By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Canada's Small Business Confidence Jumps in July, But Manufacturers Remain Glum
Canada's small businesses felt more optimistic in July, with the CFIB barometer jumping to 58.3. But manufacturers remained stuck at 53.7, s
Oil Surges Past $90 as Strait of Hormuz Traffic Slows and Houthi Attacks Mount
Oil prices jumped again Thursday, with WTI reaching $90.56, as the US-Iran conflict slowed traffic through the Strait of Hormuz and Houthi a
American Airlines Slashes Profit Forecast as Fuel Costs Surge on Iran Tensions
American Airlines lowered its profit forecast for the year, now projecting adjusted earnings per share between a 65-cent loss and a 65-cent
Warsh's Fed Holds Rates Steady as Inflation Pressures Mount from Oil and Tariffs
The Federal Reserve is set to hold rates at 3.50%-3.75% next week, but Chair Kevin Warsh's no-guidance stance is frustrating officials as oi
French Business Confidence Hits Four-Month High in July, Manufacturing Rebounds
French business confidence improved in July, with INSEE's index reaching 97, the highest since March. Manufacturing climbed above 100, while
Westpac Data Shows Big Firms Driving Australia's June Quarter Growth
Westpac's business performance and cashflow gauges edged up in the June quarter, but the gains were driven by large companies. Small and med
Santos Cuts 2024 Production Outlook After Barossa Ramp-Up Misses Revenue Targets
Santos reported Q2 revenue of $1.35 billion, below the $1.57 billion consensus, as the Barossa gas project's ramp-up proved bumpy. The compa
Thailand's Central Bank Proposes Cash Limits on Gold Bar Purchases to Curb Currency Volatility
The Bank of Thailand wants to cap cash payments for gold bar purchases, pushing larger deals onto traceable channels. The proposal aims to c
Australia's Hot Jobs Data Keeps RBA on Rate Hike Watch as Oil Rises
Australia's economy added 76,300 jobs in June, far surpassing forecasts, while the unemployment rate held steady at 4.4%. The strong labor m
South Korea's Q2 GDP Beats Forecasts at 3.7% Growth, But Momentum Slows
South Korea's economy expanded 3.7% in Q2 from a year earlier, beating forecasts. However, exports and consumer spending rose more slowly th
Union Urges BP Investors to Intervene in Four-Month Refinery Lockout
The United Steelworkers union is urging BP investors to pressure the company to end a four-month lockout at its Whiting, Indiana, refinery.
Ghana Central Bank Halts Rate Cuts as Iran War Fuels Inflation Concerns
Ghana's central bank paused its rate-cutting cycle, holding the policy rate at 14% as June inflation climbed to 5.3%. Energy market disrupti