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Overseas Headlines – August 27, 2026

August 27, 2026

 

 

 

United States:  

US Goods-Trade Deficit Widens to Largest Since March 2025

 

The US merchandise-trade deficit widened in July to the largest since early last year on a multi-decade surge in inbound shipments of capital equipment.

 

The shortfall in goods trade grew 17.2% from the prior month to $118.8 billion, the largest since March 2025, Commerce Department data showed Thursday.

 

https://www.bloomberg.com/news/articles/2026-08-27/us-merchandise-trade-deficit-widens-to-largest-since-march-2025

 

 

 

 

Europe:

ECB Officials Discussed Need for ‘Mildly Restrictive’ Policy

 

European Central Bank officials discussed whether “mildly restrictive” monetary policy could be needed to ensure inflation returns to the 2% target, according to a summary of the meeting.

 

Some would have supported an interest-rate increase last month, citing “the low likelihood of a situation in which a further rate hike would not be warranted,” the account of the July 22-23 gathering showed.

 

https://www.bloomberg.com/news/articles/2026-08-27/ecb-officials-discussed-need-for-mildly-restrictive-policy?srnd=phx-economics-v2

 

 

 

 

 

Asia:

China’s Industrial Profit Growth Slows to Weakest This Year

 

Growth in China’s industrial profits slowed for a third straight month to the weakest pace this year, as a cooling economy weighed on production and price gains.

 

Industrial profit growth eased again in July to 11.2%, leaving earnings up 17.6% in the first seven months of the year, official data showed Thursday.

 

https://www.bloomberg.com/news/articles/2026-08-27/china-s-industrial-profit-growth-slows-to-weakest-this-year

 

 

 

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