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.
6,932 total articles
Treasury Secretary Scott Bessent told CNBC that it would be reasonable for the Federal Reserve to consider increasing the size of the FIMA facility given growth in the bond market since the facility's 2020 launch. Bessent reiterated that facilities such as FIMA and swap lines exist to shield the U.S. economy by keeping market volatility offshore, a…
Federal Reserve Bank of Philadelphia President Anna Paulson said she remains open to a range of monetary policy outcomes, including the possibility of higher rates, as she monitors mixed signs on inflation and a stabilizing labor market. Speaking publicly for the first time since the Federal Open Market Committee meeting, Paulson supported the deci…
JPMorgan said hedge funds gave up almost 3% of their 2026 gains during July as technology-related positions were unwound amid a wider market reaction to a crude oil price spike linked to the Iran war. Despite the setback, hedge funds remain approximately 8% higher for the year across strategies. The bank highlighted concentrated losses from momentu…
China's industry ministry has put in place mandatory safety requirements for vehicles equipped with conditional and highly automated driving systems. The rules, announced on Tuesday and effective July 1, 2027, require such systems to meet safety performance at least on par with a qualified and attentive human driver and to avoid creating unreasonab…
Since his January 2025 inaugural pledge to reverse what he called government censorship, President Trump’s administration has faced an unusual and sustained legal pushback on First-Amendment grounds. Federal judges in 75 cases have concluded the government infringed speech, religion or press rights, with rulings spanning university research grants,…
Japan's trade and finance ministries announced provisional anti-dumping duties ranging from 29.2% to 55.3% on imports of hot-dipped galvanised steel coil, sheet and strip from mainland China and South Korea. The duties - effective from August 8 to December 7 - follow a year-long investigation triggered by a petition from Nippon Steel, Kobe Steel an…
The European Commission has opened a formal investigation into an arbitration award that led Spain to pay €23.5 million ($27.04 million) to Japanese firm JGC Holdings. The probe will determine whether the payment, which arose from alterations to a 2007 renewable power support scheme and was paid to a U.S. fund holding the award, breaches EU state a…
Bank of Japan data on money market projections and current account balances suggested Tokyo may not have intervened in currency markets on Monday, even though the yen jumped to its strongest level in about three months. The BOJ's projection for Wednesday showed a funding shortfall larger than broker forecasts, and central bank account flows for Tue…
U.S. equity futures moved higher as markets digested a mixed outlook for a potential de-escalation in the Iran conflict and a fresh wave of corporate earnings. Investors took heart from comments that talks with Tehran may have resumed and from a weekend decision to call off strikes, yet Iranian officials denied negotiations were under way. Robust q…
Minutes from the Bank of Korea's July 16 meeting show board members agreed to raise interest rates and discussed the timing and pace of additional tightening. Some members advocated a preemptive stance to secure price stability, while others urged a careful reassessment of growth and inflation projections as new data arrived. Recent inflation data …
A former Bank of Japan official directly involved in past market operations warned that Japan and the United States are prepared to repeat joint intervention if the yen resumes a fresh downtrend. He said the recent rare coordinated yen-buying operation successfully altered market perceptions, and that the U.S. backing gives Tokyo freedom to act aga…
The Indian government intends to seek parliamentary approval for a package of tax measures designed to draw foreign investment and reinforce domestic manufacturing capacity. Proposed legislation would formalize tax exemptions for foreign buyers of Indian government bonds, protect offshore funds from tax where management is India-based, and extend t…
July advertising data from ANZ-Indeed indicates a 0.8 percent monthly increase in job postings, counterbalancing June's minor decline. The labor market continues to show resilience amid the Reserve Bank of Australia's rate hikes, with management and healthcare roles leading occupational expansion while unemployment remains steady.
The Japanese yen maintained much of its recent strength following coordinated intervention efforts by Japanese and American authorities. Currency markets are now closely monitoring Federal Reserve policy expectations, upcoming labor reports, and potential diplomatic developments that could further influence capital flows and exchange rate trajector…
The U.S. Treasury raised its estimate for third-quarter borrowing to $739 billion, $68 billion above its May projection, with a larger opening cash balance tempering but not eliminating the increase. The department also outlined fourth-quarter and second-quarter cash and borrowing figures, and signaled it will publish detailed refunding plans, incl…
A Federal Reserve Senior Loan Officer Survey for July reported largely unchanged lending standards for commercial and industrial (C&I) loans during roughly the second quarter, while demand patterns diverged across firm sizes and consumer loan types. Banks cited stronger C&I loan demand from large and middle market firms, mixed lending standards for…
Citadel Securities cautions that Federal Reserve Chair Kevin Warsh’s repeated vows to tackle persistent inflation, combined with limited detail on how the central bank will act, are generating uncertainty among investors. The firm says reliance on market moves to tighten financial conditions could create a feedback loop that ultimately undermines c…
Euro zone government bond yields eased on Monday after oil prices declined following remarks by U.S. President Donald Trump about imminent talks with Iran concerning the Strait of Hormuz. The move lowered inflation expectations and pulled short- and long-term German yields down, cutting back some market bets on further European Central Bank tighten…
U.S. construction spending edged down 0.1% in June, driven largely by weaker residential outlays as higher mortgage rates damp demand for new single-family homes. On a year-over-year basis spending was 3.2% lower. Public projects held steady while private nonresidential investment showed a small uptick, even as factory-related spending fell.
Japan confirmed it took part in yen-buying market intervention on Friday with assistance from the U.S. Treasury. Market participants say the U.S. bought yen using euros rather than dollars, a tactic analysts call highly unusual. Authorities appear intent on strengthening the yen without signaling a desire for a weaker dollar, a stance shaped by U.S…
U.S. manufacturing expanded in July to its strongest pace since May 2022, according to the Institute for Supply Management. A surge in orders and a rebound in factory hiring pushed the PMI to 55.6, while slower supplier deliveries and persistently high prices for inputs highlighted ongoing supply-chain and inflationary pressures tied to the Middle …
A recent analyst poll finds Brazil's central bank is expected to trim its benchmark Selic rate by 25 basis points at its August 5 meeting, marking a fourth consecutive reduction. While the committee has moved cautiously this year, persistent inflation pressures and fiscal constraints are likely to limit how quickly rates are eased further, and offi…
Long-term U.S. Treasury yields climbed sharply last week after remarks by Federal Reserve Governor Kevin Warsh, triggering a bear steepening of the yield curve and renewed concerns about inflationary pressures. Analysts at Wolfe Research warned that the move in the long end of the curve is both a symptom and an amplifier of the United States' chall…
A recent BTG Pactual/Nexus poll published today finds President Luiz Inácio Lula da Silva leading challenger Flávio Bolsonaro by a single percentage point in a head-to-head runoff scenario. The survey places Lula at 46% and Bolsonaro at 45%, a narrowing from the same poll's late July results and within its stated margin of error.
A recent Nexus/BTG Pactual poll finds President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro virtually tied as Brazil moves toward the October presidential election. In a hypothetical second-round runoff Lula holds 46% to Bolsonaro's 45%, while first-round figures show Lula at 41% and Bolsonaro at 37%. The survey of 2,002 respondents was …
