International Economic
Eurozone investor confidence hits 13-month low as outlook worsens
Investor confidence in the eurozone weakened to its lowest level in 13 months in December, according to Sentix, on the back of gloomy economic data from Germany and political turmoil in France.
Beijing commits to 'more proactive' stimulus measures
China's leadership committed to "more proactive" fiscal measures and a moderately looser monetary policy for 2025, it emerged overnight on Monday, in a bid to bolster domestic consumption and stabilise key markets.
China CPI fall indicates stimulus measures failing to have an impact
Chinese inflation fell to its lowest level in five months indicating that recent stimulus measures from the government had failed to stimulate demand in the world’s second-biggest economy.
US non-farm payrolls rise more quickly than expected in November
Hiring in the US rebounded a tad more strongly than expected last month, once the impact from hurricanes and strikes in October had passed.
US consumer confidence hits seven-month high, inflation expectations rise
Consumer confidence in the US rose for a fifth month running in December, the results of a closely followed survey revealed.
Eurozone GDP growth picks up in Q2
Economic output in the euro area rose more quickly over the three months ending in September than over the preceding quarter, as Germany skirted recession and aggregate demand in Ireland spiked.
German industrial production falls unexpectedly in October
German industrial production fell unexpectedly in October, due to declines in energy production and the automotive industry, according to official data published on Friday.
Crude prices gain as OPEC+ extends supply cuts
Oil prices were up on Thursday as OPEC+ members agreed to extend supply cuts for three months to the end of March after their recent non-ministerial meeting.
US initial jobless claims rise to 224,000
Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 30 November, according to the Labor Department, hitting 224,000, up from 213,000 in the previous week and ahead of expectations of 215,000.
Eurozone retail sales fall more than expected
Retail sales in the eurozone fell for the first time in four months in October, reversing gains made the month before, according to figures out on Thursday from Eurostat.
New orders slide in Eurozone construction sector - PMI
The Eurozone’s construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc’s faltering economy.
German factory orders fall less than expected
Factory orders in Germany slipped back in October after an upwardly revised surge the previous month, according to figures out on Thursday from Destatis.
ISM services PMI declines in November
The Institute for Supply Management's November services PMI declined to 52. 1 in November, down from 56 in October and well and truly short of expectations for a reading of 55. 5.
US private sector adds fewer jobs than expected in November - ADP
Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP.
US weekly mortgage applications rise 2.8pc
US mortgage applications rose 2. 8% in the week ended 29 November, according to the Mortgage Bankers Association.
OECD ups growth forecast but warns of risks from protectionism, geopolitics
Global economic activity is expected to accelerate next year, according to the OECD, but geopolitical instability and protectionist moves by governments threaten to disrupt the path of disinflation and weaken the growth outlook.
Faltering service sector weighs heavily on Eurozone
The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped.
Eurozone producer prices rise as expected
Industrial producer prices in the eurozone increased as expected in October, according to figures out on Wednesday from Eurostat.
China services growth eases in November - Caixin
Growth in China’s services sector eased in November, according to data released on Wednesday.
South Korean president declares martial law
South Korea's president declared emergency martial law, arguing that it was needed to defend the country from communists in North Korea.