Türkiye’s exports climb over 21 percent year-on-year in June
ISTANBUL Türkiye’s exports rose 21.7 percent year-on-year to $24.92 billion in June, according to official data released on…
Saudi consumer spending holds above $3bn
RIYADH: Saudi Arabia’s weekly point-of-sale spending remained above $3 billion in the week ending July 25, although transaction…
Euro area annual inflation up to 2.9% – Euro indicators
Euro area annual inflation is expected to be 2.9% in July 2026, up from 2.8% in June according…
Euro hits session lows against the British Pound following Eurozone inflation data
The Euro (EUR) edges lower against the British Pound (GBP) on Friday, hitting session lows at 0.8554 following…
Treasury yields inch lower after post-Fed spike
U.S. Treasury yields followed oil prices lower on Friday amid signs of a recovery in crude flows through the…
European Central Bank: September hike path shaped by Iran war – Nomura
Nomura strategists highlight that Euro area Gross Domestic Product (GDP) excluding Ireland has been growing around potential despite…
IMF Report: AI Could Boost Sub-Saharan Africa’s GDP by 4% if Infrastructure Barriers Are Overcome
Artificial intelligence (AI) could increase Africa’s gross domestic product (GDP) by up to 4 per cent over the…
U.S. GDP Growth Slows to 1.5% in Second Quarter, Missing Forecasts
The US economy grew at a far weaker than expected pace in the second quarter despite a pickup…
AI boomtowns worsen divide in China’s split-screen economy
In Hefei, the heart of China’s memory-chip industry, factories can barely keep up with the world’s appetite for…
Super El Niño won’t sink Africa’s ratings unless governments overspend, S&P says
A potential super El Niño is unlikely on its own to trigger sovereign credit rating downgrades across Africa…
Markets Challenge Warsh’s Approach to Taming Inflation
Early in Kevin M. Warsh’s second news conference as chairman of the Federal Reserve, he laid out how…
China: Consumption pivot points to slower growth
Rabobank’s Teeuwe Mevissen highlights that China’s Gross Domestic Product (GDP) growth undershot expectations in Q2, with persistent headwinds…