Eurozone retail sales fall -0.3% mom in Jan, EU down -0.2% mom
Eurozone retail sales volume dropped by -0.3% mom in January, missing expectations of a modest […]
ECB to cut rates, but trade war and fiscal shifts cloud outlook
ECB is widely expected to continue its “regular, gradual” easing cycle today, reducing the deposit […]
Fed’s Beige Book: Modest growth, rising price pressures, and tariff concerns
Fed’s Beige Book report indicated that “economic activity rose slightly” since mid-January, with mixed regional […]
US ISM services rises to 53.5, growth across key subcomponents
US ISM Services PMI climbed to 53.5 in February, up from 52.8 in January and […]
US ADP jobs grow only 77, hiring slowdown
US private sector employment growth slowed sharply in February, with ADP reporting an increase of […]
Eurozone PPI up 0.8% mom 1.8% yoy in Jan, above expectations.
Eurozone producer prices rose sharply by 0.8% mom and 1.8% yoy in January, exceeding expectations […]
UK PMI services finalized at 51, stagflation risks grow
The UK services sector showed little improvement in February, with PMI Services finalized at 51.0, […]
Eurozone PMI composite finalized at 50.2, barely grow for two months
Eurozone economy showed little momentum in February, with PMI Services finalizing at 50.6, down from […]
Swiss annual CPI ticks down to 0.3% yoy, remains weak
Swiss inflation accelerated on a monthly basis in February, with CPI rising 0.6% mom, slightly […]
China’s Caixin PMI services rises to 5.14, but uncertainties rising in employment and income
China’s Caixin Services PMI climbed to 51.4 in February, up from 51.0, beating market expectations […]
BoJ’s Uchida: Interest rate to gradually approach neutral by late FY 2025 to FY 2026
BoJ Deputy Governor Shinichi Uchida reinforced today that interest rates will continue to rise if […]
ECB cuts 25bps as expected, not pre-committing to rate path
ECB cut its deposit rate by 25bps to 2.50% as expected. It maintains a data-dependent […]