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Turkey’s Net FX Reserves Jump to 55.04%, Marking Strong Improvement in External Buffers
Turkey’s net foreign exchange (FX) reserves have risen sharply, with the indicator climbing from 45.39% to 55.04%, according to data updated on 9 July 2026. The latest reading signals...
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Turkey’s Gross FX Reserves Climb to $61.95B, Marking Strong Upswing
Turkey’s gross foreign exchange reserves rose to $61.95 billion, up from a previous level of $54.25 billion, according to the latest data updated on 09 July 2026. The increase...
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Russia Federal Budget Gap Widens in January-June
According to preliminary estimates, the Russian federal budget posted a deficit of RUB 5.73 trillion in January–June 2026, equivalent to 2.5% of GDP. This compares with a deficit...
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Palladium Hovers Near Nine-Month Low
Palladium was trading near $1,240 per ounce, hovering close to its lowest level since early October, as investors remained cautious about escalating tensions in the Middle East and their potential...
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South Africa Factory Output Falls More than Expected
Manufacturing activity in South Africa contracted by 4.3% year-on-year in May 2026, deepening from a 2.9% decline in April and exceeding market expectations of a 3.2% drop. The figures confirm...
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EU Gas Prices Rise to 1-Month High
European natural gas prices rose to €49.8 per MWh on Thursday, their highest level in a month, after gaining 5.1% in the previous session. The advance reflects mounting worries that...
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Ukraine’s Inflation Cools to 7.2% in June, Extending Disinflation Trend
Ukraine’s consumer price inflation eased to 7.2% year-over-year in June 2026, down from 8.2% in May, according to data updated on 9 July 2026. The reading reflects a continued deceleration...
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South Africa’s Manufacturing Slump Deepens in May with 4.3% Annual Drop
South Africa’s manufacturing sector contracted further in May 2026, with output falling 4.3% year-over-year, according to data updated on 9 July 2026. This marks a sharper decline than in April...
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South Africa’s Manufacturing Output Rebounds 1.1% in May, Snapping April Slump
South Africa’s manufacturing sector returned to growth in May 2026, with production rising 1.1% month-over-month, according to data updated on 09 July 2026. The increase marks a clear turnaround from...
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Egypt’s Core Inflation Edges Higher in June, Extending Upward Trend
Egypt’s core Consumer Price Index (CPI) accelerated in June 2026, signaling renewed inflationary pressures in the economy. Year-over-year core inflation rose to 14.30% in June, up from 13.80%...