The U.S. economy is better than it looks — but it might be due for a slowdown

There are just a couple of expiries to take note of on the day, as highlighted in bold below. The first being for EUR/USD at the 1.1400 level once again. With the dollar extending a little lower after the softer US CPI report yesterday, the expiries above may not factor too much into play. But…

Prime minister Andy Burnham arrives at 10 Downing Street. Picture by Lauren Hurley / No 10 Downing Street Andy Burnham, the UK’s new prime minister, has marked his first full day in office by making a number of changes to how government works, including the creation of an Office for the Prime Minister and the…

A lot of cars are lined up for importing and exporting cars to the port. Kokouu | E+ | Getty Images Japanese automakers are looking vulnerable to fallout from the Iran war and any turnaround in the yen. Toyota, Honda and Nissan benefited in their most recent quarterly reports from a historically weak currency, with…

Introductory speech by Christine Lagarde, President of the ECB, at the ECB Forum on Central Banking 2026 “Shaping Europe’s future: innovation, growth and stability” in Sintra, Portugal Sintra, 29 June 2026 It is a pleasure to welcome you to the ECB Forum on Central Banking. Over the past 15 years, the euro area faced an…

Microsoft (MSFT +0.35%) has had an interesting 2026. It started off the year on a poor note, dropping after it reported results for its fiscal 2026 second quarter (which ended Dec. 31). After further ups and downs through the year, it took the delivery of strong fiscal Q4 results on July 29 to get the…

Even with the Russian economy suffering from low growth, high inflation, and relentless Ukrainian long-range drone strikes on energy infrastructure, President Vladimir Putin has thrown fiscal caution to the wind and allowed the government’s budget deficit to balloon to 2.8% of GDP. It isn’t likely to end well. MUNICH—The broad consensus among Russia-watchers is that…