Mozambique’s new central bank governor, Felisberto Navalha, announced measures aimed at boosting foreign exchange supply in the southeast African nation that’s been struggling with shortages for months.
Inflation in Europe’s top economies jumped to the highest level in years following the latest upswing in energy markets, focusing attention on what the European Central Bank will do next to tame prices.
Mexico’s government is increasingly confident about a possible trade deal with the US that includes reduced tariffs on key exports like steel, aluminum and light vehicles, according to multiple Mexican officials familiar with the situation.
The Bank of England warned that elevated hedge fund leverage in gilts, alongside exposure to artificial intelligence assets and corporate debt, raise the risk of stress spilling across markets.
Chile had its worst month of copper output in more than 15 years in August, deepening a slump in the biggest supplier of the metal that helps explain a tightening global market and record prices.
The US merchandise-trade deficit unexpectedly widened in August, reflecting a jump in the value of imports of industrial supplies such as petroleum products.
Chinese President Xi Jinping said China’s economy has proven resilient and dynamic, urging efforts to meet full-year targets and ensure a good start to the 15th five-year plan.
They seem like minor and isolated events: Western nations withholding components for an Israeli submarine; Dutch customs agents searching passengers landing from Tel Aviv; a shipment for Israeli defense company Elbit Systems Ltd. held at a Malaysian port.
Valuations in artificial intelligence remain vulnerable to a “sharper correction” than experienced in July, the Bank of England warned, noting the widespread implications of such a crash for global growth and sovereign bond yields.
Polish inflation rate accelerated beyond the central bank’s target range in September, exactly as predicted by economists, with fuel prices jumping at the the fastest rate in four years.
The Swiss National Bank continued to sell francs in the second quarter, following through on its “increased willingness” to intervene against a stronger currency.