Economy
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.
Traders bet Fed will hold rates steady in September after inflation data
Market expectations remain anchored on a Federal Reserve pause next month as inflation trends align with prior forecasts, limiting scope for policy shifts.
Fed Should Raise Interest Rates to Restrain Growth and Inflation, Hammack Says
Federal Reserve policy should lean toward higher interest rates to properly restrain economic growth and persistent inflation, according to remarks from Hammack.
Swiss National Bank Welcomes 'Too Big to Fail' Regulatory Overhaul
The Swiss National Bank has expressed support for proposed measures aimed at strengthening the country's 'too big to fail' banking regulations.
Trump's 2024 Grocery Photo Op Emerges as Republican Vulnerability in Midterms
A 2024 campaign event focusing on grocery costs returns as a political challenge for Republicans ahead of the midterms.
UK Enhances Defense Supply-Chain Checks Following Naval Drone Findings
The United Kingdom has increased scrutiny on its defense supply chains after naval drones pointed to Chinese involvement.
Netherlands trade surplus rises to €10.4 billion in June
Exports and imports data show widening surplus as trade balance improves from May's revised €9.8 billion.
China’s central bank reaffirms loose monetary policy stance
PBOC signals continued support for growth amid economic headwinds, with no immediate shift in policy direction.
India’s July inflation rises to 4.45%, RBI stance seen unchanged
Consumer prices rose faster than expected, but analysts expect the central bank to maintain its policy stance amid growth concerns.
Global markets weighed down by persistent inflation pressures
Persistent inflation trends dominate investor sentiment, overshadowing other economic signals and driving cautious trading across equities and bonds.
Citi expects Bank of Korea to raise rates amid inflation pressures
Analysts at Citi project a rate hike by the Bank of Korea as consumer prices remain elevated, with risks tilted toward tighter policy.
Italy’s consumer prices fall in July, annual inflation eases
Italy’s consumer price index declined 0.2% month-on-month in July, while annual inflation slowed to 0.8% from 0.9% in June, data from Italy’s statistics agency showed.
U.S. CPI, CoreWeave revenue surge drive market focus
Investors await U.S. consumer inflation data while AI server provider CoreWeave reports strong revenue growth, shaping market sentiment.
Iran to join BRICS New Development Bank, central bank says
Governor signals imminent membership as Tehran seeks to expand financial ties amid Western sanctions.
PBOC pledges timely policy rollout amid economic pressures
China’s central bank signals readiness to deploy fresh measures to support growth as policymakers balance inflation and demand concerns.
U.S. CPI rises 0.1% in line with forecasts, inflation steady
Consumer prices increased by 0.1% month-on-month in June, matching analyst expectations and reinforcing expectations for the Federal Reserve to hold rates.
U.S. inflation cools to 3.4% in July, below forecasts
Consumer prices rose 3.4% year-on-year, marking the smallest increase since February 2021 and easing pressure on the Federal Reserve.
Nigeria’s EV push stalls amid chronic power shortages
Weak electricity infrastructure threatens to derail Africa’s largest economy’s electric vehicle ambitions despite government incentives.
US CPI data looms as Fed rate decision nears
Consumer prices report may determine whether the Federal Reserve delivers a rate hike next month. Economists expect modest inflation cooling.
Romania's inflation slows to 8.16% in July, above expectations
Consumer prices rose 8.16% year-on-year, down from 9.06% in June but exceeding forecasts. Core inflation also moderated to 10.3%.
German inflation climbs to 2.8% in July
Consumer prices rise above June’s 2.4% as energy costs weigh on households, latest data shows.
Malaysia’s Q2 GDP growth seen at 5.8% on strong exports, demand
Economists anticipate Malaysia’s second-quarter growth to accelerate to 5.8%, driven by resilient domestic demand and robust export performance.
Global markets brace for U.S. CPI as geopolitical risks simmer
Geopolitical tensions and hotspots intensify ahead of key U.S. inflation data, with investors monitoring energy markets and central bank signals.
Boston Fed’s Collins signals openness to September rate hike
Federal Reserve policymaker says September rate increase remains on the table as inflation pressures persist.
US CPI seen rising modestly in July as gasoline prices fall
Consumer prices likely increased 0.2% month-on-month, with lower gasoline costs offsetting gains in food and shelter. Core CPI expected to rise 0.2% as well.