The Turkish lira traded at TRY 8.35 per USD on 30 October, which marked a 7.5% month-on-month depreciation and a...
Latest Global Economic News
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Turkey: Lira slides to new record low amid rising geopolitical tensions -
Mexico: Remittances growth quickens to six-month high in September Remittances totaled USD 3.6 billion in September (August: USD 3.6 billion), representing a whopping 15.1% increase from the same month... -
Australia: RBA cuts rates to new all-time low in November; ramps up bond-buying plans At its monetary policy meeting on 3 November, the Reserve Bank of Australia (RBA) decided to cut the cash rate... -
Denmark: Business confidence improves slightly in October Business confidence among firms in the manufacturing sector increased mildly in October to minus 7, from September’s minus 11. As... -
Korea: Inflation declines to lowest level since June in October Consumer prices fell 0.56% in October over the previous month, contrasting September’s 0.66% rise. October’s result marked the sharpest fall... -
Malaysia: Bank Negara Malaysia holds rate again in November At its 3 November meeting, the Monetary Policy Committee of Bank Negara Malaysia (BNM) kept the overnight policy rate at... -
Kenya: Inflation increases in October Consumer prices increased 0.95% in seasonally-adjusted month-on-month terms in October, following September’s flat reading. October’s print largely reflected higher prices... -
Portugal: Industrial output growth loses pace in September Industrial output increased 2.9% in year-on-year terms in September, which was a deterioration from August’s 4.2% increase. The slowdown was... -
New Zealand: Consumer confidence at eight-month high in October The ANZ-Roy Morgan consumer confidence indicator jumped to 108.7 in October from September’s 100.0. Therefore, it moved above the 100-threshold... -
Hong Kong: Retail sales contract again in September Retail sales fell 13.4% compared to the same month a year earlier in September, matching August’s revised result (previously reported:...