International Economic
Contraction in Chicago manufacturing slows in December
The contraction in manufacturing sector activity in the Chicago area slowed some at the end of 2022, the results of a closely followed survey revealed.
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.
Bitcoin ends a bleak 2022 for cryptocurrencies, as it clings to $16,000
Cryptocurrencies have experienced a bleak year and a 2022 they´d rather forget. In recent sessions, Bitcoin has not managed to recover and has clung to the level of $16,000, being unable to reach the area of $17,000 where its resistance is placed.
US weekly jobless claims rise by a bit more than expected
Jobless claims in the States rose by slightly more than expected during the prior week.
Bitcoin fails to recover and keeps falling lower at the $16,000 level
Bitcoin ends the year on a bad note, as it extends its bearish season and keeps falling lower at the $16,000 level. The cryptocurrency par excellence has plummeted approximately 64% so far in 2022 and already accumulates losses of more than 76% compared to its last all-time high in November 2021.
US factory activity improves modestly in December, Richmond Fed says
Manufacturing activity in the US central Atlantic region stopped contracting at the end of 2022, the results of a survey revealed.
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 mortgage applications rise 0.9% week-on-week
US mortgage applications rose 0. 9% week-on-week in the seven days ended 16 December, according to the Mortgage Bankers Association of America.
Japan, Taiwan to test China arrivals as Covid cases surge
The Japan and Taiwan have announced measures on Wednesday to deal with an expected influx of travellers from China after Beijing said it planned to relax Covid border controls amid a surge of cases in that country.
Bitcoin´s further away from $17,000, during a day of losses
Bitcoin´s price continues to decline for the seventh consecutive day. On Wednesday, losses exceed 1%, bringing the quintessential cryptocurrency further away from its resistance level above $17,000.
Bitcoin fails to break resistance and clings to the $16,000 range
During the final week of a difficult year for cryptocurrencies, Bitcoin fails to break through resistance above $17,000 and remains in the $16,000 range. Investors have stayed away from digital currencies this holiday season, driving volatility in the market to record lows.
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 durable goods orders fall sharply on drop in those for jets
Spending by US companies on goods meant to last more than three years fell by more than anticipated during the previous month, even if chiefly due to the volatility in those for aircraft .
US personal spending and price pressures slow in November
Americans reined in their spending towards the end of 2022 but only following the sharp acceleration seen during the previous month.
Core inflation reaches four-decade high in Japan
Fresh data out of Japan showed core consumer prices rising at their fastest rate in more than 40 years on Friday, in an economy notorious for its usual lack of inflationary pressure.
US existing home sales fall by more than anticipated in November
Existing home sales in the US slowed more than expected last month.
US consumer confidence rebounds to April's levels, Conference Board says
American consumers were unexpectedly more upbeat at the end of 2022, the results of a survey revealed.
US current account deficit narrows to 3.4% of GDP in Q3
The shortfall on America's current account narrowed by a bit more than expected over the three months to September.
US mortgage application growth cools to 0.9%
US mortgage applications rose 0. 9% in the week ended 16 December, according to the Mortgage Bankers Association, cooling off from the previous week's 3. 2% jump.