International Economic
Euro area business activity stabilises in January, PMIs show
Business activity in the single currency bloc steadied at the start of 2023 thanks to lower energy prices and optimism around China's reopening, the results of two closely followed surveys revealed.
Contraction in US private sector activity eases in January, PMIs show
The rate of decline in US private sector activity eased at the start of 2023, although hiring remained soft, survey results revealed.
Cryptocurrencies rebound; Bitcoin recovers at the $23,000 level
The cryptocurrency market has rebounded remarkably after a hesitant start of the week. Bitcoin (BTC) has risen more than 1% in the last 24 hours and is now above $23,000; the rebound of the reigning cryptocurrency has allowed the market to regain the $1 trillion market capitalization. For its part, Ethereum (ETH) is trading slightly lower, but remains above $1,600.
German consumer confidence edges higher
German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease.