Swedish bank Handelsbanken reported a smaller-than expected fall in third-quarter net profit on Wednesday as interest income narrowly beat forecast in the face of pressure from central bank rate cuts. ...

Core Insights - The U.S. Federal Reserve is expected to implement its first rate cut of the year, with speculation on whether it will be 25 or 50 basis points [1][2] - The Bank of Canada is also anticipated to reduce rates, while the Bank of England and Bank of Japan are likely to maintain their current rates [3] - Geopolitical risks, including Fitch's expected downgrade of France's credit rating, have not significantly impacted market sentiment, as Fitch's outlook remains stable [4] Market Developments - The MSCI's Asia-Pacific ex-Japan index is near four-year highs, and South Korea's Kospi reached a record high after a tax hike on stock investments was canceled [5] - U.S.-China trade talks are ongoing, focusing on tariffs related to China's oil purchases from Russia and the divestment from TikTok [5][6] - U.S. Democrats are urging the Trump administration to address China's "structural overproduction" as part of broader economic reforms [6]

By Sara Rossi and Alun John LONDON (Reuters) -The U.S. Federal Reserve is an outlier among central banks in developed markets, as it looks set to resume rate cuts just as many of its peers are reaching the end of their easing cycles. The European Central Bank (ECB) left rates unchanged on Thursday, while Japan is expected to hike rates before the year is out. Here's where 10 major central banks stand: 1/ SWITZERLAND The Swiss National Bank meets on September 25. After it cut its key rate to 0% in June ...

The dollar index (DXY00) on Monday fell by -0.32% and posted a new 1.5-month low.  The dollar is under pressure from last Friday's weak US unemployment report and the increased expectations for Fed easing through year-end.  The dollar is also being undercut by concerns over Fed independence, which could prompt foreign investors to dump dollar assets as President Trump attempts to fire Fed Governor Cook, and by Stephen Miran's intention to be a Fed Governor while still technically holding his White House jo ...