U.S. Treasury chief’s ‘whatever it takes’ vow to help yen masks limited firepower
Treasury Secretary Scott Bessent’s suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called…
Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending | Consumer spending
Consumer confidence hit its highest level in almost two years in July, according to research that indicated the…
RBA holds rates steady as the housing market softens. But another hike is still possible
The Reserve Bank of Australia has left the cash rate unchanged at 4.35% as it assesses whether the…
Australian central bank warns it may need to raise rates
Australia’s central bank held its cash rate steady at 4.35% as expected overnight, saying the economy was slowing…
Rates Spark: Tricky relative value amid geopolitics | articles
One of the main drivers of rates market direction remains US economic data and its implications for Fed…
British Pound consolidates near 1.3500 vs USD ahead US CPI, UK GDP
The GBP/USD pair seesaws between tepid gains and minor losses through the early European session on Tuesday, though…
Indonesian Rupiah stays under pressure as Retail Sales YoY decline in June
USD/IDR gains ground after two days of losses, trading around 17,850 during the Asian hours on Tuesday. The…
Australia’s falling house prices have a silver lining for mortgage holders. Here’s why | Housing
It is the silver lining that’s not making headlines: falling home prices mean another Reserve Bank rate hike…
Foreigners’ credit card spending surges nearly 10-fold in June from 2023 level: report
A foreign tourist takes a selfie in front of the Gyeongbok Palace in Seoul, Sunday. Yonhap Credit card…
Calls For Fast-Tracked Investment To Unlock Economic Growth In Shannon
Three of Ireland’s largest business organisations have issued a joint call for enhanced and fast-tracked investment in the…
Forbes Daily: The Economics Behind Rising Concert Ticket Prices
Google’s frontier AI lab had a major leadership shakeup last week. But the fault lines were visible well…
China Ramping Up US Soybean Purchases
Bloomberg’s Erin Ailworth reported that “US soybean buys by China have picked up following a summit between Trump…