International Economic
US jobless claims rise during latest week
Unemployment claims in the U. S. moved higher during the preceding weeks, especially those not being filed for the first time.
German inflation falls again to 2.5% in February
German inflation fell again this month to its lowest level since June 2021, with the February headline rate hitting 2. 5% on an annualised basis, compared with 2. 9% in January, according to flash estimates released on Thursday.
US PCE inflation ebbs in January, consumption steady
Americans' personal incomes surged at the start of 2024, although that did not carry over into their spending.
German retail sales fall unexpectedly in January
German retail sales fell unexpectedly in January, down 0. 4% against expectations of a 0. 5% rise, according to official data published on Thursday.
US Q4 GDP growth revised a tad lower on less stockpiling
The American economy expanded at a slightly slower than expected pace at the end of 2023.
EZ consumer sentiment falls unexpectedly in February
Confidence in the eurozone worsened unexpectedly this month, highlighting the single-currency bloc's struggle to emerge from the impact of the Covid pandemic and war in Ukraine, according to a survey of consumers and managers published on Wednesday.
US house prices rise as expected in December
US house price inflation picked up at the end of 2023, pushing prices further into record territory.
US durable goods orders plummet as those for jets more than halve
Durable goods orders shrank rapidly at the start of 2024, but mainly due to a more than halving in those for defence aircraft and parts.
German consumer confidence seen stable in March but at low levels - GfK
German consumer sentiment was tipped to stabilise at a low level next month as consumers expressed concerns about Europe's biggest economy, according to a widely-watched survey published on Tuesday.
US new home sales rise 1.5% in January
New home sales rose 1. 5% month-on-month in January, according to the Census Bureau, hitting a seasonally adjusted annualised rate of 661,000 and falling short of market expectations for a reading of 680,000.
Business sentiment in Germany strengthens slightly
Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter.
German economy shrinks by 0.3% in Q4, as expected
The German economy contracted by 0. 3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus.
US existing home sales rise 3.1% in January
US existing home sales rose 3. 1% month-on-month in January, according to the National Association of Realtors.
US composite PMI eases as service-sector growth slows
Private-sector activity growth in the US eased slightly in February, according to figures released on Thursday by S&P Global, as a slight slowdown in the services sector outweighed an acceleration in manufacturing.
US initial jobless claims hit lowest level in five weeks
Americans lined up for state benefits at a decelerated pace in the week ended 17 February, according to the Labor Department, hitting the lowest level for new claims in five weeks.
Eurozone inflation edges lower in January
Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected.
Eurozone activity downturn easing as services recover - PMI
The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday.
Germany slashes growth forecasts for 2024
Germany sharply lowered its economic forecasts on Wednesday, in response to faltering global demand and growing geopolitical uncertainty.
PBoC trims five-year loan prime rate more than expected
Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June.
German economy now likely in recession - Bundesbank
Germany's Bundesbank warned on Monday that Europe's largest economy was now likely in recession, with external demand weak, consumers remaining cautious, and domestic investment being held back by high borrowing costs.