UK house prices continue to fall in May, Nationwide reports
UK average property prices were 3.4% lower compared to the previous year, accelerating the annual fall of 2.7% in April.
Bank of Canada Watch—Dec 2025 Meeting
The Bank of Canada on Wednesday decided to hold policy rate at 2.25% unchanged, as expected by markets. However, what is a notable is the Bank continues to show dovish bias given the recent rebound in economic data.
First sighting of Trump II tariff revenue surge
The US government on April 22 received USD 11.7 billion from customer duties in a single day, the first time we can observe a substantial increase in import duties revenue resulted from the new of tariff from the second Trump administration.
The sizes of Sept rate hike to be decided on upcoming data, Fed officials...
Ahead of Jay Powell's keynote speech in Jackson Hole on Friday, two Fed officials said more rate hikes are still warranted, but they said it's too early to decide on the size rate increase yet.
Canada GDP shrinks 0.4% in Q2, is it all gloomy?
Canada's GDP contracted by 0.4% (or 1.6% annualized) over the second quarter, amid a 7.5% (26.7% annualized) drop in exports as the impact of US-imposed tariffs started to bite.
Canada Labor Market Watch
Canada's unemployment rate dropped substantially and unexpectedly to 6.5% in November, from 6.9% in the prior month, showing signs of a much-needed resiliency in the North American economy.
How often companies in Eurozone change their prices?
An ECB survey found that the retailers review and change their prices most often, while consumer and business service firms adjust their pricing the least often. Firms in the manufacturing sector, meanwhile, have a price adjustment frequency somewhere in between the above sectors
Bank of Canada not sure about exact level of neutral rate, Macklem says
Bank of Canada isn't entirely sure what the country's natural rate of interest is and the central bank will have to discover it over time, said Governor Tiff Macklem.
Germany’s GDP Data might have been Distorted by Questionable Data
Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.
Why is the Hong Kong-US interest rate spread so persistent? — Currency peg in...
A spread of over 3.5 percentage points between US and Hong Kong Interest rate persisted for close to two months and so far arbitrage has failed to close the gap, leading to discussion of whether Hong Kong's Linked Exchange System is failing. This article, however, will explore some technical factors behind this interesting interest rate gap.
