EU Finalizes Digital Services Tax Framework After Two-Year Negotiation
New framework imposes minimum 3% levy on digital revenue exceeding 750 million euros, affecting major tech platforms operating within the bloc.
Fed, ECB, and Bank of Japan align messaging on gradual policy easing as inflation data converges toward targets across major economies.
New framework imposes minimum 3% levy on digital revenue exceeding 750 million euros, affecting major tech platforms operating within the bloc.
Single-family permits reach highest monthly total since 2021. Regional data shows strongest growth in Sun Belt markets.
Brazilian real and South African rand lead gains as investors rotate into higher-yielding assets amid Fed pivot expectations.
Export rebound led by electronics and green energy products. Imports remained flat, suggesting cautious domestic consumption.
Real wage gains strengthen consumer purchasing power, though economists warn tighter labor markets could reignite price pressures.
Saudi Arabia maintains voluntary 1 million barrel per day reduction. Brent crude holds steady above $80 per barrel.
Declining leading indicators and tightening credit conditions suggest recession risks remain elevated despite market optimism.
Supply chain restructuring, industrial policy, and geopolitical fragmentation are reshaping the economic landscape faster than consensus estimates suggest.