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
Tensions between the United States and Iran have intensified following a series of military engagements near the critical maritime passage of the Strait of Hormuz. U.S. Central Command (CENTCOM) reported that its forces successfully intercepted four Iranian drones that were reportedly launched toward the waterway, posing an immediate danger to regi…
Citi’s latest biweekly survey of economists shows modest upward revisions to Mexico’s inflation outlook for 2026 and 2027, small adjustments to core inflation, an updated growth projection for 2026, and stable expectations for the central bank’s policy rate. The peso forecasts for 2026 were unchanged while the 2027 projection strengthened slightly.
The U.S. nonfarm payrolls report for May recorded a stronger-than-expected gain of 172,000 jobs, far exceeding the 85,000 forecast, while the unemployment rate held at 4.3%. Revisions added 93,000 jobs to March and April. Markets reacted with higher Treasury yields, selling in government debt and a selloff in equities. Economists say the data reduc…
The Financial Conduct Authority has taken control of Euro Exchange Securities UK Ltd., citing concerns that the payments company’s operations present significant risks of money laundering. The regulator is seeking to put the London-based firm into special administration and has filed for U.S. recognition of the proceedings, while a June 11 court he…
Lebanon's president said Iran is leveraging Lebanon in talks with the United States, blaming Tehran and its ally Hezbollah for the human cost of the ongoing conflict with Israel. President Joseph Aoun urged an end to the fighting and pushed back on Hezbollah's rejection of a Washington-mediated ceasefire proposal.
The U.S. Treasury’s Financial Crimes Enforcement Network issued an advisory urging financial institutions to watch for and report suspicious activity tied to the illegal employment of unauthorized workers. Released with federal banking regulators and coordinated with the IRS, the advisory outlines how employers and labor brokers use identity theft,…
Cleveland Federal Reserve President Beth Hammack said the labor market appears roughly balanced and close to full employment, citing a 4.3% unemployment rate. She warned that inflation is climbing and, if upward trends continue, the Fed may need to raise interest rates despite the case for holding policy steady for now.
A Reuters poll of 34 economists finds the Bank of Canada is expected to hold its key overnight rate at 2.25% on June 10 and keep it unchanged through the remainder of the year. Rising energy prices tied to the U.S.-Israeli war with Iran have pushed headline inflation higher, but core measures and soft demand give the central bank room to remain on …
India and the United States are moving rapidly to conclude an interim trade agreement by mid-July, Commerce and Industry Minister Piyush Goyal said, as Washington advances proposals for new tariffs on imports from numerous trading partners following a Section 301 probe into goods allegedly produced with forced labor. A recent U.S. trade delegation …
Crude production among OPEC's 11 current members fell to 16.33 million barrels per day in May, the lowest recorded level in at least 37 years, driven largely by a steep drop in Iranian output after a US-imposed maritime blockade and by production cuts across major Gulf producers. Despite physical supply losses, OPEC and its partners continue to sch…
The European Commission is preparing proposals that would obligate companies to reduce heavy dependence on single suppliers, part of a push to rebalance economic ties with China. The plan under discussion includes a rule prompting firms to relocate supply chains if they source more than 40% of stocks from one supplier, and seeks political direction…
Surveys published by the Reserve Bank of India show households now expect inflation to climb through the year. The central bank kept its policy rate at 5.25% while monitoring whether price pressures broaden, and separate surveys flagged weaker consumer confidence in both urban and rural areas amid concerns about the US-Iran war and forecasts for be…
Norway has rejected a U.S. determination that it has not done enough to prevent forced labour in supply chains, with Foreign Minister Espen Barth Eide calling the assessment unfounded. The U.S. administration has proposed tariffs of up to 12.5% on imports from 60 countries, including Norway, after concluding those nations failed to curb goods made …
U.S. nonfarm payrolls rose by 172,000 in May, above consensus, while the unemployment rate held at 4.3% for a third month. Markets reacted with a drop in equity futures, higher Treasury yields and a notable shift in fed funds futures toward a greater chance of a December rate increase. Commentators said the report strengthens the case for the Feder…
U.S.-focused private credit lending has cooled, with direct lending issuance tumbling in recent months and fundraising failing to return to earlier highs. Managers face elevated redemption requests, closer scrutiny of loan quality following weakness in software debt, and competition from cheaper syndicated loans. The combination could constrain ass…
Hedge funds, especially those focused on equities, outpaced market benchmarks in May as a rally led by U.S. technology shares boosted returns. Stock-picking strategies recorded stronger gains than the MSCI total return index, while systematic stock funds also posted positive returns. Rising borrowing and concentrated long positions amplified the mo…
India and the United States are progressing rapidly toward finalising the first tranche of a bilateral trade agreement, with Indian Trade Minister Piyush Goyal saying the initial phase could be executed by mid-July. Talks stalled earlier this year but resumed momentum after meetings in New Delhi; a separate U.S. tariff proposal linked to forced lab…
Several Chinese banks have increased the interest rates they offer on U.S. dollar deposits in recent weeks, according to sources. The moves - spanning large state-owned lenders to smaller joint-stock banks - have pushed some dollar deposit rates to around or above the U.S. Secured Overnight Financing Rate (SOFR) of 3.61%. Market participants say th…
Canada added 88,000 jobs in May, reversing four months of declines. The gain was driven entirely by full-time hiring, which rose by 154,000, while part-time positions fell by 66,000. The national unemployment rate declined to 6.6%, hourly wages moderated to 3.0% year-over-year growth, and a larger share of workers reported working entirely outside …
Nonfarm payrolls rose by 172,000 in May, following an upwardly revised 179,000 increase in April. The unemployment rate stayed at 4.3% for a third month. Economists say low layoffs and corporate balance-sheet support from tax and tariff refunds have helped preserve jobs even as firms remain cautious amid tariff fallout and the U.S.-Israeli war with…
China’s State Council announced plans to increase investment in fundamental research and to steer additional foreign capital into advanced manufacturing. The cabinet said state investment funds will play a guiding role in efforts to cultivate more start-ups and unicorns in priority sectors, while urging caution on project approvals. The policy pack…
Deutsche Bank warns that an energy shock tied to the Iran conflict has likely eroded the UK's early-2026 growth momentum, with GDP slipping into slight contraction in April and a modest recovery expected across the rest of the year. The bank projects full-year GDP growth of 1%, with very weak quarter-on-quarter expansion in Q2 and the second half.
Global equity funds drew a net $21.44 billion in the week to June 3, the largest weekly inflow since May 13, driven by strong technology earnings and investor enthusiasm around AI. European funds led regional buying, while global bond and money-market funds also saw sizable inflows for successive weeks.
Swiss authorities have formally rejected U.S. findings that they failed to address imports made with forced labour, while signalling they will continue negotiations with Washington. The government plans to restate its policy in writing and stresses a regulatory framework that combines rules, mandatory private-sector risk checks and international co…
The Kremlin confirmed that Russian President Vladimir Putin has been briefed on an open letter from Ukraine’s Volodymyr Zelenskiy, delivered in written form overnight and reviewed by the president after media circulation. Zelenskiy proposed a meeting to negotiate an end to the war and warned Kyiv would keep fighting if no agreement is reached. Krem…
