Indonesia's economic growth accelerated in the third quarter driven by strong increases in government spending and investment, official data showed Thursday. Gross domestic product grew 5.47 percent year-on-year in the third quarter, Statistics Indonesia said.

Service sector growth in the U.S. saw a modest slowdown in the month of October, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI edged down to 54.5 in October after dipping to 54.9 in September, although a reading above 50 still indicates growth. Economists had expected the index to slip to 54.7.

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. grew by more than expected in the month of October. The report said private sector employment climbed by 86,000 jobs in October, matching a downwardly revised increase in September.

With exports increasing by more than imports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit unexpectedly shrank in the month of September. The Commerce Department said the trade deficit narrowed to $105.0 billion in September from a revised $105.7 billion in August.

The euro area private sector growth moderated to a four-month low in October as new order receipts came close to stalling and output price inflation remained historically high, final purchasing managers' survey data from S&P Global showed Wednesday. The final composite output index fell to 51.7 in October from 53.1 in the previous month. The flash reading was 51.9.

Eurozone inflation accelerated to a three-year high in October on energy prices, reinforcing expectations for another interest rate hike. Inflation increased to 4.0 percent in October from 3.8 percent in September, flash data from Eurostat showed Wednesday.

Sweden's central bank raised its benchmark interest rate by a quarter-point as inflation is expected to continue rising going forward and hinted at further tightening in the coming year. The Executive Board of Riksbank decided to raise the key policy rate to 2.00 percent from 1.75 percent.

The Commerce Department released a report on Tuesday showing new orders for U.S. manufactured goods surged by more than expected in the month of September. The report said factory orders shot up by 1.8 percent in September after rising by an upwardly revised 0.3 percent in August. Economists had expected factory orders to jump by 1.2 percent.

The Reserve Bank of Australia raised its benchmark interest rate for the fifth time this year to the highest level in 18 years in order to bring inflation sustainably back to the target. The board, governed by Michele Bullock, voted 6-3 to lift the cash rate target by 25 basis points to 4.85 percent, marking the highest rate since 2008.

Construction spending in the U.S. unexpectedly pulled back sharply in the month of September, according to a report released by the Commerce Department on Monday. The report said construction spending tumbled by 1.9 percent to an annual rate of $2.186 trillion in September after surging by 2.0 percent to a revised rate of $2.227 trillion in August.

The Institute for Supply Management released a report on Monday showing its reading on U.S. manufacturing activity increased by more than expected in the month of October. The ISM said its manufacturing PMI rose to 55.5 in October after edging down to 54.5 in September, with a reading above 50 indicating growth. Economists had expected the index to inch up to 54.6.

The U.S. Dollar firmed up during the week ended October 30 amidst hawkish monetary policy signals from the Fed, a rise in PCE-based inflation readings, solid U.S. economic growth update as well as persisting safe haven demand.

The euro area manufacturing activity expanded at a solid pace in October despite slowdown in factory order growth and intensifying supply-chain pressures, final purchasing managers' survey data from S&P Global showed Monday. The final manufacturing Purchasing Managers' Index fell to 52.7 in October from 52.9 in the previous month, which was the highest score since May 2022.

Growth in Chicago-area business activity slowed moderately in the month of October, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer fell to 55.3 in October after spiking to 58.8 in September, although a reading above 50 still indicates growth. Economists had expected the business barometer to pull back to 56.0.

UK house prices grew at the slowest pace since the start of 2024 as rising interest rate expectations weighed on the property market in October, data published by Nationwide Building Society showed Friday. House prices grew only 0.5 percent in October from the previous year. This was weaker than the 0.8 percent rise in September and economists' forecast of 0.6 percent.

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the Bank of Japan left its key interest rate unchanged after a hike last month as underlying inflation is assessed to be consistent with the 2 percent inflation target.

The French economy contracted unexpectedly in the third quarter on weak investment and exports, amid high borrowing costs and social unrest clouding the outlook. Gross domestic product fell 0.1 percent sequentially after stagnating in the second quarter, preliminary data from the statistical office INSEE revealed Friday. Economists had forecast the economy to expand 0.1 percent.

The Bank of Japan left its key interest rate unchanged on Friday after a hike last month as underlying inflation is assessed to be consistent with the 2 percent inflation target. The policy board, governed by Ueda Kazu, voted 8-1 in favor of holding the interest rate at 1.25 percent, the highest since 1995.

The European Central Bank left its key interest rates unchanged on Thursday, as expected, after raising them in September, and the chief Christine Lagarde revealed her decision to step down next year, as policymakers wait for the effect of the past moves amid surging inflationary pressures and study the impact of the turmoil in French bond yields.

Economic growth in the U.S. exceeded economist estimates in the third quarter of 2026, according to a report released by the Commerce Department on Thursday. The Commerce Department said real gross domestic product shot up by 3.4 percent in the third quarter after jumping by 2.2 percent in the second quarter. Economists had expected GDP to surge by 3.1 percent.

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.5 percent in September after rising by 0.3 in August. The increase matched expectations.

The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended October 24th. The report said initial jobless claims edged down to 194,000, a decrease of 1,000 from the previous week's revised level of 195,000. Economists had expected jobless claims to rise to rise to 199,000.

Eurozone economic sentiment deteriorated to a four-month low in October as sentiment weakened across most sectors, monthly survey data from the European Commission revealed Thursday. The economic confidence index dropped to 96.9 in October from revised 97.5 in the previous month.

The Canadian dollar strengthened against other major currencies in the Asian session on Thursday, as the crude oil prices surged after reports suggest possible U.S. attacks on Iran by next week, fueling supply disruption concerns for an indefinite period.

After raising interest rates for the first time in three years last month, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged following its latest meeting. The Fed said it decided to maintain the target range for the federal funds rate at 3.75 to 4.0 percent in support of its dual goals.