International Economic
Experts debate potential impact of BA.2 'stealth Omicron' subvariant on pandemic
Experts continued to debate to what extent so-called 'stealth Omicron', the subvariant of its namesake strain of Covid-19, would lead to another peak in infections.
OPEC+ to boost output in March by 0.4m b/d, as expected
The Organisation of the Petroleum Exporting Countries and its main allies, or OPEC+ as they are collectively known, will raise their combined output of crude oil in March as expected.
US private sector employment unexpectedly drops in January
Private sector employment in the US unexpectedly fell in January amid a surge in Covid infections, according to the latest data from ADP.
Euro area CPI surprises sharply to the upside in January
The cost of living in the Eurozone nudged higher unexpectedly at the start of 2020 as energy and unprocessed food prices jumped sharply.
Bitcoin is "a superior form of money" and "many of its risks are gone"
The way in which traditional investors approach Bitcoin is not the most appropriate, Fidelity's experts belive, as they tend to treat Bitcoin the same way as any other technological investment. They point out, however, that Bitcoin's first breakthrough "was not as a superior payment technology, but as a superior form of money," since as a monetary asset "Bitcoin is unique. ".
Spanish Covid-19 vaccine shows high efficacy against Omicron variants
The Covid-19 vaccine being developed by Spain's Hipra has shown a "high efficacy" against the new Omicron variants and is now entering third phase clinical trials.
US job openings increased a tad in December, but 'quits' rate dips
The number of job openings in the US increased a little at the end of 2021, even as hiring and voluntary separations dipped.
US manufacturing sector continues growing at rapid pace in January amid price pressures
Factory sector activity in the US slowed by a bit more than anticipated last month amid ongoing shortages of key inputs, including for labour, or transportation problems, the results of a closely-followed survey revealed.
Eurozone unemployment rate hits record low
Unemployment eased across the Eurozone to pre-pandemic levels, official data showed on Tuesday, helped by better-than-expected figures in Germany, the bloc’s largest economy.
Bitcoin´s price still unable to reach $40,000 despite strong rebound in 'cryptos'
There is a strong rebound in the cryptocurrency market that started in February, offering hope to market operators that the price of Bitcoin will return to figures above $40,000 sooner rather than later. All in all, the 'altcoins' that shine brightly during the early stages of the month, while the queen of cryptocurrencies does not seem able to shake off its recent trading range and remains below the highs of January 26th, almost at $39,000, when it rebounded from the lows of January 24th, at $33,000.
Eurozone manufacturing PMI hits 5-month high
Growth in the eurozone manufacturing sector accelerated in January as supply chain issues started to ease, according to a survey released on Tuesday.
German December retail sales fall more than expected
German retail sales fell more than expected in December, as tighter coronavirus-related restrictions hit textiles, clothing, shoes and leather goods, according to official data released on Tuesday.