Latest Finance-Economy News
Canadian CPI Inflation Data Released Monday Amid BoC Policy Hold
Canada refreshes December CPI figures on Monday, an unusual release day, unlikely to sway the Bank of Canada ahead of its January 28 decision. Analysts expect a rebound from core meltdown but maintain a protracted pause narrative with hikes penciled later. High bar set against further easing or negative rates.
Bank of Japan Faces Political Constraints on Policy
BOJ decision this week may impact global markets amid politics constraining easing. Expected to hold while others like Bank Indonesia, Bank Negara Malaysia, and Norges Bank remain on hold. Turkey's central bank anticipated to cut again on Thursday.
Global PMIs and Key Economic Indicators Surge This Week
Purchasing managers’ indices for January release from Australia, Japan, Eurozone, UK, US, and India starting Thursday. Readings above 50 signal growth; most regions hover just above with India's rapid expansion. UK CPI expected near 3.25% y/y Wednesday.
Australia Jobs Data Expected to Rebound After November Setback
Australia updates December job market figures Wednesday following -21k drop in November, with full-time jobs hit by -57k. Solid trend anticipated to resume. Ties into broader PMI releases Thursday evening.
WEF Chief Warns Debt and Geopolitics Threaten Global Growth
Davos 2026 theme 'A Spirit of Dialogue' convenes leaders from January 19-23 to address shared challenges. Borge Brende highlights debt and geopolitics as key risks. Focus on WTO support and rule-based trade.
Trump Leads Largest US Delegation to Davos 2026
Donald Trump set to lead record US delegation to WEF next week. Emphasizes making products in America or face tariffs. Also demands immediate interest rate drops.
Trade Wars from Trump Tariffs Called 'Catastrophic' by WTO Chief
WTO head warns Trump-inspired tariffs would devastate global trade at Davos. Economic nationalism debated but tariffs not seen as solution by panellists. Ties into broader geopolitical tensions.
India Attracts Massive Investments at Davos 2026
Telangana inks MoUs worth Rs 1.79 lakh cr; India showcases Rs 20 lakh cr investment returns. Ashish Vaishnaw stresses 6-8% growth via inclusive policies, manufacturing shift. Talent and trust drive factory investments.
UK's Rachel Reeves to Relax Non-Dom Rules Amid Millionaire Exodus
Chancellor plans changes to non-dom tax status as wealthy flee UK. Announced amid Davos discussions on global fiscal policies. Aims to stem capital outflow.
China Loan Prime Rates Set for Announcement Tuesday
People's Bank of China to reveal 1Y and 5Y Loan Prime Rates at 01:15 AM Tuesday. Consensus at 3% for 1Y, 3.5% for 5Y. Follows recent Balance of Trade data.
Eurozone Industrial Production Data Due Tuesday
EA Industrial Production MoM forecast at 0.2%, YoY at 2% for release at 10:00 AM. Follows Balance of Trade at €19.5B consensus. Key for growth assessments.
US NFIB Business Optimism Index Tuesday
NFIB index forecast at 99.3, previous 99.5, actual pending Tuesday 11:00 AM. Tracks small business sentiment amid global economic signals. Export/Import prices also due.