UK retail sales unexpectedly rose by 0.3% in September
British retail sales unexpectedly rose by 0.3% in September, figures from the Office for National Statistics showed on Friday. A…
China cenbank chief flags more interest rate cuts
China’s central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25…
China’s Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus
China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output…
Solid US spending points to cautious cuts
US retail sales weather the storm US retail sales rose 0.4% month-on-month in September versus the 0.3% MoM consensus while…
US single-family homebuilding rises to five-month high
U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess…
At BRICS summit, Russia to push to end dollar dominance
Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to…
Central bankers left holding the baby
The only game in town It seems to me that the global economy is mainly driven by politics these days.…
Some ECB governors wanted to drop pledge to keep policy tight, sources say
Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight…
Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact
Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of…
Thailand sees more than 3% growth in 2025, plans more stimulus
Thailand’s economy could grow by 3% this year and by more than that in 2025, driven by the government’s stimulus…