Economy News


Apple to Spend $30B in Broadcom Chip Deal to Expand Colorado Plant

Apple to Spend $30B in Broadcom Chip Deal to Expand Colorado Plant

Apple plans to spend more than $30 billion as part of a ​chip-supply agreement reached earlier this week with Broadcom ‌that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom disclosed on Monday ​it had secured a long-term...


July 7, 2026
Canada's Trade Surplus Hits 4-Year High on US Export Surge
Canada's Trade Surplus Hits 4-Year High on US Export Surge

Canada's ​trade surplus widened to a four-year high in May, with exports rising for the fourth consecutive month, as goods shipped ‌to the...

ECB Tells Banks to Bolster AI Cyber Defences
ECB Tells Banks to Bolster AI Cyber Defences

The European Central Bank on Tuesday gave euro zone banks four months to draw ​up plans to counter AI-enabled cyber threats, taking a more...

Standard Nuclear Eyes Up to $3.55B US IPO Valuation
Standard Nuclear Eyes Up to $3.55B US IPO Valuation

Standard Nuclear is targeting a valuation of up to $3.55 billion in its ​U.S. initial public offering, as investors increasingly favor energy...

China Gold Reserves See Biggest Rise since 2023; Price Falls
China Gold Reserves See Biggest Rise since 2023; Price Falls

China's central bank reported its biggest monthly increase in gold reserves ​in more than two and a half ‌years in June, official data...

India's Top Asset Manager Draws Sovereign Funds in $1.2B IPO
India's Top Asset Manager Draws Sovereign Funds in $1.2B IPO

SBI Funds Management IPO draws interest from Abu Dhabi's ADIA, Singapore's GIC: sources The $1.2 billion issue kicks off IPO pipeline for...

China's Gig Boom Masks Job Pain, Strains Welfare System
China's Gig Boom Masks Job Pain, Strains Welfare System

Bao Zhang began driving for a Chinese ride-hailing app this year after losing his job as a software tester and says the weak job market gives him...

UK House Prices Inched Higher in June, Lloyds Data Shows
UK House Prices Inched Higher in June, Lloyds Data Shows

British house prices ticked higher in June, the first ​monthly increase since February, mortgage lender ‌Lloyds said on Tuesday, though it...

Indian Firms' Arbitrage Plays Revive Pain Point for Rupee
Indian Firms' Arbitrage Plays Revive Pain Point for Rupee

A familiar drag on the Indian ​currency has resurfaced with local companies exploiting the arbitrage opportunities between the onshore foreign...

Japan May Real Wages Up for 5th Month, Slowed by Inflation
Japan May Real Wages Up for 5th Month, Slowed by Inflation

Japan's real wages rose 1.4% in May from a year earlier to mark a fifth month ​of increases, although the growth rate slowed amid...

China Breaks Step with Global Markets, and Investors Buy In
China Breaks Step with Global Markets, and Investors Buy In

Investor thinking on Chinese assets is changing, as steady returns through the turbulence of the Iran war and AI frenzy show how China has broken...

July 6, 2026
TeraWulf Jumps on $19B Data Center Lease Deal with Anthropic
TeraWulf Jumps on $19B Data Center Lease Deal with Anthropic

TeraWulf said on Monday it signed a 20-year lease with ​Anthropic for data center infrastructure, a ‌deal expected to generate about $19...

US Services Growth Dips in June; Employment Rebounds
US Services Growth Dips in June; Employment Rebounds

U.S. services sector activity dipped in June ​as some of the boost from businesses rushing to place orders amid the Middle East war ‌ebbed,...

ITV and Sky Reshape British TV Landscape with $2.1 bln Deal
ITV and Sky Reshape British TV Landscape with $2.1 bln Deal

Comcast's Sky has agreed to buy the broadcast channels ​and streaming service of Britain's ITV for £1.6 billion ($2.13...

Hedge Funds Dump Chip Stocks for 4th Week as AI Sells Off
Hedge Funds Dump Chip Stocks for 4th Week as AI Sells Off

U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according ​to a client note from Goldman Sachs on ‌Friday, in line...

UK new Car Sales Hit Best June since 2019 as EV Sales Grow
UK new Car Sales Hit Best June since 2019 as EV Sales Grow

British new car sales in June climbed 11.4% from year-ago ​levels to their strongest since 2019, with battery electric vehicles taking ‌a...

German Industrial Orders Rose more than Expected in May
German Industrial Orders Rose more than Expected in May

German industrial orders rose ‌more than expected in May due to large-scale orders. Industrial orders rose by ​1.9% on the previous month...

Spain, Portugal Step Up Scrutiny of Soaring Property Markets
Spain, Portugal Step Up Scrutiny of Soaring Property Markets

Spain and Portugal are stepping up scrutiny of their soaring property markets ​amid early signs of overheating, but supervisors are unlikely to...

July 3, 2026
China Proposes New Refinancing Rules for Listed Firms
China Proposes New Refinancing Rules for Listed Firms

The China Securities Regulatory Commission (CSRC) on Friday proposed changes ​to rules for refinancing by ‌listed companies, releasing draft...

Gulf Oil Exports Jump in June on Record UAE Flows
Gulf Oil Exports Jump in June on Record UAE Flows

Gulf oil exports in June jumped more than 3 million barrels from May ‌to exceed 10 million barrels per day as the U.S. military helped to...

India Seeks to Quell Backlash over Ethanol Fuel 'Experiment'
India Seeks to Quell Backlash over Ethanol Fuel 'Experiment'

India's government on Friday ​sought to contain a growing backlash against its mandatory use of 20% ethanol-blended petrol, as consumers...

EU-US Trade Hits Record High Despite Tariffs
EU-US Trade Hits Record High Despite Tariffs

Trade in goods between the European Union ‌and the U.S. reached a record €875 billion ($1.00 trillion) last year despite tariffs,...

French Services in June Hit by Bigger Than Expected Slump
French Services in June Hit by Bigger Than Expected Slump

France's services sector contracted in June by more than initially forecast, as sluggish ​demand and inflationary pressures weighed on...

Japan Keeps Yen Intervention Threat Alive, Eyes US Ties
Japan Keeps Yen Intervention Threat Alive, Eyes US Ties

Japan issued a fresh warning to currency markets on Friday as Finance Minister Satsuki Katayama ‌said Tokyo was in regular contact with...

UK Firms Keep Price Hikes Despite Iran de-Escalation: BoE
UK Firms Keep Price Hikes Despite Iran de-Escalation: BoE

British businesses showed no sign of easing their price expectations in ​June despite a de-escalation of the Iran war that ‌had sent energy...

German Services Contraction Eases in June, PMI
German Services Contraction Eases in June, PMI

Germany's services sector contracted for a third straight month in June as weaker demand, dragged down by higher prices and lower market...

India's June Services PMI Drops to 17-Month Low
India's June Services PMI Drops to 17-Month Low

India's dominant services sector expanded at its slowest pace in 17 months in June as domestic demand weakened sharply ​and overall new...

EU Trade with US Hits Record Despite Tariff Tensions, Study
EU Trade with US Hits Record Despite Tariff Tensions, Study

The trade of goods between the EU and the U.S. reached a record €875 ​billion ($1.00 trillion) last year despite mounting tariff pressures,...

Japan's Services Activity Returns to Growth in June, PMI
Japan's Services Activity Returns to Growth in June, PMI

Japan's services sector returned to expansion in June after stalling the previous month, though business confidence remained subdued amid...

Hong Kong's Assets under Management Hit Record $5.38Tn: SFC
Hong Kong's Assets under Management Hit Record $5.38Tn: SFC

Hong Kong's assets under management surged 20% to a record HK$42.2 trillion ($5.38 trillion) ​in 2025, marking a third consecutive ‌year...

Tesla's China-Made EV Sales Rise 24.4% Year on Year in June
Tesla's China-Made EV Sales Rise 24.4% Year on Year in June

Tesla's China-made electric vehicle sales rose for an eighth month in June, supported by an extended ​recovery in the U.S. automaker's...

China's June Services Activity Slows Slightly, Private PMI
China's June Services Activity Slows Slightly, Private PMI

China's services activity expanded at a slightly slower pace in June as growth in ​new business eased, though overseas demand rose ​at the...

July 2, 2026
US Factory Orders Fall in May on Weak Aircraft Demand
US Factory Orders Fall in May on Weak Aircraft Demand

New orders for U.S. factory goods fell in May amid a decline in bookings for commercial aircraft, ​but demand elsewhere remained strong, partly...

Italy Jobless Rate at Record Low of 5% in May, 22k Jobs Lost
Italy Jobless Rate at Record Low of 5% in May, 22k Jobs Lost

Italy's unemployment rate fell slightly to 5.0% in May but a ​net 22,000 jobs were lost during the month, ‌with the fall in the jobless...

In Sintra, World's Central Bankers Find Ally in New Fed Chief
In Sintra, World's Central Bankers Find Ally in New Fed Chief

Central bank officials from around the world believe they may have found a new ally in Federal Reserve Chair Kevin Warsh, providing a rare point of...

ECB Pushes Back on Calls for Lower Bank Capital Levels
ECB Pushes Back on Calls for Lower Bank Capital Levels

The European Central Bank pushed back on industry calls for lower bank capital ​requirements on Thursday, arguing that the current requirements...

UK Business Morale Slumps; Iran War Pushes Up Costs: Survey
UK Business Morale Slumps; Iran War Pushes Up Costs: Survey

British business confidence fell to its lowest since 2022 as the Iran war, which pushed up costs, saps ​expectations for future sales, a survey of...

South Korea's Inflation Rate Quickens to 2-1/2-Year High
South Korea's Inflation Rate Quickens to 2-1/2-Year High

South Korea's consumer inflation accelerated to a two-and-a-half-year high in June, cementing ​expectations for an interest rate hike ‌by...

EU Chip Sector Faces 'Bleak Future' Due to US-China Risks
EU Chip Sector Faces 'Bleak Future' Due to US-China Risks

Chinese ‌export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic chip industry mean it...

US Job Growth Likely Cooled in June after Big Gins
US Job Growth Likely Cooled in June after Big Gins

U.S. job growth likely slowed to a still-solid clip in June, with the unemployment rate expected to hold steady ​at 4.3% for a fourth straight...

US Factory Activity Cools; Input Prices Stay Elevated
US Factory Activity Cools; Input Prices Stay Elevated

U.S. manufacturing activity slowed in June after scaling a 4-year high in the prior month, likely as some of the lift from businesses front-loading...

July 1, 2026
Gold Lingers Near 7-Month Low on Rate Hike Bets
Gold Lingers Near 7-Month Low on Rate Hike Bets

Gold steadied on ​Wednesday, but hovered near a seven-month low hit in the previous session ‌as rising U.S. Treasury yields and growing bets...

UK House Prices Flat in June, Outlook Brightens: Nationwide
UK House Prices Flat in June, Outlook Brightens: Nationwide

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are...


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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