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China, EU to have second trade, investment consultation mechanism meet this autumn

China and the EU have agreed to hold one or two minister-level meetings of the China-EU trade and investment consultation mechanism every year, China's commerce ministry said on Thursday.The Chinese side has invited the EU trade chief to visit China this autumn for the second meeting of the consult…

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Economy
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CBOT soybeans may retest support at $11.47

The CBOT soybean November contract (SX26) may retest a support at $11.47 per bushel, a break below could trigger a fall into the $11.38-1/2 to $11.42-3/4 range.A wave C from $11.24-1/2 seems to have completed around a key resistance at $11.60-3/4, its 100% projection level. The subsequent correctio…

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Futures
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UK business morale slumps as Iran war pushes up costs, survey shows

British business confidence fell to its lowest since 2022 as the Iran war, which pushed up costs, saps expectations for future sales, a survey of accountants showed on Thursday.The Institute of Chartered Accountants in England and Wales said that ​its quarterly Business Confidence Monitor fell to i…

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Economy
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Argentina seen managing 2027 debt wall but political risk is key

By Rodrigo CamposArgentina faces a foreign-currency debt test in 2027, the year President Javier Milei is expected to seek re-election, but investors are increasingly confident he can find a way through as fiscal discipline and economic stability improve.The South American country is looking at ove…

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Bonds
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Spain's June jobless falls 1.24% from May to 2.29 mln

The number of people registering as jobless in Spain fell by 1.24% in June from a month earlier, or by 28,739, leaving a total of 2.29 million people out of work, data from the Labour Ministry showed on Thursday.Spain gained 92,531 net formal jobs in June to 22.21 million jobs, on a calendar-adjust…

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Economy
reuters

UBS has enough capital to satisfy planned Swiss reforms, central bank says

The Swiss National Bank said on Thursday that UBS SIX:UBSG is so well capitalised that it already meets proposed tougher capital requirements at the heart of efforts to strengthen banking rules after Credit Suisse's collapse in 2023.After UBS acquired its fallen rival, authorities moved to impose s…

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StocksCH
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Firefighters battle wildfire in southern France

Firefighters were battling to bring a wildfire in the Aude region of southern France under control on Thursday, as the country grappled with the effects of Europe's recent heatwave.The local administration for the Aude area, near the border with Spain, wrote on X that weather conditions remained un…

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