Economy News


JSW Group to Invest $35 bln in India's Maharashtra State

JSW Group to Invest $35 bln in India's Maharashtra State

Billionaire Sajjan Jindal-led JSW Group said on Tuesday that it will invest 3 trillion rupees ($34.67 billion) in the Indian state of Maharashtra to expand the conglomerate's presence in electric vehicles, batteries, steel, and green energy sectors. The ports-to-cement JSW conglomerate a...


January 21, 2025
Argentina's YPF Signs Deal with Indian Firms to Export LNG
Argentina's YPF Signs Deal with Indian Firms to Export LNG

Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 million...

Canada's Annual Inflation Rate Drops to 1.8% in Dec Sales Tax Relief
Canada's Annual Inflation Rate Drops to 1.8% in Dec Sales Tax Relief

Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle...

India Likely to Boost Purchases of US Oil, Gas Following Trump's Announcement
India Likely to Boost Purchases of US Oil, Gas Following Trump's Announcement

India is likely to increase its purchases of U.S. oil and gas after U.S. President Donald Trump's announcement to maximise U.S. oil and gas...

Sterling Falls against Rebounding Dollar on Trump Tariff Outlook
Sterling Falls against Rebounding Dollar on Trump Tariff Outlook

The pound fell against a rebounding dollar on Tuesday even as U.S. President Donald Trump stopped short of implementing tariffs as signs of a...

German Investor Morale Falls more than Expected in January, Survey Finds
German Investor Morale Falls more than Expected in January, Survey Finds

German investor morale fell more than expected in January, the ZEW economic research institute said on Tuesday, after the German economy contracted...

German Exporters Expect 2.7% Drop in Sales in 'Bleak' 2025, Trade Body Says
German Exporters Expect 2.7% Drop in Sales in 'Bleak' 2025, Trade Body Says

About 80% of German businesses who trade overseas expect a further decline in sales this year, Germany's BGA trade association said on Tuesday,...

France on Track for Record Demand for 1st Syndicated Bond since Election
France on Track for Record Demand for 1st Syndicated Bond since Election

France was on track on Tuesday to see record demand for its first syndicated government bond sale since a snap election last year unleashed turmoil...

Taiwan December Export Orders Jump, Trump Clouds Outlook
Taiwan December Export Orders Jump, Trump Clouds Outlook

Taiwan's export orders grew at their fastest pace in nearly three years last month boosted by demand for artificial intelligence technologies,...

Orsted Shares Down 17% as US Project Stumbles, Trump's anti-Wind Power Policy Hits
Orsted Shares Down 17% as US Project Stumbles, Trump's anti-Wind Power Policy Hits

Shares in the world's largest developer of offshore wind Orsted plunged 17% on Tuesday after warning late on Monday of higher costs and...

Thai Cabinet Approves Collection of Carbon Tax
Thai Cabinet Approves Collection of Carbon Tax

Thailand's cabinet on Tuesday agreed to levy a carbon tax of 200 baht ($5.88) per ton of carbon emissions, a deputy finance minister said, as...

Some Asian Car, Battery Makers Hit as Trump Gets to Work
Some Asian Car, Battery Makers Hit as Trump Gets to Work

Shares of Japanese automakers and South Korean battery makers fell on Tuesday, after U.S. President Donald Trump said he could impose tariffs on...

January 20, 2025
EU to Host Auto Sector Talks to Tackle Waning Competitiveness
EU to Host Auto Sector Talks to Tackle Waning Competitiveness

The European Commission will host European automakers, suppliers and trade unions for a first round of talks on Jan. 30 designed to produce EU...

Mexico's Cenbanker Heath sees Inflation Dipping below 4% in Jan
Mexico's Cenbanker Heath sees Inflation Dipping below 4% in Jan

Mexico's headline and core inflation rates will likely land below 4% in January, deputy central bank governor Jonathan Heath told newspaper...

China's Surplus Crude Oil Surged Last Year, Giving Options for 2025
China's Surplus Crude Oil Surged Last Year, Giving Options for 2025

China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day (bpd) as refiners...

Sugar Prices Hit Three-Year Lows as India Allows Exports
Sugar Prices Hit Three-Year Lows as India Allows Exports

Sugar prices hit their lowest in more than three years on Monday on news that India, the world's second largest producer of the sweetener, will...

Bank of England says it is Open to pro-Growth Bank Reforms
Bank of England says it is Open to pro-Growth Bank Reforms

The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back...

India Allows 1M Tons of Sugar Exports to Support Local Prices
India Allows 1M Tons of Sugar Exports to Support Local Prices

India on Monday allowed exports of 1 million metric tons of sugar during the current season to September 2025 to help mills of the world's...

China's Frugal Young Adults Accelerate Saving, Raising Economic Risks
China's Frugal Young Adults Accelerate Saving, Raising Economic Risks

The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the property market is...

China's Dec Imports of Canadian Rapeseed Decline amid Trade Probe
China's Dec Imports of Canadian Rapeseed Decline amid Trade Probe

China's imports of rapeseed from Canada, which had been surging since June, plunged in December after Beijing opened an anti-dumping...

India's NMDC to Extract Diamonds Worth $3.4M from Mine near Tiger Reserve
India's NMDC to Extract Diamonds Worth $3.4M from Mine near Tiger Reserve

India's state-run miner NMDC is expected to extract 6,500 carats of diamonds, worth $3.4 million, this fiscal year from ores in a mine near a...

UK's Pod Point Group Warns of 2024 Revenue Miss on Weak EV Demand
UK's Pod Point Group Warns of 2024 Revenue Miss on Weak EV Demand

Electric Vehicle charging point provider Pod Point Group warned of lower-than-expected results this year and cut its 2024 revenue forecast on...

China to Name Zou Lan as Cenbank Deputy Governor, Sources
China to Name Zou Lan as Cenbank Deputy Governor, Sources

Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank,...

Copper Market sees Half Chance of 10% US Tariff by First Quarter-End, Goldman says
Copper Market sees Half Chance of 10% US Tariff by First Quarter-End, Goldman says

Goldman Sachs on Monday said the copper market is pricing in odds of about 50% that there will be a 10% U.S. tariff on the metal by the end of the...

Taiwan Q4 Economic Growth seen Slowing to 2%: Reuters Poll
Taiwan Q4 Economic Growth seen Slowing to 2%: Reuters Poll

Economic growth in trade-dependent Taiwan was expected to have slowed in the fourth quarter coming off a higher base, though exports were robust on...

Bank of Japan Poised to Raise Rates to Highest in 17 Years
Bank of Japan Poised to Raise Rates to Highest in 17 Years

The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a...

Bank of Korea Downgrades 2025 GDP Forecast
Bank of Korea Downgrades 2025 GDP Forecast

South Korea's central bank said on Monday its economic growth projection for 2025 was estimated between 1.6% and 1.7%, lower than the 1.9% it...

UK Home Asking Prices show Biggest Early-Year Rise since 2020, Rightmove
UK Home Asking Prices show Biggest Early-Year Rise since 2020, Rightmove

Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of...

January 17, 2025
France's Cognac Makers Lift US Exports ahead of Trump Inauguration, Data Shows
France's Cognac Makers Lift US Exports ahead of Trump Inauguration, Data Shows

French cognac makers increased shipments to the United States in December, trade data showed, as distributors fill up their stocks to prepare for...

Milei's Argentina Seals Budget Surplus for 1st Time in 14 yrs
Milei's Argentina Seals Budget Surplus for 1st Time in 14 yrs

Argentina brought in its first budget surplus in more than a decade in 2024, data published on Friday showed, marking a win for libertarian...

New York's Electric Grid Ready to Meet Cold Snap Demand, Operator
New York's Electric Grid Ready to Meet Cold Snap Demand, Operator

The New York Independent System Operator (NYISO) said on Friday that the state's electric grid is prepared to meet anticipated power demand...

US Manufacturing Output Accelerates in December
US Manufacturing Output Accelerates in December

U.S. manufacturing output surged in December likely as production at Boeing picked up following the end of a crippling strike by factory...

UK to have Third-Strongest G7 Growth in 2025, IMF Forecasts
UK to have Third-Strongest G7 Growth in 2025, IMF Forecasts

Britain is set to have the fastest growth among major European economies this year, according to the International Monetary Fund, a boost to...

UK Borrowing Cost Spike Evaporates, in Boost for Reeves
UK Borrowing Cost Spike Evaporates, in Boost for Reeves

British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the start of the year that had...

S&P Calls UK Borrowing Cost Jump
S&P Calls UK Borrowing Cost Jump "Concern", but no Immediate Hit to Rating

S&P Global called the recent jump in Britain's bond market borrowing costs a "concern" on Friday, though said it wasn't...

China's Economy Meets Official Growth Target, but many Feel Worse Off
China's Economy Meets Official Growth Target, but many Feel Worse Off

China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening...

UK Retail Sales Shrink Unexpectedly in Dec, Adding to Glum Data
UK Retail Sales Shrink Unexpectedly in Dec, Adding to Glum Data

British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the fourth...

OPEC's Share in India's Annual Oil Imports Rises after 8-Y Drop
OPEC's Share in India's Annual Oil Imports Rises after 8-Y Drop

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share...

BoE Delays Basel Bank Capital Rules by One Year
BoE Delays Basel Bank Capital Rules by One Year

The Bank of England said on Friday it would delay the implementation of tougher bank capital requirements by one year until January 2027, amid an...

EM Central Banks Cool on Treasuries, Stoking Bond Yield Heat
EM Central Banks Cool on Treasuries, Stoking Bond Yield Heat

Spiking Treasury yields and the 'wrecking ball' dollar are creating a negative feedback loop that monetary authorities around the globe may...

China's New Home Prices Stabilise with Stimulus Push
China's New Home Prices Stabilise with Stimulus Push

China's new homes prices stopped falling in December for the first time in 18 months, official data showed on Friday, after the government...

China's Q4 GDP Grows 5.4% y/y, Beating Market Forecast
China's Q4 GDP Grows 5.4% y/y, Beating Market Forecast

China's economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating analysts'...

China Expected to Hit 2024 GDP Target, but Tariffs Loom
China Expected to Hit 2024 GDP Target, but Tariffs Loom

China's economy likely rebounded in the fourth quarter as several rounds of policy stimulus kicked in, enabling the government to largely meet...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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