Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Canada factory sales edge up in June but backlogs hit record C$131.8B
Canada's factories grew for a fifth straight month in June, but unfilled orders hit a record C$131.8B. Aerospace demand is stretching backlo
US retail sales drop 0.6% in July, signaling softer consumer spending
US retail sales fell 0.6% in July, and the control group that feeds into GDP slipped 0.5%. The pullback suggests consumers are tightening sp
RBC: US tariffs a headwind for Canada, not a shock
RBC Economics estimates the latest US tariff threats affect only about 5% of Canadian exports and 0.4% of GDP and jobs. That makes them a he
Malaysia's KLCI slips 0.4% despite 6% Q2 GDP growth
Malaysia's benchmark KLCI index slipped 0.4% despite the economy growing 6% year-on-year in Q2, beating forecasts. A narrowing current accou
Bank of Japan may hike rates in September as inflation risks grow
The Bank of Japan may raise interest rates as soon as September and could speed up the pace of hikes as inflation expectations firm and the
Australia's wage growth ticks up to 3.2% but jobs data questioned
Australia's annual wage growth edged up to 3.2% in July, but Commonwealth Bank warns recent official jobs gains may be overstated. The mixed
Philippine central bank holds rates as inflation stays stubbornly high
The Philippine central bank is holding interest rates steady even as the economy slows, waiting for clearer evidence that inflation is cooli
Hong Kong exports surge 34.3% in June, US shipments leap 85.2%
Hong Kong's export volumes jumped 34.3% in June from a year earlier, led by an 85.2% leap in shipments to the US. Trade prices also rose, wi
Indonesia's 2027 budget pitch: Danantara clarity and deficit cap in focus
Indonesia's president will outline next year's budget on Friday, with investors watching for details on the new state commodities vehicle Da
New Zealand factory growth cools in July but stays in expansion
New Zealand's factory sector kept growing in July, but at a slower pace. The Performance of Manufacturing Index fell to 54.3 from 60.1, with
UK economy grows 0.3% in June, lifted by World Cup and sunny weather
The UK economy grew 0.3% in June, surprising economists who expected a slight contraction. World Cup matches and sunny weather drove spendin
US producer prices flat in July as energy costs fall
US producer prices were unchanged in July, missing forecasts for a 0.2% rise, as energy and food costs fell. Core prices rose 0.2%, and year