US tops China as Germany’s biggest trading partner
The United States overtook China as Germany’s biggest trading partner in the first half of 2024, according to preliminary German…
UK jobs market stays in slow gear, recruiters say
Britain’s jobs market showed further signs of cooling last month and employers increased pay more slowly, according to a survey…
Don’t be surprised when unstable trades blow up
One of the ironies of the burst of volatility that just blindsided financial markets is its inevitability. Trades that are…
India’s central bank holds rates again despite global market volatility
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, retaining its focus…
US weekly jobless claims drop calms market fears
The number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the labor…
J.P.Morgan raises odds of US recession by year end to 35%
J.P.Morgan has raised the odds of a U.S. recession by the end of this year to 35% from 25% probability…
China exporters loath to convert dollars even as yuan jumps
Chinese exporters want to hold onto their dollars rather than convert them into yuan, despite the currency’s sudden sharp gains…
Taiwan’s exports face increasing concentration risk as growth slows in July
Taiwan’s exports slowed to 3.1% year-on-year in July, down from the torrid 23.5% YoY pace in June. This pullback was…
Global trade conditions continue to deteriorate in July
The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate…
What about sanctions? French imports of Russia’s LNG surge
French imports of Russia’s liquified natural gas (LNG) surge – and Ukraine supporters seek a stop to it. Shipments of…