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.
6,527 total articles
Reserve Bank of India Governor Sanjay Malhotra told ET NOW that discussing interest rate hikes is premature given persistent global uncertainties and unclear second-round inflation effects. The central bank will remain data-dependent and would first change its stance from neutral to restrictive if preparing markets for tighter policy. Malhotra also…
President Donald Trump has directed the U.S. Department of Justice to examine major oil companies after asserting that retail gasoline prices have not fallen proportionately with recent drops in crude oil costs. The move follows a two-week retreat in oil prices tied to a framework peace deal between the U.S. and Iran that reopened shipping through …
A rapid selloff in South Korea's KOSPI left the index attempting a weak rebound as signs of fading retail participation and regulator scrutiny of leveraged ETFs weighed on sentiment. Chip giants in Taipei slipped and attention turns to Micron's earnings for directional clues. MSCI's indecision on Indonesia, currency pressures and a German Ifo surve…
President Donald Trump sharply criticized the Senate after it approved a War Powers resolution urging him to end hostilities with Iran, saying the measure weakens U.S. negotiating leverage. The 50-48 vote, and an earlier House passage, is largely symbolic but reflects bipartisan unease and arrives amid expectations the administration will seek addi…
The Japanese government is currently evaluating potential improvements in the management of its $1.3 trillion foreign exchange reserves, which serve as a critical financial buffer for future yen market interventions. This strategic review is driven by the need to enhance returns on these reserves to support Prime Minister Sanae Takaichi's broader f…
Malaysia's central bank has intensified its efforts to stabilize the ringgit, introducing measures to repatriate overseas corporate earnings and attract foreign capital. While acknowledging recent depreciation, officials cite strong domestic fundamentals and a relatively resilient year-to-date performance.
The U.S. dollar has surged to a new 13-month peak against a broad basket of major global currencies. This rally is driven by two primary factors: a significant sell-off in technology and semiconductor stocks that has sparked safe-haven demand, and escalating market expectations that the Federal Reserve will implement interest rate hikes. Traders ar…
Asian equities experienced a day of heightened volatility on Wednesday, following a broad global selloff driven by concerns over technology valuations and artificial intelligence spending. While South Korean shares staged a notable recovery, markets across the region continued to grapple with instability, prompting analysts to warn that the rapid d…
MSCI has decided to keep South Korea classified as an emerging market. The decision stems from unresolved issues regarding offshore won access and restrictions on investment products. While reforms are underway, they are not yet complete. This classification affects foreign capital flows and market perceptions.
Global stock markets experienced a significant decline on Tuesday, driven by a sharp correction in technology equities, concerns over debt-fueled artificial intelligence investment, and a more aggressive stance in U.S. monetary policy expectations. The U.S. dollar strengthened against major peers, reaching multi-month highs, while bond yields fluct…
The selection for the next president of the Federal Reserve Bank of Atlanta was paused when Kevin Warsh became chairman of the Federal Reserve Board. Sources familiar with the search said the process had been close to conclusion in the spring but was held until Warsh could review candidates. The Atlanta Fed's local board says it is conducting a del…
Mexico’s finance ministry completed a dual-tranche bond sale totaling $6.3 billion, issuing a new 11-year note and reopening a long-dated issue. Proceeds will be used to repurchase government obligations scheduled to mature in 2027 and 2028, a move the ministry said is designed to reduce refinancing pressure and lengthen the nation’s debt maturity …
A study from AidData finds that Kenya’s conversion of three Chinese railway loans from U.S. dollars to yuan - including extended maturities and additional grace periods - has spurred interest from at least five other nations. The restructuring lowered Kenya’s debt-service burden by roughly $215 million a year and echoes a wider move by China Eximba…
U.S. Treasury yields dipped on Tuesday as a pullback in equities pushed investors into government debt. Short-term yields stayed close to 16-month highs while market participants weighed the possibility of a more hawkish Federal Reserve after policymakers signaled potential rate hikes later this year amid inflation above the 2% target.
Italian Prime Minister Giorgia Meloni urged a return to normal diplomatic relations with the United States following a public disagreement with President Donald Trump. Speaking to reporters at an event in Rome, she said she does not intend to prolong the dispute, reaffirmed that Italy's foreign policy will remain unchanged, and indicated she does n…
SpaceX shares have continued to experience sharp intraday swings since their June 12 market debut, briefly dipping below the first-day opening price before recovering on a broadly weak day for technology stocks. The stock has risen as much as 67% from its opening and also fallen about 35% from that high. Market participants say the recent volatilit…
U.S. Secretary of State Marco Rubio stated that Iran would not be permitted to impose tolls on vessels transiting the Strait of Hormuz under any prospective agreement with the United States, calling such a move a violation of international law. Rubio also said the U.S. intends to engage directly with the Lebanese government and warned that ending r…
Bank of England policymaker Alan Taylor told a Barclays and CEPR event that he sees a lower risk of second-round inflation effects from energy price rises tied to the Iran war than was observed after Russia’s 2022 invasion of Ukraine. He pointed to the timing of this year’s wage settlements and compared the current situation to 2011, when weak labo…
A Dallas Fed analysis concludes that the spike in oil prices to above $120 a barrel last spring reduced U.S. gross domestic product by about 0.3 percentage point. The study attributes the shock to a roughly 15% loss of global oil supply following a U.S.-backed war with Iran that closed the Strait of Hormuz. While world output fell and global demand…
Bank of Canada Governor Tiff Macklem said the recent uptick in the Consumer Price Index was concentrated in energy, driven by oil, while stressing concern about food price inflation. Canada's annual inflation rate for May rose to 3.2%, moving above the Bank's 1-3% target range for the first time in 29 months. Macklem noted an Iran peace deal reduce…
A new initiative called the Vulnerability to Viability (V2V) Compact was announced by the Climate Vulnerable Forum (CVF) and V20 finance ministers, bringing together 74 economies and more than a dozen multilateral development banks to push for lower-cost, more predictable finance for countries facing frequent climate shocks and higher sovereign bor…
A poll of economists indicates Colombia’s central bank is likely to lift interest rates at its June 30 meeting after holding them steady in April. Analysts are divided on the magnitude of the move as inflation remains well above the bank’s 3% target and political tensions previously influenced a pause in tightening.
The United States widened economic measures against Cuba on Tuesday by blacklisting the island’s principal military bank, a state-run mining company and other entities tied to revenue generation and logistics. The Treasury Department’s new designations target organizations that handle hard-currency transactions and exploit mineral and metal reserve…
Alan Taylor, an external member of the Bank of England's Monetary Policy Committee, told an audience that maintaining the current Bank Rate for an extended period is the appropriate course given the price pressures arising from conflict in the Middle East and the unclear economic outlook. He said the BoE rate - held at 3.75% last week - sits above …
Barclays and Stifel lifted their year-end S&P 500 targets to 7,800, citing robust corporate earnings and improving visibility in key sectors. The new target sits about 4.4% above the index's last close of 7,472.79. While brokers are increasingly bullish, concerns remain around inflation, a strong labor market and yields that could prompt Federal Re…
