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The Bank of Japan (BOJ) is set to maintain its pledge to keep raising interest rates at its policy meeting next week, but the pace of future hikes will depend on the economy's reaction to each increase. Markets have almost fully priced in a rate hike to 0.75% from 0.5%...
Consumer prices in France fell 0.2% in November 2025, following a 0.1% rise in October. The drop was mostly from lower services prices (-0.5%), caused by seasonal fall in transport services (-5.4%), and a slight decline in manufactured goods (-0.1%). Energy prices rebounded 1.3% pushed by higher petroleum product prices...
Germany's inflation rate remained unchanged at 2.3% year-on-year in November 2025, matching October's rate, according to the Destatis. On a monthly basis, consumer prices decreased 0.2%, while the harmonised index of consumer prices rose 2.6%. The President of Destatis, Ruth Brand said the development of consumer prices has stabilised for...
The Federal Reserve Board has announced the reappointment of Federal Reserve Bank presidents and first vice presidents, following a comprehensive review that began in December 2024. The process assessed each leader’s work with local business, financial and non-profit communities, their management the Bank’s strategy and staff, and their leadership contributions...
The UK's trade deficit widened in October 2025, with both imports and exports of goods increasing. Goods imports rose by £0.8 billion (1.5%) in October, as imports from both EU and non-EU countries increased. Goods exports climbed to £1.5 billion (5.2%), mainly due to an £1.3 billion (8.6%) increase in...
The UK economy slipped in the three months to October 2025, with real GDP falling 0.1%, marking the first three-month fall since December 2023. This decline comes after the economy saw a 0.1% growth in the three months to September and 0.2% in the three months to August. while production...
Canada's monthly international trade in services surplus held steady at $0.2 billion in September 2025. The country's imports of services was up 0.8% to $19.8 billion, while exports of services rose 0.7% to $20.0 billion. Imports of commercial services drove the growth, rising 2.4% to $11.6 billion, fueled by financial...
U.S. wholesale inventories rebounded strongly in September, rising 0.5% after a 0.1% decline in August, according to the Commerce Department's Census Bureau. This increase was led by a surge in stocks of long-lasting manufactured goods, including computer equipment, metals, and electrical products. The rebound will likely lift the country's gross...
The International Energy Agency (IEA) has revised its forecast for the 2026 global oil supply glut, trimming it to 3.84 million barrels per day (bpd) down 250,000 bpd from 4.09 million bpd previously. This marks the first reduction in the forecast since May due to stronger world economy and lower...
The U.S. trade deficit dropped to $52.8 billion in September, down $6.4 billion from August's revised figure of $59.3 billion. This decrease was led by a $7.1 billion reduction in the goods deficit, partially offset by a $0.6 billion decrease in the services surplus. Exports rose 3% to $289.3 billion,...
U.S. initial unemployment claims, rose by 44,000 to 236,000 in the week ending December 6 according to the Department of Labor, up from the revised 192,000. The 4-week moving average also increased by 2,000 to 216,750. Insured unemployment rate decreased slightly to 1.2% for the week ending November 29. The...
The Swiss National Bank (SNB) has decided to keep its policy rate unchanged at 0%, to maintain price stability and support the country's economic development. This decision comes as inflation in Switzerland has eased slightly, dropping to 0.0% in November from 0.2% in August, led by lower prices in sectors...
The U.S. has seized a sanctioned oil tanker, off the coast of Venezuela, President Donald Trump announced on Wednesday. The vessel, believed to be the VLCC Skipper was carrying 1.8 million barrels of Merey heavy crude and transferred about 200,000 barrels near Curacao before the operation. The tanker was also...
Australia’s labour market held steady in November 2025. The Australian Bureau of Statistics (ABS) reported that the unemployment rate decreased to 4.3% in trend terms. The participation rate remained steady at 66.8% while the employment-to-population ratio held at 63.9%. Underemployment rate also remained unchanged at 5.9% while youth unemployment stayed...
The Federal Reserve has lowered the federal funds rate by a quarter percentage point to a target range of 3.50%–3.75%, citing moderate economic growth, slower job gains, and a slight rise in unemployment through September. Inflation has increased since earlier this year and remains somewhat elevated. The Fed noted that...
The US Federal Reserve is expected to cut interest rates by a quarter percentage point on Wednesday, with policymakers battling with gaps in economic data caused by the recent government shutdown. The decision comes amid competing views on the risks facing the economy, with some Fed officials skeptical about...
The US Bureau of Labor Statistics reported that compensation costs for civilian workers increased 0.8% in September 2025, with wages and salaries increasing 0.8% and benefit costs rising 0.8%. Over the past 12 months, compensation costs have increased 3.5%, with wages and salaries up 3.5% and benefit costs also rising...
The Bank of Canada has maintained its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. This decision comes as major economies globally continue to show resilience to US trade protectionism, despite high uncertainty. The Canadian economy grew by a...
Ukrainian President Volodymyr Zelenskiy said he is prepared to hold elections within 60-90 days if the U.S. and European allies can ensure the security needed for wartime elections. Zelenskiy's whose term expired last year is facing pressure from U.S. President Donald Trump to hold elections as part of efforts to...
A US trade agreement reached with Indonesia in July is at risk of collapsing, according to a US official who said Jakarta has backtracked on several commitments made as part of the deal. The US had agreed to drop tariffs on Indonesian products in exchange for Indonesia to eliminate tariffs...
The UK's Budget could knock half a percentage point off inflation next year, according to Clare Lombardelli, Bank of England deputy governor. Measures announced by Chancellor Rachel Reeves in November, including capping fuel duty, cutting energy prices, and freezing rail fares, are expected to slow price increases from April 2026....
China's consumer inflation climbed to a near two-year high in November, with consumer prices edging up 0.7% from a year earlier. However, producer price deflation deepened, with factory-gate prices falling 2.2% in November, extending the deflationary stretch into its fourth year. Core inflation, excluding food and energy, rose 1.2% year-on-year. The...
The US has will allow Nvidia's H200 processors, its second-best AI chips, to be exported to China, while collecting a 25% fee on sales. The decision is a compromise between maintaining US dominance in AI chips or withholding exports. President Donald Trump said the decision was made to protect national...
US President Donald Trump’s envoy has given Ukraine President Volodymyr Zelenskyy days to respond to a proposed peace deal with Russia. The deal would require Ukraine to accept territorial losses in exchange for US security guarantees, but Kyiv is hesitant to accept, fearing it could fracture western unity if the...
The European Central Bank (ECB) is set to propose simplifying bank rules, aiming to reduce complexity rather than lower capital requirements. The move is seen as a more conservative approach compared to the US and UK, which have been more aggressive in deregulating their banking sectors. The ECB plans to...
The U.S. economy showed further signs of slowing as the Conference Board Leading Economic Index (LEI) declined by 0.3% in September 2025 to 98.3, matching August’s revised drop. This marks the second consecutive month of decline. Over the six months between March and September, the LEI fell by 2.1%, a...
The number of job openings in the U.S. remained unchanged at 7.7 million in October, according to the Bureau of Labor Statistics. The job openings rate also held steady at 4.6%. Hires and total separations were little changed at 5.1 million. The federal government shutdown affected the release of September...
British grocery inflation stayed at 4.7% in the four weeks to November 30, keeping the pressure on households as they head into the Christmas holiday period. According to data from Worldpanel by Numerator, the figure provides an early indication of pricing pressures ahead of official UK inflation data on December...
Germany’s foreign trade performance strengthened in October 2025, with exports rising 0.1% and imports falling 1.2% from September, according to Destatis. Seasonally adjusted exports reached €131.3 billion, while imports totalled €114.5 billion, resulting in a €16.9 billion surplus, up from €14.6 billion a year earlier. Year-over-year, exports increased 4.2% and...
China's Premier Li Qiang has urged trading partners to reject rising protectionism, stating that the tariffs are severely impacting the global economic activity. His comments comes one day after the country reported a record $1 trillion trade surplus due to surge in exports to Europe, Australia, and Southeast Asia as...