Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Strong August Jobs Report Keeps Fed Rate Hike Odds at 59%
The August jobs report came in stronger than expected, with 162,000 new payrolls and unemployment steady at 4.1%. Markets now see a 59% chan
Global food prices hit 2022 high as sugar and wheat surge
Global food prices climbed to their highest level since late 2022 in August, led by a surge in sugar and wheat. Conflict and weather disrupt
India's FX reserves hit record $740.8B on dollar inflows
India's FX reserves hit a new high of $740.80 billion in late August, driven by dollar inflows from special schemes. The buffer strengthens
Dollar edges higher as traders await key US jobs report
The US dollar edged higher Friday as markets awaited August's jobs report, expected to show just 55,000 new payrolls and a steady 4.1% unemp
Alberta's oil windfall trims Canada's provincial deficit outlook
BMO estimates Canada's provinces will run a combined C$35.6 billion deficit in FY26/27, an improvement from the prior year. The main driver:
Germany's factory orders rise 2.5% in July, but core demand slips
Germany's factory orders rose 2.5% in July, but the gain was driven by a few huge transport contracts. Excluding those, demand slipped 1.4%,
Czech inflation holds at 1.9% but rate-cut bets fade as services stay hot
Czech inflation stayed at 1.9% in August, but services and energy prices remain hot, keeping the central bank cautious. Rate-cut hopes fade,
RBI's steady dollar sales keep rupee calm as oil tops $96
India's central bank repeatedly sold US dollars at the market open this week, keeping the rupee rangebound despite oil prices above $96 a ba
US trade deficit jumps 24% in July to $88.58B, highest since March
The US trade deficit widened 24% in July to $88.58 billion, the biggest gap since March, as imports of AI-related capital goods surged and e
CFIB survey: Half of Canada's small trade firms hit by US tariffs
A CFIB survey shows about half of Canada's small importers and exporters are feeling the sting of US tariffs, with some saying they'd be fin
US services demand stays hot as price pressures build before Fed meeting
US service businesses reported stronger activity in August, with new orders hitting a 3-1/2-year high and price pressures picking up. The da
China Development Bank launches 800 billion yuan funding push for 2026
China Development Bank has kicked off an 800 billion yuan policy-based financing program for 2026, with the first tranche of 460 million yua