Economic events

The UK’s budget gap is widening and markets want to know Reeves’ fix
Britain’s Chancellor of the Exchequer Rachel Reeves (C) reacts during a visit to the Sir Ludwig Guttmann Health and Wellbeing Centre in east London on July 3, 2025, where they launched the Government’s new Health Plan. Jack Hill | Afp | Getty Images “I said on day one that economic growth was now our national […]
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Japan bond yields hit multi-decade highs as fiscal fears mount ahead of election
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s benchmark 10-year government bond yield climbed to its highest level since 2008 on Tuesday as concerns about fiscal spending mount ahead of an upper house election. Yields on the 10-year instrument climbed to 1.599%, the highest […]
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‘To be free in this world, you must be feared’: France’s Macron calls for defense spending boost
France’s President Emmanuel Macron arrives to deliver a speech to army leaders at l’Hôtel de Brienne in Paris on July 13, 2025, on the eve of the annual Bastille Day Parade in the French capital. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron on Sunday announced plans for a substantial increase in […]
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Wall Street sounds alarm on Europe’s economy over renewed U.S. tariff threat
U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning that the move could trigger a “prolonged and deeper economic slowdown” across the continent and potentially force the European Central Bank to cut rates. Trump revealed the new rates in letters to European Commission President Ursula von […]
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Asia-Pacific markets set to open lower as investors assess Trump’s 30% tariffs on EU and Mexico
Asia-Pacific markets open mixed Asia-Pacific markets started the day mixed Monday. As of 8.10 a.m. Singapore time, Japan’s Nikkei 225 benchmark lost 0.33% while the broader Topix index ticked down 0.21%. In South Korea, the Kospi index was up 0.22% while the small-cap Kosdaq moved up 0.19%. Over in Australia, the S&P/ASX 200 benchmark was down 0.1%. — […]
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Treasury posts unexpected surplus in June as tariff receipts surge
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | Reuters The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout […]
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Jamie Dimon has a blunt message for Europe: ‘You’re losing’
Key Points Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S. The JPMorgan Chase boss also told an event in Ireland that there was “complacency in the markets” around U.S. tariffs and rates. Dimon said he saw […]
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China’s deflationary slide is worsening as companies spiral into price wars
Key Points There’s a pattern in China: companies rush into an industry, then resort to discounts to stay afloat. “On the surface you’re dominating, but deep inside you’re paying a high price to dominate,” an economist said. The escalation of tariffs has made Chinese manufacturers more determined to build factories overseas, “potentially generating redundant supply […]
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CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates
Construction work around the Federal Reserve building on Sept. 17, 2024 in Washington, DC, U.S. Anna Moneymaker | Getty Images News | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. The […]
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