Economics

ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook
Economy

ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook

Policymakers are assessing whether the energy shock will create persistent price pressures 

Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike
Asia

Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike

Tokyo said it was prepared to take decisive action against excessive currency movements

U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease
Economy

U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease

The surprise slowdown offers relief to households while renewed energy risks cloud the outlook

Manchester United stadium regeneration could add $9.8 billion annually, create 92,000 jobs
Banking & Finance

Manchester United stadium regeneration could add $9.8 billion annually, create 92,000 jobs

The wider Old Trafford plan could deliver more than 17,000 homes and attract an additional 1.8 million visitors annually

Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion
Economy

Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion

An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplus 

Bank of Korea raises rate to 2.75 percent in first hike since 2023 as inflation hits 3.2 percent
Asia

Bank of Korea raises rate to 2.75 percent in first hike since 2023 as inflation hits 3.2 percent

The central bank signaled that further increases may follow as inflation and household debt risks persist 

India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines
Asia

India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines

The agreement expands goods, services and professional mobility across both markets.

World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy
Asia

World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy

The economy remains resilient despite global energy and external risks

Eurozone inflation drops to 2.8 percent in June as energy, services pressures ease
Economy

Eurozone inflation drops to 2.8 percent in June as energy, services pressures ease

Fresh Eurostat data suggests price pressures in the euro area are becoming less intense 

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher
Economy

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

Rising energy prices linked to Middle East tensions push inflation above Fed target levels

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes
Economy

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes

Policymakers remain focused on inflation while supporting economic growth 

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow
Banking & Finance

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow

A new report highlights the rising economic burden of extreme weather across the EU 

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty
Economy

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty

The central bank warned that geopolitical tensions are clouding the inflation outlook 

Eurozone’s inflation rises to 3.2 percent in May as services keep price pressures elevated
Economy

Eurozone’s inflation rises to 3.2 percent in May as services keep price pressures elevated

Eurostat data showed inflation accelerated across both the euro area and the European Union

France to invest $760 million in AI expansion, sovereign government tools under France 2030 plan

France to invest $760 million in AI expansion, sovereign government tools under France 2030 plan

New initiatives include a secure AI assistant for public servants and national data platforms

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent
Economy

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent

Mixed signals from inflation and GDP leave policymakers balancing stability and weak momentum 

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade
Economy

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade

The member states' share of global trade has more than doubled since inception

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction
Economy

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Private sector activity contracts at fastest pace in 18 months

U.S. Treasury yields return to 5 percent for the first time since 2007
Banking & Finance

U.S. Treasury yields return to 5 percent for the first time since 2007

Investors sell off government debt as Middle East conflict fuels inflation concerns

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks
Economy

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

Baseline forecasts 0.9 percent 2026 expansion rates steady amid oil shock divergence

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs
Banking & Finance

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs

Public debt $31.27 trillion exceeds annual GDP record borrowing inaction

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds
Economy

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks
Economy

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

MPC 8-1 vote warns of rising U.K. inflation risks from oil shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent 
Economy

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent 

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fearsÂ