THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
TSMC Profit Jumps 77 Percent to a Record Even as a Chinese AI Model Helps Tip Chip Stocks Into a 20 Percent Bear Market
The two faces of the artificial-intelligence trade were on display within a single week. Taiwan Semiconductor Manufacturing Company reported a 77.4 percent…
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Saudi PIF Nears EU Clearance for Its 55 Billion Dollar Electronic Arts Takeover
Saudi Arabia's Public Investment Fund and its partners are set to win European Union clearance for their 55 billion dollar acquisition of…
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The Week Ahead: The ECB Decides on 23 July, UK Inflation Lands, and Tesla Opens Big Tech Earnings as the Fed Goes Quiet
The coming week is the last full one before the Federal Reserve meets, and with US policymakers in their pre-meeting blackout the…
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Market Wrap US-Europe-Asia 17 July: A Global Chip Rout Deepens With Taiwan Down 6.5 Percent and the Nasdaq Off 1.4 Percent as the VIX Jumps 12 Percent
The escalation week ended on its heaviest risk-off note. A global chip and technology selloff deepened on Friday: Taiwan's Taiex fell 6.47…
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Commodities Wrap 17 July: Oil Jumps Nearly 5 Percent to Cap a 16 Percent Weekly Surge as Gold Reclaims 4,000 Dollars
Oil jumped nearly 5 percent on Friday, capping a roughly 16 percent gain on the week, while gold reclaimed the 4,000 dollar…
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OECD Sees UK Growth Slowing to 0.9 Percent in 2026 Before a 1.1 Percent Recovery
The OECD projects that United Kingdom economic growth will slow temporarily to 0.9 percent in 2026, down from 1.4 percent in 2025,…
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Euro Area Posts 7.8 Billion Euro Trade Deficit in May as Import Bill Climbs 10 Percent
The euro area recorded a 7.8 billion euro deficit in trade in goods with the rest of the world in May 2026,…
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Bahrain’s 91 Day Treasury Bills Draw 178 Percent Demand as the Yield Eases to 5.20 Percent
The Central Bank of Bahrain's weekly Treasury bill issue was oversubscribed by 178 percent, and the average yield eased to 5.20 percent…
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US Retail Sales Rise 0.2 Percent in June as Jobless Claims Fall to 208,000 and Factory Sentiment Surges
A run of United States data released on 16 July showed a cooling consumer alongside a firm labour market and a jump…
Read more →Market Wrap US-Europe 16 July: Korea’s Rate Shock Reaches Wall Street With the Nasdaq Down 1.5 Percent While the FTSE Rises on 0.7 Percent UK Growth
The escalation's bill crossed the Pacific on Thursday. Wall Street closed lower with the Nasdaq down 1.47 percent at 25,881.95 as the…
Read more →Commodities Wrap 16 July: Gold Posts Its First Close Below 4,000 Dollars of the Escalation as Oil Logs Its First Decline and the VIX Jumps 8.9 Percent
The line gold defended through four sessions of war finally gave way on a day when nothing else offered shelter either. Gold…
Read more →Market Wrap MENA-Asia 16 July: Cairo Nears 53,000 and Saudi Edges Up to Close the Week as the Bank of Korea’s First Hike Since 2023 Sinks Seoul 6.4 Percent
Asia's whipsaw week found its policy trigger on Thursday and the Gulf closed its first full week of the escalation barely changed.…
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US Budget Deficit Reaches 120 Billion Dollars in June as Tariff Refunds and Interest Costs Bite
The United States ran a federal budget deficit of 120 billion dollars in June, a sharp swing from a 27 billion dollar…
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Egypt’s Exports Rise 21.1 Percent to 5.1 Billion Dollars in April as the Trade Deficit Widens to 4.8 Billion
Egypt's merchandise exports rose 21.1 percent from a year earlier to 5.1 billion dollars in April, while imports climbed 20.7 percent to…
Read more →Bahrain Sells 200 Million Dinars of Two Year Bonds at 7 Percent as Demand Runs Nearly Three Times the Offer
The Central Bank of Bahrain has issued 200 million dinars, about 533 million dollars, of two year government development bonds carrying a…
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Bank of Korea Raises Its Base Rate to 2.75 Percent in Its First Hike Since 2023
The Bank of Korea raised its benchmark base rate by 25 basis points to 2.75 percent from 2.50 percent on 16 July,…
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China’s New Bank Loans Reach 1.6 Trillion Yuan in June as First Half Lending Falls to 10.7 Trillion
Chinese banks extended 1.61 trillion yuan of new loans in June, up from 520 billion yuan in May but short of market…
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UK Economy Grows 0.1 Percent in May as Services Offset Falling Production and Construction
The UK economy grew 0.1 percent in May, returning to growth after a 0.1 percent contraction in April, as a rise in…
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German Wholesale Prices Rise 4.9 Percent in June as the Annual Rate Cools
German wholesale prices rose 4.9 percent in June from a year earlier, easing from 5.9 percent in May, and fell 0.7 percent…
Read more →Euro Area Industrial Production Falls 0.2 Percent in May as Durable Goods and Ireland Weigh
Industrial production in the euro area fell 0.2 percent in May from the previous month, and was down 1.2 percent from a…
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US Producer Prices Fall 0.3 Percent in June as Gasoline Drops 12 Percent
US producer prices for final demand fell 0.3 percent in June on a seasonally adjusted basis, their first monthly decline since August…
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Fed Beige Book Shows Growth in Eleven of Twelve Districts and Slower Price Growth Everywhere
Economic activity increased at a slight to moderate pace in eleven of twelve Federal Reserve Districts in late May and June, while…
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Fed Chair Warsh Holds Rates at 3.5 to 3.75 Percent and Flags an Accelerating AI Investment Boom
Federal Reserve Chair Kevin Warsh told Congress the central bank held the target range for the federal funds rate at 3.5 to…
Read more →Market Wrap US-Europe 15 July: Wall Street Adds a Second Day of Gains on Soft Producer Prices as the DAX Slips Below 25,000 and Oil Revives the ECB Rate Question
Wall Street kept rallying on disinflation on Wednesday while Europe blinked at oil. The S&P 500 rose 0.38 percent to 7,572.40 and…
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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