The official #unemployment rate has become a much less informative indicator than it was 30y or 40y ago b/c labour markets have changed structurally, chart @EU_eurostat ec.europa.eu/eurostat/web...
Профиль
acemaxx analytics
Профиль Vivelymacro economics, charts, books, short interviews, Alumni University of St. Gallen, Switzerland https://acemaxxanalytics.substack.com/
#Germany #Rhine drought strands ships and forces #German production shutdowns Crucial trade #river near its lowest level in 8y as #temperatures head towards 40C, chart @financialtimes.com www.ft.com/content/e5cb...
#SNB #Swiss National Bank reports a profit of CHF252bn for the 1H2026, chart @SNB_BNS www.snb.ch/en/publicati...
#IMF says: #Deficit countries should reduce fiscal deficits strengthen public finances, increase domestic saving … #Surplus countries should stimulate domestic consumption, allow exchange rates to adjust … chart #IMF News www.imf.org/en/blogs/art...
(preliminary) #Germany #inflation CPI in July 2026: 2.8%Y, 0.8%M, chart @destatis www.destatis.de/EN/Press/202...
The American economy slowed in the 2Q2026, expanding at an annual rate of 1.5% as the war with #Iran upended prices, supply chains and #energy markets, chart @nytimes.com www.nytimes.com/2026/07/30/b...
(note to self) Why didn't #BoJ simply raise rates? b/c #Japan faces a difficult trade-off. Higher interest rates would: strengthen the yen. But they would also: increase debt-service costs on #Japan's public debt ..., chart @reuters.com www.reuters.com/business/fin...
#Japan ’s finance minister warned last week that the authorities stood ready to take “appropriate and bold action” after the “yen fell past ¥163 to the dollar for the first time in 40y, chart @financialtimes.com www.ft.com/content/8455...
#FX The #yen surged by more than 3% against the US dollar, marking its biggest jump since Dec 2023 and stoking speculation that #Japanese officials again intervened in the market, chart @bloomberg.com www.bloomberg.com/news/article...
Soumaya Keynes' @financialtimes.com op-ed is more nuanced than a simple call for protectionism. She argues that #UK 's service-oriented economy, remaining manufacturing niches, and current policy stance leave it less exposed to #China 's export surge than many peers: www.ft.com/content/0ed8...
#China exports and imports chart @data.ft.com www.ft.com/content/0ed8...
Despite surging US corporate #profit growth and ebullience over #AI spending, US household #sentiment remains relatively subdued, charts @reuters.com www.reuters.com/business/us-...
US #borrowing costs hit the highest level since 2007 after the #Fed held rates steady, underscoring fears that the CB will not be able to contain the inflationary shock from Donald Trump’s #Iran #war - chart @financialtimes.com www.ft.com/content/5c8a...