Macro

Japan and US launch first joint yen intervention since 2011 to halt slide to 40-year low

Finance Minister Satsuki Katayama will announce Monday that Tokyo and Washington took coordinated action in currency markets after the yen hit its weakest since 1986. Analysts estimate Japan sold somewhere between about $53 billion and $59 billion, and the US Treasury told banks to prepare for further steps.

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Macro·15h ago

Romania narrowly avoids junk rating as Fitch initially planned downgrade, BNR advisor reveals

Eugen Rădulescu, BNR governor advisor, said Fitch initially planned to cut Romania's rating to junk, but the government and central bank provided extra information that led to a reprieve. He warned the danger is now greater due to stalled reforms.

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Macro·Jul 24

ECB opens public vote on new euro banknote designs, first full redesign since 2002

Ten designs across two themes, European culture and rivers & birds, are up for public consultation until 21 September 2026, ahead of the first full redesign since the euro's launch in 2002.

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Macro·Jul 23

ECB holds rates at 2.25% but signals September hike as oil hits $100 on Iran war escalation

The European Central Bank left its deposit rate at 2.25% on Thursday but warned that a fresh jump in energy prices, with Brent crude touching $100 a barrel, could force another increase in September.

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Macro·from Jul 29·upd. 2d ago

Three Fed dissenters push for rate hike as bond market selloff casts doubt on inflation fight

The Federal Reserve kept interest rates unchanged for a fifth straight meeting as three voting members broke ranks to demand immediate tightening, triggering a Treasury selloff that pushed 30-year yields to a 19-year high.

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Macro·Jul 23

ECB holds deposit rate at 2.25% as Strait of Hormuz crisis keeps Brent crude near $100 and September hike looms

The European Central Bank held its key interest rates on Thursday, pausing after June's first hike in three years, as it gauges the inflation fallout from the blocked Strait of Hormuz and Brent crude near $100.

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Macro·from Jul 31·upd. 2d ago

Bank of Japan holds rate at 1%, warns it could accelerate hikes as yen intervention talks intensify

Governor Kazuo Ueda said the central bank could speed up interest rate increases after keeping borrowing costs steady, while Japan and the US appeared to coordinate on propelling the yen higher.

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Macro·Jul 23

Poland's unemployment rate drops to 5.8% in June, but year-on-year jobless count up by over 100,000

Registered unemployment in Poland fell to 5.8% in June from 5.9% in May, but the number of jobless remains over 100,000 higher than a year ago, reflecting a labour market that is cooling without sharp deterioration.

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Macro·2d ago

Polish inflation jumps to 3% in July as fuel prices surge 15.8% after subsidy ends and oil spikes

Poland's annual CPI rose to 3.0 percent in July from 2.5 percent in June, pushed by a 13.9 percent monthly jump in fuel prices after the government's CPN subsidy lapsed and Brent crude climbed near $100 on Strait of Hormuz fears.

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Macro·Jul 24

UK consumer confidence surges six points to -17 in July, largest gain since 2023, amid new PM and World Cup

GfK index rises to -17, the largest monthly gain since November 2023, driven by optimism over new PM Andy Burnham, England's World Cup run, and summer heatwaves.

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Macro·Jul 23

ECB holds rates at 2.25% as energy shock from Middle East conflict clouds inflation outlook

The European Central Bank left its deposit rate unchanged at 2.25% on Thursday, judging that the full inflationary impact of the Middle East conflict and surging oil prices has yet to materialise.

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Macro·from Jul 28·upd. 3d ago

Global tech rout deepens as KOSPI plunges 10.8%, AI spending fears rattle markets

South Korea's benchmark index suffered its worst session in months, triggering a trading halt, as fears over AI infrastructure spending and Chinese competition rippled through global markets.

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Japan and US launch first joint yen intervention since 2011 to halt slide to 40-year low

Romania narrowly avoids junk rating as Fitch initially planned downgrade, BNR advisor reveals

ECB opens public vote on new euro banknote designs, first full redesign since 2002

ECB holds rates at 2.25% but signals September hike as oil hits $100 on Iran war escalation

Three Fed dissenters push for rate hike as bond market selloff casts doubt on inflation fight

ECB holds deposit rate at 2.25% as Strait of Hormuz crisis keeps Brent crude near $100 and September hike looms

Bank of Japan holds rate at 1%, warns it could accelerate hikes as yen intervention talks intensify

Poland's unemployment rate drops to 5.8% in June, but year-on-year jobless count up by over 100,000

Polish inflation jumps to 3% in July as fuel prices surge 15.8% after subsidy ends and oil spikes

UK consumer confidence surges six points to -17 in July, largest gain since 2023, amid new PM and World Cup

ECB holds rates at 2.25% as energy shock from Middle East conflict clouds inflation outlook

Global tech rout deepens as KOSPI plunges 10.8%, AI spending fears rattle markets

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