Falling asking prices and stagnant hiring intentions reinforce expectations of steady Bank of England rates amid fragile consumer demand. UK asking prices fell more sharply than seasonal norms, while employers maintained a hiring freeze, signaling persistent economic fragi
July’s services sector expansion slows slightly, with weak hiring and supplier deliveries signaling a fragile recovery ahead of RBNZ policy decisions. New Zealand’s services sector expanded for a second consecutive month in July, though the Performance of Services Index (P
Traders brace for potential volatility as China’s delayed July economic figures may signal weaker growth and prompt central bank action. China’s National Bureau of Statistics rescheduled the release of July economic data to 3:00 p.m. Beijing time, delaying market-moving in
Europe's gas storage levels are at a 17-year low Europe is facing a gas shortage with less than three months until the start of heating season. Current inventory levels are the lowest in 17 years, and supply is tighter than in 2022. The energy import dependence o
EUR/USD, USD/JPY, and other major currency pairs show minimal movement in early Asian trading amid low liquidity. Major forex pairs opened Monday with little change from late Friday, reflecting thin market liquidity typical of early Asian trading hours. Indicative prices s
AI spend is rising as tech leaders warn of job losses Top tech leaders are warning of significant job losses due to AI. Projections suggest unemployment could surge over the next five years. Data from a UK lender shows AI spending patterns among small busin
MiCA regulations spark rise in scams targeting 10 million users The EU's crypto regulations have created a new wave of scams, with fraudsters impersonating regulators and licensed exchanges. The regulations, which came into force on July 1, required over 1,700 unli
Earnings above $24,480 in 2026 trigger Social Security withholding of $1 for every $2 earned, while pension rules may suspend payments entirely. Workers returning to jobs after retirement may face suspended pension payments if the role qualifies as "disqualifying employmen
Retroactive Medicare enrollment upon claiming Social Security imposes a 6% annual excise tax on excess HSA contributions. Filing for Social Security benefits automatically enrolls individuals in Medicare Part A, with coverage backdated up to six months. This retroactive en
Silver price advanced 0.39% on Friday Silver price advanced by 0.39% on Friday, capped by rising US yields. The white metal remains downward biased despite signs of bottoming around the $54.70 area. For a bullish continuation, the first resistance for XAG/U
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