Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Australian Consumer Confidence Edges Up as Inflation Expectations Dip
Australian consumer confidence ticked higher in late June as inflation fears eased slightly. ANZ's weekly index rose 3.1 points to 75.9, whi
UK Business Confidence Dips in June as Manufacturing Weakens, Hiring Plans Rise
UK business confidence slipped in June, with the Lloyds survey dropping 3 points to +44. Manufacturing saw the steepest decline, yet firms'
UK Shop Price Inflation Holds at 1.2% as Food Costs Ease and Summer Sales Help
UK shop price inflation held steady at 1.2% in June, according to BRC data. Food inflation eased to 2.4%, the lowest since March 2025, as su
Bolivia Ends 15-Year Dollar Peg, Boliviano Falls to 9.73 as Latin American Markets Stay Cautious
Bolivia has dropped its 15-year currency peg to the US dollar, adopting a flexible exchange rate that immediately set the boliviano at 9.73
Canada's Manufacturing Base Shrinks to Decade Low Ahead of CUSMA Trade Review
Canada's manufacturing sector is showing signs of strain, with the number of active firms falling to a decade low in Q1. The weakness comes
BEA Methodology Change Could Trim Core PCE Inflation Readings Back to 2021
The Bureau of Economic Analysis plans to adjust how it tracks prices for portfolio management, legal services, and software. Economists esti
Supreme Court Blocks Trump from Firing Fed Governor Cook, Steadies Policy Outlook
The Supreme Court left an injunction in place that blocks President Trump from firing Federal Reserve Governor Lisa Cook. The ruling doesn't
Canada's May GDP Poised for Modest Gain as Hours Worked Rise 0.6%
Canada's economy likely posted another small gain in May, with hours worked rising 0.6% month-over-month. Scotiabank warns productivity and
Malaysia's Producer Prices Surge 7.8% in May, KLCI Edges Lower
Malaysia's producer price index rose 7.8% year-over-year in May, topping forecasts and accelerating from April. The FTSE Bursa Malaysia KLCI
UK Mortgage Approvals Slump to Lowest Since December 2023 as Borrowing Costs Bite
UK mortgage approvals dropped to 56,205 in May, the lowest since December 2023, missing economists' expectations. Consumer credit growth als
Singapore Producer Prices Jump 30.8% in May on AI Chip Demand and Higher Oil Costs
Singapore's producer prices surged 30.8% in May from a year ago, fueled by AI-related electronics and higher oil costs. Month-on-month, pric
BNZ Predicts RBNZ July Rate Hike Despite Falling Oil Prices
BNZ Research forecasts a 0.25% rate hike from the RBNZ in July, citing data alignment with forecasts. Falling oil prices could reduce inflat