International Economic
Fed hikes 25bp, opens door to possibility of a pause
The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle.
US services sector activity strengthens a bit in April, ISM says
Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed.
US services sector activity strengthens in April, S&P Global says
America's services sector strengthened last month, roughly as expected, the results of a survey revealed.
US private sector employment rises more than expected in April - ADP
Private sector employment in the US rose more than expected in April, according to data released by ADP on Wednesday.
Eurozone unemployment falls to record low
Unemployment in the Eurozone eased by more than expected in March, official data showed on Wednesday.
Cryptos rise ahead of Fed rate decision
Cryptocurrencies are rising ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) and Ethereum (ETH) gain 2% in the last 24 hours to over $28,600 and $1,860, respectively.
US job opening decline further in March
The number of job opening continued to decline in March alongside a decrease in the number of Americans choosing to change employment.
US government could run out of cash in early June, Yellen warns
The US government was likely to run out of cash to meet all of its obligations, possibly as soon as next month, unless Congress acted.
Euro area money supply growth slows in March
Money supply growth in the single currency bloc slowed in March.
Euro area credit standards tightened by most since 2011 in first quarter
Lenders in the single currency area tightened their credit standards at the start of 2023 at the quickest pace since the 2011 debt crisis, the results of a survey revealed.
Eurozone inflation edges higher in April
Eurozone inflation edged higher in April as energy prices rose, but core inflation unexpectedly eased, according to data released on Tuesday by Eurostat.
EZ factory final PMI confirmed at 45.8 in April
Eurozone factory activity was confirmed as contracting last month, although not as much as recorded in a flash estimate, according to survey data released on Tuesday.
RBA shocks markets with rate rise
Australia's central bank surprised markets on Tuesday when its lifted its key interest rate again and warned of more hikes to come as it battled to combat persistent inflation.