News/Event
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…
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…
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…
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…
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…
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…
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…
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 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…
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…
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…
Bittensor (TAO) edges higher by over 2% at press time on Monday, recovering from a 5% loss on Sunday. Bittensor’s recovery is underpinned by its halving event scheduled for Monday, which would reduce daily supply emissions by 50% to 3,600 TAO tokens.
The USD/CAD pair trades vulnerably near its almost three-month low around 1.3750 during the late Asian trading session on Monday.
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…
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%.
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…
Silver (XAG/USD) attracts fresh buyers at the start of a new week and reverses a part of Friday's retracement slide from the all-time peak, around the $64.65 region.
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…
The NZD/USD pair loses ground to around 0.5780 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar following the downbeat Chinese economic data.
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…
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
China Industrial Production (YoY) below expectations (5%) in November: Actual (4.8%)
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0656 compared to Friday's fix of 7.0638.
Japanese firms cited easing uncertainty around US trade policy and resilient demand in high-tech sectors as key factors supporting business sentiment, according to comments from a senior Bank of Japan (BoJ) official on the Tankan survey.
Ukraine’s President Volodymyr Zelenskiy offered to drop its long-held ambition of joining NATO as he held five hours of talks with US envoys in Berlin on Sunday to end the war with Russia, with talks expected to resume Monday, Reuters reported on Sunday.
Japan Tankan Non - Manufacturing Outlook in line with expectations (28) in 4Q
Japan Tankan Large Manufacturing Outlook above expectations (13) in 4Q: Actual (15)
Japan Tankan Non - Manufacturing Index below forecasts (35) in 4Q: Actual (34)
Japan Tankan Large All Industry Capex above expectations (12%) in 4Q: Actual (12.6%)
Japan Tankan Large Manufacturing Index meets forecasts (15) in 4Q
The USD/JPY pair trades on a negative note near 155.75 during the early Asian session on Monday. The US Dollar (USD) softens against the Japanese Yen (JPY) amid the prospect of interest rate cuts by the US Federal Reserve (Fed) next year.
Silver has dramatically outperformed gold this year, with prices surging by nearly 100% as of early December.The rally has been marked by sharp swings, driven by shifting economic signals and evolving trade tariff policies, and with high uncertainty persisting, ING Group anticipates further market…
The FX:EURUSD exchange rate held steady in the past few months, a trend that may continue in the coming months as top analysts predict a return to US dollar slide amid a divergence between the Federal Reserve and the European Central (ECB). It was trading at 1.1740, much higher than last month’s lo…
Economists expect GDP to benefit from numerous tailwinds, including lower interest rates, AI spending, and hefty tax refunds. By Megan LeonhardtThe U.S. economy is expected to grow by 1.8% this year, notwithstanding policy shifts that have flummoxed economists and business leaders. Next year could…
Digital currencies are experiencing significant bearishness, with faded liquidity preventing upsides and accelerating every dip.Cryptocurrencies remained unmistakably cautious the past week, with major headlines failing to spark rallies, at least as analysts and traders expected.The rate cut that f…
The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anti…
By Sinéad Carew and Johann M Cherian The S&P 500 and the Nasdaq closed down more than 1% on Friday with investors leaving technology for other sectors as Broadcom and Oracle fueled concerns about an AI bubble and rising U.S. Treasury yields added pressure after some policymakers spoke out agains…
By Gertrude Chavez-Dreyfuss The U.S. dollar rose against major currencies on Friday after falling in recent sessions, but was still on track for its third straight weekly drop amid the prospect of interest rate cuts by the Federal Reserve next year. Sterling also eased after data showed t…
European Union countries are set to vote early next week to determine whether the bloc should sign a contentious trade agreement with South American bloc Mercosur by the end of the year, Denmark, which holds the rotating presidency of the EU, said on Friday.The EU and the bloc of Argentina, Brazil…
The US seizure of a Venezuelan oil tanker this week could worsen Cuba’s already shaky energy situation. The Communist-run island is beset by persistent fuel shortages, causing rolling blackouts that linger for hours every day.Cuba mostly depends on Venezuelan crude and refined merchandise to sustai…
The US Office of the Comptroller of the Currency (OCC) announced on Friday that it has conditionally approved national bank trust charters for several digital asset firms.
Eurozone CFTC EUR NC Net Positions up to €990K from previous €91.8K
United States CFTC S&P 500 NC Net Positions fell from previous $-163.9K to $-1474K
Australia CFTC AUD NC Net Positions fell from previous $-71.6K to $-759K
United States CFTC Oil NC Net Positions up to 692K from previous 74.9K
Japan CFTC JPY NC Net Positions up to ¥312K from previous ¥51.3K
United States CFTC Gold NC Net Positions: $2103K vs $202.3K
United Kingdom CFTC GBP NC Net Positions dipped from previous £-55K to £-793K
European stocks fell on Friday, with the Stoxx 50 and Stoxx 600 both down 0.5%, following a tech-driven selloff on Wall Street.Dutch semiconductor giant ASML lost 1.8%, while ASMI slid 4.9% and BESI dropped 3.5% amid sector weakness.French private equity Wendel was a standout, rising 5% after annou…
The FTSE 100 fell on Friday, pressured by a tech-driven selloff in New York and weak UK economic data.ONS data showed the UK economy unexpectedly contracted in the three months to October.British American Tobacco dropped over 3%, while miners Anglo American, Glencore, Rio Tinto and Antofagasta fell…
(MaceNews) – Two Federal Reserve Bank presidents who had opposed the Fed’s mid-week interest rate cut, strongly defended their no votes on Friday while two other Fed presidents who will be voting on monetary policy next year gave conflicting indications on whether they will support moving rates low…
Russia’s GDP grew 0.6% YoY in Q3 2025, the weakest pace since 2023, slowing from 1.1% in Q2, in line with preliminary estimates.The slowdown reflects the Kremlin’s focus on military spending amid the Ukraine war, rather than investments to stimulate the economy, combined with low oil prices, weaker…
By Amanda Cooper and Stefano Rebaudo German government bond yields rose on Friday after hitting their highest level since March earlier this week, underscoring how investors have begun pricing in euro zone rate hikes, in sharp contrast to the United States, where rates appear set to fall.Meanwhi…
The South Korean Won touched 1480.00 against the USD, the lowest since April 2025.Over the past 4 weeks, US Dollar South Korean Won gained 0.6%, and in the last 12 months, it increased 3.06%.
By Joice Alves and Gertrude Chavez-Dreyfuss The U.S. dollar drifted higher against major currencies on Friday after falling in recent sessions, but was still set for its third straight weekly drop amid the prospect of interest rate cuts by the Federal Reserve next year. Sterling also ease…
By Michael S. DerbyFederal Reserve Bank of Cleveland President Beth Hammack said Friday that given her own take on the economy she would prefer monetary policy to be tighter than it is currently.The Fed’s rate cut this week along with past easings this year has interest rate policy “right around a…
Next week’s agenda features a delayed US labour market report, including non-farm payrolls for October and November and the November jobless rate.Investors will also watch October retail sales, November inflation data, and the S&P Global PMIs for December.Central bank activity remains in focus with…
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors. The 30-stock index gained 114 points, or 0.2%, while the S&P 500 slipped 0.1% and the Nasdaq Composite declined 0.3%.Broadcom fell 6% despi…
The yield on the US 10Y Treasury note rose toward 4.2%, its highest level since early September, as investors assessed a wave of commentary from Federal Reserve officials and reconsidered the policy outlook for 2026.The remarks came on the heels of the Fed’s decision this week to deliver a third st…
The dollar index hovered near two-month lows around 98.3, booking a third consecutive weekly decline, as investors digested Federal Reserve comments and reassessed the 2026 rate outlook.The Fed cut rates by 25bps to 3.50%–3.75% this week, marking its third consecutive reduction, while maintaining e…
By Jeffry BartashThe Fed could have waited for delayed economic reports on inflation and employment, Goolsbee saysTop officials at the Federal Reserve are not in agreement about how to help the economy.Two top Federal Reserve officials who voted against cutting U.S. interest rates this week said in…
By Robb M. StewartOTTAWA--Canadian wholesale trade increased modestly in October, building on recent strength for the sector thanks to a rise in sales of vehicles and parts.Wholesale sales ticked up 0.1% from the month before to a seasonally adjusted 86.03 billion Canadian dollars, the equivalent o…
Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand.Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever.Oil prices were largely flat after spending most of the day in the red on concerns over a sup…
Federal Reserve Bank of Cleveland President Beth Hammack said Friday that given her own take on the economy she would prefer monetary policy to be tighter than it is currently.The Fed’s rate cut this week along with past easings this year has interest rate policy “right around a neutral” level, Ham…
Better-than-expected Canadian trade data points to materially stronger GDP growth in 3Q than previously estimated, says Derek Holt, economist at Bank of Nova Scotia. Statistics Canada previously estimated 2.6% annualized growth in July-to-September period. Holt says delayed trade figures covering S…
By Robb M. StewartOTTAWA--Canadian wholesale trade increased modestly in October, building on recent strength for the sector thanks to a rise in sales of vehicles and parts.Wholesale sales ticked up 0.1% from the month before to a seasonally adjusted 86.03 billion Canadian dollars, the equivalent o…
Germany’s current account surplus narrowed slightly to €14.80 billion in October 2025, compared with a revised €15.21 billion a year earlier.The primary income surplus declined to €13.23 billion from €14.78 billion, while the secondary income deficit widened to €6.26 billion from €5.97 billion.In c…
By Robb M. StewartOTTAWA--Canadian building permits unexpectedly jumped in October, boosted by residential construction plans in Ontario.The total value of building permits increased 14.9% from the month before to a seasonally adjusted 13.82 billion Canadian dollars, the equivalent of $10.03 billio…
By Robb M. StewartOTTAWA--Canadian building permits unexpectedly jumped in October, boosted by residential construction plans in Ontario.The total value of building permits increased 14.9% from the month before to a seasonally adjusted 13.82 billion Canadian dollars, the equivalent of $10.03 billio…
Canadian industrial capacity utilization rose to 78.5% in Q3 2025 from a downwardly revised 77.6% in the previous period, below market forecasts of 79.3%.Capacity utilization in the construction sector rose 1.3 percentage points to 80.2% in the third quarter, marking the first quarterly gain follow…
Canada’s wholesale trade rose 0.1% month-on-month to C$86.0 billion in October 2025, beating expectations of a 0.1% drop.Sales increased in four of seven subsectors, covering roughly half of total wholesale activity.Motor vehicles and parts advanced 2.3% to C$14.7 billion, while farm product wholes…
The Ibovespa gained about 0.5% to trade near 160,000 on Friday, as investors assessed the latest decisions from Copom and the Fed.Copom’s cautious tone and helped ease the political volatility that had recently pushed futures rates higher, with the committee keeping the Selic at 15%.Abroad, investo…
Futures tracking the S&P/TSX Composite Index edged higher on Friday, putting the benchmark on course for a weekly gain as investors assessed a wave of central bank decisions.The BoC held rates steady earlier this week, while the US Fed delivered a 25-basis-point cut, lifting overall risk appetite.M…
By Joice Alves The pound edged lower on Friday after data showed the UK economy unexpectedly shrank in the three months to October. Economic activity fell by 0.1% in the August-October period, and also by that amount in October alone, according to data from the Office for National Statistics. A…
Russia’s trade surplus widened to $11.143 billion in October 2025 from $9.085 billion a year earlier, driven by a sharper drop in imports than exports.Imports fell 11.8% YoY to $25 billion, as weaker domestic demand from Russian consumers and businesses reduced purchases of foreign goods, even with…
By Michael S. DerbyFederal Reserve Bank of Philadelphia President Anna Paulson said Friday her main concern right now is the state of the job market, in remarks that also said the current state of monetary policy should help bring down inflation to the Fed’s 2% target.“On net, I am still a little m…
EUR/USD holds firm at around 1.1741 on Friday virtually unchanged, amid a parade of Federal Reserve officials crossing the wires, following last Wednesday's 25 basis points rate cut.
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle.
By Joice Alves The dollar edged higher on Friday but was still set for its third straight weekly drop, hurt by the prospect of rate cuts next year, while sterling eased after data showed the UK economy unexpectedly shrank in the three months to October.The dollar index TVC:DXY, which measures th…
Romania’s annual inflation rate held steady at 9.8% in November 2025, unchanged from the previous month and slightly above market expectations of a 9.7% rise.Prices increased for food products (7.64% vs 7.57% in October) and services (10.99% vs 10.52%), while non-food inflation eased (10.73% vs 10…
The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the federal government shutdown.Following are the latest release dates for data that was missed during the shutdown and any schedu…
By Don Nico ForbesThe U.K. economy contracted for a second straight month in October, cementing expectations that the Bank of England will lower its key interest rate next week.Economic activity slipped 0.1% on month in October, the Office for National Statistics said Friday, after a 0.1% fall in S…
The BusinessNZ Performance of Manufacturing Index (PMI) in New Zealand rose to 51.4 in November, up 0.2 points from October’s 51.2.Among the five main sub-indices, four showed expansion, with New Orders (51.9 vs. 54.5 in October), Production (52.8 vs. 52.0), Employment (52.4 vs. 48.3) and Finished…
UK construction output grew 0.9% year-on-year in October 2025, easing from 1.3% in the previous month and missing market expectations of 1.6%.Although it marked the 15th straight month of expansion, it was the slowest pace since January.Growth in new work moderated (1.9% vs 2.5% in September), whil…
By Don Nico ForbesThe U.K. economy contracted for a second straight month in October, cementing expectations that the Bank of England will lower its key interest rate next week.Economic activity dipped 0.1% on month in October, the Office for National Statistics said Friday, after a 0.1% fall in Se…
The pound dipped on Friday after data showed the UK economy unexpectedly shrank in the three months to October. Economic activity fell by 0.1% between August and October, while falling 0.1% in October alone, according to data from the Office for National Statistics. A Reuters poll had offered a for…
By Don Nico ForbesThe U.K. economy contracted for a second straight month in October, cementing expectations that the Bank of England will lower its key interest rate next week.Economic activity dipped 0.1% on month in October, the Office for National Statistics said Friday, after a 0.1% fall in Se…
Increased investment by the German government is finally starting to show up in hard data, Berenberg analysts say in a note. "German data for industrial production in October confirm that the additional public spending on defense and infrastructure is starting to lift economic activity," the analys…
The UK economy slipped back into contraction in October, heightening concerns that Chancellor of the Exchequer Rachel Reeves’ first budget has dampened momentum at a delicate moment for growth. Fresh monthly data showed broad weakness across key sectors, underscoring the challenges facing policymak…
The Indonesian rupiah strengthened to around 16,630 per dollar on Friday, swinging from a slight dip in the prior session as the dollar index hovered near two-month lows.The U.S. Fed’s third rate cut of the year, accompanied by a less hawkish outlook than markets expected, boosted demand for emergi…
The NZX 50 rose 44 points, or 0.3%, to 13,440 in early deals on Friday, extending gains from the previous session, mainly supported by communication services, healthcare, consumer discretionary, and utilities.Interest rate cuts by the Fed continued to lift sentiment, though it signaled fewer reduct…
The UK 10-year gilt yield slipped below 4.5%, easing further from the three-week high of 4.57% reached on December 10, after UK GDP data came in weaker than expected.The economy contracted by 0.1% in October, missing forecasts for 0.1% growth, reflecting a softer rebound in car manufacturing alongs…
The FTSE 100 traded 0.5% higher on Friday, lifted by strong gains in banks and miners despite weak UK macro data.Standard Chartered jumped over 2%, HSBC rose 1.8%, Barclays gained 1.4% and NatWest added more than 1%.Precious-metal miners also outperformed, with Fresnillo up about 4% and Endeavour u…
By Ece Toksabay Turkish Central Bank Governor Fatih Karahan said on Friday that short-term indicators and the medium-term outlook show that disinflation will continue after the bank lowered its policy interest rate by 150 basis points. Tight monetary policy will ensure that this disinflation…
By Don Nico ForbesThe U.K. economy contracted for a second straight month in October, cementing expectations that the Bank of England will lower its key interest rate next week.Economic activity dipped 0.1% on month in October, the Office for National Statistics said Friday, after a 0.1% fall in Se…
Central Eastern European currencies eased on Friday, still trading off multi-month highs touched in recent weeks, as investors avoided risk ahead of central bank meetings next week.The dollar steadied on Friday, but was still set for its third straight weekly drop, hurt by the prospect of rate cuts…
Sterling edges lower after data showed the U.K. economy unexpectedly contracted in October, further boosting the prospect of another interest-rate cut next week. Gross domestic product fell 0.1% month-on-month in October. Economists in a WSJ survey expected a 0.1% rise. "Rate-setters at the Bank of…
Gold traded around $4,270 per ounce on Friday, holding near a seven-week high and heading for a weekly gain, supported by expectations of further US monetary easing.Fresh signs of labor market cooling reinforced views that the Federal Reserve may deliver two rate cuts in 2026.Jobless claims for the…
The UK trade deficit widened to £4.82 billion in October 2025, up from £1.09 billion in September, marking the largest gap since February.Exports fell 0.3% month-on-month to a four-month low of £77.00 billion, while imports rose 4.5% to a seven-month high of £81.82 billion.Goods exports fell 0.8% m…
The dollar index hovered near two-month lows around 98.3 on Friday and was on track for a third consecutive weekly drop.The decline came as the Federal Reserve cut interest rates as expected and delivered a less hawkish outlook than markets anticipated.Chair Jerome Powell indicated that further rat…
Shares in Hong Kong climbed 272 points, or 1.1%, to 25,806 in early Friday trade after a slight pullback in the prior session, lifted by broad sector gains.Sentiment improved after President Xi Jinping said at the Central Economic Work Conference that 2025 is “a truly extraordinary year” and major…
The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026.Earlier this week, Governor Kazuo Ueda noted that the central bank is getting closer to its infl…
Indonesia expects to complete tariff negotiations with the United States by the end of the year, its chief negotiator said on Friday, adding that a delegation will soon fly to Washington D.C. to continue the talks. The statement came after a Thursday call between Airlangga and U.S. Trade Representa…
Indian shares opened higher on Friday, building on the previous session’s rebound after the Federal Reserve’s rate cut, while investors awaited domestic inflation data due later in the day. The Nifty 50 NSE:NIFTY rose 0.28% to 25,971.2 and the BSE Sensex BSE:SENSEX added 0.27% to 85,051.03 as…
The Indian rupee hit another all-time low at 90.6 per USD, pressured by the absence of a ?trade deal with ?the US and continuous withdrawal of foreign funds.The currency has slid over 5% this year, making it Asia’s worst performer, as steep US tariffs weighed on exports.Ongoing talks remain central…
By Howard Schneider Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living with home mortgage rates expected to remain comparatively high, tariff-related price increases on goods seen p…
Sweden’s unemployment rate climbed to 8.2% in November 2025 from 7.4% in the same month of the previous year.The total number of unemployed people increased by 52.4 thousand compared to a year earlier, reaching 470.4 thousand, comprising 217,000 women and 253,000 men, with unemployment rates of 8.0…
The UK trade deficit widened to £4.82 billion in October 2025, up from £1.09 billion in September, marking the largest gap since February.Exports fell 0.3% month-on-month to a four-month low of £77.00 billion, while imports rose 4.5% to a seven-month high of £81.82 billion.Goods exports to the EU r…
The Netherlands’ trade surplus widened to EUR 12.47 billion in October 2025 from EUR 9.36 billion in the same month a year earlier.This was the largest surplus since March, as exports rose 1.1% year-on-year to a seven-month high of EUR 69.63 billion, supported by higher sales to EU countries (+2.7…
Turkey’s current account surplus narrowed significantly to $0.46 billion in October 2025 from $2.23 billion in the corresponding month last year, slightly exceeding market expectations of a $0.4 billion surplus.The goods account shortfall increased sharply to $5.96 billion from $3.50 billion a year…
Manufacturing production in the UK rose by 0.5% month-on-month (m/m) in October 2025, rebounding from a 1.7% fall in September but missing market expectations of a 1.0% gain.The recovery was largely driven by increases in six of the thirteen manufacturing subsectors, with the largest positive contr…
Germany’s consumer price inflation held steady at 2.3% in November 2025, confirming preliminary estimates and matching October’s rate.Energy costs fell 0.1% year-on-year, with declines in electricity (-1.5%) and district heating (-0.7%) offsetting higher prices for heating oil (+2.4%) and fuel (+1…
Industrial production in the UK rose by 1.1% month-over-month in October 2025, rebounding from a 2% decline in the previous month and exceeding market expectations of a 0.7% gain.It represented the strongest monthly growth since February, as output increased across all four main sectors, particular…
Montenegro’s annual inflation rate eased to 4.2% in November 2025, down from 4.8% in the previous month.It marked the lowest reading since June, as prices moderated for food and non-alcoholic beverages (3.9% vs 6% in October), furnishing, household equipment and routine household maintenance (3.3…
Mongolia’s trade surplus widened sharply to USD 656.7 million in November 2025, up from USD 405.9 million a year earlier.Exports rose 7.9% year-on-year to USD 1,513.0 million, while imports declined 14% to USD 856.3 million.For the January–November period, the trade surplus narrowed to USD 3,531.9…
France’s annual inflation rate stood at 0.9% in November 2025, unchanged from October and in line with the preliminary estimate.There was a slowdown in service prices (+2.2% after +2.4%), notably in accommodation services (0.8%), in various services related to private vehicles (2.2%), and in vehicl…
The Hang Seng jumped 446 points, or 1.8%, to close at 25,977 on Friday, picking up from a subdued session the day before amid solid gains across sectors after two key benchmarks on Wall Street hit new records Thursday following the third rate cut this year from the Fed.Sentiment was further boosted…
In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude cargoes leaving port. That is why a single ship seizure can feel like a national budget event. This week, the US made the shipping lane the front line again, and it put a hard spotlight…
Belgium’s industrial production increased by 0.2% year-on-year to October 2025, easing from an upwardly revised 2.2% rise in the previous month.This marked the slowest industrial activity since May, as output in the manufacturing sector rose at a slower pace, increasing by 2.2% from 3.8% in Septemb…
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations. This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the comp…
The offshore yuan traded around 7.05 per dollar on Friday, hovering near its strongest level in more than a year, buoyed by renewed assurances from Chinese authorities on currency stability.At the annual Central Economic Work Conference, policymakers reaffirmed their commitment to maintaining the y…
Copper futures climbed above $5.4 per pound, reaching their strongest levels in more than four months, supported by expectations of stronger economic support in China and the latest US Federal Reserve rate cut.Beijing reaffirmed broad economic support for the year ahead during its annual economic p…
‘Tempus fugit, ’ as we cry out at closing time in my local Wetherspoons. We’re already more than a quarter of the way through December and speeding at full throttle towards year-end. Where has the time gone? The Federal Reserve has just held its last meeting of 2025 and cut interest rates by 25 bas…
South Korea’s export prices rose 7.0% year-on-year in November 2025, following a 4.8% increase in October and reversing earlier declines.The increase was largely driven by a 7.0% rise in manufactured goods prices, following a 4.8% increase the previous month.Prices for agricultural, forestry and ma…
By Inti PachecoThe U.S. government collected about $159 billion in duties paid for tariffs in fiscal year 2025, according to U.S. Customs and Border Protection data through Sept. 23.In all, the U.S. received $226 billion in customs duties, taxes and fees in fiscal year 2025, up 150% from $88 billio…
Turkish Central Bank Governor Fatih Karahan said on Friday that short-term indicators and the medium-term outlook show that disinflation will continue. Speaking at an event of the TUSIAD business association in Ankara, Karahan said tight policy will ensure a continuation of the falling trend in in…
The British pound edged slightly lower to below $1.34 after fresh data showed the UK GDP unexpectedly contracted by 0.1% in October, marking the fourth consecutive month without growth and defying expectations for a 0.1% increase.Despite the soft data, sterling remains near two-month highs and is o…
By Don Nico ForbesThe U.K. economy contracted for a second straight month in October, cementing expectations that the Bank of England will lower its key interest rate next week.Economic activity dipped 0.1% on month in October, the Office for National Statistics said Friday, after a 0.1% fall in Se…
The annual inflation rate in Portugal fell to 2.2% in November 2025, the lowest in seven months, from 2.3% in October, in line with preliminary estimates.Prices eased for housing & utilities (1.4% vs 1.8%), restaurants & hotels (5.2% vs 5.6%), miscellaneous goods & services (2.9% vs 3.3%), recreati…
The annual inflation rate in Serbia stood at 2.8% in November 2025, unchanged from the previous month.It remained the lowest reading since April 2021, as prices declined for food and non-alcoholic beverages (-0.7% vs 0.3% in October) and slowed for clothing and footwear (2.9% vs 3.2%), furnishings…
HMABU DHABI: Saeed Al Hajeri, Minister of State at the Ministry of Foreign Affairs, welcomed Peter Burke TD, the Republic of Ireland’s Minister of Enterprise, Trade, and Employment, to Abu Dhabi for the inaugural meeting of the UAE-Ireland Joint Economic Committee (JEC).This was the first meeting t…
German inflation rose to 2.6% in November, the federal statistics office said on Friday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.3% year-on-year in October.The statistics office gives more detailed monthly data…
Silver remained above $63 per ounce on Friday, hovering near all-time highs as the latest US Federal Reserve rate cut coincided with tightening physical market conditions.Earlier this week, the Fed delivered a quarter-point cut and signaled a less hawkish outlook than markets had anticipated.Chair…
Electronic card transactions in New Zealand rose 1.2% month-over-month (seasonally adjusted) to NZD 7.01 billion in November 2025.Spending increased in several categories, including consumables (0.4%), fuel (1.8%), and services were up 2.8%.On the other hand, durables (2.1%), hospitality (1.3%), ap…
European equity markets were poised to open higher on Friday as the latest US Federal Reserve rate cut and its less hawkish-than-expected outlook continued to support global risk appetite.On Thursday, global benchmarks briefly declined after a disappointing earnings update from Oracle reignited con…
Yields on U.K. government bonds are little changed following the weaker-than-expected U.K. GDP data, which revealed an unexpected 0.1% contraction during October. The data further increase the prospects of the Bank of England cutting interest rates on Dec. 18, though the pace of future rate cuts is…
Asian markets opened higher on Friday, tracking overnight gains on Wall Street, even as renewed weakness in Oracle shares added fresh pressure to the technology sector. Investors continued to navigate shifting expectations around US monetary policy, concerns over AI-driven spending cycles, and seve…
Industrial production in Hungary dropped by 2.7% year-on-year in October 2025, reversing an over one-year high of 1.3% in September, and matching preliminary estimates.Production declined sharply in the manufacturing industry, falling 2.9% from a 1.5% increase in September.Meanwhile, output rebound…
Bulgaria’s trade deficit widened significantly to BGN 2,366.5 million in October 2025 from BGN 1,740.5 million in the corresponding month last year.This marked the largest trade deficit since records began, as exports rose less than imports.Exports grew by 0.6% year-on-year to BGN 7,769.5 million…
By Andrea Shalal and Ryan Patrick Jones President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline Leavitt told reporters on Thursday."I know there was a qua…
The yield on the US 10-year Treasury note stabilized around 4.16% on Friday after facing heightened volatility earlier in the week, as investors digested the latest Federal Reserve policy decision and outlook.On Wednesday, the Fed cut interest rates as expected and delivered a less hawkish outlook…
Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and stored afloat.
The Canadian Dollar (CAD) is extending its steady outperformance, backed by supportive rate differentials and a weakening US Dollar (USD) trend.
The IEA now expects a smaller—but still hefty—Oil surplus in 2025, as softer OPEC+ output and firmer demand narrow the gap.
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.