UK debt costs surge, borrowing nears record
UK public sector borrowing rose sharply in June 2025, hitting £20.7 billion — £6.6 billion more than a year earlier…
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Inflation
Sterling edges higher, fiscal worries keep pressure on
The pound sterling inched higher against both the dollar and the euro on Monday, though it remained close to…
UK consumers more gloomy as cost of living pressures mount
UK consumer confidence posted its sharpest drop since 2022 last month, reflecting heightened concerns over job…
Oil up on summer demand optimism
Oil prices edged higher on Wednesday, supported by expectations of strong summer fuel demand in the United States…
China’s CPI drops in H1 ’25
China’s consumer price index (CPI) declined by 0.1 per cent year-on-year in the first half of 2025, while core CPI,…
EU–US trade talks enter ‘decisive phase’, German politician says
A senior German politician said on Sunday that the European Union and the United States could still reach a partial…
Gold prices climb amid trade policy uncertainty
Gold prices increased on Thursday due to a weaker dollar and the possibility of future US interest rate cuts, as…
S. Korea’s c. bank holds base rate at 2.50%
The Monetary Policy Board of the Bank of Korea (BOK) decided on Thursday to keep the Base Rate unchanged at 2.50…
Gold hits over 1-week low on stronger dollar
Gold prices fell to a more-than-one-week low on Wednesday as investors turned to the dollar following US President…
Australia’s c. bank keeps cash rate steady
Australia’s central bank held its cash rate target steady at 3.85 per cent on Tuesday, citing broadly aligned…