ICE cotton slips as crude oil falls, market eyes USDA data
ICE cotton futures weakened on Wednesday as falling crude oil prices discouraged cotton buying. Unlike grain markets, US…
Germany’s inflation holds at 2% in July; core inflation at 2.7%
Germany’s annual inflation rate stood at 2 per cent in July 2025, unchanged from the previous month, according…
Turkiye’s unemployment rate up 0.2 pp MoM to 8.6% in Jun 2025
The number of unemployed in Turkiye aged 15 and above increased by 52,000 month on month (MoM) to…
Economic sentiment picks up in both EU, euro area in Jul 2025
The economic sentiment indicator (ESI) picked up in both the European Union (EU: plus 1 point to 95.3)…
Current account surplus rises, IMF calls for Japan fiscal reform
The IMF has assessed Japan’s 2024 external position as broadly aligned with medium-term fundamentals and desirable policy settings…
Poland may lose $2.16 bn due to US tariffs on European goods: PM Tusk
Preliminary estimates show Poland may lose around 8 billion zlotys (~$2.16 billion) due to new US tariffs on…
Euro area gains ground externally, IMF cautions on imbalances
The euro area posted a moderately stronger external position in 2024, supported by a rebound in its current…
Turkiye’s central bank cuts key interest rate by 3 pps to 43%
Turkiye’s central bank (CBRT) yesterday cut its key interest rate by three percentage points to 43 per cent.…
UK’s external position weakens amid strong pound: IMF
The UK’s current account (CA) deficit widened to 2.7 per cent of GDP in 2024, underscoring structural imbalances…
India urged to liberalise FDI, reduce trade barriers: IMF
The International Monetary Fund (IMF) has recommended India to reduce import restrictions, particularly on intermediate goods, and liberalise…
Dutch economy faces trade tensions, elevated inflation: IMF
The Dutch economy is currently grappling with multiple challenges, including rising trade tensions and domestic policy uncertainty, according…
France’s real GDP growth is projected to slow to 0.6% in 2025
France’s real GDP growth is projected to decelerate to 0.6 per cent in 2025, down from 1.1 per…