FX.co ★ Forex Humor. A look at the Forex market with Humor
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Merz pledges to cut Germany’s electricity tax to EU minimum
Chancellor Friedrich Merz has announced plans to cut the electricity tax for all consumer categories to the minimum level permitted within the European Union. The statement followed consultations with conservative...
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France GDP stalls at 0.1% in Q3 as recovery loses momentum
France’s economy grew by just 0.1% in the third quarter, according to estimates from the national central bank. The euro area’s second‑largest economy showed only a modest pickup after three...
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Chinese data centres shift to Huawei, Alibaba chips, squeezing Nvidia
Nvidia’s share of AI‑accelerator shipments to China fell to 34% in the first half of the year, Reuters reports, citing IDC data. The US firm shipped some 678,000 specialized chips...
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AI boom poses threat to financial stability, IMF chief economist warns
Concentration of supply chains for artificial intelligence among a small number of countries and corporations poses a serious threat to global financial stability, Silvana Tenreyro, the IMF’s chief economist, warned...
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IMF calls for targeted aid and firm central bank policy to preserve economic buffers
The global economy has shown remarkable resilience to a string of shocks, but its buffer is running out, IMF Chief Economist Silvana Tenreyro said. She argued that countries must shift...
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Trump ultimatum prompts Germany to unlock emergency fuel stocks as G7 frees 100m barrels
Germany will draw down its strategic reserves and put up to 15 million barrels of oil and refined products into the market, the economy ministry said, as part...
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Brussels curbs Chinese hybrid imports, easing pressure on European carmakers
European automakers are opening the Paris motor show with palpable relief after a provisional deal between the EU and China sharply curbed Chinese hybrid exports to Europe, cutting volumes...
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Saudi Aramco to resume full European deliveries in November after pipeline restored
Saudi Aramco has officially reassured European refiners that they will receive their requested crude volumes in November after restoring the kingdom’s main interregional East‑West pipeline, which was damaged in recent...
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Trade gap with China tops €1bn daily
Trade ties between the European Union and China have reached a critical point. Brussels is scrambling to protect local producers from a flood of Chinese imports. The trade imbalance between...
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Tanker data ousts political rhetoric as primary signal in oil market
The oil market has effectively stopped reacting to US President Donald Trump’s geopolitical rhetoric, with traders instead tracking the movement of actual tankers and record‑high freight rates, Bloomberg reports. Verbal...