November 9, 2026
Wholesale inventories in the U.S. increased in September, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories climbed by 0.7% in September after rising by 0.6% in August. The report said inventories of durable goods rose by 0.6% in September after climbing by 0.9% in August, while inventories of non-durable goods grew by 0.9% in September after inching up by 0.1% in August.
Meanwhile, the Commerce Department said wholesale sales shot up by 2.8% in September after jumping by 2.0% in August. Sales of durable goods jumped by 1.3% in September after surging by 2.4% in August, while sales of non-durable goods spiked by 4.4% in September after leaping by 1.5% in August. With sales increasing much more than inventories, the inventories/sales ratio for merchant wholesalers dipped from 1.23 in August to 1.21 in September. 11/09/2026 - 10:33:00 (RTTNews)
Euro traded at 1.1205 against USD at 9:00 AM PST
Germany's exports recovered in September, while the growth in imports accelerated. Exports rose 2.0% monthly, following a 0.4% decrease in August. Moreover, this was the quickest rise since February. Imports climbed 4.2%, much faster than the 0.6% rebound a month ago. As a result, the trade surplus shrank from EUR 17.9 billion in August to EUR 15.6 billion. In the same period last year, the surplus was EUR 15.5 billion.
Exports to EU countries advanced 3.5% compared to August, and imports from these countries showed an increase of 4.9%. Germany exported only 0.1% more to non-EU countries, while the country imported 3.6% more from those countries. On a yearly basis, growth in exports improved from 7.0% in August to 7.6%. Annual growth in imports also accelerated from 6.4% to 8.7%. Exports to the United States were 10.3% higher. 11/09/2026 - 02:56:00 (RTTNews)
Taiwan's foreign trade surplus increased in October from a year ago. The trade surplus rose from $21.5 billion in the corresponding month last year to $27.9 billion in October. Exports surged 58.9% annually in October, and imports also logged a sharp growth of 75.1%. Shipments of information and communication and audio-video products alone jumped 72.9% from last year, and those parts of electronic products grew by 64.4%. Outflows of machinery were 35.5% higher. On the import side, Taiwan brought in 126.4% more information, communication, and audio-video products during October. Inflows of mineral products rose 58.0 amid higher demand for petroleum, which grew by 107.8%. 11/09/2026 - 06:24:00 (RTTNews)
This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.
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