Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Canada's retail rebound may ease Bank of Canada's rate decision
Canada's retail sales volumes rebounded 1.2% in August, according to Rosenberg Research, with muted price pressures. The data could give the
German business optimism hits 3-year high, but current conditions lag
Germany's Ifo business climate index rose to a three-year high in October, driven by brighter expectations for the next six months. But curr
UK retail sales decline eases to 18-month low, CBI survey shows
UK retailers reported the smallest sales decline in 18 months, according to the CBI's latest survey. The improvement suggests easing pressur
Bank of Canada expected to hike rates again as energy keeps inflation hot
The Bank of Canada is widely expected to raise its overnight rate by a quarter point to 2.5% on Wednesday, even as core inflation eases. Ene
Saudi Arabia's trade surplus widens in August despite falling oil sales
Saudi Arabia's trade surplus widened to 15.60 billion riyals in August, helped by higher export volumes. Oil sales still fell 12.5% from a y
Japan's auto unions push for wage hikes that outpace inflation
Japan's largest auto union group is pushing for wage hikes that beat inflation, arguing productivity-linked pay is key to keeping talent as
Asia's pivotal week: central banks, GDP data, and Beijing's party meeting
Central bank decisions from the US, Japan, and Thailand, plus GDP data from South Korea and Taiwan and a key Chinese party meeting, make thi
Singapore factory growth cools as biomedical output plunges 32.8%
Singapore's factory output cooled in September, rising just 3.4% from a year earlier after a 32.8% plunge in biomedical manufacturing. But s
BOJ holds at 1.25% but signals more hikes as inflation nears target
Japan's central bank is expected to hold its policy rate at 1.25% this week but signal it's ready to keep raising rates as inflation and wag
Moody's holds France at Aa3 but keeps negative outlook
Moody's left France's credit rating at Aa3 but kept a negative outlook, warning that higher deficits, rising bond yields, and political grid
US consumer sentiment slips to 48 as inflation expectations climb, pressuring consumer ETFs
US consumer sentiment slipped to 48 in October, and rising inflation expectations pushed consumer ETFs lower. The drop reflects both weaker
Canadian dollar hits five-week high as oil and retail sales lift rate-hike odds
Canada's dollar hit a five-week high Friday as oil prices rose and August retail sales climbed 1.2%, prompting traders to price in an 80% ch