Economics
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Philippines Trade Deficit Widens to $5.2 Billion as Imports Hit Record High
The Philippines’ trade deficit widens to USD 5.2 billion in September 2026, compared with USD 4.7 billion a year earlier,…
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Italy Jobless Rate Steady at 16-Month High
Italy’s unemployment rate remained stable at 6.3% in September 2026, the highest since May 2025. The number of unemployed people…
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US PCE Inflation Expected to Accelerate
The US PCE price index is expected to increase 0.5% month-over-month in September 2026, which would mark the biggest gain…
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Spain’s Retail Sales Decline Further in September
Spain’s retail sales fell 1.4% year over year in September 2026, following a revised 0.5% decline in August, driven primarily…
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ECB Expected to Hold Interest Rates as Markets Anticipate December Hike
The European Central Bank is widely expected to leave interest rates unchanged at its October policy meeting, maintaining the main…
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Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight
The morning is marked by assessments of the impact of yesterday’s Fed decision and a wave of earnings reports from…
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Swedish Economy Slows as Monthly GDP Contracts 0.7% Despite Strong Business Confidence
Sweden’s economy lost momentum in September 2026, with monthly GDP contracting by 0.7% following an upwardly revised 1.2% expansion in…
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Japan Consumer Morale Lowest in 3 Months
Japan’s consumer confidence index declined to 35.0 in October 2026 from 35.4 in September, slightly below market expectations of 35.1.…
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Warsh changes the game, Fed catches its breath
Key takeaways Lisa Cook surprised observers by joining the camp advocating for a rate hike. The US dollar weakened slightly…
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Alphabet Disappoints Wall Street Despite Record Results. Shares Plunge Over 8% and Test $300
Key takeaways Alphabet posted third-quarter revenue of 127.6 billion USD, up 25% year-on-year. Net income declined by 25% to 26.2…
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