By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Palm Oil Prices Edge Higher as Soy Oil and Crude Rally Boost Edible Oils Complex
Malaysian palm oil futures ticked up as soy oil and crude oil gains lifted the broader edible oils complex. The rally highlights palm's dual
China's Growth Slows to 4.6% But Yuan Expected to Hold Steady Near 6.73
China's economy likely grew 4.6% in April-June, down from 5% in Q1, according to a Nikkei survey. Despite the slowdown, economists expect th
Equatorial and Iberdrola Circle Enel's Brazil Assets as Regulators Weigh Concession Renewal
Brazil's Equatorial and Spain's Iberdrola are reportedly circling Enel's Brazil power assets. The would-be buyers want regulators to tie Ene
Australian Consumer Confidence Dips Again as Economic Pessimism Deepens
Australian consumer confidence slipped again, with the ANZ-Roy Morgan index falling 1.2 points to 74.7 in the week of June 29th to July 5th.
Japan's Real Wage Growth Slows to 1.4% as Inflation Eats Into Gains
Japan's real wages rose for a fifth straight month in May, but the gain slowed to 1.4% as inflation accelerated. The mixed data complicates
BRICS Creator Jim O’Neill Says Dollar Alternatives No Longer a ‘Fantasy’ as Payment Tech Advances
Jim O’Neill, the economist who coined the term BRIC, says newer payment technology makes the idea of building alternatives to the US dollar
Oil Slips to $68.55 as Strait of Hormuz Traffic Resumes and OPEC+ Boosts Output
WTI crude settled at $68.55 a barrel, its lowest since February, as shipping through the Strait of Hormuz normalized and OPEC+ added supply.
German DAX Edges Up as Factory Orders Beat Forecasts, Construction Still Weak
German stocks inched higher as factory orders rebounded more than expected in May. Construction activity improved but stayed below the key 5
Bank of Canada Survey: Business Inflation Fears Ease After US-Iran Deal, Hiring Cools
Canadian companies' inflation expectations have softened following the US-Iran interim agreement, according to a Bank of Canada survey. Howe
Fed's Waller: Forward Guidance Works Best When Outlook Is Clear
Fed Governor Christopher Waller defended forward guidance at a conference in Rome, saying it can accelerate policy effects. But he cautioned
MUFG CEO Warns Weak Yen Could Backfire, Squeezing Japan's Consumers
Japan's biggest lender warns the yen's slide is becoming a threat to growth. CEO Junichi Hanzawa says yen-driven inflation is outpacing wage
US Services Growth Slows in June as Employment Rebounds, Inflation Eases
US services sector growth cooled slightly in June, but a key employment gauge snapped back into expansion. The data complicates the narrativ