News Feed
Spain orders olive oil mills to store 12% of output, taking about 188,000 tonnes off the market
The first use of the measure follows a forecast harvest of 1.6 million tonnes and producer prices near 3 euros a kilo, down from 4 a year ago.
Rate Brief — Currencies and central banks, read from the decision itself
RBA raises the cash rate by 25 basis points to 4.85% and pushes back its inflation forecast
The Monetary Policy Board said on 3 November that inflation is broadly based and now not expected to reach the top of the 2 to 3% range until late 2027, three quarters later than forecast.
SNB reports a CHF 44.2 billion profit for the first nine months of 2026
Foreign currency positions earned CHF 43.3 billion, with exchange-rate gains of CHF 29.8 billion and equity gains offsetting bond losses; gold added CHF 1.2 billion.
US holdings of foreign securities rose to $19.3 trillion at end-2025
Final annual survey data put equity at $15.2 trillion, up from $12.1 trillion a year earlier; the Cayman Islands, the UK, Canada and Japan top the country list.
ECB company contacts: AI and defence grow while process industries shrink
The ECB's latest round of talks with firms found subdued consumer spending, falling headcounts in manufacturing and investment driven by software, data centres and defence.
Pink Book 2026: wider trade gap lifts UK external deficit to 3.0% of GDP
The annual balance of payments review puts the 2025 deficit at £91.6 billion, the second largest in the G7, with the net international liability position rising to £60.7 billion.
BoJ: import prices of durable goods up over 10%, half of it from the weak yen
The full text of the October Outlook Report, released on 2 November, traces business-to-business price rises into consumer goods and expects durable goods inflation to accelerate toward end-2026.
India's services surplus grew to about $19 billion in September
RBI data show imports of services at $20.1 billion, up 12.6%, leaving a surplus of about $19.2 billion for the month; July to September figures are provisional.
RBA's Bullock: inflation will likely be higher than the August forecast
In her Senate statement before this week's board meeting, the governor said upside risks have materialised after 100 basis points of increases this year, and asked whether tightening so far is enough.
Lane: AI added about 10% to euro area firms' capital spending plans this year
Philip R. Lane's 30 October speech puts digital investment at 3.3% of GDP and AI-exposed goods at 3.4% of the HICP, limiting the inflation effect of the AI boom.
UK new mortgage rates climb to 4.63% in September; deposit rates rise too
The Bank of England's effective rate on newly drawn secured loans rose for a third month, new fixed-term deposits paid 4.42%, while rates on new consumer loans eased to 9.85%.