International Economic
German investor sentiment improves in November - ZEW
German investor sentiment improved more than expected in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Chinese credit growth ticks higher in October but rate of money supply increase slows
Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
US initial jobless claims fall by 3,000
Americans filed unemployment claims at a decelerated pace on the week ended 4 November, broadly in line with market expectations.
China falls back into deflation as pork prices tumble
China fell back into deflationary territory in October as pork prices slid, according to data released on Thursday by the National Bureau of Statistics.
Mortgage applications rise 2.5% as rates drop
Mortgage applications in the US jumped last week as fees on borrowing dropped in the wake of data showing a softening labour market, though levels still remain a low levels.
Powell keeps quiet on Fed policy, but urges "flexible" approach to forecasting
Federal Reserve chair Jerome Powell gave no hints at future monetary policy in an eagerly awaited speech in Washington on Wednesday, but did call on economists to be "flexible and dynamic" in their assessments of the economic outlook.
Eurozone retail sales decline for third straight month
Retail sales in the Eurozone fell by 0. 3% in September, declining for the third straight month, according to data released on Wednesday by Eurostat.
German inflation slows to two-year low, as expected
German inflation dropped to its lowest level in over two years last month, according to final figures released Wednesday by the federal statistics office, as energy prices sank and food inflation slowed.
Weakness persists across most European sectors in October
General demand weakness persisted across European sectors in October, with the latest S&P Global Europe sector purchasing managers’ index (PMI) data indicating sluggish growth.
IMF lifts Chinese GDP forecasts for 2023 and 2024
The International Monetary Fund has raised its growth outlook for the Chinese economy after recent resilient economic data.
China's exports slide as imports unexpectedly jump
China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.
Reserve Bank of Australia ups interest rates
Australia’s central bank lifted interest rates to a 12-year high on Tuesday, in response to persistent inflation.
Eurozone construction sees sharpest drop in 10 months
Eurozone construction activity experienced its most significant decline in 10 months in October, according to fresh survey data released on Tuesday.
German industrial output drops 1.4% in September
German industrial production dropped much more than expected in September, according to figures out Tuesday from the federal statistics office Destatis.
Eurozone services PMI contracts as expected in October
The Eurozone's services sector contracted for the third straight month in October as expected, with final figures released on Monday confirming earlier 'flash' estimates.
Korean markets surge on reinstatement of short-selling ban
South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities.
German factory orders rise, but revisions paint gloomy outlook
Factory orders in Germany unexpectedly rose in September, figures from the Deutsche Bundesbank revealed on Monday, though downward revisions to previous data point to a bleak outlook for manufacturing.
US economy adds fewer jobs than expected in October
The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics.
CMA secures data commitments from Amazon and Meta
The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competition on their respective retail platforms.
Eurozone jobless rate unexpectedly rises to 6.5%
Unemployment in the Eurozone unexpectedly increased in September, with analysts expecting joblessness to rise further in the coming months.