Economy & Global Macro

Spot gold prices edged higher on Monday, hovering near their record highs reached last week, Reuters reports. This upward momentum is attributed to a weakening US dollar and anticipation for key US inflation data due later this week.Spot gold rose 0.1% to $2,939.15 an ounce by

New stats from Gallup show that consumers believe the economy is getting worse. In February, the reading of its Economic Confidence Index was -19, the same as in January having gained for two ...

Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday.

There is no more room for Chinese demand for pork to grow in the future, Zhu Zengyong, a researcher with the Chinese Academy of Agricultural Sciences said on Monday.

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near future? They may well opt ...

Russia's overheating economy is on the cusp of serious cooling, as huge fiscal stimulus, soaring interest rates, stubbornly high inflation and Western sanctions take their toll, but after three years ...

An interest rate cut will boost Thailand's economy and help weaken the baht currency and banks should lend more to boost growth, its finance minister said on Monday.

Persistent foreign portfolio outflows may keep the Indian rupee on the defensive this week with the currency taking cues from regional peers, while government bonds will react to liquidity infusions ...

President Donald Trump has signed a memorandum directing the Committee on Foreign Investment in the United States (CFIUS) to tighten restrictions on Chinese investment in strategic sectors, Nikkei Asia reports. This move aims to protect national security interests from perceived threats posed by China.The memorandum, signed on Friday, asserts

China is intensifying its efforts to strengthen its agricultural sector and ensure food security, according to a new policy document, Reuters reports. This comes amid concerns about US tariffs, an economic slowdown, and the impacts of climate change.The State Council's annual rural policy blueprint, known as the

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. How much of the global refined nickel supply comes ...

The Trump administration has reportedly pressed Mexico to impose its own tariffs on Chinese imports as a means of mitigating the impact of threatened US tariffs, Bloomberg reports, citing sources familiar with the matter.This call was reportedly conveyed by US officials, including Commerce Secretary Wilbur Ross, at a Thursday

Sales of existing homes continued their decline in January, marking a weak start to the year after two consecutive years of sluggish performance, The Wall Street Journal reports. This decline follows a trend of depressed sales throughout 2024, attributed to persistently high home prices and mortgage rates.According to data

SHENZHEN, China (Reuters) -- China notched a record 9.02 billion domestic trips during the 40-day Lunar New Year travel rush, the state Xinhua news agency reported on Sunday, surpassing the 8.4 ...

Goldman raised its forecast to between US$3,100 and US$3,300 per ounce for 2025, citing higher demand from global central banks.

The US economy is showing signs of strain as business activity nears a standstill, Reuters reports, citing data from S&P Global and the University of Michigan. This slowdown follows a period of optimism following President Donald Trump's election victory, with the latest figures signaling a shift

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For years, the United States has enjoyed a period of economic "exceptionalism," consistently outperforming other major economies in terms of growth, job creation, and market returns. But that narrative is now being called into question, with recent market signals suggesting US exceptionalism may be facing its most significant

Both sides express ‘serious concerns’ over each other’s policies in their first call since US President Donald Trump took office.

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine.

He pointed to sticky inflation, slowing growth and the possibility of tit-for-tat tariffs as drags on the US economy.

UK consumer confidence saw a modest improvement in February, according to a recent survey by GfK, cited by The Wall Street Journal. This follows the Bank of England's decision to cut its key interest rate earlier in the month.The monthly GfK survey showed consumer confidence rising to

President Donald Trump said on Friday he expects Ukrainian President Volodymyr Zelenskiy to sign a minerals agreement with the United States soon as part of efforts to end the Ukraine war.

WASHINGTON -- U.S. Treasury Secretary Scott Bessent had an introductory call with Chinese Vice Premier He Lifeng on Friday, marking the first engagement between the two top economic officials. He, a ...

Japan's core consumer inflation surged to a 19-month high of 3.2% in January, Reuters reports, bolstering expectations that the Bank of Japan (BOJ) will continue raising interest rates. The inflation data, released on Friday, exceeded a median market forecast of 3.1% and followed December's

South Korea's exports have weakened significantly so far in February, signaling a potential downturn for the country's economy, as reported by Bloomberg. This comes as the nation faces political turmoil and uncertainty surrounding the impact of tariffs imposed by US President Donald Trump.Data released on

U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, telling Beijing to do more to curb fentanyl trafficking and rebalance its economy, while ...

Bank of Japan (BOJ) Governor Kazuo Ueda signaled Friday that the central bank stands ready to increase government bond purchases if long-term interest rates spike, Reuters reports. This comes after recent yield increases, reaching their highest levels in about 15 years.Ueda clarified that the BOJ's primary approach

India's inflation is seen aligning with the target of 4%, which opens up space for monetary policy to address concerns on the growth front, members of the rate-setting committee said in the minutes of ...

U.S. equity funds attracted inflows for the first time in three weeks in the seven days to February 19, buoyed by easing inflation concerns and strong fourth-quarter corporate earnings that boosted ...