Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
BOJ's December rate hike hinges on market calm after AI selloff
Japan's stock market wobbled after an AI-led selloff, and now investors are parsing the Bank of Japan's language for hints on its next rate
China's trade surplus narrows as imports surge ahead of APEC summit
China's October trade surplus narrowed to $105.28 billion as imports surged 41.6%, outpacing export growth. The data comes just before the A
Vietnam targets 4.5% budget deficit for 2027 with spending cuts, e-commerce tax push
Vietnam's lawmakers approved a 2027 budget targeting a 4.5% deficit, pairing spending cuts with a drive to collect more tax from e-commerce.
BOJ hawks push for December rate hike after October hold
Some Bank of Japan policymakers want to speed up interest-rate hikes, according to a split summary of the October meeting. A December move i
Australian business conditions hit six-year low as confidence sinks
A NAB survey shows Australian business conditions fell to a six-year low in October, with confidence at -15. Forward orders weakened, adding
UK October retail sales rise 1.5% but shoppers hold back on non-food items
UK retail sales edged up 1.5% in October, but the growth was narrow: food led while non-food purchases stalled as shoppers delayed spending
Australian consumer confidence hits four-year low as RBA hikes rates
Australian consumer confidence dropped to a four-year low in November as the RBA's fifth rate hike this year pushed borrowing costs to an 18
Australian consumer confidence slips to near-record low after RBA rate hike
Australian consumer confidence slipped again after the RBA raised its cash rate to 4.85%, with the ANZ-Roy Morgan weekly index falling to 63
October CPI expected to cool, but rent could keep inflation sticky
October's inflation report is expected to show a slowdown from September, but rent costs—nearly a third of CPI—could keep core inflation ele
Loonie Lags G10 Peers as Oil Slips and Jobs Data Cools Rate Bets
The Canadian dollar lagged other major currencies as oil prices dropped and a soft jobs report cut expectations for a December rate hike. A
NY Fed Survey: Inflation Expectations Hold at 3.9% as Uncertainty Eases
The New York Fed's latest survey shows consumers still expect 3.9% inflation over the next year, but they're more confident about the path a
Bank of Canada watchers see rates hitting 2.75% by March 2027
Canada's rate watchers expect two more quarter-point hikes, lifting the Bank of Canada's policy rate to 2.75% by March 2027, then holding it