Economic news

Discover the largest economies in the world by GDP, their impact on global markets, and what they mean for traders.

The Japanese yen continues to attract safe haven demand despite its fiscal crisis

Markets are increasingly confident that the Reserve Bank of Australia (RBA) will cut interest rates at its 20 May policy meeting, with cash rates futures pricing as of May 19th suggesting a 96% chance of a 25 basis point reduction.

The UK economy grew more than expected in Q1 despite warnings about a recession, but the outlook remains clouded by the threat of tariffs

Risk assets are pushing higher as investor optimism builds around the prospect of easing trade tensions between the US and key global partners.

Global markets rallied to start the week on signs of renewed diplomatic momentum between the United States and China, following constructive messages from both sides during high-level trade talks in Switzerland.

Australia’s labour market and wages data for the March quarter and April month are set to take centre stage this week, with implications for the Reserve Bank of Australia's (RBA) upcoming interest rate decision on May 20.

FOMC Preview May 2025

Eurozone consumer prices rise unexpectedly in April questioning the ECB's proactive approach to cutting rates

The US economy shrinks in the first quarter of 2025 as a result of Trump's aggressive trade strategy