European Central Bank (ECB) President Christine Lagarde said on Wednesday that inflation has been rising predominantly but not exclusively as a result of energy prices. Lagarde added that she’s not seeing any second round effects yet. Key quotes Inflation has been rising predominantly but not exclusively as a result of energy prices. We’re not seeing […]
Singapore’s economy grew by 5.4% year-on-year in the third quarter of 2026, exceeding forecasts for a 5% expansion but slowing from an upwardly revised 6.2% growth in Q2, advance estimates showed. The slowdown marked the weakest annual growth since Q3 2025, driven by a moderation in goods-producing industries (7.3% vs 10.9% in Q2), as manufacturing […]
China’s annual inflation rate edged up to 0.9% in September 2026 from 0.8% in August, slightly below market expectations of 1%. It marked the highest reading since June, with non-food inflation accelerating (1.5% vs 1.2% in August), driven by a sharper rise in transport costs (4.3% vs 2.5%) amid higher gasoline prices and stronger travel […]
China’s annual producer price inflation accelerated to 5.0% in September 2026 from 3.8% in August, exceeding expectations of a 4.5% increase. This marked the strongest reading since June 2022, as higher fuel prices drove up business costs. Prices of production materials accelerated to 6.5% from 5.0%, driven by faster increases in mining (25.4% vs 17.8%), […]
The US 10-year Treasury yield fell 5bps to 5.19% on Tuesday, retreating slightly from the 24-year highs touched earlier this month, as traders returned from a long weekend amid rising safe-haven demand and falling oil prices. Weakness in the tech sector, particularly semiconductor and chip stocks, amid renewed concerns over the AI trade, spread globally, […]
France’s 10-year OAT yield fell to 4.85%, tracking US Treasury yields lower following a US market holiday. Oil prices also ended a three-session rally as Russia eased diesel export restrictions, tempering supply concerns. Despite the decline, French borrowing costs remain near their highest levels in more than two decades, amid concerns over record public debt […]
The UK 10-year gilt yield eased to 5.4%, tracking US Treasury yields lower following a US market holiday, while oil prices ended a three-session rally. Investors also welcomed the IMF’s upward revision to its UK growth forecast, with GDP now expected to expand by 1.3% this year, up from the 1.0% projected in July. Attention […]
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discussion on Tuesday that United States (US) President Donald Trump is a threat to central bank’s independence. However, Waller has assured that Trump is not succeeding in the same. Comments AI could contribute to widening GDP per capita. Trump is a […]
The IMF raised its 2026 global growth forecast by 0.1 percentage points to 3.1%, with growth projected to rebound to 3.4% in 2027, according to its October 2026 World Economic Outlook. Resilient advanced economies and increased AI investment underpin the upgrade, although growth is expected to slow from 3.5% in 2025 as high energy prices […]
The yield on India’s 10-year G-Sec hovered around 7.37%, easing from three-year highs as investors stepped in to seek value after a sharp selloff, with heavy purchases by local lenders, particularly state-run banks, helping support prices. However, gains remained limited ahead of INR 312 billion in state debt sales and the RBI’s INR 250 billion […]