Economic events
Asia-Pacific markets trade mixed as investors assess China data, escalating Israel-Iran tensions
Anshun bridge reflecting in the Jinjiang river at dusk in Chengdu, Sichuan Province, China. © Philippe Lejeanvre | Moment Open | Getty Images Asia-Pacific markets traded mixed Friday as investors assessed China data and monitored escalating tensions between Israel and Iran. U.S. President Donald Trump is now weighing on whether to back the Israeli military […]
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CNBC’s Inside India newsletter: Is India’s hot IPO market cooling, or is it a blip?
A lenskart shop as seen in Kolkata , India, (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what […]
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Bank of England holds rates steady, but a summer cut could still be in the cards
Exterior of the Bank of England in the capital’s financial district, on Feb. 6. 2025 in London, England. Richard Baker | In Pictures | Getty Images The Bank of England kept its key interest rate on hold at 4.25% during its Thursday meeting, with economists expecting the central bank to wait until August before it […]
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CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices […]
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CNBC Daily Open: Stagflation on the Fed’s mind
U.S. Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin Ozturk | Anadolu | Getty Images At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices — was a recurring one. “Everyone that I […]
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UK inflation lingers at 3.4% in May, bolstering case for interest rate hold
Bags of potatoes grown in the United Kingdom at the D & F McCarthy Ltd. fresh fruit and vegetable wholesaler in Norwich, UK, on Tuesday, Feb. 28, 2023. An acute shortage of salad items on UK supermarket shelves has sparked a political debate, with some people in the industry blaming Brexit while others say its […]
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U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
U.S. Treasury yields fell on Tuesday after retail sales narrowed more than Wall Street economists had expected, lifting bond prices and raising concern that the economy is headed for a slowdown or even a recession. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to 4.387%, while the 2-year Treasury […]
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Gold outshines Treasurys, yen and Swiss franc as the ultimate safe haven
“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. Sven Hoppe | Picture Alliance | Getty Images SINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens […]
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Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday, as investors assessed the Israel-Iran conflict after U.S. President Donald Trump urged “everyone” to immediately evacuate Tehran. The president subsequently left the Group of Seven summit a day earlier due to the Middle East crisis. Fitch Ratings […]
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The UK insisted unpopular tax rises were a one-off. Economists say hikes are now inevitable
Oxford Street on May 2 2025, in London. Mike Kemp | In Pictures | Getty Images When U.K. Chancellor Rachel Reeves announced her government budget last fall, unveiling a £70 billion ($95 billion) boost to public spending to be funded by higher borrowing and £40 billion in tax rises, which mostly hit British businesses, she […]
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