UK construction activity remains under pressure, with output contracting for a tenth consecutive month in August 2026. However, the pace of decline has moderated, while a stronger-than-expected manufacturing performance provides a more mixed picture of the wider economy. The latest figures point to continued weakness in construction investment, particularly new work, even as pharmaceutical production […]
Saudi Arabia’s wholesale prices increased 4.2% year-on-year in September 2026, easing from a revised 5.0% rise in the previous month and marking the lowest reading since January. Price growth slowed for agriculture and fishery products (4.4% vs. 4.8% in August), other transportable goods excluding metal products, machinery and equipment (7.1% vs. 8.2%), and metal products, […]
The UK economy expanded by 0.1% month-on-month in August 2026, exceeding expectations for a 0.1% contraction but slowing from growth of 0.4% in both June and July. Manufacturing and mining activity provided the main support, while services output stagnated and construction recorded another monthly decline. Annual GDP growth strengthened to 2.1%, its highest rate since […]
The Swiss franc leads a broad group of currency gainers, rising 0.58%, as the US dollar index declines 0.45% and the Brazilian real and South Korean won also come under pressure. The Polish zloty and Swedish krona record gains of 0.57% and 0.56%, respectively, while the euro advances 0.51%, the British pound rises 0.38% and […]
The Netherland’s seasonally adjusted unemployment rate stood at 4.0% in September 2026, unchanged from the previous two months and remaining at its highest level since March. The number of unemployed people remained steady at 408 thousand, with 3.2 million people outside the labor force, which mainly consists of retirees and individuals unable to work due […]
The South Korean won is trading around 1,347 per US dollar, extending its losses as a global semiconductor sell-off intensifies risk aversion and pressures technology-heavy Asian markets. Concerns over elevated artificial intelligence valuations, high borrowing costs and the financing requirements of large-scale AI infrastructure investments are weighing on investor sentiment, with South Korean equities experiencing […]
The Japanese yen has strengthened beyond 158 per US dollar, reaching a one-week high as renewed warnings from Japanese authorities increase the risk of further currency-market intervention. Finance Minister Satsuki Katayama has reiterated that officials are prepared to act again if necessary, while confirming that Washington and Tokyo remain aligned following their joint intervention in […]
China’s 10-year government bond yield fell to around 1.65% on Thursday, hitting its lowest level since May 2025, as a strengthening yuan and lackluster economy bolstered demand for Chinese sovereign debt. The yield has declined 18 basis points since the end of December, while Chinese bonds have delivered nearly 10% returns over the past 12 […]
The euro has rebounded towards $1.12 against the US dollar after recovering from an 18-month low, as cautious comments from Federal Reserve officials prompt traders to reassess expectations for further US monetary tightening. However, the recovery remains vulnerable to persistent euro-area inflation, uncertainty surrounding European Central Bank (ECB) policy and fiscal concerns in highly indebted […]
Reserve Bank of New Zealand Chief Economist Paul Conway said Thursday that the central bank’s late-October rate decision remains open despite mounting price pressures. Speaking at IMF and World Bank meetings in Bangkok, he stressed that policymakers want flexibility to either hold the Official Cash Rate or raise it by 25bps. While a hike is […]