Economics
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Australia Building Permits Fall More Than Expected
Australia’s seasonally adjusted dwelling approvals fell 1.1% month-on-month to a four-month low of 17,019 units in May 2026, following a…
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Looking Ahead to Q3 – is Japan building up to a fiscal crisis?
The second quarter is ending on a high note. Stocks are higher across Europe, the oil price is falling, and…
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Economic calendar: Markets await US JOLTS, Consumer Sentiments and Nike earnings
Morning releases showed stronger activity in China and a mixed data picture from Europe. The focus was mainly on UK…
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UK GDP growth lower than expected, German retail sales higher than expected
The UK’s economy grew by 0.9% year-over-year in the latest reading, missing both the previous figure and market expectations of…
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China Factory Activity Beats Estimates
China’s official NBS Manufacturing PMI increased to 50.3 in June 2026 from 50.0 in the previous month, surpassing market expectations…
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Inflation Risks Persist: RBA June Minutes
The Reserve Bank of Australia’s June 15–16 meeting minutes underscored persistent concern that inflation remains well above the target of…
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PBoC Maintains 7-Day Reverse Repo Rate, Adds Liquidity
The People’s Bank of China (PBoC) injected CNY 69.5 billion through seven-day reverse repos on Tuesday, while keeping the interest…
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Spanish Retail Sales Growth Accelerates While Inflation Holds
Spain Retail Sales Growth Accelerates in May Retail sales in Spain rose 1.3% year-on-year in May 2026, following a 0.6%…
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Turkey Economic Confidence Rises to 4-Month High
The Economic Confidence Index in Turkey rose to 98.9 in June 2026 from 97.2 in the previous month, reaching its…
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ECB’s Kazāks: The possibility of negative scenarios has fallen massively
European Central Bank (ECB) Governing Council member Mārtiņš Kazāks said during the European trading session on Monday that the possibility…
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