The Bank of Russia reduced its benchmark interest rate by a quarter basis points on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Directors decided to cut the key rate to 14.25 percent from 14.50 percent, the Russian central bank said. Markets had anticipated a 50 basis-point reduction.
Germany's producer prices increased at the fastest pace in three years in May, Destatis reported Friday. Producer prices grew 2.2 percent year-on-year in May, faster than the 1.7 percent rise seen in April. Prices grew the most since May 2023. Nonetheless, the pace of increase was slower than forecast...
Japan inflation remained unchanged in May as government measures helped to bring down energy prices, data from the Ministry of Internal Affairs and Communications showed Friday. Core consumer prices, excluding fresh food, registered a steady growth of 1.4 percent in May. The rate also matched expectations....
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes. The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. The results of...
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.
Turkey's manufacturing capacity utilization rate increased further in June to the highest level in one year, while factory confidence remained more positive. The capacity utilization rate rose to 74.5 percent in June from 74.2 percent in the previous month. Moreover, this was the highest level since June 2025. The manufacturing confidence rose to a 4-month high of 103.5 in June from 103.3 in May.
Consumers in Slovenia remained less pessimistic in May, and the confidence strengthened to the highest level more than four-and-a-half years. The consumer sentiment index rose to -20 in May from -27 in April. Moreover, a similar reading was last seen in August 2021. Expectations regarding the general economic situation of the country over the next year strengthened notably to -20 from -35.
Greece's current account deficit decreased in April from a year ago, mainly due to improvements in the balance of goods and the secondary income account. The current account showed a deficit of EUR 1.4 billion in April, down from 2.3 billion in the corresponding month last year. The goods trade deficit narrowed to EUR 2.3 billion from EUR 2.9 billion as exports grew faster than imports.
The Malaysian foreign trade surplus increased notably in May from a year ago as exports grew much faster than imports. The trade surplus climbed to MYR 40.4 billion in May from MYR 0.8 billion in the same month last year. The surplus also increased from MYR 29.2 billion in April. Exports jumped 45.3 percent year-on-year in May, reaching a record high for a single month.
The major U.S. Index futures are currently pointing to a higher open on Thursday, with stocks likely to regain ground after coming under pressure late in the previous session. Early buying interest may be generated in reaction to news the U.S. and Iran have officially signed a preliminary agreement...
Canadian stocks inched lower on Friday as investors weighed the U.S.-Iran Memorandum of Understanding signed on Wednesday against the sudden cancellation of today's planned first round of U.S.-Iran talks in Switzerland amid fresh Israel-Hezbollah attacks.
Canadian stocks are turning in a mixed performance in cautious trade on Friday following the cancellation of the U.S.-Iran talks scheduled to take place in Switzerland.
The Switzerland stock market's benchmark index SMI ended with a small gain on Friday after a choppy session. Investors largely refrained from making significant moves, looking for fresh directional cues. The mood was cautious amid uncertainty about U.S. and Iran securing a lasting peace truce in the Middle East.
European stocks closed weak on Friday amid cautious moves by investors due to uncertainty about U.S. and Iran securing a lasting peace truce in the Middle East following the abrupt cancellation of talks between the two nations in Switzerland.
UK retail sales rebounded in May as promotions and the hot weather drove consumer spending data, from the Office for National Statistics showed Friday. Retail sales grew by more-than-expected 1.2 percent on a monthly basis in May, in contrast to April's 1.0 percent fall. Sales were forecast to climb 0.5 percent. Excluding auto fuel sales, retail sales moved up 1.2 percent.
Italy's construction output increased for the second successive month in April. Construction production rose 0.3 percent month-on-month in April, though slower than the 1.9 percent strong recovery in March. The annual outcome was also an expansion of 2.7 percent versus a 3.0 percent growth in the prior month.
Poland's industrial production growth rebounded unexpectedly in May. Industrial production advanced 4.1 percent year-over-year in May, faster than the revised 2.9 percent growth in the prior month. The upturn in May was mainly supported by a 32.6 percent growth in mining and quarrying output and a 13.7 percent expansion in the utility segment.