Economy
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.
Brazil's fiscal reforms face 'painful final mile', says minister
Brazil's economy chief warns of difficult negotiations ahead as fiscal reforms near completion, citing resistance to spending cuts and tax adjustments.
Brazil's Q2 GDP growth slows to 0.6%, central bank index shows
Modest expansion follows 1.4% growth in Q1 as Brazil's economy shows signs of cooling. Central bank data highlights mixed sectoral performance.
Swiss National Bank names Ulrich Bindseil to lead Gerzensee center
Martin Brown steps down as director of the SNB's Gerzensee study center after five years, with Ulrich Bindseil set to take over in January 2027.
Goldman Sachs Forecasts Continued Weakness in China Retail Sales Growth
Goldman Sachs projects that retail sales growth in China will remain subdued moving forward.
ECB's Lane Discusses Defence Spending and Euro Area Economy
European Central Bank official Philip R. Lane addresses the economic implications of rising defence spending in the euro area.
Malaysia's July CPI rises 1.8% y/y, below expectations
Consumer prices in Malaysia increased 1.8% year-on-year in July, undershooting forecasts of 2.0% amid softening food and transport costs.
U.S. retail sales fall as consumer demand weakens
Monthly retail sales declined 0.6% in August, missing forecasts and signaling broader economic strain. Core sales also dipped, raising recession concerns.
Citi expects Fed to hold rates steady in September after inflation data
Analysts at Citi cite recent inflation readings as key factor in likely policy pause next month.
Slovakia’s industry faces de-industrialization risk, central bank warns
National Bank of Slovakia highlights structural challenges threatening the country’s manufacturing sector amid global competition and energy costs.
China bank loans contract in July for second time in 2026
Loan demand weakens as new yuan loans fall to 810 billion yuan, underscoring persistent economic headwinds.
Swiss GDP grows 1.5% in Q2 2026, data shows
Switzerland's economy expanded at a faster-than-expected pace in the second quarter, driven by domestic demand and services sector growth.
ECB survey finds minimal crypto adoption by euro area merchants
Less than 0.2% of euro area online merchants accept cryptocurrency payments, with physical POS adoption below 1%, according to an ECB survey. Mobile payments continue to gain share.
U.S. 30-year bond yields hit 25-year high as inflation concerns weigh
Long-term borrowing costs surge to levels last seen in 2001 amid persistent inflation uncertainty and elevated government debt supply. Treasury auctions remain well-covered despite rising yields.
Fitch affirms U.S. sovereign credit rating at AA+ with stable outlook
Rating agency Fitch maintains the U.S. government's top-tier credit rating, citing fiscal resilience despite elevated debt levels and political uncertainty.
Peru’s central bank holds rates steady, sees no need for hikes
The Peruvian central bank maintained its benchmark rate at 6.25% as inflation remains within target and growth outlook stabilizes.
U.S. PPI flat, misses expectations in latest data
Producer prices unchanged in May as forecasted growth fails to materialize, signaling persistent disinflationary pressures.
Uganda’s central bank keeps benchmark rate at 9.75% for eighth straight meeting
The Bank of Uganda maintained its key lending rate unchanged as inflation pressures eased slightly but remained above target, citing risks from global and domestic factors.
U.S. inflation proves stickier than July CPI suggests, analysts warn
Underlying price pressures remain elevated despite a mild July CPI reading, raising concerns over the Federal Reserve's policy path. Bitcoin's volatility reflects shifting market expectations.
ECB: Cash still dominates payments in euro area
Survey finds physical currency remains the most widely used payment method despite digital shift, with 59% of transactions in 2025.
U.S. budget deficit hits $1.8 trillion in first 10 months of fiscal 2024
Deficit widens as spending outpaces revenue, driven by interest costs and defense allocations. Fiscal year ends Sept. 30.
German firms' U.S. investment falls to three-year low
Outbound direct investment from Germany to the U.S. declined sharply in Q2, driven by economic uncertainty and higher financing costs.
U.S. budget deficit widens beyond forecasts in latest data
Shortfall exceeds projections as spending outpaces revenue, raising fiscal concerns amid economic uncertainty.
Euro zone bond yields fall as U.S. inflation cools in July
German 10-year Bund yield drops to two-week low as softer U.S. CPI data fuels bets on global rate cuts.
Euro zone bond yields dip after softer U.S. inflation data
German 10-year Bund yields fell below 2.5% as cooler-than-expected U.S. CPI reading boosted demand for core euro zone debt.