Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
China GDP, Trade Data and South Korea Rate Decision Set for Busy Asia Week
Asia's data calendar is packed this week. China releases Q2 GDP and June trade figures, while South Korea's central bank is expected to rais
New Zealand Grocery Costs Rise 2.1% in June as Fuel and Geopolitical Pressures Mount
New Zealand's grocery supplier costs rose 2.1% year-on-year in June, with over 6,900 products getting pricier as fuel and Middle East-relate
New Zealand Services Sector Returns to Growth in June, but Recovery Remains Fragile
New Zealand's services sector edged back into growth in June, with the BusinessNZ index rising to 50.6. However, cautious consumers and pers
Thailand's Central Bank Sees Inflation Below Forecast, Holds Key Rate at 1.00%
Thailand's central bank expects inflation to stay below its 2.8% forecast after June inflation cooled to 2.42%. The key rate remains at 1.00
Fed Warns Tariffs, AI, and Energy Costs Keep Inflation Stubbornly High
The Federal Reserve told Congress inflation remains elevated at about double its 2% goal, pointing to tariffs, AI infrastructure spending, a
Brazil's June Inflation Cools More Than Expected, Giving Central Bank Rate-Cut Leeway
Brazil's June inflation came in cooler than economists expected, with annual CPI at 4.64% and monthly prices up just 0.16%. The softer readi
Canada Building Permits Slip 1.7% in May as Industrial Plans Drop
Statistics Canada reported a 1.7% drop in building permit values for May, driven by a 6.1% decline in non-residential plans. Residential per
Canada Adds 18,200 Jobs in June, but Part-Time Roles and Sector Losses Raise Concerns
Canada added 18,200 jobs in June, and the unemployment rate edged down to 6.5%. However, nearly all the gains were part-time, and manufactur
Kazakhstan Central Bank to Suspend Mandatory FX Sales Rule as Tenge Strengthens
Kazakhstan's central bank plans to suspend the emergency rule requiring state-linked exporters to sell 50% of foreign-currency earnings, aft
Czech Inflation Slows to 1.5% in June, But Central Bank Holds Firm on Rates
Czech inflation fell to 1.5% in June, well below the central bank's forecast, but core inflation remained elevated at 2.8%. Policymakers rai
Malaysia Stocks Steady as Retail Sales Growth Accelerates to 7.2% in May
Malaysia's stock benchmark steadied after May data showed retail sales rose 7.2% year-over-year, beating forecasts, while unemployment held
Fed Minutes Show Policymakers Ready to Hike Again If Inflation Stays Stubborn
The Federal Reserve's latest meeting minutes show policymakers are prepared to raise interest rates again if inflation remains high. The out