Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
France's services sector shrinks faster than expected in October
France's services sector contracted more sharply than expected in October, with the PMI dropping to 46.2 from 51.2. Protests and softer dome
Italy's services growth persists, but cost pressures hit two-year high
Italy's services sector kept expanding in October, but a key cost gauge hit its highest level since December 2022. That could mean stickier
Sweden's Riksbank raises rate to 2%, signals more hikes ahead
Sweden's central bank raised its key rate to 2.00% and signaled another hike could come within a year if inflation and growth follow its for
Spain's services growth cools in October but stays strong
Spain's services sector kept expanding in October, though at a slightly slower pace, as export orders fell for a second month. Hiring was th
China's services growth cools as costs rise and prices fall
China's services sector kept growing in October, but at the weakest pace in three months. Rising costs and falling prices are squeezing marg
Thailand raises growth forecast as exports rebound, urges EV tax
Thailand's leading business group now expects the economy to grow 2.4%-2.6% this year, up from earlier forecasts, as exports improve. It als
India's services growth picks up in October, but hiring and exports cool
India's services sector expanded faster in October as domestic demand strengthened, but the survey also revealed cooler hiring and the weake
UAE non-oil growth cools as firms hike prices at record pace
The UAE's non-oil private sector kept expanding in October, but firms raised prices at the fastest pace since the survey began in 2009. Inpu
India's PMI data and Q2 earnings flood markets on November 4
India's markets face a data-heavy day on November 4, with HSBC PMI surveys and a flood of Q2 2027 earnings from BSE 500 companies. The PMI i
Australia's factory slump deepens as input costs hit one-year high
Australia's manufacturing sector slipped deeper into contraction in October, with the Ai Group's PMI falling to -20.1. Input prices hit a on
Australia's services sector shrinks again as costs climb
Australia's services sector slipped back into contraction in October, with the S&P Global PMI dropping to 48.5. Faster input cost growth and
New Zealand jobless rate hits 5.7%, highest since 2015
New Zealand's jobless rate climbed to 5.7% in the third quarter, the highest since 2015, while employment unexpectedly slipped. The cooling