Australia's private sector credit rose 0.7% month-on-month in July 2025, after two consecutive 0.6% gains and marking the fastest increase since April. The latest figure beat market expectations of 0.6%, driven by a sharp pickup in business credit (1.4% vs 0.5% in June).
Meanwhile, housing credit growth held steady (at 0.5%), while personal credit notably eased (0.4% vs 0.8%). Year-on-year, private credit expanded 7.2%, up from 6.9% in the previous two months and the strongest pace since February 2023.
Source : Trading Economics
The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for reduced U.S. tariffs on European cars, a key part of the trade agreement the EU and the Uni...
Pending home sales in the United States fell by 0.4% from the previous month in July of 2025, extending the 0.8% drop in the previous month to mark the first back-to-back contraction since January. P...
According to a report from the US Department of Labor (DOL) released on Thursday, the number of Americans filing new applications for unemployment insurance fell to 229,000 for the week ending August ...
The US Gross Domestic Product (GDP) grew at an annualized rate of 3.3% in the second quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This figure was better than the preliminar...
The French prime minister's decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties...
Oil edged lower to head for a monthly loss, with trading dominated by concerns about a looming glut and geopolitical tensions, including US-led efforts to end the war in Ukraine. Brent for November delivery traded near $68 a barrel, with the...
Gold traded around $3,410 per ounce on Friday (August 29th), nearing its highest level in more than a month and eyeing a second weekly gain. Support came from a weakening US dollar and demand for safe havens amid uncertainty over the direction of...
EUR/USD loses ground after three days of losses, trading around 1.1660 during the Asian hours on Friday. Traders await July Retail Sales and August preliminary Consumer Price Index (CPI) data from Germany later in the day. Focus will shift toward...
The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a...
New York Federal Reserve Bank President John Williams indicated on Wednesday that interest rates could decrease at some point, but emphasized that...
Russia launched a massive drone attack on energy and gas transportation infrastructure in six Ukrainian regions overnight, leaving more than 100,000...
The latest report on Durable Goods Orders has been released, revealing a decline of 2.8%. This metric measures the change in the total value of new...