- — Director-General: Leverage trade and partnerships to build a resilient ocean economy
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at 11/6/26 3:00pmThe multilateral trading system provides important tools for the development of a healthy and prosperous ocean economy, Director-General Ngozi Okonjo-Iweala said in her keynote speech at an event on Trade, Biodiversity and the Ocean Economy: Pathways to Resilience at the WTO on 5 November. Highlighting the importance of strengthening support for coastal and island economies, ...- — U.S. adds 165,000 jobs in October, exceeding forecasts
- at 11/6/26 3:00pmThe U.S. economy added far more jobs than anticipated in October, while the unemployment rate dipped, in a sign of a robust labor market that could bolster arguments for a Federal Reserve interest rate hike next month. Nonfarm payrolls jumped to 165,000, rising from an upwardly revised total of 60,000 in September and topping economists’ ...
- — EU social benefits expenditure up 5% in 2025
- at 11/6/26 3:00pmIn 2025, the total expenditure on social protection benefits in the EU reached €5 183 billion according to early estimates, a 4.9% increase compared with 2024. Data show that social protection benefits expenditure represented 27.5% of the EU’s GDP, indicating a 0.2 percentage points (pp) decrease compared with the previous year. Among EU countries, social ...
- — China vows enhanced public procurement co-op with international partners
- at 11/6/26 3:00pmChina is willing to work hand in hand with public procurement counterparts worldwide, uphold the right course of economic globalization and trade diversification, and pursue common development and a shared future through openness and cooperation, Vice-Minister of Finance Lin Zechang said. Lin made the remarks at the 2026 China International Public Procurement Forum (CIPPF), which ...
- — Annual full-time adjusted salary in EU grew 4.3% in 2025
- at 11/6/26 3:00pmAmong EU countries, the highest average annual full-time adjusted salary was recorded in Luxembourg (€85 600), followed by Denmark (€73 500) and Ireland (€64 400). In contrast, the lowest average annual full-time adjusted salaries were recorded in Bulgaria (€16 200), Greece (€18 800) and Hungary (€20 100). Source: Eurostat
- — U.S. Nonfarm Payrolls Surge, Surpassing Expectations
- at 11/6/26 3:00pmThe latest data release on U.S. nonfarm payrolls has revealed a significant increase in employment figures, marking a notable development in the economic landscape. The nonfarm payrolls, a critical measure of labor market health, showed an actual increase of 165,000 jobs. This figure far surpasses the forecasted addition of 65,000 jobs, indicating a robust expansion ...
- — German industry defies higher energy prices and low water levels – for now
- at 11/6/26 3:00pmStill holding up. Despite higher energy prices and low summer water levels, German industrial production has remained resilient, growing for the second month in a row. In September, industrial production rose by 0.7% month-on-month, following a 2.0% increase in August, and was 0.4% higher than a year earlier. The September increase seems to be a ...
- — Hawkish Bank of England hikes rates, and there’s more to come
- at 11/6/26 3:00pmEvery bit of the latest Bank of England decision to raise rates from 3.75% to 4% is more hawkish than expected. First, even the two arch-doves voted for a hike, meaning every committee member opted for higher rates. Second, the Bank now sees inflation peaking at 4.9%, above our own, and indeed most other economists’, ...
- — Japan average wages climb at fastest pace in 29 yrs in Sept
- at 11/6/26 3:00pmJapanese wages grew for a ninth consecutive month in September, with cash earnings also surging at their fastest pace in 29 years and further supporting the case for an interest rate hike by the Bank of Japan. Average cash earnings rose 4.6% to 311,409 yen ($1,972.94) in September, government data showed on Friday. The print ...
- — Eurozone October construction activity fell at fastest pace in six months
- at 11/6/26 3:00pmConstruction activity in the eurozone fell at its fastest pace for six months in October as cost pressures hit a five-month high. Output declined at the steepest pace since April with housing recording the sharpest fall, as decreases in the commercial and civil engineering segments accelerated. New orders, employment and purchasing activity also fell, SP ...
- — Consumer sentiment beats expectations, signals economic optimism
- at 11/6/26 11:00amThe University of Michigan Consumer Sentiment Index has shown a surprising uptick, with the latest reading coming in at 51.0. This figure surpasses the forecasted value of 48.1, indicating a more optimistic outlook among consumers than economists had anticipated. The index is a key indicator of consumer confidence, gauging the public’s sentiment regarding current and ...
- — AI in 2027: 20 questions for the global economy
- at 11/6/26 4:00amIn a nutshell • The AI boom still has room to run. Investment is likely to continue rising in 2027, supported by strong demand and constrained supply. But its contribution to US growth is probably close to its peak as the sheer scale of investment makes further acceleration harder. • The boom is entering a ...
- — US tariffs will likely survive Democratic midterm election
- at 11/5/26 3:00pmThe Democratic Party’s capture of both chambers of the US Congress will likely have little immediate effect on US tariffs and trade negotiations. The election could have larger implications for other areas of policy – particularly in Texas, where Democrats won several prominent statewide offices. The election was historic for Texas, with Democrats winning the ...
- — Repetitive Workflows in Services Lead to Highest AI Substitution Risk
- at 11/5/26 3:00pmBusiness process outsourcing (BPOs) faces the highest AI replacement and insourcing risks among services sectors globally, Fitch Ratings says in its Artificial Intelligence Stress Test report. AI replacement risk challenges BPOs’ traditional revenue model, which is based on the outsourcing of non-core, repetitive workflows, billing by the hour and offshore staff operating at high utilisation. ...
- — Tech now accounts for two-thirds of the US trade deficit
- at 11/5/26 3:00pmTech imports fuelling the surge in the trade deficit The US trade balance figures dont normally get hearts racing, but I think this chart below is astonishing. The US trade deficit was $105bn in September, of which $64bn was due to a deficit in computers, peripherals and semiconductors. The chart shows how imports of tech ...
- — France’s social demands run up against tightening fiscal constraints
- at 11/5/26 3:00pmPressure mounts for action on purchasing power What began as a student-led protest has grown into a broader social movement, adding to the government’s challenges as it struggles to get its 2027 budget through parliament. The mobilisation continued during the school holidays, with between 320,000 and 500,000 people taking to the streets last Saturday, fewer ...
- — France’s manufacturing rebound offers some relief, but no turning point yet
- at 11/5/26 3:00pmManufacturing output returns to its June level There is finally some better news from the French economy. Manufacturing output increased by 0.5% in September, following a 0.3% rise in August, bringing production back to its June level. The improvement was relatively broad-based. Food production rebounded by 1.0%, while output of electrical, electronic and computer equipment ...
- — UK inflation to peak at 4.4% around start of 2027, FT survey shows
- at 11/5/26 3:00pmBritish inflation is set to peak at an average 4.4% around the start of 2027, well above official forecasts, a Financial Times survey of economists showed, hours before the Bank of England is expected to raise interest rates. The survey of 12 economists was conducted this week, the FT reported on Thursday. Most expect price ...
- — Fitch Revises France’s Outlook to Negative; Affirms at ‘A+’
- at 11/5/26 3:00pmFitch Ratings has revised the Outlook on Frances Long-Term Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the Long-Term IDRs at A+. A full list of rating actions is at the end of this rating action commentary. The Negative Outlook reflects a deterioration since our August 2026 review comprising weaker growth, higher borrowing ...
- — Bank of England hikes interest rates for first time in over three years
- at 11/5/26 3:00pmThe Bank of England voted to raise interest rates by a quarter of a percentage point to 4% as anticipated on Thursday, as policymakers argued that inflationary pressures have grown enough to warrant an increase in borrowing costs. In a statement, the BoE said an 8-1 majority of its rate-setting Monetary Policy Committee backed hiking ...
- — Fed’s Hammack backs restrictive rates, cites persistent inflation pressures
- at 11/5/26 3:00pmFederal Reserve Bank of Cleveland President Beth Hammack said Thursday that benchmark interest rates must push into restrictive territory to rein in persistent inflation, advocating for measured, frequent policy adjustments to prevent the central bank from falling behind the curve. Her remarks, delivered at the SNB and Its Watchers Conference in Zurich, follow her dissent ...
- — Euro Area Services PMI Revised Lower
- at 11/4/26 3:00pmThe SP Global Eurozone Services PMI was revised lower to 51.4 in October 2026 from a preliminary of 51.7 and compared to 53 in September, signalling a slowdown in the services sector at the start of the fourth quarter. New business intakes dipped slightly, a notable deviation from the solid growth seen throughout each month ...
- — Egypt, Türkiye target $15bln in bilateral trade by 2028
- at 11/4/26 3:00pmEgypt and Türkiye are seeking to increase bilateral trade to $15 billion by 2028, as the two countries explore measures to strengthen investment ties, remove trade barriers, and expand industrial cooperation, Egyptian Minister of Investment and Foreign Trade Mohamed Farid Saleh said in a meeting with Türkiye’s Minister of Trade Ömer Bolat in Istanbul. The ...
- — Germany Composite PMI Revised Up
- at 11/4/26 3:00pmThe SP Global Germany Composite PMI was revised higher to 53.4 in October 2026 from a preliminary of 52.8, and down slightly from Septembers 11-month high of 53.8. The reading showed that growth in Germany’s private sector slowed slightly but remained robust, as activity in the services sector eased (52.5 vs. 52.9), while manufacturing growth ...
As of 11/8/26 2:25am. Last new 11/6/26 3:41pm.
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