International Economic
US housing starts, building permits beat forecasts
The numbers of new houses being built in the United States came in higher than expected in February, along with the volume of permits authorising residential construction, according to data from the Census Bureau on Tuesday.
Eurozone trade surplus drops to 20-month low
The eurozone's trade surplus with the rest of the world was at its lowest in nearly two years in January, according to data out on Tuesday from Eurostat, coming in well below forecasts.
German ZEW index hits highest level in three years
Investor morale in Germany surged in March to its highest level in more than two years, according to the Centre for European Economic Research (otherwise known as ZEW), on the back of improved confidence in the government's new fiscal policies.
Gold hits fresh high as global tensions mount
Gold prices hit fresh highs on Tuesday on the back of mounting geopolitical tensions, including renewed hostilities in the Middle East and the prospect of a global trade war.
New York manufacturing conditions deteriorate as prices surge
Manufacturing activity in New York state contracted sharply in March after only a modest increase the month before, as input price inflation surged.
US retail sales growth subdued as consumer confidence wanes
US retail sales rose less than expected in February, while January's decline was revised down to the biggest decline in more than two years, according to data out on Monday from the Census Bureau.
OECD cuts global growth forecasts on trade war risks
Global economic expansion is expected to slow over 2025 and 2026 as policy uncertainty hits investment and household consumption, according to the Organization for Economic Co-operation and Development (OECD), which cut its growth outlook on Monday.
China unveils stimulus measures as economic data beats forecasts
China unveiled a major stimulus plan on Sunday aimed at boosting domestic consumption, while a barrage of economic data from the government came in better than analysts' forecasts.
Trump says tariffs to go ahead on April 2 with no exemptions
US President Donald Trump said he would go ahead with reciprocal and additional sector-specific tariffs on April 2 with no exemptions for the steel and aluminium sectors.
US consumer confidence tanks as policy uncertainty dampens outlook
Consumer confidence in the US dropped to its lowest levels in two and a half years this month as ongoing political seesawing in Washington raised inflation expectations and hammered sentiment.
German consumer inflation eases, but wholesale prices surge
Consumer price inflation in Germany unexpectedly slowed in February, though wholesale price surged by their most in nearly two years, according to data from the Federal Statistical Office on Friday.
Russian president backs idea of stopping hostilities, but calls for 'enduring peace'
Russian President Vladimir Putin said that he agreed with the proposal to stop the hostilities, but that it should lead to long-term peace and eliminate the original roots of the crisis.
US initial jobless claims fall by 2,000
Americans lined up for unemployment benefits at a decelerated clip in the week ended 8 March, according to the Labor Department.
US wholesale prices unchanged in February
Wholesale prices were unchanged in February, according to the Bureau of Labor Statistics, proving to somewhat quell inflation fears amid ongoing concerns regarding Donald Trump's trade war.
Trump threatens 200% tariff on EU alcohol imports
Donald Trump’s tariff saga continued on Thursday as the US President threatened to impose a 200% tariff on the European Union’s alcohol imports if the bloc does not remove its tariffs on US whiskey.
Eurozone industrial production rebounds in January
Eurozone industrial production surprised on the upside in January, official data showed on Thursday, supported by expansion in Germany, the bloc’s biggest economy.
Canada to launch reciprocal tariffs on $30bn of US imports
Canada is to impose 25% reciprocal tariffs on nearly $30bn-worth of US imports into the country in response to Donald Trump's "unjustified" trade war.
Bank of Canada cuts rates again, but warns tariffs will ramp up inflation
The Bank of Canada has lowered interest rate for the seventh straight meeting but warned that its ongoing trade conflict with the US will likely increase price pressures.
Trade wars, political shocks a risk to eurozone inflation - Lagarde
Hitting the eurozone's inflation target would become more difficult due to shocks such as trade tariffs and climate change European Central Bank president Christine Lagarde said on Monday.
US inflation slows more than expected
US inflation slowed more than expected in February, according to preliminary estimates released on Wednesday, with consumer prices rising just 0. 2% – though cost pressures are likely to pick up in the months ahead as the impact of trade tariffs begins to set in.