Economy News


US Services Sector Hits 3-1/2-yr High, Risks Loom from Middle East War

US Services Sector Hits 3-1/2-yr High, Risks Loom from Middle East War

The U.S. services sector activity surged to more than a 3-1/2-year high in February amid strong demand, consistent with hopes for an acceleration ​in economic growth this quarter, but war in the Middle East poses a downside risk to the rosy picture. The ‌Institute for Supply Management ...


March 4, 2026
US and Britain Split over Crypto Collaboration, Sources Say
US and Britain Split over Crypto Collaboration, Sources Say

British and U.S. regulators are divided over how to ​test blockchain-based versions of financial securities, with Britain pushing for a more...

US Private Payrolls Post Largest Increase in 7 Months in Feb
US Private Payrolls Post Largest Increase in 7 Months in Feb

U.S. private payrolls increased by the most in seven months in February, though data for the prior month was ​revised sharply lower, the ADP's...

Venezuela's Economy Grows more than 7% in Q4, Central Bank
Venezuela's Economy Grows more than 7% in Q4, Central Bank

Venezuela's economy grew 7.07% ​in the fourth quarter from a ‌year earlier, the central bank said on Wednesday, reporting a 19th...

Australian State Plans to Give Employees Legal Right to Work from Home
Australian State Plans to Give Employees Legal Right to Work from Home

The Australian state of Victoria said on ​Wednesday it will launch legislation ‌to give employees the legal right to work from home two days...

US Banks on High Alert for Cyberattacks as Iran War Escalates
US Banks on High Alert for Cyberattacks as Iran War Escalates

The U.S. financial services industry is on heightened ​alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms...

March 3, 2026
UK Finance Minister Reeves Gives Budget Update Speech
UK Finance Minister Reeves Gives Budget Update Speech

British finance minister Rachel Reeves said fresh forecasts showed inflation and borrowing would be lower than previously thought by Britain's...

UK Inflation Seen at 2.3% in 2026, Reeves Says
UK Inflation Seen at 2.3% in 2026, Reeves Says

British consumer price inflation is set to average 2.3% ​in 2026, according to estimates ‌from the Office for Budget Responsibility, finance...

Stablecoin Use Could Weaken ECB's Hand, Hamper Lenders, ECB Paper Finds
Stablecoin Use Could Weaken ECB's Hand, Hamper Lenders, ECB Paper Finds

The spread of stablecoins in the euro zone could weaken the effectiveness of monetary policy, siphon deposits away from banks and reduce lending...

Euro Zone Inflation Jumps, Faces Quick Hit from Surging Oil Price
Euro Zone Inflation Jumps, Faces Quick Hit from Surging Oil Price

Euro zone inflation surged unexpectedly ​last month and may rise further in the coming months if war in the Middle East keeps energy prices high,...

S.Korea Factory Activity Expands for 3rd mth on Output Jump, PMI
S.Korea Factory Activity Expands for 3rd mth on Output Jump, PMI

South Korea's factory activity expanded for a third straight month in February, as output increased at the fastest pace in ​one-and-a-half...

China Poised to Trim Growth Ambitions, Pursue Timid Rebalancing Efforts
China Poised to Trim Growth Ambitions, Pursue Timid Rebalancing Efforts

China’s annual parliament meeting is expected to show tolerance for slightly slower economic growth this year, opening the door for greater,...

Key Economic Targets to Watch at China's Parliament Meeting
Key Economic Targets to Watch at China's Parliament Meeting

China's Premier Li Qiang is expected to announce the country's main economic targets for 2026 at an annual parliamentary meeting which...

UK Food Prices and Shop Price Inflation Slow in Feb, Survey
UK Food Prices and Shop Price Inflation Slow in Feb, Survey

British store chains raised their prices less quickly last month, offering some respite for consumers ​grappling with the cost of living, the...

March 2, 2026
US Manufacturing Grows Steadily in Feb, input Prices Surge
US Manufacturing Grows Steadily in Feb, input Prices Surge

U.S. manufacturing activity expanded steadily in February, but a measure of prices paid by factories for inputs rose to the highest level in nearly...

Bank of England Faces Risk of
Bank of England Faces Risk of "Deficient Demand," Taylor

The Bank of England will soon find itself in a position where it will no longer face much of a trade-off between a slowing economy and inflationary...

India's Jan Industrial Output Growth Slows to 3-mth Low of 4.8%
India's Jan Industrial Output Growth Slows to 3-mth Low of 4.8%

India's industrial output expanded 4.8% year-on-year in January, a three-month low, as manufacturing activity slowed and fast-moving...

Bank of Ireland Expects to Grow Earnings, Boost Shareholder Returns to 2028
Bank of Ireland Expects to Grow Earnings, Boost Shareholder Returns to 2028

Bank of Ireland said on Monday that it expects to increase earnings, accelerate returns to shareholders and cut costs over the next three...

French Manufacturing Expanded in Feb, Beating Flash Forecast, PMI
French Manufacturing Expanded in Feb, Beating Flash Forecast, PMI

France's manufacturing sector expanded in February, slightly beating initial estimates, helped by solid demand in the cars and aerospace...

German Manufacturers Showing Signs of Recovery, PMI Indicates
German Manufacturers Showing Signs of Recovery, PMI Indicates

Germany's manufacturing sector showed signs of recovery in February on the back of accelerating increases in output and new orders, according...

Swiss National Bank Reports Annual Profit of $34 Billion
Swiss National Bank Reports Annual Profit of $34 Billion

The Swiss National Bank reported an annual profit of 26.1 billion Swiss francs ($34 billion) for 2025, the central bank said on Monday,...

UK House Prices Rise more than Expected, Nationwide Data
UK House Prices Rise more than Expected, Nationwide Data

British house prices rose slightly faster than expected last month after a dip at the end of 2025 linked to uncertainty over finance minister...

China's Factory Activity Set to Shrink for 2nd mth, Hit by Depressed Demand
China's Factory Activity Set to Shrink for 2nd mth, Hit by Depressed Demand

China's manufacturing activity probably shrank for a second straight month in February, a Reuters poll showed on Monday, suggesting factory...

India Manufacturing Growth Hits Four-Month High in Feb, PMI
India Manufacturing Growth Hits Four-Month High in Feb, PMI

India's factory activity expanded at its fastest pace in four months in February as strong domestic demand drove new orders and production,...

February 27, 2026
US Consumer Prices Increase Strongly in January
US Consumer Prices Increase Strongly in January

U.S. producer prices accelerated in January, with the cost of goods outside the volatile food and energy category increasing by the most in more...

Target's Management under Fire, Investors Agitate for Change
Target's Management under Fire, Investors Agitate for Change

Over the last three years, retailer Target has weathered intense criticism from consumers who have questioned its merchandise choices and...

Saudi Aramco Bringing Shale Gas Revolution to Arabian Desert
Saudi Aramco Bringing Shale Gas Revolution to Arabian Desert

The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert. Deep in the sands...

S.Africa Cuts Electricity Tariffs for 2 Struggling Ferrochrome Firms
S.Africa Cuts Electricity Tariffs for 2 Struggling Ferrochrome Firms

South Africa's power utility Eskom on Friday announced a further 29% reduction in electricity prices for two distressed ferrochrome firms in a...

India's Apr-Jan Fiscal Deficit at 63% of 2025/26 Target
India's Apr-Jan Fiscal Deficit at 63% of 2025/26 Target

India's economic growth slowed in the October-December quarter as government spending and private investment eased, but the South Asian nation...

Tether Says it has Frozen $4.2B of its Stablecoin over Crime Links
Tether Says it has Frozen $4.2B of its Stablecoin over Crime Links

El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to "illicit activity",...

India's GDP Growth Slips to 7.8% in Q3 amid Data Revamp
India's GDP Growth Slips to 7.8% in Q3 amid Data Revamp

India's economy grew 7.8% in October-December from the same period a year earlier, down from an 8.4% expansion in the previous quarter as...

China Halts Yuan Rally, Rates View Drives other Currencies in Feb
China Halts Yuan Rally, Rates View Drives other Currencies in Feb

The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost...

China Encourages Dollar Buying to Slow Surging Yuan
China Encourages Dollar Buying to Slow Surging Yuan

China's central bank moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a...

AI Boom will be no Free Pass for Debt-Laden Major Economies
AI Boom will be no Free Pass for Debt-Laden Major Economies

An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say,...

Asian Shares Wobble, Yen and Treasuries Rise on AI, Geopolitical Woes
Asian Shares Wobble, Yen and Treasuries Rise on AI, Geopolitical Woes

Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots...

UK Bond Dealers Expect Long-Dated Gilt Issuance to Fall to Lowest in Two Decades
UK Bond Dealers Expect Long-Dated Gilt Issuance to Fall to Lowest in Two Decades

Britain is on track to issue the lowest amount of long-dated government debt in two decades in the next financial year as it scales back overall...

Indonesian Trade Surplus Widened in Jan to $2.76B, Poll Shows
Indonesian Trade Surplus Widened in Jan to $2.76B, Poll Shows

Indonesia's trade surplus is expected to have widened in January from a month earlier as double-digit growth in exports offset higher imports,...

S.Korea Exports Set to Rise for 9th mth on Chip Surge: Poll
S.Korea Exports Set to Rise for 9th mth on Chip Surge: Poll

South Korea's exports likely rose for a ninth straight month in February as a global boom in artificial intelligence investment drove a surge...

US Mortgage Rate Dips below 6%, Economists don't Expect Housing Boom
US Mortgage Rate Dips below 6%, Economists don't Expect Housing Boom

The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but the decline is...

February 26, 2026
US Weekly Jobless Claims Rise Slightly; Unemployment Rate Likely Unchanged in Feb
US Weekly Jobless Claims Rise Slightly; Unemployment Rate Likely Unchanged in Feb

The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady...

ECB Sells some Dollar Assets, Cuts Weight of Dollar in Reserves
ECB Sells some Dollar Assets, Cuts Weight of Dollar in Reserves

The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in...

Number of UK Young People not in Work or Education nears 1M
Number of UK Young People not in Work or Education nears 1M

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a...

ECB's Lagarde again Hints at Completing Term
ECB's Lagarde again Hints at Completing Term

European Central Bank President Christine Lagarde hinted again at serving out her term to complete projects including the digital euro, in a fresh...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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