On 29 September, the Governing Board of the Bank of Mexico (Banxico) opted to raise the target for the overnight...
Latest Global Economic News
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Mexico: Banxico hikes by 75 basis points in September -
Denmark: Business sentiment becomes more pessimistic in September Business sentiment came in at minus 9.0 in September, down from August’s minus 2.0. As such, the index moved further... -
Colombia: BanRep raises policy rate 100 basis points in September At its 29 September meeting, the Board of Directors of Colombia’s Central Bank (BanRep) increased the benchmark interest rate by... -
Korea: Month-ahead business confidence among manufacturing firms records worst reading in two years The forward-looking estimate for business confidence among manufacturing firms fell to 75.0 in October from September’s 82.0. October’s result marked... -
Kenya: Central Bank surprises markets by delivering largest hike in over seven years in September At its 29 September meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya resumed its tightening cycle... -
Vietnam: Growth accelerates sharply amid a base effect in Q3 Preliminary data shows that GDP growth soared to 13.7% year on year in the third quarter, up from 7.8% in... -
Netherlands: Business confidence drops to over one-year low in September Business confidence fell to 2.6 in September from August’s 4.6. September’s result marked the weakest sentiment since February 2021. As... -
Canada: Economic activity growth stable in July GDP rose 0.1% month-on-month in seasonally-adjusted terms in July (June: +0.1% mom). Looking at the details of the release, the... -
Portugal: Consumer confidence records worst reading since April 2020 in September Consumer confidence came in at minus 35.8 in September, down from August’s minus 31.1. September’s result marked the worst performance... -
Thailand: Central Bank hikes rates further in September; hints at further tightening ahead At its 28 September meeting, the Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) hiked the policy rate...