International Economic
German investor sentiment improves in January - ZEW
German business sentiment improved in January, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
German inflation confirmed at 3.8% in December
German inflation rose in December to 3. 8%, in line with preliminary data, the federal statistics office said on Tuesday.
EZ industrial production falls in November
Eurozone industrial production fell 0. 3% in November on a monthly basis, as the single currency bloc continued to struggle amid inflationary pressures, according to official data published on Monday.
German GDP shrinks by 0.3% in 2023
The German economy contracted in 2023 as price pressures impacted economic activity, according to the first calculations of the Destatis, the country's federal statistical office.
PBOC leaves medium-term loan rate unchanged
The People’s Bank of China surprised markets on Monday by keeping its one-year medium-term lending facility on hold at 2. 5%.
US producer prices fell for third straight month in December
US producer prices unexpectedly fell for the third consecutive month in December which will likely ease some concerns of inflationary pressures after a stronger-than-expected reading of the consumer price index on Thursday.
China CPI improves slightly but still in deflation
Consumer prices in China improved slightly but were still deflationary for the third consecutive month in December, as the recovery in the world’s second biggest economy continued to struggle.
US jobless claims slow in first week of 2024
Americans filed claims for state benefits at a decelerated clip in the week ended 6 January, according to the Labor Department, hitting their lowest level since October.
Amazon fails to offer remedies to EU concerns over iRobot acquisition
Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1. 4bn acquisition of the US domestic robotics giant.
US consumer price inflation rises more than expected in December
US consumer price inflation rose more than expected in December, according to figures released on Thursday by the Labor Department.
US mortgage applications rise 9.9%
Mortgage application volume rose 9. 9% in the week ended 5 January, according to the Mortgage Bankers Association, the biggest increase in a year.
French industrial output rebounds in November
Industrial output in France unexpectedly rebounded in November, according to data released on Wednesday by the National Institute of Statistics and Economic Studies (Insee).
US trade deficit in goods widens during November
America's trade deficit in goods widened to $90. 3bn in November, up from a revised reading of $89. 6bn a month earlier, according to an advance estimate from the Census Bureau.
US small business optimism rises but inflation worries persist
Optimism among small businesses in the United States was better than expected in December, according to a survey out on Tuesday from the NFIB Research Foundation, though inflation is still a concern for many.
Eurozone unemployment narrowly beats forecasts in November
Eurozone unemployment narrowly surpassed market forecasts in November 2023, according to Eurostat, and was in line with June's historic low.
German industrial output posts shock fall in November
German industrial production registered an unexpected fall in November, making it the six straight month of declines as manufacturing in Europe's biggest economy continued to struggle.
Euro Area retail sales unexpectedly fall in November
Eurozone retail sales fell 0. 3% in November, according to Eurostat, cutting into October's upwardly revised 0. 4% jump and marking the sharpest decline in retail volume since August.
Eurozone consumer confidence hits 22-month high in December
Consumer confidence in the eurozone was revised to a 22-month high in December, according to the final estimates of a survey released on Monday by the European Commission.
German trade surplus expands as exports jump in November
Germany's trade balance jumped in November after a huge rise in monthly exports smashed economists' expectations.
German factory orders edge higher but miss forecasts
Factory orders in Germany increased by less than expected in November,, according to provisional figures released on Monday by the Federal Statistical Office, Destatis.