Economy
South Africa’s July inflation slows to 4.3%, SARB target still in sight
Annual inflation eased to 4.3% in July, below forecasts, but remains just above the central bank’s 3%-4% target range. Policy outlook hinges on temporary factors.
U.S. pending home sales fall 2.3% in July, missing expectations
Contract signings dropped for a second straight month as higher mortgage rates and limited inventory weighed on buyer activity, data from the National Association of Realtors showed.
Dollar, euro lose nearly half their purchasing power since 2000
U.S. dollar and euro purchasing power halved over 25 years, while Swiss franc held value better amid divergent central bank policies. Inflation trends and wage dynamics compared.
US Treasury yields rise as Iran tensions fuel bond selloff
Benchmark 10-year yield approaches two-year high amid geopolitical risk and global debt market rout. Industrial output growth slows to 0.2% in July.
Chile’s GDP flat in Q2, copper drags as mining sector weighs
Chile’s economy stagnated in the second quarter, missing forecasts for a 0.3% rebound as copper output fell. Annual GDP contracted 0.2%, reversing expectations for modest growth.
U.S. industrial output growth slows to 0.2% in August, below forecast
Factory, mining and utility output rose 0.2% last month, missing expectations for 0.3% and matching July's pace. Analysts cite persistent supply chain pressures and uneven demand.
US import prices fall 0.4% in July, easing inflation pressure
Crude oil costs drove the unexpected decline, while economists had projected a modest rise. Fed rate-cut expectations gain traction ahead of September meeting.
U.S. single-family home starts fall 9.9% in July as rates weigh
Single-family housing starts dropped to 808,000 units amid high mortgage rates, while permits for future construction rose 2.5%. Total residential starts declined 12.4% as affordability pressures persist.
ECB’s Lane warns 3% euro zone inflation still exceeds target
European Central Bank Chief Economist Philip Lane signals policy caution as inflation remains one percentage point above the 2% target.
U.S. building permits rise 5% in latest data, reversing prior slump
Permits for new residential construction jumped to a 5% gain, sharply rebounding from a 2.6% decline and signaling stronger momentum in the housing sector.
Japan’s 30-year JGB yield surge signals end of ultra-loose policy era
Japan’s benchmark 10-year government bond yield hit a 30-year high, ending decades of near-zero rates and reshaping global debt markets amid policy shifts and inflation pressures.
U.S. private payrolls rise by 9,500 weekly in early August: ADP
Weekly private-sector hiring rebounded to 9,500 jobs in the four weeks to Aug. 1, reversing seven straight weeks of declines, ADP data shows.
Global bond yields hit multi-decade highs as US-Iran ceasefire collapses
US, UK, Germany, France and Japan see borrowing costs surge after failed negotiations and renewed geopolitical tensions. Investors brace for prolonged inflation pressures.
UK Sells £4 Billion of 10-Year Gilts at 5.156% Yield
The United Kingdom has issued £4 billion in 10-year government bonds, achieving a yield of 5.156%.
German Investor Morale Beats Expectations in August, ZEW Survey Shows
Economic sentiment in Germany improved more than anticipated in August, according to the latest ZEW economic research institute survey.
Bitcoin Pauses at $64,000 as Equities Slip on Yields and Oil
Bitcoin eased 0.6% alongside declining equity futures as markets awaited the Federal Reserve's meeting minutes and a White House crypto summit.
German Investor Sentiment Exceeds Forecasts in August
Economic sentiment among investors in Germany improved more than anticipated in August, according to survey data.
US Debt Expansion Prompts Investors to Demand Higher Yields
Rising United States debt levels are leading investors to demand higher returns for purchasing government debt.
Azerbaijan Raises 2026 Inflation Forecast to 5.7%
Azerbaijan's authorities have revised their consumer price growth projection upward for 2026, setting the new inflation forecast at 5.7%.
Bank of England Expected to Hold Rates for Remainder of Year, Reuters Poll Shows
A recent Reuters poll indicates the Bank of England is likely to maintain interest rates through the rest of the year despite ongoing inflation risks.
Global Stocks Slide and Yields Hold High Amid Mideast Tensions
Equities declined and bond yields remained elevated as escalating conflict concerns in the Middle East rattled financial markets.
Canadian Home Sales Rise for Fourth Consecutive Month in July
Canadian housing market activity expands further as home sales record their fourth straight month of gains in July.
Macau Aims for 60% Non-Gaming GDP Share by 2030
The special administrative region has outlined a target to derive 60% of its gross domestic product from non-gaming sectors by the end of the decade.
German ZEW Economic Sentiment Rises Unexpectedly Despite Lower Water Levels
Financial experts express increased optimism regarding Germany's economic outlook despite new burdens from low river water levels.
German Economic Sentiment Rises Despite Low Water Levels
Financial experts express increased optimism regarding the German economy, despite ongoing economic strains caused by persistent low water levels.