Inflation is the biggest problem, Fed’s Goolsbee says
By Ann Saphir Aug 11 (Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee is more concerned…
Nigeria leads West Africa push to price its own fuel as Dangote refinery weakens decades-long reliance on foreign markets
The push could mark another shift in the region’s petroleum trade. West Africa has historically exported crude…
GT Voice: Canada’s diversification debunks Western narratives on China trade
Illustration: Liu Xidan/GT The latest labor force survey released by Statistics Canada has taken the market by surprise.…
Norway wealth fund manager says fund collapse not impossible
OSLO – Could Norway’s sovereign wealth fund, the largest in the world with over US$2 trillion (S$2.5 trillion)…
AI Boom Likely Stopped Recession, Top Economist David Rosenberg Says
The AI boom is soaking up investor cash, staving off a recession, and showing signs of faltering, David…
British Pound holds near 1.3500 as US CPI, UK GDP loom
The Pound Sterling (GBP) holds firm against the US Dollar (USD) on Tuesday following the release of softer-than-expected…
Spain’s housing prices hold back young people’s independence despite job market improvement
The Spanish labour market has changed substantially over the last decade. Youth unemployment has fallen sharply, temporary employment…
Japan: BoJ inflation focus and rate risks – Rabobank
Rabobank’s Senior FX Strategist Jane Foley examines Japanese inflation dynamics and Bank of Japan policy. The report notes…
US ADP Employment Change 4-week average drops to 8.25K
Private-sector hiring in the US has further cooled in late July. According to the NER Pulse, the weekly…
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…
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…
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…