Macroeconomic data, trends, and policy developments.
Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.
7,101 total articles
Bank of America expects Mexico's central bank to keep its policy rate at 6.50% at the August 6 meeting. The bank says a stronger GDP print reduces downside risks but does not indicate overheating, while headline and core inflation both sit under 4%, giving Banxico latitude to remain patient. BofA maintains that the central bank will likely stay on …
New York Fed President John Williams said he expects inflationary pressures to subside gradually if key shocks have peaked, but warned the Federal Reserve will act with additional rate hikes if inflation does not move toward the 2% target. He emphasized close attention to core inflation data in coming months and supported the recent decision to hol…
In a wide-ranging interview conducted on July 31, two days after the Federal Open Market Committee meeting, New York Federal Reserve President John Williams laid out his assessment of inflation drivers, the role of tariffs, the impact of the Middle East conflict on energy prices, and the Fed's rationale for holding policy steady. He described his b…
A coordinated effort by U.S. and Japanese authorities to counter speculative selling of the yen reflected months of planning and unusually frank public and private alignment on exchange-rate concerns. Tokyo shifted from public warnings to discrete coordination with Washington, culminating in yen-buying operations that temporarily steadied the curre…
South Korea's finance ministry on Aug 3 put forward revisions to the annual tax code that would raise taxes on multiple and high-priced property owners while expanding exemptions for those who own and live in a single home. The measures, announced after a closed-door meeting convened by President Lee Jae Myung, aim to address surging house prices a…
The Bank of Japan said global demand tied to artificial intelligence could sustain upward pressure on Japan's inflation, noting that an investment surge linked to AI may outpace productivity improvements in the near term. The central bank highlighted rising producer prices driven both by higher oil costs from the Middle East conflict and a positive…
This week’s market agenda is dominated by renewed developments in the Middle East and a U.S. employment report that could influence the Federal Reserve’s stance. Readouts on U.S. manufacturing and services activity, the first quarterly results from SpaceX after its landmark initial public offering, and earnings from Advanced Micro Devices are also …
Global financial markets head into the week marked by intense volatility across AI-related stocks, an unexpected coordinated yen intervention by Japan and the U.S., renewed tensions in the Middle East, and mounting climate-driven disruptions in Europe. Key economic events include India’s central bank policy meeting and the U.S. non-farm payrolls re…
Eurozone manufacturing output accelerated in July to its strongest pace in nearly four-and-a-half years, according to the latest S&P Global PMI data. The advance was largely supported by companies working through existing order backlogs rather than stronger inflows of new business, leaving the recovery's momentum fragile. Inflation ticked up to 2.9…
The European Central Bank's Economic Bulletin reports a marked fall in euro zone household consumption in the weeks following the outbreak of the Iran war, driven by a collapse in consumer confidence. Nominal consumption growth eased from mid-2024 averages of 3%-4% to roughly 2.5% year on year in April, with wealthier households curbing discretiona…
The World Bank maintained its 2026 growth forecast for the Philippines at 3.7%, saying the country's recovery will likely be slower than previously anticipated. The lender flagged weak investment, constrained consumption and sustainability concerns as primary drags, and noted that peso depreciation has kept import costs elevated and delayed a slowd…
The yen rallied sharply in early Asian trade, reviving concerns that Japanese authorities could again step into foreign-exchange markets. The move follows coordinated intervention with the United States and a string of large-scale actions by Japan's finance ministry and the Bank of Japan over recent years. This report traces Tokyo's interventions a…
A survey of economists indicates Indonesia's economic momentum probably slowed in the April-June quarter, with year-on-year growth expected at 5.10% and quarter-on-quarter activity seen rebounding 3.50% after a slight contraction. The results highlight a retreat in consumer demand following the festive period and diminished contributions from net e…
Australian equities rose on Monday, led by gains in banks, healthcare and gold stocks after U.S. President Donald Trump said Iran and other regional nations requested time to finalise an agreement to reopen the Strait of Hormuz. The benchmark S&P/ASX 200 advanced 0.5% to 9,019.30, carrying momentum from July’s strong monthly showing. Energy stocks …
Japan and the United States carried out joint yen-buying intervention to curb the currency's descent from multi-decade lows, a move confirmed by Japan's finance ministry. A photographed notepad suggested U.S. purchases of $5 billion to $10 billion of yen were being considered. While the intervention pushed the yen higher intraday and lifted short-t…
China has reiterated support for a development model that privileges investment and advanced industries over boosting household consumption, signaling a defensive stance ahead of scheduled trade discussions with the United States and the European Union. Senior party pronouncements and a commerce ministry paper reject Western accusations of unfair i…
Bank of America Securities economists use the 'Anna Karenina Principle' to frame the Federal Reserve's recent decision to hold rates at 3.75%, warning that incomplete communication and reliance on market-driven rate moves could threaten the anchoring of inflation expectations and complicate policy outcomes.
U.S. equities entered the week in a fragile state, pressured by conflicting earnings from large technology firms, uncertainty over Federal Reserve communication and renewed geopolitical tensions that have lifted oil and Treasury yields. Upcoming U.S. payrolls data and a slate of heavy corporate reports, including several megacaps and a first quarte…
China’s central bank said it will keep monetary policy appropriately loose, maintain ample liquidity and adjust policy tools as needed, while facilitating issuance of yuan-denominated panda bonds and supporting market-oriented solutions for local government financing vehicles. The pledge follows a Politburo call to speed fiscal spending on budgeted…
An improvised explosive device detonated inside the Balzi Rossi Italian restaurant in central Moscow on Saturday night, killing three people and injuring 21. Officials say an unidentified woman carrying a concealed device attempted to enter the restaurant posing as a delivery person. A security guard tried to stop her before the device exploded. In…
Russian authorities reported a large overnight barrage of Ukrainian drones that killed at least two people, damaged civilian infrastructure in the Saratov region and struck a Wildberries distribution centre in Samara. The Defence Ministry said 635 Ukrainian drones were intercepted, while officials assess the extent of damage and casualties at comme…
Companies in Hungary with ties to Viktor Orban’s administration are scaling back large-scale projects and refocusing their business models after Péter Magyar’s election victory ended Orban’s 16-year rule. The new government has pledged to review contracts and curb alleged favouritism in public procurement, prompting construction groups and politica…
Artificial intelligence is reshaping the UK jobs market into a two-speed environment: demand is rising for senior software and tech specialists while vacancies across retail, manufacturing and certain white-collar roles have dropped substantially. Data from job postings show an overall decline in advertised roles alongside concentrated growth in se…
Public opposition to new data center construction has risen sharply, making state-level permit moratoriums and federal restrictions on frontier AI models the primary near-term policy risks to the current wave of AI capital expenditure, according to research cited in the reporting. While analysts do not expect a broad national ban, targeted state ex…
Russian forces launched a major overnight missile and drone assault on Kyiv that Ukrainian officials say killed nine people, injured at least 30 and caused damage to civilian buildings and Lithuania's embassy. Ukrainian authorities detected hundreds of aerial weapons during the strikes, while Moscow reported strikes on military-related targets and …
