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New Zealand Jobless Rate Rises to 2016's High
New Zealand's unemployment rate edged up to 5.2% in the June quarter of 2025, slightly above the previous quarter's 5.1% and in line with market expectations to the highest level since late-2016. The number of unemployed individuals rose to 158,000, up from 156,000 in March and marking an annual inc
Soybeans Retreat Amid China Buying Uncertainty
Soybean futures eased to around $11 per bushel, retreating from a 16-month high of $11.20 reached on Monday, as traders awaited confirmation of Chinese purchases of US soybeans amid hopes that agricultural trade between the two nations could soon return to normal following last week’s trade talks. W
Sao Paulo Consumer Prices Slow
Consumer prices in São Paulo, Brazil’s most populous city, rose 0.27% month-over-month in October 2025, easing from a 0.65% increase in September which was the highest in ten months. Prices went up for food (0.38%), health (0.37%), transportation (0.32%), personal expenses (0.26%), housing (0.22%) a
Pakistan Consumer Morale Improves in October
The consumer confidence indicator in Pakistan rose to 40.0 in October 2025, up from 37.7 in the previous month, which was the lowest level in 10 months. Sentiment improved regarding current economic conditions (40.6 vs 37.5 in September), expected economic conditions (39.4 vs 37.8), and the perceive
Morocco Jobless Rate Falls to 13.1% in Q3
The unemployment rate in Morocco decreased to 13.1% in Q3 2025, down from 13.6% in the same period a year earlier. The number of unemployed fell by 54,000 to 1.63 million, while employment increased by 167,000 to 10.83 million. Meanwhile, the labor force grew by 112,000 to 12.46 million. The unemplo
China Extends and Expands Visa-Free Policy to 2026
China announced it will extend its visa-free entry policy for citizens of 45 countries, including France, Germany, and Spain, until December 31, 2026, and expand the scheme to include Sweden starting November 10, the foreign ministry said Monday. The extension covers 32 European nations as well as A
Palladium Pulls Back After Mid-October High
Palladium hovered around $1,460 an ounce, retreating from a mid-October peak of $1,655, as expectations for further Federal Reserve rate cuts softened and safe-haven demand eased following the US-China trade agreement. The Fed delivered a widely anticipated 25-basis-point rate cut last week, but wit
Kazakhstan Inflation Rate Falls to 12.6%
The annual inflation rate in Kazakhstan eased to 12.6% in October 2025, down from a three-month high of 12.9% in September. The main downward pressure came from a sharp slowdown in housing and utilities inflation, which dropped to 11.3% in October from 17.4% in September. Price growth also moderated
Spain Factory Activity Expands More than Expected
The HCOB Spain Manufacturing PMI rose to 52.1 in October 2025 from 51.5 in September, above market expectations of 51.7 and marking the sixth consecutive month of expansion. Growth in both output and new orders strengthened, driven mainly by firmer domestic demand, while export orders declined for a
Swiss Franc at Over 3-Week Low
The Swiss franc traded around 0.81 per USD, near its lowest since October 9, amid a firm dollar and rising expectations of rate cuts by the Swiss National Bank (SNB). Swiss inflation unexpectedly eased to a four-month low of 0.1% in October from 0.2% in September, moving further toward the lower bou
Poland Manufacturing Slump Eases More Than Expected
Poland’s S&P Global Manufacturing PMI rose to 48.8 in October 2025 from 48.0 in September, slightly above forecasts of 48.6. This marked its highest level since April, indicating a slower pace of contraction in the ongoing downturn. Output and new orders both declined at softer rates, while purc
Swiss 10-Year Bond Yields at 2022-Lows
The Swiss 10-year government bond yield fell to around 0.13%, its lowest level since January 2022, after softer-than-expected domestic inflation data fueled speculation of rate cuts by the Swiss National Bank (SNB). Consumer price inflation in Switzerland unexpectedly slowed to 0.1% in October, down
Austria Jobless Rate Rises to 7.2% in October
The unemployment rate in Austria rose to 7.2% in October 2025 from 6.9% in the same month of the previous year. The number of unemployed persons climbed 17.2 thousand year-on-year to a six-month high of 310.5 thousand. Compared to the previous period, the number of unemployed persons increased by 11
Hungary Manufacturing Growth Moderates in October
The HALPIM Manufacturing PMI fell to 51 in October 2025 from a revised 51.6 in September, signaling a slower pace of expansion in Hungary’s manufacturing sector. Both new orders and production grew at a softer rate than in the previous month, with their indices easing to 51.1 and 51.7, respectively,
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