International Economic
Eurozone inflation reaches 7%
Eurozone inflation reached 7% in April, official data showed on Wednesday, in line with expectations.
US retail sales rise by less than expected in April
American consumers last month resumed their outlays but at a slower than anticipated pace.
US industrial production edges past forecasts in April, driven by manufacturing
Industrial production in the States bounced back last month after two months of flat output, driven by a rebound in factory activity.
Eurozone GDP edges higher in first quarter
The Eurozone economy grew only marginally in the first quarter, official data showed on Tuesday, in line with expectations.
German business sentiment deteriorates in May - ZEW
German business sentiment deteriorated much more than expected in May as worries about rate hikes and the US debt ceiling took their toll, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Cryptos fall; Bitcoin tests important supports
Few movements in cryptocurrencies. Bitcoin (BTC) is around $27,200 after dropping 0. 6% in the last 24 hours and Ethereum (ETH) is around $1,8000 after falling 0. 4% in the last day.
China slowdown fears as ind production, retail sales miss forecasts
Chinese industrial production and retail sales both grew less than expected, according to official data, fuelling worries that the post-Covid rebound expected to drive the global economic rebound was running out of steam.
NY Fed factory index drops sharply in May
Factory sector activity in and around the state of New York worsened sharply in May, the results of a closely followed survey revealed.
Brussels raises inflation forecasts
Brussels lifted its annual inflation forecasts on Monday, on the back of “persistent” pricing pressures.
Eurozone industrial production slumps
Industrial production fell sharply in the Eurozone in March, official data showed on Monday, missing forecasts for a far smaller decline.
US consumer sentiment hit in May by worries about economy, debt ceiling
Concerns about the economy, including around the debt ceiling standoff, hit consumer sentiment in the US in May, the results of a closely followed survey revealed.
US import prices rise in April for first time in 2023
US import prices rose in April for the first time in 2023 as fuel import costs rose.
Cryptos suffer from fears of market illiquidity
Sharp falls in the cryptocurrency market. Bitcoin (BTC) has dropped 4% in the last 24 hours and falls below $26,500, while Ethereum (ETH) drops another 4% and falls to $1,760. Both cryptos are now rising.
US jobless claims hit highest level since early 2021
The number of Americans filing for unemployment benefits rose more than expected last week, according to data released on Thursday by the Labor Department.
US producer prices rise at slowest pace since January 2021
US producer prices rose at their slowest pace in April since January 2021, according to data released on Thursday by the Bureau of Labor Statistics.
Cryptos turn bearish; is Bitcoin headed for $25,000?
The cryptocurrency market turns bearish. Bitcoin (BTC) starts the day flat at $27,500 after dropping 0. 3% in the last 24 hours, as does Ethereum (ETH): the largest altcoin in the market falls 0. 4% in the last day to $1,830.
China inflation falls to lowest rate in more than two years
Consumer inflation in China dropped to its lowest rate in more than two years in April, while producer price deflation deepened further, according to data released on Thursday.
US CPI rises as expected in April, up by 0.4%
The cost of living in the US rose as expected in April, hitting a two-year low in the process.
ECB's Nagel says interest rate hikes coming to final stretch
The European Central Banks' tightening campaign was entering its final phase, the head of the Bundesbank said.
German inflation nudges lower in April
German inflation edged lower in April, official data confirmed on Wednesday, although high food prices kept it from falling further.