Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Eurozone inflation edges up to 2.9% as energy costs accelerate
Eurozone inflation ticked up to 2.9% in July as energy prices accelerated, while core inflation also rose. Markets now expect another ECB ra
Sri Lanka inflation accelerates to 7.3% as fuel price hike bites
Sri Lanka's main inflation gauge accelerated to 7.3% in July, up from 6.8% in June, as a 35% fuel price hike pushed up food and transport co
Taiwan's Q2 GDP Surges 12.92% on AI Chip Demand, Central Bank in Focus
Taiwan's economy expanded 12.92% year-on-year in the second quarter, beating forecasts thanks to AI-driven chip demand. The strong growth pu
Rupee posts best week since March on RBI-backed dollar sales
India's rupee finished the week higher, its best weekly performance since March, as state-run banks sold dollars in a pattern often linked t
BOJ holds rates at 1% but warns inflation could overshoot target
The Bank of Japan left its policy rate at 1% but cautioned that underlying inflation could overshoot its 2% target. AI-driven demand and a w
China's factory and services activity shrink again in July as demand weakens
China's factory and services activity slipped back into contraction in July, with the official PMI falling below the 50 mark. New orders shr
Tokyo inflation ticks up to 1.9%, keeping BOJ rate hike in focus
Tokyo's core inflation rate edged up to 1.9% in July, staying close to the Bank of Japan's 2% target. The data keeps markets focused on whet
UK business confidence rises as energy costs ease after Iran ceasefire
UK business confidence edged higher in July as falling energy prices and a ceasefire in the Iran war eased pressure on companies. The Lloyds
New Zealand consumer confidence jumps but inflation fears linger
New Zealanders felt more optimistic in July, with the ANZ-Roy Morgan confidence index jumping 8 points to 99.3. But inflation expectations r
Bank of Japan Holds Rates at 1% but Signals Future Hikes as Yen Weakens
Japan's central bank held its key interest rate at 1% on Friday but maintained a hawkish tone, leaving the door open for further hikes. The
Mexico's economy posts strongest quarterly growth since 2020
Mexico's economy grew 1.5% in the second quarter, its fastest pace since late 2020, rebounding from a 0.6% contraction in Q1. The broad-base
German inflation rises to 2.8% in July as energy costs jump, clouding recovery outlook
Germany's inflation rate rose to 2.8% in July, up from 2.4% in June, as energy costs jumped 8.3% year-on-year. The increase comes even as th