Macroeconomic data, trends, and policy developments.
Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.
7,187 total articles
The Bank of Russia cut its benchmark rate by 25 basis points to 14% even as inflation accelerated following Ukrainian drone attacks on oil refineries and an e-commerce warehouse. The central bank also pared its growth projection for the year to a range between zero and 1% and lifted its 2026 inflation forecast to 6-7%, citing a notable rise in fuel…
The Bank of Japan is widely expected to hold its policy rate at 1% at the July 30-31 meeting after raising borrowing costs by 25 basis points in June. Forecasters anticipate an upward revision to fiscal 2026 GDP growth, a slight downward tweak to core inflation forecasts because of energy subsidies, and continued anchoring of long-term price expect…
A July 21-24 poll of 70 economists finds unanimous expectation that the Bank of England will keep its policy rate at 3.75% on Thursday and likely maintain it through much of 2026 as inflation remains above target. A temporary dip in June inflation to 2.6% followed a brief easing of conflict in the Gulf and lower fuel prices, but renewed hostilities…
A sharp repricing in U.S. Treasury markets has driven two-, 10- and 30-year yields to their highest levels in years. Market reactions to rising oil prices, geopolitical uncertainty around Iran, and solid U.S. economic data are combining with Federal Reserve Chairman Kevin Warsh's decision to reduce forward guidance, producing rapid shifts in expect…
Anduril is discussing a new financing round that could peg its valuation at roughly $100 billion, placing the California-based defense technology company in the vicinity of large defense contractors. The talks include proposals for a two-step funding arrangement tied to performance benchmarks; Anduril says no decisions have been made.
Brent crude climbed above $100 a barrel after Iran-backed Houthi rebels struck Saudi vessels in the Red Sea, while the 10-year U.S. Treasury yield rose to about 4.7% - its highest level since January 2025 - amid concerns that higher energy prices will keep inflation elevated. Market participants are weighing strained global oil inventories, damaged…
U.S. equity markets enter a testing week with a Federal Reserve policy meeting and a heavy slate of corporate earnings, led by technology firms heavily invested in artificial intelligence. Recent sharp declines in Alphabet and Tesla following earnings have soured market sentiment, while rising oil prices and elevated Treasury yields raise questions…
The Bank of England's Decision Maker Panel for the three months to July indicates firms expect lower price and wage increases over the next 12 months compared with June. Price growth expectations eased to 3.9% from 4.1%, while year-ahead wage growth expectations fell to 3.4%. The survey notes a temporary fall in energy prices following a ceasefire …
A European Central Bank quarterly exchange with 76 large non-financial companies operating in the euro area found that many firms are unable to transfer recent fuel-cost increases to end consumers. While input prices and transport costs have risen - notably petrochemicals by 20-30% - consumer-facing businesses report little adjustment to retail pri…
A European Central Bank survey found that euro area inflation expectations have been largely stable over the past three months, with price growth expected to fall sharply next year and to reach the ECB's 2% target in 2028. The survey kept this year's inflation projection at 2.7%, raised the 2027 forecast to 2.2% and trimmed economic growth estimate…
Renewed Gulf hostilities have driven Brent crude back to $100 a barrel, pushed European gas and government bond yields higher, and reignited concerns about stagflation - the coexistence of elevated inflation and sluggish growth. Trade frictions, including fresh U.S. tariffs on goods from 60 trading partners, add to the uncertainty facing households…
U.S. equity futures rose early Friday as investors weighed a widening confrontation between the U.S. and Iran, the risk of further disruptions to critical shipping lanes and a slate of tech earnings led by an upbeat report from Intel. New double-digit tariffs from the White House and upcoming PMI readings add to a complex macroeconomic backdrop in …
Next week’s calendar centers on central bank decisions and corporate earnings against a backdrop of rising energy prices and fresh U.S. trade measures. Brent crude has moved back above $100 a barrel amid concerns about shipping chokepoints in the Middle East, while the U.S. levied new tariffs on a broad set of trading partners. The Federal Reserve,…
Temasek is stepping up investment activity across Europe, the Middle East and Africa and is now giving greater consideration to defence-related opportunities amid rising European military expenditure. The Singaporean state investor has allocated a relatively small share of its S$518 billion portfolio to the region but has been increasing deployment…
Emmanuel Moulin, governor of the Bank of France, said tariffs recently imposed by the U.S. administration increase uncertainty for global commerce and are not supportive of economic growth. The duties - introduced as a temporary global levy expired - target goods from 60 trading partners amid allegations of insufficient enforcement of forced labour…
At the Farnborough Airshow, U.S. defence contractors encountered growing European insistence on local production, technology access and industrial returns. Companies including Lockheed Martin, Raytheon Technologies and newer entrants such as Anduril are responding with European manufacturing, joint ventures and tailored offerings, while European go…
Bundesbank President Joachim Nagel said the European Central Bank is well positioned to respond to a renewed surge in energy costs and must weigh incoming economic data before deciding on a possible interest-rate increase at its September meeting. The ECB left rates unchanged on Thursday, with policymakers signalling a September hike is possible am…
HSBC-S&P Global's flash composite Purchasing Managers' Index for India fell to 54.3 in July from 57.1 in June, marking the weakest private-sector growth in more than four years. The decline was driven by a pronounced slowdown in services activity, while manufacturing held up but softened. Export orders improved and firms continued to add staff, eve…
A sharp rise in oil following Red Sea attacks on tankers lifted Brent and pushed longer-dated U.S. Treasury yields higher, reviving concerns about inflation and the likelihood of further Fed tightening. At the same time, large tech firms reported cash outflows linked to AI investment, feeding equity losses and investor unease about capital spending…
Approximately 2,000 Brazilian export categories will be shielded from newly implemented U.S. tariffs, with key agricultural commodities such as coffee and orange juice fully exempt. The policy introduces a tiered tariff architecture that differentiates between single-levy and dual-levy sectors, establishing distinct cost environments across trade c…
The Trump administration has implemented tariff measures targeting sixty of the United States primary trading partners to address persistent gaps in how foreign nations manage the movement of goods created through coerced labor. By linking trade levies to supply chain transparency, the administration is enforcing compliance through direct economic …
Canada is preparing possible retaliatory measures if talks with the United States fail to avert a threatened 50% tariff set to take effect by August 19. The prime minister said Ottawa has reintroduced the possibility of countermeasures after having removed many such tariffs last September, and described recent exchanges with U.S. officials as refle…
The European Central Bank is examining several policy options aimed at reducing the financial losses faced across the Eurosystem, with a decisive conversation expected in the autumn, according to four sources. Measures being considered range from raising minimum reserve requirements to reintroducing tiered deposit rates or even charging banks fees.…
The European Central Bank will take up the question of increasing the minimum reserves that commercial banks must hold, ECB President Christine Lagarde said, a step that could reduce interest costs the Eurosystem pays on excess liquidity and help limit losses at some national central banks. Although the change was not discussed at the latest Govern…
Over the past year U.S. bond returns have been modest while their five-year performance is negative. International equity and developed-market ETFs, particularly those tied to Europe and Japan, have outpaced U.S. bond benchmarks, a divergence driven by higher U.S. rates, relatively firmer U.S. inflation, and differing central bank stances.
