Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
US consumer sentiment edges up in October but inflation worries persist
The University of Michigan's consumer sentiment index was revised up to 48.0 in October, slightly better than the initial reading. However,
US business growth cools but price pressures persist, complicating Fed's path
US business activity cooled in October, but companies kept raising prices. S&P Global's flash PMI fell to 57.6, while its output prices inde
Canada's retail sales rebound in August, firming case for rate hold
Canadian retail sales rebounded 1.2% in August to C$74.57 billion, led by motor vehicles, with volumes also up. The data lands just ahead of
Canadian retail sales rebound in August, but price gains may drive September
Canadian shoppers returned in August, with retail sales up 1.2% and volumes climbing 1.2%. September may also look strong, but CIBC expects
Warm September weather cools UK retail sales and consumer confidence
UK retail sales fell 0.4% in September as warm weather kept shoppers away from autumn clothing, and consumer confidence slid to -24 in Octob
S&P: Turkey's rating hinges on politics ahead of 2028 vote
S&P Global Ratings warns Turkey's BB- rating rests on its commitment to tight monetary policy, with inflation near 30% and elections due by
Eurozone growth cools as France slips back into contraction
Eurozone business activity cooled in October, with France slipping back into contraction. The flash PMI fell to 51.9, but persistent price p
India's jobs survey to count gig work and unpaid labor by 2027
India's statistics ministry wants to revamp its employment survey to better capture gig work and unpaid household labor, starting January 20
Germany's October PMI cools as services slow, factories hum
Germany's private sector growth cooled in October as services slowed, even though factories hit a two-month high. The flash composite PMI sl
French business activity slips back into contraction in October
France's private sector returned to contraction in October, with S&P Global's flash PMI dropping to 48.4. Weaker demand, political uncertain
Japan holds off declaring deflation over despite 2.1% core CPI rise
Japan's economy minister says it's premature to declare an end to deflation, despite core inflation rising 2.1% in September. The cautious s
India's October flash PMIs expected to show steady growth
India's October 23rd market watchlist is packed: HSBC's flash PMIs, FX reserves, and major earnings from Infosys and Tata Motors. PMIs are e