Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Japan factory growth cools to seven-month low as demand softens
Japan's manufacturing sector grew at its slowest pace in seven months in October, with output and new orders rising at their weakest since M
Japan's core inflation climbs back above BOJ's 2% target
Japan's core inflation rose to 2.1% in September, back above the BOJ's 2% target. Underlying price pressures accelerated to 2.4%, keeping ma
Australia's private sector slips back into contraction in October
Australia's private sector slipped back into contraction in October, with the composite PMI falling to 47.7. Services output dropped below t
Jobless Claims Hit Three-Month Low, but Hiring Slowdown Looms
Initial jobless claims dropped to 194,000, a three-month low, but continuing claims rose and the Leading Economic Index was flat. The data s
Canada's factory-gate prices jump 2% in September on higher energy costs
Canada's factory-gate prices rose 2.0% in September, led by higher energy and petroleum products. Raw materials prices jumped 4.8% as crude
Canadian small business confidence stalls as hiring plans weaken
Canadian small business confidence stayed flat in October, with CFIB's barometers near breakeven. Weak demand and high costs remain top conc
US jobless claims hit 194,000, lowest since July, as layoffs stay subdued
New US unemployment claims dropped to 194,000 last week, the lowest since mid-July, signaling a resilient labor market. Continuing claims ti
Mexico's inflation ticks up to 3.62%, keeping rate cuts on hold
Mexico's headline inflation rose to 3.62% in the first half of October, up from 3.42% a month earlier. Core inflation, a key gauge of underl
UK pay growth cools but weekly wages stay hot for Bank of England
New ONS data shows UK median annual pay rose 4.5% to £40,911, a slight slowdown, but weekly earnings jumped 4.9% year-on-year. The hotter we
Japan's Rengo sets 6% wage target for 2027, signals BOJ rate path
Japan's largest labor union group, Rengo, has set a 6% midpoint wage target for 2027 talks, aiming to make 5% the floor. Markets track this
Philippines central bank surprises with 50bp hike as inflation hits 7.2%
The Philippines' central bank delivered a bigger-than-expected rate hike, lifting its key rate by 50 basis points to 5.50% as September infl
Bank of Korea holds rate at 3% as growth picks up but inflation lingers
The Bank of Korea held its benchmark rate at 3.00% as growth beats forecasts, but sticky inflation and faster Seoul housing gains keep polic