Latest bank decision: At its meeting on 12 August, the Central Bank decided to cut the cash rate by 25...
Latest Global Economic News
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Australia: Central Bank cuts rates in August -
Switzerland: Manufacturing PMI falls in July; services PMI slumps Latest reading: The UBS/procure.ch Manufacturing Purchasing Managers’ Index (PMI) came in at 48.8 in July, down from June’s 49.6. Consequently,... -
Taiwan: Merchandise exports gain steam in July Latest reading: Merchandise exports soared 42.0% annually in July, following June’s 33.7% upturn and well above market expectations. The outturn... -
Taiwan: Inflation increases in July but remains mild Latest reading: Inflation ticked up to 1.5% in July from June’s 1.4%. The reading was driven by rising price pressures... -
Kuwait: Kuwait crude output rises in July Latest reading: Kuwait oil output rose to 2.45 mbpd (million barrels per day) in July from 2.44 mbpd in June.... -
Nigeria: Nigerian oil production rises in July Latest reading: Brent crude oil prices averaged USD 69.56 per barrel in July, down 0.4% from June. On 31 July,... -
Finland: Current account swings to surplus in June Latest reading: The current account posted a EUR 1.2 billion surplus in June, improving from the EUR 0.1 billion deficit... -
Turkey: Current account deficit increases in June Latest reading: The current account posted a USD 2.0 billion deficit in June, deteriorating from the USD 0.8 billion deficit... -
Saudi Arabia: Saudi Arabian oil output continues to rise strongly in July Latest reading: Brent crude oil prices averaged USD 69.56 per barrel in July, down 0.4% from June. On 31 July,... -
UAE: UAE oil output rises again in June Latest reading: Brent crude oil prices averaged USD 69.56 per barrel in July, down 0.4% from June. On 31 July,...