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New Zealand Labor Costs Accelerate in Q2 2026, Signaling Rising Wage Pressures
New Zealand’s Labor Cost Index (LCI) picked up pace in the second quarter of 2026, underscoring mounting wage pressures in the economy. According to the latest data updated...
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New Zealand Employment Growth Accelerates to 0.5% in Q2 2026
New Zealand’s labour market showed firmer momentum in the second quarter of 2026, with employment rising 0.5% quarter-over-quarter, up from a 0.2% increase in the first quarter of the year...
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South Korea FX Reserves Increase in July
South Korea’s foreign exchange reserves rose to $427.9 billion at the end of July 2026, up from $427.4 billion at the end of June. Securities remained the largest component, totaling...
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US Oil Stocks Increase Despite Draw Forecast
US crude oil inventories increased by 2.69 million barrels in the week ending July 31, contrary to expectations for a 2-million-barrel draw. This followed a build of 3.3 million barrels...
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Ibovespa Inches Lower Ahead of Copom Decision
The Ibovespa slipped 0.1% on Tuesday, closing at 177,895, weighed down by declines in financial and energy stocks. Petrobras lost 1.3%, tracking weaker crude prices amid optimism that the United...
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South Korea’s FX Reserves Edge Higher to $427.95 Billion in July
South Korea’s foreign exchange reserves increased modestly in July 2026, rising to USD 427.95 billion from USD 427.36 billion in June 2026, according to the latest data updated...
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TSX Reaches Record High
The S&P/TSX Composite Index climbed 1.6% to a record close of 35,802 on Tuesday, supported by optimism over a potential US–Iran peace deal. Oil prices retreated after Qatar said mediators...
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U.S. API Crude Oil Stocks Decline, But at a Slower Pace in Latest Weekly Data
U.S. crude oil inventories tracked by the American Petroleum Institute (API) continued to fall in the latest reporting week, though the pace of drawdown eased compared with the prior period...
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US Stocks Hit Record Highs as Strong Earnings Fuel Rally
US stocks finished sharply higher on Tuesday, with the S&P 500 and Dow Jones both closing at new record highs. The rally was driven by strong corporate earnings...
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DAX Rises to New Peak
The DAX 40 closed about 0.8% higher at 26,223 on Tuesday, setting a fresh record high and marking a fourth straight session of gains, driven mainly by technology and AI-related...