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News
RBA's Hunter flags deliberate cooling in housing and broader growth
5+ day, 13+ hour ago (224+ words) Earlier weight on AUD: The RBA isn't apologising for slowing the economy down, it says that's exactly the point. RBA Assistant Governor Hunter said the bank is looking to cool things off in the housing market and broader economy, wanting…...
UK mortgage borrowing slows in July, though consumer borrowing continues to hold up
1+ week, 5+ day ago (270+ words) Net mortgage approvals were seen falling in July to 56,100, and that is well below the previous 6-month average of 60,800. Adding to that, the net borrowing of mortgage debt by individuals decreased to £4.3 billion in July - down from £7.7 billion in June....
Germany retail sales slump heavily in July after end of fuel discounts
1+ week, 5+ day ago (299+ words) Death, taxes, and German economic data disappointing on estimates. What else is new. This is another really poor reading, though it is exacerbated by a positive revision to the June figure. But still, it's a very poor start to consumer…...
UK retail sector remains under pressure as CBI survey shows sharp sales decline
2+ week, 4+ day ago (243+ words) The UK retail sector faced worsening trading conditions in August, according to the latest CBI Distributive Trades Survey, as sales volumes fell at their fastest pace in over a year and business sentiment deteriorated further. The CBI's retail sales balance…...
France August consumer confidence 86 vs 87 expected
2+ week, 5+ day ago (471+ words) French consumer confidence remained unchanged in August, with the headline indicator holding at 86. Confidence remains significantly below its long-term average of 100. Households look more focused on saving rather than spending, reflecting persistent concerns about the economic outlook and employment prospects....
US Conference Board August consumer confidence 89.4 vs 90.2 expected
2+ week, 5+ day ago (115+ words) This isn't a good read but this indicator is rarely a market mover. AMD could soar 40% on data-center CPU gains, but easy money's gone as it challenges Nvidia's moat. SpaceX commits $100B to build Louisiana spaceport, a massive bet on Starship's…...
New Zealand Q2 retail sales have slowed much worse than expected
2+ week, 6+ day ago (164+ words) New Zealand Retail Sales Q2 2026: NZD is little changed circa 0.5973 Trump said the military is the "ultimate intervention" for rising Treasury yields after Bessent's debt buyback failed to hold gains, a remark that left reporters and analysts struggling to identify any…...
EU consumer confidence -15.5 versus -16.3 expected
3+ week, 1+ day ago (158+ words) Every month, the Directorate-GeneralEconomic and Financial Affairs (DG ECFIN) of the European Commission releases the flash CCI for the EU andeuro-area aggregates, using the data available on the cut-off date. The final Consumer Survey results are thenpublished as part of…...
UK retail sales fall in July as early summer buzz fades
3+ week, 2+ day ago (228+ words) The drop in July comes mostly from non-food store sales as well as non-store retailing, with ONS noting that the lower activity in July can be attributed to "demand being brought forward to June because of earlier than usual promotional…...
Atlanta Fed GDPNow downgrades Q3 growth estimate to 4.03% vs 4.31% prior
3+ week, 5+ day ago (208+ words) The Atlanta Federal Reserve’s GDPNow model lowered its estimate for US real GDP growth in the third quarter of 2026 to 4.03%, down from 4.31% on August 14. Despite the downgrade, the latest estimate still points to a strong pace of economic expansion, although…...