Brazil’s central bank raised its 2026 economic growth forecast as a strong labor market and government spending support activity while also undermining tight monetary policy that seeks to slow inflation to target. Read more ›
Monetary policy is the process by which a government, central bank, or monetary authority manages the money supply to achieve specific objectives. Read more ›
This paper compares different methods for forecasting the term structure of U.S. and European zero-coupon government bonds using both traditional econometric and Machine Learning (ML) approaches. We compare classical models (e.g., Dynamic Nelson-Siegel (DNS) and Principal Component Analysis (PCA)) with different Neural Network (NN) architectures, including those inspired by the classical models, on the U.S. Treasury market and bonds issued by ... Read more ›
During trading operations on the ICE London Intercontinental Exchange, the price of the August 2026 contract for Brent crude oil exports decreased by 0 Read more ›
The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “demand attention.” “Disappointment in returns could trigger a sudden pullback in […] at The Next Web Read more ›
Located in western Nunavut, the Kitikmeot region is home to many species, from narwhal and polar bear to beluga whale and caribou. It’s also home to around 6,500 residents, most of whom are Inuit, with longstanding connections to the rich, vast ecosystems of the Arctic. But climate change is putting increasing pressure on the region […] The post appeared first on <a rel="nofollow" href=" Read more ›
The death toll from two powerful earthquakes that devastated Venezuela earlier this week has risen to 1,430, National Assembly President Jorge Rodriguez said on Saturday. Read more ›
The stablecoin giant and the Japanese financial corporation plan to deploy cross-border foreign exchange settlements as early as next year. Read more ›
Chetan Ahya, Chief Asia Economist at Morgan Stanley says with India's services sector slowing and putting the country's current account deficit at … Read more ›
Local insurers sold a net ¥201.2 billion ($1.25 billion) of Japanese sovereign debt due in more than 10 years, according to the latest Japan Securities Dealers Association data. Read more ›
In its annual report, published Sunday, the BIS -- considered the central bank of central banks -- called on monetary policy makers to "act now", to help safeguard the stability of the global economy. BIS deputy general manager Andrea Maechler acknowledged the situation was difficult. "Central banks are already facing a complex situation in a world marked by a great deal of uncertainty," she told AFP in an interview. 'Threatening financial stability' In all, BIS identified four significant pr... Read more ›
Bolivia abandoned its 15-year dollar peg on June 27, setting an opening rate of 9.73 bolivianos per dollar. The parallel market had already reached 20. The gap between the government's official rate and what the street was charging tells the story of a crisis a decade in the making. Read more ›
Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was trading at $74.95 a barrel, down 31 cents or 0.41%, while US West Texas Intermediate (WTI) crude fell 32 cents, or 0.44%, to $71.60 a barrel. Read more ›
When Brazil formally entered the Second World War in 1942, it was a very unexpected decision. President Getúlio Vargas was an autocratic strongman with close ties to all the major Axis powers. Brazil seemingly had no real reason to enter the war and its territory was not violated by any Axis member state. Nonetheless, […] Read more ›
Fed’s hawkish rhetoric under chair Kevin Warsh has flattened the yield curve Read more ›
BANGKOK (AP) — Shares plunged Friday in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence. U.S. futur... Read more ›
...lifts India's CY26 GDP growth forecast after US-Iran deal; cuts CAD estimates - DetailsGoldman Sachs India GDP: In its ... India: Improved macro outlook after the US-Iran deal, the global investment bank said it has revised its forecasts after the... Read more ›
The Japanese government is now openly admitting what I have been warning about for years. Rising interest rates are beginning to dramatically increase the government’s debt-servicing costs. For decades, Japan survived by suppressing interest rates to nearly zero while endlessly rolling over debt. That strategy only works so long as rates remain artificially low. Once […] Read more ›
Non-performing loans in South Korea’s banking sector have climbed close to KRW18 trillion ($11.7bn), expanding the market for distressed debt sales ... Read more ›
Brazil formally kicked off plans to issue its first sovereign panda bonds on Thursday, a landmark move that officials said would create new opportunities for bilateral cooperation in financial markets. Read more ›