Australia’s household spending surges, lifting rate hike bets
Strong spending data bodes well for Q4 GDP Shoppers lured by year-end sales events, discretionary spending jumps Swaps…
Euro zone business activity expands at fastest pace in 30 months in November, PMI shows
Dec 3 (Reuters) – Business activity in the euro zone expanded at its fastest pace in two-and-a-half years…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
Strong start to online holiday shopping masks signs of a fragile U.S. consumer
Item 1 of 3 A holiday sale sign is displayed in a window at an outlet mall in…
UK set for faster growth in 2026, slower inflation, OECD forecasts
UK growth revised up to 1.2% in 2026, rising to 1.3% in 2027 Inflation forecast to slow from…
Tariffs, AI boom could test global growth’s resilience, OECD says
Global growth seen at 3.2% in 2025, easing to 2.9% in 2026 US growth revised up to 2%…
Canada budget deficit over first six months of 2025/26 rises to C$16.09 bln
Item 1 of 2 Canada’s Prime Minister Mark Carney meets local ironworkers in Calgary, Alberta, Canada November 27,…
South Africa’s Eskom sees annual profit matching last year’s after strong first half
JOHANNESBURG, Nov 28 (Reuters) – South African state power utility Eskom said on Friday that it expected this…
Euro zone growth, inflation on benign path, keeping rate cut bets muted
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations…
Merz hopes to avoid German coalition crisis with vow to overhaul pensions
Coalition agrees on deep overhaul of pensions system in 2026 Hopes move will assuage concerns about new pensions…
UK housing demand seen recovering on clearer post-budget outlook
Budget clarity seen removing key obstacle for buyers Analysts see pent-up demand lifting spring sales HBF warns UK…
Canada unveils more measures to protect tariff-hit steel, lumber sectors
OTTAWA, Nov 26 (Reuters) – Canada will offer more support to help the steel and lumber industries deal…