Bank of Japan cuts monthly JGB purchases for Oct-Dec
The Bank of Japan on Monday announced further reductions to its monthly Japanese government bond (JGB) purchases for the fourth…
India’s Current Account Gap Widens In April-June, Cenbank Says
India’s current account deficit widened on-year in the April-June quarter, largely due to a higher merchandise trade deficit, the central…
Japan’s industrial production plummets in August
A large drop for IP Japan’s industrial production fell more than expected in August, by -3.3% month-on-month (vs. 3.1% in…
Greece’s NBG stake sale meets strong demand
Demand for a 10% stake sale in Greece’s National Bank (NBG) NBGr.AT by the country’s bank bailout fund was oversubscribed…
UK revises down economic growth but signs of strength remain
Britain’s economy grew more slowly than previously thought in the second quarter, but there were positive signs from household finances…
Fed’s Powell poised to speak as economists fret about a policy mistake
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is…
Japan factory output falls, casting doubts about pace of economic recovery
Japan’s factory output tumbled last month driven by typhoon-led disruptions in motor vehicle production and weak U.S. sales, with the…
German inflation eases, spurring hopes for another ECB cut
German inflation fell to its lowest level since February 2021 this month, preliminary data showed on Monday, helping European Central…
SOUTH KOREA DATA: Aug US crude imports double on year to 16 mil barrels
South Korea extended its US crude buying spree in August, with imports doubling on the year to almost 16 million…
Why India’s easing of export curbs is important to global rice trade
India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average…