Bloomberg Surveillance

The incoming cohort of US senators will face crucial questions about Social Security’s finances on their watch.

French bond spreads relative to German bunds have widened “somewhat” as a result of both global and country-specific factors, European Central Bank Governing Council member Olli Rehn said.

Colombian lawmakers early Tuesday approved a 16% budget increase, adding to investor concerns over the nation’s growing debt burden.

While the Bank of England is busy stress testing the UK’s private markets, another threat is looming in the minds of regulators.

Tiina Lee, Citi's UK chief executive officer, comments on Chancellor of the Exchequer John Healey’s potential plan to raise bank taxes in next week's budget. "That would be disappointing news," Lee tells Bloomberg Television. "But, of course, it's not everything," she adds. "It is important that the government maintains fiscal responsibility." (Source: Bloomberg)

German investor confidence dropped for the first time since April, highlighting the economy’s bumpy recovery from a multiyear malaise.

Bank Indonesia’s reluctance to raise interest rates faces a fresh test Wednesday, with bets on a hike increasing as the threat of a double downgrade to the nation’s stock market fuels capital outflows and piles pressure on the rupiah.

Hungary plans to bring its budget deficit to below 3% by 2030, Prime Minister Peter Magyar said as he stressed the importance of setting public finances on a sustainable path.

The UK will need to borrow £3 billion ($4 billion) more than previously planned this fiscal year to cover higher debt costs and public spending, according to government bond dealers surveyed by Bloomberg.

China’s central bank may be embarking on a multi-month transition toward an overnight policy interest rate, a shift that will require more frequent liquidity operations using the new benchmark candidate to test market reception, analysts say.

China’s finance minister opened a key gathering of APEC officials in Hong Kong by delivering a warning about global economic uncertainty and tumult, calling for a joint effort to prevent spillovers from policy shifts.

UK joblessness fell and employers added jobs, according to official figures that give an unexpected boost to Chancellor of the Exchequer John Healey ahead of his crucial budget next week.

South African Finance Minister Enoch Godongwana is expected to signal the country’s commitment to fiscal discipline on Wednesday, with its debt-to-GDP ratio set to decline for the first time in more than two decades — potentially paving the way for a credit-rating upgrade as soon as next month.

Further weakening of the zloty is among the factors that could tip Polish policymakers to raise interest rates, a Monetary Policy Council member said.

Hungary’s central bank is set to keep interest rates unchanged for a second month after Prime Minister Peter Magyar unveiled his budget plan for next year.

Guo Kai, former PBOC official and president of the CF40 Institute, says China’s policy stimulus is sufficient to achieve this year’s growth target. He speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)

India’s central bank is reportedly tightening scrutiny of large overseas investments by domestic companies as it seeks to contain capital outflows amid pressure on the rupee.

The People’s Bank of China’s consideration of shifting its policy rate benchmark to the overnight reverse-repo rate would effectively lower borrowing costs, supporting bond investments, according to analysts.

Japan will take fiscal sustainability into account as it considers how to fund increased defense spending, the nation’s finance minister said, after local media reported that the government was weighing an additional corporate tax hike to finance the measure.