International Economic
US housing market index rises for third consecutive month
The National Association of Housebuilders/Wells Fargo housing market index increased for a third month in a row.
US producer prices dip unexpectedly in February
Wholesale inflation in the US slipped unexpectedly last month as food and services prices fell again.
US retail sales dip by less than expected in February
Americans barely reined in their spending last month, even after January's splurge.
NY manufacturing activity deteriorates sharply in March
Manufacturing activity in the New York region deteriorated sharply in March, according to data released on Wednesday.
EZ industrial production rises 0.7% in January
Eurozone Industrial production increased by 0. 7% in January, better than the 0. 4% expected, according to data released on Wednesday.
Cryptos moderate their rebound after the US CPI; Bitcoin tests $25,000
Cryptocurrencies extend Tuesday's gains. Bitcoin (BTC) moderated its gains after surpassing $26,000 and is close to $25,000 on Wednesday. For its part, Ethereum (ETH) rises nearly 2% in the last 24 hours and is trying to consolidate at the $1,700 level.
China's economy shows signs of recovery
China’s economy strengthened in the first two months of 2023, official data showed on Wednesday, after the end of Covid restrictions boosted consumer spending.