Uruguay Balance of Trade Swings to Surplus in July ℹ️
Uruguay recorded a trade surplus of $88.8 million in July 2025, with exports rising 13.1% and imports growing 4.1%, driven by increases in primary goods, manufactured products, and consumer/capital goods.
Macroeconomic data shows modest trade performance with balanced growth across export and import categories. Limited direct implications for global market indices or specific portfolio holdings due to Uruguay's relatively small economic scale.
Bonds Update: Brazil 10Y Bond Yield Falls by 10 bps ℹ️
Brazil's 10-year government bond yield has decreased by 10 basis points, indicating potential market softening in Brazilian fixed income securities.
Moderate yield reduction suggests minor market volatility without significant immediate economic disruption. Signals potential short-term stabilization in Brazilian bond markets with limited broader market implications.
Colombia Unemployment Falls to 8.8% ℹ️
Colombia's unemployment rate decreased to 8.8% in July 2025, with significant improvements across gender and age groups, and an increased employment rate of 58.9%.
Macroeconomic data showing labor market improvement suggests gradual economic recovery, but lacks direct immediate implications for global portfolio performance. Modest positive signals for emerging markets segment.
Canada Government Budget Surplus Expands in June ℹ️
Canada's government reported a CAD 3.63 billion budgetary surplus in June 2025, up from CAD 0.939 billion in June 2024, with increased revenues from corporate income tax and customs duties.
Fiscal data indicates modest improvement in government revenues with marginal shifts in spending and debt charges, suggesting stable economic conditions without significant market disruption.
Chile’s industrial production rose 1% year-on-year in July 2... ℹ️
Chile's industrial production increased 1% year-on-year in July 2025, with manufacturing and utilities growing, while mining activity declined by 0.9%.
Modest industrial production growth with mixed sectoral performance suggests limited immediate market implications. Manufacturing and utilities showed resilience, but mining decline indicates potential regional economic challenges.
Chile Industrial Output Growth Slows Amid Mining Decline ℹ️
Chile's industrial production increased 1% year-on-year in July 2025, with manufacturing and utilities growing, while mining activity declined by 0.9%.
Modest industrial production growth with mixed sectoral performance suggests limited immediate market implications. Manufacturing and utilities showed resilience, but mining decline indicates potential regional economic challenges.
Chile Unemployment Steady in July ℹ️
Chile's unemployment rate remained stable at 8.7% in May-July 2025, with a slight increase in labor force and employed individuals, and a 6.0% rise in unemployed persons.
Macroeconomic data shows stable labor market conditions with minimal volatility, suggesting no significant economic disruption. Unemployment rate matches previous year's level and is below market expectations, indicating resilient economic performance.
South Africa Trade Surplus Shrinks Slightly ℹ️
South Africa recorded a trade surplus of ZAR 20.3 billion in July 2025, with imports rising 10.2% and exports increasing 8.5% across various product categories.
Marginal trade surplus indicates stable economic conditions with balanced import and export growth. Moderate fluctuations suggest minimal direct portfolio implications, with slight positive economic indicators.
Sri Lanka Trade Deficit Narrows in July ℹ️
Sri Lanka's trade deficit decreased in July 2025, with imports rising 8.5% to USD 1.88 billion and exports increasing 15.2% to USD 1.30 billion.
Marginal improvement in trade balance suggests modest economic stabilization, with export growth slightly outpacing import growth. Limited direct implications for global market sentiment.
Latvia Economy Exits Recession in Q2 ℹ️
Latvia's economy grew by 1.7% year-on-year in Q2 2025, reversing previous quarterly contractions, driven by gross capital formation and government spending despite declining household consumption.
Modest economic recovery signals potential stabilization, with growth primarily from capital investment and government expenditure. Limited direct impact on global portfolio due to Latvia's small economic scale.
The Producer Price Index in Sri Lanka edged down 0 ℹ️
Sri Lanka's Producer Price Index decreased 0.5% year-on-year in July 2025, with significant declines in agriculture and utilities sectors, while manufacturing prices showed a modest increase.
Macroeconomic indicator shows mild deflationary pressures in producer prices, suggesting potential economic softening but not a dramatic shift. Minimal direct implications for global market sentiment.
Sri Lanka Producer Prices Fall 0.5% in July ℹ️
Sri Lanka's Producer Price Index decreased 0.5% year-on-year in July 2025, with significant declines in agriculture and utilities sectors, while manufacturing prices showed a modest increase.
Macroeconomic indicator shows mild deflationary pressures in producer prices, suggesting potential economic softening but not a dramatic shift. Minimal direct implications for global market sentiment.
Malta Producer Prices Highest in Over a Year ℹ️
Malta's producer prices increased by 0.5% in July 2025, with notable rises in capital goods prices and easing deflation in intermediate goods.
Incremental producer price changes suggest modest economic activity with minimal direct portfolio implications. Marginal price movements indicate stable economic conditions without significant market disruption.
Latvia Retail Sales Growth at 7-Month High ℹ️
Latvia's retail sales increased by 1.7% year-on-year in July 2025, with significant growth in sporting goods, recreational items, cosmetics, and electrical appliances.
Moderate retail sales growth indicates stable consumer spending, but limited direct relevance to global portfolio holdings. Signals potential resilience in consumer discretionary sectors with modest economic indicators.
Serbia Jobless Rate Drops to 8.5% in Q2 ℹ️
Serbia's unemployment rate decreased to 8.5% in Q2 2025, with unemployed people dropping by 22.4 thousand, while employment rate marginally increased to 51.5%.
Macroeconomic data shows modest improvements in labor market metrics with minimal volatility. Small changes in employment and unemployment rates suggest stable economic conditions without significant market disruption.
Macau Unemployment Climbs to 2.0% Amid Graduation Season ℹ️
Macau's unemployment rate rose to 2.0% in the three-month period ending July 2025, driven by new job market entrants, with total unemployed individuals increasing to 7,600.
Marginal unemployment rate increase suggests stable economic conditions with minimal market disruption, primarily affecting local labor market dynamics without significant broader economic implications.
Serbia Industrial Output Growth at 4-Month High ℹ️
Serbia's industrial production increased by 5.5% year-on-year in July 2025, with notable growth in energy and non-durable consumer goods sectors, while durable consumer goods output continued to decline.
Limited global market implications due to Serbia's relatively small economic scale. Modest industrial growth suggests stable but not transformative economic conditions, with mixed sectoral performance.
Macedonia Industrial Output Growth Accelerates ℹ️
North Macedonia's industrial production increased by 4.1% year-on-year in July 2025, with manufacturing output growing 7.0% while mining and quarrying output declined by 10.4%.
Modest industrial production growth indicates stable economic conditions with mixed sector performance. Limited direct relevance to global portfolio due to small market size and regional specificity.
Sri Lanka Consumer Prices Rise for First Time in 12 Months ℹ️
Sri Lanka's Colombo consumer prices rose 1.2% year-on-year in August 2025, ending eleven months of deflation, with notable increases in food, clothing, and education prices.
Modest inflation signals potential economic stabilization after prolonged deflationary period, but limited global market implications due to Sri Lanka's small economic scale.
Belgium Q2 GDP Growth Confirmed at 0.2% ℹ️
Belgium's GDP grew 0.2% in Q2 2025, slowing from previous quarter, with mixed performance across sectors and modest year-on-year expansion of 1%.
Modest economic data indicates stable but decelerating growth, with minor contractions in industry and reduced investment suggesting potential economic headwinds without significant alarm.
Luxembourg Producer Prices at 7-Month Low ℹ️
Luxembourg's producer prices grew 1.3% year-on-year in July 2025, with energy prices declining 9% while other goods saw price increases, indicating a complex inflationary environment.
Moderate producer price changes suggest a stabilizing economic landscape with mixed signals across different goods categories. The softer growth and energy price decline indicate potential deflationary pressures, which could influence broader market sentiment.
Bosnia Retail Trade Growth Falls in July ℹ️
Bosnia and Herzegovina's retail sales declined 0.1% year-on-year in July 2025, with slowdowns in automotive fuel, food, and non-food product sales.
Marginal economic data point with limited global market implications. Localized retail performance suggests minor economic softening in a small market, unlikely to significantly influence broader investment strategies.
Macau Trade Deficit Narrows in July ℹ️
Macau's trade deficit narrowed in July, with exports rising 8.8% year-on-year, driven by increases in watches and jewelry, while imports decreased by 1.9%.
Marginal trade improvements suggest limited global economic implications, with localized sectoral shifts in export and import patterns.
Iceland’s economy contracted by 1 ℹ️
Iceland's economy contracted by 1.9% year-on-year in Q2 2025, with decreases in fixed investments and government spending, while household consumption showed modest growth.
Macroeconomic data reveals a slight economic slowdown with mixed indicators, suggesting limited immediate global market implications and minimal portfolio disruption.
Iceland Economy Shrinks 1.9% in Q2 ℹ️
Iceland's economy contracted by 1.9% year-on-year in Q2 2025, with decreases in fixed investments and government spending, while household consumption showed modest growth.
Macroeconomic data reveals a slight economic slowdown with mixed indicators, suggesting limited immediate global market implications and minimal portfolio disruption.
Croatia Retail Sales Growth Slows Sharply ℹ️
Croatia's retail sales grew 1.4% year-on-year in July 2025, showing a significant slowdown from previous months, with a notable 4.0% monthly contraction across all sales components.
Moderate economic data point indicating a potential softening of consumer spending in a smaller market. Limited global economic significance with minimal direct portfolio implications.
Greece Retail Sales Rebounds in June ℹ️
Greek retail sales increased by 1.8% year-on-year in June 2025, with positive rebounds in food and non-food sectors, and a milder decline in automotive fuel sales.
Economic data shows modest recovery in Greek retail sector with incremental growth across different segments. Limited direct implications for broader market positioning due to localized nature of the report.
Greek Producer Prices Slip in July ℹ️
Greece experienced producer price deflation in July 2025, with annual rates dropping to 0.5% and energy prices declining, while some goods categories saw price moderation and others saw price increases.
Moderate economic indicator showing mixed price dynamics across different goods categories, with potential implications for broader European market sentiment and inflation trends.
FX Updates: Indian Rupee Depreciates by 0.74% ℹ️
Indian Rupee depreciated by 0.74% against major currencies, with the Dollar Index showing gains of 0.11%.
Currency market fluctuations represent minor short-term volatility with limited direct portfolio implications. Minimal impact on global market indices and most portfolio holdings due to small percentage movements.
Slovenia Inflation Rate at 16-Month High ℹ️
Slovenia's annual inflation rate increased to 3% in August 2025, the highest since April 2024, with notable rises in clothing, footwear, and health costs.
Moderate inflation increase suggests stable economic conditions with mixed price pressures across different sectors. The change is incremental and does not signal dramatic economic shifts.