Economy News


US Labor Market Stable as Q2 Productivity Surges

US Labor Market Stable as Q2 Productivity Surges

The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor ​market. Other data on Thursday showed worker productivity grew faster than expected in the second quarter, curbing ga...


August 6, 2026
China's Unitree Prices IPO at $9 Billion Valuation
China's Unitree Prices IPO at $9 Billion Valuation

China's Unitree has priced its Shanghai initial public ‌offering at 150.8 yuan ($22.34) per share, valuing the company at around 61...

S.Korea says Chance of 3% Economic Growth has Risen Sharply
S.Korea says Chance of 3% Economic Growth has Risen Sharply

China's mainland tax authorities have begun ​levying taxes on insurance policy income earned offshore, according to four people with direct...

German June Industrial Orders Rise More Than Expected
German June Industrial Orders Rise More Than Expected

German industrial orders rose more than expected in June, but owed their jump to large-scale ‌orders and a downward revision of the previous...

Slump for UK Builders Abates in July, PMI Shows
Slump for UK Builders Abates in July, PMI Shows

The downturn in Britain's construction industry eased in July as commercial building and housebuilding weakened less sharply and builders...

Yen and Dollar Drift Ahead of Iran Deal News and Payrolls
Yen and Dollar Drift Ahead of Iran Deal News and Payrolls

Currency markets drifted on Thursday with the Japanese yen retracing some intervention-led gains and the dollar pinned ​near a six-week low, as...

China's July Exports Growth Likely Cooled but Still Robust
China's July Exports Growth Likely Cooled but Still Robust

EIJING, Aug 6 (Reuters) - China's export growth likely lost some steam last month after June's blistering surge, but remained robust, ​a...

August 5, 2026
Cummins India Qtr Profit Edges Up as Costs Offset Demand
Cummins India Qtr Profit Edges Up as Costs Offset Demand

Engine maker Cummins India reported a marginal rise in quarterly profit on Wednesday, as strong ​domestic demand across its power generation,...

AI Shift Eases Uncertainty Drag on Euro Zone Growth: ECB
AI Shift Eases Uncertainty Drag on Euro Zone Growth: ECB

Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this ​year, but a shift in business investment...

Indonesia Q2 GDP Growth Slows to 5.3% but Beats Forecast
Indonesia Q2 GDP Growth Slows to 5.3% but Beats Forecast

Indonesia's annual economic growth in the second ​quarter came in at its slowest in three as household and public spending eased, official data...

UK's July New Car Sales Hit Best since 2019, SMMT Data Shows
UK's July New Car Sales Hit Best since 2019, SMMT Data Shows

British new car registrations rose nearly 12% in July, marking their best performance since ​2019 as battery electric vehicle (BEV) sales reached...

UK Services Sector Returns to Growth, Optimism Picks Up, PMI
UK Services Sector Returns to Growth, Optimism Picks Up, PMI

LONDON, Aug 5 (Reuters) - Britain's dominant services sector returned to growth last month as new orders picked up, according to a survey by...

German services downturn eases in July; demand picks up: PMI
German services downturn eases in July; demand picks up: PMI

Germany's service sector contracted only marginally in July as demand picked up slightly and new business rose for the first time in five...

India Forex Reserves Hit 3-Month High, Rise Most in 6 Months
India Forex Reserves Hit 3-Month High, Rise Most in 6 Months

India's foreign exchange reserves rose to a near three-month high of $692.9 billion as of July 31, data from ​the Reserve Bank of India showed...

India July Services Growth Hits 4-Year Low as Demand Wilts
India July Services Growth Hits 4-Year Low as Demand Wilts

BENGALURU, Aug 5 (Reuters) - Growth in India's dominant services sector slumped to its weakest pace in over four years in ​July as demand was...

China eases controls on fuel exports for 2nd month, sources
China eases controls on fuel exports for 2nd month, sources

China has eased limits on refined fuel exports ​for a second month in August, giving ‌refiners temporary approval to ship 2.7 million metric...

Japan Real Wages Up for Sixth Straight Month in June
Japan Real Wages Up for Sixth Straight Month in June

Japan's real wages grew 1.6% in June from a year before, a ​sixth consecutive month of increases, government data ‌showed on Wednesday,...

August 4, 2026
Bank of Korea Board Sees More Rate Hikes, Minutes Show
Bank of Korea Board Sees More Rate Hikes, Minutes Show

Board members of South Korea's central bank said they would carefully determine the timing and pace of any ​further policy tightening, with...

August 3, 2026
Bank Indonesia Urges More Bank Lending, Acting Chief Says
Bank Indonesia Urges More Bank Lending, Acting Chief Says

A new policy announced recently by the Indonesian central ‌bank is intended to discourage commercial banks from placing excess liquidity in...

Bessent Ready for Yen Action, Urges Bigger Fed Backstop
Bessent Ready for Yen Action, Urges Bigger Fed Backstop

U.S. Treasury Secretary Scott Bessent ‌said on Sunday he will not hesitate to repeat a U.S. and Japanese coordinated foreign exchange...

Japan, US Confirm Joint Yen-Buying, Signal More Action
Japan, US Confirm Joint Yen-Buying, Signal More Action

Japan and the ​United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance...

Australia Home Price Drop Speeds Up in July: Cotality Data
Australia Home Price Drop Speeds Up in July: Cotality Data

Australian home prices suffered a second month of steep falls in July as higher borrowing costs ​and unease over tax changes accelerated a downturn...

July 31, 2026
Vatican Finances Boosted by Gold, Real Estate Gains
Vatican Finances Boosted by Gold, Real Estate Gains

The Vatican's asset management arm said on Friday its ​operating surplus fell more than 60% in 2025, but its overall wealth rose thanks...

Japan may have Sold Up to $59 bln in Yen-Buying Intervention
Japan may have Sold Up to $59 bln in Yen-Buying Intervention

Japan may have sold as much as $58.97 billion in its latest efforts to bolster its ​currency, central bank data indicated on Friday, signalling...

UK Markets Expect £50 bln of QT in Year to Sept 2027, BoE
UK Markets Expect £50 bln of QT in Year to Sept 2027, BoE

Investors expect the Bank of England to slow the pace at which it reduces its ​bond portfolio to £50 billion ($67 billion) in the 12 months...

China Factory Activity Shrinks in July on Weak Demand
China Factory Activity Shrinks in July on Weak Demand

China's factory activity unexpectedly slipped into contraction in July, pressured by shrinking new ​orders that reinforced concerns over...

Kioxia Forecasts $11.78 Billion Q2 Operating Profit
Kioxia Forecasts $11.78 Billion Q2 Operating Profit

Kioxia said on Friday it ​expects to report operating ‌profit of 1.89 trillion yen ($11.78 billion) in ​the July-September quarter ​as AI...

UK Annual House Price Growth Slows in July, Nationwide Says
UK Annual House Price Growth Slows in July, Nationwide Says

British house prices rose for the first time ​in three months in July, mortgage lender ‌Nationwide Building Society said on Friday, but the...

July 30, 2026
Brazil Household Debt Stays Flat Despite Lula Relief Push
Brazil Household Debt Stays Flat Despite Lula Relief Push

Brazilian household indebtedness eased only marginally in May, the first month of a broad government debt-renegotiation ​program launched by...

China Coal Power Share Falls Below 50% for First Time
China Coal Power Share Falls Below 50% for First Time

China, the world's largest coal consumer, generated less than 50% of its ​electricity from the fossil fuel in the six months to June, marking a...

Euro Zone Growth Beats Forecasts on AI, Consumer Strength
Euro Zone Growth Beats Forecasts on AI, Consumer Strength

The euro zone economy grew faster than expected last quarter as surging investment in AI, ample ​government spending and several one-off factors...

July Inflation Speeds Up in 4 German States, Hinting Rise
July Inflation Speeds Up in 4 German States, Hinting Rise

Inflation rose in four key German states in July, according to preliminary data published on ​Thursday, suggesting the national inflation rate...

China Slump Hits BMW Earnings, Spurring Restructuring Call
China Slump Hits BMW Earnings, Spurring Restructuring Call

A severe slump in Chinese sales and the hit to consumer sentiment ​from the Middle East dealt a blow to BMW's earnings ‌in the second...

Spain's Economic Growth Accelerates to 0.7% in Q2
Spain's Economic Growth Accelerates to 0.7% in Q2

Spain's economic growth edged up to 0.7% in the second ​quarter after a 0.6% expansion ‌in the previous three-month period, preliminary...

UK H1 Vehicle Output Down 7.5%, Sector Sees Optimism
UK H1 Vehicle Output Down 7.5%, Sector Sees Optimism

UK vehicle production fell 7.5% in the first half of 2026 amid trade uncertainty, the Society of Motor Manufacturers and ​Traders said on Thursday,...

S.Korea Export Growth Seen Easing, Chip Boom to Hold: Poll
S.Korea Export Growth Seen Easing, Chip Boom to Hold: Poll

South Korean exports likely extended robust growth in July, with the pace weakening ‌from a near-half-century high but posting the...

Japan Cuts Growth Outlook as Energy Costs Weigh
Japan Cuts Growth Outlook as Energy Costs Weigh

Japan's government cut its economic growth forecast ‌for the current fiscal year on Thursday, as higher oil prices linked to Middle East...

Consumer, AI Spending Likely Lifted US Q2 Economic Growth
Consumer, AI Spending Likely Lifted US Q2 Economic Growth

The U.S. economy likely maintained a steady pace of growth in the second quarter, supported by stronger consumer spending and robust business...

July 29, 2026
S. Korea to Cap Investment in Single-Stock Leveraged ETFs
S. Korea to Cap Investment in Single-Stock Leveraged ETFs

South Korea will introduce additional curbs on single-stock leveraged ​exchange-traded funds (ETFs), including a cap that could limit ‌an...

Hyperscaler Debt Binge Pushes Yields Up as Demand Cools
Hyperscaler Debt Binge Pushes Yields Up as Demand Cools

Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher...

India Says Oil Spike May Strain Fiscal, Current Accounts
India Says Oil Spike May Strain Fiscal, Current Accounts

Sustained high crude oil prices could pressure India's fiscal ​deficit and current account balance again, ‌a finance ministry report said...

Yandex Q2 Revenue Rises 16%, Recommends 110 Rbl H1 Dividend
Yandex Q2 Revenue Rises 16%, Recommends 110 Rbl H1 Dividend

Russia's largest internet-company, Yandex , posts ​a 16% increase in ‌revenue to 386 billion roubles ($4.89 billion) for the ​second...

UK Consumer Lending Rises at Fastest Pace Since 2018: BoE
UK Consumer Lending Rises at Fastest Pace Since 2018: BoE

British households increased their borrowing at the fastest annual pace in almost eight years last month, adding ​to signs that consumers were in a...


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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