Economy

Economic News

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US June private payrolls growth misses expectations; layoffs decline

U.S. private payrolls increased less than expected in June, but a sharp decline in planned layoffs pointed to stable labor market conditions last month.Private employment rose by 98,000 jobs last month after an unrevised gain of 122,000 in May, the ADP National Employment Report showed. Economists…

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Economy
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Russia's pipeline gas exports to Europe down 3.7% in June year-on-year, data shows

Russian energy giant Gazprom's RUS:GAZP average daily natural gas supplies to Europe via the TurkStream undersea pipeline declined 3.7% from a year earlier to 36.2 million cubic metres in June, Reuters calculations showed on Wednesday.Turkey is the only transit route left for Russian gas to Europe…

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NEWS reuters

Fed's Warsh says inflation risks have come down

U.S. Federal Reserve Chairman Kevin Warsh on Wednesday said that inflation expectations and inflation risks have come down in recent weeks, even as he repeated the Fed is committed to bringing inflation down to its 2% goal."Expectations of inflation over the first four months, first four weeks of t…

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Economy
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LatAm Political, Economic Calendar - Week Ahead

All dates are in local time Wednesday, July 1, 2026 Exp Prev Local/GMT/ET 1000/1500/1100 PER Jun CPI CPI, M/M% -0.16% 1000/1500/1100 PER May ACAE - Advance Economic Ac…

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Economy
NEWS trading-economics

Brazil Manufacturing PMI Returns to Growth

The S&P Global Brazil Manufacturing PMI rose to 50.8 in June 2026 from 49.1 in May, signaling a renewed improvement in factory conditions.The rebound was driven by stronger hiring, stock accumulation, and longer supplier delivery times.However, output and new orders remained in contraction territor…

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Economy

India's Hero MotoCorp to invest over $374 million in Andhra Pradesh

India's Hero MotoCorp NSE:HEROMOTOCO said on Wednesday it will invest more than 32 billion rupees ($374 million) in the southern state of Andhra Pradesh, including over 7.5 billion rupees for a global parts centre, to expand its manufacturing, logistics and electric mobility footprint.

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US private sector employment rises less than expected in June - ADP

Employment rose by 98,000 following an unrevised 122,000 jump in May, coming in below economists’ expectations for a 120,000 increase.Small businesses with fewer than 50 employees added 53,000 jobs, while medium businesses with between 50 and 499 employees added 29,000. Large business with more tha…

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Economy
NEWS reuters

Brazil's bad loans on non-earmarked credit at record high, despite debt relief drive

By Marcela AyresDelinquency rates on Brazilian loans not tied to a specific purpose rose to 6.2% in May from 6.1% in April, reaching the highest level since the central bank's data series began in March 2011.The increase for so-called non-earmarked loans came despite the government's launch in earl…

Reuters en
Economy