International Economic
Slower US wage growth in December may point to 25bp Fed hike, Barclays says
US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022.
Consumer confidence rises and inflation expectations drop in December, University of Michigan says
Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed.
US import prices register first increase in six months
US import prices unexpectedly broke a five-month streak of declines at the end of 2022.
Eurozone industrial production sparks
Industrial production unexpectedly pushed higher in the Eurozone in November, official figures showed on Friday.
German economy grows touch more than expected in 2022
The German economy grew a touch more than expected last year but growth likely stagnated in the final quarter, according to an initial estimate released on Friday by Destatis.
Cryptocurrencies rise unabated; Bitcoin flirts with the $19,000 mark
The cryptocurrency market continues to rise and recovers the $900 billion market capitalization. Bitcoin (BTC) has risen almost 4% in the last 24 hours and stands at $18,820, as it aims for $19,000. Ethereum (ETH), meanwhile, has increased 0. 8% and is trying to consolidate at $1,400, levels not seen since November 8, shortly before FTX's bankruptcy filing.
China's exports, imports tumble
Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened.