Market Pulse - Currencies
Spanish headline CPI retreats in December
The cost of living in Spain was little changed at the end of 2022, but headlines prices came off sharply in annual terms, even as core inflation picked up.
US pending home sales drop for sixth consecutive month in Novermber
Pending home sales declined for sixth consecutive month in November with contract signings lower across all four regions.
US new home sales snap back unexpectedly
Sales of new homes in the US rose unexpectedly in November, although some economists believed that they remained "an accident waiting to happen".
US consumer confidence rises, inflation expectations drop, University of Michigan says
Consumer confidence in the US rebounded a tad more than previously thought at the end of 2022, the final results of a closely followed survey showed.
US housing starts hold up in November, permits do not
The pace of homebuilding activity held up better than expected last month, the latest government data revealed, but the finer details pointed to a further slowdown ahead.
US economic activity slows sharply in December, S&P Global says
Economic activity in the US slowed sharply further at the end of 2022, according to the results of two surveys.
ECB will continue 50bp hikes for 'a period of time'
The European Central Bank will continue hiking interest rates by 50 basis points per meeting for "a period of time", President Christine Lagarde said.
Americans rein in their spending a bit in November
Americans unexpectedly reined in their spending a bit in November.
US Philly Fed index rebounds a bit less than expected in December
Factory activity in the US mid-Atlantic region continued to shrink at the end of 2022, albeit at a slower clip, the results of a closely followed survey revealed.
Announcement of 'major' breakthrough in nuclear fusion expected on Tuesday
Scientists in the US achieved a net energy gain through a fusion reactor for the first time ever, a potential breakthrough in attempts to harness the limitless source of clean energy.
EU coalescing around $60 per barrel price cap on Russian crude oil exports
European Union member states were nearing a consensus on the level for the block's price cap on Russian crude oil exports centred on the $60 barrel mark.