Africa’s gold giants set for windfall as bullion overtakes U.S. Treasuries in global reserves
According to a recent European Central Bank (ECB) report cited by the Financial Times, gold accounted for…
New global financial architecture needed to end trade surplus fixation: Piketty
An initiative designed to tackle inequality and climate change could benefit China by reinventing global financial and trade…
RBA not concerned about stagflation or wage-price spiral
Reserve Bank governor Michele Bullock says the war in the Middle East is creating a “highly uncertain” environment…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight is the Swiss inflation data. The CPI Y/Y is…
Swiss inflation holds steadier in May, core estimate remains subdued
CPI +0.6% vs +0.8% y/y expectedPrior +0.6%Core CPI +0.3% y/yPrior +0.3% Swiss headline annual inflation holds steady at…
Indonesia’s rupiah falls to record low against US dollar | Business and Economy
Currency plunge comes as energy shock from the Iran war casts a cloud over Southeast Asian economies. By…
US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and…
SNB Chairman Schlegel says medium-term inflation pressure is basically unchanged
Medium-term inflation pressure is basically unchangedIran war could increase pressure on the Swiss FrancThere’s an increased willingness to…
Deloitte report reveals surprise truth behind Australia’s jobs slowdown
Australians will find it harder to get a new job in 2026, but it is unlikely going to…
Is a technical recession technically a problem for Mark Carney?
Pierre Poilievre popped up before reporters who were waiting outside a cabinet meeting on Tuesday and in the…
ECB policymaker Elderson says prolonged war increases likelihood of second-round effects
Longer war increases likelihood of second-round effectsI don’t see second-round effects yetThe balance of risks has clearly deteriorated…
Australia services PMI slips to 48.7 as Middle East war hammers demand
Australia’s services PMI fell to 48.7 in May from 50.7, with new orders contracting at the fastest pace…