International Economic
US personal income and spending ease in April, core PCE prices slow
Americans reined in their spending a tad during the previous month, even as price pressures ebbed a smidgen.
Declining orders drag Chicago PMI lower for sixth consecutive month in May
Factory sector a activity in the Chicago area slowed for a sixth month running in May, the results of a survey showed.
Headache for ECB as eurozone May inflation rises more than expected
Eurozone inflation rose in May, according to official data published on Friday, as prices stubbornly refused to shift and indicating a tougher path ahead for the European Central Bank's monetary policy.
German retail sales drop sharply in April
Retail sales in Germany dropped sharply in April, pulling back after a stronger-than-expected increase the previous month, according to Destatis.
China manufacturing PMI falls more than expected in May
China Factory activity slowed more than expected in May, hitting a three-month low, as the world's second-largest economy continued to battle problems in its property market, according to survey data published on Friday.
US Q1 GDP growth revised down on softer consumption
America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption.
Weekly US jobless claims tick higher
Jobless claims in the US edged up during the preceding week, but remained near record low levels.
Eurozone recovery gathers pace as unemployment falls
Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher.
German consumer confidence at highest since April 2022
Consumer confidence in Germany rose to its highest reading in more than two years, according to the latest Consumer Climate Indicator from GfK and the Nuremberg Institute for Market Decisions (NIM).
US consumer confidence breaks three-month stretch of declines in May
Confidence around current labour market conditions buoyed US consumer sentiment in May, the results of a closely followed survey revealed.
US consumer confidence falls back in May, University of Michigan says
Consumer sentiment in the US shifted down a gear in May, according to the results of a closely followed survey.
US durable goods orders rise unexpectedly in April
Durable goods orders in the US rose unexpectedly in April, but on the back of a sharp downwards revision to the prior month's figures.
German GDP Q1 growth confirmed at 0.2%
Germany's economy grew 0. 2% in the first quarter of 2024 compared with the final three months of last year, confirming a flash estimate, the Federal statistics office said on Friday.
US economic activity picks up to more than two-year highs, PMIs show
Economic activity in the US picked up unexpectedly in May, the results of two surveys revealed.
US jobless claims fall to 215,000
Americans lined up for state unemployment benefits at a decelerated clip in the week ended 18 May, according to the Labor Department.
Turkey central bank holds rates at 50%
Turkey’s central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected.
Eurozone economic recovery gathers pace in May
The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday.
US existing home sales dip in April
Sales of second-hand homes in the US dipped by slightly more than expected last month.
China hints at tariff hikes for large car imports
China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
Eurozone construction output inches higher
Construction output in the eurozone rose marginally in March while the previous month's increase was revised significantly lower, according to figures released on Tuesday by Eurostat.