The Reserve Bank of Australia raised its key interest rate by a quarter-point on Thursday as risks to inflation remain tilted to the upside. The policy board, governed by Michele Bullock, decided to lift the cash rate target by 25 basis points to 4.35 percent. This decision followed similar quarter-point...
The services sector in Australia swung sharply into expansion territory in April, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 50.7. That's up from 46.3 in March and it moves above the boom-or-bust line of 50 that separates expansion from contraction. Sustained...
Dutch manufacturing activity expanded at a faster pace as customers' front-loaded orders amid uncertainty caused by the Middle East war, survey data from S&P Global showed Monday. The Nevi manufacturing Purchasing Managers' Index rose to 54.4 in April from 52.0 in March. The score hit the highest...
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, to 4.35 percent from 4.10...
New orders for U.S. manufactured goods increased by much more than expected in the month of March, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders jumped by 1.5 percent in March after rising by an upwardly revised 0.3 percent in February.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.
Portugal's industrial production expanded strongly after a renewed decline in the previous month. Industrial production advanced 3.2 percent year-on-year in March, reversing a 3.9 percent fall in February. Moreover, this was the quickest growth in seven months. Production of capital goods recovered sharply by 6.4 percent from last year
Greece's manufacturing growth moderated to a 7-month low in April amid softer expansions in output and new orders. The manufacturing Purchasing Managers' Index dropped to 52.4 in April from 54.5 in the previous month. The growth in new orders eased substantially as demand was weighed by widespread uncertainty among customers and pressure from higher costs.
Czech factory activity logged further robust expansion in April despite marked supply-chain disruption caused by the Middle East war. The purchasing managers' index, or PMI, for the manufacturing sector rose slightly to 52.9 in April from 52.8 in March. The strong growth was supported by expansions in output and new orders, as domestic and external client demand was sustained.
India's factory activity logged the second-weakest growth in four years amid soaring inflationary pressures caused by the impact of the Middle East War. The HSBC manufacturing purchasing managers' index rose to 54.7 in April from 53.9 in March. Demand resilience supported sales and production, but that growth was hampered by competitive conditions, the war in the Middle East, and client reluctance
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction in early trading. Uncertainty about the situation in the Middle East may keep some traders on the sidelines after President Donald Trump said over the weekend that he...
The Australian stock market is maintaining its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,650 level, with weakness in mining stocks partially offset by gains in energy and technology stocks.
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, with major markets in the region, China, Japan and South Korea closed, as traders react to the re-escalation of the Middle East conflict and the related spike in crude oil prices that has again raised global inflation concerns. Asian markets closed mostly higher on Monday.
Lower GIFT Nifty futures, weak Asian stocks and the overnight negative close on Wall Street point to a flat to negative start for Indian shares on Tuesday. Dut to an escalation in tensions in the Middle East, the mood in global stock markets has turned subdued again.
Ahead of the long holiday weekend for Labor Day and Coronation Day, the Thai Stock market had moved higher in four straight sessions, adding almost 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,490-point plateau although investors figure to lock in gains...
The Brazilian manufacturing activity expanded at the quickest pace in over a year in April amid a rebound in international sales growth. The purchasing managers' index, or PMI, for the manufacturing sector climbed to 52.6 in April from 49.0 in March. Production volumes increased for the first time in a year and to the greatest extent since March 2025.
Eurozone investor sentiment improved unexpectedly in May, driven by investor expectations that the conflict with Iran would not escalate further, a survey conducted by the behavioral research institute Sentix showed Monday. The investor sentiment index rose to -16.4 in May from -19.2 in April. The score was forecast to fall to -20.9.
The euro area factory activity expanded at its strongest pace in nearly four years in April as manufacturers front-loaded their orders due to fears of the war-induced price increases and supply shock, final data from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to a 47-month high of 52.2 in April, in line with flash estimate, from 51.6 in March.