Germany reportedly sees risk of just 0.5% growth (prev. 1%) this year due to the Iran conflict, according to Bloomberg; Germany considers increases sales tax to at least 21% (prev. 19%)
Every headline is on the live feed 20 minutes before this site.
Malaysian PM says Iran is allowing Malaysian vessels to pass in the Strait of Hormuz after discussions were held with leaders from Iran, Egypt and Turkey, according to reports
SMIC says if export control measures of US and others against China become more stringent in future, may face risk of tight supply on production materials
Germany reportedly sees risk of just 0.5% growth (prev. 1%) this year due to the Iran conflict, according to Bloomberg; Germany considers increases sales tax to at least 21% (prev. 19%)
US President Trump says Iranian negotiators are very different and strange; they are begging us to make a deal; they better get serious soon, before it is too late; once that happens there is no turning back
Kraken says it is investigating an issue with Sui funding gateway; deposits and withdrawals may be delayed at this time
On the Newsquawk feed at , 20 minutes before this page.
- Cut 2027 GDP growth forecasts to 1.2% (prev. 1.3%)
Context
Germany's downgrade of its growth forecast to just 0.5% this year, attributed to the ongoing Iran conflict, signals potential strain on the economy. The proposal to increase the sales tax could further weigh on consumer spending, while the revision of longer-term GDP growth reflects persistent economic concerns. This could influence ECB policy considerations as they navigate the growth-inflation balance.
Related headlines
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call10 hours ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 5 hours ago
- Two rockets were launched from the city of Tabriz in western Iran, Sabreen reports; Two missiles fired from Iran towards the Strait of Hormuz6 hours ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL6 hours ago
- Indian shipping official says a crude oil tanker was targeted by a missile in the Strait of Hormuz; official also notes the Romania incident on October 14th7 hours ago
- Iran's Deputy Foreign Minister says that Saudi Arabia is yet to respond to the Iran response on mediation efforts relating to Yemen8 hours ago
- Iran Foreign Ministry Spokesperson says Iran is ready to help peacefully resolve issues between Saudi Arabia and Yemen; has always been ready to use best efforts to help resolve the conflict8 hours ago
- US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it8 hours ago
- US President Trump says Israel has been helpful to Saudi Arabia8 hours ago
- US President Trump says he wants the Russia/Ukraine war ended; on Zelensky/Ukraine, says at some point I'll release details; I think it's good; will get a deal on nuclear arms with Russia and China8 hours ago
- US President Trump, when asked about the Ukraine starlink slowdown, says i did not slow it down8 hours ago
- [MARKET UPDATE] Crude benchmarks lift to session highs, gains of c. USD 2.00/bbl for WTI and Brent, to the continued detriment of fixed income, stocks and FX vs the USD9 hours ago
- The SNP-led Scottish government is set to drop its long-standing opposition to new oil and gas exploration in the North Sea, reports Politico9 hours ago
- US lawmakers introduce bill to block US President Trump’s Russia diesel deal10 hours ago
- Russia’s Ryazan oil refinery has halted operations of one of its primary units since October 15th drone attack, according to reports, citing sources10 hours ago
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues11 hours ago
- Russian President Envoy Dmitriev says Russia and the US discussed in the Arctic and LNG11 hours ago
- US fighter jets were reportedly flying at low altitudes over the border areas with Saudi Arabia and conducting aerial surveillance operations in the western regions of the province, reports Nour News12 hours ago
- US White House Press Secretary says on inflation, US President Trump is doing everything he possibly can13 hours ago
- Russian Ministry of Defence says that the Tu-22M3 long-range bombers flew over neutral waters of the Baltic Sea, escorted by foreign fighters, according to TASS13 hours ago
The feed had this first.
Use the Platform