International Economic
US pending home sales drop to record low in October
US pending home sales dropped to a record low in October as mortgage rates rose sharply.
Chicago PMI surges in November
November's Chicago purchasing managers' index surged to 55. 8 last month, according to the Institute for Supply Management.
Court overturns Apple's appeal of UK mobile markets probe
The Court of Appeal has upheld the Competition and Markets Authority’s (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming.
US jobless claims rise by 7,000
Americans filed unemployment claims at an accelerated clip in the week ended 25 November, according to the Labor Department.
US inflation slows in October as consumers ease spending
US inflation eased as expected in the month of October, according to data released Thursday by the Bureau of Economic Analysis (BEA), which will provide some reassurance to the Federal Reserve that elevated interest rates are doing their job to cool economic growth and tame price pressures.
German unemployment still rising despite total employment record
The number of employed rose in Germany in October, albeit marginally, as seasonally-adjusted figures showed a slight uptick in the number of those in work since the summer.
Eurozone inflation slows to just 2.4% in November
Eurozone inflation slowed much more than expected in November, according to figures released Thursday by Eurostat, raising hopes that the European Central Bank (ECB) may move to cut interest rates sooner than predicted.
China's factory activity declines for second month
China’s manufacturing sector continued to falter in November, official data showed on Thursday, despite government support.
German retail sales bounce back in October
Retail sales in Germany rose much more than expected in October, according to figures out Thursday by Destatis, the federal statistics office.
US economy grows more than expected in Q3
The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department.
German inflation falls by more than expected
German inflation eased in November to the lowest level for more than two years, official data showed on Wednesday.
UK economy to grow at sluggish pace - OECD
The UK economy will grow this year and the next, a leading global organisation forecast on Wednesday, but only at a sluggish pace.
Eurozone economic sentiment ticks higher
Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday.
German business sentiment improves again - Ifo
German business sentiment improved again in November, albeit a little less than expected, according to a survey released on Friday by the Ifo Institute.
German economy contracts slightly in third quarter
The German economy contracted a touch in the third quarter, as per the initial estimate, according to figures released on Friday by Destatis.
Turkey's central bank hikes rates by 500 basis points
Turkey’s central bank hiked interest rates by 500 basis points on Thursday to 40%, but signalled it was getting close to the end of the tightening cycle.
Sweden's Riksbank keeps rates on hold, but prepared to hike if needed
Sweden's central bank kept interest rates unchanged on Thursday but warned that monetary policy could be tightened if inflation doesn't come down quite enough.
Eurozone PMIs improve but economy 'stuck in the mud'
The downturn across the eurozone's manufacturing and services sectors eased more than expected in November, data from S&P Global and Hamburg Commercial Bank (HCOB) revealed on Thursday, but the economy still looks set to enter a technical recession.
US consumers' inflation expectations worsen in November, UoM says
Americans' confidence in the economy worsened in November, offset by improved attitudes regarding their personal finances.
Weekly US jobless claims drop sharply
The U. S. jobs market tightened unexpectedly during the preceding week.