Daily Espresso - Morning Recaps

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Daily Espresso - Morning Recaps

Good morning everyone, here's a quick recap of some important news from yesterday!

  1. China September exports +8.7% y-o-y (vs. +10.5% expected) - yuan terms.
  2. Brexit: PM tells cabinet he still believes there is a deal to be done.
  3. US September CPI +1.4% y-o-y vs +1.4% expected.
  4. IMF sees 2020 world GDP shrinking -4.4% vs. -5.2% estimate in June.
  5. Gold falls on the dollars run higher.
  6. Australia - Westpac Consumer Confidence Index for October: +11.9% m/m (prior +18%).

Source: Real-Time News

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