Australia's Inflation Rate Takes a Surprising Dip to 2.1% in Q2 2025
Australia's inflation rate decreased to 2.1% in Q2 2025, with core inflation at its lowest since December 2021, according to the Australian Bureau of Statistics.
Economy News
US Treasury's $44B 7-Year Note Auction Draws Strong Demand with 4.092% High Yield
The US Treasury's $44 billion seven-year note auction saw a high yield of 4.092%, with a strong bid-to-cover ratio of 2.79. Indirect bidders took the majority, highlighting robust ...
US Corporate Capex to Soar Through 2026 Driven by AI and Energy Demand, Fitch Reports
Fitch Ratings predicts sustained high levels of US corporate capital spending through 2026, fueled by AI demand, energy needs, and executive orders, with the utility sector seeing ...
U.S. Oil Reserves Surge: A Closer Look at the 1.53 Million Barrel Increase and Its Market Impact
The United States has reported a 1.53 million barrel increase in crude oil inventories for the week ending July 25, with significant changes in distillate and gasoline stockpiles, ...
US and China Forge Constructive Dialogue on Trade and Technology: A New Chapter?
US Treasury Secretary Scott Bessent described recent talks with China as "very constructive," focusing on de-risking in trade, rare earths, and technology. China made concessions o...
Trump Announces Potential 20% to 25% Tariff on India Amid Unfinalized Trade Deal
US President Donald Trump announced a potential 20% to 25% tariff on India, citing high tariffs imposed by India. The announcement, made without a finalized trade deal, highlights ...
US Housing Market Sees Slight Dip in May with Regional Variations Highlighted by FHFA
The FHFA report reveals a 0.2% decrease in US house prices in May, with an annual increase of 2.8%. Regional variations show the West South Central and New England divisions leadin...
US Housing Market Shows Resilience: S&P/Case-Shiller Reports 2.3% Price Increase in May
The US housing market experienced a 2.3% increase in house prices in May, according to S&P CoreLogic/Case-Shiller. Regional variations were significant, with New York seeing a 7.4%...
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