International Economic
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.
US mortgage applications start March with 11.2pc surge
US mortgage applications surged 11. 2% in the week ended 7 March, according to the Mortgage Bankers Association of America.
EU hits back as Trump's global steel tariffs take effect
Donald Trump’s trade war escalated on Wednesday, after worldwide tariffs on steel and aluminium imports to the US came into effect.
Ontario suspends electricity tariffs as US trade officials agree to talks
Ontario has suspended its 25% surcharge on exports of electricity to three US states after US officials agreed to talks with the Canadian province's Premier Doug Ford in Washington later this week.
Trump doubles tariffs to 50% on Canadian steel, aluminium
US President Donald Trump on Tuesday said he would double tariffs on Canadian steel and aluminium to 50%, sending global stock markets into turmoil once again.
US small business optimism weighed down by macro worries, inflation
Optimism levels among small businesses in the US has weakened for the second straight month as weaker economic expectations and worries about inflation hit sentiment.
Japanese GDP revised lower as BoJ meeting looms
Japanese gross domestic product was revised slightly lower for the fourth quarter of 2024, according to government figures released on Tuesday.
Eurozone investor sentiment improves as leaders ramp up spending
Investor sentiment in the eurozone improved this month, helped by European leaders stepping up investments into the region, according to results of a Sentix survey on Monday.
German January industrial production beats forecasts
German industrial production rose 2% in January compared with the previous month, the federal statistics office said on Monday, beating estimates of a 1. 5% increase.
Hiring in the US rose by 151,000 in February
Hiring in the US rose roughly as expected last month.
Eurozone Q4 GDP growth revised higher again
The eurozone economy grew slightly more than previously thought in the fourth quarter, according to revised estimates from Eurostat on Friday.