Canadian banks have posted impressive earnings, deftly sidestepping the toughest blows from tariff challenges, Reuters reports. Strong consumer spending and well-diversified portfolios were crucial in cushioning the impact
Browsing: economic outlook
Germany’s economy contracted in the latest quarter, signaling mounting challenges ahead. Surging inflation, skyrocketing energy costs, and global uncertainties are weighing heavily, casting a shadow over Europe’s largest economy, according to Semafor
Japan’s government has strongly dismissed allegations that the U.S. is pressuring the Bank of Japan to raise interest rates. Yet, as global inflation concerns intensify, investors remain on high alert, scrutinizing every decision from the BOJ and keeping markets tense
Scott Bessent, a renowned investor, raises a red flag, warning that Japan is dangerously “behind the curve” on interest rates. As global central banks accelerate their monetary tightening, he shines a spotlight on the growing risks tied to Japan’s slow pace in raising rates
The UK economy showcased remarkable resilience in Q2, defying inflation and supply chain challenges, ING Think reveals. This steady growth shines as a beacon of cautious optimism amid ongoing global uncertainties
In his latest Guardian analysis, George Magnus uncovers signs that China’s economic boom may be hitting a turning point. Faced with entrenched structural hurdles, changing demographics, and stricter policy constraints, the era of rapid expansion seems to be winding down
Japan has revised its economic growth forecast downward, citing the ripple effects of US tariffs and a slowdown in domestic spending, Reuters reports. This update underscores the ongoing trade tensions and fading consumer confidence that continue to challenge the economy
The IMF has eased Argentina’s reserves accumulation targets, signaling a more flexible stance ahead of the crucial review following October’s local elections. This shift arrives as the nation grapples with persistent economic hurdles and political uncertainties
The IMF has raised India’s growth forecast for 2024 to an impressive 6.4%, spotlighting strong domestic demand and a resilient economy, Reuters reports. This upbeat revision points to a more promising future despite persistent global challenges
Argentina’s insurers are beginning to rebound as the economy stabilizes and fresh regulations come into effect. Industry experts point to robust premium growth and a decline in claim volatility, fueling cautious optimism about what lies ahead
The Indian rupee is set to ride the wave of the US dollar’s impressive rebound amid dramatic shifts in global markets. Meanwhile, bond investors are closely tracking evolving rate cut forecasts, which are reshaping yields and steering market sentiment in new directions
Japan’s core inflation slipped slightly but remained above the Bank of Japan’s 2% target, sparking market excitement over a potential rate hike as policymakers navigate the delicate balance between inflation pressures and economic growth
Canada’s banks are on the brink of remarkable growth, fueled by a trading frenzy and a surge of investor confidence that’s electrifying the market. Experts are buzzing with predictions that the sector is set to “pop,” signaling an exciting rally in banking stocks
The UK economy contracted for the second consecutive month this May, raising fresh concerns about its growth outlook. Experts warn that ongoing challenges could seriously hinder future progress
The OECD Economic Survey: Argentina 2025 highlights the nation’s most urgent challenges and promising opportunities on its path to sustainable growth. It urges bold reforms in fiscal policy, inflation control, and investment approaches to boost resilience and foster greater inclusion
Goldman Sachs bankers foresee a surge of mergers and acquisitions in Brazil following the upcoming election, anticipating that renewed investor confidence and bold economic reforms will spark a dynamic wave of deal-making, Bloomberg reports
Shares soared on renewed optimism about China-US trade talks, igniting a surge of investor excitement. Meanwhile, the dollar slipped against major currencies, reflecting a cautious atmosphere amid ongoing geopolitical uncertainties
German export sentiment has taken a hit amid looming tariff threats, the Ifo Institute revealed on Thursday. Escalating trade tensions are stirring uncertainty among exporters, casting a shadow over growth prospects
The UK’s benzene market is set for an exciting surge, projected to skyrocket to 2.1 million tons in volume and reach a staggering $1.6 billion in value by 2035, according to IndexBox’s latest report
Japan’s flash PMI shows a modest uptick in business activity, signaling cautious optimism among companies navigating ongoing economic uncertainties. Analysts expect a steady recovery ahead but stress the importance of staying vigilant as challenges persist