By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
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
BMO Sees Canada's Economy Rebounding After Soft Patch, Housing Stabilizing
Bank of Montreal points to a 0.5% rise in April output, steadier housing activity, and progress on major projects like a potential Alberta-t
Canada's Services Sector Shrinks in June as High Prices and Uncertainty Weigh on Demand
Canada's services sector contracted in June, with S&P Global's PMI dropping to 47.1 from 50.6. High prices and geopolitical uncertainty weig
RBC Trims Aker BP's Q2 Output Forecast, Raises Price Assumptions Ahead of Earnings
RBC Capital Markets lowered its second-quarter production estimate for Aker BP to 384,000 barrels of oil equivalent per day. The bank also r
Canada's June Jobs Report Expected to Show Modest 10,000 Gain After May's Surge
Canada's June jobs report is due Friday, with Scotiabank expecting a modest 10,000 gain and unemployment holding at 6.6%. Investors should w
UK Construction PMI Edges Up to 38.4 in June, But Housing and Infrastructure Still in Deep Slump
The UK construction sector's downturn eased marginally in June, with the PMI rising to 38.4. However, housebuilding saw its sharpest drop of
CEE Currencies Hold Steady as Markets Await Inflation Data and Rate Decisions
Central and Eastern European currencies were steady Monday as traders awaited key inflation data and central bank decisions. The focus is on
China Stocks Dip as Investors Await June Inflation Data That Could Shape PBoC Policy
China's mainland stocks edged lower as investors wait for June inflation figures. Consumer prices are expected to stay soft while producer c
Singapore Retail Sales Dip 2.3% in May as Department Stores and Food Courts Weigh
Singapore's retail sales slipped 2.3% month over month in May on a seasonally adjusted basis, even as they rose 3% from a year earlier. Weak
Thailand's June Inflation Split: Headline Slows, Core Hits Six-Year High
Thailand's headline inflation cooled to 2.42% in June as energy prices eased, but core inflation hit a six-year high of 1.23% on stronger do
New Zealand Card Spending Flat in June as Hospitality Slumps, Tourism Rises
New Zealand card spending barely budged in June, rising only 0.1% from May, according to ANZ. Hospitality spending fell, while tourism and r
Spain and Portugal Tweak Mortgage Rules as Home Prices Surge
Home prices in Spain and Portugal are rising sharply, up 12.9% and 17.8% year-on-year in Q1. Regulators are responding with modest mortgage