Economy
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.
Japan’s GDP growth misses forecasts in Q2
Quarterly expansion slows to 0.2% as private consumption and capex underperform, missing analyst expectations.
France's July inflation climbs 2.4% year-on-year
Consumer prices in France rose 2.4% in July from a year earlier, slightly above market expectations, official data shows.
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.
Bank of Japan seen considering September rate hike
Sources indicate the BOJ may accelerate tightening with a rate increase next month, signaling a shift from ultra-loose policy.
AI-driven surge in bond yields seen as next market risk
Rapid rise in borrowing costs driven by artificial intelligence models could disrupt markets and weigh on economic growth, analysts warn.
Japan’s July core inflation forecast at 1.8% on energy costs
Economists project Japan’s core consumer prices rose 1.8% year-on-year in July, driven by elevated energy costs despite softer demand.
Fed's Goolsbee calls latest inflation data 'better'
Chicago Fed President Goolsbee signals cautious optimism after recent inflation figures, but stresses need for sustained progress.
New Zealand manufacturing growth slows in July as costs weigh
Business conditions in New Zealand's manufacturing sector expanded at a slower pace in July, with rising input costs cited as a key constraint.
Taiwan lifts 2026 GDP growth forecast to 11.05%
Government upgrades outlook as chip demand rebounds and domestic investment strengthens. Projection exceeds prior estimate by 0.95 percentage points.
Bond yields dip as hiking pressure eases
Benchmark U.S. Treasury yields fall as investors reassess the Federal Reserve's tightening path. 10-year yield drops below 4.5% amid softer inflation signals.
Fitch affirms U.S. credit rating at 'AA+'; outlook stable
Ratings agency Fitch maintains the United States' top-tier sovereign credit rating, citing fiscal strengths despite rising debt levels. Outlook remains stable.
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.
Canadian bond yields dip as U.S. inflation cools
Yields on Canadian government bonds fell after softer-than-expected U.S. inflation data reduced bets on aggressive Federal Reserve tightening.
Argentina inflation accelerates to 2.1% in July
Monthly price growth in Argentina rose to 2.1% in July, up from June's 2.0%, as inflation pressures persist in Latin America's third-largest economy.
Argentina to relax dollar lending rules for banks
Central Bank moves aim to boost credit availability in foreign currency amid tight liquidity conditions.
Pennsylvania 8th District buys US Treasury note via Rob Bresnahan
The Pennsylvania 8th District has acquired a US Treasury note through an investment managed by Rob Bresnahan, according to disclosure filings.
Argentina's July inflation climbs to 2.1% month-on-month
Consumer prices rose 2.1% in July, up from June's 2.0%, as food and energy costs continued to pressure households.
Argentina to ease bank dollar lending to companies, economy minister says
Move aims to boost corporate financing as central bank seeks to stabilize foreign exchange reserves and support economic activity.
U.S. retail sales data due Friday after mixed inflation signals
Economists expect modest gains in retail sales and core sales for June, following recent mixed signals on inflation and consumer spending trends.
Blockchain group backs Custodia in Fed master account dispute
Custodia Bank's Supreme Court appeal seeks Fed payment system access, backed by crypto industry group citing regulatory overreach.
Peru’s June GDP growth slows to 1.75% amid weak demand
Peru’s gross domestic product expanded 1.75% year-on-year in June, down from May’s revised 2.1% and missing forecasts, as domestic and external demand softened.
Bank of England economist flags growth as justification for rate hikes
Monetary policy committee member cites robust economic expansion as key factor supporting further tightening amid inflation concerns.
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.
Fed's Barkin: Rate hike still possible to meet inflation target
Richmond Fed President Thomas Barkin says the need for further rate hikes remains an 'open question' as policymakers assess inflation progress.