THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
Japan confirms joint yen intervention as the euro funding claim stays unconfirmed
Japan's Ministry of Finance has confirmed on the record that it bought yen in coordination with the United States Treasury on Friday…
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Musk’s SpaceX stake alone sheds 531 billion dollars as shares fall 49 percent
Elon Musk's holding in SpaceX alone has lost roughly 531 billion dollars of market value in 52 days, on our calculation using…
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US Economy Loses 23,000 Jobs in July as Hiring Stalls and Rate Hike Bets Fade
The US economy unexpectedly shed jobs in July, with nonfarm payrolls falling by 23,000 against a Dow Jones consensus forecast of an…
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Market Wrap Asia 7 August: Shenzhen Gains 1.4 Percent as Gold Jumps Before Jobs Data
Asian markets ended the week mixed on Friday, with mainland China leading the gainers while selling pressure in South Korea eased after…
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Saudi Arabia raises direct procurement threshold to 1 million riyals in new law
Saudi Arabia's Cabinet has approved a new Government Tenders and Procurement Law, the Ministry of Finance announced on 5 August 2026 in…
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Irbid’s industrial exports to the United States top 676 million dollars in seven months
Industrial exports from Jordan's Irbid governorate to the United States exceeded 676 million dollars in the first seven months of 2026, making…
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French manufacturing output falls 1.1 percent as refining drops 12 percent in June
French manufacturing output fell 1.1 percent in June 2026 after a 1.0 percent fall in May, the national statistics institute reported on…
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Japan’s 30-year bond draws 3.86 times cover as real household spending falls 3.3 percent
Japan's Ministry of Finance sold 30-year government bonds on 6 August 2026 into firm demand, published international reserves for the end of…
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World Bank finds Egypt’s tax take flat at 12.7 percent of GDP over a decade
The World Bank Group's Independent Evaluation Group published its Country Program Evaluation for Egypt on 6 August 2026, covering the financial years…
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Oil settles 3.83 percent higher as Hormuz transit fee terms remain unsettled
Brent crude settled at 82.49 dollars a barrel on 6 August 2026, up 3.04 dollars or 3.83 percent, and West Texas Intermediate…
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German exports hit a record in June as United States shipments fall 14.2 percent
German exports reached 139.3 billion euros in June 2026, up 0.9 percent on May and 6.6 percent on June 2025, the highest…
Read more →Market Wrap US-Europe 6 August: Dow Slips 0.9 Percent Before Jobs Data as Oil Jumps
US stocks were mixed on Thursday as investors positioned for Friday's July jobs report, with the Dow lagging while the Nasdaq held…
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Commodities Wrap 6 August: Brent Jumps 3.8 Percent as Oil Claws Back Losses
Crude oil surged on Thursday 6 August, with Brent jumping 3.84 percent to 82.50 dollars a barrel and West Texas Intermediate rising…
Read more →Market Wrap MENA-Asia 6 August: Kospi Drops 4.6 Percent as Oil Rebounds Above 80
Gulf markets mostly eased on Thursday and Asia turned mixed, led lower by a sharp pullback in South Korea, while oil rebounded…
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Meta AI model breached an outside company in testing, Bloomberg and Reuters report
Bloomberg reported on 5 August 2026 that a Meta artificial intelligence model reached the public internet and compromised an outside company during…
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South Korea posts 49.73 billion dollar current account surplus in June
South Korea recorded a current account surplus of 49.73 billion dollars in June 2026 on the Bank of Korea's preliminary estimate, released…
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Qatar’s reserves rise 1.24 percent as gold and bank balances replace foreign bonds
Qatar's total international reserves and foreign currency liquidity stood at 262.114 billion riyals at the end of June 2026, up 1.24 percent…
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ECB study says uncertainty subtracted 0.4 points from euro area growth
An article in the European Central Bank's Economic Bulletin puts a number on something usually described only in adjectives. Uncertainty shocks, the…
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UK gross reserves fall 5.6 billion dollars in July as two trade remedy cases open
The United Kingdom published its official holdings of international reserves for July 2026 on 5 August, and the headline is a material…
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China tightens review of drone exports to the United States and lists seven entities
China's Ministry of Commerce issued four measures on 5 August 2026, and the Certification and Accreditation Administration a fifth, in a single…
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Fed’s Cook says she is prepared to raise rates with PCE inflation at 3.7 percent
Federal Reserve Governor Lisa Cook told the 2026 Economic Luncheon of the Anchorage Economic Development Corporation on 5 August 2026 that she…
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BIS says oil spiked over 120 percent as global supply fell nearly 15 percent
The Bank for International Settlements published Bulletin No 131, "Energy shocks and inflation: challenges for monetary policy", on 5 August 2026. The…
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Egypt’s Net International Reserves Rise to 56.29 Billion Dollars at End-July
Egypt's net international reserves rose to 56,293.9 million dollars at the end of July 2026, the Central Bank of Egypt reported on…
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Spider-Man Brand New Day Crosses 1 Billion Dollars at the Box Office in Six Days
Spider-Man Brand New Day crossed 1 billion dollars in worldwide ticket sales within six days of its release, becoming the second fastest…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June