Macro
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.
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.
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.
Japan business mood improves on semiconductor demand surge: Reuters poll
Manufacturers report rising confidence as chip demand drives output and orders, according to the latest Reuters Tankan survey.
Global youth unemployment rises as job creation slows, UN agency warns
UN labor agency reports rising youth joblessness amid weak hiring trends and potential AI disruption to labor markets.
AI unlikely to trigger mass job losses, study finds
Research suggests AI will disrupt but not devastate labor markets, with productivity gains offsetting displacement risks.
Markets drift as Middle East tensions ease into 'peace fog'
Risk assets pare gains as geopolitical uncertainty wanes, leaving investors cautious ahead of key U.S. data releases.
Brazil opposition proposes debt-linked fiscal rule to replace current framework
Draft rule from Bolsonaro campaign ties fiscal targets directly to public debt levels, aiming to replace Brazil's existing fiscal framework amid economic uncertainty.
Poland's economic index dips below neutral in August
The Economic Sentiment Indicator falls to its lowest since April 2021, signaling weakening economic confidence amid rising inflation and policy uncertainty.
India's net direct tax revenue rises 23% to 8.1 trillion rupees
Fiscal receipts exceed expectations as corporate and income tax collections drive growth in the world's fifth-largest economy.
U.S. auto loan debt hits record $1.6 trillion in Q2
Total outstanding auto loans rose to a new high as higher vehicle prices and longer loan terms offset rising interest rates.
U.S. Treasuries rise as Iran deal reports lift demand
Yields on benchmark 10-year notes fall to session lows amid speculation of easing geopolitical tensions in the Middle East.
U.S. household debt declines $13 billion in Q2
Federal Reserve data shows the first quarterly drop in household debt since 2021, led by declines in credit card and auto loan balances.
U.S. auto loan debt hits record high, NY Fed data shows
Total U.S. household debt rose to $17.69 trillion in Q2, with auto loans reaching $1.56 trillion amid rising borrowing costs.
U.S. existing home sales rise, top forecasts in latest data
Sales of previously owned homes increased 0.8% month-over-month in June, exceeding economist estimates and signaling tentative stabilization in the housing market.
U.S. existing home sales fall for second straight month in July
Sales of previously owned homes declined 2.2% from June, extending a streak of softening demand amid elevated mortgage rates and tight inventory.
Russia's trade surplus falls to $12.46 billion in June
Monthly surplus declines from May as exports and imports adjust under sanctions and global market shifts.
Wolfe Research: AI unlikely to resolve U.S. federal debt crisis
Analysts argue artificial intelligence may boost productivity but cannot address structural fiscal imbalances driving the debt burden.
U.S. private payroll growth weakens for sixth week running
ADP data shows hiring momentum in the U.S. labor market continues to fade, with private sector job gains slowing for a sixth consecutive week in May.
US small-business sentiment hits 11-month high in July
NFIB index rises to highest since August 2023, though labor shortages remain a persistent concern for owners.
Spain sells €2.07 bln in T-bills at Tuesday auction
Demand remains robust as Spain issues €2.07 billion in short-term debt, with yields largely stable amid broader euro zone borrowing conditions.
Italian corporate lending rises 3.2% in June as demand strengthens
Bank lending to Italian companies grew at the fastest pace in months, signaling tentative recovery in business credit amid shifting economic conditions.
Trump seeks Iran reparations as Intel share sale lifts markets
Former U.S. president calls for reparations from Iran after drone attack, while Intel's secondary share offering boosts tech sector sentiment.
Philippines President Marcos Proposes $118 Billion Budget for 2027
Philippine President Ferdinand Marcos Jr. has proposed a national budget of $118 billion for the fiscal year 2027.
