Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
New Zealand inflation cools to 3.7%, still above RBNZ target
New Zealand's inflation cooled to 3.7% in Q3, slightly below forecasts but still above the RBNZ's target range. The kiwi dollar slipped as t
Loonie Holds Near Four-Week High as Bank of Canada Hike Odds Rise
The Canadian dollar is hovering near a four-week high as traders see an 80% chance the Bank of Canada raises rates to 2.50% on October 28. A
France's unrest and debt push bond yields to 5%, squeezing Europe
Student protests in France have widened into cost-of-living anger, hitting Carrefour's outlook and pushing French bond yields to 5%. With eu
Canada's September auto sales rise 3.4% but year still trails 2025
Canadian new light vehicle sales rose 3.4% in September to about 168,000 units, but year-to-date volumes are still 0.7% below the same perio
India's central bank signals more rate hikes as inflation spreads
India's central bank raised its repo rate to 5.50% and switched to a 'calibrated tightening' stance, signaling more hikes ahead. Inflation h
India's core infrastructure output jumps 7.9% in September on power, refinery gains
India's core infrastructure output grew 7.9% year-on-year in September, up from a revised 5.9% in August. Power generation and refinery prod
Canada's mortgage borrowing cools to 3.8% as rate hike looms
Mortgage debt growth in Canada slowed to 3.8% in August, the slowest pace since the 2023-24 housing correction. The data complicates the Ban
IMF urges India to let rupee absorb oil shocks instead of defending it
The IMF's Asia chief says India should let the rupee absorb oil shocks instead of defending it with dollar sales. A weaker rupee would raise
Japan's trade deficit narrows but still beats forecasts as imports surge
Japan's September trade deficit narrowed to ¥536.6 billion, but it was far larger than expected as imports kept outpacing exports. The gap c
Polish consumer confidence slides in October as outlook dims
Polish consumer confidence dropped in October, with both current and forward-looking gauges falling from September. Fewer households now exp
UK inflation jumps to 3.5% as energy costs bite, BoE rate hike looms
UK inflation climbed to 3.5% in September, above forecasts, driven by higher energy costs. The Bank of England is under pressure to raise ra
RBA warns inflation is getting stickier as oil prices climb
The Reserve Bank of Australia says higher rates are cooling the economy, but inflation is proving harder to beat as oil prices climb. Market