International Economic

Eurozone economy grows 0.1pc in Q4
The Eurozone economy grew 0. 1% in Q424, according to Eurostat, ahead of preliminary estimates for a flat reading.

US producer prices come in a tad higher than forecast in January
Inflation at the wholesale level in the US came in a tad hotter-than-expected at the start of 2024.

US initial jobless claims fall in first week of February
Americans lined up for unemployment benefits at a decelerated pace in the week ended 8 February, according to the Labor Department.

Eurozone industrial production falls sharply in December
The Eurozone’s ailing manufacturing sector ended 2024 on the back foot, official data showed on Thursday, after industrial production fell by more than expected.

Israel sees window for Iran strikes, US intelligence says - WSJ
American intelligence believed that Israel was considering large strikes against Iran's nuclear facilities.
German January CPI confirmed at 2.3%
German inflation was confirmed at 2. 3% in January, the Federal Statistical Office Destatis said on Thursday.

US open: Stocks lower following hotter-than-expected CPI reading
Wall Street stocks were lower early on Wednesday as traders digested a hotter-than-expected January consumer inflation report.

US CPI comes in hotter-than-expected in January
US consumer prices rose a hotter-than-expected 0. 5% in January, according to the Bureau of Labor Statistics, indicating that inflation remained a problem across the country.

US small business optimism falls as uncertainty rises
Optimism among small businesses in the United States retreated from a six-year high in January, with uncertainty "on the rise", according to the National Federation of Independent Business.

Trump to impose 25% tariff on steel, aluminium imports
The US government is to impose 25% tariffs on steel and aluminium imports into the country from Monday, president Donald Trump has announced.

Non-farm payrolls slow after robust end to 2024, wage growth strong
US hiring slowed by more than anticipated at the start of 2025, albeit after a sharp rise at the end of the previous year.

US consumer confidence dips, inflation expectations surge
Consumer confidence in the US dipped slightly, amid concern around the impact of tariffs on the cost of purchasing durable goods, preliminary survey data showed.

German industrial production slumps by more than expected
German industrial production slumped in December, official data showed on Friday, as Europe’s biggest economy ended 2024 on the back foot.

US jobless claims shoot past expectations
Americans lined up for unemployment benefits at an accelerated pace in the week ended 1 February, according to the Labor Department.

Eurozone retail sales fall more than expected
Retail sales across the eurozone failed to grow for the third straight month in December as food, drinks, and tobacco volumes dropped sharply.
Decline in EZ building activity eases in Jan but outlook remains 'bleak' - PMI
The decline in eurozone construction activity eased to its slowest pace in almost two years, although new orders continued to fall markedly amid a bleak outlook, according to a survey published on Thursday.

German factory orders rebound strongly
Factory orders in Germany rebounded strongly in December after two months of declines, according to data out on Friday from Destatis, the Federal Statistical Office.
US private sector adds more jobs than expected in January
Private sector employment in the US rose more than expected in January, according to data released on Wednesday by ADP.

Gold prices rally as Trump ratchets up geopolitical tensions
Gold prices surged on Wednesday, hitting fresh highs, as geopolitical worries and trade tensions between the US and China intensified.
Eurozone producer prices rise 0.4% in December
Eurozone industrial producer prices rose 0. 4% in December on a monthly basis, according to flash estimates from Eurostat, the statistical office of the European Union.