Hang Seng rises 2%, leads Asia markets higher after Powell’s inflation comments

HSBC says China’s latest inflation readings allow PBOC to maintain accommodative monetary policy China’s latest inflation figures give the People’s Bank of China room to maintain its current monetary stance, HSBC said in a note. “The moderation in price pressures gives the PBOC room to stay accommodative,” greater China economist Erin Xin said. Xin added … Read more

Asia-Pacific markets trade lower; China’s trade data in August misses expectations

Japanese yen weakens further, inching closer to 145 The Japanese yen weakened further to 144.35, the weakest since mid-1998 – as the US dollar index strengthened, hitting a fresh 24-year peak against the Japanese currency. The offshore Chinese yuan also weakened to 6.99, inching closer to the 7 mark, following weaker-than-expected trade data. South Korea’s … Read more

Obama returns to White House to celebrate health policy | Joe Biden News

The visit is Obama’s first to the White House since the inauguration of former President Donald Trump in 2017. Former United States President Barack Obama is set to return to the White House for the first time since handing over the country’s top job to his successor, former President Donald Trump, in 2017. Obama will … Read more