Economy

Away from the Trump distraction adventures the US economy corrodes; Canada loses jobs sharply; India fuels itself on debt; China debt rise modest; commodity prices jump; UST 10yr at 4.28%; gold falls and oil rises; AU$1 = 70.1 USc

IEA calls the Gulf crisis history's worst for oil; US data little-changed; India inflation firms; Australian inflation expectations up; Chalmers looks at 'high 4s' for Aussie Budget; UST 10yr at 4.26%; gold falls and oil rises; AU$1 = 70.9 USc;

Markets dismiss oil strategic reserve release impacts; US inflation unchanged, impact dismissed; China new car sales weak; RBA shifts sharply on inflation risks; UST 10yr at 4.21%; gold falls and oil rises; AU$1 = 71.5 USc;

Ian Bremmer considers whether the countries most vulnerable to US or Chinese domination can find common cause

US data mixed; Canada enjoys a travel boost; China exports jump; Aussie confidence mixed; UST 10yr at 4.14%; gold rises and oil falls; Straits of Hormuz still closed; AU$1 = 71.5 USc

US inflation data outdated, shutdown impacts spread; Taiwan exports less than expected; China inflation rises; German factory orders fall; G7 decisions awaited; UST 10yr at 4.12%; gold dips and oil rises; AU$1 = 70.6 USc

US jobs market shrinks unexpectedly; ditto retail sales; US faces inflation surge; Canada PMI strong; China FX reserves up again; some commodity prices jump; UST 10yr at 4.13%; gold and oil rise; AU$1 = 70.3 USc;

Far from random, China’s global port network is clustering near the world’s riskiest trade routes

US employment shrinks unexpectedly; US retail sales dip; Canada PMI rises; Gulf oil supplies in crisis; metals rise; eyes on seabed mining; UST 10yr at 4.11%; gold rises while oil jumps again; AU$1 = 702 USc

US data soft facing sharp energy cost rises; China lowers its growth target; Australia household spending growth slows; global freight rates rise; UST 10yr at 4.14%; gold eases while oil jumps; AU$1 = 70 USc

Confusion from PMIs in both the US and China; Taiwan export orders surge again; Australian GDP rises more than expected; fertiliser prices leap; UST 10yr at 4.08%; gold rises while oil eases; AU$1 = 70.7 USc

Stagflation fears loom large; dairy price rise; US sentiment drops; China focuses on next 5-year plan; EU inflation up; Australia current account deficit widens; UST 10yr at 4.06%; gold drops while oil jumps; AU$1 = 70.1 USc

US PMI's rise on prices, not orders; most other PMIs rise on strong new order flows; China FDI shows recovery; some key commodity prices jump; air cargo rises; sea freight rates leap; UST 10yr at 4.06%; gold and oil rise; AU$1 = 59.3 USc

Risk aversion to grip markets, causing volatility; US PPI jumps recently; eyes on US cockroaches; Korean exports star again; China car overstock & TD flows grab attention; UST 10yr at 3.96%; gold and oil rise; AU$1 = 71.1 USc

Financial markets worry about growing risks; US data mixed; Canada popular with investors; Singapore data strong; container freight rates dip; UST 10yr at 4.02%; gold dips, oil firm; AU$1 = 70.9 USc

Gigantic surge in global debt; US data tame; Taiwanese jobless low, EU inflation low; China warns US over new tariffs; Australian inflation stays high; UST 10yr at 4.04%; gold up, oil softish again; AU$1 = 71.1 USc

The pressure will be on the RBA after the high January CPI inflation rate, bringing their March cash rate target review into sharper focus

Revenge tariffs in new twist; US economic data mixed; US voters tired of erratic Trump; Canada factories slow; China holds LPRs; EU car sales dip; UST 10yr at 4.03%; gold down, oil softish; AU$1 = 70.8 USc

Reaction to US tariff-tax mess weighs on markets and trade; US data underwhelming; Fed says US 2025 job gains were an illusion; iron ore price falls; UST 10yr at 4.03%; gold rises again, oil on hold; AU$1 = 70.6 USc

China returns after CNY holiday to IMF critique; Japan & India rise; Malaysia exports swell; US tariff decision; US data tame & US growth slows; UST 10yr at 4.09%; gold rises, oil up again; AU$1 = 70.8 USc

Full employment objectives for central banks are common and long-standing. Luci Ellis says they are harder to assess than inflation objectives, and evolve as our understanding of the economy improves.

Tariff-taxes illegal says US Supreme Court; US expansion slows sharply; US sentiment stays weak, consumer costs rise faster than incomes; Japan and India rise; UST 10yr at 4.08%; gold stable, oil up again; AU$1 = 70.8 USc

US data mixed but leading index retreats again; Canada lowers reliance on the US; Japanese machinery orders surge; China travel surges; Australia jobs market healthy; UST 10yr at 4.08%; gold stable, oil up again; AU$1 = 70.6 USc

US second tier data positive; call to punish economists for tariff research; Japanese manufacturers bullish; Australian leading index eases, wages fall in real terms; UST 10yr at 4.08%; gold and oil up; AU$1 = 70.7 USc