Bloomberg Surveillance

Euro-area pay growth is poised to slow sharply in the third quarter of 2027, encouraging news for the European Central Bank as it battles inflation driven by the Iran war.

Sweden’s central bank raised borrowing costs and opened the door to another move, acting to tame inflation stoked by energy costs and a strengthening economy.

UK interest rates are not bearing down on inflation as much as the Bank of England thought, according to new research that strengthens the case for a hike in borrowing costs this week.

Polish policymakers closed ranks behind embattled Governor Adam Glapinski as a mounting political standoff casts doubt on his future.

Kenya could boost gross domestic product by more than a fifth within a decade and significantly reduce debt as a percentage of GDP if it tackles corruption, the World Bank said.

Florida voters delivered one of the nation’s most far-reaching property-tax cuts in years, handing homeowners relief from soaring costs while threatening to blow holes in local government budgets that pay for everything from police to roads.

Australia’s household spending climbed more than expected in September, suggesting demand remains resilient in the economy even after the Reserve Bank’s rapid-fire interest-rate hikes to curb inflation.

Thailand’s growth forecasts are rising as new factory data reveal a bigger boost from the artificial intelligence boom, though much of the economy remains sluggish.

Canadian Prime Minister Mark Carney said the US is “asking less” and “offering more” in trade negotiations, as the neighboring nations once again work on a potential deal after a previous round of talks collapsed.

The European Central Bank will probably increase borrowing costs next month due to the worsening outlook for inflation, Governing Council member Joachim Nagel said.

US job openings jumped 333,000 to 7.52 million from a revised 7.19 million in August while factory orders and durable goods orders also rose. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)

The Bank of France will probably have to revise down its 2026 economic-growth forecast after activity unexpectedly shrank in the third quarter, Governor Emmanuel Moulin said.

US job openings unexpectedly jumped in September to a four-month high and layoffs fell to the lowest level in over a year, signaling firmer demand for workers heading into the fourth quarter.

Belgium’s budget plans don’t cut spending enough to put the country on firm fiscal footing, the OECD warned.

Saudi Arabia’s quarterly fiscal deficit more than doubled as the kingdom’s oil revenues tumbled on the back of disruptions from the US-Iran war and lower fees paid by state oil giant Aramco.

Brazil economists raised their interest rate and inflation forecasts through 2029 after President Luiz Inácio Lula da Silva’s shock reelection sparked a selloff that continues to ripple through financial markets.

Senegal’s parliament blocked proposed revisions to this year’s budget, prolonging a standoff over the country’s fiscal plans as the authorities seek a new financing program from the International Monetary Fund.

Thailand, Taiwan and South Korea have also posted solid shipments abroad fueled by AI

Trump may have to strike a deal with Democrats in Congress as fiscal deadlines loom.

The Trump administration’s decision to exclude South Africa from the African Growth and Opportunity Act will have a “minimal impact” on the economy as a whole, according to business leaders and economists.