Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
India's FX Reserves Jump $10.5 Billion to $692.9 Billion on RBI Deposit Drive
India's foreign exchange reserves rose $10.5 billion to $692.9 billion, the biggest weekly jump in months. An RBI deposit drive helped, givi
Indonesia's Q2 growth beats forecasts despite cooling consumer spending
Indonesia's economy expanded 5.29% year-on-year in the second quarter, ahead of expectations but the slowest in three quarters. Consumer spe
RBI holds rates at 5.25% as it watches oil and food prices for inflation clues
The Reserve Bank of India left its key repo rate at 5.25%, pausing its easing cycle. Policymakers said future moves depend on whether higher
RBI holds rates at 5.25% as it waits on oil-driven inflation
The Reserve Bank of India held its repo rate at 5.25% in a unanimous decision, saying it needs more evidence on whether rising fuel prices w
RBI holds rates at 5.25%, keeps cash reserve ratio at 3%
The Reserve Bank of India voted unanimously to hold the repo rate at 5.25% and keep the cash reserve ratio at 3%. The decision signals a pat
RBI holds rates at 5.25% as oil prices cloud inflation outlook
The Reserve Bank of India left its benchmark rate at 5.25% and kept a neutral stance, saying it needs more clarity on inflation. Rising oil
ANZ sees RBA holding rates at 4.35% until late 2027
ANZ expects the RBA to hold rates at 4.35% on Aug. 11, with a hawkish tone despite softer inflation. The bank sees no cuts until late 2027,
Italy Extends Diesel Tax Cut to August 25 Amid EU Migration Talks
Italy has extended its €0.17-per-liter diesel tax cut until August 25, providing relief for drivers and businesses. Meanwhile, EU interior m
India's August 5th: RBI rate decision, services PMI, and Q1 earnings all due
India's markets are bracing for a data-heavy day. The RBI is widely expected to keep its repo rate at 5.25%, while July services activity an
BOJ minutes show growing appetite for more rate hikes
The Bank of Japan's June meeting minutes show policymakers increasingly worried about inflation spreading beyond energy, keeping the door op
Japan's private sector growth cools as services soften in July
Japan's private sector growth eased in July as services activity cooled, but manufacturing output surged at its fastest pace in over a decad
Australia's industry gauge stays deep in contraction in July
Australia's broad industry gauge remained deeply negative in July, with the Ai Group index at -29.9. Demand stayed soft and hiring cooled, b