International Economic
Positive ISM services surprises, but respondents worried by tariffs
Services sector activity in the US experienced a modest acceleration last month, the results of a closely followed survey revealed.
German parties strike deal on debt brake to lift defence, infrastructure
Germany’s likely ruling coalition partners have agreed a deal to spend billions on defence and infrastructure as part of a major reform to spending rules.
China braces for trade war as it eyes ambitious GDP growth
Beijing has unveiled ambitious economic growth targets for 2025, as it braces for an intensifying trade war with Washington.
Eurozone producer price inflation jumps to 22-month high
Wholesale inflation across the eurozone accelerated to a 22-month high in January, according to data out on Wednesday from Eurostat, with price pressures picking up across most major categories.
China services sector continues to expand in February
Activity in China’s services sector continued to expand in February, signalling a sustained recovery, according to a survey released on Wednesday.
Eurozone jobless rate at record low for third straight month
The jobless rate in the eurozone unexpectedly held stable in January, staying at a record-low level for the third straight month, according to data out on Tuesday from Eurostat.
China, Canada retaliate with tariffs on US as trade war kicks off
The first salvoes in the Donald Trump-inspired trade war were fired on Tuesday as China and Canada unveiled retaliatory measures against the US after the president went ahead with his tariffs against his immediate neighbours overnight.
US manufacturing slows as tariff fears hammer new orders
Business growth in the US manufacturing sector almost slowed to a standstill in February, according to a survey out on Monday from the Institute for Supply Management (ISM), as tariff uncertainty resulted in the biggest one-month decline for new orders in four and a half years.
Eurozone CPI dips to 2.4% in February ahead of ECB rate call
Eurozone inflation fell slightly to 2. 4% in February, further boosting the chances of another rate cut by the European Central Bank on Thursday.
Crypto prices surge as Trump outlines plans for US reserve
Cryptocurrency prices surged into Monday morning, after US president Donald Trump announced that Bitcoin, Ethereum, XRP, Solana,and Cardano would be included in a proposed US strategic crypto reserve.
Eurozone manufacturing PMI showing signs of recovery
The eurozone's manufacturing sector showed signs of improvement in February, according to fresh data released on Monday, with the HCOB eurozone manufacturing purchasing managers’ index (PMI) rising to a two-year high of 47. 6 from 46. 6 in January.
China Caixin manufacturing PMI beats expectations in February
Activity in China’s manufacturing sector grew in February at its fastest pace in three months, according to a survey released on Monday.