THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
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 →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…
Read more →Market Wrap US-Europe 14 July: Stocks Shake Off the Oil Shock as US Consumer Prices Fall 0.4 Percent, Goldman Jumps 9 Percent and IBM Craters 25 Percent
Wall Street closed higher on the coolest monthly US inflation print in six years and a rebound in the chip complex, and…
Read more →Market Wrap US-Europe 13 July: Wall Street Slides as Oil Tops 82 Dollars on the Iran Shipping Blockade While Europe Closes Higher
Wall Street closed lower on Monday under two converging pressures: a global semiconductor selloff that weighed on technology shares, and President Trump's…
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Beijing Reportedly Set to Let Top Chinese AI Firms Buy Nvidia H200 Chips, With Approvals Capped Below 200,000 Units
Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy Nvidia H200 chips,…
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US Jobless Claims Fall to 215,000 as Layoffs Stay Low but Hiring Cools Sharply
Filings for US unemployment benefits fell to 215,000 in the week ended 27 June, the Labor Department reported on 2 July, a…
Read more →US Job Growth Slows Sharply in June as Prior Months Are Revised Down
US employers added just 57,000 jobs in June, while the unemployment rate changed little at 4.2 percent, down from 4.3 percent in…
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QatarEnergy’s Golden Pass LNG Wins US Approval to Commission Its Second Train
QatarEnergy's flagship US gas venture has moved a step closer to higher output after the Golden Pass LNG terminal in Texas received…
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US Goods Trade Deficit Widens Sharply in May to the Largest in Over a Year
The United States goods trade deficit widened sharply in May to its largest in more than a year, a sign that the…
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Apple Seeks US Clearance to Buy CXMT Memory Chips as AI Demand Drives Up Component Costs
Apple has asked US officials for clearance and policy assurances to buy memory chips from ChangXin Memory Technologies, a Chinese DRAM manufacturer…
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S&P Keeps the US at AA+ with a Stable Outlook, but Fiscal Pressure Remains the Core Weakness
S&P Global Ratings has affirmed the United States' long-term sovereign credit rating at AA+ and its short-term rating at A-1+, with a…
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US Crude Inventories Fall 6.1 Million Barrels as Refineries Run Near Full Capacity, EIA Says
US commercial crude oil inventories fell sharply in the week ended 19 June, reinforcing the view that refinery demand for crude remained…
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US First-Quarter Growth Revised Up to 2.1 Percent as May Inflation Accelerates and Factory Orders and Home Sales Soften
The world's largest economy delivered a split picture this week, with its first-quarter growth revised firmly higher and its preferred inflation gauge…
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Markets Remain in a Bull Phase but the Risk of a Correction Is Rising
Global equity markets are entering a more complicated phase. The dominant trend remains positive, supported by strong corporate earnings expectations, resilient economic…
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The Dollar Hits Its Highest Level in More Than a Year as Major Central Banks Turn More Hawkish
The US dollar has climbed to its strongest level in more than a year as investors reprice the outlook for global interest…
Read more →US Dollar Outlook 2026: Higher for Longer Rates Keep the Dollar Supported, But Upside Is Becoming More Selective
The US dollar enters the second half of 2026 with a firmer tone, supported by sticky inflation, a restrictive Fed, resilient jobs,…
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Commodities Slide as US–Iran Deal Deflates War Premium; Oil and Precious Metals Lead Losses
A broad retreat swept across the commodities complex this week as a US–Iran agreement to reopen the Strait of Hormuz drained the…
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Three GCC Central Banks Hold Interest Rates After US Federal Reserve Decision
Qatar, Bahrain and the UAE keep interest rates steady after the US Federal Reserve holds rates, while Saudi Arabia, Kuwait and Oman…
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Warsh Overhauls Fed Communications and Withholds His Own Forecast as Projections Hint at a 2026 Rate Hike
In his first appearance as Federal Reserve Chair, Kevin Warsh used the June policy meeting not only to hold interest rates steady…
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US Retail Sales Jump 0.9% in May, Pointing to a Resilient American Consumer
US retail sales rose more strongly than expected in May 2026, signalling that American consumer demand remained resilient despite elevated inflation and…
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Fed Holds Rates at 3.50%–3.75% in Warsh’s First Meeting, Vowing to “Deliver Price Stability”
The US Federal Reserve kept its benchmark interest rate unchanged at 3.50% to 3.75% on 17 June 2026, holding policy steady in…
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US–Iran Deal Could Help Egypt Recover Suez Canal Revenues, But US$10 Billion Will Not Return Overnight
A reported interim agreement between Washington and Tehran to reopen the Strait of Hormuz could improve sentiment toward regional maritime routes, but…
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Elon Musk Could Spend $1 Million Every Hour for 114 Years
Elon Musk's rise to a trillion dollar fortune is more than a personal wealth milestone. It is a moment that forces markets,…
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Oil Slides Toward Two Month Lows as the United States and Iran Near an Agreement to Reopen Hormuz
Oil prices extended their decline on Friday, 12 June 2026, as the United States and Iran moved closer to an agreement that…
Read more →Most Read
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent
- The Week Ahead: The Federal Reserve Decides on 29 July, US Growth and Inflation Data Land, and the Megacap Technology Earnings Peak
- Asia Market Wrap 8 October: All Ten Indices Fall as Singapore Drops 3.49 Percent
- Asia Market Wrap 6 October: Nikkei Posts First Close Above 70,000 Since July as Kospi Falls
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent