International Economic
London close: Stocks finish April in risk-on mood
London stocks reversed course to finish the month of April on a positive note, despite the selling centred on lenders' shares after first-quarter earnings from NatWest failed to impress.
Expanding demand crucial to continuation of current recovery, Chinese Politburo says
China's Politburo said that expanding demand was crucial to sustaining the current recovery.
US personal spending unchanged in March as price pressures ease
Personal incomes grew a tad more quickly than expected during the previous month, but spending was unchanged.
US consumer sentiment little changed in April - Uni Michigan
US consumer sentiment was little changed in April, according to a survey released on Friday by the University of Michigan.
US employment costs rise slightly more quickly than expected in Q1
Employment costs for civilian workers in the US picked up a little at the start of 2023.
German inflation slows more than expected in April
German inflation fell a little more than expected in April, according to preliminary figures released on Friday by Destatis.
German economy narrowly escapes recession
Germany narrowly avoided slipping into recession in the first quarter, official data showed on Friday.
Eurozone economy grows less than expected in Q1
The eurozone economy grew at a slower rate than expected in the first quarter, according to preliminary figures released on Friday by Eurostat.
Cryptos continue to rise; Bitcoin at $29,500 and Ethereum at $1,900
Cryptocurrencies continue to rise. Bitcoin (BTC) gains around 2% in the last 24 hours and tests $29,500. For its part, Ethereum (ETH) soars another 2% and exceeds $1,900.
BoJ keeps rates steady, announces policy review
The Bank of Japan on Friday left interest rates unchanged after the first policy meeting chaired by in new governor Kazuo Ueda and announced a policy review of its easing measures.
US pending home sales tumble 23.2% YOY in March
US pending home sales tumbled last month amid a lack of housing stock for potential buyers to choose from.
US GDP growth slows unexpectedly at the start of 2023
The American economy grew more slowly than anticipated at the start of 2023.
Weekly US jobless claims unexpectedly drop by 16,000
Fewer Americans filed for unemployment benefits during the previous week than economists had anticipated.
Cryptos trade mixed ahead of U.S. GDP; Bitcoin at $28,900
Cryptos trade mixed amid a sense of calm. Bitcoin (BTC) rebounds about 0. 5% and hovers around $28,900, while Ethereum (ETH) approaches $1,900 after rising 0. 3% in the last 24 hours.
Euro area economic sentiment remains largely unchanged in April
Economic sentiment in the single currency bloc was broadly unchanged in April, the results of a survey revealed.
US visible trade deficit narrows sharply
America's shortfall on trade in goods with the rest of the world narrowed sharply and unexpectedly last month.
US durable goods orders jump in March driven by demand for aircraft
Orders for goods made to last more than three years easily outpaced forecasts in March, albeit chiefly due to a big rebound in the oft-volatile orders for jet aircraft.
Crytos rise following renewed fears in the banking sector
There´s been a turnaround in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) rise after several sessions where they had fallen and they have now soared in the last 24 hours by more than 3% and 2%, respectively. The reigning cryptocurrency rebounds above $28,300 at the moment, while the leading altcoin regains $1,860.
US new home sales jump in April, prices rise
Home selling activity in the States picked up unexpectedly last month.
US consumers sour on the outlook for business conditions and the jobs market
Consumer confidence in the US slipped as Americans soured on the outlook, especially those younger than 55 and belonging to households earnings more than $50,000.