Poland Sees 7.1% Deficit in 2027 as Defence Costs Surge
Poland expects its general government budget deficit to remain at 7.1% of GDP in 2027, unchanged from the level now forecast for 2026, as record military equipment deliveries drive up spending. Finance Minister Andrzej...
U.S. Services Sector Drives Sharp August Business Activity Surge
The U.S. services sector recorded its strongest growth in nearly two years in August, driving a sharp acceleration in overall business activity and more than offsetting slower manufacturing growth. S&P Global’s flash Services PMI...
U.S. Stock Futures Steady as Investors Weigh Inflation and Middle East Tensions
U.S. stock index futures were largely steady on Wednesday after a technology-led selloff rattled Wall Street in the previous session, as investors assessed the inflation outlook and rising geopolitical tensions in the Middle East....
Mexico Inflation Hits Six-Year Low
Mexico’s annual inflation slowed to 3.12% in July, its lowest level since May 2020, according to INEGI data. The reading fell from 3.37% in June and matched economists’ expectations. The data came a day...
Burger King Boosts Restaurant Brands Sales Growth
Restaurant Brands International surpassed second-quarter same-store sales expectations, driven by strong demand at Burger King in the United States. The fast-food giant benefited from popular value deals such as the “2 for $5” and...
Spain’s Public Works Projects Stall as Rising Costs Keep Builders Away
Spain is witnessing a sharp rise in unawarded public works tenders as construction companies pull back from bidding amid escalating costs and uncertainty linked to the Middle East conflict. According to the country’s main...
German Bond Yields Hit Two-Year High as Oil Surge Fuels ECB Rate Hike Expectations
German two-year government bond yields climbed to their highest level in two years on Monday as rising oil prices, driven by escalating tensions involving Iran, strengthened expectations that the European Central Bank (ECB) will...
Canadian Stock Futures Rise as Falling Oil Prices Boost Market Sentiment
Canadian stock index futures moved higher on Monday, tracking gains across global equity markets as declining oil prices eased inflation concerns and improved investor confidence. Futures linked to the S&P/TSX Composite Index rose 0.2%...
Canada Manufacturing Growth Continues Amid Rising Supply Costs
Canada’s manufacturing sector continued to expand in June, with production, new orders, and employment all recording steady growth, according to the latest S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI). The PMI edged up...
U.S. Manufacturing Growth Slows in June as Order Surge Eases
U.S. manufacturing activity moderated in June after posting its strongest performance in three years during May, as the boost from businesses rushing to place orders ahead of potential shortages and price increases linked to...