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.
7,128 total articles
Australia's monthly household spending indicator increased in January to A$78.98 billion, reflecting a modest rebound that did not fully compensate for December's decline. Annual spending growth slowed to 4.6%, while consumers shifted toward essentials as concerns over rising interest rates persist. The data leaves markets expecting further tighten…
The U.S. Senate voted 53-47 on Wednesday to block a bipartisan war powers resolution that would have sought to halt President Donald Trump's military operations against Iran and require congressional approval before further hostilities. Supporters argued the measure was necessary to restore Congress's constitutional authorization role after the adm…
Global equity markets climbed on Wednesday as signs that hostilities in the Middle East might de-escalate, together with calmer energy markets, prompted investors to unwind some positions. Economic surveys for February showed broadly firm activity across the United States, China and Europe. Separately, President Trump formally submitted Kevin Warsh…
China’s annual parliament session convenes as leaders prepare to present a growth target of 4.5% to 5% for 2026 and publish the 15th five-year plan outlining priorities for 2026-30. The government is expected to emphasize upgrading high-tech industries and bolstering domestic demand, but analysts warn those objectives pull resources in opposite dir…
U.S. Commerce Secretary Howard Lutnick, Goldman Sachs lawyer Kathryn Ruemmler and Apollo Global Management co-founder Leon Black will appear before the House Oversight Committee to answer questions about their relationships with the late financier Jeffrey Epstein, following a Justice Department release of documents and subsequent corporate and lega…
U.S. aviation authorities briefly stopped incoming flights to LaGuardia Airport on Wednesday after Scandinavian Airlines Flight 907, which had reported a security concern, landed safely at Newark Liberty International Airport. The Port Authority identified the incident as an unfounded bomb threat and the FAA lifted the ground stop shortly after 2 p…
The U.S. Postal Service has retained Alvarez & Marsal to help develop contingency plans as the agency confronts mounting losses and a sharp decline in mail volumes. Postmaster General David Steiner cautioned the service could exhaust its cash within 12 months without substantial changes, and he will testify to Congress on March 17 about the financi…
The Federal Reserve's latest Beige Book reports a modest increase in U.S. economic activity, ongoing price rises and a broadly stable labor market. The report - compiled from business and community contacts through February 23 - arrives as policymakers prepare for their March policy meeting amid fresh inflation risks from higher oil prices and ongo…
The White House said Spain agreed to cooperate with U.S. military operations after President Donald Trump threatened trade measures over Madrid's refusal to allow U.S. aircraft to operate from jointly run bases in southern Spain. Spanish leaders have publicly condemned recent U.S. and Israeli strikes on Iran and denied agreeing to such military coo…
Firms and institutional investors, including Gulf-based backers, launched a wave of large equity offerings in the days after tensions in the Middle East escalated into open conflict. LSEG data show roughly $20 billion of equity deals were announced in the three trading days from Friday to Tuesday, accounting for almost 16% of this year's issuance t…
Chancellor Rachel Reeves has dropped plans to bring forward the end of the North Sea windfall tax after a recent surge in oil and gas prices tied to conflict in Iran. The Energy Profits Levy remains scheduled to expire in March 2030 as ministers continue consultations with industry groups and major producers.
BCA Research has formally upgraded Canadian and Australian equity positions to overweight and moved its currency allocations to favor the Canadian and Australian dollars, citing the effective closure of the Strait of Hormuz and the resulting change in global trade terms. The firm also increased its allocation to tail-risk hedges to a "max overweigh…
Investors in Anthropic have engaged with company executives, major partners and political contacts in an effort to defuse a months-long dispute with the Pentagon over how the company's artificial intelligence can be used in military settings. Conversations have included CEO Dario Amodei, Amazon CEO Andy Jassy and venture firms Lightspeed and Iconiq…
The U.S.-Israeli military action on Iran has immediately disrupted commercial shipping in the Gulf, lifting crude and gas prices and threatening to push inflation higher while tempering already modest growth prospects across Europe. The Strait of Hormuz is the focal point for a substantial share of global oil and LNG flows to Europe. Early market m…
Federal Reserve Governor Stephen Miran told Bloomberg TV that recent geopolitical tensions involving Iran, and the resulting upward pressure on oil prices, do not change his view that the U.S. central bank should proceed with a series of rate cuts this year. Miran expects inflation to moderate and believes ongoing strain in the labor market warrant…
Bank of Canada Governor Tiff Macklem warned that the rapid expansion of hedge funds and private credit in sovereign debt markets is creating vulnerabilities that may be growing faster than regulators can understand or control. He noted heightened economic uncertainty, stretched valuations, limited fiscal flexibility and potential spillovers from co…
Goldman Sachs Chairman and CEO David Solomon described financial market reactions to the Iran war as unexpectedly muted on the conflict's fifth day. Investors have been watching oil prices closely after Iran declared the Strait of Hormuz closed and threatened vessels transiting the waterway. Solomon said it will take weeks for markets to assess sho…
OpenAI is developing GPT-5.4, a follow-up model reported to include a context window exceeding 1 million tokens, stronger retention across extended tasks and a new extreme reasoning mode that allocates more compute and time to difficult queries. The information comes from a person familiar with the development.
Poland's central bank cut its policy rate by 25 basis points to 3.75% this week, a move that came even after a spike in oil and gas prices earlier in the period. With inflation at 2.2% in January and wage growth softening, policymakers proceeded with the reduction while indicating that the easing cycle may be nearing its end.
Federal Reserve Governor Stephen Miran reiterated that he supports continuing the process of cutting interest rates, saying it remains premature to judge how recent attacks in the Middle East will affect the US economy. He cited unchanged forecasts for inflation and the labor market so far, while noting the labor market continues to need support. M…
European Union officials say they have been reassured the United States will maintain a 10% universal tariff on EU exports, even though U.S. Treasury Secretary Scott Bessent indicated a 15% rate could be implemented this week. The EU's account is based on information from people familiar with the discussions who spoke on condition of anonymity. U.S…
Analysts at BCA Research, including Jesse Anak Kuri, say that a surge in oil prices tied to escalating conflict in the Middle East could produce higher gasoline prices at the pump just as U.S. voters head to the polls, increasing the likelihood that Democrats regain control of the House. The note highlights risks to tanker traffic through the Strai…
Defense officials announced that U.S. and Israeli forces have secured uncontested control of Iranian airspace four days after the launch of Operation Epic Fury. Senior Pentagon leaders reported sharp declines in Iranian ballistic missile and drone launches, significant naval losses for Iran and continued strikes on military targets across the count…
ADP’s monthly employment survey found private payrolls increased by 63,000 in February, while January’s figure was revised down to a gain of 11,000. The report, produced with the Stanford Digital Economy Lab, precedes the Bureau of Labor Statistics’ broader employment release and comes as markets weigh tariff rulings, energy-driven inflation risks …
Venezuela's central bank reported a 7.07% year-on-year increase in gross domestic product for the fourth quarter, marking the country's 19th straight quarter of expansion. The bank attributed the quarterly rise largely to oil-sector gains and noted non-oil growth led by construction and mining. Independent analysts and local firms, however, estimat…
