NEWS
Euro Area Services Sector Fuels Business Activity Recovery in July
Final services PMI for July stands at 51.7, up from a preliminary 51.6, marking a five-month high. The composite PMI reached 52.0, indicating a broad-based rec…
…
VDEA News
News and analysis on important movements in Vietnam and the world across economy, finance, business, politics, technology, science and society.
The Bank of Japan's Policy Board voted 7-1 to increase the policy interest rate by 0.25 percentage points to 1.0%, with concerns over inflation risks outweighing growth worries. The board decided to maintain the current pace of JGB purchase reductions until early 2027, halting further tapering to prioritize market stability.
Read storyFinal services PMI for July stands at 51.7, up from a preliminary 51.6, marking a five-month high. The composite PMI reached 52.0, indicating a broad-based rec…
Bank of England Governor Andrew Bailey stated that current economic conditions do not indicate immediate second-round inflation effects, while remaining vigila…
Switzerland's consumer price index (CPI) rose by 0.4% in July, matching expectations but reflecting a slight decline in headline inflation. Core inflation rema…
The USDJPY has seen a significant drop, influenced by speculation of potential intervention. Meanwhile, U.S. economic indicators show a slowing growth rate but…
The ANZ-Roy Morgan consumer confidence index in New Zealand increased by 8 points to 99.3 in July, marking a third consecutive monthly rise. While the index re…
South Korean foreign exchange authorities executed a rare dollar-selling intervention on Thursday, aiming to stabilize the local currency amid ongoing market v…
Despite rising inflation, Spain's economy showed stronger-than-expected performance in Q2, driven primarily by domestic demand. The annual GDP growth rate rema…
China's Politburo has committed to accelerating spending on pre-approved infrastructure projects rather than introducing new stimulus measures, following disap…
The Bank of Japan (BOJ) has decided to keep its short-term interest rate target at 1.00%, following a previous hike. While this decision was anticipated, a dis…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknow…
Canada's real GDP increased by 0.3% in May, surpassing the 0.2% forecast. This marks the second consecutive monthly rise, driven by broad-based growth across v…
The U.S. economy grew at an annualized rate of 1.5% in Q2, below expectations, but consumer spending remained robust. Inflation data indicates a gradual easing…
Bank of England Governor Andrew Bailey noted that disinflation is occurring at a slow pace, with a gradual weakening of the labor market. The central bank held…
