International Economic
Eurozone economy grows for first time since June 2022
The eurozone economy grew in January for the first time since June 2022, according to a survey released on Friday.
Bitcoin and cryptocurrencies fall, pending the US jobs report
The cryptocurrency market falls once again. Bitcoin (BTC) has dropped more than 1. 5% in the last 24 hours and is below $23,500 after reaching over $24,000 previously. For its part, Ethereum (ETH) also falls, by 1. 8%, and tries to maintain the $1,600 level.
China services activity expands more than expected
Activity in China’s services sector expanded more than expected in January as Covid curbs were eased, according to data released on Friday.
London close: Stocks jump as investors eye interest rate peak
London stocks jumped on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row.
ECB raises rates by 50bp, flags March hike
The European Central Bank went ahead and hiked interest rates by 50 basis points on Thursday as was widely expected.
US layoff announcements more than double in January, Challenger says
US layoff announcements more than doubled in January as firms girded themselves for an anticipated recession, according to the latest tally from one of the country's best known staffing firms.
Weekly US jobless claims slip lower again
Unemployment claims in the US continued to run below forecasts over the preceding week, defying expectations for a post-Christmas rebound.
US Q4 labour productivity beats forecasts, limiting unit cost growth
Fourth quarter labour productivity in the US was higher than expected, helping to limit unit labour cost growth.
Germany manufacturing materials shortages fall in January - Ifo
Materials shortages have decreased in German manufacturing, according to a survey by the Ifo economic institute published on Thursday.
Bitcoin aims for $24,000, helped by the Fed´s speech
There are very strong gains for cryptocurrencies. Bitcoin (BTC) rallies more than 3% and is aiming for $24,000, while Ethereum (ETH) soars 5. 83% to $1,660 and is trying to test $1,700.
German exports fall 6.3% in December
German exports fell more than expected in December as the impact of high inflation and the war in Ukraine hit trade, according to official data released on Thursday.
Fed raises rates by 25bp, says more hikes anticipated
The US central bank raised the range for its benchmark interest rate by 25 basis points to 4. 5-4. 75% and said it foresaw further hikes.
US factory sector activity shrinks more quickly than expected in January, ISM says
Factory sector activity in the US shrank more quickly than expected at the beginning of 2023, the results of a closely followed survey showed.
US hiring slows in January impacted by extreme weather, ADP says
Hiring in the US private sector slowed significantly at the start of 2023, the results of a survey revealed.
US job openings jump in December
Labour demand in the States remained high at the end of 2022, a very closely followed survey showed.
US factory activity shrinks at the start of 2023, S&P Global says
The decline in US factory activity at the start of 2023 was a tad less than previously thought, revised results to a closely followed survey revealed.
OPEC+ keeps crude oil output quotas steady
The Organisation of Petroleum Exporting Countries and its main producer allies decided to keep their production quotas steady.
Eurozone inflation falls more than expected in January
Headline inflation in the eurozone fell more than expected in January, according to a flash estimate released on Wednesday by Eurostat.
Tense calm for cryptocurrencies; the market awaits Powell and the Fed
There´s a tense calm in the cryptocurrency market. Bitcoin (BTC) rises 0. 47% and regains $23,000 after Tuesday's steep losses, while Ethereum (ETH) is trading slightly lower, at around $1,600.
Slowdown in China's manufacturing sector eases - Caixin
The slowdown in China’s manufacturing sector eased a little in January, according to data released on Wednesday.