Economy News


JPMorgan Doubles Swiss Business by Targeting Wealthy Clients

JPMorgan Doubles Swiss Business by Targeting Wealthy Clients

JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country's wealthiest people, a senior executive at the U.S. bank said. "Our ambition as a firm is to be the premier international bank in Switzer...


December 1, 2025
Africa nears Record $1Tn in State-Owned Assets under Management
Africa nears Record $1Tn in State-Owned Assets under Management

African state-owned institutions are now managing a record $1 trillion in assets, according to a monthly report from sovereign fund tracker...

Russia's LNG Exports Fall 2% in January-November, Data Shows
Russia's LNG Exports Fall 2% in January-November, Data Shows

Russia's exports of liquefied natural gas fell by 2% in January-November to 28.4 million metric tons, LSEG data showed on Monday. For...

Saudi Arabia Aims to Draw in more Japanese Investment, PIF Governor
Saudi Arabia Aims to Draw in more Japanese Investment, PIF Governor

Saudi Arabia wants to bring in more Japanese companies as it looks to attract foreign investment to back its ambitious economic diversification...

French Manufacturing Sector Contracted Further in Nov, PMI
French Manufacturing Sector Contracted Further in Nov, PMI

French manufacturing contracted further in November as a drop in production and slower demand for goods hit the sector, a survey from S&P...

Hong Kong Oct Retail Sales Rise 6.9%, sees Support from Visitor Growth
Hong Kong Oct Retail Sales Rise 6.9%, sees Support from Visitor Growth

Hong Kong's retail sales by value rose 6.9% in October from a year earlier, the sixth month of gains, as recovery in retail sales gathered...

German Air Passenger Numbers Rise, Remain behind 2019 Levels
German Air Passenger Numbers Rise, Remain behind 2019 Levels

The number of passengers flying abroad from German airports increased by 4.6% year-on-year during the key April-to-October period, but still lagged...

German Manufacturing Sector Faces Sharp Decline in new Orders, PMI
German Manufacturing Sector Faces Sharp Decline in new Orders, PMI

Germany's manufacturing sector experienced a marked deterioration in business conditions in November, as new orders fell at the fastest rate in...

Standard Chartered Raises China 2026 GDP Growth Forecast to 4.6%
Standard Chartered Raises China 2026 GDP Growth Forecast to 4.6%

Standard Chartered revised its forecast for China's 2026 gross domestic product growth to 4.6% from 4.3%, citing the country's resilient...

Australia Expands Grain-Fed Beef Exports, US Production Falters
Australia Expands Grain-Fed Beef Exports, US Production Falters

Six thousand Black Angus cattle chew on rolled barley, silage, cottonseed and molasses, fattening up in three rows of shaded pens under the hot...

Thai Cenbank Planning Measures to Ease Strong Baht, Sees Room for Rate Cuts
Thai Cenbank Planning Measures to Ease Strong Baht, Sees Room for Rate Cuts

Thailand's central bank is planning measures to ease the upward pressure on the baht , including having banks tighten their controls on...

UK Services Optimism Falls at Fastest Pace in 3 Years, CBI
UK Services Optimism Falls at Fastest Pace in 3 Years, CBI

Optimism in Britain's services sector declined at the fastest pace in three years in the three months to November, hurt by ongoing cost...

November 28, 2025
Spain Reports 1st Swine Fever Case in 3 Decades, Jeopardising Exports to China
Spain Reports 1st Swine Fever Case in 3 Decades, Jeopardising Exports to China

African swine fever has returned to Spain for the first time in three decades after two wild boar found dead near Barcelona tested positive for the...

World's Biggest Jeweller Pandora Braces for Fierce Black Friday Competition
World's Biggest Jeweller Pandora Braces for Fierce Black Friday Competition

Pandora, the world's biggest jewellery brand by volume, expects fierce competition this Black Friday as retailers fight to lure shoppers with...

Uneven Economy will Drive Investors' Black Friday Stock Picking
Uneven Economy will Drive Investors' Black Friday Stock Picking

As investors monitor crowd sizes at stores on Black Friday they will be shopping for a different kind of holiday deal: retailers that do well in a...

UK's FTSE 100 Set for 1st Monthly Drop in 5 Despite Recent Gains
UK's FTSE 100 Set for 1st Monthly Drop in 5 Despite Recent Gains

London's FTSE 100 inched higher on Friday, led by energy stocks as oil prices rose, though the index was set to snap a four-month winning...

Swelling Supply to Keep Oil Prices Under Strain in 2026
Swelling Supply to Keep Oil Prices Under Strain in 2026

Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap...

German Unemployment Edges Up in Nov as Job Market Stagnates
German Unemployment Edges Up in Nov as Job Market Stagnates

The number of people out of work in Germany rose by fewer than expected in November, but labour demand continued to slow, underscoring a...

UK Fiscal Position Remains
UK Fiscal Position Remains "Vulnerable" on Tax-Raising Budget, S&P

Britain's fiscal position remains vulnerable despite finance minister Rachel Reeves' tax-raising budget this week, S&P Global Ratings...

German Unemployment Rises Less than Expected in November
German Unemployment Rises Less than Expected in November

The number of people out of work in Germany rose less than expected in November, labour office figures showed on Friday, underscoring a sluggish...

Euro Zone Inflation Remains on Benign Path, Easing Need for Rate Cut
Euro Zone Inflation Remains on Benign Path, Easing Need for Rate Cut

Euro zone inflation remains on a benign path, a raft of data indicated on Friday, supporting economists' bets that it will hold around target...

UK Budget Underscores Debt Cutting Commitment, Execution Risks High - Moody's
UK Budget Underscores Debt Cutting Commitment, Execution Risks High - Moody's

The tax rises at the centre of Britain's budget this week underscore the government's commitment to cutting its debt although the...

S.Korea to Cut Planned Income Tax on Dividend Payouts, Media
S.Korea to Cut Planned Income Tax on Dividend Payouts, Media

South Korea's ruling and opposition parties agreed on Friday to lower income tax on dividend payouts to a maximum of 30%, from the...

Taiwan Raises 2025 GDP Growth Forecast on Surge in AI Demand
Taiwan Raises 2025 GDP Growth Forecast on Surge in AI Demand

Taiwan's tech-reliant economy is expected to grow faster than previously expected in 2025, riding the wave of demand for artificial...

Bulgaria will Resubmit Draft 2026 Budget after Protests
Bulgaria will Resubmit Draft 2026 Budget after Protests

Bulgaria's government will resubmit to parliament for approval its 2026 budget plan, the first drafted in euros before the country adopts the...

Spain's 12-mth EU-Harmonised Inflation Falls to 3.1% in Nov
Spain's 12-mth EU-Harmonised Inflation Falls to 3.1% in Nov

Spain's European Union-harmonised 12-month inflation rate fell to 3.1% in November, from 3.2% in the period through October, preliminary data...

India's Q2 GDP Growth Likely Stayed Firm on Strong Domestic Demand
India's Q2 GDP Growth Likely Stayed Firm on Strong Domestic Demand

India's economy likely stayed resilient in the July–September quarter, driven by consumer demand and front-loading of production and...

Core Inflation in Japan's Capital Brings BOJ Closer to Rate Hike
Core Inflation in Japan's Capital Brings BOJ Closer to Rate Hike

Core consumer inflation in Japan's capital stayed well above the central bank's 2% target in November as firms continued to pass on rising...

China's Factory Activity Set to Shrink for 8th Month: Poll
China's Factory Activity Set to Shrink for 8th Month: Poll

China's factory sector likely shrank for an eighth month in November, highlighting the dilemma facing policymakers over whether to press ahead...

November 27, 2025
JPMorgan to Build multi-Billion Pound Tower in London's Canary Wharf
JPMorgan to Build multi-Billion Pound Tower in London's Canary Wharf

JPMorgan Chase & Co will build a tower in London's Canary Wharf financial district, unveiling plans on Thursday to invest billions of...

Bolivia's Bread Shortage Highlights Subsidy Reform Challenge
Bolivia's Bread Shortage Highlights Subsidy Reform Challenge

Shortages of Bolivia's state-subsidized marraqueta bread roll are creating an early test for newly elected President Rodrigo Paz, as...

ECB Accounts Show 'High Option Value' in Staying on Sidelines
ECB Accounts Show 'High Option Value' in Staying on Sidelines

European Central Bank policymakers were in no hurry to cut rates when they met last month as uncertainty remained exceptionally high and it was...

German Consumer Sentiment Brightens Modestly as Holiday Shopping Begins
German Consumer Sentiment Brightens Modestly as Holiday Shopping Begins

Consumer sentiment in Germany will improve slightly in December as households show more willingness to spend on Christmas gifts and festive...

Euro Zone Sentiment Indicator, Lending Data Confirm Lukewarm Growth
Euro Zone Sentiment Indicator, Lending Data Confirm Lukewarm Growth

Bank lending to euro zone firms held steady last month while a key EU economic sentiment indicator edged up in November, adding to evidence that...

Italy Presses ahead with Claim on Cenbank's $300B Gold Pile
Italy Presses ahead with Claim on Cenbank's $300B Gold Pile

Italian ruling lawmakers intend to press ahead with a claim that the central bank's $300 billion in gold reserves belong to the state, a...

India Growth to be Sustained in 2025/26 by Rural, Urban Demand, report
India Growth to be Sustained in 2025/26 by Rural, Urban Demand, report

India will withstand trade-related uncertainties and maintain growth through the rest of 2025/26 (April-March), with the help of strong demand,...

UK Tax Hikes to Placate Bond Markets Likely to be Costly for Reeves
UK Tax Hikes to Placate Bond Markets Likely to be Costly for Reeves

Rachel Reeves may have placated the bond market with her budget on Wednesday but higher taxes for Britons on everything from milkshakes...

Stocks Gain on Fed Easing Hopes, Yen Locked in Intervention Zone
Stocks Gain on Fed Easing Hopes, Yen Locked in Intervention Zone

Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut from the Federal Reserve next month, while...

November 26, 2025
Sweden Grants Green Steel Startup Stegra $41 mln in Funding
Sweden Grants Green Steel Startup Stegra $41 mln in Funding

Sweden said on Wednesday it had granted green steel startup Stegra 390 million crowns ($41 million) in funding, as the Swedish company gathers new...

UK Reforms 'Motability' Scheme to Curb 'Generous' Taxpayers Subsidies
UK Reforms 'Motability' Scheme to Curb 'Generous' Taxpayers Subsidies

British finance minister Rachel Reeves said on Wednesday that she plans to reform the 'motability' scheme, which allows people with...

UK Inflation to Average 2.5% in 2026, OBR Forecasts
UK Inflation to Average 2.5% in 2026, OBR Forecasts

British consumer price inflation is set to average 2.5% in 2026, according to estimates by the Office for Budget Responsibility published on...

UK Announces new Tax on Expensive Homes from 2028
UK Announces new Tax on Expensive Homes from 2028

Britain announced a new annual tax on homes worth more than 2 million pounds ($2.63 million), expected to raise 0.4 billion in 2029-30, according...

Euro Zone Banks should Prepare for Risk of USD Squeeze, ECB
Euro Zone Banks should Prepare for Risk of USD Squeeze, ECB

Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in a U.S. currency made...


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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