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
Morgan Stanley has reduced its growth projection for Saudi Arabia, citing a continued contraction in real oil activity that extends into the third quarter of 2026. The bank points to diminished oil export volumes and trade disruptions as the main drags on real GDP, while noting that elevated oil prices are bolstering government revenue and spending…
U.S. equity futures pointed higher on Tuesday as investors parsed signs of de-escalation in the Iran conflict and a renewed bid for artificial intelligence-related chip stocks. President Donald Trump said the U.S. could achieve a "total victory" over Iran "over the next two weeks" while also describing a productive conversation with Israeli leaders…
Citi forecasts the Bank of Japan will raise its policy rate by 25 basis points at the upcoming meeting, pointing to renewed yen weakness and external factors that could further depress the currency. The bank expects subsequent increases at roughly six-month intervals and projects a terminal rate of 1.5% in June 2027. Citi will monitor the voting be…
Citi has raised its 2026 nominal GDP projection for South Korea to 15.3% from 10.6%, attributing the change to a much stronger-than-expected first quarter and a higher GDP deflator tied to memory chip prices. The bank kept its real GDP forecast at 3.0% while increasing its GDP deflator assumption to 11.9% from 7.4%. South Korea's central bank revis…
Bank Indonesia convened an unscheduled meeting on Tuesday, lifting its benchmark policy rate by 25 basis points to 5.50% in an emergency move intended to steady the rupiah. The decision comes ahead of a scheduled June 17 meeting and follows a 50 basis-point increase at the May policy meeting. Officials said the step targets recent pressure on the c…
European government bond yields were largely unchanged as reports that Israel and Iran would halt military operations eased near-term concerns about oil flow disruptions. Investors are now awaiting the European Central Bank’s policy decision on Thursday, when the ECB is expected to raise its deposit rate by 25 basis points to 2.25%, with markets fo…
European equities opened marginally higher on growing investor focus on developments in the Middle East and shifts in oil prices after Iran and Israel halted strikes on each other. The STOXX 600 inched up, while commodity and monetary policy risks kept traders cautious. Sector rotation was visible, with healthcare lagging and technology, led by glo…
The Bank of Japan is considering pausing a planned reduction in its monthly government bond purchases beyond the next fiscal year, keeping the current pace of roughly 2.1 trillion yen per month. The decision is expected to be contentious among the nine board members who are split between prioritizing market stability and pursuing steady balance she…
Prime Minister Mark Carney has mounted an active campaign to broaden Canada’s trade and investment ties beyond the United States, leading multiple trade missions and signing new pacts. Yet interviews with officials and business leaders show that preferential access to the U.S. market via the U.S.-Mexico-Canada Agreement (USMCA) continues to be the …
Asian equities staged a broad bounce on Tuesday as investors bought into recent weakness, with relief from a temporary halt in Iran-Israel hostilities easing oil prices. South Korea's Kospi rallied sharply after Monday's selloff, Chinese export and import data beat estimates, and U.S. futures were buoyed by demand for chip stocks even as most S&P 5…
Global equities have largely recovered from the initial market shock tied to the Iran war and are trading near record levels, while sovereign bond markets have been punished by fears of persistent inflation and higher borrowing costs. Some portfolio managers now argue bonds could resume their traditional safe-haven role if inflation begins to hurt …
In a recent episode of The Big View, economist Mariana Mazzucato, author of 'The Common Good Economy', argues for expanding how the discipline defines its purpose. The episode - available on Apple, Spotify and the host's app, with a transcript - focuses on the difficulty of moving from diagnosis to actionable solutions and explores how economics co…
China's external trade performance for May showed significant strength, with both exports and imports outpacing previous monthly figures and exceeding analyst expectations. Export values rose by 19.4% compared to the previous year in U.S. dollar terms, a notable acceleration from the 14.1% expansion seen in April and higher than the 15% growth anti…
In a significant move to solidify a bilateral trade agreement, the South Korean cabinet has approved a presidential decree on Tuesday. This decree serves as a critical step in implementing a $350 billion investment plan into the United States, which was established through a trade deal reached between the two nations last year. The plan is designed…
The U.S. dollar remained positioned near a two-month peak on Tuesday as market participants navigated heightened geopolitical uncertainty and increasing expectations of a Federal Reserve interest rate hike later this year. While a temporary halt in hostilities between Iran and Israel was facilitated by an appeal from President Donald Trump, the sta…
Asian equity markets experienced a tentative period of stabilization on Tuesday. This movement follows recent volatility and is influenced by a combination of geopolitical developments, including reports that Israel and Iran would temporarily halt mutual attacks, and investor appetite for semiconductor stocks during market dips. However, the recove…
During a virtual rally on Monday evening, U.S. President Donald Trump announced that the United States is approaching a decisive conclusion in its conflict with Iran. Trump asserted that the nation is close to declaring 'total victory' within the next two weeks. He further projected that this imminent resolution would lead to a significant and shar…
Japan's Economic Revitalisation Minister, Minoru Kiuchi, has expressed a desire for enhanced coordination between the Japanese government and the Bank of Japan (BOJ). Speaking at a press conference on Tuesday, Kiuchi noted that closer cooperation is essential to achieving the nation's 2% inflation target in a durable manner. While acknowledging tha…
Recent data indicates a notable decline in Australian consumer confidence for the month of June. A survey conducted by the Westpac-Melbourne Institute reveals that the primary index for consumer sentiment dropped by 2.9%, landing at a reading of 80.6. This decline reflects growing concerns regarding personal finances, driven largely by increased bo…
The Confederation of British Industry (CBI) has issued a revised economic outlook for the United Kingdom, lowering its expectations for national growth and warning of a significant uptick in unemployment. These adjustments come as global instability, specifically involving the Iran war, exerts upward pressure on energy costs and diminishes living s…
The International Monetary Fund (IMF) Executive Board has approved recent reviews regarding Papua New Guinea's lending arrangements. This decision facilitates the release of approximately $163 million in combined funds to support the nation's fiscal stability and climate adaptation efforts.The funding is split between two primary frameworks. The fi…
Gavi, the international vaccine alliance, has announced plans to direct approximately $600 million in forthcoming United States funding toward malaria prevention and various other vaccination initiatives. This financial recovery comes as the organization works to satisfy specific requirements set by U.S. officials regarding the removal of the prese…
Following a significant selloff driven by the technology sector last Friday, U.S. equity markets saw a modest recovery on Monday. While the S&P 500 and Nasdaq posted gains, the breadth of the rally was limited, with only three sectors showing upward movement. This subdued rebound occurred alongside news regarding a temporary halt in strikes between…
A Reuters/Ipsos national poll shows President Donald Trump’s approval rating at 35%, matching a mid-May reading and remaining close to the lowest level of his current term. The survey also finds a strong majority of respondents expect U.S. gasoline prices to get worse, low approval for the president’s management of household living costs, split vie…
Former U.S. Defense Secretary Lloyd Austin told conference attendees in London that the U.S. Navy has the capacity to reopen the Strait of Hormuz, but keeping the waterway accessible over time would be costly and depend on international cooperation. He cited recent clashes tied to Israel's strikes in Lebanon and stressed the wider economic implicat…
