US durable goods orders down -2.2% mom, driven by transportation equipment
US durable goods orders fell -2.2% mom to USD 276.1B, much worse than expectation of […]
Germany faces deep economic crisis amid structural weakness, BDI Warns
Germany’s economic challenges were laid bare today as BDI President Peter Leibinger warned of a […]
Australia NAB business confidence rises to -2, price pressures persist
Australia’s NAB Business Confidence showed slight improvement in December, rising from -3 to -2, but […]
SNB’s Schlegel: Negative rates won’t be taken lightly
SNB Chair Martin Schlegel said on Monday that while the central bank is reluctant to […]
China’s PMI manufacturing falls to 49.1, weak start to 2025
China’s manufacturing activity slipped into contraction in January, with NBS Manufacturing PMI falling from 50.1 […]
US PMI composite falls to 9-mth low, optimism holds despite slowing growth and rising costs
US PMI data for January painted a mixed picture. PMI Manufacturing rose from 49.4 to […]
Eurozone PMI composite hits 50.2 as Germany returns to growth
Eurozone PMI data for January showed cautious improvement, with PMI Composite rising from 49.6 to […]
BoJ delivers expected rate hike, upgrades core inflation forecasts
BoJ raised its uncollateralized overnight call rate by 25bps to 0.50% as widely expected, marking […]
Canada’s retail sales stagnate in Nov as core sales down -1% mom
Canada’s retail sales were flat in November, falling short of the expected 0.2% mom increase. […]
US initial jobless claims rises to 223k, above exp 220k
US initial jobless claims rose 6k to 223k in the week ending January 18, above […]
Gold surges on Dollar weakness, Silver lags
Gold prices surged past 2750 mark this week, supported largely by a weaker Dollar. The […]
US consumer confidence falls to 104.1 as labor sentiment weakens
US Conference Board Consumer Confidence Index dropped to 104.1 in January, down from 109.5 and […]