Reserve Bank of Australia (RBA) Governor Michele Bullock said in a statement released during the Asian trading session on Tuesday that supply shocks are difficult for monetary policy to deal with. Bullock added, “Policy needs to deal with second-round effects on inflation.” Additional remarks AI boom is adding to excess demand in Australian economy. Current […]
UK 10-year gilt yields fell to 5.25%, remaining below the 19-year highs reached earlier this month, as Brent crude eased toward $100 a barrel after recent comments from US President Donald Trump left the door open to diplomacy with Iran and helped ease fears of an imminent supply shock, while stronger regional crude flows have […]
French 10-year OAT yield fell below 4.5%, retreating from last week’s 18-year highs as oil prices continued to fall amid tentative signs of easing geopolitical tensions and stronger regional supply. Meanwhile, concerns over the country’s finances intensified after Scope Ratings downgraded the country to A+ from AA-, citing rising debt, persistent deficits and limited progress […]
Estonia’s producer prices rose by 3.3% year-on-year in August 2026, easing from 3.5% in the previous month. Price growth slowed in mining and quarrying (3.4% vs 4.7% in July), while it declined in electricity, gas, steam, and air conditioning, falling sharply by 13.8% from 8.4% previously. Meanwhile, producer prices in manufacturing accelerated to 4.8% from […]
Singapore’s seasonally adjusted unemployment rate stood at 1.9% in Q2 2026, slightly below the preliminary estimate of 2.0% and the lowest since Q4 2024, amid stronger economic growth. Yet labour conditions stayed uneven. Layoffs rose to 4,620, the highest since Q4 2020, up from 3,830 in Q1, led by outward-oriented sectors including manufacturing, communications and […]
Consumer prices in Azerbaijan rose by 0.2% month-over-month in August 2026, rebounding from a 0.1% fall in the previous month. The recovery was largely driven by higher costs of food products, which increased by 0.3% after declining 0.4% in July, particularly for meat and fish goods. Non-food prices also rose (0.1% vs 0%), as higher […]
China’s 10-year government bond yield fell to around 1.67% on Monday, hitting its lowest level since July 2025, after the People’s Bank of China kept its benchmark lending rates unchanged for a 16th straight month at record lows. The one-year loan prime rate (LPR) was maintained at 3.0%, while the five-year LPR was held at […]
Eurozone construction output dropped by 2% year-on-year in July 2026, the steepest decline since February, following an upwardly revised 1.4% decrease in June. Building activity continued to contract (-6.4% vs -7.4% in June), while specialised construction activities also remained under pressure (-1.6% vs -0.4%). Meanwhile, civil engineering rose by 0.6%, after being flat in the […]
Portugal’s industrial producer inflation rose to 7.2% year-on-year in August 2026, the highest level since February 2023, marking the second consecutive month of acceleration and rising sharply from a downwardly revised 5.7% in July. Energy inflation surged to 22.8% from 15.8% in the previous month, as global oil prices resumed their upward trend during the […]
Manufacturing output in the US declined 0.3% in August, ending a seven-month period of consecutive increases and falling short of market expectations for a 0.3% rise. The decline was driven primarily by weaker durable-goods production, which fell 0.5% amid broad-based decreases across categories. In contrast, output of nondurable goods was unchanged during the month, providing […]