Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Japan PM Takaichi links yen weakness to trust, urges growth fix
Japan's PM Sanae Takaichi told parliament the yen's slide toward 40-year lows is a matter of market trust. She argued that boosting long-ter
Australia's softer inflation may keep RBA on hold, BofA says
Bank of America Securities reports that Australia's second-quarter inflation was softer than the RBA expected, with June price growth coolin
India's central bank pulls in nearly $32 billion via dollar inflow schemes
India's central bank has attracted nearly $32 billion through its June dollar-inflow schemes, mainly via foreign currency non-resident depos
Indonesia's Central Bank Chief Resigns Unexpectedly, Rattling Markets
Indonesia's central bank governor Perry Warjiyo resigned unexpectedly, shaking investor confidence. Deputy Destry Damayanti takes over as in
Singapore Surprises Markets with Another Tightening Move Despite Cooling Inflation
The Monetary Authority of Singapore surprised analysts by tightening policy again on Monday, increasing the slope of the S$NEER band. This c
BMO Warns 50% US Tariff Threat Could Shave 0.5% Off Canada's Economy and Complicate Bank of Canada Rate Decision
BMO warns that proposed 50% US tariffs could reduce Canada's GDP by 0.5% and complicate the Bank of Canada's next interest rate decision. Th
Morocco's World Cup Spending Drives Growth to 4.9%, But Headwinds Loom Ahead
Morocco's economy grew 4.9% last year, fueled by World Cup infrastructure spending and a strong harvest. The World Bank expects growth to sl
Yen's Steepest Weekly Drop Since May Tests BOJ's Patience
Japan's yen is on track for its steepest weekly drop since May, touching fresh 40-year lows against the US dollar. Analysts argue that BOJ r
Germany's PMI Returns to Growth in July as Manufacturing Rebounds, Energy Costs Loom
Germany's private sector expanded in July for the first time in months, with the Composite PMI climbing to 51.2. Manufacturing led the rebou
France's Business Activity Nears Growth as PMI Hits 49.6, but Energy Risks Loom
France's composite PMI climbed to 49.6 in July from 47.2, inching closer to the growth threshold of 50. The improvement beat expectations, b
German Consumer Sentiment Dips to -29.6 as Saving Intentions Rise
German consumer sentiment slipped in August as the NIM-GfK index edged down to -29.6, below economists' forecasts. Households reported weake
RBI Steps In to Support Rupee as Brent Crude Breaches $100, Currency Nears Record Low
The Reserve Bank of India likely intervened through state-run banks to sell dollars as the rupee tested record-weak levels near 96.80 per do