Economy

China’s Premier Li urges support for stabilizing external demand
Premier Li Qiang highlights risks to global trade and calls for measures to bolster overseas demand amid economic headwinds.

Moldova lowers 2026 GDP growth forecast to 1.8%
Government revises outlook amid fiscal constraints and external headwinds. Previous estimate stood at 4.5%.

Brazil’s IGP-10 inflation index declines 0.51% in August
Wholesale price gauge posts first monthly drop since March, signaling easing cost pressures ahead of central bank policy decisions.

Fed seen holding rates steady in 2024, Reuters poll finds
Majority of economists expect no change to U.S. benchmark rate this year despite inflation fluctuations.

Japan’s Q2 GDP grows 0.3% q/q, misses forecasts
Growth slows as private consumption and capital expenditure weaken, underscoring fragile domestic demand.

US Treasuries decline following fade of retail sales-driven rally
Yields and prices adjusted as the initial market momentum generated by stronger retail sales data dissipated.

Japan Q2 GDP Contracts More Than Expected Amid Sluggish Capex and Spending
Japan's economic output declined in the second quarter, missing expectations as capital expenditure and private consumption slowed.

China's Industrial Output Slows in July as Retail Sales Miss Forecasts
Official data shows China's industrial production growth slowed in July while retail sales fell short of analyst expectations.

U.S. Reportedly Held Direct Negotiations With Iran’s IRGC in May
Washington and Iran's Islamic Revolutionary Guard Corps reportedly engaged in direct talks in May.

Chicago Fed's Goolsbee Cites Improvement in Recent Inflation Data
Chicago Federal Reserve President Austan Goolsbee noted that recent economic data shows a positive trend regarding inflation.

NY Empire State Manufacturing Index Highlights Monday Economic Data
Markets look ahead to the release of the New York Empire State Manufacturing Index and other key economic indicators on Monday.

Taiwan President: Record Defence Spending Is Investment in Peace
Taiwan's president defended the government's record-high military budget, describing the increased funding as a necessary investment in regional stability.

China's July Industrial Output Rises 4.5% As Retail Sales Inch Up 0.6%
China reports July industrial output grew 4.5% year-on-year, while retail sales posted a modest 0.6% increase.

Crypto Week Ahead: USDC Updates, FOMC Minutes and Oil Focus
A look at key market catalysts for the week starting August 17, including the Coinbase-Circle USDC collaboration, upcoming FOMC minutes, and oil price trends.

Canada’s July Annual Inflation Accelerates to 3% on Gasoline Rebound
Canada's annual inflation rate rose to 3% in July, driven primarily by a rebound in gasoline prices.

Euro Zone Bond Yields Rise Amid US-Iran Standoff
European government bond yields ticked higher as escalating geopolitical tensions between the United States and Iran influenced market sentiment.

Morning Bid: Consumer Data Threatens Fed Cuts as Japan Weighs Hikes
Global markets eye upcoming U.S. consumer data that could keep the Federal Reserve on hold, alongside potential policy tightening in Japan.

Goldman Sachs Forecasts Continued Weakness in China Retail Sales Growth
Goldman Sachs projects that retail sales growth in China will remain subdued moving forward.

Swiss National Bank Appoints New Director at Study Center Gerzensee
The Swiss National Bank announced a leadership change at the Study Center Gerzensee, appointing a new director.

US Pressures EU to Deliver on Non-Tariff Trade Commitments
Washington has increased pressure on the European Union to fulfill its pending non-tariff trade commitments.

ECB Blog Warns of Potential Artificial Intelligence Market Correction
A recent European Central Bank blog post indicates that financial markets could face a correction driven by artificial intelligence valuations.

US Retail Sales Drop for First Time in Nine Months
United States retail sales registered a decline for the first time in nine months, according to economic data.

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.

Five Key Factors to Watch in Global Markets This Week
Investors prepare for a busy week ahead as markets monitor critical economic indicators, policy updates, and corporate developments.

US Business Inventories Stall, Highlighting Softening Demand
Recent data shows US business inventories stalling, a development that points to potential concerns regarding forward economic demand.

