News/Event
WTI crude oil futures held at $56.6 per barrel on Tuesday, the lowest level since early 2021, weighed down by expectations of a supply glut and optimism over a potential Ukraine peace deal.US officials signaled on Monday that an agreement between Russia and Ukraine may be closer than ever, with Was…
Japanese equities declined for a second consecutive session on Tuesday, with the Nikkei 225 Index falling 1% to below 49,700 and the broader Topix Index sliding 0.9% to around 3,400.The market tracked another AI-led selloff on Wall Street, while investors also positioned ahead of a key US jobs repo…
Economists at the Commonwealth Bank of Australia now expect the Reserve Bank of Australia will hike interest rates in February next year as inflationary pressures pick up amid a capacity constrained economy. "We see a rate hike as necessary to bring the economy back into balance and help return inf…
The S&P/ASX 200 rose 0.2% to 8,649 on Tuesday, rebounding from the previous session as gains in heavyweight banking and mining stocks provided support.Banking stocks increased 0.7% to its highest level in nearly a month, despite the RBA’s recent decision to keep its cash rate unchanged and signalin…
Australia’s Westpac–Melbourne Institute Consumer Sentiment Index plunged 9.0% mom to 94.5 in December 2025, slipping back below the 100 level after returning to optimism in November for the first time since February 2022.The decline followed a 12.8% surge in the prior month.Economic sentiment weake…
New Zealand on Tuesday forecast a budget deficit of NZ$16.93 billion for the fiscal year ending June 30, 2026, wider than a deficit of NZ$15.60 billion projected in its May budget.
Gold is steady in the early Asian session ahead of the U.S. November employment report due out later today. "Markets are looking for a soft print of around +50K, with the unemployment rate seen edging up to 4.5%," says Fawad Razaqzada, market analyst at FOREX.com, in an email. "Any downside surpris…
New Zealand shares were little changed, hovering around 13,403 in Tuesday morning trade, following a muted prior close, as strength in industrial services and energy minerals offset declines in consumer durables and transport.Investors weighed local data showing annual food inflation eased to 4.4…
Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue to weigh on the market. Brent oil edged lower to find support at the crucial support level of $60 as at the time of writing. At the same time, WTI oil price declined to its…
The S&P Global Australia Manufacturing PMI rose to 52.2 in December 2025 from 51.6 in November, according to flash estimates, signaling a 2nd month of expansion if confirmed.The improvement was driven by renewed growth in new orders and output, although momentum eased from November.A fresh rise in…
The S&P Global Australia Services PMI Business Activity Index eased to 51.0 in December from 52.8 in November, indicating slower expansion in the service sector if confirmed.The moderation reflected weaker services and new business growth amid heightened competition, with new orders decelerating wh…
USDTRY increased to an all-time high of 42.71.Over the past 4 weeks, US Dollar Turkish Lira gained 1.01%, and in the last 12 months, it increased 22.02%.
The S&P Global Flash Australia Composite PMI fell to 51.1 in December from 52.6 in November, signaling expansion for a fifteenth month but at the softest pace in seven months.Services activity slowed with the Services Business Activity Index at 51.0 versus 52.8, while the Manufacturing PMI rose to…
1030 GMT - U.S. Treasury yields fall in midday European trade. Investors await U.S. jobs and inflation data as they continue to expect further interest-rate cuts by the Federal Reserve. Delayed nonfarm payrolls data on Tuesday for October and November will be closely scrutinized for confirmation of…
Annual food inflation in New Zealand eased to 4.4% in November 2025, down from 4.7% in the previous month.The grocery food group, which rose 4.6% year-on-year, contributed most to the overall increase in food prices.Meat, poultry and fish followed, climbing 7.7% annually, while restaurant meals and…
Copper price continues to move in tandem with the current supply/demand dynamics. While supply tightness has offered it steady support in recent weeks, signs of slowing demand have curbed its upside potential.In the new week, the Comex copper price is set to react to the release of crucial economic…
The S&P/TSX Composite Index edged 0.1% lower to close at 31,483 on Monday, as losses in technology and energy outweighed gains in financials while investors digested fresh Canadian inflation data.E-commerce heavyweight Shopify led the decline, falling 2.6% in step with US peers amid renewed concern…
By Karen Brettell U.S. Treasury yields dipped on Monday as investors waited on jobs and inflation data due this week, which will provide the last look at major economic releases for the year.An increasingly divided Federal Reserve cut rates last week on concerns about a weakening labor market ev…
By Greg RobbFed officials are struggling to find the interest-rate policy that best balances concerns about inflation with worries over a sluggish labor marketFed governor Stephen Miran, at left, and New York Fed President John Williams say they are not worried about inflation.Two top Federal Reser…
By Fergal Smith The Canadian dollar steadied on Monday against its U.S. counterpart as oil prices fell and domestic data showed inflation running at a cooler than expected pace.The loonie FX_IDC:USDCAD was trading nearly unchanged at 1.3775 per U.S. dollar, or 72.60 U.S. cents, after earlier tou…
Australia Westpac Consumer Confidence increased to 94.5% in December from previous 12.8%
Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney’s Bondi Beach, and China reported fresh signs of economic slowdown.Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid…
Australia S&P Global Manufacturing PMI climbed from previous 51.6 to 52.2 in December
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.2 in December versus 51.6 prior, the latest data published by S&P Global showed on Friday.
EUR/USD holds firms above the 1.1700 threshold on Monday as the US Dollar weakens while investors wait for the latest Nonfarm Payrolls report on Tuesday. At the time of writing, the pair trades at 1.1739 unchanged.
Europe’s policy, regulatory, and tech landscape is in flux as central banks, governments, and businesses adjust to mounting economic and political pressures.In the UK, the Bank of England faces a finely balanced rate decision as inflation cools but growth risks rise.Elsewhere, regulators are tighte…
There is growing reason for cautious optimism about the Canadian economy, says the Royal Bank of Canada economics team. Underscoring their optimism is strength in per-capita GDP, which RBC expects to rise 0.8% in 2025, or the first increase in three years. RBC expects per-capita GDP growth to accel…
Bitcoin price continued to struggle after losing the $90,000 support level over the weekend. On Monday, upside price action was capped due to macro uncertainty, preventing bulls from reclaiming this key area.Despite a shaky market sentiment, the total crypto market saw a modest 24-hour gain, pushin…
The FTSE MIB climbed 1.4% to close at 44,117, its highest level in more than a month, tracking gains across European markets ahead of Thursday’s ECB policy decision.Rates are widely expected to remain unchanged.Financial stocks led the advance, with UniCredit up 2.3%, Intesa Sanpaolo 2.1%, and Gene…
French senators approved a 2026 budget bill on Monday that the government said would worsen the fiscal deficit by more than it had planned, setting the stage for high-stakes negotiations between both houses of parliament at the end of the week.The conservative-dominated Senate voted 187 to 109 in f…
Canada’s annual inflation rate remained constant at 2.2% in November, owing primarily to increased food prices, Statistics Canada announced on Monday. On a year-over-year basis, the rise in food and restaurant prices was somewhat offset by a decrease in gasoline and lodging costs.This is the first…
France’s 10-year OAT yield slipped to 3.56%, as markets reacted to France’s 2026 budget developments.The French Senate approved the budget on Monday, setting the stage for negotiations between both houses on Friday, with a lower house vote expected on December 23.The government aims to cap next yea…
By Michel Rose and Angelo Amante Italy and France want a final European Union vote on the Mercosur trade deal to be delayed, two sources familiar with the discussions said, a move which risks derailing an accord that has taken 25 years to negotiate.The deal with the Mercosur group of Latin Ameri…
The recent US seizure of a tanker off Venezuela’s coast will have a limited immediate effect on the Chinese market. A significant amount of Venezuelan oil was already headed to China with the country having a current surplus of crude in storage amid weaker domestic demand, according to a Reuters re…
The British pound traded little changed near $1.34, continuing to benefit from broad US dollar weakness as traders prepared for the Bank of England’s monetary policy decision later in the week.The central bank is widely expected to cut the key bank rate by 25 basis points to 3.75%, bringing it to t…
The Canadian dollar strengthened past 1.38 per US dollar to a three-month high as markets weighed a steady Bank of Canada against a softer US policy outlook.Headline CPI holding at 2.2% and the trimmed-mean easing to a ten-month low of 2.8%, reinforcing the view that price pressures are converging…
Stocks advanced on Monday, recovering from a mixed and volatile stretch on Wall Street that saw investors aggressively rotate out of high-valuation technology names and into more attractively priced parts of the market. Traders also prepared for a wave of delayed US economic reports that are expect…
Gold prices were hovering below the $4,400-per-ounce mark as safe-haven buying increased, while the dollar slipped against major currencies.Silver prices on COMEX also rose more than 3% on Monday, with the metal shy of Friday’s record high.Meanwhile, oil prices were in the red as a potential peace…
Venezuela’s state oil company PDVSA said it was the target of a cyber attack orchestrated by the US in coordination with domestic conspirators, according to a statement issued on Monday jointly with the country’s oil ministry.The business said operations were unaffected and that the attack was repu…
Copper prices increased on Monday, with contract expiry-related position rolling by some traders overriding current concerns.This move helped the market temporarily disregard weak economic data and ongoing worries about China’s crucial property sector, which is the top consumer of the metal, accord…
Gold (XAU/USD) holds firm on Monday after hitting a daily high of $4,350 earlier, but traders booking profits sent the yellow metal to erase its earlier gains as the Greenback continues to print losses. XAU/USD trades at $4,296 virtually unchanged.
Poland had a budget deficit of 244.9 billion zlotys ($68.26 billion) at the end of November, PAP news agency reported on Monday, citing finance ministry data.The deficit stood at over 227.1 billion zlotys at the end of October. ($1 = 3.5876 zlotys)
The NAHB/Wells Fargo Housing Market Index in the US inched up to 39 in December 2025, the highest in eight months, from 38 in November, compared to forecasts of 38.Still, the index stayed below the 50 threshold for the 20th consecutive month, as builders contend with higher construction costs, econ…
By Karen Brettell U.S. Treasury yields dipped on Monday as investors waited on jobs and inflation data due later in the week, which will provide the last look at major economic releases for the year.An increasingly divided Federal Reserve has continued to cut rates on concerns about a weakening…
The S&P TSX Composite Index rose 0.4% to above the 31,650 level on Monday, lifted by gains in miners and technology stocks as investors assessed fresh Canadian inflation data.Mining shares led, with Agnico Eagle up about 1.5%, Barrick Mining gaining more than 2%, and Wheaton Precious Metals nearly…
Michael Saylor’s Strategy (formerly known as MicroStrategy), the world’s largest Bitcoin corporate holder, has added yet another substantial tranche of BTC to its treasury haul. The buy comes amid a period of market consolidation, where the Bitcoin price has hovered near the $90,000 mark after rece…
The Bank of Canada is likely happy with the easing in core inflation, says Doug Porter, chief economist from BMO Capital Markets, of November CPI data. The report was "relatively clean," he says, although notes there are two proverbial flies in the ointment. First, inflation breadth expanded, with…
AUD/USD remains under pressure on Monday, with the Australian Dollar (AUD) edging lower as the US Dollar (USD) stages a modest rebound ahead of a heavy US economic docket due on Tuesday. At the time of writing, AUD/USD is trading around 0.6637, staying on the back foot for a third consecutive day.
Price growth is normalizing in Canada, say Royce Mendes, head of macro strategy at Desjardins Securities. Headline inflation rose 2.2% in November, but the key detail is that closely watched readings of core CPI slowed. A sharp increase in grocery-store items — the largest in nearly two years — was…
India’s merchandise exports surged 19.37% year-on-year in November to reach $38.13 billion, the highest level in a decade.The whopping figure comes even as US tariffs remain punitive.The sharp rebound reversed October’s decline and compressed the nation’s trade deficit to $24.53 billion from a reco…
Canada’s manufacturing sales fell 1.0% month-on-month to C$71.5 billion in October 2025, reversing a 3.3% increase in September and roughly in line with earlier estimates of a 1.1% fall.Eleven of the 21 subsectors recorded declines.After two consecutive monthly gains, chemical product sales dropped…
By Elena Fabrichnaya The Russian central bank is set to cut its benchmark interest rate by at least 50 basis points (bps) to 16% at a board meeting on Friday, which will for the first time coincide with an annual phone-in by President Vladimir Putin, a Reuters poll of 24 analysts showed on Monda…
By Robb M. StewartOTTAWA--Canadian manufacturing activity retreated in October, with sales falling amid weakness in chemical and wood products and transportation equipment.Factory shipments dropped 1.0% from the month before to a seasonally adjusted 71.51 billion Canadian dollars, the equivalent of…
By Robb M. StewartOTTAWA--Consumer price growth in Canada held steady last month as consumers paid less for services but faced the sharpest rise in grocery costs since the end of 2023 and prices at the pump declined less sharply.The consumer-price index rose 2.2% from a year earlier in November, ma…
By Ed FranklNew York State manufacturing activity contracted unexpectedly this month, after reaching its highest level in a year in November, dragged by falling shipments as demand appeared to weaken.The Federal Reserve Bank of New York said Monday that its statewide manufacturing index of business…
Futures linked to Canada’s main stock index remained higher on Monday after inflation data came in slightly below expectations.The annual inflation rate for Canada held steady at 2.2% in November, unchanged from October and below forecasts of 2.3%, reinforcing expectations that the Bank of Canada w…
By Robb M. StewartOTTAWA--Canadian manufacturing activity pulled back in October, with a drop in sales of chemicals, wood products and transportation equipment.Factory shipments declined 1.0% from the month before to a seasonally adjusted 71.51 billion Canadian dollars, the equivalent of about $51…
As investors stare down the start of 2026, one thing is clear: the playbook that worked over the last decade won’t cut it in the next.Between stubborn inflation fears, a ballooning US national debt and relentless innovation in digital finance, the lines between Wall Street, Washington and Web3 are…
The Nasdaq 100 Index and its top ETFs like QQQ, QQQM, and JEPQ suffered a harsh reversal last week as jitters on the ongoing artificial intelligence (AI) boom continued. It dropped to a low of $25,195, down sharply from the year-to-date high of $26,143. This article explores some of the top catalys…
Spain has intensified its campaign against short-term holiday rentals by fining Airbnb €64 million for advertising unlicensed tourist homes. The penalty, announced by the Consumer Rights Ministry on Monday, as reported by Reuters, places one of the world’s largest vacation rental platforms at the c…
By Robb M. StewartOTTAWA--Canadian manufacturing activity retreated in October, with sales falling amid weakness in chemical and wood products and transportation equipment.Factory shipments dropped 1.0% from the month before to a seasonally adjusted 71.51 billion Canadian dollars, the equivalent of…
By Robb M. StewartOTTAWA--Consumer price growth in Canada held steady last month as consumers paid less for services but faced the sharpest rise in grocery costs since the end of 2023 and prices at the pump declined less sharply.The consumer-price index rose 2.2% from a year earlier in November, ma…
By Paul VieiraOTTAWA--Canadian housing starts in November rose, edging above market expectations.The results exposed a deep divide between regions, with declines in the Toronto and Vancouver, British Columbia markets offset by strength elsewhere in the country.Housing starts across Canada came in a…
The Indian rupee slipped to its record low on Monday, as an ongoing stalemate in U.S.-India trade negotiations continued to weigh on the currency alongside persistent foreign selling of local equities and bonds. The rupee FX_IDC:USDINR weakened to 90.5550 against the U.S. dollar, eclipsing its prev…
The Russian central bank is set to cut its key rate by at least 50 basis points to 16% at a meeting on December 19 which will coincide with an annual question and answer session by President Vladimir Putin, a Reuters poll of 24 analysts showed on Monday. All analysts polled by Reuters expected…
By Paul VieiraOTTAWA--Canadian housing starts in November rose, edging above market expectations.Housing starts across Canada came in at a seasonally adjusted annualized rate of 254,058 units, a 9.4% increase from the month before, Canada Mortgage and Housing Corp. said Monday. Expectations were fo…
By Ed FranklNew York State manufacturing activity contracted unexpectedly this month, after reaching its highest level in a year in November, dragged by falling shipments as demand appeared to weaken.The Federal Reserve Bank of New York said Monday that its statewide manufacturing index of business…
The headline inflation rate in Canada held at 2.2% in November of 2025, unchanged from October, below expectations of 2.3%, and still loosely converging toward the 2% threshold in the near term as projected in the Bank of Canada’s baseline scenario.Gasoline prices fell 7.8% year-on-year, easing fro…
By Paul VieiraOTTAWA--Canadian housing starts in November rose, edging above market expectations.The results exposed a deep divide between regions, with declines in the Toronto and Vancouver, British Columbia markets offset by strength elsewhere in the country.Housing starts across Canada came in a…
The NY Empire State Manufacturing Index in the US dropped to -3.9 in December, from a one-year high of 18.7 in November, and worse than forecasts of 10.The survey pointed to a return to contraction in New York State’s manufacturing sector.New orders held steady while shipments decreased modestly.De…
By Robb M. StewartOTTAWA--Canadian manufacturing activity pulled back in October, with a drop in sales of chemicals, wood products and transportation equipment.Factory shipments declined 1.0% from the month before to a seasonally adjusted 71.51 billion Canadian dollars, the equivalent of about $51…
Poland’s current account surplus widened to EUR 1.92 billion in October 2025 from EUR 918 million a year earlier, well above market expectations of EUR 130 million.The goods trade balance swung back to a surplus of EUR 553 million from a EUR 333 million deficit.The services surplus increased to EUR…
Housing starts in Canada rose 9.4% month-on-month in November 2025, reaching a seasonally adjusted annual rate of 254,058 units, following a 17% decline in the previous month.
By Paul VieiraOTTAWA--Canadian housing starts in November rose, edging above market expectations.Housing starts across Canada came in at a seasonally adjusted annualized rate of 254,058 units, a 9.4% increase from the month before, Canada Mortgage and Housing Corp. said Monday. Expectations were fo…
Bitcoin (BTC) treasury and financial intelligence firm Strategy expanded its holdings following another round of weekly accumulation.
Nov 15 (Reuters) - Canada housing starts for November * Canadian seasonally adjusted housing starts were 254,058 in November, compared with a revised 232,245 units in October.Details at: https://www.cmhc-schl.gc.ca/en/media-newsroomAlso see: (Access may depend on subscriber level) (Repo…
Poland’s trade balance shifted to a surplus of EUR 553 million in October 2025 compared to a deficit of EUR 333 million a year ago.It was the largest trade surplus since April 2024, as exports outpaced imports.Exports climbed by 4.2% to an all-time high of EUR 32.4 billion, mainly on the back of ot…
As resale apps and online marketplaces grow, tax experts warn that casual sellers may be crossing into reportable income without realizing it.IRVINE, CALIFORNIA / ACCESS Newswire / December 15, 2025 / Millions of Americans use online platforms to sell unused furniture, clothing, electronics, and co…
The UK 10-year gilt yield remained largely unchanged around 4.5%, as traders prepared for the Bank of England’s monetary policy decision later in the week.The central bank is widely expected to cut the key bank rate by 25 basis points to 3.75%, bringing it to the lowest level since 2022, as rising…
Donald Trump built his second presidency on his “America First” promises. That he would bring back manufacturing and make life affordable again.Almost a year later, the numbers, the mood, and the man are moving in opposite directions.Inflation has slowed, but prices remain stuck. Growth data looks…
Moldova’s economy expanded 5.2% year-on-year in the third quarter of 2025, the fastest pace since Q4 2021, up from 1.1% in Q2.The acceleration was driven by stronger gross fixed capital formation (+3.7%) and household consumption (+2.5%).On the external side, a 14% increase in total exports of good…
Russia is considering an extension of diesel and gasoline export restrictions until February, state news agencies reported on Monday, citing anonymous sources.Russian Deputy Prime Minister Alexander Novak chaired a meeting on the fuel market on Monday attended by officials from the energy ministry…
The Euro (EUR) strengthens against the US Dollar (USD) on Monday as the Greenback remains under sustained pressure following last week’s 25 basis point (bps) interest rate cut by the Federal Reserve (Fed). At the time of writing, EUR/USD is trading around 1.1760, its highest level since October 1.
The yield on the US 10-year Treasury note edged down to 4.16% on Monday, but remained close to the September lows reached earlier in the month, as traders braced for a week packed with key, previously delayed economic data releases.Key updates include the jobs report, CPI inflation and retail sales…
Federal Reserve (Fed) Bank of New York President John Williams said that he projects the jobless rate will come back down over the next few years at an event hosted by the New Jersey Bankers Association. Audience questions expected on Monday.
GBP/USD advances during the North American session up 0.28% amid a scarce economic docket but following the Federal Reserve’s last week’s monetary policy decision, in which the central bank hinted a possible pause loom.
By Michel Rose The French government is seeking to delay a European Union vote to approve an EU trade deal with the Mercosur group of Latin American countries following concerns about its impact on farmers and protests in France.The deal with Argentina, Brazil, Paraguay and Uruguay, which was si…
As investors stare down the start of 2026, one thing is clear: the playbook that worked over the last decade won’t cut it in the next.Between stubborn inflation fears, a ballooning US national debt and relentless innovation in digital finance, the lines between Wall Street, Washington and Web3 are…
Germany’s wholesale prices rose by 1.5% year on year in November 2025, accelerating from a 1.1% increase in the previous month and marking the highest reading since February.The upturn was mainly driven by higher prices for food, beverages, and tobacco, which increased by 3.2%, particularly for cof…
Romania’s current account deficit widened to EUR 3,186 million in October 2025 from EUR 3,128 million in the corresponding month of the previous year.This marked the largest deficit since records began in January 1997, as the services account surplus narrowed to EUR 934 million from EUR 1,020 milli…
Italy’s 10-year BTP yield traded around 3.52% during the final full trading week of the year, slightly lower than nine-month highs touched early in the month, as investors braced for the ECB’s monetary policy decision later in the week.The ECB is widely expected to keep interest rates unchanged for…
Donald Trump built his second presidency on his “America First” promises. That he would bring back manufacturing and make life affordable again.Almost a year later, the numbers, the mood, and the man are moving in opposite directions.Inflation has slowed, but prices remain stuck. Growth data looks…
Switzerland’s producer and import prices fell by 1.6% year-on-year in November 2025, easing slightly from a 1.7% decline in the previous month.The latest figure marked the mildest pace of producer deflation since July, primarily driven by softer decreases in both producer prices (-1.2% vs -1.3% in…
The Indian rupee slid past 90.6 per dollar, continuing to set fresh record lows, pressured by the absence of a trade deal with the US amid prolonged negotiations and persistent foreign outflows from local equities and bonds.The currency has fallen 5.5% this year, making it Asia’s worst performer, h…
The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time.Governor Anna Breman said this outlook assumes economic conditions evolve as expected.She added that the forw…
Hong Kong equities fell 228 points, or 0.9%, to 25,746 in early trade on Monday, reversing gains from the prior session as broad-based losses swept across most sectors.Sentiment weakened after fresh data signaled a loss of momentum in China’s economy, with November industrial output rising the leas…
India’s trade deficit narrowed to USD 24.53 billion in November 2025 from USD 31.92 billion in the same month last year, according to preliminary estimates.This marked the smallest trade gap in five months, driven by stronger exports and a decline in imports.Exports surged 19.37% year-on-year to a…
European stocks opened the final full trading week of the year on a positive note, with both the STOXX 50 and the STOXX 600 up 0.3%, rebounding after Friday’s tech-led sell-off.Investors are bracing for a busy week of central bank meetings.The ECB is widely expected to keep borrowing costs unchange…
The offshore yuan appreciated to around 7.05 per dollar, hitting its highest level since late September last year despite a raft of disappointing economic data.November figures showed momentum cooling, with retail sales growth slowing sharply and falling well short of forecasts, underscoring persis…
Indonesia’s IDX Composite edged up 17 points or 0.2% to 8,680 in early trade on Monday, swinging from the prior session’s weakness amid gains in consumer durables, healthcare, and commercial services.A sharp rise in U.S. futures lifted sentiment after a subdued close on Wall Street Friday, as inves…
European equity markets were set to open higher on Monday as investors prepared for a busy week of central bank decisions across the region.The Bank of England is widely expected to deliver another 25 basis point rate cut, while the European Central Bank, Sweden’s Riksbank, and Norway’s Norges Bank…
The dollar index held around 98.4 on Monday after declining for three straight weeks as investors prepared for key US data releases this week that were delayed by the government shutdown.November nonfarm payrolls are scheduled for release on Tuesday, alongside October retail sales, followed by the…
Turkey’s central government budget posted a TRY 169.5 billion surplus in November 2025, reversing a TRY 16.6 billion deficit recorded in the same month a year earlier.Total budget expenditures increased 30.7% year-on-year to TRY 1.25 trillion, driven by a sharp rise in non-interest spending, which…
By Fergal SmithCanadian home sales fell 0.6% in November from October and prices declined, data from the Canadian Real Estate Association showed on Monday.The decline left sales well above their April levels but mostly unchanged since July, CREA said.KEY DETAILS
Industrial production in Romania rose by 0.2% year-on-year in October 2025, the same pace as in the previous month.Output in electricity, gas, steam and air conditioning supply accelerated (6% vs 0.1% in September), mainly in capital goods, consumer durables, and energy.On the other hand, mining an…
Swiss economic growth will slow in 2026, the KOF Institute at ETH in Zurich forecast on Monday, as the positive impact of the agreement to reduce U.S. tariffs is offset by a deterioration in the international outlook.For 2025, KOF expects the Swiss economy to grow by 1.4%, when the effect of sporti…
Latvia recorded a current account deficit of EUR 23 million in October 2025, narrowing from EUR 77 million in the corresponding month of the previous year.This marked the smallest deficit since February last year, driven by primary income, which posted a surplus of EUR 97 million, shifting from a s…
The NZX 50 fell 54 points, or 0.4%, to 13,353 in early trade on Monday, snapping two consecutive sessions of gains as weak cues from Wall Street Friday weighed on sentiment amid broad rotation out of U.S. tech stocks into value names.Meanwhile, local data showed New Zealand’s services activity drop…
New Zealand’s BusinessNZ Performance of Services Index (PSI) declined to 46.9 in November 2025 from 48.4 in October, sinking deeper into contraction and marking its weakest reading in six months.The index remained well below its long-term average of 52.8.All five sub-indices were in contraction, wi…
Annual inflation in Poland slowed to 2.5% in November 2025, the lowest level since May 2024, slowing from 2.8% in the previous month and below preliminary estimates.On a monthly basis, consumer prices remained steady at 0.1%, unchanged from October.
Norges Bank could cut its key rate twice next year, but will remain on hold in its last meeting of this year, SEB says. Norges Bank delivered a second rate cut of this cycle in September and signaled an extended pause to evaluate the impact, as well as judging the need for further policy easing on…
Lithuania’s current account surplus widened to EUR 527.71 million in October 2025 from EUR 205.10 million in the same month a year earlier, marking the largest surplus since September 2024.The services surplus increased to EUR 956.65 million from EUR 913.83 million.In addition, the primary income b…
Global markets opened the week digesting a mix of corporate, macroeconomic, and asset-class developments, from early steps toward a potential SpaceX initial public offering to renewed signs of weakness in China’s economy, cautious trading in Asian equities, and tentative stabilisation in cryptocurr…
Germany’s 10-year Bund yield held around 2.84% during the final full trading week of the year, hovering near nine-month highs as investors braced for the ECB’s monetary policy decision later in the week.The ECB is widely expected to keep interest rates unchanged for a fourth consecutive meeting, an…
Eurozone industrial production rose 0.8% month-on-month in October 2025, the highest increase since May 2025, up from 0.2% in the previous month and in line with market expectations.On an annual basis, industrial output grew 2.0% in October, marking a five-month high, following 1.2% growth in Septe…
Construction output in Greece rose by 3.3% year-on-year in the third quarter of 2025, following a downwardly revised 5.6% increase in the previous quarter.This marked the second consecutive quarter of growth in construction activity, supported by a faster rise in the output of residential and non-r…
The Czech Republic current account surplus widened to CZK 16.83 billion in October 2025 from CZK 11.73 billion recorded in the same month of the previous year.This improvement was driven in a larger goods account surplus, which expanded to CZK 42.58 billion from CZK 31.35 billion in October 2024.In…
U.S. Treasury yields fall in midday European trade. Investors await U.S. jobs and inflation data as they continue to expect further interest-rate cuts by the Federal Reserve. Delayed nonfarm payrolls data on Tuesday for October and November will be closely scrutinized for confirmation of a weak lab…
Bulgaria’s annual inflation rate slowed to 5.2% in November 2025 from 5.3% in the previous month.This marked the lowest reading since June, mainly driven by softer price increases for food and non-alcoholic beverages (5% vs 6.4% in October), alcoholic beverages and tobacco (7.2% vs 7.8%), communica…
India rejected on Monday U.S. accusations that it is "dumping" rice in the United States, saying its rice exports are primarily premium-grade basmati which typically commands higher prices than non-basmati varieties. U.S. President Donald Trump said last week that more tariffs could be imposed…
The annual inflation rate in Croatia rose to 3.8% in November 2025 from 3.6% in the previous month, confirming preliminary estimates.Upward pressure mainly came from higher inflation in housing and utilities, which increased to 8.8% from 8.4% in October.Inflation also picked up for alcoholic bevera…
Consumer prices in Finland fell 0.1% year-on-year in November 2025, easing slightly from a 0.2% drop in the previous month.This marked the second consecutive month of decline in consumer prices, albeit at a softer pace, driven by a slower fall in prices for housing and utilities (-2.4% vs -3.0% in…
By Anthony O. GoriainoffAsking prices for U.K. homes fell by 1.8% on the month in December, dragged by uncertainty about government tax plans, property website Rightmove said.The decline to 358,128 pounds, equivalent to around $479,425, leaves asking prices at the year-end down 0.6% from December 2…
New Zealand’s seasonally adjusted BusinessNZ Performance of Composite Index fell to 48.8 in November 2025 from a downwardly revised 50.0 in the prior month, marking its lowest level since August and signaling a return to contraction.The services sector weakened further, reflecting a challenging eco…
The Israeli New Sheqel touched 3.18 against the USD, the highest since April 2022.Over the past 4 weeks, US Dollar Israeli New Sheqel lost 0.5%, and in the last 12 months, it decreased 10.89%.
Belgium recorded a trade surplus of EUR 3,348.4 million in October 2025, narrowing slightly from EUR 3,380.1 million in the same month a year earlier.Year-on-year, imports fell by 8.8% to EUR 40,126.2 million, reflecting weaker purchases from both non-EU countries (-15.9%), and EU countries (-4.3…
Gold prices climbed to around $4,320 per ounce on Monday, approaching an all-time high, as investors awaited a series of key US economic releases this week for further clues on the Federal Reserve’s interest rate trajectory.Market focus is primarily on the jobs report due on Tuesday and the inflati…
The number of building permits issued in Serbia fell 2.9% year-on-year to 3,511 in October 2025, following a 3.1% increase in the previous month.Of these, 86.8% were for buildings and 13.2% for civil engineering constructions.For buildings, 85.5% of permits were for residential and 14.5% for non-re…
Moldova posted a trade deficit of USD 586.3 million in October 2025, widening sharply from USD 461.1 million in the corresponding month last year, as imports rose more than exports.Imports rose by 25.7% year-on-year to USD 995.5 million, driven by increased purchases from EU countries (39.2%), whil…
German wholesale prices rose by 1.5% in November compared with the same month last year, according to data released by the federal statistics office on Monday.The office offers more detailed economic data on its website.
RNS Number : 5506L Financial Conduct Authority 15 December 2025 FCA sets out plans to help build mortgage market of the futureFirst-time buyers and the self-employed could get a step-up onto the housing ladder, under new plans from the FCA.Its priorities for reforms to the mortgage market also…
Oslo, Norway - 15 December 2025Fjord Defence Group ASA (the "Company"), through its subsidiary Fjord DefenceAS, has completed and received approval for a new lightweight tripod withweaponmount in a development project with the U.S. Department of War (DoW), Officeofthe Assistant Secretary of Defense…
Colombia Retail Sales (YoY) below forecasts (12%) in October: Actual (10%)
United States NAHB Housing Market Index above forecasts (38) in December: Actual (39)
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that the rate cuts have ‘taken out some insurance’ against job market risks and that the current Fed policy, ‘somewhat restrictive,’ should moderate inflation at the Delaware State Chamber of Commerce, in Wilmington, on Friday.