By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Westpac sees Australia's inflation picking up again in August
Westpac forecasts Australia's monthly inflation rose 0.4% in August, pushing the annual rate to 4% from 3.5% in July. The bank says underlyi
Saudi stocks slip 1% as drone strikes force shutdown of key oil pipeline
Saudi stocks fell 1% in early trade after drone strikes hit the kingdom's East-West oil pipeline, prompting a precautionary shutdown. The pi
Fed and Bank of Japan set to hike rates this week, markets bet
Traders are nearly certain the Federal Reserve and the Bank of Japan will raise interest rates this week. The decisions could ripple through
Canada's growth story shifts as exports diversify beyond US
Macquarie economists see Canada's growth becoming less dependent on US trade, citing faster export growth elsewhere, a major investment summ
US consumer sentiment slips as inflation expectations climb to 4.6%
US consumer sentiment slipped more than expected in September, with the University of Michigan's preliminary index dropping to 47.8. One-yea
US inflation heats up in August, complicating Fed's next move
US inflation accelerated in August, with headline prices up 0.4% and core inflation running hotter than forecast. The data nudged markets to
BGN in early talks to secure DRC cobalt supply via offtake deals
BGN is negotiating offtake deals for cobalt from the DRC, the world's top producer. With concentrate exports banned and hydroxide quotas in
KKR and Blackstone exit Acciona Energia stake talks as rates bite
KKR and Blackstone have reportedly pulled out of talks to buy a stake in Acciona Energia, with higher interest rates making the deal less at
Bank of Japan set to raise rates to 1.25% in September, Reuters reports
The Bank of Japan is expected to raise its key interest rate by 25 basis points to 1.25% at its September 17-18 meeting, according to Reuter
Palm oil futures climb as crude nears $100 and ringgit weakens
Malaysian palm oil futures climbed to 4,906 ringgit a ton, supported by firmer crude oil and a weaker ringgit, even as early export data sof
Australian card spending hits record, then cools as fuel costs rise
Australian card spending hit a record in early August before easing late in the month, according to Westpac. Quarterly growth remains solid,
August CPI expected to show faster monthly rise as gas prices rebound
August's CPI report is expected to show a faster monthly climb, driven by a rebound in gasoline prices. But core inflation is seen cooling,