Economy News


RBA Still has Work to Curb Inflation: Deputy Governor

RBA Still has Work to Curb Inflation: Deputy Governor

Australia's central bank has work to do to tame "too high" inflation, a top official said on Wednesday, although he added that lower global ​oil prices stemming from a potential resolution of the U.S.-Israeli war on ‌Iran would be a welcome development. In a speech about t...


June 23, 2026
US Consumers Favor Homebuying over Renting for 1st Time since 2023, BofA Study
US Consumers Favor Homebuying over Renting for 1st Time since 2023, BofA Study

A majority of U.S. consumers now say they would prefer to buy a home rather than rent ​or move in with family, the first time since 2023 that...

Euro Zone Inflation could Stay High Despite Peace: Lane
Euro Zone Inflation could Stay High Despite Peace: Lane

Euro ​zone inflation could stay above the European Central Bank's 2% target for some time, even ‌if peace in the Middle East holds, but...

German Business Activity Hits 18-Month Low in June, PMI
German Business Activity Hits 18-Month Low in June, PMI

Germany's private sector activity contracted at its fastest pace in 18 months in June as ​the services downturn deepened, a survey showed on...

Scars Mark Britain's Economy 10 Years after Brexit Vote
Scars Mark Britain's Economy 10 Years after Brexit Vote

Britain's vote to leave the European Union in 2016 has acted as a persistent drag on its economy, compounding some of the deep-seated...

UK Services Sector Contracts at Fastest Pace since Jan 2023
UK Services Sector Contracts at Fastest Pace since Jan 2023

Britain's services sector, the engine of the economy, contracted this month at the fastest rate in nearly three-and-a-half years, according to...

Australia Tax Overhaul Chills Nation's Property Love
Australia Tax Overhaul Chills Nation's Property Love

Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that...

French Private Sector Downturn Eases in June, PMI Shows
French Private Sector Downturn Eases in June, PMI Shows

France's private sector contraction eased in June as declines in manufacturing and services output both slowed, a business survey showed on...

India June Private Sector Growth Hits 3-Month Low: PMI
India June Private Sector Growth Hits 3-Month Low: PMI

India's private sector expanded at its slowest pace in three months in June as weaker demand growth weighed ​on both factory and services...

Canada Annual Inflation Hits 29-Month High of 3.2% in May
Canada Annual Inflation Hits 29-Month High of 3.2% in May

Canada's annual inflation rate in May accelerated more than expected to 3.2%, a 29-month high, data ‌showed on Monday, as the impact of...

US Gasoline Prices Tumble for Sixth Straight Week
US Gasoline Prices Tumble for Sixth Straight Week

Diplomacy between the U.S. and Iran has translated into relief at the pump for Americans, data showed on Monday, with gasoline ​prices...

June 22, 2026
Argentina Authorizes Up to $5B Debt from International Institutions
Argentina Authorizes Up to $5B Debt from International Institutions

Argentina's government authorized up to $5 billion financing ​from international entities backed ‌by multilateral credit...

BoE Softens Stablecoin Rules in Final Policy Draft
BoE Softens Stablecoin Rules in Final Policy Draft

The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent...

Japan's FX Warnings Keep Markets on Edge over Yen Risk
Japan's FX Warnings Keep Markets on Edge over Yen Risk

Japanese ​financial authorities kept markets guessing about possible currency intervention on Monday, with the lack of clear signals suggesting a...

Saudi Arabia Top Buyer of Russian Fuel Oil in May: Data​
Saudi Arabia Top Buyer of Russian Fuel Oil in May: Data​

Russia's seaborne exports of fuel oil and vacuum gasoil (VGO) fell by about 6% month-on-month to 3.2 million metric tons ​in May, as Ukrainian...

Thai GDP Growth Potential to Reach 3% by 2030: FinMin
Thai GDP Growth Potential to Reach 3% by 2030: FinMin

Thailand plans to lift its economic growth potential ​to 3.0% from 2.7% by 2030, ‌Finance Minister Ekniti Nitithanprapas said on...

June 19, 2026
Canada April Retail Sales Grow 0.5%; Seen Up 1.0% in May
Canada April Retail Sales Grow 0.5%; Seen Up 1.0% in May

Canada's retail sales grew by 0.5% in April from March to ​C$73.03 billion ($51.6 billion), slightly missing expectations, led primarily...

Higher Inflation Drives Jump in UK Budget Deficit in May
Higher Inflation Drives Jump in UK Budget Deficit in May

British government borrowing jumped much more sharply than expected in May as higher ‌inflation pushed up the cost of servicing index-linked...

Easier EU Bank Rules could Free €2T in Loans, Industry Says
Easier EU Bank Rules could Free €2T in Loans, Industry Says

Europe's banking sector ​could boost lending by more than €2 trillion ($2.2 trillion) if regulators ‌were to simplify...

BoE Tests Private Market Resilience to Severe Global Shock
BoE Tests Private Market Resilience to Severe Global Shock

The Bank of England on Friday set out the scenario for this year’s stress test ​of private markets, modelling a severe global shock...

Higher Inflation Drives Jump in UK Budget Deficit in May
Higher Inflation Drives Jump in UK Budget Deficit in May

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing inflation-linked...

Gulf airlines bounce back as flights near pre-war level
Gulf airlines bounce back as flights near pre-war level

Say it quietly, but Gulf airlines are back in business. The Middle East is home to some of the world's biggest carriers, whose networks...

Japan May Core CPI Stays below BOJ Target as Fuel Spike Eyed
Japan May Core CPI Stays below BOJ Target as Fuel Spike Eyed

Japan's annual core ‌inflation stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as...

German Exports to UK Fell by around 7% since Brexit, IW Shows
German Exports to UK Fell by around 7% since Brexit, IW Shows

German exports to Britain fell by around ​7% since 2016, according to ‌figures from the German Economic Institute (IW), underscoring the...

UK Consumers Remain Subdued on Tough Outlook, GfK Shows
UK Consumers Remain Subdued on Tough Outlook, GfK Shows

British consumer confidence held steady in June but younger people turned more pessimistic ​about the economy and their personal financial...

JPM Delays BoE Rate Hike View to Nov on Inflation Risks
JPM Delays BoE Rate Hike View to Nov on Inflation Risks

J.P. Morgan on Thursday pushed back to November its forecast for ​the Bank of England's next interest rate increase, ‌after the central...

June 18, 2026
Iran War Fuel Spikes Lift Europe EV Sales, Growth Fragile
Iran War Fuel Spikes Lift Europe EV Sales, Growth Fragile

Rising fuel prices driven by the Iran ​war are boosting demand for new and used electric vehicles across Europe, industry data shared...

US Signs $725M Energy Fuels Loan for Rare Earth Push
US Signs $725M Energy Fuels Loan for Rare Earth Push

The U.S. government signed a $725 million conditional ​loan commitment on Thursday with Energy Fuels to ‌boost domestic processing of...

Kroger Flags Rising Inflation as Consumers Curb Spending
Kroger Flags Rising Inflation as Consumers Curb Spending

U.S. supermarket-chain operator Kroger stuck to its ‌annual forecasts on Thursday but warned of rising inflationary pressure in the back...

Bank of England Votes 7-2 to Keep Rates at 3.75%
Bank of England Votes 7-2 to Keep Rates at 3.75%

The Bank of England kept interest rates on ​hold at 3.75% in June, as it has since the start of the U.S.-Iran war, judging it would be premature to...

Taiwan Central Bank Hikes Growth View, Flags Inflation
Taiwan Central Bank Hikes Growth View, Flags Inflation

Taiwan's central bank ‌on Thursday raised its growth outlook for the year thanks to the AI boom, while keeping its policy interest rate...

UK 'Strongly Minded' to Nationalise British Steel Says Govt
UK 'Strongly Minded' to Nationalise British Steel Says Govt

Britain is "strongly minded" to nationalise British ​Steel, the government said ‌in a statement on Thursday, weeks after it...

China seen Holding Rates Flat amid Uneven Recovery
China seen Holding Rates Flat amid Uneven Recovery

China is expected to keep benchmark lending rates unchanged for a 13th consecutive month in June, a Reuters survey showed, as a ​K-shaped...

UK Pay Growth Beats Expectations before BoE Decision
UK Pay Growth Beats Expectations before BoE Decision

British wages grew faster than expected in the three months to April and unemployment ‌fell, according to official data which paint a somewhat...

Gold Climbs as Oil Drops on US-Iran Interim Peace Deal
Gold Climbs as Oil Drops on US-Iran Interim Peace Deal

Gold climbed 1% on Thursday, recouping some losses from the previous session after Federal Reserve's hawkish signals, as a drop in oil prices...

June 17, 2026
Quantum Tech Firm EigenQ to Go Public in $3 bln SPAC Deal
Quantum Tech Firm EigenQ to Go Public in $3 bln SPAC Deal

EigenQ will go public through a merger with blank-check company Silicon Valley ​Acquisition in a deal valuing the quantum tech firm at...

French 2026 GDP Growth seen at 0.7% on Oil Shock: INSEE
French 2026 GDP Growth seen at 0.7% on Oil Shock: INSEE

France's economy is set for modest growth in ‌2026 as an oil price spike squeezes consumers, only partially offset by a rebound in...

China to Back IPOs by 'Future Industry', AI Model Firms
China to Back IPOs by 'Future Industry', AI Model Firms

China took fresh steps ‌on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of...

UK Inflation Sticks at 13-Month Low ahead of BoE Rate
UK Inflation Sticks at 13-Month Low ahead of BoE Rate

British inflation held at 2.8% in May, unchanged ‌from April's 13-month low and below forecasts from both economists and the Bank of...

China Issues 5-Year Employment Plan to Stabilize Jobs
China Issues 5-Year Employment Plan to Stabilize Jobs

China's State Council, the cabinet, issued ​the country's next five-year ‌plan for implementing the "employment-first...

UK House Prices Rose by 3.8% in Year to April, ONS says
UK House Prices Rose by 3.8% in Year to April, ONS says

British house prices rose by 3.8% ​in the year ‌to April, after showing no growth in the ​year to ​March, the Office for National ⁠Statistics...

China Pushes Yuan Global, Vows to Curb Financial Risks
China Pushes Yuan Global, Vows to Curb Financial Risks

China announced fresh measures on Wednesday to promote the global ​use of the yuan and unveiled plans to better manage domestic money market...

Bank of Korea Vows to Act until Inflation Hits Target
Bank of Korea Vows to Act until Inflation Hits Target

The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the ​central bank said price pressures were expected to...


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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